Autochartist is a handy tool for forex traders to identify market patterns. With 24 powerful technical indicators, the 24-hour market analysis tool offers alerts enabling you […]
Technical analysis is the foundation of predicting price movements in the financial markets. It allows forex traders to prevent information overload, analysis paralysis, and trading on […]
The per-ounce price of silver rose 23.37% in the 12 months to August 2024. After repeatedly testing the $30 level, the precious metal hit a 12-year high of $31.80/oz […]
Major FX pairs, such as the EUR/USD, USD/JPY and GBP/USD, are popular among traders for their massive trading volumes in the global forex markets. However, minor […]
“Never, ever argue with your trading system,” advises Michael Covel, a renowned financial author. The quote has multiple layers. First, you must have a trading strategy […]
According to the Morgan Stanley Capital International (MSCI) Index report, the year-to-date return on emerging market (EM) equities stood at 7.49% on June 28, 2024, with an […]
The US dollar/Japanese yen (USD/JPY) is among the most actively traded forex pairs. Its popularity means that liquidity and trading volumes tend to be high, leading to […]
Gold has been one of the best-performing assets worldwide in 2024. Much of this performance has been driven by central banks increasing their reserves of the […]
Silver is the second most popular precious metal among bullion traders. The white metal has been shining bright for centuries as a store for value, much […]
Oil is one of the most traded commodities in the financial markets. If you plan to expand your portfolio and include energy instruments, understanding the difference […]
Following on the heels of the UK’s snap general election announcement, French President Emmanuel Macron called for a snap legislative election on June 9. The results, […]
Gold has been a store for value for centuries. It is considered a safe haven during economic turmoil and geopolitical uncertainty. Amid rising inflation, continued geopolitical […]
Precious metals, such as gold and silver, are considered safe investment choices. They are stores of value and offer stability and protection against economic uncertainties. You can […]
As 5 November draws closer, the world is waiting, almost with bated breath, for the Trump-Biden rematch. Traders are also keeping their eye on the US […]
The Great British Pound (GBP) had spiked 1.38% versus the US dollar over three months, as of July 8th, 2024. The GBP has overshadowed the euro (EUR) and […]
Many new traders make the mistake of not following proper risk management techniques. You may have chosen your broker carefully, practised extensively on the demo account, […]
The Labour Party swept the UK elections, winning 412 of the 650 seats in the parliament’s House of Commons. This is the biggest Labour Party victory since Tony […]
The Australian dollar (AUD) had entered 2023 on a high note, rising to US$0.71 in January. However, it steadily declined throughout the year, ending 2023 at […]
The Federal Reserve’s (Fed) controls money supply in the US by adjusting interest rates in the country. Being the dominant global reserve currency, the value and […]