GBP/USD Crossing Swords with Technical Confluence!
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- April 22, 2024
XJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREReading time: 7 minutes The Foreign Exchange Market (or ‘’Forex market’’) is the largest trading market globally with many countries permitting currency trading. However, some countries refuse the transactions of trading foreign currencies. These countries either have implemented rules that restrict trading currencies or have banned them outright. The good news is Australia is not
READ MOREAltcoins, an abbreviation for ‘alternative coin’, refers to alternative cryptocurrencies to Bitcoin, which makes up a large portion of the total crypto market value. Bitcoin was the first cryptocurrency to launch; however, many open-source virtual currencies are now available. Why altcoins over Bitcoin? Bitcoin (BTC) is the first and most popular blockchain network; however, this
READ MORECryptocurrency has become a trending space, as many crypto-assets such as bitcoin (BTC), altcoins, and other digital assets have skyrocketed in value. If you’re thinking about investing or trading in the crypto space, here are 7 factors to consider before making your first cryptocurrency investment. Proof-of-Stake vs Proof-of-Work There are two major types of
READ MOREFP Markets launches the FP Markets Partners Hub. The premium choice for IBs & Affiliate Marketing experts. The FP Markets Partners Hub is a rich source of information for partners containing marketing material and in-depth informative articles and tips for IBs and Affiliates to learn how to maximise their earning potential. FP Markets has launched
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREReading Time: 7 Minutes A critical component of successful Forex trading is striking an optimal balance between risk and reward, a balance that is suitable for not only the trading system (Forex trading strategy) used but also the trader/investor’s risk tolerance. At its heart, a risk-reward ratio assesses the potential risk and potential reward (sometimes
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s single currency advanced against its US counterpart on Wednesday, snapping a two-day losing streak and adding 0.5 percent at the close of European trading. Global equities were largely bullish and US government debt continued to rally, consequently sending yields southbound. The 2-year yield extended declines to a
READ MOREReading Time 7 Minutes Although a wide variety of online foreign exchange courses are available, it’s imperative that you review each one against certain criteria before investing time and money. Some courses are free; others are paid-for courses. Some are aimed at new traders (beginner’s courses); others are for more experienced traders. Important Considerations
READ MOREReading Time: 8 Minutes Without a thorough understanding of one’s mindset, trading can be one of the most exasperating endeavours you undertake, irrespective of the Forex trading strategy used. The emotional state of an individual’s character can influence the approach and create trading mistakes. All traders are unique, whether beginner or expert traders and all
READ MOREReading Time: 8 Minutes Contract for Differences (CFDs) are financial derivative products. CFDs work when two parties enter an agreement (a position) that’s settled in cash (calculated through the opening and closing prices of a position). As such, void of physical delivery, CFDs are a popular market to trade among both beginner and experienced CFD
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