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Dec 7, 20 •
1893 Views •
Market Commentaries •
saed shalabi
Comments Off on Goldman Sachs’ analyst predicts a further 6% fall for USD during 2021
During recent FXCC market commentaries and updates, we’ve discussed the significant collapse USD has experienced versus its peers. In recent weeks EUR/USD has reach highs not seen since May 2018, while in a correlated sell-off USD/CHF has slumped to levels...
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Dec 4, 20 •
2332 Views •
Is The Trend Still Your Friend •
saed shalabi
Comments Off on WEEKLY MARKET SNAPSHOT 7/12 – 11/12| THE COLLAPSE OF USD DURING THE PANDEMIC IS A STORY THAT NEEDS MORE EXPOSURE
Several factors dominated the trading week ending December 4. Covid and the optimism of vaccines, Brexit, the dying embers of the Trump administration, and stimulus discussions by central banks and governments. These are ongoing macroeconomic issues that will...
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Dec 4, 20 •
2255 Views •
Morning Roll Call •
saed shalabi
Comments Off on US equity indices trade near record highs as dollar slump continues
The US equity index the SPX 500 reached a record high of 3,678 before giving back some gains during Thursday’s trading sessions. The prediction of more Fed monetary stimulus, combined with optimism improving over the imminent Democratic administration under...
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Dec 3, 20 •
1906 Views •
Forex Trading Articles •
saed shalabi
Comments Off on What is technical analysis, and why should you use it when trading FX?
In forex trading, technical analysis is a method of research-analysis, to predict the direction of the price through the study of past market data; mainly price and volume. The efficient-market hypothesis dismisses the efficacy and efficiency of technical...
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Dec 3, 20 •
1634 Views •
Forex Trading Articles •
saed shalabi
Comments Off on As the price of BTC (Bitcoin) reaches record highs, analysts consider where it’s heading next?
“This time it’s different” is a phrase many analysts and traders use when they’re discussing market movements. Many of us watched BTC print record highs back in October 2017 and scratched our collective heads as to the reasons why. The hysteria was...
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Dec 3, 20 •
2339 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Why independent trading platforms like MT4 are the go-to choice of many traders
One of the first challenges novice traders face is a significant decision; “what trading platform should I choose?” This decision can alter the course of your trading and can determine many outcomes. It can also colour and prejudice your initial...
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Dec 3, 20 •
2229 Views •
Morning Roll Call •
saed shalabi
Comments Off on Euro makes gains as covid vaccine progress improves sentiment across the continent
The euro recorded steady gains versus the majority of its peers during Wednesday’s trading sessions after the U.K. govt announced it would be the first European nation to distribute the Pfizer Covid vaccine to a selected cohort of its most at-risk...
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Dec 2, 20 •
2017 Views •
Forex Trading Articles •
saed shalabi
Comments Off on What is ECN trading, and why is it the access to FX many traders insist on using?
Our world of forex trading is full of anacronyms, initials, jargon and slang. Understanding many of the concepts behind the terminology is essential wherever you are on your trader development path. ECN trading began pre-internet, in 1990 in the USA. But it...
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Dec 2, 20 •
2383 Views •
Morning Roll Call •
saed shalabi
Comments Off on GBP/USD reaches a thirty-month high after Irish P.M. makes a positive outcome on the Brexit negotiations.
GBP currency pairs initially traded in tight ranges during Tuesday’s early trading sessions as investors and traders begin to position themselves with the Brexit deadline in sight. The UK will exit the EU on December 31st. Many analysts are either pricing...
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Apr 22, 19 •
2473 Views •
Market Commentaries •
saed shalabi
Comments Off on WTI oil rises as USA threatens sanctions versus Iran’s importers
Several FX and equity markets remained closed on Monday, during the extended Easter bank holiday weekend; Australia, Hong Kong and many of the major countries in Europe, were/are closed during Monday for the Easter holiday. Currency trading will continue...