Crude oil sell-off a bit overdone
Following a spike to near $123 per barrel last week due to a variety of global factors, crude oil prices fell by as much as 6%, or $11 to $112…
4 Global Market Updates- 27 December, 2022
Technical analysis AUDUSD 15 minutes 1 hour 4 hour 1 Day Neutral SellBuy Strong sellStrong buy Loading… USDCAD 15 minutes 1 hour 4 hour 1 Day Neutral SellBuy Strong sellStrong…
Forex Rollover: All You Need to Know
WHAT DOES ROLLOVER MEAN? The interest received or paid for keeping a currency spot position overnight is known as rollover. Because forex is traded in pairs and each currency has…
GBP/USD falls, threatening 1.2000 support with bears at 100. -DMA
Due to the Fed’s aggressive remarks and positive US statistics, the US Dollar is expected to end the week with significant gains. The University of Michigan observed an increase in…
4 Global Market Updates- 11 March, 2023
In this article, we have covered the highlights of global market news about the USD/JPY, NZD/USD, GBP/USD and AUD/USD. Understanding trading warrants: How they operate and essential concepts Understanding the bigger picture, how…
US Dollar Strengthens, Pushing Gold Prices Down: A Look at the Latest XAU/USD Outlook
Gold price is experiencing a second day of selling pressure on Thursday, with XAU/USD trading around within the price of $2,025-$2,024 region, down almost 0.35% for the day. The US…
Currency Chaos: Euro Plunges as Germany Enters Recession, Dollar Reigns with 2-Month High, Swedish Krona Hits 14-Year Low and Downtrend Looms
The European currency, the euro plunges as Germany, the largest economy in Europe, officially entered a recession. The news sent shockwaves through the market, contributing to the euro’s downward trajectory.…
Top 3 Reasons Currency Markets Are Moving Today
The currency markets are experiencing high activity today due to a combination of political developments, economic data, and monetary policy signals. Traders are closely watching these shifts, as they directly…
Forex Trade Not Closing: Common Errors and Fixes
If you’ve ever clicked “Close” on a forex trade and nothing happened, you’re not alone. This issue frustrates many traders, especially those using MT4 or MT5. A frozen or unresponsive…
What Are the Best Hours to Trade Gold on MT4?
If you’re wondering what are the best hours to trade gold on MT4, you’re not alone. Many traders try to time their entries and exits but forget that gold behaves…