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AUD/USD update for October 20th, 2021

by admin · October 20, 2021 ·

The Australian dollar has resumed its recovery against the US dollar. AUD/USD has risen to 0.7471, up 0.80% on the day. The pair is at its highest level over last ...

Forex Trading: WHAT IS FOREX?

by admin · October 18, 2021 ·

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Forex trading is a term used to describe people involved in the effective exchange of foreign currency, usually for the purpose of profit or financial gain. That could take the ...

USD/JPY Analysis: No Stopping for USD Against JPY

by admin · October 16, 2021 ·

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The volatile market conditions for USD/JPY rose to three years high above 114.00. USD/JPY extended its one-and-a-half-month rise, gaining 0.47% during the New York session, trading at 114.21 at the ...

News Based Trading

by admin · October 16, 2021 ·

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A major advantage of forex trading is that the forex market is open 24 hours a day, five days a week. Markets move based on news, so economic data is ...

What are Forex Regulations?

by admin · October 14, 2021 ·

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Forex brokers usually start with regulation in only one country. It is usually not easy to get such a license, especially in countries with stricter regulations. New brokers usually start ...

EUR/USD Analysis: Session Highs Ahead of the Jobs Report

by admin · October 14, 2021 ·

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The EUR/USD pair turned north on Wednesday, but it must be said that the rally was fueled by broad selling pressure around the greenback rather than renewed euro strength. After the ...

EUR/USD Hitting New Lows

by admin · October 12, 2021 ·

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The EUR/USD has been hitting new lows regularly and not showing any signs of reversal. The US is taking various economic boosting measures and it is expected that employment opportunities ...

Bitcoin Reaches Its Five-Month High

by admin · October 8, 2021 ·

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On Wednesday, bitcoin reached the price of $54,873.02, which is about 7.6 % higher than the previous day’s one. It is a great achievement for the cryptocurrency as it is ...

The Popular Stop-Loss Strategy

by admin · October 7, 2021 ·

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Stop-loss strategy will make it so that you won't lose more than the amount that was previously decided, and they will do this for you. Increasing your knowledge of these ...

McConnell offers to raise the debt ceiling

by admin · October 7, 2021 ·

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The upliftment of the debt ceiling has been a major concern in the past few days in the financial markets all over the world. The arguments between the democrats and ...