Category: Forex Trading Tips and Strategies
Silver Star FX and Bot Creator to Pay $15.6 Million Fines
The regulatory body in charge of trading operations in the United States made a public announcement yesterday on its receipt of the court’s approval to…
US Dollar Index Weakens Amidst COVID-19 Fears
The US Dollar index (DXY) declined below 93 as the market mood continues to be affected by the possible economic effect of the COVID-19 delta…
USD/JPY Price at Equilibrium Levels as Bears’ And Bulls’ Gain Momentum
The price of USD/JPY has been an interesting trend on the currency market as the movement over the recent days has seen several rapid changes….
CySEC Lifts Libertex’s Suspension
Fourteen days after Cyprus financial regulators suspended Libertex from running its operations, it has rescinded its decision. CySEC announced lifting Libertex’s suspension through its official…
What is Position Trading in the Forex Market?
Considering the forex market is still a place where both retail and institutional actors are actively searching for new trading opportunities, the major approaches are…
Insignificant Changes to BOE Policies Cause More Decline to The EUR/CHF
Thanks to the Brexit trade deal between the United Kingdom and the European Union, the EUR/GBP has been bearish since early this year. Unfortunately, the…
Canadian Dollar on The Rise As BoC Might Hike Rates
A new Reuters survey shows a higher prediction for the Canadian dollar because experts anticipate a hike in interest rates by the Bank of Canada…
US Dollar Weak Despite High Expectations From Non-Farm Payrolls Report
Right now, the US dollar is weak on all trading sessions. It’s low compared to the competition because traders aren’t taking new entry positions as…
Gold Receives Numerous Supports, Trades Above $1,806
Gold is exchanging hands with a somewhat negative inclination at the $1,806 level. This is on the grounds that the US Treasury Yields on the…
US Dollar faces new pressure after Powell discloses his position
Jerome Powell, reveals his stance on the new tension faced by the Greenback. US Central Bank devises means of Strengthening the economy China takes…
