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.
What is a meme stock?
A meme stock refers to the shares of a company that have gained a cult-like following online and through social media platforms. It also an equity that experiences a sudden surge in popularity after retail interest in it burgeons overnight, owing to related memes that go viral on social media and discussion platforms such as Reddit.
US: August CPI to show consumers received further relief – Wells Fargo
On Tuesday, key inflation data is due in the US. The August CPI print will be watched closely by market participants ahead of the next FOMC meeting to be held September 20-21. According to analysts at Wells Fargo, the CPI will show a decline of 0.2% in August, on the back of a further plunge in gasoline prices.
Shopify gains a sign of things to come?
Shopify is an all-in-one commerce platform that makes it easy to launch your dream business and start selling to your customers, wherever they are.
Realistic goal for a Forex Trader
Goals are an important part of achieving success in anything, forex trading included. However, goals can be tricky because people usually set them too high, out of the realm of what’s realistically achievable in an acceptable amount of time.
RBA sticks to the script but is not on a pre-set path
The RBA hiked by 50 bps as expected on Tuesday this week to 2.35 but stated that it is not on a pre-set path. The RBA is trying to balance the timing of an economy that it sees slowing at some point in the future. The key focus remains for the RBA on household spending and it is uncertain about how that will react to the combination of higher interest rates and the highest inflation Australia has seen since the 1990s.
NZD/USD aims for gains over 0.6090 on weaker-than-anticipated Chinese inflation figures
NZD/USD refreshes daily high, inches back closer to mid-0.6100s amid weaker USD. NZD/USD catches fresh bids on Monday amid the prevalent USD selling bias.
WIKIFX REPORT: NY Fed: 1-year consumer inflation expectations fall to 10-month low of 5.75%
U.S. consumers' inflation expectations slid further in August as gasoline prices extended their steep decline from June's record high, a development likely to be welcomed by Federal Reserve policymakers weighing how big an interest rate hike to deliver next week.
WIKIFX REPORT: JPY hits 20-year low
The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the gap widens between Japan’s ultraloose monetary policy and Fed tightening in the United States.
WIKIFX REPORT: How to read forex trading charts
A chart, or more specifically, a price chart, happens to be the first tool that every trader using technical analysis needs to learn. Charts are the main tools for technical analysis. Charts are using to plot a sequence of prices and price movements of an asset on certain of duration.