What is copy-trading? Well, copy-trading is a way to select traders and follow those who seem to have great experience and have a higher success rate of trading strategies. As a trading system, copy-trading replicates signals from traders in real-time. This process is automatic, and it is up to investors to decide how they wish …
What is a copy-trading strategy, and how can you use it? Read More »
There were some notable ups and downs in global markets this week. The markets have been moving according to FED’s Jackson Hole symposium. This article will overview some of the main highlights of this week’s foreign exchange, Crypto, stock, and commodity markets. What’s new in the Forex market? From the forex market overview, we can …
Weekly Overview: Forex, Stocks, Crypto, Commodities Aug 27 Read More »
Today, we want to introduce you to another well-known scam broker, RoyalsFX. Due to the poor operation of the website, we were unable to find the exact date when the company was established. However, we still collected some valuable information to prove that you must keep your funds away from them. RoyalsFX is a foreign …
RoyalsFX is a scammer, don’t let them steal your funds Read More »
One of the essential things in trading is to choose the right currency pair, combined with the right trading strategy. Choosing the right one may get huge profits while selecting the wrong pairing will cause losing money. This is one of the similarities between the foreign exchange market and the stock market: we are trading …
How can you choose the best currency pairs for trading? Read More »
The U.S. currency dropped broadly on Monday. This was after registering its biggest weekly rise in more than two months last week. This was due to doubts about the course of U.S. monetary policy triggered profit-taking. Riskier currencies, including the Australian dollar, the Norwegian crown, as well as the Canadian dollar were among the beneficiaries …
U.S. Dollar Fell After Registering its Biggest Weekly Rise Read More »
Traders regularly use foreign exchange indicators to increase their chances of profit in forex trading. Together with other forms of data and analysis, indicators can influence trading decisions and be used as the basis for foreign exchange trading strategies. With the ability to examine past market behavior and patterns, traders use the best foreign exchange …
MACD Indicator: Your best Forex guide for successful trading 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 »
The New Zealand dollar fell to its lowest level in nearly three weeks on August 17 after the country identified its first Covid-19 case since February. The government already announced new short-term lockdown measures. The kiwi dropped sharply in early Asian trading hours, extending losses around 06:30 GMT following Prime Minister Jacinda Arden’s announcement. She …
New Zealand Dollar Suffered Huge Losses Due to Covid-19 Read More »
The U.S. dollar declined on Monday morning in Asia, remaining near a one-week low. The U.S. currency slumped the most in almost seven weeks on Friday, after a sharp decline in U.S. consumer confidence reduced the chance of a tighter U.S. Federal Reserve monetary policy. The U.S. dollar index that tracks the U.S. currency against …
The U.S. dollar continues to demonstrate its strength, and it was close to its best result in four months against a basket of currencies as investors looked for more clues from the central bank on its plans to cut monetary stimulus. Data supported the greenback released one day earlier. The U.S. consumer prices posted their …
The Dollar Demonstrated Its Strength On August 13 Read More »
The U.S. dollar fell in early European trading on August 12, as signs of cooling U.S. inflation relieved the pressure on the country’s central bank to start reining in its massive bond-buying program. The dollar index, which tracks the U.S. currency against a basket of six other currencies, traded around 0.1% lower. At 2:15 AM …
The U.S. dollar was on track towards this year’s rise against the euro on Wednesday. Also, the greenback rose to its highest point against the yen in five weeks. The U.S. currency reached good results ahead of U.S. inflation data, with a strong number potentially pressuring the central bank to change its monetary policy. The …
Dollar Rose Against Euro, Yen Ahead of U.S. Inflation Data Read More »
The U.S. dollar rose to a four-month high versus the euro on Tuesday after upbeat U.S. jobs data bolstered the expectations that the central bank could soon start tapering its massive bond-buying program. The 10-year Treasury yield jumped to as high as 1.336% in London trade, its highest level in more than three weeks. According …
The U.S. dollar once more demonstrated its strength on Monday. It climbed against the main peers, reaching a four-month high versus the single currency, as traders positioned for an earlier tapering of Federal Reserve stimulus. The U.S currency strengthened as far as $1.1742 to the euro, extending a 0.6% pop from Friday when a strong …
U.S. Dollar Reached its Highest Point Against Euro Read More »
The British pound strengthened its position against the greenback. It was up 0.3% to $1.3931 by 3:06 p.m. ET following the Bank of England’s decision. The central bank decided not to change the size of its bond-buying program. The country’s central bank made the decision to keep its benchmark interest rate at a historic low …
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