Australian finance minister: Backdrop of an economic and fiscal outlook remains highly uncertain
The finance minister, Mathias Cormann, is talking in Canberra. He has stated that there are fiscal supports that the Australian government has put in
Read More »NEXT TRADING STRATEGY IN USD JPY
USD JPY is trading sideways since 1st July after touching high near 108.00 , no meaningful downside is witnessed since then. It is right that forex market is passing through…
Read More »Simple Moving Average: How to Calculate and Day Trade with It
Moving averages are among the most common types of technical indicators in the financial market. If you watch financial media like CNBC and Bloomberg regularly, you must have heard about…
Read More »Gold Price Prediction: XAU/USD rising wedge pattern breakdown looms
After gold prices hit an eight-year high on Wednesday this week, consolidation took over. Investors saw the US dollar gain traction following the maje
Read More »Euro Forecast: Choppy Trading Likely in EUR/USD on Quarter-End Flows
The coming week sees the start of a new month and a new quarter, when portfolio rebalancing could result in turbulent trading in major assets, including EUR/USD and the Euro…
Read More »NZD/USD Rate Vulnerable Following RBNZ as RSI Snaps Bullish Formation
NZD/USD may continue to give back the advance from the start of the month as the Relative Strength Index (RSI) snaps the upward trend carried over from March.
Read More »ETFs: Complete Guide to Day Trade Them!
There are many financial assets you can trade in the market. Among the most important assets are stocks, commodities, bonds, and Exchange Traded Funds (ETFs). In this report, we will…
Read More »Trading the Bearish & Bullish Engulfing Pattern
There are several types of candlestick patterns. We have just covered several patterns, including morning and evening star, dark cloud cover, and hanging man among others. Today, we will continue…
Read More »What is Market Capitalization?
Market Cap (short for Market Capitalization) denotes the total value of a company’s shares in the public market. It is found by multiplying the current market price per share by…
Read More »Gold Price Analysis: XAU/USD bearish case for the contrarians out there
The price of gold has lost steam of late. While the upside case has been made loud and clear, there are arguments for a deep correction, not just stem
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