Top 7 Trading Strategies for Beginners on Xtreme Markets
Top 7 Trading Strategies for Beginners on Xtreme Markets Trading in financial markets can seem daunting, especially for beginners. Whether you’re trading stocks, forex, or cryptocurrencies, it’s essential to have a clear strategy in place. Xtreme Markets, known for its diverse offerings and cutting-edge technology, provides a great platform for new traders to test their […]
Why Reading Analyses is Essential for Trading
Why Reading Analyses is Essential for Trading Over time, we’ve received comments questioning the necessity and usefulness of reading analyses for trading. These remarks have persisted for some time, so we’ve compiled a list of common criticisms along with responses to address each one. Why Should Traders Read Any Analysis? Forex trading is complex, and […]
Choosing the Right Copy Trading Platform
Choosing the Right Copy Trading Platform Copy trading has become a significant game changer in the world of online trading, particularly in forex markets. It allows individuals to mimic the trades of experienced and successful traders, potentially leading to significant profits. However, with a plethora of options available, selecting the right copy trading platform can […]
Forex Spreads Trading Strategies and Tips
Forex Spreads Trading Strategies and Tips Navigating the forex market requires a solid grasp of various trading strategies, and understanding forex spreads is critical for any trader looking to make a profit. Forex spreads, the difference between the bid and ask price of a currency pair, is essential in calculating the cost of trades. In […]
Ahead of the Manufacturing PMI, XAU/USD is expected to fall
Ahead of the Manufacturing PMI, XAU/USD is expected to fall In the New York session, the gold price (XAU/USD) broke down from its prior consolidation in a $1,846.20-1,864.16 range. The precious metal has been very volatile as investors prepare for the Federal Reserve (Fed) to increase the scope of its aggressive stance in June. Inflationary […]
A Busy Economic Calendar Puts the EUR, the Loonie, the Pound, and the U.S Dollar in Focus
A Busy Economic Calendar Puts the EUR, the Loonie, the Pound, and the U.S Dollar in Focus Technical Market Analysis EUR/USD Looking out to the pair, the price has already given the dip of 30 pips as the US dollar strengthened, by the mid of Thursday noon EUR/USD had been pushed up by the SMA […]
Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict
Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict The Dollar Stabilized versus major currencies on Wednesday as traders were waiting for U.S. Federal Reserve minutes, Although bitcoin dropped after China halted its financial institutions from offering services related to cryptocurrency assets. The minutes from the Fed’s most recent meeting is going to […]
Everything you need to know about Stop Loss And its Importance?
Everything you need to know about Stop Loss And its Importance? The spontaneous closing of our trade when the price touches a specific level is Stop loss. Normally, when an order is opened we have the option to enter our stop loss level. There are 2 types, if we place a sales order then […]
Dollar Constant as Traders Support for more U.S. Data
Dollar Constant as Traders Support for more U.S. Data After its recent bounce on Monday, the Dollar straightened as investors made a cautious start to a week packed with central bank meetings and U.S. economic data, anticipating evidence on the global inflation outlook and policymakers’ responses. Trade was reduced by holidays in Japan, China, […]
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance The Dollar was high on Friday Morning in Asia but ready for a fourth successive week of losses because the US Federal Open market Committee met this week and decided to keep interest rates steady, near zero. The U.S. Dollar Index traces […]
Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy
Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy The Dollar declined on Thursday morning in Asia, as the U.S. Federal permit in its most advanced policy decision the global reflation trade with persistently aggressive monetary policy. The U.S. Dollar Index traces the greenback against a basket of other major currencies slightly down […]
The Dollar Declined Amid ECB Policy Decision
The Dollar Declined Amid ECB Policy Decision The Dollar Declined on Thursday Morning in Asia, remaining near multi-week lows as declining gains in U.S. Treasury yields shrunk the U.S. Currency’s interest-rate benefits. The U.S Dollar Index traces the greenback against a basket of other currencies slightly down by 0.03% to 91.105. The USD/JPY pair […]
Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks
Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks Asian Shares and U.S. Stock Futures declined on Wednesday as concern about the renewal of COVID-19 cases in some countries creates an immense tension over the strength of global growth and demand for crude oil. Euro stoxx 50 futures up 0.28%, Germany’s DAX futures […]
The Dollar Elevated after Treasuries Enfeeble Current Strength
The Dollar Elevated after Treasuries Enfeeble Current Strength The U.S currency was high on Friday Morning in Asia however, was ready to call off the week with a terrible successive weekly drop in 2021. The U.S. Dollar Index traces the greenback slightly up by 0.10% to 91.713 against the basket of other currencies. The […]
Choosing the Best: Meta Trader 4 Vs Meta Trader 5
Choosing the Best: Meta Trader 4 Vs Meta Trader 5 Trading online is quite popular these days. Just like the rest of the things that we do online, trading can also be done with ease and convenience. The convenience and reliability factors are paramount for trading in an offline mode and they become equally […]
The Dollar Ascended As Traders Awaits for Inflation Data
The Dollar Ascended As Traders Awaits for Inflation Data The Dollar Elevated against the major currency on Tuesday following almost a three-week low, Cheered by a bump in Treasury Yields, as traders were looking for the strong anticipated U.S Inflation Data later in the day. The greenback has moved back alongside U.S. yields this […]
Surprise Replacement of Central bank Governor Elevated Dollar
Surprise Replacement of Central bank Governor Elevated Dollar The Turkish Lira subside against the Dollar following President Tayyip Erdogan replaced the Central bank governor Naci Agbal over the weekend due to the high-interest rate. The U.S. Dollar Index Slightly Up 0.16% to 92.073 against the basket of other currencies. The USD/JPY pair was slightly […]
Dollar Elevated as Treasury Yields climbs with Persistence Inflation Worries
Dollar Elevated as Treasury Yields climbs with Persistence Inflation Worries The U.S Currency was high on Monday morning in Asia, hold up by a rise in benchmark Treasury yields to more than one year high because of persistence treat in regards to high inflation. The U.S. Dollar Index inched up 0.08% to 91.748 against […]