Determining Position Size During Forex Trading For day traders and huge investors alike, the process of determining a position size during trading is of major concern. While trading, it is crucial to set a predetermined amount of a commodity or stock that is to be accumulated. However, since this is…
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Are you into financial markets, such as the stock market, foreign exchange, or even cryptocurrencies? Are you confident about your speculation game? Are you looking to make profits from the change in assets’ values without actually buying them? Answered ‘yes’ to any of the questions above? Congratulations. You have landed…
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One of the most common risk evaluation methods while carrying out forex trading involves determining the pip value. Forex trading deals with the exchange of currencies which, in turn, benefit internal trade. Therefore, the role of a pip is involved in calculating the rates that individuals in the market pay…
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Every individual can trade online through the best forex trading online websites. But to be a top trader takes more than investment capital. As the opportunity is open for all, everyone would like to get into trading. But it is highly impossible to excel in forex trading unless you have…
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AUD/USD: Wave Analysis Report 27 May 2021 The pair may fall. On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C. Now, the wave A of (2) has formed, the wave B of (2) has…
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Current Trend: Gold Continues Corrective Growth Gold quotes correct, currently trading at $1,875 per ounce. The main support for the quotes of the XAU/USD pair was provided by a significant drop in the digital assets sector. Some time ago, analysts called BTC a new alternative to gold for capital protection but in…
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Foreign currency exchange is a reliable business venture. But to gain profits, you have to choose a reliable forex broker. Choosing a good broker is not a difficult task, but rather a task that should be approached with a lot of concern and after doing the required research. This blog…
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Investing can be a challenging task as investors are constantly required to keep in mind their investments, speed, achievements, downfalls and many more. All these aspects collectively make an economic realm of investing, and the cumulative association of an Introducing Broker (IB) and introducing broker program or online brokerage platform…
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EUR/GBP: Ichimoku Indicators Analysis 21 May 2021 EUR/GBP: H4Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span has crossed the price chart from below, current cloud is going to reverse from descending to ascending. The instrument has entered the…
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GBP/NZD: Ichimoku Indicators Analysis 21 May 2021 GBP/NZD: H4Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the blue line is directed upwards, while the red one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is ascending. The instrument is trading above Tenkan-sen…
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XAU/USD: Wave Analysis Report 21 May 2021 The pair may grow.On the daily chart, the third wave of the higher level (3) formed, a downward correction developed as the fourth wave (4), and the formation of the fifth wave (5) started. Now, the first wave of the lower level 1…
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EUR/USD: Fundamental Analysis Report Current trend: correction after the publication of the FOMC minutesEUR declines amid the publication of the last Meeting Minutes of the US Federal Reserve Committee (FOMC), where it was noted that the national economy was recovering at a steady pace after the pandemic and regulatory intervention…
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USD/CHF: Wave Analysis Report 20 May 2021 The pair is in a correction and may grow. On the daily chart, the first downward wave of the higher level (1) of 3 developed, and an upward correction develops as the wave (2). Now, the wave A of (2) has formed, and…
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USD/CAD: Wave Analysis Report 20 May 2021 The pair may fall. On the daily chart, the downward wave of the higher level (C) of 4 develops, within which the fifth wave 5 of (C) forms. Now, the fifth wave of the lower level v of 5 is developing, within which the…
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Trading in modern times can be an excellent means to diversify a more extensive portfolio or to benefit from distinct forex strategies. However, various factors in the trading market have transformed drastically, and people must understand the market well before they start forex trading online. Even the most skilled traders…
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EUR/USD: Fundamental Analysis Report This week, the EUR/USD pair resumed its growth and is now trading in the area of 1.2220. Today’s April data on EU inflation rose by 1.6% YoY and by 0.6% MoM. The increase in indicators was provided by the growth in prices for electricity services.…
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USD/CHF: Fibonacci Analysis Report 19 May 2021 USD/CHF, D1 On the D1 chart, the price has broken down all major resistances and is now testing the level of 0.8955 (61.8% ascending fan line). Its breakdown will give the prospect of price return to the point of the beginning of…
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XAU/USD: Fundamental Analysis Report Current trend: development of upward dynamics Gold price reached the resistance level of 1871.00 amid falling USD to the lowest since the end of February. The positive dynamic is associated with investors' fears about the growing inflation in the US and the USD Index fall, which…
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GBP/USD: Fundamental Analysis Report Current Trend: investors trust the british currency againThe GBP/USD pair grows, trading within a global uptrend around the level of 1.4184, supported by news of another easing of quarantine restrictions. Since yesterday, quarantine measures for the service sector have been significantly eased, and cinemas, museums, restaurants, cafes,…
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XAG/USD: Wave Analysis Report 18 May 2021 The pair is in a correction, a fall is possible. On the daily chart, the first wave of the higher level (1) of 3 formed, and a downward correction develops as the wave (2) of 3, within which the wave C of (2) forms.…
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