Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURUSD The Eurozone, Germany, and France’s initial Purchasing Managers Index reports failed to beat the consensus estimates. The manufacturing sector took the most beating. For the currency bloc, the result fell 2.7 points to …
Daily Market Charts and Analysis September 23, 2021 Read More »
Scam forex brokers are spreading everywhere. How can you protect yourself from them? For the first-timer, their platforms, websites look like the honest brokers’ ones. However, there always are some noticeable red flags that help us bring the verdict. Today, we would like to introduce you to StarkMarkets-a scammer forex and CFDs broker that you …
If you are familiar with trading in stocks, then you might have heard about swing strategy too. What does it mean, though? How can you use the swing strategy? Let’s discuss it together. Swing trading is a strategy that focuses on getting smaller gains in short-term trends and reducing losses faster. The gains may be …
What is a swing trading strategy, and how can you use it? Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDRUB The Russian ruble will outperform the US dollar in the short term. The catalyst was the huge deficit in America’s oil stockpile last week. According to the American Petroleum Institute published on September …
Daily Market Charts and Analysis September 16, 2021 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPBRL Before the 2020 pandemic, international students generated 28.8 billion for the British economy. However, Brexit limits free movement between the other EU countries. According to Universities UK International and Higher Education Policy Institute, …
Daily Market Charts and Analysis September 09, 2021 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD The British Manufacturing PMI inched lower at 60.3 points compared to July’s 60.4 points result. Nevertheless, the reported figure defied expectations of 60.1 points for August. The Nationwide HPI published on September 01 …
Daily Market Charts and Analysis September 02, 2021 Read More »
On August 27, United States Federal Reserve Chair Jerome Powell stated that the central bank would begin tapering its $120 billion monthly bond purchases by the end of the year. Still, interest rate hikes will have to wait until the job market and inflation passes a more stringent test. In response to the speech, the …
Crypto Forecast: BTC, ADA, LUNA, VET and XTZ may outperform Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCHF Germany will drag the Eurozone’s economy lower. The current economic expectation is positive, with an advance to 101.4 points. However, the projection for the next six (6) months is bleak. The Business Expectations …
Daily Market Charts and Analysis August 26, 2021 Read More »
Forex weekly overview Global markets had some significant ups and downs this week. In This article, we will summarize some major highlights in Forex, Crypto, Stocks, and Commodity markets that occurred this week. Let’s start with the forex market. USD had some great updates this week. The U.S. dollar hit a nine-month high against major …
Weekly market updates: Forex Stocks Crypto Commodities Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURNOK Norway’s interest rate is expected to remain unchanged at Thursday’s meeting. 150 basis points were cut from the benchmark since March 2020, sending the rate at zero percent. The central bank is anticipated …
Daily Market Charts and Analysis August 19, 2021 Read More »
The double-digit rises observed in several cryptocurrencies indicate that traders are becoming more bullish with each passing day. Maintaining this momentum will be contingent on Bitcoin’s (BTC) short-term price movement. According to Cointelegraph Markets Pro and TradingView statistics, after breaking beyond the $48,000 price barrier in the early morning trading hours on August 16. The …
If you have ever experienced forex trading, you might have come across candlesticks. What are these candle-shaped charts? How can we read them? Apparently, candlesticks are one of the most valuable charts traders use for market analysis. In this article, we will provide basic details that will help you read, use, analyze market updates with …
What are candlesticks, and how can you benefit from them? Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDHKD The US inflation maintained the pace of inflation growth in July. Prices of consumer goods stood at a 13-year high with a 5.4% increase. Meanwhile, the month-on-month data showed a slowdown after advancing …
Daily Market Charts and Analysis August 12, 2021 Read More »
Gold fell on Friday morning in Asia but settled near the key $1,800 mark as investors expect the latest U.S. jobs report. Gold futures fell 0.39% to $1,801.90 by 1:24 PM ET (5:24 AM GMT) and were fixed for their most critical weekly performance after mid-June 2020. The U.S. report, including nonfarm payrolls data, is …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCAD Canada faces geopolitics and economic challenges amidst the pandemic. The manufacturing sector on August 03 posted 56.2 points for July’s PMI report. While the figure is a minor decline from the previous 56.5 …
Daily Market Charts and Analysis August 05, 2021 Read More »
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