Some of the most common emotions traders experience include fear, nervousness, conviction, excitement, greed and overconfidence.
India will enter a technical recession this week with the economy set to contract for a second consecutive quarter. The pace of contraction, though, is likely to be significantly below what was seen in the first quarter of the year. GDP data for the July-September quarter is due to be released on Friday.
Oil prices were mixed on Friday in quiet trade due to the U.S. Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1% amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic.
Looking for the Holy Grail, the miracle indicator that will do everything for them and especially make them earn fortunes everyday, here is the daily quest of many traders.
WTI on Wednesday found some stability at $45.0 and climbed to an intraday high of $46.24, an eight-and-a-half-month high since Mar. 6.
A glut of cash chasing assets in India has caused short-term rates to plunge.
The IMF projects that the global economy will shrink by 4.4% in 2020, followed by a 5.2% rebound in 2021, supporting a V-shaped recovery.
Gold prices traded lower to $1,825 on positive vaccine news.
US stocks rallied toward records, oil surged past $45 and the dollar fell as the formal start of President-elect Joe Biden’s transition spurred investors into risk assets.
NZD/USD Outlook: Kiwi Flying High, NZD Looking Overvalued
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On Monday, WTI crude refreshed the recent high to $43.35 with an intraday gain exceeding 2%.
S&P Global Ratings on Monday expressed scepticism over allowing corporate ownership in banks given India's weak corporate governance amid large corporate defaults over the past few years.
Many Forex traders ask what determines the value of a currency, and which are the elements that move with its change in the currency chart.
Recently, the US Treasury requested a cut in monetary policy. As a result, the decline of the dollar came to a standstill.
WikiFX Exposure recently received a complaint about the broker EIG (Elita Invest Global) in Hong Kong.
Investors can make good use of MACD technical indicators and other technical indicators for common use.
Recently, investors have made a mass of complaints to WikiFX Exposure about the broker ALPHA TRADEX. The number of people involved and the amount of money involved in the case are so large that have attracted the attention of the local police.
Gold is currently trading near $ 1,872 an ounce, having nearly tested the 200-hour simple moving average (SMA) of $ 1,876 a few minutes before the press time. Buyers failed to gain a foothold above that average on Friday.
From high-speed internet has become available to almost all, online trading is very popular these days. Today any person can trade at any place any financial instrument.
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