August 2023

Dollar Strengthens as China’s Trade Data Disappoints

The US dollar gained ground on Tuesday as traders weighed the contrasting economic outlooks for the world’s two largest economies. China’s trade data for July showed a sharp decline in both imports and exports, indicating a weak recovery from the pandemic. Meanwhile, the US economy appeared to be more resilient, despite the Fed’s aggressive rate

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Forex Roundup: Dollar Rules Despite the Slides

Dollar Holds Steady as Traders Await Inflation Data from US and China

The dollar was little changed on Monday after a mixed US employment report failed to spark any significant market reaction. Traders shifted their focus to the upcoming inflation data from the US and China, which could provide some clues on the economic outlook and the monetary policy stance of the two largest economies. US Jobs

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What are the Advantages of Technical Analysis in Trading

Tips for Trading with Technical Analysis for the Beginners

Technical analysis is a method of forecasting how prices and trading will move based on those forecasts. It examines past price data, the volume of trades, and market movement to forecast how the market will behave. There are numerous applications for technical analysis. Some traders use it as their primary form of market analysis. But

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Which are the most Common Scalping Indicator Strategies to follow?

How is Scalping Different from Other Strategies?

The term “scalping” may be familiar for you if you’re a trader. Scalping is the practice of extracting profits from very little price or market activity fluctuations, after a trade has been executed successfully. One must have a strategy for knowing when to exit this form of day trading. Before you scalp, here’s what you

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