In this video, I explain to you the basics of Forex Trading. It’s perfect for you if you are a beginner forex Trader. If you have any questions or need help send me a message on Telegram https://t.me/raphael_palmdale
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NASDAQ steps 2 day losing streak The major indices all closing higher. The small-cap Russell index at its best day since July 15 rising by 2.65%. The NASDAQ index snapped it’s 2 day losing streak. All 11 sectors of the S&P index closed higher. The US indices are trying to rebound after back to back weekly
Amid the on-going Sino-American tussle, the Trump administration silently eased stance towards China and Hong Kong. This comes after the “US State Department said on Monday it had eased a travel advisory for Americans considering travel to China or Hong Kong from ‘Do Not Travel’ to ‘Reconsider Travel.’, as per Reuters. Key quotes The State
In a nutshell, the bill was to put a stop to Johnson breaking the treaty. The bill failed. So, a win for Boris. Not the final word though – still plenty more to come in the days ahead on this. As I post a vote on Johnsons bill is taking place. For bank trade ideas,
LONDON: World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and recover more slowly than expected next year, OPEC said on Monday, potentially making it harder for the group and its allies to support the market. World oil demand will tumble by 9.46 million barrels per day (bpd)
Trading in the forex markets remain generally subdued for now. While US stocks are set for a rebound, currency traders are not to bothered with that. Sterling is so far the stronger one for today, as traders take profits on shorts, ahead of of the string of UK data, BoE and Brexit developments. Australian Dollar
According to a study published by cybersecurity firm, Aqua Security, cloud servers remain a major target for cryptojacking — a type of attack whose main motivation is to mine cryptocurrencies. The “2020 Cloud Native Threat Report” states that between the second half of 2019 and the first half of 2020, attacks of this nature surged
EURUSD above key MAs and trend lines… The EURUSD peaked on September 1 at 1.20105. The move above the key 1.2000 level was short and sweet (only a part of an hourly bar). Looking at the daily chart above, the subsequent move lower took the price last week to a low of 1.17518. That was
NZD/USD is edging higher after finishing the previous week in the red. US Dollar Index retreats toward 93.00 on Monday. Risk-on market environment makes it difficult for the USD to find demand. The NZD/USD pair registered modest daily gains on Friday but closed the week modestly lower. With the market sentiment turning positive at the
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
NEW DELHI: Barring zinc and lead, all metal, bullion and energy counters were trading with gains on Monday ahead of the US Federal Reserve’s policy meeting. Gold was up 0.21 per cent while silver added 0.39 per cent. In the base metal block, barring zinc and lead, all counters rose with copper gaining the most
Renewed uncertainty of Brexit talks, sharp selloff of sterling last week and increased speculations of further rate hike have made this week’s BOE meeting a closely-watched one. While the central bank is expected to leave the policy rate and QE unchanged at the meeting, we anticipate it to deliver a dovish message and signal further
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The 100 week MA comes in at 1.27448 The GBPUSD’s high for the week was on Monday at 1.3256. The low was reached on Friday at 1.27614. The high to low trading range was an oversized 515 pips (highest since March 22 week). The price action was a trend move lower (although Wednesday did close
Telegraph came out with the story suggesting a delay in the UK’s much-awaited budget during the early Monday morning in Asia. The news cited anonymous sources to suggest that the Chancellor Rishi Sunak searched for leeway to announce the budget amid the coronavirus (COVID-19) resurgence. Key quotes Treasury sources say Chancellor wants ‘flexibility’ to hold