08/24 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：Gold Focus on Support Caution Volume Oil Prices Focus on a Breakthrough and Rebound to Stabilize
On Tuesday August 23, spot gold tried to test 1740 resistance, but failed to stabilize, the current price is running around 1738, and need to pay attention to the market direction selection, spot silver narrow range, the current price is near 18.98, the first upside target focus on 19.08.
Be Careful to Make a Cooperate in Forex Business Indonesia
There are always benefits and risks in every business. As well as in the forex business. That is why traders should be careful to choose a business partner. A business partner in Indonesia can still be counted by fingers.
WIKIFX REPORT: Bareskrim Delegates 5 Suspects Of Evotrade Trading Robot To The Prosecutor's Office
Investigators from the Criminal Investigation Unit of the National Police have transferred the files of five suspects and evidence in the Evotrade trading robot case to the Malang City District Attorney's Office. The delegation is carried out after the case file is declared complete by the research prosecutor.
WIKIFX REPORT: Finantsinspektsioon has fined Admiral Markets AS
Finantsinspektsioon fined Admiral Markets AS (registry code 10932555) 20,000 euros for a misdemeanour, as the company had breached its obligation to provide notification to the trade repository.
WIKIFX REPORT: Admiral Markets AS unaudited 12 months financial results of 2021
2021 was the most successful for Admirals in terms of new client applications
WIKIFX REPORT: Trade360 Operator Surrenders Australia License amid ASIC Investigation
The company breached licensing obligations. The regulator also banned two executives of the OTC derivatives operator.
WIKIFX REPORT: Trade360 and FX Arabic Signals launch a new telegram channel to help you trade better
The multi-award-winning online broker, Trade360 proudly announces a new collaboration with FX Arabic Signals for the release of a new Telegram channel for the Arabic-speaking world. The channel aims to make trading more profitable for traders of all levels of expertise, allowing them to make better-informed decisions and take advantage of more opportunities as they arise. It will focus on trading as it relates to the GCC region, with extra attention to local news, asset development and local stocks.
WIKIFX REPORT: EIGHTCAP INTEGRATES WITH TRADINGVIEW TO SWEETEN OFFERING FOR CRYPTO TRADERS
Australian FX and CFDs broker, Eightcap has integrated professional charting and trading platform TradingView.
WIKIFX REPORT: Upstox Adds Good-till-Triggered to Its Platform To Protect Users From Market Fluctuat
The Indian online stock trading platform Upstox has added new features to its platform that will allow its users to better protect the interests of their investments.
WIKIFX REPORT: Upstox continues partnership with Tamil Nadu Premier League 2022 as associate partner
As per the company, the partnership will further strengthen Upstox’s position in the state, while allowing it to expand its reach into other parts of southern India
WIKIFX REPORT: Zerodha, Upstox's stock trading platforms face connectivity issues
Cloudflare is currently experiencing issues in India, due to which some services may be temporarily inaccessible
Mohicans markets：Markets Fear Rate Hikes Weakening Global Economy OPEC+ Warning of Possible Output Cuts Boosts Oil Prices
On Monday August 22, spot gold fell sharply before the European market. The high point once fell by about $21 and fell below the $1730 mark, and finally closed down 0.61% at $1736.47 per ounce. It is worth noting that gold has closed negative for six consecutive days. Spot silver closed down 0.28% at $18.99 an ounce.
WIKIFX REPORT: Alawwal Invest (AI) enters into an agreement with HSBC Saudi Arabia
Alawwal Invest has entered into an agreement to Transfer HSBC Saudi Arabia’s Asset Management, Retail Brokerage and Retail Margin Lending businesses (together, the “Transferring Businesses”).
Mohicans markets：Gold Downside Support is Weak Oil Prices Focus on Channel Resistance
On Monday August 22, spot gold moved lower below the pivot point at 1749.31 during the Asian session, with first support at 1727.65. Spot silver erased all gains, falling below the pivot point at 19.06 and approaching first support at 18.82.
WIKIFX REPORT: Infinox intros cryptocurrency trading solution
Infinox, a trading solutions company, has launched an end-to-end cryptocurrency trading solution for its platform in Latin America, Middle East, Africa and Southeast Asia.
WIKIFX REPORT: INFINOX IX SOCIAL TRADING TOOL TRENDS IN Q2 OF 2022
Globally renowned brokerage brand INFINOX has recently published data regarding performance in Q2 of 2022, and the figures are encouraging for the brand. According to the number, the proprietary social trading tool 'IX Social' has been skyrocketing in terms of popularity across several geographic regions – one of them being Southeast Asia.
WIKIFX REPORT: Forex trading: Firm warns Nigerians against using unlicenced online brokers
Infinox Capital Nigeria Limited, a forex trading platform, has advised market participants to trade with only regulated online brokers to avoid fraud and other dubious activities that could lead to loss of funds.
WIKIFX REPORT: INFINOX Sums Up Positive Q1 Globally
The first quarter of 2022 was characterized by enhanced volatility across all markets, mainly due to high inflation on a global scale and the geopolitical tensions in Eastern Europe. Overall, these dynamics were bad news for businesses all around the world, and this included the financial services sector. Given that, it surprised many when leading global online broker INFINOX posted positive results in Q1 this year.
WIKIFX REPORT: Infinox Capital offers free forex trading education to ease unemployment
Infinox Capital, a globally recognized Foreign Exchange (FX) and Contract for Difference (CFD) broker, regulated since 2009, on Tuesday said it is offering free education on forex trading to help reduce the rising unemployment in Nigeria.
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