Protect Your Portfolio in the Storm | What Are Safe Haven Assets?
Gold surged to an all-time high on Tuesday, driven by renewed weakness in the US dollar, ongoing trade war tensions, and critical remarks from President Donald Trump aimed at the Federal Reserve. These factors fuelled strong demand for safe-haven assets, pushing bullion above US$3,485 an ounce for the first time. But what exactly are safe haven assets? Why is everyone raving about them?
Why Studying A Lot Doesn’t Work | When Technical Analysis Fails
Technical analysis is the go-to toolkit for countless investors. Candlestick patterns, moving averages, MACD signals, Elliott Waves—you name it, there’s a chart or model for it. Many spend years perfecting their craft, poring over price patterns and back testing strategies. Yet, despite all this effort, a large number still lose money. The reason? It’s not the tools as they’re merely instruments. It’s the human behind them that falters. In particular, wishful thinking and emotional bias often sabotage disciplined execution.
Could Global Uncertainty Be Driving Interest in Bitcoin?
Ongoing tensions between the United States and China appear to be influencing the way investors manage their wealth. As fears of new tariffs and a possible devaluation of the Chinese yuan continue to circulate, it is suggested that cryptocurrencies like Bitcoin may be gaining traction as alternative stores of value.
Germany's Election: Immigration, Economy & Political Tensions Take Centre Stage
Germany is set to hold a crucial general election on 23 February 2025, with voter frustration over migration emerging as a dominant issue.
Currency Fluctuations: What It Means When a Country's Currency Rises or Falls
When a country’s currency appreciates or depreciates in value, it reflects the underlying shifts in its economy and global market dynamics. For forex traders, understanding what drives these fluctuations—and how to strategically prepare for them—can make the difference between profit and loss in an ever-volatile market.
Ringgit Retreats Against US Dollar Amid Profit-Taking
The Malaysian ringgit saw a slight retreat against the US dollar on Thursday, pulling back from its recent rally as investors cashed in profits following its substantial appreciation.
Trading Gurus Could Use Fake Account Balances to Scam You!
Many of so-called experts are scamming unsuspecting followers by faking their account balances and trading results. This article delves into how these fraudsters use the MetaTrader 4 platform to deceive their audience.
Top 5 things to watch in markets in the week ahead
The focus of this week's economic calendar will be the release of U.S. employment data on Friday, as investors hope for signs that the economy is heading for a smooth landing. Following a strong performance for stocks in the first quarter, attention now turns to the beginning of the second quarter. Monitoring of intervention possibilities continues for the yen and the yuan, while market participants keep a close eye on data releases from the Eurozone and China. Here's a rundown of key developments to kickstart your week.
How to Use Fibonacci Retracements
Fibonacci retracement is widely utilized in technical analysis. Traders leverage Fibonacci retracement to identify levels of price correction by drawing horizontal lines on price charts, marking potential support and resistance levels. This aids in predicting price adjustments and reversals, enabling traders to better grasp market trends and formulate effective trading strategies.
WTI hovers around $77.00 with a positive momentum, focus shifts to US PCE, Oil Rig Count
West Texas Intermediate (WTI) oil price pauses its two-day winning streak but is anticipated to conclude the week on a positive note, trading near $77.00 per barrel during the Asian session on Friday.
FCA Warns an Unauthorized Broker Named 'Sapphire Markets'
On December 7, the UK's Financial Conduct Authority (FCA) regulator warned against an unauthorized broker called Sapphire Markets, reminding the public to be aware of financial safety.
Five Websites Warned! BCSC Alerts About TopMarkets
On January 4, 2024, the British Columbia Securities Commission (BCSC) warned an unlicensed broker called TopMarkets.
How to Swing Trade | Real-World Example
Swing trading, as a form of short to medium-term market speculation, presents both opportunities and risks.
Day Trading: The Basics | How to Start | Strategies
Day trading refers to the trading strategy of buying and selling the same financial instrument within the same trading day. This type of trading typically involves stocks, futures, forex, or other financial assets. The strategy aims to capitalize on the inevitable price fluctuations during the trading day by executing multiple trades and accumulating several small profits.
Swing Trading | How It Works | Pros and Cons
Swing Trading is a mid-term trading strategy that aims to capture the short to medium-term fluctuations in asset prices within a trend.
Understanding VIX | Tracking Volatility With the VIX
VIX is one of the most recognized indicators for expected market volatility, reflecting the market's anticipation of volatility in the S&P 500 index options market for the next 30 days.
Top Technical Analysis Tools for Forex Traders
Technical analysis refers to the study of historical information in financial markets through charts, aiming to predict future price trends and determine investment strategies. This article lists 10 commonly used technical analysis tools.
Technical Analysis & Forecast 26.12.2023
EURUSD continues developing a growth wave to 1.1040. Upon reaching this level, the quotes might form a corrective link to 1.0986 (a test from above). Next, a rise to 1.1055 is expected, possibly followed by a new decline wave to 1.0888.
The 4 Most Common Indicators in Forex Trend Trading
The trend trading strategy is a common and effective approach in the forex market, and it involves the use of four common indicators—Moving Average, Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and On-Balance Volume (OBV). These indicators offer rich market information and trading signals. Traders need to use these indicators judiciously, considering risk management, to continually enhance their analytical skills and market insight, leading to better trading outcomes.
Gold Prices Surpass $2,100, Signaling Prolonged Upside in 2024
The recent surge in gold prices, reaching an impressive $2,100 per ounce on Monday for the second consecutive day, has become a focal point for investors, hinting at a potential trend that might endure into the forthcoming year. This remarkable ascent is attributed to various pivotal factors expected to significantly influence the performance of this precious metal in the near term.