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  In this article, we have covered the highlights of global market news about the  AUD Forecast, Gold Price, Silver Price and Crude Oil Price . AUD: US Dollar Volatility Dominates the AUD Another eventful week for the AUD ended worth more than at the beginning of the week. The release of domestic inflation estimates, followed by a rate rise from the Federal Reserve and GDP data from the United States, gave plenty of ammo for market turbulence. On Tuesday, the RBA will deliberate on whether or not to change the current interest rate. The Australian consumer price index came in lower than expected, which dampened expectations of a significant interest rate increase from the Reserve Bank of Australia (RBA) this week. Read More... forex factory  

  The daily GBP/USD chart is bullish. Cable is in a good mood heading into the weekend, having recently recorded a one-month high at 1.2245. While sterling has gained a slight bid in the past two weeks, the increase, this week has been driven by a lower US Dollar. The greenback, which has been a one-way trade since June of last year, is losing its luster after Fed Chair Powell said that the Fed might stop rate rises when appropriate, the first time this viewpoint has been expressed. Over the previous two days, the US dollar has dropped considerably across the board. IS THE US DOLLAR (DXY) AT ITS MAXIMUM? The Bank of England (BoE) will raise interest rates again next week, with the market currently expecting a 50 basis point increase. The BoE, like many other central banks, is attempting to keep up with inflation, which is forecast to reach double digits in the UK in Q3. According to the Office for National Statistics figures, the UK unemployment rate dropped to a 50...

  Imagine having the opportunity to live the life of a currency god. Your workstation is equipped with every trading gadget imaginable, and an army of anonymous online weirdos follow your every move and pay you tens of thousands of dollars a month to do so. In my two films about the life of a professional forex trader, Jeff, the trader behind FX Viper, was the topic. If I may so so myself, it was brilliantly filmed and depicted an exciting life of trading and money. Well… I’d come to deflate your balloon. Being a professional trader, in reality, is pretty different. Most of my trading with him consisted of him gazing at charts for hours, days, and weeks while I waited for the market to move in his favor. It wasn’t entertaining 98 percent of the time; it was mind-numbingly monotonous. Read More... forex trading reddit  #fxviper #foreignexchange #forexupdate #forextrading #forexnews #tradingtips #edgeforex  

  In this article, we have covered the highlights of global market news about the CAD/USD, GBP/USD, Gold Price and Silver Price . CAD/USD will go decisively below 1.2800 as US PCE and Canada GDP are anticipated The US dollar index (DXY) has extended its losses after breaching the five-day-old support around 106.00, and the USD/CAD pair is preparing for a hostile move as it hovers near the psychological support of 1.2800. The asset has been trading sideways during the Asian session and is anticipated to become imbalanced to the negative as concerns about a US recession have been raised by lower-than-expected US Gross Domestic Product (GDP) figures. The US Bureau of Economic Analysis estimated the annual Gross Domestic Product (GDP) at -0.9% on Thursday, a better result than the previous contraction of -1.6% but still below projections of 0.5%. The US economy has been contracting steadily, which has caused the DXY to plunge sharply. The asset just printed at 105.85, a ...

  Before you begin trading on a forex platform, you must learn how to utilize it. Beginner traders often utilize a demo account to learn how to trade, ensuring their actual money is safe. This article will discuss the best strategy for beginning to learn on a demo account vs. trading with real money on a live account. A demo account is what exactly? With real-world pricing, indicators, and other tools that a live account provides, a demo account simulates the real trading environment without putting your hard-earned money in danger. Since it is fake money, you cannot withdraw any winnings even if you have a winning streak, but you also cannot lose your money. Read More... EDGE-FOREX   #demotrading #trading #money #forexnews #forexupdate #globalmarketnews #edgeforex

  During the first part of Thursday’s European session, the USD/CHF pair falls to a new low for the last three and a half weeks. Despite this, the pair can find some support at lower levels. The spot prices have already recovered to the vicinity of 0.9600; nevertheless, the attempted recovery lacked the bullish confidence to make it successful. As investors look beyond a Federal Open Market Committee that was less hawkish, the US dollar is staging a decent comeback from its lowest level since July 6, reached earlier this Thursday. This is happening in conjunction with a goodish uptick in the rates on US Treasury bonds. The fact that this is turning out to be an essential aspect that lends some support to the USD/CHF pair is quite encouraging. Read More... EDGE-FOREX   #usd #chf #us #gdp #federalopenmarket #dollar #forexmarketupdate #forexnews #edgeforex

  In this article, we have covered the highlights of global market news about the   Crude Oil Prices,  Copper Price, USD/JPY and  AUD/USD . Crude Oil Futures: Is a corrective fall coming? In light of the advanced prints released by CME Group for crude oil futures markets on Wednesday, market participants reduced their open interest holdings by roughly 5,000 contracts. T his was the second consecutive day in which open interest decreased. On the other side, volume increased for the second session in a row, this time by more than 61 thousand contracts altogether. Read More... forex signals

  “Compound interest is the world’s eighth marvel. Whoever comprehends it earns it; whoever does not pays it. Einstein, Albert Since this subject has many different aspects, I’ll limit my discussion to the trading industry and the benefits of compounding returns . Any traded financial market is affected by this. Let’s first look at two straightforward money management strategies that a trader might include in their trading plan. Fixed-size trades (monetary) Trade size in percentage (proportional to trading balance) The first choice would imply that no matter the result of the prior transaction (win or loss), the same set monetary deal size would remain on all future trades. So how would this relate to a successful trader? Read More... EDGE-FOREX  

  Caonfluence Detector’s Gold Price Forecast: XAU/USD bounces despite pre-Fed uncertainties, key levels to keep an eye on. It is generally anticipated that the Federal Reserve would raise the key interest rates by 75 basis points (bps) at their meeting in July. This would be the second straight super-sized lift-off. Despite the increased likelihood of a recession, Federal Reserve Chair Jerome Powell has not wavered in his commitment to bring inflation under control. On the other hand, the U.S. dollar and Treasury rates cannot gain on the possibly hawkish narrative, as investors instead choose to reposition themselves in front of the critical event risk for this week. The price of XAU/USD has been given much-needed relief due to this development, which has enabled the metal to post a solid return on Wednesday. Despite widespread caution, bulls remain unfazed, and factors such as U.S. tech results and the turmoil in Europe’s gas industry will be constantly monitored. Rea...

  In this article, we have covered the highlights of global market news about the  USD, XPT/USD, Natural Gas  and  XAU/USD . US Dollar Index seems to be given around 107.00 before FOMC. With the FOMC event scheduled for later in the NA session, the index is presently giving up some of its significant gains from Tuesday and is trading in the area of 107.00. The Fed is now expected to increase the Fed Funds Target Range by 75 basis points to 2.25 percent -2.50 percent, but investors will carefully watch Chief Powell’s press conference in order to learn more about the Fed’s plans for future rate hikes. The index saw negative pressure after reaching almost 20-year highs north of the 109.00 level in mid-July, but for the time being it seems to have found some solid support around 106.00. Read More... forex trading #naturalgas #gold #platinum #usd #globalmarket #platinum #forexnews #federalbank #edgeforex

  Drawdown is the term used to describe the process of losing money while playing a game. Losses in the foreign exchange market are unavoidable and will happen to every one of us at some point; the question is, what is the actual cost when you suffer a loss? If you have a significant downturn, you will need significant profits to return to where you began. I will show you a graph in this video highlighting the harm that may be caused by excessive drawdown. The failure of many forex traders to comprehend the impact that an unchecked losing streak may have on their trading accounts is the most common instance of gross underestimating that these traders engage in. When a trader loses, their money is taken out of their trading account. We’ve all been in that situation. Extremely improbable that there won’t be any further losses in the future. Read More... EDGE-FOREX   #forex #drawdown #forexmarketupdate #forexnews #trading #forexnews #edgeforex

PIPELINE FOR NORD STREAM 1 As the effects of the crisis in Ukraine continue to spread throughout the European continent, natural gas futures prices have been rising. Recently, the operator of the Nord Stream 1 pipeline in Russia, Gazprom, cut natural gas shipments to Europe by 40% while performing regular maintenance on the network. The corporation recently said that it will reduce even that capacity by half, citing challenges finding turbines as well as technical legal issues brought on by penalties. Currently, only 20% of the pipeline’s capacity is anticipated to be used for gas flow. To put things in perspective, around 40% of Europe’s gas and 30% of its oil come from Russia. Read More... EDGE-FOREX   #euro #italyelections #usdollar #usd #eur #russia #forexnews #nordstream1 #edgeforex  

  USD: The USD continues to struggle after the most recent US PMI survey revealed an unexpected decline in business activity last week. As a result, although this has indeed contributed to a reduction in the recent strength of the USD, it seems to be more of a tactical retreat than a severe downturn. Even after the European Central Bank (ECB) shocked the market by hiking interest rates by 50 basis points to bring an end to the period of negative interest rates, the prevailing narrative on Europe is still pessimistic. The growth narrative is more important than the normalization prognosis for the time being, which means that the preference for Euro exposure is on the short side. Read More.... forex managed funds   #usd #eur #aud #gdp #cpi #dollar #euro #FED #forexnews #edgeforex

  In this article, we have covered the highlights of global market news about the  XAG/USD, AUD/USD, USD/RUB  and  GBP/JPY. Analysis of the XAG Price: XAG/USD holds gains towards the mid-$18.00s but is still in trouble. On Tuesday, XAG began to trend upward and, at least temporarily, seemed to have ended a two-day losing run. Through the early European session, the white metal held onto its little intraday gains and was last seen circling the day high, in the mid-$18.00 range. Looking at the bigger picture, the XAG/USD has been fluctuating in a well-known range during the last one to a half weeks. The rangebound price movements might be characterized as a bearish consolidation phase given the recent decline from mid-$22.00s or the June monthly high. Read More... EDGE-FOREX   #silverprice #usd #aud #globalmarketupdates #forexnews #forextrading #gbp #jpy #edgeforex

  The US Congress established the Federal Reserve System (the Fed) in 1913. The US Dollar is used in many transactions, and the Fed’s actions and policies significantly influence currency value. Learn about the Fed’s past, how it affects the USD, and how to trade the Fed’s monetary policy choices. WHAT DOES FEDERAL RESERVE MEAN? The Federal Reserve is the nation’s central bank. It was established to provide the country with a secure, adaptable financial and monetary system. Its primary responsibilities are monitoring efficient, economical operation and establishing monetary policy, eventually acting in the public interest. Read More... EDGE-FOREX

  In this article, we have covered the highlights of global market news about the Natural Gas, Crude Oil, USD/JPY  and  USD/CAD. Natural Gas Futures:   The recovery seems to be solid. When taking into account CME Group’s advanced prints for the natural gas futures markets, open interest increased on Friday by around 11.2K contracts, reversing the prior daily decline. However, volume decreased for the second session in a row, this time by around 25.2K contracts. Natural gas prices significantly rose on Friday due to growing open interest, which suggests that more gains are anticipated very shortly. In contrast, the commodity may be heading for a peak of almost $9.60 per MMBtu in 2022. (June 8). Read More... forex signals telegram  

Few people know what a “Forex Swap” is or how it may cost you or even earn you money. It’s critical to understand how the swap may impact your account, particularly if you hold transactions for an extended time. You may believe you know all the expenses related to forex trading, but are you? Also known as the carry trade or the rollover charge, this cost may add up quickly while you’re trading. There will always be a fee connected with trading, regardless of the trading organization you are using or the financial market you are looking at. Read More... EDGE-FOREX   #swap #forex #forexnews #forexswap #hidencost #broker #trading #profit #usd #edgeforex

  In this article, we have covered the highlights of global market news about the Crypto Forecast, AUD/USD, S&P 500/ Nasdaq 100/ Dow Jones  and  XAU/ XAG. Crypto Forecast: As the “Merge” date is made public, BTC and ETH lead the rally While we are still one week away from the much anticipated U.S. Federal Reserve Meeting on July 27, this week has been whole with meaningful news stories that have caused volatility to rise. Over the last week, there has been significant momentum in the cryptocurrency market as a whole, and Bitcoin (BTC) has risen over the highs of its consolidation zone, which were $23,000, to reach a new high of $24,200. Read More... forex trading strategies   #crypto #cryptocurrency #globalmarketnews #goldprice #silverprice #aud #usd #forexnews #edgeforex

  Gold price soars to nearly one-week high of $1,735 after steep decline in US bond yields. The price of gold rose for the second day in a row and reached a record high on Friday. Fears of a recession and falling US bond rates help to underpin the safe-haven gold. The trend of tighter monetary policy globally might work against the non-yielding XAUUSD. Read More... EDGE-FOREX  

  One of the most popular types of technical analysis is trendlines. However, are you sketching them properly? If not, allow me to demonstrate. Many different types of technical analysis are used to study the markets. The application of support and resistance is, by far, the most typical. Trend Lines: What Are They? On a chart, a trend line is a line that is drawn between two levels to represent support or resistance, depending on the trend’s direction. The more often a price abides by a specific trend line, the more critical that trendline is. Read More... EDGE-FOREX  

  In this article, we have covered the highlights of global market news about the Price of Natural Gas, Dollar , Crude Oil Prices and  Gold Price . Futures for natural gas: Further increases seem to be unfavorable On Thursday, open interest in natural gas futures markets decreased by around 3.2 thousand contracts, which was the opposite of the previous increase when advanced prints from CME Group were included. After three days of daily increases, volume followed suit and decreased by roughly ten thousand contracts. Read More... forex factory   #leverage #fxtrading #foreignexchange #trading #forextrading #risk #forexnews #globalmarket #edgeforex

  Shiba Inu recently announced that it would be partnering with The Third Floor, a visualization business that has been working closely with Marvel for a long time. The Third Floor will create virtual locations, buildings, and landmarks for Shiba Inu’s metaverse using visual development techniques. Under certain circumstances, industry analysts have forecasted a 40 percent increase in the price of Shiba Inu puppies. The highly anticipated SHIB.io metaverse will be designed and developed by Shiba Inu in collaboration with a top-tier visualization firm, as was recently stated by the company. The Third Floor is well-known in the industry for its work on films and television series that are part of the Marvel Cinematic Universe. Analysts have forecasted a rise in the price of Shiba Inu in light of recent events and the rebound in the value of the meme currency. Read More... EDGE-FOREX  

  In this article, we have covered the highlights of global market news about the  NZD/USD, USD/JPY, EUR/GBP  and  USD/TRY . NZD/USD is on the defensive as the USD weakens. The NZD/USD pair saw some selling on Thursday, retreating from a multi-week high between 0.6270 and 0.6275 the day before. The pair continued to trade in a defensive posture during the early part of the European session. They were last seen trading in the vicinity of 0.6225 and 0.6230, which is just a tiny number of pip increments above the daily low. Read More... forex managed accounts uk   #trading #optionstrading #globalmaket #marketupdate #options #stockmarket #forex #forexnews #edgeforex

  Investors may speculatively predict the future course of the whole stock market or specific instruments, such as stocks or bonds, via the use of options trading. The opportunity to purchase or sell an underlying asset at a specific price by a certain date is provided by options contracts, but it’s not a legal requirement. What do Options mean? Without having to purchase the speculative asset in issue, investors may use options as tradable contracts to make predictions about whether its price will be more excellent or lower at a certain point in the future. Read More... EDGE-FOREX   #trading #optionstrading #globalmaket #marketupdate #options #stockmarket #forex #forexnews #edgeforex

  In this article, we have covered the highlights of global market news about the  GBP/USD, Gold price, EURUSD  and  AUD/USD . GBP/USD falls to 1.2000 after UK CPI, although the damage seems to be mitigated by a weaker USD. On Wednesday, the GBP/USD pair increased for the fourth straight day, moving back toward the two-week high attained the day before. However, the rise lacked bullish conviction and faltered again close to the 1.2040-1.2045 area. Following the publication of the UK consumer inflation numbers, spot prices swiftly declined a few pip-points, and they currently seem to have steadied around the psychological level of 1.2000. Read More... forex managed accounts  

  In this article, we have covered the highlights of global market news about the  GBP/USD, Gold price, EURUSD  and  AUD/USD . GBP/USD falls to 1.2000 after UK CPI, although the damage seems to be mitigated by a weaker USD. On Wednesday, the GBP/USD pair increased for the fourth straight day, moving back toward the two-week high attained the day before. However, the rise lacked bullish conviction and faltered again close to the 1.2040-1.2045 area. Following the publication of the UK consumer inflation numbers, spot prices swiftly declined a few pip-points, and they currently seem to have steadied around the psychological level of 1.2000. Read More... EDGE-FOREX   #forex #forextrading #forexnews #stockmaketnews #dollar #euro #gold #usd #gbp #edgeforex

In this article, we have covered the highlights of global market news about the  Gold Price, UK ILO, AUDUSD  and  USD/CAD . Gold Price seeks a comeback over $1,700 as DXY drifts sideways, and a comeback seems improbable. The price of gold (XAUUSD) has made a slight recovery after being muted throughout the Asian trading day. After reaching a low of $1,705.55, the price of the precious metal is now holding around an intraday high of $1,710.21, which it reached earlier today. The precious metal has not moved much over the previous week, with bidding occurring in a broad range between $1,697.64 and $1,723.83 despite the absence of any possible trigger that may steer the price in a different direction. Read More... forex trading reddit   #globalmarket #forexnews #forexmarket #forextrading #stockmarketnews #gold #usd #edgeforex

  The price of gold is off to a strong start for the new week and is moving away from a low reached the previous week over a year old. On the other hand, the intraday increase did not demonstrate sufficient bullish confidence, and it stalled out just in front of the $1,725 mark. During the early part of the North American session, the last time the XAUUSD was seen trading was in the neighborhood of $1,715 to $1,716. This represents an increase of more than 0.50 percent for the day. The United States Dollar’s fall has been supportive of gold prices. The United States dollar continues its retracement decline from a two-decade high and experiences significant selling for the second day in a row as the probability of a rate raise move by the Federal Reserve by 100 basis points in July decreases. This, in turn, is considered to be an essential component that provides some support to the gold priced in dollars.  Read More... EDGE-FOREX   #gold #goldprice #market...

  Over the years, Forex trading has attracted much attention and gained appeal among affluent people. But more novice traders are looking at it as a method to supplement their income as more individuals look for ways to work from home or in their free time. As a result, learning how to trade forex is becoming more popular. Sadly, most people are unaware of the subtleties, while others take enormous risks in the hopes of generating significant gains rapidly. Consider it carefully if you’re considering Forex trading for beginners as a possible option. Here are five quick strategies to get going without assuming unnecessary risks. Read More... forex trading for beginners   #forex #forextrading #Forex_Market #trading #stockmarket #foreignexchange #edgeforex

  In this article, we have covered the highlights of global market news about the  USD ,  Japanese Yen, the British pound  and  Silver price. USD Technical Outlook: USD/THB, USD/PHP, USD/SGD, USD/IDR Over the previous week, the US dollar has been more potent than the Thai baht. As a result, USD/THB reached a 2015 high of 36.668. The two, nevertheless, we’re unable to maintain a close above it. Instead, prices left a candlestick pattern known as a shooting star. Though it is still too early to assume anything, this indicates uncertainty. A tipping point may be indicated by more negative confirmation. A confirmation closing below the 50-Day Simple Moving Average (SMA) might indicate rising bearishness. Otherwise, continued upward movement from here would concentrate attention on the 37.458 123.6 percent Fibonacci extension. Read More... forex news   #stoploss #sharemarket #globalmarket #forex #investment #forexmarket #stockprices #edgefo...

  Stop-loss is one of the best tools for protecting investors from significant losses. Even though many investors are unaware of phrases like stop-loss or stop-loss order, they may save your life. Some people use it well to halt losses from their investment trip, while others avoid it owing to a lack of stop-loss expertise. When applied properly and effectively, stop loss may significantly impact investment . Every person who enters the stock market has to understand what stop-loss is. What are Stop-Loss Orders? Stop Loss orders are automatic instructions that the investor and broker put up to sell an investment and protect themselves from loss if the stock price drops to a certain threshold. Read More... EDGE-FOREX   #stoploss #sharemarket #globalmarket #forex #investment #forexmarket #stockprices #edgeforex

  In this article, we have covered the highlights of global market news about the  Gold Price, AUD/USD, Bitcoin  and  Peso. Gold Price Prediction: Turning or Burning as Bears Drive to 1700 This week’s decline in gold prices brought the loss from last month’s peak to -10%. (-9.96 percent, to be exact). Just before that move became apparent, I looked into a bearish reversal scenario, and a month later, bears are still firmly in charge of market activity. Before reaching resistance in 1880 in June, gold prices had developed a rising wedge shape. It’s common to practice approaching the rising wedge in search of bearish reversals, and that’s precisely what started to emerge towards the middle of last month. And now, a month later, there is still very much evidence as sellers have driven prices down to test the psychological level of 1700, which has helped maintain support until the conclusion of the week. Read More... fx signals   #gold #usd #...

  Making money from stock market investments may be risky, but adhering to the dos and don’ts may not be challenging. However, many investors, particularly novices, wind up doing things that could have been avoided and vice versa due to a lack of financial knowledge. Before taking your hard-earned money for granted, it is advised that you draw up your socks since investing in this erratic market may be nothing short of a wild trip. In this article, learn some of the fundamental yet crucial dos and don’ts of stock market investing. Read More... EDGE-FOREX   #silver #copper #silverprice #copperprice #usd #jpy #forexmarketupdate #forextrading #edgeforex

  On Friday, the value of the United States Dollar remained stable at a level that had not been seen in 20 years, despite a widespread wave of risk aversion that swept through global markets. Traders were toying with the possibility that the Federal Reserve might raise interest rates by 100 basis points later this month. A deluge of negative news over the previous day and a half impacted the mood, which led to the decline in the value of risky currencies such as the Australian Dollar and the British pound. As the earnings season for U.S. banks started on a weak note, China’s growth in the second quarter tanked more than was expected. Italy faced a new political crisis; the Dollar rose to its highest levels since September 2002, above 109, against a basket of its competitors. This occurred at the same time that the Dollar reached its highest level since September 2002. Read More... EDGE-FOREX   #silver #copper #silverprice #copperprice #usd #jpy #forexmarket...