02/06 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
GEMFOREX Numbers Outlook – January 2023
January has ended and the first month of 2023 is now behind us.
02/03 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
A Brief Guidance for Forex Ambitious Beginners
As a beginner, you have taken your first steps toward learning the basics of FX trade.
Mohicans markets：MHM European Market
During the Asian session on Friday, February 3, US crude oil fell slightly, and is currently trading at around US $75.75/barrel. The EIA crude oil inventory increased for the sixth consecutive week, and the US dollar index rebounded sharply on Thursday, putting pressure on oil prices. However, the market expects more signals of a strong recovery in China's fuel demand to offset the upcoming demand decline in other major economies.
Mohicans markets：MHM Today News
On Thursday, February 2, markets were again dovish in interpreting ECB and BOE decisions. The dollar index rebounded and closed up 0.56% at 101.74. The decline of the euro and the pound accelerated, the euro fell below the 1.10 mark against the dollar, and the pound fell more than 1% against the dollar.
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WCG Markets:2023-02-03
WCG Markets:2023-02-03
How to Use Momentum Indicator in Forex Trading
Forex Trading can be a wild ride, with dramatic ups and downs that would make a rollercoaster jealous. But fear not, because we have the trusty Momentum Indicator by our side. Think of it as your personal hype man, hyping you up every time the market starts moving in your favor. It’s like having a tiny cheerleader in your chart, shouting “You got this! Keep going!” So put on your trading shoes and get ready to ride the wave of market momentum with the one and only Momentum Indicator
How to Use Awesome Oscillator in Forex Trading
The Forex Awesome Oscillator, or AO for short, is a technical indicator with a fascinating history and an exciting potential for helping traders make more informed decisions in the foreign exchange market. Don’t be fooled by its silly name, this technical indicator is the Bruce Lee of Forex trading, packing a punch of accuracy and awesomeness in every signal. So, sit back, relax, and get ready to navigate the complex world of forex trading with confidence!
Some Facts of Forex Trading that You Should Know
A lot of traders want to join this business because of some benefits that they will get, so traders should know about some facts of forex trading among rumors.
Mohicans markets：MHM European Market
On Thursday (February 2), during the Asian session, the spot gold fluctuated at a high level, is trading near 1953 US dollars per ounce at present. Fed Chairman Powell made a slightly dovish speech, which made the US dollar continue to weaken and provided support for the gold price. The market's attention turned to the NFP report to be released on Friday. The market expectation is neutral and weak, slightly biased towards gold bulls.
Mohicans markets：MHM Today News
On Wednesday (February 1), influenced by the market dovish interpretation of the Fed's resolution, the US dollar index fell below 102, reaching 101, closing down 0.92% at 101.15. Non-U.S. currencies generally rose, and the euro/dollar once broke the 1.10 mark.
WCG Markets:2023-02-02
WCG Markets:2023-02-02
US OPENING BELLUS OPENING BELL 01-02-2023
EUROPEAN SHARES REMAIN FLAT AHEAD OF THE KEY FED MEETING; EUROZONE INFLATION SLOWS MORE THAN EXPECTED WHILE THE USD AND VIX REMAIN AT PERIOD LOWS.
How to Avoidbecoming disappointed in trading so that not to leave the market before the first profit
It says given up on your desired dreams doesn’t make you succeed. Many great dreams were made possible because someone refused to give up. A Cuban-American abstract, minimalist painter Carmen Herrera is one of those people. She didn’t sell any paintings at age 30, and even at age 80. After almost nine decades of painting, she was discovered at the age of 89 and sold her art for a good paycheck at the age of 102.
Afternoon Briefing 1 February 2023
Let's take you through the market briefing for 1st day of February 2023
Advantages Of Having the Best Forex Trading Brokerage
Having the best Forex trading brokerage is the right decision. If you are looking for a great way to invest your hard-earned money in your business
USD/JPY Price Analysis: Bullish harami looms, with bulls targeting 131.50
USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131. After a round of US economic data, suggesting the US Federal Reserve (Fed) could begin to hike rates in 25 bps sizes. Therefore, the Japanese Yen (JPY) strengthened, so the USD/JPY is down 0.24%. At the time of writing, the USD/JPY is trading at 129.92.
U.S. stocks higher at close of trade
Stocks rose Friday and capped off a winning week fueled by better-than-expected economic growth and a pop in Tesla shares.