We would like to provide you with the following information regarding the changes in the trading platform time schedule, due to US daylight saving time switch on Sunday 12th March 2023.
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On Thursday, spot gold rebounded and pulled up sharply in the U.S. market on positive data, reaching a high of 1835.56, eventually closing up 0.85% at $1830.88 per ounce, ending three consecutive trading days of decline; spot silver retreated most of its intraday gains in late trading, eventually closing up 0.14% at $20.07 per ounce.
Forex type of trading is various. Foreign exchange or foreign exchange is a convertibility in which currencies can be exchanged for each other.
Forex Channel Trading
On Thursday, March 9, international gold prices fluctuated narrowly. Investors are staying on the sidelines ahead of the release of U.S. employment data, which could influence the path of the Federal Reserve's monetary policy. Gold prices below the $1,800 mark will trigger a new potential downtrend.
On Wednesday, spot gold consolidated and quickly recovered after falling below the 1810 mark in early trading. The U.S. market surged nearly $15 higher than the daily low, but then gave back gains and eventually closed down 0.01% at $1813.86 per ounce. Spot silver hovered near the 20 mark and eventually closed down 0.35% at $20.03 per ounce.
Simply put, a trading strategy is a plan for buying and selling on the financial markets. This can be a very simple or complex plan, depending on the amount of information you enter.
Forex trading is a complex and volatile endeavor, requiring traders to navigate a constantly changing environment of currency values and economic indicators. As you navigate the perilous landscape of the forex market, you need all the help you can get to stay on course and avoid disaster. That’s where technical indicators come in – they’re like your trusty guide, pointing you in the right direction and warning you of potential pitfalls.
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WCG Markets:2023-03-09
Recently, MTFE has been sought after by many people in Nigeria. It is reported that the group started its globalization strategy in June last year, and has established more than 100 offline operation service centers in more than 20 countries around the world.
Forex trading analysis is one of the most important things to know first. The best traders sharpen their skills through trial and error in discipline way.
PU Prime (formerly Pacific Prime) which is an established trading broker with multiple live accounts, excellent customer support and competitive analysis tools, released an announcement about the changes in their trading schedule due to upcoming US Daylight Saving.
Stocks sold off sharply Tuesday after comments from Federal Reserve Chair Jerome Powell suggested that rates may need to go higher for longer, fueling fears of a potentially larger hike at the central bank’s next policy meeting.
After announcing consecutive nine rate increases so far, the Reserve Bank of Australia (RBA) is up for another hawkish monetary policy outcome, despite teasing the policy pivot of late, during the scheduled Interest Rate Decision of around 03:30 AM GMT on Tuesday.
WCG Markets:2023-03-08
On Tuesday, Powell's hawkish speech ignited the market. Spot gold accelerated its decline in the U.S. session, losing $1,820 per ounce and hitting a new low since Feb. 28, eventually closing down 1.8% at $1,813.08 per ounce. Spot silver fell since the European session, eventually closing down 4.64% at $20.07 per ounce.
these are the GEM numbers of the month for February:
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】