Best Forex Investment During Recession Tips You Should Know
The key takeaway we can share with you is during a recession, most investors should avoid investing in highly leveraged, cyclical, or speculative companies.
Let's Try Digital Forex Trading to Get a New Experience
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.
Mohicans markets：MHM European Market
On Thursday, January 19, spot gold shock slightly up during the Asian session and is currently trading near $1909.20 per ounce.
Mohicans markets：MHM Today News
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
WCG Markets:2023-01-19
Mohicans markets：MHM European Market
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.
Mohicans markets：MHM Today News
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.
Secrets on Fibonacci Trading that You Should Know
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.
Three markets to watch this week (2023)
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.
Markets await BoJ meeting and more shocks
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.
01/18 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-01-18
WCG Markets:2023-01-18
GBP/USD Drifting: The British Pound Is Drifting
The British pound has drifted lower over the last several sessions, that looks set to continue although liquidity will be an issue. It keeps drifting for a third day straight. In the European session, GBP/USD is trading at 1.2161, down 0.09%. We could see stronger volatility from the pound before the weekend, with the release of the US inflation report and UK GDP on Friday, both of which are market movers.
Knowing the Best Time to Trade that Will be Profitable
For traders or business users, time is money. Thus they will not waste the time because the best time is a chance. the time to trade is a chance to get profit.
Mohicans markets：MHM European Market
Spot gold oscillated slightly lower during the Asian session on Tuesday, January 17, and is currently trading near $1,910 per ounce. The U.S. dollar has rebounded steadily from near seven-and-a-half-month lows, putting pressure on gold prices to pull back; as the previous session's K-line recorded a Doji, you need to beware of short-term topping risks if this session records a medium or long negative line.
Avoid Forex Trading Loss With This Way
Someone who joins this business does not know enough about price and profit. It is because that will happen the next time.
Mohicans markets：MHM Today News
On Monday, January 16, U.S. stocks and bonds were closed for a day for Martin Luther King Day. Trading in CME's precious metals and U.S. crude oil futures contracts ended early at 03:30 on the 17th.
01/17 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Top Technical Indicators Used in Forex Trading
Technical indicators are an essential tool in forex trading, as they help traders understand the market forces and anticipate price movements in order to decide whether to buy or sell. These indicators play a vital role in forex technical analysis.
How to Calculate Forex Trading Costs: Spread, Commission and Swap
What are the costs of trading forex? Is there a fee involved? Well! The answer is both Yes and No. You can open a Forex account for free. However, opening a new trade and the initial deposit requirements may differ from broker to broker. Getting started in Forex trading necessitates familiarizing yourself with Forex trading costs. Read on the following to know the potential Forex trading costs and learn how to trade most cost-effectively.