Traditionally, trading involves the exchange of items between two parties. In most cases, this interaction often yields some kind of benefit for either party. All forms of trading follow the same give-and-take principle with the desire to earn a profit. However, there is not a single market on which you can trade. This is because … Read more
Having realistic expectations before you make a trade is essential to long-term success. That is why, as a newbie, you should stay away from anyone promising fast returns and quick wealth while trading forex. A lot of people who get into FX trading do so because of the promise of striking gold early on. This … Read more
Arguably the most crucial element in the entire forex trading process is a forex broker. If you are just starting currency trading, then be sure that you will require the services of a forex broker. As a beginner, besides navigating through the complex world of forex trading, you should know how to tell apart forex … Read more
CANADIAN DOLLAR, USD/CAD, CRUDE OIL, DOW JONES, FINANCIAL STOCKS – ASIA PACIFIC MARKET OPEN The Canadian Dollar gained with crude oil prices as Dow Jones climbed Financial stocks rose, mortgage giants extended foreclosure suspensions Asia Pacific stocks may rise, boosting the Australian Dollar as Yen falls CANADIAN DOLLAR, CRUDE OIL, DOW JONES GAIN AS FINANCIALS LEAD STOCKS HIGHER The growth-linked Canadian Dollar – which can … Read more
INDIAN RUPEE, US DOLLAR, USD/INR, CREDIT SPREADS, CORONAVIRUS – TALKING POINTS Indian Rupee could face uphill battle as country struggles with virus Local credit spreads have been widening and may continue that path USD/INR consolidating as bearish chart pattern lacks follow-through As India approaches the expiration of extended lockdown measures this Sunday, the Indian Rupee may still … Read more
Below are links to information you may find helpful. All links collected by our team. We will endeavour to ensure that this directory is up to date and useful. Top websites about Trading: FXstreet – source for reliable news and real time Forex analysis. Real-time exchange rates, charts and an economic calendar. DailyFX – portal for forex trading news … Read more
FUNDAMENTAL EURO FORECAST: NEUTRAL After so much bad news from the Eurozone, EUR/USD is due at least a pause for breath. Of course there’s no guarantee that it won’t be knocked back further by yet more unwelcome developments, but with pessimism already so pervasive a rally can’t be ruled out. EURO PRICE OUTLOOK: DUE FOR A BREAK The Euro was … Read more
Dow Jones, DAX 30 & ASX 200 Price Outlooks: DOW JONES FORECAST OUTLOOK: BEARISH The Dow Jones enjoyed a moderately strong performance last week as investors grappled with the possibility of a negative Federal Funds rate. The prospective decline in rates was laid against a backdrop of soaring unemployment as Friday’s non-farm payrolls report revealed the … Read more