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Forex News 02-05-2023

Forex News for 2nd May, 2023

Gold prices drop ahead of Fed interest rate decisions as the direction of the XAU/USD pair will be determined by the key economic data releases from the US. A strong USD may push gold prices to a lower range.   The Federal Reserve is planning to raise interest rates to the highest it’s ever been in […]

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Forex Signals 02-05-2023

EUR/USD – The pair may go to consolidation phase ahead of ECB, Fed decisions

Bullish View Take Profit: 1.1100 Stop Loss: 1.0940 Timeline: 1-2 days Bearish View Sell Stop: 1.0980 Take Profit: 1.0900 Stop Loss: 1.1100 The pair was seen moving sideways on Monday morning as the focus has shifted to ECB and Fed as they are about to release key interest rate decisions during this week. There were […]

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Forex 01-05-2023

Top eToro Alternatives for Trading in 2023

eToro is a familiar name for most traders, as it has gained much popularity in the past few years. The primary reason for this popularity is the social trading tools and features offered by eToro that allow users to easily trade or invest in various financial assets, including stocks, currencies, and cryptocurrencies. While eToro is […]

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Forex News 25-04-2023

News for 25th April 2023

The US Dollar’s decline has resumed aligning with its long-term bearish trend as the market becomes convinced that the Fed will make one last 25 bps rate hike at its next meeting. This will be followed by rate cuts later in the year.  Trend traders may consider opening a short trade, waiting for the greenback […]

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Forex Signals 25-04-2023

GBP/USD Signals & Technical Analysis for Forex Traders

British Pound Rises Ahead of US Economic Data Release: GBP/USD Pair Surges by 1% Amidst Key Housing Numbers Release Short Position Sell Stop: 1.2422 Take Profit: 1.2300 Stop Loss: 1.2550 Long Position Take Profit: 1.2600 Stop Loss: 1.2355 Timeline: 1-2 days The British pound rose against the US dollar ahead of the release of key […]

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Forex 24-02-2023

What is Forex CFD Trading? How Has It Revolutionised the Forex Market?

The lucrative field of forex trading necessitates dedication and diligent work. Only some people can dedicate time and commitment or sit in front of the screen the whole day. For those who lack time and want to be a part of this profitable venture then CFD trading is the best option. The term CFD stands […]

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Forex 23-02-2023

Forex Auto Trading – A Beginner’s Guide

The competition in the forex market is fierce. And to keep up with that competition, traders often take help of automated trading. Forex automated trading is all about using automated or computerized systems to ensure trading success. In this article, we will see how you can take help from it to improve trading results. Difference […]

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