Overview of trading
In order to be profitable in any form of investment, a trader needs to put every defining factor into perspective. Although the market is dynamic in its nature, it is …
Read MoreAuthor: gary
Is Gold on the move ?
XAU/USD traded higher on Tuesday, after breaking above the 1815 key resistance area (now turned into support) on Monday. What’s more, after briefly breaking below the upside support line drawn …
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XAU/USD traded higher on Friday, after it hit support near the 1712 level. The recovery drove the price above the downside resistance line drawn from the high of May 18th, …
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BTC/USD has been in a recovery mode since May 11th, when it hit the upside support line drawn from the low of March 16th. As long as the price continues …
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Why does price move
There are several factors. We have macroeconomic data that greatly influences the quotations, especially the quotations of the foreign exchange markets. Quotations can also be influenced by political aspects. We …
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What is Forex & how does it work ?
When trading forex, you always speculate on whether the price of the base currency will rise or fall against the counter currency. So in AUD/USD if you think AUD will …
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Market Outlook
Global equities are down today after a selloff Thursday amid mixed corporate results as European economies recorded sharp contractions too while US Labor department report showed over 30 million Americans …
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Realistic Expectation
Following on from some posts I have seen and certainly from the amount of emails I receive regards the markets , I am curious as to what the expectation of …
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