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Spread is one of the basic terms of forex trading and investing.
News
Gold opened 2020 with a striking momentum, hitting as high as $1,950/ounce.
NewsGiven the current downside momentum, we think the gold market is headed for a retest of the long-term retracement zone at $1780.50 to $1705.20.
IndustryProduction is expected to decline in 2021
IndustryThe crude oil markets initially rallied during the course of the week, but then gave back the gains to form shooting stars in both grades that I follow.
Industry
The latest talking point in financial markets comes from the soaring US 10-Year Treasury yield.
NewsSilver markets have gone back and forth during the course of the week, showing signs of confusion in choppiness as we do not quite know what to do next.
IndustryUSD/CAD failed to settle below 1.2625 and rebounded back above 1.2700.
IndustryThe silver markets have broken down a bit on Friday, as the $26 level has offered resistance again. That being said, we have not completely broken down yet.
IndustryThe US dollar has rallied initially during the week, to break above the ¥104 level. However, the market has turned around to show signs of exhaustion.
IndustrySilver is testing the support level at $25.00.
Industry
Trading is a mental game to a large degree, in which illusions will ruin traders confidence.
NewsWe‘re looking for today’s early weakness to continue as long as the EUR/USD remains on the bearish side of the 50% level at 1.2187.
Industry
Spread is one of the basic terms of forex trading and investing.
NewsMeanwhile, Retail Sales declined by 0.7% in December.
IndustryRangebound due to mixed weather signals.
Industry
The US President-elect Joe Biden unveiled a much-anticipated coronavirus rescue plan a few minutes before press time, promising $2,000 in stimulus cheques to Americans, social equity, infrastructure spending, and a potential minimum wage of $15 per hour.
News
There are many unscrupulous people who will try to scam individuals through Forex trading scams. Scammers are always somewhere nearby, trying to steal your money.
News
Spread is one of the basic terms of forex trading and investing.
NewsThe US dollar has been somewhat interesting to pay attention to against the Japanese yen, because it does look like it is trying to change the overall trajectory.
Industry
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2021/1/15 13:50:12
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