GBP/AUD TRADES ABOVE A PRIOR DOWNSIDE RESISTANCE LINE
GBP/AUD traded lower on Wednesday, after it hit resistance near 1.8423. On Tuesday, the rate emerged above the downside resistance line drawn from the high of September 20th, and although it pulled back today, it stayed above that line. That said, we are reluctant to call for a bullish reversal yet. We prefer to wait for a break above 1.8423, marked by the high of November 3rd. Thus, for now, we will stay neutral.
VT Markets opens a new office in Malaysia
1 October 2021, SYDNEY AUSTRALIA – VT Markets, one of the leading Forex and CFD brokers in Europe and Asia, today announce that their new office in Kuala Lumpur is now opened, to better meet the increasing needs from Malaysian clients and affiliates.
WHAT WILL MOVE THE MARKET ON NOVEMBER 15-19?
After an extremely volatile week in the markets, traders await the next steps of the USD and stocks. What drivers will move the assets next week? Lets’ find out!
The Top 5 Profit Taking Strategies in Forex Trading
The profit taking strategy is an extremely important factor in the trading process. You make money only when you close the position and earn your profit. Most traders don’t know when to exit trades properly. They either take profits either too early or too late. Ignoring the importance of a profit taking strategy subjects traders to magnified losses.
November is shopping season: How to invest in retail stocks this month
Time to get those wallets ready, because we’re about to go shopping. Whether you enjoy brushing shoulders with others at the store or prefer the comfort of your own couch, you will probably find yourself doing at least some shopping this November. Here’s what to expect from this e-commerce month, and how investors can look for potential stocks to invest in during this time.
Why Forex Leverage is Highly Valuable For Beginners?
Forex leverage, or trading with borrowed money, is one of the main attractions of the forex market. In forex trading, you get much higher leverage than in stock trading. With leverage, you only need an initial margin or a small capital in your account to open large positions. The forex leverage of 100:1 is common in the foreign exchange market, which means that you can trade a value of $100 for every $1 in your account. In other words, with a leverage ratio of 1:100, you can trade 100 times the
5 points to look out for when choosing a forex broker
One of the most important things to do before you start your forex trading journey is choosing a Forex broker to trade with. So, here's a guide that we have put together so that you know how to make the right choice!
Important Notification – November Bank Holidays
XM Broker, Through its various brands, offers traders a total of 1,230 CFDs across multiple asset classes, including forex, along with 100 exchange-traded securities (non-CFDs). The following table summarizes the different investment products available to XM Group clients.
Fundamental Analysis: Complete Guide to Professional Forex Analysis
Fundamental analysis is the process of analyzing the fundamental factors affecting financial markets in order to predict the future price. Forex fundamental analysis tackles the overall state of the economy and examines various fundamental factors including interest rates, employment rate, GDP, international trade, and manufacturing, to evaluate their relative impact on the value of the national currency.
The Beginner's Guide to Forex Technical Analysis
Forex technical analysis is the process of assessing the market conditions and choosing whether to buy or sell a specific currency pair. Analysis in the forex market is commonly divided into two main categories; Technical and Fundamental analysis.
TMGM BECOMES THE OFFICIAL ONLINE TRADING PLATFORM OF THE AFF SUZUKI CUP 2020
TMGM BECOMES THE OFFICIAL ONLINE TRADING PLATFORM OF THE AFF SUZUKI CUP 2020 Leading CFD Online Trading Platform, TMGM, signs another major sports partnership with AFF Suzuki Cup 2020, following the success of early 2021’s Australian Open sponsorship. Sydney, 8 November 2021 - TMGM proudly announced that it is the Official Online Trading Platform of the AFF Suzuki Cup 2020, a biennial football competition organised by the ASEAN Football Federation (AFF). TMGM aims to increase their market share
TMGM BECOMES THE OFFICIAL ONLINE TRADING PLATFORM OF THE AFF SUZUKI CUP 2020
TMGM BECOMES THE OFFICIAL ONLINE TRADING PLATFORM OF THE AFF SUZUKI CUP 2020 Leading CFD Online Trading Platform, TMGM, signs another major sports partnership with AFF Suzuki Cup 2020, following the success of early 2021’s Australian Open sponsorship. Sydney, 8 November 2021 - TMGM proudly announced that it is the Official Online Trading Platform of the AFF Suzuki Cup 2020, a biennial football competition organised by the ASEAN Football Federation (AFF). TMGM aims to increase their market share
What is the Right Amount Required to Start Forex Trading?
How much money do I need to start forex trading? It is a frequently asked question by forex beginners. The forex market is the most accessible market in the world, and it fits different trading abilities. With an initial capital as low as $50, or less, anyone can easily start forex trading.
Up to 100.000 USD Insurance Coverage for Jordan Clients
Admirals investment firms operating under the Admirals trademark, are leading online trading service providers, offering investment services for trading with Forex and CFDs on indices, metals, energies, stocks, bonds and digital currencies.
Trading Psychology: Why it is Important in Money Making?
Trading psychology is an essential factor in money making. Actually, it is no less important for creating a successful trader than trading knowledge and experience. The trading psychology refers to the mindset of any trader that guides the decision making.
easyMarkets Launches a New easyTrade Feature - ‘Payout Target’
easyMarkets is delighted to announce the launch of a brand new easyTrade feature – Payout Target.
#S-IBM Stock CFDs - Trading Suspended
Due to corporate events related to the shares of International Business Machines Corporation, CFD trading on #S-IBM shares will be temporarily suspended from 4th Nov., 2021. All open positions for #S-IBM will be closed at the market closing price on 03/11/2021. In the future, trading will be allowed.
Stop Loss and Take Profit Explained
Stop loss and take profit are two essential trading orders used to control profits and losses in a forex trade. Both orders are designed to decide how much you are willing to risk or make from each trade. This may seem pretty easy at first, but knowing how to apply for each order correctly according to preset risk management rules is what differentiates successful forex traders from the crowd.
Candlestick Patterns Every Forex Trader Should Know
Candlestick patterns are popular charting tools that reflect price data helping to predict future price movements. They are a type of Forex Charts, a visual representation of a currency pair’s price over a set period of time. Candlestick patterns are essential in forex technical analysis to anticipate the next price move.
CFD Trading: What are CFDs and How to Trade them?
CFD stands for contract for difference, a popular financial instrument. A contract for difference is a contract between an investor and investment intermediate to exchange the price differences of an asset. CFD trading is an essential element in every investor’s portfolio. However, some traders find it difficult to fully understand the real benefits of CFD trading.