What is Leverage in Forex Trading
Forex leverage is an advantage for traders. It uses borrowed credit to increase one’s trading position. Key point: It amplifies both profits as well as losses. Leverage involves borrowing a…
Gold price consolidates near two-month peak, bullish potential seems intact
Gold price pauses after last week’s strong positive move to a fresh YTD top. Slightly overbought RSI on the daily chart acts as a headwind for the metal. Traders also…
EURUSD on Friday rose 0.32% to 1.08398. Week ending 2024-03-01 rose 0.19%. What happened.
Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance Period Pct Chg Momentum Friday 0.32% 34.5 Pips…
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USD/CHF consolidates around 0.8790 post recent gains, focus on US PCE data
USD/CHF maintains its stability ahead of US PCE – Price Index data. CME FedWatch Tool indicated the chances for rate cuts in March are at 3.0%, with 19.3% in May…
EURUSD on Thursday dropped -0.32% to 1.08031. End February down by -0.14% or -14.9 pips lower. Pair in consolidation. What we know.
Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Thursday Period Pct Chg Momentum Thursday -0.32%…
A Beginner’s Guide to Trading Forex Futures
Forex trading futures are exchange-traded, legally binding financial contracts through which buyers and sellers agree to buy and sell a standardized contract amount of a currency in exchange for another…
USD/CAD advances to near two-week top, bullish Oil prices to cap gains ahead of US data
USD/CAD gains positive traction for the fourth straight day amid a modest USD uptick. Bullish Crude Oil prices could underpin the Loonie and keep a lid on any further gains.…
EURUSD on Wednesday dropped -0.04% to 1.08390. Pair in consolidation. What we know.
Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Wednesday Period Pct Chg Momentum Wednesday -0.04%…
Free Forex Education What to Focus on?
Free forex education is certainly important for novice traders to understand this specialized market. However, it is equally crucial for experienced traders to demystify the dynamism in the forex industry.…
