Are you ready to unlock the power of forex trading indicators and take control of your investments? In the dynamic world of finance, understanding the significance of indicators is your key to success. Meet MACD, the Moving Average Convergence Divergence indicator, your ultimate ally in navigating the markets. In this blog, we’ll demystify MACD, providing
Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: Bitcoin rally fizzles ahead of a vital hurdle. ETH/USD falters at key resistance. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Get Your Free Introduction To Cryptocurrency Trading BITCOIN: Lacks upward momentum Bitcoin’s inability to retest a vital ceiling at the
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro is on course for an 11th consecutive weekly loss Retail traders maintaining increasingly bearish bets EUR/USD on course to set new lows for this year? Recommended by Daniel Dubrovsky How to Trade EUR/USD The Euro fell about -0.5 percent against the US Dollar on
What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum. The stochastic readings
© Reuters. FILE PHOTO: Currency dealers work in front of electronic boards showing the Korean Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won at a dealing room of a bank, in Seoul, South Korea, March 16, 2023. SEOUL (Reuters) – South Korea said on Tuesday it
After September PMI data showed a stall in overall activity for the second consecutive month, the USDIndex lost some of its gains after reaching 105.43 in Friday’s trading [22/09]. The USDIndex gained +0.19% on carryover support from Wednesday, when the FOMC signalled one more +25 bp rate hike this year and projected that next year’s
Goldman Sachs says that while a sustained climb in oil prices could slow consumption and economic growth it will be a “manageable headwind” for the U.S. economy. “While we forecast consumption growth to slow during the fall and winter, we think higher oil prices are unlikely to cause consumer spending and GDP to decline” The