The Forex Divergence Cheat Sheet: A Sure-Fire Way Of Increasing Your Trading Profits Forex Divergence trading is one of the most lucrative forms of trading, but it’s also one of the most difficult to understand. Luckily, you don’t have to learn it all by yourself! In this article, we’ll take a look at what divergence […]
EUR/USD Key Psychological Level of 1.0800: DAX 40 Remains Rangebound
EUR/USD Wrestles With Key Psychological Level The downward trajectory pertaining to EUR/USD continues to persist with price action stalling at the key psychological level of 1.0800. In the wake of the Coronavirus pandemic, an influx of stimulus from both the European Central Bank (ECB) and the Federal Reserve (Fed) has thus far assisted in reinvigorating […]
US Trade Deficit Reaches $89.7 Billion – Highest on Record
US Trade Deficit updates: Balance of Trade (JAN) = $-89.7B Exports (JAN) = $224.4B Imports (JAN) = $314.1B Customize and filter live economic data via economic calendar The US now has the largest trade deficit on record as imports for January rose $3.8 billion more than in December; while exports for the same period declined […]
EUR/GBP Price Analysis: Bulls remain hopeful near 0.8350 while above 20-EMA
EUR/GBP has rebounded after forming lows around 0.8325. The cross holds above 20-EMA, which keeps buyers hopeful. The pair, however, trades in a falling wedge that risks downside. The EUR/GBP pair has attracted significant bids after it tested Monday’s low at 0.8325. The shared currency has been underperforming against the pound since Wednesday after kissing the upper […]
Forex: A Beginner’s Guide (2022)
What is Forex? The word Forex was made by joining initial syllables of two words Foreign and Exchange. Forex is the process of converting one currency to another for business and personal purposes .The Average trading volume of forex market is $6.6 Trillion per day. The $6.6 trillion break-down is as follows: $2 trillion in […]
EUR/SEK heading 10.35
Economists at Credit Suisse revise their EUR/SEK target higher from 10.14 to 10.35 following last week’s dovish Riksbank surprise. Scarce opportunity for monetary policy led gains in SEK in the near-term “We revise our EUR/SEK target from 10.14 to 10.35, a level that we believe accounts for the still-constructive fundamental story behind the krona, but […]
Dollar rises on Fed expectations, Omicron worries ease By Reuters
[ad_1] 2/2 © Reuters. FILE PHOTO: A Japan yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration 2/2 By John McCrank NEW YORK (Reuters) -The dollar rose on Tuesday on expectations the Federal Reserve could raise interest rates as early as March to counter rising inflation, while a global rally […]
Dollar Up, Yen at One-Month Low as Omicron Worries Lessen By Investing.com
[ad_1] © Reuters. By Gina Lee Investing.com – The dollar was up on Tuesday morning in Asia. Meanwhile, the yen traded near a one-month low to the U.S. currency as uncertainty about the omicron COVID-19 variant was largely consigned to the background, and investors’ risk appetite improved. The that tracks the greenback against a basket […]
Forex Memes Compilation
Enjoy these forex memes: Forex can be stressful right!!!!! Enjoy these forex memes: Forex can be stressful right. If you’re not careful, forex trading stress can wear you out, so it’s crucial to know how to deal with it. Given the fast-paced nature of the forex market and the likelihood of financial losses, it’s no […]
STP Brokers: An updated list for 2022
STP Brokers: Forex Broker Name Minimum Deposit Leverage Minimum Lot Size Spread on EURUSD Bonuses or Rewards Accent Forex Company $100 200/1 0.1 0.8 YES ActivTrades YES ADS Securities LLC $100 500/1 0.1 2.4 pips No AGM Markets $250 200/1 0.01 1.7 pip YES Alfa Financial $100 100/1 0.01 Lots 2.0 […]