AUD/USD bulls meet strong resistance at 0.69 the figure
• AUD/USD is back under pressure following an extension of the bullish correction. • Bears eye a move below 0.6880 for the day ahead.
Avoid common trading mistakes with these 4 steps
Some traders will make unavoidable mistakes but it's important to learn about the common trading mistakes and how you can avoid them. Beginner traders tend to find trading intimidating and worry about making mistakes. But did you know common trading mistakes aren't specific to beginners? Even seasoned traders make mistakes. The solution to avoiding them lies in developing a structured and disciplined approach to trading, and this blog explains how to do it in 4 steps.
Disney ESPN spin-off: DIS stock price on rise amid activist calls to sell sports network
Activist investor Dan Loeb indicated in a tweet that he's going to retreat from his push to get Disney to spin off ESPN. Dreams really can come true, or at least that’s what activist investor Dan Loeb was hoping to achieve when he called for media and entertainment group, Walt Disney (DIS) to spin-off its sports division, ESPN.
Mohicans markets：Gold Volatility Narrows Long and Short Competition for Oil Prices Intensifies
On Wednesday, September 21, the Fed's interest rate decision will be ushered in this trading day. The market generally expects to raise interest rates by at least 75 basis points, and the expectations are also hawkish. When the US dollar hits a new high, gold prices face further downside risks. But after the Fed's interest rate decision, investors need to beware of the possibility that the bears will leave the market or the Fed's hawks will be less than expected.
Abu Dhabi Gives eToro In-Principle Approval
The Abu Dhabi Global Market Financial Services Regulatory Authority has awarded eToro, the social trading platform, In-Principle Approval (ADGM). Following the expected approval of a full license, the global broker will be permitted to operate as a security, derivatives, and cryptocurrency broker in the UAE capital.
Knowing oil price forex Before Transactions
All currency on the forex will increase when the oil price increases. Both of them are like a chain that Will related to each other. Thus, traders need to know information, deeply.
XTB Announces Partnership with Conor McGregor
XTB, a renowned supplier of financial trading services, said today that it has teamed with Conor McGregor, a multi-weight UFC champion. According to the company's announcement, McGregor has been named XTB's newest worldwide brand ambassador.
Mohicans markets：Focus on the EIA Crude Oil Inventory Data in the Evening
On September 21, Tuesday, Beijing time, spot gold fell sharply after failing to challenge the $1,680 mark in Asian trading, and once fell below the $1660 mark, the high point fell by about $20, and finally closed down 0.66% at $1664.94 per ounce.
Mohicans markets：Concentrated Short Bets Focus on Key Supports
On Monday, September 20, investors maintained a cautious stance ahead of this week's Fed policy meeting. The market generally expects at least a 75 basis point rate hike, with a 20% probability of a 100 basis point rate hike. The strong resistance of the 1680 mark also limits the rebound space of gold prices, the US dollar index is still at a relatively high level, and SPDR positions continue to decline.
Knowing Forex Trading Learning Website to be the Best Trader
Forex trading is more developed since it uses technology online. So, a lot of brokers present their platforms using business websites. As well as, learning this business is easier.
Mohicans markets：Focus on Fed Decision This Week
On Monday, spot gold fell sharply after failing to challenge the 1680 mark in the Asian session, and fell about $20 at one point, then recovered some of the lost ground and turned up, and finally closed up 0.05% at $1675.92 per ounce; Spot silver finally closed down 0.32% at $19.56 an ounce.
Zenfinex Plus - The Comprehensive Trading Tool Creating a Huge Buzz Across Retail Traders
Rapidly growing multi-asset brokerage Zenfinex has taken a big step forward in enhancing its client's trading experience with their new product Zenfinex Plus, launched last week in Malaysia.
Mohicans markets：Focus on Fed decision this week
On Monday, September 19, spot gold in the Asian session fell, falling below the pivot point of 1670.78, but found some support at 1658.65; Spot silver rose and fell, and rebounded slightly after testing the pivot point at 19.26; WTI crude oil approached the 84 mark, and the primary support was 81.33; The US dollar index rose above the long-short turning point of 109.77 and stood at the 110 mark, with the first upward target looking at 110.24.
Hitting Exhibition|"Integrating innovation and leading the future with wisdom", MHMARKETS cast a solid base for the trading industry.
Innovation drives development and technology leads the future. On September 17, the forex alliance trading technology summit held in Hohhot officially kicked off.
The Greenback in Forex is Important to Know Before Trading
The currency is strong enough because it can not be influenced by the global economy.
Mohicans markets：Focus on Fed Decision This Week
On Friday, spot gold rose by about $23 in the U.S. market in the short-term, recovering some of the previous losses and standing at the 1670 mark, and finally closed up 0.60% at $1675.09 per ounce; spot silver rose to around $19.50 and finally closed up 2.34 %, at $19.62 an ounce. The U.S. dollar index failed to challenge the 110 mark during the European session and fell back, and finally closed down 0.05% at 109.66；The 10-year U.S. Treasury yield fell slightly to 3.453%.
Mohicans markets：Markets Await Next Week’s Meeting
On Friday, September 16, spot gold in the Asian session was in the key position of 1672.10 below the narrow oscillation, and the support in short-term was weak; spot silver blocked back near the 19.2, below the first support 18.88; WTI crude oil recovered all the gains in the session, down to test the first support 84.72; dollar index short pull up to 110 mark above, and the next upside target to see 110.55.
Recognize Bullish in Forex to Know the Forex Position
Many patterns in the forex indicator. It is being formed because of some factors. So, traders should know those factors before making the right decision in this business.
Zenfinex Plus: The All-In-One Trading Tool That's Making a Lot of Noise Among Retail Traders
Zenfinex, a rapidly expanding multi-asset brokerage, has taken a significant step forward in improving its customers' trading experiences with the introduction of Zenfinex Plus last week in Malaysia.
Mohicans markets：Pay Attention to ECB Development
Spot gold oscillated downward and extended losses in the U.S. session, once below $1,660, which was a new low since April 2020. It retraced about $38 from the daily high and finally closed down 1.91% at $1665.06 per ounce; spot silver moved downward with gold, once below the $19 mark, and finally closed down 2.36% at $19.17 per ounce.
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