WCG Markets:2023-03-23
WCG Markets:2023-03-23
03/22 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：MHM Today News
Although the market is now betting on a 25 basis point spike in the probability of a rate hike, coupled with a sharp pickup in U.S. home sales in February from a year earlier, the market's risk appetite rose as bank stocks stabilized further. The dollar index fell below the 103 handle at one point and closed down 0.11% at 103.23.
5 Reasons Why 'Cash Is King' During a Recession
Increasing chatter about a possible global recession in 2023 might force traders to reconsider their trading strategies accordingly. While the financial markets react differently during economic downturns, in rough waters, people often turn to ‘cash’ as a safe haven. This lends more significance to the saying that “Cash is King” during a recession.
Trading Routine: Why Trading Isn’t a 9-to-5 Job
The 40-hour workweek ensures regular pay regardless of how well one performs. A trading routine, however, does not fit with a traditional job description. Unless you make enough winning trades, you won’t make any money. A trader can work a solid 40 hours and still see no results. Yet, that doesn’t mean you won’t get rewarded. Getting out of the 9-5 mindset is the key to success, and here's why!
WCG Markets:2023-03-22
WCG Markets:2023-03-22
Mohicans markets：MHM European Market
On Tuesday (March 21), during the Asian session, spot gold narrowly oscillated, and is currently trading near $1981.38 per ounce. Near the Federal Reserve interest rate resolution, the market wait-and-see sentiment is strong, the overall trading is relatively light. Although the short-term risk aversion has fallen, gold prices are still supported by the low buying. Because of the turmoil in the banking industry in Europe and the United States, the market has fallen on the Fed's terminal interest
Mohicans markets：MHM Today News
Although the market still expects the Fed will probably raise interest rates by 25 basis points on Thursday, but yesterday UBS picked up the acquisition of Credit Suisse, coupled with the Fed joint liquidity operations of the five major central banks to stop the spread of the crisis after the market risk aversion has receded, the dollar index closed down 0.48% at 103.31.
Ultimate Guide on Forex Trend Analysis and Trend Trading Strategy
Did you ever ponder how certain forex traders seem to have a mystical ability to forecast the movement of currency pairs? However, it’s not supernatural or fortuitous. It’s the efficacy of trend analysis and trend trading. Forex traders often favor trend analysis and trend trading because it can offer a distinct direction for trades, potentially leading to significant gains. If you grasp these robust tools, you can enhance your success in forex trading!
Top Forex Day Trading Tips and Strategies
As one of the largest and most liquid financial markets in the world, forex offers tremendous opportunities for savvy traders looking to make profits in a single day. However, succeeding in forex day trading requires a solid understanding of the market, a sound trading plan, and the ability to manage risk effectively. In this article, you’ll discover the top forex day trading tips and strategies that are proven to help you excel as a forex day trader!
03/21 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
UK Economy to Avoid Recession While Shrink 0.2% This Year
The UK economy is set to contract this year yet avoid a technical recession due to the changing global developments and support measures taken by the government, Chancellor Jeremy Hunt said in his budget speech on Wednesday.
TYPE OF FOREX BROKERS
Forex brokers are an essential component of successful trading. They provide you with the trading platforms and tools required to trade the markets and usually are the first ones to reach out to in times of trouble.
WCG Markets:2023-03-21
WCG Markets:2023-03-21
TRADING MISTAKES TO AVOID
The goal of this article is to create awareness regarding some of the most common options trading mistakes in order to help options traders make more informed decisions.
SCALPING YOUR WAY TO A SUCCESSFUL FOREX SCORE
Scalping, when used in reference to trading in securities, commodities and foreign exchange, may refer to either a legitimate method of arbitrage of small price gaps created by the bid–ask spread, or a fraudulent form of market manipulation.
GBP/USD. Analysis for the trading week of March 13–17 (COT report)
When trading GBPUSD, the British pound is called the base currency and the US dollar is called the terms currency. The quote of the currency pair shows the number of US dollars needed to buy one British pound.
Analyzing Tesla’s Stock: History, Performance and Future Prospects
Tesla is the most highly valued automaker in the world while being only around the 20th largest by volume. Founded in 2003 by American entrepreneurs Martin Eberhard and Marc Tarpenning and named after Serbian American inventor Nikola Tesla, Tesla, Inc. is one of the most familiar car brands in the world.
GEMFOREX - weekly analysis
The week ahead: 5 things to watch.
Mohicans markets：MHM European Market
On Monday (March 20), spot gold bottomed out during the Asian session after falling to near $1,968.12 per ounce. Because of technical adjustment needs and the weekend the Federal Reserve and the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank and the Swiss Central Bank joint coordinated action to enhance market liquidity, UBS agreed to buy Credit Suisse, once the risk aversion cooled. But this optimism quickly faded, buying on the low to help gold prices to reve