Mohicans markets：MHM Today News
On Wednesday, the spot gold started to rise in the Asian session, reaching the intraday high of 1886.53 US dollars, but it gave up all the gains and turned down in the US session, and finally closed up 0.07% to 1875.46 US dollars/ounce; Spot silver once stood at the $24 mark in the day, and then fell with the fall of gold, finally closing down 0.78% at $23.75/ounce. The copper price has exceeded US $9000/ton for the first time since June last year.
WCG Markets:2023年01月12日黄金市况分析
WCG Markets:2023年01月12日黄金市况分析
GEMFOREX Numbers Outlook – November 2022
performance, growth, summary, estimation
Avoid Bankruptcy in Forex Trading with this Way
Some traders will get bankrupt because of some factors that will make them lose money, thus traders should know how to avoid bankruptcy in forex trading.
Mohicans markets：MHM Today News
On Tuesday, spot gold continued to fluctuate and was held back by the 1880 dollar mark, and finally closed up 0.31% at 1877.47 dollars/ounce; Spot silver remained in a narrow range and ended down 0.09% at US $23.61/ounce.
WCG Markets:2023-01-11
WCG Markets:2023-01-11
USDCHF price analysis for 10.01.2023
Today 10th of January, the USD/CHF pair is trading in the range of Chf0.9195-0.9230 - about the 10-month low of Chf0.9165 reached yesterday.
Oil revert recovery moves as China-led optimism fades, markets await key central bankers
Subsequent to an upbeat start to the key week, the risk profile fades optimism as the Chine-inspired risk-on mood fails to get many takers while the Fed policymakers push back against dovish bias. Additionally weighing on the risk profile could be the cautious mood ahead of multiple central bankers’ panel discussion at the Riksbank event.
Market news – Week 2, January 2023
Sequel to missing their annual Santa Claus run in 2022 and starting the New Year in the red, US stocks registered significant gains this week to snap out of their 4-week bear run.
How to Use the ADX Indicator in Forex Trading
Detecting a strong directional move is one of the essential skills every trader needs to master. Regardless of your strategy, finding a strong trend after you enter a position is essential. Created by legendary trader ‘Welles Wilder’ in 1978, the Average Directional Index (ADX) is a technical indicator widely used to identify strong trends and their direction. This article explains why ADX Indicator is so popular with traders at all levels in detail.
Mohicans markets：MHM European Market
On Tuesday, January 10, the international gold price remained stable. Before the Fed Chairman Powell delivered a speech, investors were cautious, and they would learn about the track of the Fed's interest rate increase. The gold price is 1890 dollars in the short term.
Mohicans markets：MHM Today News
On Monday, spot gold fluctuated and broke the 1880 dollar mark for a time, and finally closed up 0.32% at 1871.62 dollars/ounce; Spot silver took back all the gains and turned down in the European market, and finally closed down 1.47% at $23.66/ounce. In addition, the MSCI emerging market index entered a technical bull market.
NZD/USD PRICE ANALYSIS: BEARS ARE LURKING IN CRITICAL RESISTANCE AREA
NZD/USD is higher by some 0.5% on the day so far and headed for a bullish close to starting the week. However, breakout traders chasing the move could find themselves in trouble as per the following technical analysis. NZD/JPY is testing the limits of the support and resistance channel on the hourly chart as follows:
CHFJPY sees potential bottom and short-term reversal
The JPY had seen some renewed strength after the Bank of Japan finally intervened late in 2022 to widen its target band on its 10-year band to -0.5-0.5% from -0.25-0.25%. This was seen as an overall positive catalyst for the currency and a sign that the Bank may be ready to increase rates.
AUDUSD Breaks Higher as Inflation Rises
Monetary policy is a major cause of the increase in inflation, says Stanford economist John Taylor. The Australian Dollar catapulted to a 5-month high above 0.6900 on 9th Jan on the back of the US Dollar being crunched. The ‘big dollar’ is down against all the major currencies.
GEMFOREX - weekly analysis
The week ahead: Top 5 things to watch
Mohicans markets：MHM European Market
On Monday (January 9) in Asia, spot gold rose in shock, hitting an eight month high of 1879.36 US dollars/ounce. Due to the poor performance of the US economic data last week, the Federal Reserve in the market will narrow the interest rate increase in January, and the yield of US bonds fell to a low level in nearly two weeks.
Some Reasons Why Forex Traders Fail Because of It
Many traders ever make a mistake when running this trading, so they must know about forex trader's fail. It will happen for traders but they do not realize it.
Mohicans markets：MHM Today News
On Friday, boosted by the slowly cooling non-agricultural employment data and the US ISM non manufacturing PMI in December, which was much less than expected, spot gold rose more than $30 in the US session, and finally ended up 1.77% at $1865.71 per ounce; Spot silver rose along with gold, and finally ended up 2.57% at $23.81/oz.
Weekly News 2023/01/02-2023/01/06
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex