CHANGES IN THE TRADING SCHEDULE ON JANUARY 16
FreshForex is a broker offering forex through several account types and the MT4 platform. In line with the upcoming celebration of Martin Luther King Day in the United States on January 16, this broker too has informed it's clients that there will be changes in the schedule of trading sessions.
How to Use Commodity Channel Index (CCI) Indicator in Forex Trading
The Commodity Channel Index (CCI) is a popular technical indicator used by traders in various markets, including forex, for detecting overbought or oversold conditions. Introduced by Donald Lambert in 1980, the Commodity Channel Index (CCI) Indicator allows traders to enter or exit a trade right before a trend begins. If you’re wondering what Commodity Channel Index (CCI) is and how it helps you trade better, this article will help you out!
Recognize How Forex Works to Make You Rich
The forex business is profitable but a lot of people don't know how it works profitably.
Mohicans markets：MHM European Market
On Friday, 13 Jan. Asian period, spot gold shocked and slightly fell, trading around at $1893/ounce. Although the overnight data showed that US inflation increased slowly, the market increased the expectation that the Fed decreased the rate hikes.
01/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Trader Personal Information: Why Brokers Need to Know that?
Those of you joining a broker for the first time will ask why they asked for trader personal information. But it's not for a wrong cause. For many reasons, brokers also need to require you to fill in personal data before trading.
New York Times business news - Jan 13
Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media, and finance can all be found at this media site.
GBP remains balanced. Overview for 12.01.2023
Yesterday the GBP/USD traded higher and closed the day in the positive territory around $1.2210. Today it was trading in a narrow range of $1.2190-30, staying close to a 4-week high. On the hourly chart, the GBP/USD is still trading above the MA (200) H1 moving average line ($1.2080).
Europe set for a positive start ahead of UK data
Based on Yesterday’s US CPI report for December, while positive for the narrative that inflation is falling back sharply, as well as reinforcing the belief that the Fed will implement another downshift in the pace of their rate hiking cycle to 25bps, also presents the FOMC with a problem.
Mohicans markets：MHM Today News
On Thursday, stimulated by the slowly cooling CPI data, the spot gold plummeted nearly $14 in the short term, and then rebounded rapidly, breaking the 1900 barrier for the first time since May last year.
WCG Markets:2023-01-13
WCG Markets:2023-01-13
GEMFOREX Numbers Outlook – Year-End 2022 (DEC)
The end of December marks the end of the year 2022 and it has turned out a great year for GemForex
Mohicans markets：MHM European Market
On Thursday (January 12), in the Asian session, the spot gold rose in volatile. The current trade price is around $1883.80 /ounce, approaching the new seven-month high of $1886.50 /ounce hit overnight. The market expects that the US CPI data will show a slowdown in the growth of inflation, and the US dollar is weak at the low level in the past seven months, providing support for the gold price.
JPY: a step back. Overview for 11.01.2023
The Japanese Yen is little changed against the greenback so far this week despite the broader DXY (USD) index making a seven-month low on Monday. The Japanese yen has somewhat retreated against the US dollar, the current quote being 132.14.
Stock Trading: How do policy decisions impact the stock market?
Over the last few months, the Federal Reserve has played an increasingly significant role in affecting the global economy and stock market. Unless you’re a new investor, you’ve likely heard the news: “The Fed hiked interest rates by 75 bps. Chairman Powell holds a hawkish stance towards future rate hikes.” Your portfolio has probably suffered, with growth stocks and long-term treasuries losing significant value in 2022.
FTSE 100 gets another retail boost
At the close, the FTSE 100 came off its highs but still saw a 0.4% gain to close at 7,725 points. The focus now turns to tomorrow's US inflation figures.
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. This article explains how to use a Fibonacci Retracement Indicator to increase your trading profits!
A Week in the Market: a Lot of Statistics (9-13 January)
The US consumer price index for December will be published this week, and there is a chance that the inflation rate has fallen from 7.1% to 6.5% year-on-year. While this is not the most important inflation report for the Fed, it is vital for capital markets.
Who Controls Forex to Make Sure It Works for Traders
Traders must watch its movement until become profitable, and traders must know who controls forex because its movement is always unpredictable.
01/12 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】