Currency

Is there anything good about loss?

20 Sep 2020 @ 18:48
We trade to make profits, and therefore we hate losses and like profits. However, when we put losses in proper perspective, we would see it as occasional blessings in disguise. Losses can be a good thing if they make you evolve into a better and more effective trader. You will then be able to trade […]
 

Chainlink (LINK) Price Analysis: LINK Continues Its Bearish Pattern, May Drop to $4 Low

20 Sep 2020 @ 18:42
LINK price making a series of lower highs and lower lows The market may fall to $4 low if the support at $9.50 is breached Chainlink (LINK) Current Statistics The current price: $11.01 Market Capitalization: $3,853,295,393 Trading Volume: $1,244,310,906 Major supply zones: $18.00, $20.00,$22.00 Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September […]
 

Forex Leverage 101: Everything You Need To Know

17 Sep 2020 @ 19:33
Leverage in foreign exchange trading can be either a curse or a blessing in disguise. Simply put, leverage refers to capital provided by a broker to a trader to use at an interest-free rate or for a very small fee. Leverage in trading is often calculated as a multiple on a trader’s deposit in their […]
 

USDCHF Sustains Selling Bias Towards Sub 0.9100 Level As the US Dollar Stays Under Pressure

11 Sep 2020 @ 21:10
USDCHF Price Analysis – September 11 USDCHF drops beneath 0.9100 level, down 0.25% on a day, during the European session on Friday. The USDCHF pair sustains selling bias falling sharply for the third day in a row. The Swiss franc holds onto recent strength after the ECB meeting as the US dollar stays under pressure. […]
 

EUR/GBP Resumes Uptrend, May Break Above Level 0.9250

11 Sep 2020 @ 20:13
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bullish The EUR/GBP pair is on an upward move since September 3. The price has broken level 0.9150 and reached a high of level 0.9250. The price reached the overbought region. Sellers may emerge to push prices downward. In the trend […]
 

Things You Must Know About Foreign Exchange Brokerage

09 Sep 2020 @ 23:52
Foreign exchange is the largest financial market globally, with over $4 trillion traded every day. There is no central market for forex trading. The brokers connect the traders to the trading markets. Due to the volatility of the market, you stand to make high profits or great losses if you are not a diligent trader. […]
 

The Role of a Forex Brokerage

09 Sep 2020 @ 18:15
In broad terms, a forex broker or brokerage is the gap or middleman between the trader and the market. Naturally, the trader doesn’t have the means, nor the leverage to directly access the forex market. Basically, the trader needs a broker to be active on the market. It doesn’t matter whether you’re a professional or […]
 

XAGUSD Bulls Re-Attempts Resistance at $28.15 Level

03 Sep 2020 @ 09:35
XAGUSD Price Analysis – September 2 Silver price increases past the $28.15 hurdle, up 0.45 percent on a day, during Wednesday’s session. The white metal leaps forward to the sixth month of gains also since it swung off in April. While the recent weakening risk-tone bias might contest the initial trajectories of the bullion, wide […]
 

What Exactly Is DeFi? All You Need to Know

27 Aug 2020 @ 04:10
Decentralized Finance (DeFi) is the fusion of traditional banking services with decentralized technologies like blockchain. DeFi may also be called Open Finance due to its inclusive format. It is important to note that the DeFi community is committed to creating alternatives to every financial service currently available. These services include items such as savings and […]
 

Ethereum Price Analysis: ETH Faces Rejection, May Revisit $400 Support Level

21 Aug 2020 @ 13:16
Key Highlights Ethereum faces rejection at $440, may continue selling presure Ethereum has the chance of reaching its target price of $480 Ethereum ( ETH) Current Statistics The current price: $412.58 Market Capitalization: $46,308,157,897 Trading Volume: $12,328,754,634 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis August 19, […]
 
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