Best Forex Trading Strategies for Beginners for Sure Success
Do charts, indicators, and intricate strategies overwhelm you as a forex trader who is just starting off? Most beginners do. In fact, plenty of traders lose out in the market not because it is hard but just because they start without a strategy or a plan. The good news? You don’t need complicated formulas or […]
Gold slips as risk appetite caps gains despite dovish Fed outlook and soft USD demand
Gold (XAU/USD) comes under renewed selling pressure for a second consecutive day, dropping to a more than one-week low near the $4,858 region ahead of Tuesday’s European session. The metal later rebounds toward $4,900 as traders hold back from aggressive positions and wait for clearer signals about the US Federal Reserve’s rate-cut outlook. Market attention […]
EUR/USD stays weak below the mid-1.1800s, but losses may be limited
The EUR/USD pair faces selling pressure for a second straight day on Tuesday, trading below the mid-1.1800 region during the quiet Asian session. Even so, the overall fundamentals suggest traders should be cautious about expecting a deeper decline. The US Dollar Index (DXY), which measures the US Dollar against major currencies, holds on to its […]