The U.S. Dollar moved near a seven-week high on Tuesday, capitalizing on a sell-off in the Euro. The day before, the single currency fell after bans imposed to fight the coronavirus reduced consumer spending in Germany. The squeezing of short positions on the U.S. Dollar also played a role since their number was too large. […]
Dollar bears start weakening! Read More »
Oil prices are rising after a weak start. However, scattered coronavirus vaccine deployments, new infections, and the discovery of new strains of the virus are casting a shadow over demand prospects.Brent crude oil futures rose 1% to $ 55.57 a barrel, while WTI crude oil futures rose 0.8% to $ 52.61. Both the instruments rose
Surge in oil prices could be short-lived Read More »
At the initial stage of trading, many traders ask a relevant question; which day is best for trading forex? Given that the market is operating and awaiting our actions for 24 hours, five days a week. A different currency pair behaves differently at the same time in forex trading. So, when is it better to
Which Day is the best for Trading Forex? Read More »
Have you ever come across the term “forex margin trading”? Before getting acquainted with the principles of forex margin trading, we want to start in order and analyze all the components of this term. So, let’s start with the margin. What is the margin? This is the difference that exists between the selling price and
Principles of Forex Margin Trading: The Complete Guide Read More »
The liquidity of currencies is the ability to quickly exchange them for other currencies. Liquidity is one of the reasons why the forex market so popular among traders. But how liquidity can affect forex trading and how it is different from volatility? In this guide, we are going to answer these questions in detail. Signs
What is Liquidity and how it differs from Volatility? Read More »
DOM or depth of the market is the number of buy and sell orders for a currency pair at different prices. It provides an indication of liquidity and depth for a currency pair in the forex market. DOM is also synonymous with the order book as it shows pending orders for the currency prices. The
What is DOM Trading in Forex? Read More »
The second wave of coronavirus in the US is rising apprehensions among investors. NFP report can either serene or jolt the markets. There are chances of gains for the gold in the third straight week. Gold has stirred its top position by 1.3% in the week. Impact of Coronavirus on Precious Metals: The global demand
Gold to continue gains in the next week Read More »
The second wave of coronavirus in the US is rising apprehensions among investors. NFP report can either serene or jolt the markets. Release of National Data may not push Aussie from Range: Next week is filled with the data in Australia and investors are evaluating how much this virus is dangerous for the economy. The
Risk events in the week ahead Read More »
Managing your capital is one of the most important skills in the forex market. To get the full return on your invested funds, you need to manage your capital with moderate risks. How to do it? There is no clear answer, but there are many different methods that can help you. One of the most
The Hype around Martingale Trading Strategy Read More »
Kansas City Federal Reserve Bank President Esther George said on Thursday that there are more chances of COVID-19 to spread out in the U.S. and this is challenging for the U.S. economy unless scientists develop a vaccine. The full recovery of the economy from COVID-19 is still at distance. Lockdowns were legislated to handle the
Corona virus impacting the upcoming NFP Read More »
