Delve into the intricate world of Forex market analysis with our informative guide, detailing the crucial aspects of technical and fundamental analysis, vital indicators, and the strategies for interpreting and navigating currency value fluctuations effectively for informed trading decisions.
Early on Tuesday, major currency pairings move in very narrow ranges as traders avoid putting on big bets before US macroeconomic data is released. The Conference Board will release the Consumer Confidence report, while the American session's economic docket will include the February Durable Goods Orders and the January Housing Price Index. Additionally, market participants will continue to closely monitor any remarks made by representatives of the central bank.
The US dollar after a selloff late in the day. The US Dollar (USD) Index regained nearly 0.5% of its post-Fed decline on Thursday. As of Friday morning, the USD Index is still rising early; it was last seen trading above 104.00, which is the highest level it has reached. Later in the day, Jerome Powell, the Chairman of the Federal Reserve, will launch the Fed, policymakers have scheduled speeches for before the weekend.
Forex4you, a well-known online forex trading platform, has recently undergone a rebranding process and is now known as Markets4you.
Explore Bitkub Capital Group Holdings' strategic move to go public, aiming to enhance its position in the global fintech and cryptocurrency markets. With plans to list on the Stock Exchange of Thailand, Bitkub, Thailand's leading crypto exchange, prepares for a significant IPO amid growing market competition and aims to bolster its market dominance and shareholder value.
New Zealand’s Financial Markets Authority (FMA) warns against NZX Wealth Investments and its website nzxwealth.com. According to FMA, the website guarantees investment returns which appear to be unrealistically high. It is not authorised by, nor associated with the New Zealand company, NZX Wealth Technologies Limited.
FlexTrade has introduced a new trading platform in Australia in partnership with FP Markets, named Mottai Trader.
Choosing the right trading instrument is crucial for success in the dynamic world of forex and cryptocurrency trading. With a myriad of options available, from currency pairs to cryptocurrencies, it can be overwhelming for traders to make the best choice. In this article, we will discuss key factors to consider when selecting your trading instrument, empowering you to make informed decisions and maximize your trading potential.
Amid the vast opportunities of online trading, lurk hidden risks such as Ponzi schemes, deceptive practices promising high returns but often leading to financial ruin; as traders in the forex and cryptocurrency trading industry, it's imperative to remain vigilant and equipped with knowledge to identify and avoid such schemes.
Cobra Trading was fined $200K by FINRA for using influencers to misleadingly promote its services, violating regulatory rules on balanced information.
ACY Securities introduces live Copy Trading on Tradingcup, revolutionizing access to trading strategies for the community with a $52.6M investment to date.
The Financial Conduct Authority (FCA) issued a warning against firm called Blue Star Solution. The FCA has cautioned the public not to invest with this unauthorized broker. Here are all the necessary details about the firm.
The Central Bank of Nigeria (CBN) on Monday approved the sale of foreign exchange (FX) in a second batch to approved Bureau De Change (BDC) operators in response to the demand for invisible transactions.
The FX market is an international, decentralized, over-the-counter platform where currencies can be traded. The FX rates for each currency are set by this market. It covers purchasing, selling, and converting currencies at established or current rates.
Illegal firms lack proper licensing, leading to potential risks for clients who may not be protected in case of disputes. Consumers must be cautious when dealing with such firms.
Vantage Markets boosts its partnership with TradingView, enhancing trading efficiency and market accessibility for clients with advanced integration and educational resources.
Bitcore Pro, formerly known as Tradersplate, has allegedly been involved in several reported online trading scams. This scam typically involves various tactics: gaining trust through frequent communication, encouraging investments with promises of high returns, persuading victims to deposit larger sums, preventing fund withdrawals, and ultimately disappearing with the funds.
MTFX Group has solidified its position as a leading figure in the global foreign exchange and payment solutions industry over the past two decades. Founded in 1996, the company has carved out a significant niche for itself, recognized for its major contributions and innovative advancements in the sector. Despite not being regulated, MTFX has managed to become a market leader through a focus on technological advancements, customer service excellence, and competitive pricing strategies.
Fusion Markets, renowned as Australia's Lowest Cost Forex and CFD Broker, has recently forged a partnership with TradingView, facilitating traders to chart and execute trades directly on TradingView's platform.
In this article, we will conduct a comprehensive examination of Bokefx. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.