【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
In the forex business, traders should know about the technical method. It is used to analyze price change movements. So, traders should know about Simple Forex Average.
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Forex can change slowly and it can also change so fast. Therefore, traders should know about its movement use indicators.
WCG Markets:2023-01-20
The 40-hour workweek ensures regular pay regardless of how well one performs. A trading routine, however, does not fit with a traditional job description. Unless you make enough winning trades, you won’t make any money. A trader can work a solid 40 hours and still see no results. Yet, that doesn’t mean you won’t get rewarded. Getting out of the 9-5 mindset is the key to success, and here's why!
Forex is a dynamic global marketplace, where trillions of dollars are traded every day by buyers and sellers from all over the world. With forex trading becoming increasingly a global activity, macroeconomic events worldwide often have a greater impact on market activity. The global forex market is largely affected by inflation, economic reports, and political stability, which are the significant market movers.
If you want to make a career as an introducing broker (IB) or an affiliate in the foreign exchange market, you will find dozens of forex brokers looking to win your business. Visit any financial site, you are most likely to be bombarded with advertisements encouraging you to join as a referral partner. However, it’s ironic that most of these schemes out there turn out to be quite the opposite of what you expected.
The key takeaway we can share with you is during a recession, most investors should avoid investing in highly leveraged, cyclical, or speculative companies.
A forex market is always influenced by some factors. One of the factors is market conditions. Surely, market conditions always update an era's changes.
On Thursday, January 19, spot gold shock slightly up during the Asian session and is currently trading near $1909.20 per ounce.
On Wednesday, January 18, the dollar index intraday decline once expanded to 0.8%, down to 101.52, then rebounded back to 102 above, and finally closed slightly up 0.03% at 102.41. The EURUSD rose above 1.08; the GBPUSD rose above 1.24, which hit a new one-month high again; the Jpy/USD plunged 2.7%. After the dollar index rebounded, non-dollar currencies retreated sharply.
WCG Markets:2023-01-19
On Wednesday, January 18, international gold prices fell slightly for the third consecutive session, with the short term expected to dip to $1898, but expectations of a slower pace of interest rate hikes from the Federal Reserve limited the decline. The market is concerned about the upcoming U.S. PPI and retail sales data.
On Tuesday, January 17, the dollar index still hovered at a seven-month low, closing down 0.17% at 102.38. The European Central Bank is considering slowing interest rate hikes to 25 basis points in March, causing the euro to lose 1.08 against the dollar; the pound rose more than 0.9% against the dollar, rising to a daily high of 1.23; the dollar continued to fall against the yen before the Bank of Japan's resolution, with the 128 mark in jeopardy.
Fibonacci is created by a mathematics expert. It is one of the mathematics theories. So, Fibonacci is the name of Leonardo Picasso Boogaloo. He was found of this theory.
As Earnings report on Wall Street began this week and investors will get more reports from US financial companies after the weekend, as well as some tech reports.
The Bank of Japan's monetary policy meeting (MPM) is a regular session held by the bank's Policy Board, in which the official interest rates and other monetary policies for the country are chosen in response to the latest economic developments.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】