Tue, May 21, 2024

Charts

Wibest – Yen Exchange Rate: Japanese yen coins. (USD/JPY)

USD/JPY Forecast: Yen Nears 156.50 Amid Rate Speculation

Quick Look: The USD has risen against the JPY, targeting 156.50 to above 160 yen. Higher US rates benefit USD; BoJ’s debt load likely keeps Japanese rates low. Watch BoJ commentary and Fed speakers on May 21 for future monetary policy clues. In recent trading sessions, the USD has slightly risen against the JPY, signalling …

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Example of sell to open: (Trading Psychology)

Trading Psychology: Maximise Performance in the Markets

Trading psychology is integral to financial markets, profoundly influencing traders’ and investors’ decision-making processes and performance outcomes. The study intertwines psychology, economics, and technological advancements to understand the emotional and psychological aspects that affect trading behaviours. In this article, we will explore the essence of trading psychology, highlighting its significance and providing insights into overcoming …

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Wibest – Yen Exchange Rate: Japanese yen coins. (USD/JPY)

USD/JPY Ascends to 156.20, Potential Climb to 160 Levels

Quick Look: USD/JPY trading above 156.00, indicating sustained bullish momentum. Key support at 155 yen, resistance up to 160 yen. Experts recommend buying on dips, reflecting positive sentiment. The USD/JPY currency pair continues to showcase its robustness in the forex market. The recent trading sessions saw the US dollar rally robustly against the Japanese yen. …

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dollar, euro, Ukraine, eur/usd

EUR/USD Dips to 1.0730 Amid Weak Eurozone Data

Quick Look: EUR/USD below key levels like the 200-day moving average, showing strong selling pressure. German industrial metrics and Eurozone retail trends are key; US Fed commentary is also critical. Supports at 1.0730 and 1.0700; resistances at 1.0765 and 1.0800. The EUR/USD currency pair faces downward pressure, showing a potential second consecutive daily drop. As …

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BTN Centre Review

BTN Centre Review

In this BTN Centre review, we will embark on a trading journey, where cutting-edge technology meets unparalleled market access. This broker enables traders to leverage global financial opportunities with ease and precision. You can begin trading with a platform that supports your growth by providing detailed analytical tools and real-time data. Transitioning into trading is …

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The importance of technical analysis 

Technical Analysis: How to Understand Patterns to Predict Trends

Technical analysis is a popular financial trading approach that relies on past market activity and statistical trends to identify potential opportunities. Unlike fundamental analysis, which examines a company’s financial health and intrinsic value, technical analysis focuses on price movements, trading volumes, and historical patterns to predict future price changes. Technical analysts can detect repetitive market …

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Crypto - luna, bonk

Terra (LUNA) Proposal 12093 Rejected: 38% Support Amid Turmoil

Quick Look: Proposal 12093 by Terra (LUNA) Classic was rejected with 55% opposition, 1% veto, and 5% abstention. Concerns include vague details, centralization risks, and the absence of KYC. LUNA price increases 8%, trading volume decreases 54%. Mixed signals in the crypto market: USTC is up 7%, and LUNA has gained 7.27%. The community decisively …

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Market Trends

Market Trend Analysis: How to Maximise Profits in 2024

In the dynamic business landscape, staying ahead necessitates more than mere adaptation—it requires a deep understanding of market trends. Market trend analysis serves as a beacon, illuminating the path to profitability amidst ever-changing consumer behaviours and industry shifts. Harnessing the power of data-driven insights, businesses can precisely navigate uncertainties, capitalise on emerging opportunities, and maximise …

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IG-Canada Review

IG-Canada Review

Dive into the world of IG-Canada, where trading evolves beyond traditional boundaries. This broker revolutionizes the trading experience with its state-of-the-art AI technology, offering real-time insights like never before. At the broker, traders embark on a secure, streamlined journey that far exceeds spread betting and similar guessing games thanks to comprehensive security measures and a …

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Understanding financial reports, Analysis

How to Unveil Stocks’ True Value with Analysis in 2024

Key Takeaways: Fundamental analysis seeks to determine a stock’s intrinsic value, offering insights into its actual worth instead of its current market price. It identifies investment opportunities by pinpointing stocks trading away from their determined real value. Investment recommendations are crafted based on the analysis, directing investors towards undervalued stocks or cautioning against overvalued ones. …

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Cryptocurrency Investment Landscape: Strategies for Success

Navigating the dynamic world of cryptocurrency investment means staying ahead of the curve and understanding market trends. From understanding market volatility to safeguarding digital assets through secure wallet solutions, successful investors navigate a complex landscape with informed strategies and resilience. Moreover, risk management is crucial in institutional investment to minimize potential losses and enhance portfolio …

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