Gold Technical Analysis: Gold Price Trying to Avoid Selling
The price of gold fell after the largest decline in a month, as investors sought to buy the US dollar, amid increasing signs of an economic slowdown. Accordingly, bullion prices took a downward movement, and the XAU/USD gold price reached the support level of 1772 dollars an ounce before settling around the 1777 dollars an ounce before important data and events affecting the market direction and investor sentiment.
WikiFX Live Event with Alex: 100 Pips A Week
Hitting your weekly target should not be hard if you are equipped with the right knowledge and proven strategy. If you are struggling with this, then you should not miss out on Alex's live stream event at https://liveroom.wikifx.com/en/live/202208155391473131.html on 19th August at 9 pm (UTC +8).
WikiFX Broker News: MFSA Warns 86FXTRADE
86FXTRADE has twelve different account types, which is unusual for a registered broker. Furthermore, the fraud promises incredible incentives ranging from 10% to 250%! If accurate, the massive transaction volume is inconceivable when combined with the 1:100 high leverage.
Global shares fall, U.S. Treasury yields rise after dovish Fed minutes
Asian shares tracked solid Wall Street performance on Wednesday as strong overnight earnings for U.S. retail giants pointed to further scope for the Federal Reserve to tackle inflation with rate hikes.
Sterling steady as double-digit inflation deepens growth fears
The British pound was steady on Wednesday as data showed inflation climbed to its highest level in more than four decades in July, heaping pressure on the Bank of England to bring down prices but increasing the risk of a
GENERAL RANKINGS – 5 FX SCAM BROKERS ON AUGUST 2022 BY WIKIFX
As we know so far, forex trading is one of the most profitable businesses in the financial market. However, it doesn’t mean everyone can win big while trading forex. instead, many people suffer a heavy loss in the forex market. The biggest challenge for them lies in seeking a solid broker. Based on WikiFX’s official website, we have listed the 5 FX scam brokers in August 2022 to protect you from getting scammed.
eToro will acquire Gatsby for $50 million in order to expand option trading in the United States
eToro, an Israeli global social investment and trading network, has announced intentions to purchase a fintech business called Gatsby, as well as commission-free options and a stock trading firm.
WikiFX Fraud Alert: Do not trust OBFX!!!
The British regulator FCA exposes OBFX as a scam on August 16th!!!
What is Forex Withdrawal Scam? How to Prevent Failed Withdrawal?
Forex trading is not only about making profit, but also about ensuring your capital safe. If you are stuck with a broker that won't withdraw your money, what's the point of making profit?
What are Donchian Channels Trading Strategies?
Price movements in currency markets can be hard to predict, but they are not entirely random.
What Is an Overnight Position? Should You Hold a Day Trading Position Overnight?
Day traders generally only buy and sell stocks, currencies or futures during the entire trading session of the day.
Top Successful Forex Trading Strategies that Work in 2022
Success in the world of business and finance requires effort and a broad understanding of the factors surrounding this world.
Client Complaint: Multibank Group Delays Withdrawing for 9 Months
Recently, a client of Multibank Group (MBG) on social media has filed complaints against MBG, accusing MBG is illegally occupying his funds.
Admiral Markets Partners with TipRanks to Expand Traders' Research Capacity
Admirals, a worldwide financial technology firm, has partnered with TipTanks, a prominent financial big data startup that provides retail investors with institutional-grade research tools and data.
Mobile transactions in Nigeria hits N9.2 trillion in 7 months of 2022 – NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has revealed that bank customers in Nigeria transferred a total of N9.2 trillion over mobile devices between January and July this year. The 7 months data just released showed a surge in the usage of mobile for financial transactions as the value of deals over the platform has surpassed N8 trillion recorded in the full year 2021.
Are South Africa's FSCA's efforts to halt illegal trading sufficient?
Africa's greatest participant in the online FX market is South Africa. According to experts, the FCSA is progressing slowly.
The MultiBank Group License Has Been Canceled by CNMV
Multibank Group, on the other hand, has a low score on WikiFX platform due to the many complaints it receives on a regular basis. Despite the fact that Multibank Group is licensed by a few regulatory bodies, WikiFX feels that the way they treat their traders is unlawful.
The new moniker in reserve currency is BRICS.
President Putin's speech today detailing the creation of a new reserve currency based on a basket of goods and services (BRICS) has some people scratching their heads. It is assumed that it will include real, roubles, rupees, renminbi, and rand and serve as a substitute for the Special Drawing Right of the IMF (SDR).
The Similarity of Winter Snow Limited and FVP Trade
Recently, WikiFX has paid a lot of attention to two brokers: FVP Trade and Winter Snow Limited. Both are unscrupulous forex brokers, which are very likely to endanger your assets. In today’s article, we are going to explore the similarity of both brokers. Therefore, you can figure out the common characteristics that scammers share so that you can make wise decisions.
How to Feel Confident to Begin Online Trading
Trading is a challenging career path to take since the financial market has a lot of uncertainties that only confidence and extensive knowledge will make you survive.
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