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11 April, 2022 – Daily FX Insight

MARKET NEWS SUMMARY Euro (EURUSD) The long-term trend for EURUSD looks bearish. On the 1-hour time frame, the price seems to be making a series of lower lows, indicating a further decline. Price is currently trading below the 20 period MA at the level of 1.0895. The RSI and MACD both show that the priceContinue Reading
Written on April 11, 2022 at 8:59 am
Categories: News Technical Analysis
Tags: Technical Analysis
11 April, 2022 – Daily FX Fundamental Update

Market overview French elections affect the Eurozone China’s COVID-19 worries the market Fresh inflation data coming this week U.S. Dollar strengthening FOREX U.S. Dollar Index (USDX) The U.S. dollar edged higher in early European trades on Monday, helped by the continued strength of the U.S. bond yields. The U.S. Dollar Index traded 0.2% higher atContinue Reading
Written on April 11, 2022 at 8:55 am
Categories: News Fundamental Analysis
April 8th – DAILY FX INSIGHTS

MARKET NEWS SUMMARY Sterling Pound (GBPUSD) From the daily time frame, the overall trend for the Cable is bearish. However, from the hourly time frame, GBPUSD seems to be moving horizontally after an initial break to the downside. The RSI and MACD are within the centre-line which shows that price is likely to keep movingContinue Reading
Written on April 8, 2022 at 6:38 pm
Categories: News Technical Analysis
Tags: Technical Analysis
Why Do Beginner Traders Lose In FOREX More Than Equities?

The fact that most traders lose their money in the FOREX more than Equities, might be scary for new traders. But we are here to help clarify the reasons and provide a way to avoid the stereotype. Misunderstanding The Purpose Of Each Market The main difference between these markets is that the equity market isContinue Reading
Written on April 8, 2022 at 5:46 pm
Categories: News In the Spotlight
Tags: Article
FOREX is better than the NFT Market?

What is the NFT? Why investment professionals do not recommend investing in NFT market? Why are major brokers not yet offering NFT instruments? How can a trader benefit from the NFT market without investing the new market? What is the NFT? The non-fungible token (NFT) was an unknown concept until recently and has now becomeContinue Reading
Written on April 8, 2022 at 12:51 pm
Categories: News In the Spotlight
Tags: Article
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