The Trend is Your Friend: Forex Trendlines


Being able to draw trendlines is just one of many technical approaches to trading financial markets. Learn why technical analysis can be of assistance to traders. If you are just starting out on your ...

Reason to Invest in Online Stock Trading


One of the investment options available online for beginners is Forex Trading. Why? I'll tell you why? Forex Market is a very huge industry & welcomes all whether you're an amateur or an ...

Forex Trading: AUDJPY Is Trending Downwards, and This May Continue


AUDJPY is currently consolidating at $79 level. Increase in the Bulls' momentum will increase the AUDJPY price to $82. Rising channel pattern formation confirmed on the 4-hour chart. On the long ...

Forex Today: Aussie slips on poor Australian data; a busy NFP day ahead


Meanwhile, the US dollar extended its upside consolidation phase against its major peers, leaving most majors wavering in a tight trading range. Amongst the Asia-pac currencies, the Aussie witnessed ...

Deutsche Boerse's Trading Volumes Edge Lower in April 2019


Trading in Deutsche Boerse's Xetra electronic order book ... Specifically, 360T, the foreign exchange (forex) subsidiary of Deutsche Börse, managed to achieve net revenue of €21.4 million during the ...

10 Trading Mistakes to Avoid in Forex Trading


Please fill out this field. I'd like to receive information from DailyFX and IG about trading opportunities and their products and services via email. But don't just read our analysis - put it to the ...

Why Using Leverage is Popular in Forex Trading


While the word leverage is commonly used, few investors know the definition of leverage and how it is incorporated into their profits and losses. Leverage is a double-edged sword and while it can ...

FOREX-Dollar gains as traders pare U.S. rate-cut expectations


Trading volume picked up as some European markets reopened after closing for May Day on Wednesday. Chinese and Japanese markets will remain shut for domestic holidays the rest of the week. The ...

Forex Trading vs. Equities, Commodities and More


FX or Forex trading is one of the engines of global financial and economic systems. The decision by the United States in 1971 to allow the Dollar to float freely rather than be pegged to the value of ...

Forex Today: Dollar maintains a better bid tone post FOMC ahead of nonfarm payrolls, WTI bulls capitulate


The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not ...

Forex Trading: AUDUSD Is Trending Downwards, and This May Continue


The bearish engulfing candle formed on April 18 and this declined the price towards the low of $0.711. In case the Bears break down the $0.711 demand level, it will target $0.706 demand level.

Read full article on forex trading

Comments

Post a Comment

Popular posts from this blog

Mugenda: How I landed into forex trading

Image
Mr. Paul Mugenda, a forex trader based in Nairobi (PHOTO: Courtesy) The need to cope with the rising living standards has led many Kenyans into different creative ways of making an extra coin to take ... Canadian regulator summons RBC, TD Bank over forex malpractice charges Both banks failed to sufficiently supervise and control their forex trading businesses from 2011 to 2013, the province says in its statements of allegations. Furthermore, certain compliance ... Forex Daily Recap – 38.2% Fibo Level Stopped the Ninja Bulls amid G7 Summit On the economic calendar, the German IFO data releases grabbed market attention in the Asian trading session. Nonetheless, the IFO data reported adverse data, allowing the bears to take control over ... Indispensable Forex Trading Application Launches For Investors, Seeks Marketing Partners With FxTrendSignals, international investors can instantly track market prices in real-time by set price alarms, viewing economic calendars, and monito...
Read more

FOREX-Dollar holds steady on reduced bets on steep U.S. rate cut

Image
In late U.S. trading, the dollar was up 0.57% at 107.790 yen , while the euro was 0.58% higher at 122.585 yen . The greenback was little changed against the euro at $1.1372. The dollar index edged ... How To Structure A Trading Business For Significant Tax Savings If you actively trade securities, futures, forex or crypto, consider setting up a trading business to maximize tax benefits. With a sole proprietorship, a trader eligible for trader tax status (TTS) ... FOREX-Dollar inches higher after Fed checks aggressive easing views The scaling down in expectations for large rate cuts from the Fed also knocked gold prices by more than 1%, putting the precious metal on course for its first decline in seven trading sessions. The ... INTL FCStone Ltd Launches FX Trading App on Integral Platform the British subsidiary of INTL FCStone Inc., to launch a forex trading app built on the Integral platform. By partnering with Integral, the FCA-authorised firm is able to expand its mobile...
Read more

China's August Forex Reserves Rise to $3.1072 Trillion

Image
It is currently trading at 11-1/2 year lows. China allowed the yuan to break through the closely watched 7-per-dollar level on Aug.5 for the first time since the global financial crisis, days after ... FOREX-China stimulus boosts Aussie, kiwi; markets await U.S. jobs data The Chinese currency in the offshore market extended gains and was trading up 0.4% against the greenback at 7.1120 yuan. The Australian dollar - its fortunes closely intertwined with the Chinese ... FOREX-Dollar dips on mixed U.S. jobs data, Powell hints at rate cuts "The jobs data were sufficiently mixed," said Marc Chandler,chief market strategist at Bannockburn Global Forex LLC in NewYork ... senior marketanalyst at OANDA in New York. In late U.S. trading, an ... Forex Today: Will Non-Farm Payrolls and Powell keep markets happy? the shared currency. GBP/USD is trading around 1.2300 as opposition parties vow to prevent a no-deal Brexit before agreeing to elections. The House of Lords is set to ...
Read more