AUS GLOBAL reduces the spread of major currency pairs again
AUS GLOBAL listens to customers' valuable opinions and creates more satisfactory products and services, understanding that spreads are very important for traders, so we have decided to reduce spreads on major currency pairs once again!
May 29, 2023 - Fundamental Reminder
On Friday, spot gold rebounded after a new 2-month low. Before the U.S. session, gold prices retraced most of the day's gains due to the over-expected PCE data prompting traders to enhance expectations for another Fed rate hike, eventually closing up 0.31% at $1,946.33 per ounce
How to Use the Parabolic SAR Indicator in Forex Trading
The Parabolic SAR, or Parabolic Stop and Reverse, is a popular indicator used by traders to forecast the future short-term momentum of a financial asset. Developed by ‘Welles Wilder Jr’ in 1978, this momentum indicator helps identify potential trend reversals when the price is in a strong uptrend or downtrend. In this article, you’ll learn everything about Parabolic SAR Indicator and how it can help you trade better!
How to Use the Stochastic Indicator in Forex Trading
The stochastic oscillator is a simple momentum indicator widely used in forex trading to identify potential trend reversals. Developed by George C. Lane in the late 1950s, this momentum oscillator analyzes past price movements to forecast price changes in the future. If you’re wondering what a stochastic indicator is and how it makes you trade better, this article will help you out!
AUS GLOBAL reduces the spread of major currency pairs again
AUS GLOBAL listens to customers' valuable opinions and creates more satisfactory products and services, understanding that spreads are very important for traders, so we have decided to reduce spreads on major currency pairs once again!
AUS GLOBAL reduces the spread of major currency pairs again
AUS GLOBAL listens to customers' valuable opinions and creates more satisfactory products and services, understanding that spreads are very important for traders, so we have decided to reduce spreads on major currency pairs once again!
U.S. Debt Ceiling Negotiations Start Taking Shape in The Nick of Time
Earlier this week we reported that a negotiation is going on to resolve the issues about US Debt Ceiling Situation.
Stocks In Europe Lower After Germany Drops into Recession
European markets ended lower Thursday afternoon, as investors continued to monitor U.S. debt ceiling talks. The region's biggest economy, dropped into recession in the first quarter of 2023.
Silver’s GFC Pattern Has Repeated
Let's look back at that incredible silver market run up to nearly US$50 in 2011. If that happened today it would be AUD76!. There are clear similarities between then and now in the construct of the technicals and certainly worth a close eye.
May 26, 2023-MHM European Perspective
Spot gold bottomed out during the Asian session on Friday (May 26) and is currently trading around $1,949.16 per ounce.
How to Use Fibonacci Retracement Indicator in Forex Trading
The famous Fibonacci numbers often appear to have strong correlations with nature, and their relevance to forex trading is no exception as they influence the financial market as well. Developed by Joseph Granville in 1963, Fibonacci Retracement Indicator helps forex traders identify potential support and resistance levels in a currency pair.
May 26, 2023 - Fundamental Reminder
On Thursday, spot gold fell to its lowest point since March 22, eventually closing 0.83% lower at $1,940.85 per ounce as optimism around U.S. debt ceiling negotiations reduced safe-haven demand for gold and strong economic data pushed up bets on another Federal Reserve rate hike.
10 Best Trading Adjustments To Get You Back On A Winning Track
The psychological impact of trading losses can ravage your mind like a hurricane. While a part of you regrets the foolish decisions made initially, another part of you yearns to swiftly recover from the losses. Nonetheless, that approach won’t help you get out of the abyss. If you find yourself in a similar situation, we present you with the top 10 trading adjustments to help you regain your winning streak!
May 25, 2023-MHM European Perspective
Spot gold was slightly lower during the Asian session on Thursday (May 25), currently trading around $1,955.68 per ounce.
May 25, 2023 - Fundamental Reminder
On Wednesday, with the dollar higher and with hawkish comments from Fed Governor Waller and the minutes of the May meeting dampening market expectations for its June press, spot gold sank nearly $30 from its daily high to end down 0.88% at $1,957.33 per ounce.
MHMarkets: A Network of Multinational Offices Connecting Global Trading Routes
As the world's leading foreign exchange trading platform, MHMarkets has set up offices in Vietnam, Dubai and Myanmar to better provide customers with outstanding service and comprehensive support. Our network of multinational offices will connects you closely with trading experts around the world, making global financial markets accessible to you.
May 24, 2023-MHM European Perspective
During the Asian session on Wednesday (May 24), spot gold oscillated slightly higher and is currently trading around $1978.15 per ounce.
How to Use Bull Power and Bear Power Indicator in Forex Trading
The Bull Power and Bear Power indicators are forex technical analysis tools that identify bullish or bearish trends. Think of the Bull Power indicator as your trusty steed, charging through the market with buying power stronger than a herd of actual bulls. And Bear Power indicator as a deterrent against pesky bears trying to bring down your profits.
What the US debt ceiling crisis could mean for the US dollar?
America's dominance in the global economy is facing significant challenges due to self-inflicted policy wounds. A critical impasse surrounding the debt ceiling has brought the spotlight back to the dollar’s unparalleled position in international trade and finance.
What the US debt ceiling crisis could mean for the US dollar?
America's dominance in the global economy is facing significant challenges due to self-inflicted policy wounds. A critical impasse surrounding the debt ceiling has brought the spotlight back to the dollar’s unparalleled position in international trade and finance.