• Demystifying Forex Trading: A Step-by-Step Guide to Understanding How Forex Works
    Introduction: Forex, short for foreign exchange, is the largest and most liquid financial market in the world, where currencies are traded 24 hours a day, five days a week. It’s a dynamic market that offers vast opportunities for investors and traders alike. However, for those new to the world of forex trading, understanding how it…
  • Deciphering the Origins: Why is it Called Forex?
    In the vast landscape of global finance, there exists a realm where currencies reign supreme, facilitating international trade, investment, and speculation. This realm, known colloquially as the “forex” market, is a cornerstone of the modern financial system. But have you ever wondered why it’s called “forex”? Delving into the origins of this term unveils a…
  • How to master forex news
    Introduction:Forex trading, commonly referred to as foreign exchange trading, encompasses the purchasing and selling of currencies within the global market. It’s a dynamic and fast-paced market influenced by a multitude of factors, with news events playing a significant role in driving price movements. Mastering how to navigate and react to forex news is essential for…
  • Decoding Precious Metals: Gold and Silver Q1 Technical Forecast Unveiled
    Introduction: As we step into the first quarter of the year, investors and traders are eagerly anticipating the unfolding of market dynamics, particularly in the realm of precious metals. Gold and silver, regarded as timeless stores of value, have always been in the spotlight during times of economic uncertainty. In this comprehensive Q1 technical forecast,…
  • A Comprehensive Guide to Forex Trading: Step by Step
    Introduction: In the vast and dynamic world of financial markets, Forex trading stands out as one of the most popular and accessible forms of trading. The Foreign Exchange market, commonly known as Forex, offers individuals the opportunity to participate in the global currency exchange. This guide will walk you through the essential steps of Forex…
  • A Beginner’s Guide: How to Start Forex Trading
    Introduction: Forex trading, short for foreign exchange trading, is a global marketplace where currencies are bought and sold. It is one of the most dynamic and liquid financial markets, offering individuals the opportunity to potentially profit from the fluctuations in currency prices. If you’re intrigued by the idea of forex trading but don’t know where…
  • Gold faced a significant decline, while the EUR/USD and Nasdaq 100 were adversely affected by a resurgence in US yields. – Free Forex News
    Predictions for Gold, EUR/USD, and Nasdaq 100: Early on Monday, during the Asian session, gold prices surged to a new peak, approaching $2,150. However, this bullish momentum quickly reversed into a significant sell-off as European and U.S. markets opened, likely triggered by the rebound in bond rates. U.S. Treasury yields had been on a downward…
  • Anticipating the Week Ahead: Gold Hits Record Highs, Dow Surges; Focus on NFP for EUR/USD and USD/JPY
    Last week witnessed a surge in volatility across various assets, leading to significant breakouts and breakdowns. Notably, U.S. Treasury yields experienced a widespread decline, with the 2-year yield dropping below its 200-day simple moving average, marking its lowest level since early June at 4.54%. The decrease in U.S. bond yields, combined with optimistic sentiment on…
  • Anticipating the Week Ahead: Gold Sets Records, Dow Surges; Focus on NFP for EUR/USD and USD/JPY
    Last week witnessed a surge in volatility across various assets, leading to significant breakouts and breakdowns. A notable development was the widespread decline in U.S. Treasury yields, where the 2-year yield dipped below its 200-day simple moving average, hitting its lowest point since early June at 4.54%. The drop in U.S. bond yields, coupled with…
  • Mastering Forex Trading: A Guide to Success with Effective Risk Management
    Title: Mastering Forex Trading: A Guide to Success with Effective Risk Management Introduction: Happy 1 year anniversary, dear readers! Today, we embark on a journey into the exciting world of Forex trading, a realm where fortunes are made and lost. However, success in Forex is not just about predicting market movements; it’s also about mastering…
  • Bitcoin Maintains Stability Amid Binance Controversy, with Coinbase (Coin) Earning Recognition as the Beneficiary
    BITCOIN AND CRYPTO HIGHLIGHTS:Bitcoin Holds Below $38,000 Amid Ongoing Rangebound Trading.Crypto Sector Exhibits Stability Despite Binance Record Fine and Appointment of a New CEO for the World’s Largest Crypto Exchange.Unexpectedly, Coinbase Emerges as a Notable Winner, Making Significant Progress. Bitcoin experienced a robust rally yesterday, recovering decisively after flirting with the support around the 35,500…
  • Euro Price Outlook: Weakening as German GDP Figures Unfold
    Analysis of EUR/USD:Divergent signals from the euro area offer little clarity on the currency pair’s future trajectory.Focus on the upcoming German Ifo business climate report and statements from ECB officials.EUR/USD in a consolidation phase, awaiting influential fundamental factors for potential direction. EURO FUNDAMENTAL OVERVIEWOn Thanksgiving Day, the euro gained ground against the USD following eurozone…
  • Gold Prices (XAU/USD) Poised for a Potential Return to Multi-Month Peaks
    Gold (XAU/USD) Analysis: Anticipating Upside Momentum in Quiet Markets, Unfazed by Elevated US Bond Yields In the current subdued market environment, gold is showing a modest uptrend, aiming to re-test significant levels at both $2,000/oz. and the recent multi-month high, just below $2,010/oz. Despite the rise in US government bond yields, the precious metal is…
  • Dollar on Guard as Investors Deliberate on US Interest Rate Prospects
    On Friday, the dollar found itself in a state of restraint, grappling with uncertainty regarding the trajectory of U.S. interest rates. Concurrently, the euro maintained its overnight gains, buoyed by data suggesting a potential alleviation of the economic downturn in the eurozone. The backdrop of U.S. markets being closed on Thursday, coupled with a truncated…