The performance of almost every asset class has been miserable in 2022, except for the United States dollar. Unlike the lackluster returns of stocks, bonds, real estate, and cryptocurrencies, the USD has fared much...
Tag - Forex Trading
Forex Portfolio Diversification: The Secret to a Stronger Forex Portfolio
Every successful investor knows that diversification is the key to a profitable investment portfolio. However, we want to take it a step further and emphasize that successful diversification doesn’t necessarily...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 26th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 26th Sep: JPY – BOJ Gov Kuroda Speech, EUR – German ifo Business Climate & ECB President Lagarde Speech 27th Sep: USD – Fed Chair Powell Speech, Durable Goods...
5 Reasons to Consider Forex Trading During Recession
Economic recessions are inevitable occurrences, typically hitting every 7 to 9 years and are generally accepted as a natural phase of the economy. While no one knows how long a recession lasts, the financial...
Federal Reserve Hikes Another 75bp and Pledges More as Inflation Persists
The Federal Reserve hiked rates 75bps as expected, bringing the fed funds rate above 3% for the first time since 2008, as inflationary pressures are more persistent than the bank expected. High inflation keeps the door...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 19th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 20th Sep: AUD – Monetary Policy Meeting Minutes & CAD – Consumer Price Index & Core 21st Sep: USD – Fed Rate Decision, Statement & Press Conference 22nd...
Weekly Market Outlook: More Rate Hikes Led by The Fed
Weekly Market Outlook – This week is packed with interest rate decisions by the major central banks. The Federal Reserve, Bank of England, Bank of Japan and Swiss National Bank are scheduled to meet this week and...
Online Forex Trading in India: The Complete Guide
Almost everyone in India is familiar with the concept of stocks and equity trading. Nevertheless, there is also another high-potential market that is not widely known in the Indian subcontinent but has a great deal of...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 12th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 12th Sep: GBP – Gross Domestic Product 13th Sep: USD – Consumer Price Index 14th Sep: GBP – Consumer Price Index & USD – Producer Price Index 15th Sep: NZD – Gross...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 5th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 5th Sep: GBP – Final Services PMI & ALL MAJORS – OPEC-JMMC Meetings 6th Sep: RBA Interest Rate Decision & Statement & USD – Final Services PMI & ISM...
Weekly Market Outlook: Eyes on OPEC+, PMIs & Central Banks Meetings
Weekly Market Outlook – This week will be dominated by central bank meetings, with the Reserve Bank of Australia (RBA), European Central Bank (ECB), and Bank of Canada (BoC) meeting this week. A series of S&P...
US Dollar Retreats From 20-Year Highs after Unexpected Rise in Unemployment
The US Dollar index DXY traded lower on Friday below its 20-year highs around 110 hit yesterday following the unexpected rise in unemployment rates during August, the U.S. Bureau of Labor Statistics reported today...
8 Questions to Ask Yourself Before You Open a Forex Account
Do you think it would be a good idea to open a forex account given the large number of success stories on the internet? Are you currently trading on a demo account for more than two months and willing to switch to real...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 29th August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 29th Aug: AUD – Retail Sales 30th Aug: EUR – Consumer Price Index, & USD – CB Consumer Confidence & JOLTS Job Openings 31st Aug: EUR – CPI & Core CPI Flash...
Weekly Market Outlook: Eyes on NFP After Powell’s Hawkish Speech
Weekly Market Outlook – Central banks will be stepping off the scene this week, which directs attention to economic data. The main highlight of the week will be the NFP report on Friday. Labor market data will be...
8 Advantages of Trading Forex over other Financial Instruments
The popularity of trading and transitioning into a financially independent lifestyle is increasing among people of all ages lately. With an increasing number of trading instruments like stocks, futures, crypto, and...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 22nd August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 23rd Aug: EUR, GBP & USD Flash Services & Manufacturing PMI & USD New Home Sales 24th Aug: USD Durable & Core Durable Goods Order & Pending Home...
How to Start Making a Profit With Forex Trading
There is no doubt that participating in forex trading is extremely simple, as its mechanics are similar to that of other financial markets. Consequently, trading forex can be relatively simple for those with prior...
Trading Style: What Type of Forex Trader Are You?
Thousands of new forex traders come online every day in hopes of making a quick fortune trading in the (foreign exchange) forex market. Unluckily, the vast majority of these individuals fail to make a profit. This is...
