Overview: Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY, USD Index, and S&P 500. Key Trading Levels – AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY, USD Index, & S&P 500 from ACY Securities Australia on Vimeo. Read the updated analysis below:
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After emerging from the deep crisis caused by the coronavirus pandemic, the global economy faces new disastrous scenarios with soaring inflation. After the inflation was anemic for some years, despite numerous attempts of central banks to revive it and push from the zone well below targets, the price growth suddenly exploded in the past few
Yesterday in New York, should have been the usual bounce back day for stocks? Instead, while there was some attempt, the market settled back toward the previous day’s lows. This is a somewhat precarious situation and encourages our view that the ‘day and technical traders’ were caught enthusiastically long. While the real money funds were
Read the updated analysis below: · AUDJPY has reversed at the 90.29-71 monthly resistance area and is now targeting 87.28 last week’s low. · AUDUSD has reversed at the 0.7030 daily resistance level and is now targeting the 0.6826 monthly support level. · EURJPY has reversed at the 136.49 daily resistance level and is now
While FX markets have calmed down somewhat, the Federal Reserve is still on an aggressive rate hike path that could see rates in the U.S. rising above 3% next year. Furthermore, geopolitical tensions remain high, and the conflict between Russia and Ukraine could drag on for a prolonged period of time. From a technical perspective,
On Monday, Bitcoin was down 3.6%, ending the day around $29.9, but is trading back above $30K on Tuesday morning. Ethereum has little changed over the past 24 hours (-0.4%), remaining near $2000. Other altcoins from the top 10 changed in price from -2.7% (Polkadot) to 1.2% (Solana). Total crypto market capitalisation, according to CoinMarketCap,
The devastating events of the past few months have put the financial markets in a tight spot with tremendous global effects. As a trader, you have probably witnessed the impact of these events when it comes to your daily investments. Almost every asset class of the markets have endured shockwaves, making traders unsure of their
We have reached the final stage of the nomination process of the Ultimate Fintech Awards 2022. The time has come to cast your choice. There is less than one week to go before the deadline, and nominations are coming in thick and fast. In other words, it’s now or never! Ceremony Overview The awards show
STEPN (GMT) is a so-called ‘move-to-earn’ crypto token that was launched back in the summer of 2021. However, the price of STEPN has recently picked up the pace and sprinted ahead, leaving competing cryptos in the dust. GMT price has surged over 3500% over the last month, going from just over $0.10 to $3.89, a
Higher inflation is generally considered to be negative for inventors and lower expectations of higher profits, putting downward pressure on stock prices. The stock market obviously includes certain inflation each year and adjusts what the expected returns should be in relation to the expected inflation. In the case for example inflation is 2% per annum
In the latest step to achieve its vision of establishing a global presence, multi-asset online broker Kwakol Markets has launched Kwakol Funds Ltd. in New Zealand. Incorporated under the 1993 Companies Act, in March 2022, Kwakol Funds will host institutional clients trading through PAMM accounts, while offering the Kwakol Invest platform for retail traders. The
The International Monetary Fundincreased the weighting of the dollar and Chinese yuan in its review of the currencies that make up the valuation of its Special Drawing Rights (SDR). The SDR is used as an international reserve asset. The IMF raised the U.S. currency’s weighting to 43.38% from 41.73% Yuan to 12.28% from 10.92% euro’s
Luna — recently at top-5 crypto — has imploded down to nearly nothing. It’s been shattered along with a disastrous plan to use it to back the UST stablecoin. Both are in shambles. Yet the amount of people I’m seeing say some variation of this is sky high, both online and in my real life.
LiteFinance has provided brokerage services since 2005. The company’s favorable trading conditions have attracted more than 1 million active traders. LiteFinance’s clients can access the latest analytical materials, signals, and training articles to make forecasts easier. They can trade in Classic or ECN accounts with tight spreads and at the best prices in the Forex,
Over one million traders have chosen LiteFinance to trade in the financial markets. The company has designed one-of-a-kind services for smooth and successful trading: a dedicated online platform, a copy trading Copy Trading Copy Trading allows individuals in the financial markets to automatically copy positions opened and managed by other selected individuals. This can take
The current challenges faced by traders in the financial markets serve as catalysts for online brokers to upgrade their trading offers. The latest example is the popular trading provider easyMarkets, which has recently announced the expansion of its platform offering. As of now, traders working with this company have access to MetaTrader 5, one of
The common saying is that 90% of traders lose money in the markets. That’s not an encouraging statistic for someone who wants to start trading, but there are some key reasons why most traders lose and knowing them can help you to avoid the same mistakes and increase your chances of success. The first mistake
The Nasdaq index correcting to its pre-covid high would be something, right? It would be a 41% drop from its all time high, more than the 31% drop when the covid crisis hit. The question is can it go that much low? The current economic environment is certainly bad for the stock market with recession
With growing concerns over transparency in the stock market and reliability in online trading, traders are now on the lookout for better, more elegant, and more reliable brokers. In the newfound era of retail investor, pioneered by many social media platforms, the necessity for reliability and transparency in online trading has never been more important.
About the Awards Ceremony The awards show recognizes the best brands in the B2B & B2C online trading and fintech space. Ultimate Fintech, the full-service marketing agency and producers of the legendary iFX EXPO, are orchestrating a night to remember where the upper echelon of the industry go head-to-head to be crowned the best in
The calendar for the week after the NFP is usually light in economic events, but this doesn’t mean there can’t be opportunities in the FX market. Traders will be paying attention to the US inflation which will be in the spotlight with expectations to keep rising. The US PPI m/m data will also be closely
Leverage is the dirty little secret of financial markets in the low interest rate era. Trades are often measured in simple percentage terms but the routine use of leverage magnifies everything. It wasn’t always this way but the era of cheap money has led to an infatuation with leverage. This is most-evident in the bond
The Hong Kong Monetary Authority is Hong Kong’s central bank. raised the base rate by 50 basis points to 1.25 percent on Thursday Background to the move from the HKMA: The base rate is the interest rate forming the foundation upon which the Discount Rates for repurchase-agreement transactions through the Discount Window are computed The
There’s an industry built around guessing what will come next but not nearly enough is written about trading headlines. Baseball players don’t where they’re going to swing until the pitch comes. The May 4, 2022 FOMC decision and press conference was a perfect example. Markets were choppy and volatile in the run up to the
It’s that time of year again. Something big is being prepared by the Ultimate Fintech team and they plan on putting you at the centre of it all! Welcome to the iFX EXPO, the world’s first and largest financial business to business exhibition. This year, iFX EXPO International 2022 is going to be bigger than
Today, investing in stocks via computer or smartphone has become mainstream. But in the past, when stock investments were not entirely digitized, companies needed to issue paper-based stock certificates to provide their shareholders evidence of their stock ownerships. Stock Certificates Explained Stock certificates are proof of ownership of shares provided by the issuing company to
While an initial public offering (IPO) is the most common way to take a company public, other options exist for making a firm’s shares available to the public markets. One of those is through a reverse takeover (RTO) or reverse merger. Reverse Takeover Explained An RTO or reverse merger is a process where a private
Roll out the red carpet and put on your best suits, the Ultimate Fintech Awards 2022 are here! About the Awards Ceremony The awards ceremony aims to recognise top brands in the B2B & B2C online trading and fintech space. The industry’s elite will be battling it out for a multitude of potential awards carefully
https://www.forexlive.com/news/energy-is-setting-up-to-be-the-trade-of-the-decade-20220329/amp/ “Bulls make more money than bears. Being an optimist about life is a great attribute as an investor.” -Stanley Druckenmiller (source) Markets are in a bad way at the moment. The S&P 500 has fallen for five straight weeks and is down 1.2% to start a new week. Ten-year note yields have hit 3%
There is a lot that goes into being a successful forex trader. You need to be able to analyze the market, know when to go short or long, as well as be disciplined enough to follow your plan. Something is always happening due to the forex markets being open 24 hours a day. If you