GBPUSD crash, fears from Russia propel risk-aversion, US dollar
Cable’s slump to the all-time low joined the fears emanating from Russia’s warning to use nuclear weapons, if needed, to begin the trading week on a negative note. The risk-aversion also took clues from PBOC and BOJ updates, as well as the latest round of hawkish Fedspeak and firmer US data.
Traders’ Mindset to Avoid in Order to Success
The mindset that is also dangerous is that traders always feel that their capital is limited. Many losers feel that they can be more successful if they can trade with more capital.
Mohicans markets ：0928 European Point of View
Wednesday, September 28, during the Asia-Europe session, this trading day will focus on the initial monthly rate of durable goods orders in the United States in August, and the annualized total sales of new homes in the United States after seasonal adjustment in August. Pay attention to the speeches of officials such as Chicago Fed President Evans and St. Louis Fed President Bullard, and pay attention to news related to the geopolitical situation.
09/28 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：Interest Rate Fears Weaken Risk Preference
At 20:35, the 2024 FOMC voting committee and Atlanta Fed President Bostic will participate in a Q&A at an event.
Australia stocks lower at close of trade; S&P/ASX 200 down 1.60%
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from global markets on Friday, as traders remain concerned the aggressive monetary tightening by global central banks to combat elevated inflation will push the global economy into a recession, rendering the mood in the markets extremely bearish. Asian markets closed mostly lower on Friday.
Japan stocks lower at close of trade; Nikkei 225 down 2.66%
The Nikkei 225 Index sank 2.66% to 26,431 while the broader Topix Index slumped 2.71% to 1,864 on Monday, closing at their lowest levels in over two months and taking cues from a negative lead on Wall Street, as risk assets remain under pressure from heightened inflationary pressures, rising interest rates and global recession fears. At the close in Tokyo, the Nikkei 225 declined 2.66% to hit a new 1-month low.
German Business Morale Falls by More than Expected in September - Ifo
The data from German Ifo institute showed that business sentiment fell further in September, warning that the economy is heading into recession.
Trading On Forex News Releases, An Important Skill for Traders
Related to trading news, the first thing you should know is what is the expected release that week.
MHMarkets：Gold Bulls Bet on a Rebound, Crude Oil Spot Price Long and Short Competition
On Monday, September 27, during the Asian session and the Asia-Europe session, spot gold fluctuated and dropped, extending the decline of last Friday, reaching a minimum of $1,626.60 per ounce, the lowest since April 7, 2020.
MHMarkets:Pay Attention to the Speeches of Fed Officials
☆At 15:30, the 2023 FOMC voting committee and Chicago Fed President Evans was interviewed by CNBC. Investors will need to be on the lookout for this hawkish call after three Fed officials have said they need to keep raising interest rates and slow the economy "moderately".
Take Profit in Trading and It’s Function
Take profit is actually the highest price limit or the profits that will be gotten by the foreign exchange traders in this case.
GemForex - weekly analysis
A Rat Race to the bottom in the rescue of the Dollar
GemForex | Numbers Outlook – August 2022
performance, growth, summary, estimation
Mohicans markets ：Under the Monetary Tightening, the Non-US Market is Sluggish
On Monday, September 26, during the Asian session, the US dollar's gains slowed down, and geopolitical tensions and global recession fears attracted safe-haven buying. After the Fed raised interest rates, bargain-hunting buying has increased, and the price of gold is sticking above the 1655 support, and it is expected to usher in some short-term rebound opportunities.
Volume Indicator of Forex that The Most Ideal
The right decision is not the result of a trader's vision. Traders should consider many things before make decission. That is why traders should know how to use an indicator.
Mohicans markets：Theo dõi Sự phát triển của Ngân hàng Trung ương Châu Âu
Vào ngày 23/9, thứ Sáu, theo giờ Bắc Kinh, vàng giao ngay giảm mạnh sau khi tăng lên mức cao 1.675,8 USD trong phiên giao dịch châu Á, và từng phá mốc 1.640 USD, mức thấp mới kể từ tháng 4/2020, và cuối cùng đóng cửa giảm 1,62% ở mức 1.643,94 USD / ounce ; Bạc giao ngay giảm xuống dưới mốc 19 USD và cuối cùng đóng cửa giảm 3,88% ở mức 18,87 USD / ounce.
Weekly News 2022/09/19-2022/09/23
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
09/26 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：Follow the Developments of the European Central Bank
On September 23, Friday, Beijing time, spot gold fell sharply after rising to a high of $1,675.8 in the Asian session, and once broke the $1,640 mark, a new low since April 2020, and it finally closed down 1.62% at $1,643.94 per ounce; Spot silver fell below the $19 mark and finally closed down 3.88% at $18.87 an ounce.