GemForex - weekly analysis
The Week Ahead - West Edition
WIKIFX REPORT: Which Currencies are Obsolete?
Currencies come and go. According to Bloomberg, over $10 billion in unredeemed outdated currencies circled in the EU after the euro was introduced.
WIKIFX REPORT: USDCAD Setting Up for a New Push Higher?
Now Our focus is on the USDCAD as buyers look to be finding new support after last week’s range breakout.
WIKIFX REPORT: US Share CFDs Products Adjustment Notice
Pu prime, a broker regulated by CYSEC to offers a strong trading environment on a direct-to-market execution model is pleased to inform and advise their client and public that the leverage on all US Share CFDs products will be adjusted starting from 29th August 2022 to further optimise the competitiveness and improve the trading environment.
WIKIFX REPORT: Upcoming Weekly Adjustment on Index Dividend Notice
Pu prime has released another update Following it's recent announcement about Share CFDs Products Adjustment Notice which will start from 29th August.
WIKIFX REPORT: Upcoming Market Updates: NZD, JPY, EUR, USD
Let's look at the latest market information about NZD JPY, EUR and USD Analysis.
WIKIFX REPORT: Upcoming Market Updates: NZD, JPY, EUR, GBP, USD
Let's look at the latest market information about the NZD/JPY pair including NZD JPY, EUR, USD and GBP Analysis.
WIKIFX REPORT: Top Reasons Why Forex Traders Fail and Lose Money
This article debates in favour of the notion that a trader is their own worst enemy, and that human error is at the root of most problems. In short, the main reason why Forex traders lose money is no rocket science. It's the traders themselves.
WIKIFX REPORT: The U.S. Dollar in the Market Today
The term "U.S. dollar" refers to a specific denomination and the U.S. currency in general. It was initially traded as a coin worth its weight in silver or gold. Today, the dollar is one of the strongest currencies in the world. It’s officially in use in the United States and has been adopted by other countries. Somewhere between ½ and ⅔ of the circulated U.S. currency is outside the U.S.
WIKIFX REPORT: Seven Trading Quotes to Help Your Trading Psychology
A trader needs to be highly skilled and extremely lucky to beat the market consistently. Trading psychology is very important topic to get your head around. In many cases, it is the ability to master trading psychology which separates the successful traders from the unsuccessful ones.
WIKIFX REPORT: NZD First Impressions: Retail Trade
The volume of goods sold fell by 2.3%. That is lower than the forecast for muted 0.3% rise, and well below the average analyst forecast for a 1.7% gain.
WIKIFX REPORT: Hawks or Doves Set to Rule the USD Short-Term Future?
Our focus is on the USD index daily chart. We all know how the USD has been travelling recently, north north north.
WIKIFX REPORT: Gold, Oil and EUR/USD Prices, Major Markets Go Risk-on
When the Markets await on 11th August at 4:30 pm UAE time the producer price index (PPI) of July.
WIKIFX REPORT: Gold Price Forecast: Fundamentals Behind a Strong USD
The eurozone manufacturing PMI data Flash (August) 49.7 has come in higher than expected 49 and lower than the previous of 49.8 although, the actual print remains below 50 reflecting an economic contraction in the European economy. The situation in the UK was not better, as the data of August for the same mentioned index 46 came in lower than expected at 51.1 and the previous of 52.1
WIKIFX REPORT: Forex Wisdom to Remember
Wise Words for Forex Traders are meant to Make traders to have the the best journey in their trading. The forex market is the largest and most liquid trading reached $6.6 trillion a day in 2019. Getting involved with FX markets is easy, but that doesn’t mean starting will be simple.
WIKIFX REPORT: EURGBP Takes First Step, but Will We See a New Continuation Higher?
Hi, and welcome to Thursday’s update. In today’s video, we are focusing on the EURGBP. The price formed a solid bar higher in yesterday’s session and could be the start of a new continuation.
WIKIFX REPORT: Essential Forex Trading Concepts You Should Know
You don't have to be a daily trader to take advantage of the forex market—every time you travel overseas and exchange your money into a foreign currency, you are participating in the foreign exchange, or forex, market. In fact, the forex market is the quiet giant of finance, dwarfing all other capital markets in its world.
WIKIFX REPORT: Additional China stimulus helps stimulate the Aussie
Earlier on 25th, China announced 19 additional policies to help the economy, worth $146 billion. These policies will primarily support infrastructure projects.After problem in the housing market and a recent bout of poor data from China, including weak retails Sales and Industrial Production, China has implemented several polices to help the beleaguered sectors.
Mohicans markets：Gold Pays Attention to Rebound Momentum Expectations of Production Cuts Support Oil Prices
On Monday August 29, the intraday decline of spot gold expanded to 1%, and it is currently approaching the $1720 mark. The first support moved down to 1720.45, and if it is confirmed to fall below, focus on the support of 1704.44.
Week Ahead – Top 3 Market Events Author – Connor Woods, Senior Market Analyst Date: August 29th – September 2nd
The markets seem to be pricing in hawkish language from the Federal Reserve, and the Jackson Hole Symposium was proof of that. With a new month beginning this week, will volatility start to pick up? Find out all the main talking points in our week ahead article!