Let's Know the Price Line in Forex Deeply
The Forex Price changes easily which is making traders difficult, and traders must know the price line in forex. Even more for you who want to make the right analysis.
Mohicans markets：MHM European Market
On Friday, February 10, international gold prices continued to move lower and hit a new low since Jan. 6 to $1,852.61 per ounce. The dollar tried to benefit from the Fed's hawkish comments as investors remained wary of the Fed's upcoming rate hike. Investors also expect that the Fed will eventually raise interest rates to more than 5%.
Mohicans markets：MHM Today News
Data released on Thursday night showed that the number of U.S. jobless claims had risen, but it was still less than 200,000, which was then interpreted as a major sign of the recovery of the labor market. Coupled with the "hawk" of the Federal Reserve Barkin and the alarm released by the bond market, there was a huge earthquake in the market last night. The US dollar index once fell below the 103 mark during the day, and then continued to rise and closed down to 0.21% at 103.23.
Siemens closes in on all-time high after guidance upgrade
Siemens (ETR:SIEGn) stock soared on Thursday, closing in on an all-time high after a strong start to its fiscal year highlighted the benefits of a profound corporate restructuring over the last decade.
NZD/USD Fails to Push Back Above 50-Day SMA
The NZD/USD pair has dropped sharply below 0.6320 as the China’s National Bureau of Statistics (NBS) has reported lower-than-anticipated Consumer Price Index (CPI) (Jan) data. The annual inflation data has landed at 2.1% lower than the consensus of 2.2% but higher than the prior release of 1.8%.
European Daily Market Review
European stocks closed higher on Thursday as the mood remained positive thanks to some encouraging earnings updates and expectations of a milder-than-expected recession. European markets added some side, as most traders and investors weighed up the economic outlook.
Daily summary: Wall Street indices wipe out early gains
We are able to observe how the European stock market was one of success in today’s session. The main indices from the Old Continent surged upwards shortly after the start of trading and ended the day on a positive note despite a pullback in the second half of the day. The DAX set new local peaks and gained more than 0.7 per cent.
Crypto market forecasting with indicators
Cryptocurrency trading has gained a lot of traction in the past few years and has forged a niche of its own. Most investors hold Bitcoin and stake cryptocurrencies for long periods, hoping to see their investments grow without too much fuss. However, an increasing number of investors spend time and resources trying to make a living out of crypto trading.
02/10 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Wall Street gains as investors digest Powell comments
U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, U.S., February 1.
STILL BELIEVE IN FOREX TRADING IS GAMBLING? READ THIS
For some people, trading financial instruments is a great way to make money, while others believe that trading currency pairs is gambling.
Market Spotlight: BP Outlines Strategy Shift Following Record profits
Another big oil company, another set of record earnings. This time it's the London- listed BP, as the oil giant has seen its shares rise three and three quarter percent out of the gate this morning as a result of the news that's come through where the company has said that profits have doubled to a record $27.7 billion lifted by a surge in energy prices seen since the Russian invasion of Ukraine in the fourth quarter.
JPY is retreating. Overview for 07.02.2023
The Japanese Yen slipped lower today despite December CPI data hitting forecasts of 4% year-on-year for both the headline and core measures. The current quote is 132.13.
Japanese Candlesticks Analysis 07.02.2023 (XAUUSD, NZDUSD и GBPUSD)
Japanese Candlesticks are a technical analysis tool that traders use to chart and analyze the price movement of securities. To read Japanese candlestick patterns, you'll need to familiarise yourself with three elements on each candle: its colour, its body and its wick. Let's take a look at the Japanese Candlesticks Analysis;
Knowing Oversold in Forex Carefully Before Trading
Fewer traders know the strategy to run it, whereas it is important to get success so traders must know the oversold in forex. It is because traders can dominate a forex market.
Mohicans markets：MHM European Market
On Thursday, February 9, international gold prices moved higher for the fourth consecutive session as the U.S. dollar index softened again; however, the outlook for gold prices remained cloudy as several Fed officials indicated the need for further rate hikes to curb inflation, although there was no hint that the Fed would return to a more aggressive monetary policy stance.
Mohicans markets：MHM Today News
Although a number of Fed officials, including the "new king of the hawks" Kashkari, have made tougher speeches, they were not as fierce as Powell's speech before, and the trend of the dollar index was relatively mild. By the end of the day, the dollar index was only up 0.18% at 103.5. U.S. bond yields turned up at the beginning of the U.S. session, but thanks to strong 10-year U.S. bond bids, U.S. bond yields turned down.
Exhibition Preview | MHMarkets Will Appear in Xinjiang Offline Course Lectures to the Market and Interpret the Trading
On February 11, 2023, the largest trading technology summit in China will be officially held at the Urumqi, Xinjiang. At that time, MHMarkets, the world’s leading Forex and CFD broker, will make a surprise appearance at this Trading Technology Summit.
02/08 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Recognize Bullish in Forex to Get Profit from Trading
Traders must know that pattern from indicators is showing a profitable condition, so they must know about bullish in forex. It is important to know to make the right decision.