Binary options trading, a form of financial trading that offers a fixed return for a correct market prediction, has become increasingly popular. However, the simplicity of binary options does not negate the necessity of thorough planning and tracking. This is where a trading journal becomes an indispensable tool for traders. What Is a Trading Journal? […]
Market Analysis – November 15 Nasdaq (NAS100) bulls need refueling. The index reached a record high of 15809.600 key level in September 2023. However, it then entered a downward-trending channel as investors rotated out of growth. The index dropped to a low of 14030.600 in October 2023 before recovering some of its losses in November. […]
Market Analysis – November 15 GBPUSD buyers plan to regain firmness. The GBPUSD price has been in a downtrend since July. This implies that the price has been making lower highs and lower lows. The sellers have been stronger than the buyers, and they have pushed the price down from 1.24320 to 1.21960 at key […]
Market Analysis – November 14 NZDUSD Resumes Downward Trend – Expert Analysis & Trading Tips | Learn 2 Trade premium range. NZDUSD price crashed after a false bullish breakout above 0.6040. The speed of the price delivery to the demand level of 0.5770 was very quick. The support level of 0.5860 was broken to continue […]
The U.S. dollar suffered a sudden twist of fate on Tuesday as it turned bearish following a release of fresh data indicating a slowdown in inflation during October. This development has subsequently diminished the likelihood of the Federal Reserve pursuing further interest rate hikes. According to the latest report from the Labor Department, the Consumer […]
In a tumultuous week for global currencies, the euro struggled against a resurgent US dollar, buffeted by a series of challenges on economic, monetary, and geopolitical fronts. The Federal Reserve’s hawkish stance, led by Chair Jerome Powell, signaled potential interest rate hikes, bolstering the greenback’s strength. Meanwhile, the European Central Bank, led by Christine Lagarde, […]
Market Analysis – November 11 USOil (WTI) bears loosen grip as buyers stage resistance. Amidst the ongoing market struggle, a notable shift has been witnessed this week in the oil market. The buyers have begun to challenge the prevailing selling momentum. Oil prices have notably held a buoyant stance, signaling a potential turnaround. Following a […]
Market Analysis – November 11 Gold (XAUUSD) faces a bearish threat. After a week of showcasing buyer intensity, sellers have successfully neutralized the bullish momentum. The bulls, who pressed the price higher to the 2011.760 level, are now forced out. The September rally gave way to strong bearish sentiment, reaching down to the 1810.130 price […]
Market Analysis – November 11 FTSE100 buyers show resilience near the 7382.500 key level. The market is displaying remarkable resilience as it battles against further decline. Buyers are steadfastly working to regain control after a strong fight. Last week, they managed to push the price up to the significant level of 7489.300. However, this level […]
