• April 9th 2021: Tracking US Treasury Yields, Dollar Extends Losses

    April 9th 2021: Tracking US Treasury Yields, Dollar Extends Losses

    • April 8, 2021

    Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857/1.1352.

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  • Quick Guide: How to Calculate Profits and Losses of Your Currency Trades

    Quick Guide: How to Calculate Profits and Losses of Your Currency Trades

    • April 1, 2021

    Reading time: 8 minutes The foreign exchange market serves as an online platform to buy and sell currencies — think euros (EUR), US dollars (USD), British pounds (GBP), Japanese yen (JPY), Swiss franc (CHF) and Australian dollars (AUD). Fundamental analysis and technical analysis are primary research tools employed by Forex traders on a daily basis.

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  • FX Spreads: Understanding Spreads in the Forex Market

    FX Spreads: Understanding Spreads in the Forex Market

    • April 1, 2021

    Reading time: 8 minutes Interest in the foreign exchange market continues to grow. The foreign exchange market—commonly referred to as either the Forex market or FX market—represents a decentralised global marketplace, a platform designed for speculation and hedging in currencies. As evidenced in the 2019 Triennial Survey of turnover in OTC FX markets (BIS), trading

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  • The Risks of Trading Shares and How to Mitigate Them

    The Risks of Trading Shares and How to Mitigate Them

    • April 1, 2021

    Reading time: 8 minutes What are Shares? Boasting a long and colourful history, trading in shares remains popular among retail traders and investors. Often referred to as stocks or equity, shares represent units of ownership within a company. Dividend payments are common with some companies, a method of sharing company profits with shareholders. In addition

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  • March 31st 2021: Greenback (DXY) Comfortable North of 93.00, Targeting Daily Resistance at 93.90

    March 31st 2021: Greenback (DXY) Comfortable North of 93.00, Targeting Daily Resistance at 93.90

    • March 30, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) As March comes to an end, EUR/USD is lower by nearly 3 percent and engages with 1.1857/1.1352 demand. A decisive rebound from the aforesaid demand shifts attention to the possibility of

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  • March 26th 2021: Dollar Index Refreshes 2021 Tops and Dethrones 200-Day SMA

    March 26th 2021: Dollar Index Refreshes 2021 Tops and Dethrones 200-Day SMA

    • March 25, 2021

    Note—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) As we head into the closing stages of March, EUR/USD is seen dipping into 1.1857/1.1352 demand, lower by 2.5 percent. A decisive rebound from the aforesaid demand shifts attention back to

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  • February’s US Employment Situation Report in Focus

    February’s US Employment Situation Report in Focus

    • March 5, 2021

    Release: March 5 at 13.30pm GMT (last update: February 5) Reading time: 15 minutes Due to its timeliness, accuracy and importance within the broader economy, the employment situation report—often referred to as the non-farm payrolls release—is a closely monitored indicator. As well as a leading indicator of consumer spending, non-farm payrolls represent a measure of

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  • The Complete Risk-Reward Ratio Guide for Forex Traders

    The Complete Risk-Reward Ratio Guide for Forex Traders

    • February 28, 2021

    Reading time: 10 minutes ‘It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong’—George Soros ‘Frankly, I don’t see markets; I see risks, rewards, and money’—Larry Hite A key factor behind Forex trading success is an appropriate balance between

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  • Weekly Technical Market Insight: 1st – 5th March 2021

    Weekly Technical Market Insight: 1st – 5th March 2021

    • February 27, 2021

    Note—Charts provided by Trading View US Dollar Index (Daily Timeframe): Measured by the US dollar index, the greenback fashioned a firm recovery last week, adding 0.6 percent and snapping a two-week bearish phase. Leaving support at 89.34 unchallenged, USD bulls are likely taking aim at February 17 peak around 91.05, with subsequent outperformance to perhaps

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  • Trading Tools that Will Help You Make More Informed Trading Decisions in Forex

    Trading Tools that Will Help You Make More Informed Trading Decisions in Forex

    • February 23, 2021

    Reading time: 9 minutes The foreign exchange market—known by most as the Forex market or currency market— is unique in many ways. The Forex market’s gargantuan presence, boasting a global daily currency turnover of US$6.6 trillion per day, is enough to leave most open-mouthed. Until the 1990s, Forex trading, or currency trading, was a practice

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  • Forward Trends That Will Influence the Future of the Metals Trading Industry

    Forward Trends That Will Influence the Future of the Metals Trading Industry

    • February 8, 2021

    Reading time: 7 minutes ‘What are the most brilliant of our chemical discoveries compared with the invention of fire and the metals?’ – Benjamin Disraeli, UK Prime Minister (1874 – 1880) Over the past two decades, metal prices experienced notable price volatility. The World Bank’s Metals and Minerals Price Index trades at 90.28, as of

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  • A Crash Course on Fibonacci Calculators: How to Calculate Retracements and Extensions

    A Crash Course on Fibonacci Calculators: How to Calculate Retracements and Extensions

    • February 8, 2021

    Reading time: 7 minutes Updated September 2021 Fibonacci levels—often referred to as Fibs—represent horizontal percentage ratios that can (and do) interact with price movement. (Shutterstock_1758681446) Introduced by Italian mathematician Leonardo Pisano Bigollo in the 13th century[1], or better known as ‘Leonardo of Pisa’ or ‘Leonardo Fibonacci’, Fibonacci studies signify unique mathematical ratios found in everyday

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