Best Gold Trading Tips For Beginners
Best Gold Trading Tips For Beginners If you’re just starting out, gold trading can be both exciting and a way to make money. Gold has been seen as a safe choice to invest in for a really long time, attracting people who want to invest their money safely. If you’re new to trading gold, here […]
The Impact of Social Media on Trading
The Impact of Social Media on Trading Social media has revolutionized how we communicate, share ideas, and consume information. It has also impacted forex trading in significant ways, making it easier than ever before to access all the tools necessary to trade successfully. In this blog, we will discuss how social media has influenced forex […]
The Difference Between Spread & CFD Trading
The Difference Between Spread & CFD Trading Forex trading presents traders with two main methods: spread trading and contract for difference (CFD) trading. When it comes to selecting the CFD Trading Platform for your trading journey, it is essential to understand these approaches in detail. In this article, we will delve into the intricacies of […]
7 Powerful Bearish Candlestick Patterns
7 Powerful Bearish Candlestick Patterns Candlestick patterns play a crucial role in interpreting the market’s mood and predicting potential trend reversals. Savvy traders, especially those using one of the best ECN brokers like XtreamForex, know how to leverage these patterns for their gain. In particular, bearish candlestick patterns can signal an impending downtrend, providing an […]
How to Make a Cryptocurrency Trading Plan
How to Make a Cryptocurrency Trading Plan If you’re considering venturing into the world of cryptocurrency trading, having a well-structured plan is paramount. Similarly to trading traditional Forex products, navigating cryptocurrencies requires a strategic and disciplined approach. Therefore, in this article, we’ll guide you through the essential steps of crafting a robust cryptocurrency trading plan. […]
5 Ways of Trading Which Make Profits
5 Ways of Trading Which Make Profits In today’s fast-paced financial markets, profitable trading is undeniably a combination of skill, strategy, and utilizing the right tools. Whether you’re just starting out as a novice or you’re an experienced trader, understanding and implementing effective trading strategies is key to your success. To illustrate this, this article […]
How to Finally Start Making Money Forex Trading
How to Finally Start Making Money Forex Trading Foreign exchange (Forex) trading has become a popular way for people worldwide to potentially increase their income. This form of online trading involves the buying and selling of currencies on an open market, with the goal of making a profit from fluctuations in their value. However, like […]
Best 5 Things You’ll Learn Becoming a Successful Trader
Best 5 Things You’ll Learn Becoming a Successful Trader The exciting world of Forex trading offers tremendous opportunities for monetary success and personal growth. The quest to become a successful trader is indeed challenging, but with the right mindset, strategies, and tools, one can master the market complexities. This blog will delve into five crucial […]
UAE claims it has no spare capacity, oil prices jump by 1%
UAE claims it has no spare capacity, oil prices jump by 1% The energy minister of the United Arab Emirates stated that the country is producing near capacity, defying expectations that this could assist boost supply in a tight market. As a result, oil prices increased by nearly 1% in early Asian trade on Tuesday. […]
After stock rebound week, stock futures are marginally higher
After stock rebound week, stock futures are marginally higher Following a significant recovery last week from this year’s sharp declines, U.S. stock futures increased marginally on Monday morning. Wall Street is getting ready to close out the worst first half for equities in decades despite the rebound. Futures for the Dow Jones Industrial Average increased […]
Prior to the European open, gold and silver are trading lower
Prior to the European open, gold and silver are trading lower Gold prices have retraced ahead of the European open after a strong day on Thursday (-0.62%). It has a similar effect as silver (-0.28%), albeit to a smaller amount. Copper is trading flat in the rest of the commodities complex, but spot WTI is […]
XAU/USD is at a crossroads, and US inflation is the key
XAU/USD is at a crossroads, and US inflation is the key Gold Price found strong bids just below $1,842 and mounted a nice return to close a stormy Thursday with minor losses at $1,848. The shiny metal remained turbulent, but stayed within its usual price range of $1,850. Financial markets were dominated by risk-off flows. […]
XAU/USD closes in to the golden ratio of 61.8 percent
XAU/USD closes into the golden ratio of 61.8 percent In Asia, the price is attempting to break below the 50% mean reversion line, exposing the 61.8 percent Fibo target of $1,850 once more. Following a move into the 50 percent mean reversion level of the hourly bullish impulse highlighted in earlier trading, the gold price […]
US jobs report indicates more rate hikes are on the way, gold prices are rising
US jobs report indicates more rate hikes are on the way, gold prices are rising Even as the US jobs report suggested additional interest rate hikes this year, gold was up in Asia on Monday morning, putting pressure on non-yielding bullion. By 10:26 p.m. ET, gold futures were up 0.32 percent to $1856.20. (2:26 AM […]
Dollar falls, Gold prices rise in range-bound trade
Dollar falls, Gold prices rise in range-bound trade Gold prices rose in turbulent trading on Monday, bolstered by a weaker dollar, which boosted greenback-priced metal, though gains were limited as some investors shifted to riskier Asian assets. As of 0152 GMT, spot gold was up 0.2 percent at $1,856.86 per ounce. Gold futures in the […]
On the back of the Fed Minutes, sellers of XAU/USD are targeting $1,848
On the back of the Fed Minutes, sellers of XAU/USD are targeting $1,848 During Wednesday’s Asian session, the gold price (XAU/USD) posts its first daily loss in five days, dropping to an intraday low of roughly $1,860. The recent weakness of the metal could be linked to the US dollar’s recovery from a monthly low […]
Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5%.
Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5% US equities fell on Thursday, giving back gains made on Wall Street the day before, as traders continued to mull over the Federal Reserve’s latest monetary policy decision. The S&P 500, Dow, and NASDAQ all fell precipitously. Tech stocks underperformed, […]
Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3%
Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3% Wall Street’s main indexes fell on Monday, giving up early gains in tragic trade, as investors became more cautious ahead of this week’s Federal Reserve meeting, when officials are largely anticipated to hike interest rates. In addition to the weakening in […]