13.01.2022
Top 8 Forex Trading Strategies and their Pros and Cons
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admin
If you are looking for a lucrative investment, there are a few strategies that will suit your needs. The most common of these is day trading. It is a relatively new trading style that focuses on making a profit for a day or two. Because of this, there are a lot of trading opportunities and […]
Gold Price Forecast: Can Gold Stage a Major Breakout?
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admin
The new Democrat president has boosted risk appetite, pushing stock markets to record highs. The prospect of further stimulus from the Fed is also appealing to investors. Moreover, the central bank has indicated it will hold interest rates near zero for some time, but the future remains uncertain. Consequently, gold has traditionally been a safe […]
29.11.2021
Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach
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admin
The summer doldrums typically last from late June to mid-October. While the entire U.S. stock market is weak during this time, stocks have historically outperformed during this period. Health Care and precious metals stocks have historically outperformed during this time period. This week, the Fed Chairman Jerome Powell is scheduled to appear before Congress. If […]
Gold Prices May Fall as US PCE Data Stokes Fed Rate Hike Bets
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admin
After a weak showing in the June FOMC meeting, gold is now in the midst of a bear market as investors struggle to find direction. The recent increase in the U.S. dollar has helped fuel the price of the yellow metal. But now the Fed is signaling an upshift in the rate-hike timeline, weighing heavily […]
Oil Price Trades in Monthly Opening Range as Ida Hits US Crude Data
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admin
After the US oil industry’s recent recovery, the price of oil is expected to remain in the monthly opening range for the rest of the month. Despite the mixed data, the U.S. government reported Wednesday that US crude inventories contracted 1.529 million barrels in the week ended September 17. This is the first decline since […]
10.11.2021
Trading Earnings Season: 3 Steps for Using Earnings Reports
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admin
Trading earnings season is fast approaching. If you haven’t already joined, now is the time to get started. There are so many new traders who jump in without really knowing what they are doing. They think that trading Forex is easy but they don’t know how to generate reliable earnings and therefore they don’t make […]
02.11.2021
What Does a Forex Spread Tell Traders?
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admin
The forex spread is an essential part of the currency trading market. It is one of the more important indicators of the price of a particular currency pair. If you want to trade forex, you need to have a good grasp of the forex spread. This indicator tells traders which way a currency price is […]
25.10.2021
Bitcoins All-Time High Sparks Life Into The Alt-Coin Market
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admin
The last few weeks have seen a meteoric rise in the value of Bitcoins. More people are jumping on board, and the daily transaction volume has quadrupled. So how does this feel? I personally like to keep my investments in cash and not turn them into commodities. But when it comes to an investment in […]
17.10.2021
New Zealand Dollar Forecast: NZD/USD Outlook Confined by Defined Range
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admin
If you’re fond of technical analysis, you probably know that the NZD/USD is sensitive to changes in the US economy and the European Central Bank. The NZD/USD forecasts the continuation of the current global economic slowdown. Economic activity around the globe has been slow for the past two years. While there are signs of economic […]
09.10.2021
Crude Oil Price Pullback, Putin to the Rescue
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admin
The recent crude oil price pullback has sent shock waves all over the world. The consequences of such a move are expected to affect the economies of many nations. The sudden and sharp fall in crude oil prices has made many wonder whether this is the beginning of the end for the use of fossil […]