How to Read Candlestick Patterns in Forex
When it comes to online forex trading, understanding candlestick patterns is essential for traders looking to gauge market sentiment and make informed decisions. These patterns, which have been used since the 18th century in Japan, are now a fundamental aspect of technical analysis in the trading world, including platforms like Xtreamforex. This blog aims to […]
Top 10 Tips for Managing Risk in Forex Trading
Top 10 Tips for Managing Risk in Forex Trading In the exciting world of of Forex trading, managing risk is the cornerstone of a sustainable and profitable journey. As the market’s volatility dances to the global economic rhythm, traders, especially those engaging with an ECN Forex Broker like Xtreamforex, must strategize to safeguard their investments. […]
IMF’s Global Economic Outlook: Inflation Concerns and Market Reactions
IMF’s Global Economic Outlook: Inflation Concerns and Market Reactions The International Monetary Fund (IMF) recently adjusted its global economic outlook, lowering the expected global growth rate for the upcoming year to 2.9%. This revision has prompted concerns and market reactions. However, the IMF’s update didn’t stop at growth projections; it also raised eyebrows with an […]
The Top 7 Forex Brokers With Tightest Spreads
The Top 7 Forex Brokers With Tightest Spreads When it comes to forex trading, choosing the best forex broker is crucial. One of the key factors to consider is the spread offered by the broker. A tight spread can significantly impact your trading costs and overall profitability. In this blog post, we will explore the […]
Tips for Managing Risk in Forex Trading with CFDs
Tips for Managing Risk in Forex Trading with CFDs Forex trading with Contracts for Difference (CFDs) can be a lucrative endeavor, but it also carries inherent risks. Thus, effective risk management is crucial to protect your capital and minimize potential losses. In this article, we will delve into valuable tips for managing risk in forex […]
Basic Types of Orders in Forex Trading Market
Basic Types of Orders in Forex Trading Market The foreign exchange (forex) market, with its 24-hour operation and daily trading volume exceeding $6 trillion, is the largest financial market globally. For successful online forex trading, understanding the basic types of orders executable on the best forex trading platforms is crucial. In this article, we’ll explore […]
USD/JPY takes the bids to refresh weekly top, jumped the most in 14 days post-Fed.
USD/JPY takes the bids to refresh weekly top, jumped the most in 14 days post-Fed USD/JPY justifies hawkish Fed showdown whilst taking the bids close to 114.75, up 0.15% intraday to refresh weekly pinnacle as Tokyo opens for Thursday. The yen pair rose the maximum in 3 weeks after the United States Federal Reserve […]
Analyst says inflation increases problems in emerging markets like Kazakhstan
Analyst says inflation increases problems in emerging markets like Kazakhstan Rising food and fuel prices pose serious challenges for emerging countries, according to an economic risk analyst, who highlighted the mass protests taking place in Kazakhstan over fuel. Skyrocketed. “In particular, many countries are facing the challenge of increasing food and fuel prices as this […]
NZD/USD slides to over two week low, below mid0.6700s amid stronger USD/risk off
NZD/USD slides to over two week low, below mid0.6700s amid stronger USD/risk off The NZD/USD pair endured dropping floor via the early European consultation and dropped to over a two-week low, under mid-0.6700s within side the ultimate hour. The pair prolonged the preceding day`s retracement slide from the 0.6835-forty place and witnessed heavy promoting all […]
Equity futures will rise slightly after the Dow has made profits for the fifth straight day
Equity futures will rise slightly after the Dow has made profits for the fifth straight day US stock futures rose on Tuesday evening after a mixed session as traders continued to evaluate the threat of Omicron’s Covid-19 options. Futures pegged to the Dow Jones Industrial Average rose 38 points, or 0.1%. S&P 500 futures rose […]
AUD/JPY remains important in 80.70S the risk-free market
AUD/JPY remains important in 80.70S the risk-free market AUD/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday’s sell-off on Wall Street. At the time of this writing, AUD/JPY is down around 0.3% and sits between 80.73 and 81.04. 4,444 US stocks fell on Friday following news of the […]
Bank of England governor Andrew Bailey acts as an inflation rocket, the highest in 30 years at 6%
Bank of England governor Andrew Bailey acts as an inflation rocket, the highest in 30 years at 6% The pound sterling has risen against the dollar and euro as the Bank of England raised interest rates for the first time since the pandemic. Warning that inflation is approaching its highest level in 30 years, […]
EUR/USD is still at risk of Omicron Covid
EUR/USD is still at risk of Omicron Covid EUR/USD fell on prospects that the EU will become the epicenter of the new covid strain, Omicron. As of this writing, EUR/USD is trading from 1.1277 to the lows of 1.1273 and 1.1286, with little or no change throughout the day in the early-week range. According to […]
Apple wins delay in Monopoly case, allowing App Store rules to remain in place for now
Apple wins delay in Monopoly case, allowing App Store rules to remain in place for now As part of an antitrust dispute between a technology company and Epic Games Inc, Apple Inc. won a grace from the US Court of Appeals on Wednesday by making changes to the App Store ordered by a federal judge. […]
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed Generally, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.17600. The Relative Strength Index on the four-hour graph is over 30, subsequently outside oversold conditions. Energy is to the disadvantage and the pair’s new adjustment has still […]
Call on commodities – All that glitters is Gold!
Call on commodities – All that glitters is Gold! Regardless of economic and political turmoil, it’s fairly clear that no other commodity boasts such a long-standing trust record. Considered a “safe-haven asset”, gold has the highest appeal for investors in the tough times of natural disasters, wars, monetary policy change, hyperinflation, or any sort of […]
What Made Bitcoin’s Last Bull Market Different?
What Made Bitcoin’s Last Bull Market Different? Bitcoin has encountered numerous positively trending markets, and this most recent one, which started in 2018, is particularly not quite the same as the last. Between late 2018 and the hour of this writing in November 2020, the computerized cash’s cost has climbed over 500%. Investigators have referred […]
Create Best Trading Account that Earns You Millions
Create Best Trading Account That Earns You Millions Trade is a way to grow your business by following the rule of buying and selling goods and services. For the financial market, the meaning of trading is the purchasing and selling of securities. However, the common way by which you can earn money is by using […]