Double tops and double bottoms are classic reversal patterns, especially prevalent in charts with shorter time frames. However, distinguishing between a genuine reversal pattern and mere market volatility can be challenging. This challenge becomes more pronounced in charts with very short time frames, like an hour or less, where market fluctuations can obscure the actual […]Read More
Navigating the world of foreign exchange, or forex, might seem a bit overwhelming, especially for those hands-on investors out there. But hey, don’t worry! There’s a bunch of books about currency trading, from the basics of the forex market to some fancy strategies involving fundamental and technical analysis. Let me share the list of best […]Read More
Today we will talk about one of the most important themes for the trader which are deposit and withdrawal funds. For the beginning, we will tell how it happens with the WFT Group broker. Every broker has his own rules and principles how to deposit money by traders on the platform. Surely, the WFT group has its […]Read More
The Interprofessional Organisation for sheep and goats meat, Interovic, has secured seven million euros for the promotion of lamb and kid meat in the internal market. This is the third consecutive program granted by the Executive Agency for Consumers, Health and food of the European Commission (Chafea) to the Interprofessional. It is a continuation of […]Read More
Known as the Wholesale Price Index from the time of its inception till the late 1970s, the Producer Price Index (PPI) and the Consumer Price Index both have extrapolative value and are used to define various economic facets. However, it is important to note that the consumer price index solely emphasizes on consumer spending and […]Read More
LinkedIn has positioned itself as one of the world’s most established social media platforms. LinkedIn’s niche however, provides users with the opportunity to expand their professional networks and to seek out up-to-date information from industry peers. Including, of course, those after Forex Groups. Statistics from Linkedin reveal that approximately 225 million members, across 200 countries […]Read More
Having proof of income documents will provide you with several benefits. People typically have a hard time proving their income when they’re self-employed. Proving your income is necessary if you’re trying to file taxes or get a loan. Lenders will want to see how much money you’ve made to determine if you’d be able to […]Read More
The S&P 500 index was steady on the final day of the week, recovering from an early session sell-off that saw the index momentarily falling below 3900 but slipping back from session highs in the 3920s to finish the session around 3910. Sale pressure in “value” stocks in the manufacturing, commodity, and real estate sectors […]Read More
Although Twitter and LinkedIn remain the most widely used social networks for forex traders, there are many communities on Facebook that could be of great interest to online traders. So let’s see some top forex trading Facebook groups. The format of this platform makes it easy to share different kinds of information, particularly the fact […]Read More
Ever since the dawn of online forex trading, messageboards and forums have formed the backbone of the online forex trading community. Although many traders are using social media to interact with each other now, the specificity and ready-made community aspect of forums means that they are still the go-to place for forex traders to glean […]Read More
With the advent of YouTube, those who are seeking educational videos have more choice than ever. And forex traders, both beginners and experienced, have within their grasp a whole world of content to learn from, and it includes forex trading Youtube channels. It has never been easier to learn a new skill or improve an […]Read More
The EUR/USD stabilizes to an intraday high of 1.1249 before falling sharply back toward the 1.12 handle. The pair was stabilized around 1.1208, advancing 0.1 percent. The EUR/USD faces initial support at 1.1127. A break below that level would lead to 1.1057. On the upside, resistance is ascending from 1.1324. In economic data, German inflation […]Read More
The euro posted modest gains against the US dollar on Wednesday, although upside was limited after international investment bank Goldman Sachs lowered the common currency’s near-term forecast. The EUR/USD advanced 0.15 percent to 1.1360, stopping well short of the 1.14 level. The pair faces near-term support at 1.1301 and resistance at 1.1372. The EUR/USD has […]Read More
The Federal Reserve could begin normalizing interest rates this year, but won’t rush to do so amid tepid wage growth and tame inflation, central bank Chairwoman Janet Yellen said on Tuesday. Testifying before Congress, Yellen sought to lay the groundwork for how the Federal Reserve would begin raising interest rates after more than six years. […]Read More
The EUR/GBP sunk to fresh seven-year lows on Tuesday, as the beleaguered euro continued to struggle amid ongoing talks between Greece and its EU paymasters about Athens’ proposed four-month loan extension. The EUR/GBP hit 0.7316 in Tuesday’s European session, a new seven-year low. The pair rebounded slightly in Wednesday’s Asian session and was trading at […]Read More
In the first section of this guide we took a look at what a futures contract actually is, and how it works at a basic level. The second part of the guide will describe why exactly investors find them so useful and when they should be considered as an instrument worth investing in. This part […]Read More
German business confidence improved again in February, rising for the fourth consecutive month in the latest sign Europe’s largest economy was recovering from last year’s third quarter slump. The business climate index, which is derived from a monthly survey of 7,000 companies, rose to 106.8 from 106.7 in February, the Munich-based Ifo Institute […]Read More
The euro was trading cautiously on Monday, following a week of uncertainty that ended with Greece securing a short-term loan extension in exchange for further oversight from its creditors and other reforms that squashed Athens’ “anti-austerity” pledge. The attention this week shifts back to the economic data, although the threat of an eventual Greek exit […]Read More
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