In forex trading, understanding and managing risk is paramount to success. One powerful tool that traders have is the "stop loss order."
In the fast-paced world of financial markets, finding a reliable and transparent broker is the key to a successful trading journey.
Gold prices started a downside correction from the $2,010 zone. • A major declining channel is forming with resistance near $1,945 on the 4-hour chart. • Crude oil prices are attempting a recovery wave from the $75.00 zone.
In the realm of forex trading, leverage emerges as a potent instrument that bestows an array of advantages upon brokers immersed in this ever-evolving market.
Out of thousands of brokers existing in the forex market, finding the legit one has always been a difficult task.
Forex brokers are vital participants in enabling seamless trading operations within the foreign exchange market.
In forex trading, understanding and managing risk is paramount to success. One powerful tool that traders have is the "stop loss order."
Forex leverage provides traders with the ability to manage larger positions using a smaller capital investment.
Many forex traders often find themselves questioning whether online brokers have the ability to manipulate prices in the forex market.
When it comes to speculating on currency markets, two popular methods stand out: Spot forex trading and spread betting.
Forex trading involves the exchange of currencies from different countries and regions, making it one of the largest financial markets in the world, with a daily trading volume exceeding $5 trillion.
The variation in prices for the same currency pair among different brokers can often cause confusion, particularly for novice forex traders.
Discover the art of scalping with 11 vital indicators in our comprehensive guide. Learn how to make quick, consistent profits by capitalizing on small market fluctuations. Explore the pros and cons, gain insights into top indicators like Moving Averages, RSI, and Bollinger Bands, and understand the crucial factors for successful scalping. If you're ready for a fast-paced, high-intensity trading strategy, this is your roadmap to potential success in the world of scalping.
This preview of weekly data looks at EURUSD and XAUUSD, where economic data coming up later this week are the main drivers in the markets for the near-term outlook. The most important economic data for this week are
The combination of deteriorating economic conditions and the specter of a global war saw gold and silver prices jump the most since the banking crisis on Friday
The US Dollar Index (DXY), reflecting the US dollar’s value against a basket of foreign currencies, has recently faced a bearish streak, settling near its lowest point during the Asian trading session on Thursday. Despite this decline, it has retained some of its gains for the week, reaching an almost 11-month high earlier this week. Traders are eagerly awaiting signals regarding the Federal Reserve’s upcoming policy decisions.
The Australian dollar is rapidly depreciating against the US dollar on Tuesday. The current AUDUSD exchange rate stands at 0.6324.
The surplus in the global nickel market is expected to widen to 239,000 metric tons in 2024 from 223,000 tons this year, the International Nickel Study Group (INSG) said on Tuesday, signalling further pressure on the metal.
Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a Brazilian partner after they found "irregularities" in the acquisition of disputed land where the U.S. company plans to build a massive river port in the Amazon rainforest.
Brent oil prices initially opened higher on Monday and have continued to rise as investors strategically position themselves following the recent violent attack carried out by Hamas in Israel over the weekend.