Japan’s solo FX intervention won’t be that effective
Japan lacks effective means to combat the yen’s sharp falls, as intervening unilaterally in the currency market will likely have a limited impact in reversing its downtrend, Satsuki Katayama, head of a ruling party panel on financial affairs, said.
Trading Triangles in Price Action
Much of trading is waiting. I get it, that’s not what you want to hear. You want action, you want riveting, you want excitement. Heck, this topic is called price ‘action’ so, there surely must be something actionable about it, right?
A Price Action Tell: Support at Prior Resistance, Resistance at Prior Support
As we talked about in our introduction to price action, markets are cyclical creatures. Prices go up, prices go down and as traders, the most we can hope to do is ride on the right side of the wave for a bit.
Price Action Support and Resistance
As we look at throughout our education section there’s a plethora of ways to find support and resistance levels. Fibonacci is a popular tool and psychological levels are a significant point of interest.
TMGM Partnered With Some Of The Famous Athletes To Expand Their Marketing Visibility
TMGM has teamed with various football players to increase recognition in European and Latin American nations. To encourage the future generation of exceptional players, TMGM has worked with one of the most prominent NBA assistant coaches, Los Angeles' Phil Andy.
Price Action: The Power of the Wick
Probably one of the more compelling areas of price action is in its ability to show key levels or price zones that matter. And to be sure, there’s a lot of ways of finding potential support and resistance levels but none of those prices are worth very much if they don’t actually show as support or resistance.
S&P 500 and Nasdaq Traders Focused on FOMC Next Week, Dollar the One True Safe Haven
The market response to Tuesday’s US CPI release was distinct and severe. The risk aversion we were lead to registered the biggest single-day losses for benchmarks like the S&P 500 and Nasdaq 100 in over two years.
ZuluTrade Appoints 3 Executives to Drive its Global Growth Plan
ZuluTrade added Stathis Xenos, Antonis Metaxas, and Theodosis Lapatas in new senior roles.
US SEC Records First Case of Broker-Dealer Municipal Advisor Violation
The regulator fined Loop Capital Markets $100k. The broker-dealer advised a city on fixed income securities without being registered.
The Archetype of Scammers MultiBank Group is Coming to Malaysia
Stay away from MultiBank Group. We know this opening is harshly straightforward but we just want to get our message across to all WikiFX users, typically those in Malaysia. This is because MultiBank Group is a notorious forex broker that you should never engage with.
FTX and Binance: The Winners of the Crypto Winter?
FTX has successfully turned the $2 trillion crypto plunge into a buying opportunity. The 'deep pockets' of FTX and Binance have allowed them to expand even in difficult conditions.
WikiFX Review: Is Pearl Capital Markets a reliable broker?
In the following article, WikiFX is going to review a forex broker named Pearl Capital Markets for investors and traders.
The FSCA Has Issued A Public Warning To Ebrahiem Dollie And Affluence FX
The Financial Sector Conduct Authority (FSCA) advises the public to exercise extreme care when dealing with Ebrahiem Dollie and Affluence FX. Ebrahiem Dollie and Affluence FX are suspected by the FSCA of engaging in unlawful financial services activity and violating several financial sector laws.
Forex Trading for Beginners
If you want to become a successful currency trader, you must first learn the language of the Forex market, as well as the basics of Forex trading. What is the Forex market? Why is it a great market to trade? What is a currency pair and how does one read
How To Use Technical Analysis In Forex Markets
Technical analysis involves the use of a price chart, which provides a roadmap for past price behavior. A technical analyst relies on the past to predict the future.
Investment Strategies for Extremely Volatile Markets
Adapt your strategy to extreme volatility with these tips
Cryptocurrency vs Forex Market – Similarities and Differences
In this article, we’ll discuss the key similarities and differences between forex trading and crypto trading.
Forex brokers Ｘ Sports: Can crossover trigger public attention? Part 2
In the previous article, we discuss that some brokers invited sports celebrities as their brand ambassadors, which is only one of the methods by that forex brokers promote themselves. Some brokers may even participate in a series of events, or form partnerships with certain sports clubs. In today’s article, we will talk about the five brokers that making partnerships with several sports companies and clubs.
Why Using Leverage is Popular in Forex Trading
Trading the forex markets is attractive for several reasons and one of the most important features is leverage. Investors love the idea that they can borrow capital to enhance their returns, at levels that are not available in other capital markets.
New Zealand FMA Warns Against Imposter Website primefirmtrade.com
The New Zealand's Financial Markets Authority (FMA) are concerned that primefirmtrade.com is involved in a scam.
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