Share This: Forex V/S Stocks – Which One Should I Choose? Forex or Stocks Forex or Stocks – which one should I choose? It is a common question that often arises in the minds of most of the newbies in the stock market and money market. Forex which stands for foreign exchange has earned a huge popularity… Read More »
Meta Trader 4 Forex Trading Software: Meta Trader 4 is user friendly forex trading software. It serves the purpose for traders, investors and daily spinners in the same way. Meta Trader is abbreviated as MT4. The software has been designed by Metaquotes. It is one of the most renowned forex trading platforms. Being connected to the internet, you… Read More »
Share This: Dollar index slips from a 14 years high and push the precious metal price higher -fx trading There has been a massive chaos in the energy sector from the very beginning of the year 2016.To be precise this whole year was full of major economic and political events. And according to the opinion of professional traders… Read More »
Share This: How the professional traders will trade the year 2017 -trading CFDs The year 2016 has given many trading opportunities to the traders even through trading was extremely difficult. The forex market suffered from an extreme level of uncertainty in the global market due to the pending interest rate hike decision by the FED.There dollar gained its… Read More »
The UK will start settlements to leave the European Union almost 7 months after voting to leave the bloc in a remarkable referendum. No nation has actually ever voted to stop the EU, numerous financiers …
The judgment stated the British federal government needs to initially get parliamentary approval prior to starting the official Brexit procedure. When it comes to Brexit, numerous remaining concerns stay. Will the UK maintain tariff-free access to the Single Market, and how will Brexit effect monetary organizations’ passporting rights? British equities have actually fared enormously well in the wake of the Brexit vote, as the Bank of England (BOE) has actually taken preventive actions to hold up against the financial blowback. Pound sterling might have yet to discover its bottom, as financiers prepare for unstable Brexit settlements in the near future.
Britain’s choice to leave the European Union on June 23 surprised the international monetary markets, set off prevalent worries about the future of pan-European combination. Advancements because that eventful night have actually led lots of observers to conclude that Brexit …
One month later on, Britain’s High Court tossed a wrench in May’s strategy by ruling that Brexit can not in fact occur without parliamentary assent. At the really least, the High Court judgment recommends Brexit might be postponed numerous years as MPs weigh the pros and cons of leaving the single market. There are a number of other factors why Brexit may not really take place. If the Brexit concern goes to Parliament, we might be looking at lots of more years prior to the divorce really occurs. (6) The BOE has actually suggested its desire to reduce financial policy even more ought to Brexit headwinds show more powerful than formerly pictured.
Share This: The price zone between 1.3845 and 1.3550 (historical bottoms set in January 2009) was considered a significant demand zone to be watched for bullish recovery. However, by the end of June a significant bearish break below 1.3550 was expressed as seen on the depicted charts (fundamental reasons). Bearish persistence below the demand level at 1.3550 enhanced… Read More »
Share This: In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 where historical bottoms were previously set in July 2012 and June 2010. Hence, a long-term bearish target was projected towards 0.9450. In March 2015, the EUR/USD bears challenged the next monthly demand level around 1.0570, which had been previously reached in August… Read More »
Share This: Recently, EUR/NZD has been moving sideways at the price of 1.5020. Using the market profile in the 30M time frame, I found yesterday’s point of control at the price of 1.5125. Besides, I found a trading range between the price of 1.4997 (support) and the price of 1.5056. Watch for a breakout to confirm a further… Read More »
Share This: GBP/JPY found the support at 124.80 and started to rise. The pair managed to break above the descending channel and currently is trading above both 50 and 200 Moving Averages. This means that GBP/JPY is either going to continue correcting up or could change the direction of the trend from down to up. At the same… Read More »