Become a Forex Currency Trader is not as Easy as You Thought
A currency trader or also known as a foreign exchange trader is a person who spends a lot of time in the world of foreign currencies.
Mohicans markets：Markets Await September Meeting
In the Asian session on Thursday, September 15, spot gold in the pivoting point 1698.78 further lower, and the primary support focus on 1683.96; spot silver fell below the pivoting point 19.54 after a small rebound, so must pay attention to whether it can return to the pivoting point above; WTI crude oil tested the pivoting point 98.54 after upward approaching the first resistance 89.16; the U.S. dollar index rallied back, erasing most of the intraday.
Market Chaos to Continue? Date: September 15th
This week has been a volatile one from forex to commodities. Tuesday’s CPI and Wednesday’s PPI reports told traders that US inflation is on the march (again), and interest rates are heading higher. Will the chaos continue?
Don't be Trapped in a Bearish Market, You Must Take This Way
The condition forex market can change every time if some factors influence it. So, traders should know it deeply. Besides that, traders will know the analysis correctly.
Mohicans markets：Focus on the U.S. Employment Data
On Wednesday, spot gold oscillated around $1,700 during the day and fell below the $1,700 mark overnight, eventually closing down 0.27% at $1,697.42 per ounce; spot silver diverged from gold, eventually closing up 1.59% at $19.63 per ounce.
WIKIFX REPORT: Forex traders must know about Forex Signals Introduction to Forex Signals
Forex signals serve to determine the right forex trading opportunities at the right moment.
WIKIFX REPORT: CAD unfazed post-BoC meeting
CAD is the ISO 4217 currency code for the Canadian dollar - the official currency of the country of Canada. Currency Name:Canadian dollar. The Bank of Canada hiked by 75 bps to 3.25% as expected on Wednesday this week and is still assessing how much further rates will need to go in order to return inflation to target.
WIKIFX REPORT: [Market Morning] Gold Fell Below the 1710 Mark, US Bond Yields Rose Again
Gold yesterday settled down by -0.3% at 50281 as the dollar index gained further ground above the 110 mark, reaching levels not seen since June 2002, as investors brace for more interest rate hikes from the Federal Reserve. Traders' focus shifts to the European Central Bank's rate action when it meets on Thursday. The market also expects a big interest rate hike from the U.S. Federal Reserve in its Sept. 20-21 policy meeting.
Knowing Lot and Pip Calculator Carefully Before Trading
Beforehand, traders should know the definition of PIP and lot. PIP is the point in percentage in forex while Lot is the unit count of forex for contract trading.
Mohicans markets：Rate Hike Expectations Intensify, And Focus on the Evening EIA Data
On Wednesday, September 14, the CPI data released last night hardly made a radical change in the pace of Fed rate hikes, but the negative fundamentals still kept gold under pressure below 1710. Crude oil is still dominated by supply and demand with stronger support, and tonight’s EIA data may further disrupt the oil market. This breakdown in CPI expectations also hints at why the dollar has remained strong recently.
Knowing Lot and Pip Calculator Carefully Before Trading
Unit count of forex is lot and PIP. All business people in the forex business must know about both of them. So, they know how much capital should they use.
Mohicans markets：Focus on EIA Crude Oil Inventory Data
On Tuesday, spot gold dived sharply in the U.S. market and once fell below the $1700 mark, eventually closing down 1.30% at $1702.08 per ounce; spot silver dived with gold, eventually closing down 2.30% at $19.33 per ounce.
Mohicans markets：The Annual Rate of the US CPI in August is not Seasonally Adjusted
On Tuesday, September 13, spot gold tested 1723.97 resistance, and then the market faces a choice of direction; spot silver gained some support at 19.52, with the first upside target to 19.94; WTI crude oil recovered all the lost ground in the session, the primary resistance focus on 89.17; the dollar index under pressure at 108.34 below, which was down to test the 108 mark.
GemForex - weekly analysis
The week ahead: The market is set for more rallies
Mohicans markets：Market Focuses on the Annual Rate of the US CPI in August is not Seasonally Adjusted
On Monday September 11, spot gold rose and then fell. After the US market rose to a daily high of 1735.03, it gave up most of the previous gains and fell below the $1730 mark, and finally closed up 0.43% at $1727.47 per ounce;Spot silver once soared 6% during the day, and broke through the $20 mark, and finally closed up 4.99% at $19.78 per ounce.
WIKIFX REPORT: OctaFX and AWARD association join efforts to provide aid for flood-hit Pakistan
OctaFX joins AWARD association in providing emergency aid to 250 families of the flood-hit Taunsa, Dera Ghazi Khan District, Pakistan.
Things You Must Know as a Beginner in Forex Trading
Forex trading or commonly referred to as foreign exchange trading is a trading activity that involves two foreign currencies from two different countries with the aim of being able to make a profit.
Carry Trade Strategies and the Options of Currencies to Use
The carry trade strategy is maybe looked quite difficult and complex to do. However, actually it doesn’t like that as long as you understand the concept that it has.
Week Ahead – Market Volatility to Speed Up? Date: September 12th – September 16th
Inflation has dominated the markets so far this year, with staggering Consumer Price Index figures being released all over the world. This week’s attention turns to the most volatile CPI release in the economic calendar this month, U.S CPI.
Central Bank in Forex and How Much Influence does It Have
Traders are always checking every news or speech made by this central bank or its representatives. The example is for finding a clue whether this institution will raise or cut it’s interest rate
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