Mohicans markets：Gold Bulls are Still Strong Despite Resistance at 1800, and Crude Supply Improvement Depends on Inflation
On Monday, August 15, spot gold in the Asian session fell below the pivot point of 1791.41, and if it breaks below 1786.94, it may further open up the downside. Spot silver fell to the first support of 20.51. WTI crude oil was under pressure below the pivot point of 92.37 and fell downwards Test the first support at 90.44. The US dollar index is approaching the 106 mark, and the first upward target is 106.17.
WIKIFX REPORT: Commodities Trading: Benefits of trading commodities with AximTrade
Commodities are essentially bought and sold in large quantities through exchanges in the same way that stocks and shares are traded. There are four large commodity exchanges in the world, including, London Metal Exchange (LME), the Chicago Mercantile Exchange (CME), the New York Mercantile Exchange (NYMEX), and the Intercontinental Exchange (ICE) in Europe.
WIKIFX REPORT: Alfa Romeo F1 team secures AximTrade partnership
The financial services provider specialises in Forex and CFD trading.
WIKIFX REPORT: LiteFinance Opens New Regional Representative Office in Singapore
LiteFinance (previously LiteForex), a retail forex and CFDs broker, has expanded its presence in Asia with the opening of a new regional representative office in Singapore.
WIKIFX REPORT: LiteFinance – Over 16 Years On The Market
LiteFinance is a high-tech reliable ECN broker with a strong reputation. Our clients can exploit a safe user-friendly online platform for high-speed trading available in 15 global languages and providing access to a great deal of in-built tools for price chart analysis. The fans of the most popular trading platform MetaTrader 4/5 can use it as well.
WIKIFX REPORT: DUKASCOPY EXPANDS CRYPTO CFD SUITE WITH 405 NEW STOCKS
Switzerland’s forex bank and broker, Dukascopy has just expanded its offering to include 405 new stock CFDs such as Harley-Davidson, Spotify, Dell, Puma and others from US, UK, Germany, France, Switzerland, Netherlands and Spain.
WIKIFX REPORT: TOPFX PROMOTES OMAR AL-JANABI TO HEAD OF SALES AND BUSINESS DEVELOPMENT
Prime brokerage firm TopFX has strengthened its Middle East operations with the promotion of Omar Al-Janabi, who is taking on an expanded role as global head of sales and business development.
WIKIFX REPORT: Vantage FX App announces market-leading features to improve stock and CFD trading
Boasting with an all-in-one experience Vantage FX App offers a streamlined trading experience for both novice and professional traders.
WIKIFX REPORT: VANTAGE LAUNCHES SOCIAL TRADING PLATFORM, V SOCIAL
FX and CFD broker Vantage has announced the launch of a professional ‘social network’ that allows traders to auto-copy signals, execute trades, chat and analyze performance.
WIKIFX REPORT: Three Arrested as Samtrade FX Suspends Operations
Singapore’s authorities have come down hard on broker Samtrade FX with all trading services being suspended and three so far unnamed people with links to the firm arrested. The Monetary Authority of Singapore (MAS) and Singapore Police acted after the broker’s name appeared on the Investor Alert List that the regulator operates. The investigation, which started on 28th December, has already taken positive action.
Mohicans markets：The Dollar Fretted Over Inflation Data and Fed Officials' Remarks Oil Hurt As U.S. Gulf of Mexico Supply Disruption Eases
On Friday, August 12, spot gold rose by about $18 after hitting a low of $1,784.79 and broke through the $1,800 mark, finally closing up 0.69% at $1,802.40 per ounce, and spot silver closed up 2.53% to $20.82 an ounce. The U.S. dollar index expanded its gains in European trading, but fell slightly after rising to a daily high of 105.90, and finally closed up 0.51% at 105.67. The 10-year U.S. bond yield hit a high of 2.906% and pared some of its gains to 2.842% .
Week Ahead – Top 3 Market Events Date: August 15th – August 19th
Last week, the markets were buoyed by the US Consumer Price Index report which showed inflation slowing to 8.5% in July, down from 9.1%. Comments from the Federal Reserve made it very clear that they were not claiming any sort of victory against inflation, and that the targets remain way off, so the debate began on if this was an overreaction.
Don’t Ignore Forex Indicator Alerts To Get a Right Analysis
In the technology era like nowadays, all business fields use sophisticated technology. As well as in the forex business. All traders should update about technology in the forex business.
What Is a Hybrid Market?
A hybrid market is an exchange where traders may conduct deals using both automated trading tools and conventional floor brokers. The New York Stock Exchange is the most well-known example of a hybrid market in the United States (NYSE).
Mohicans markets：Expectations of Fed Rate Hike Temporarily Slow High Temperature in Europe Stimulates Crude oil Demand
On Wednesday, August 10, spot gold hovered around the pivot point of 1790.45 in the Asian session. If it can stay above this level, it will confirm bullishness. The first upward target is 1797.61. Spot silver fell as it approached the first resistance at 20.49. Watch the resistance at 95.53 near the current price of WTI crude oil. The US dollar index is running above the pivot point, with the first resistance concerned at 105.38.
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Risk of Losing Money When Participating in FVP Trade
Continue with the story how FVP trade has lured participants into their trap.
Learning about the Speculative Sentiment Index in Forex
The report given by this SSI is related to the whole trading position which is happened in the market. You can say that the information like this is always needed by the forex traders.
Mohicans markets ：Fed Rate Hike Expectations Ease Sterling May Usher in A Political Storm
On Thursday, August 11, spot gold approached the 1800 mark, but failed to break above it, and then adjusted downward, and finally closed down 0.12% at $1,789.54 per ounce. Spot silver fluctuated downward and finally closed down 1.38% , at $20.31 per ounce. In terms of two oils, WTI crude oil rose 3% during the day, but failed to break above the $95 mark, and finally closed up 2.73% at $94.07 per barrel. Brent crude oil closed up 2.24% at $99.25 per barrel.
WIKIFX REPORT: TP Global FX Broker Taps Belfrics International to Trade Crypto Derivatives
TP Global Limited, a Mauritius regulated award-winning, new-age Foreign Exchange (FX) brokerage firm, announced on Friday that it has selected Belfrics International to enable it to offer crypto derivatives and blockchain solutions to its customers.