02/16 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-02-16
WCG Markets:2023-02-16
Forex Risk Reward Ratio: How much to risk when trading Forex?
It should be apparent at this point that losses are an inescapable aspect of forex trading. Regardless of your experience level or profitability, there will inevitably be times when the market’s erratic fluctuations work against you. Yet, you might wonder what makes successful traders take only manageable risks. Essentially, factoring in your targets and keeping an eye on the Risk Reward Ratio (RRR) typically pays off!
Best Habits of Professional Traders that Beginners can Follow
Professional traders usually have great mindset and habits. Here are some of those attitudes where you can follow too.
How Global Events Affect the Forex Market
Stay ahead with our latest analysis on how world events impact the Forex market. Read now for unique insights geared to help you make better trading decisions.
Mohicans markets：MHM European Market
Although the year-on-year growth rate of CPI in the United States in January hit a new low in nearly a year and a half, the month-on-month growth rate reached a new high, hitting that the inflation prospect in the United States is severe. The market generally raised the expectation of the Federal Reserve's terminal interest rate and the time when it will maintain a high interest rate level in the future, which made the pressure on the gold price obvious.
Mohicans markets：MHM Today News
On Tuesday, under the influence of more stubborn inflation than expected, spot gold fluctuated significantly in the US market. After the short-term bottom, it jumped more than $20, and once touched the 1870 level, but then fell again, and once fell below the 1850 level, and finally closed up 0.04% to 1854.36/ounce; Spot silver once stood at the $22 level, but failed to stand here, and finally closed down 0.62% at $21.85/ounce.
USD/CAD sticks to modest gains around mid-1.3400s, eyes US CPI for fresh impetus
USD/CAD gains some positive traction on Tuesday, though lacks bullish conviction. The USD/CAD pair attracts some buyers near the 1.3330 area on Tuesday and sticks to its modest intraday gains through the early part of the European session. The pair is currently placed near the daily top, around mid-1.3300s and for now, seems to have snapped a two-day losing streak to over a one-week low touched on Monday.
USD/CLP market view
The exchange rate of dollar (USD) to Chilean peso (CLP) increased steeply in recent days, as a consequence of the strong dollar.
NATURAL INTEREST IN ARTIFICIAL INTELLIGENCE
It is the intelligence created by nature, natural evolutionary mechanisms, as biological intelligence embodied as the brain, animal and human and any hypothetical alien intelligence.
DAX 40 & DOW JONES: weekly analysis 13th – 17th February
The week ended in the red on European and US markets, with fears of continued monetary tightening by the Fed spooking investors. These days saw many more quarterly reports, which caused some fluctuations in the major indices.
5 stocks you should add to your watchlist now
The best chance of outlasting a bear market is by investing in quality businesses at attractive valuations. Stocks started this year on a positive note in hopes that cooling inflation may allow the Fed to take it easier on rates. However, markets still face a lot of headwinds like rising interest rates and an impending recession. This article would explore 5 stocks you should add to your watchlist now.
02/15 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Forex Breakout Trading Strategy: Ultimate Guide
Have you ever felt like you’re stuck in a rut in the Forex market, waiting for something to break you out of your trading funk? Well, fear not dear trader, there’s an ultimate solution to your trading woes: breakout trading strategy! This strategy allows traders to profit from sudden and sharp movements by detecting key levels of support and resistance. Let’s dive deeper into the Breakout strategy and explore how it works.
Hitting Exhibition| MHMarkets National Tour Summit in Xinjiang was Successfully Held, Shared the Financial Event
On February 11, 2023, MHMarkets kicked off the 2023 National Tour Summit, with its first stop in Urumqi, Xinjiang. Everyone released their dusty passions after the epidemic and signed up to enjoy this long-awaited trading feast.
Mohicans markets：MHM European Market
On Tuesday, February 14, the spot gold rose slightly in the Asian period. The current trading price is US $1858.96/ounce. The US dollar index and US bond yield continued the overnight decline, providing support for the gold price. However, the overall market trading is still cautious before the US January CPI data is released in the evening.
News Trading Strategy Secret and Reality to Understand
One thing that every trader needs to be aware of is the element of market uncertainty. No matter how you have prepared the system, there is still the possibility of loss because conditions do not match expectations.
Mohicans markets：MHM Today News
On Monday, the spot gold reached the daily high of 1866.43 US dollars before the European market and took back all its gains, and fell to the low of 1850 US dollars at one time, and finally closed down 0.65% at 1853.57 US dollars/ounce; Spot silver still fluctuated in a narrow range around the US $22 threshold, and ended down 0.1% at US $21.99/ounce.
02/14 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
XAUUSD: Elliott wave analysis and forecast for 10.02.23 – 17.02.23
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology. The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend.