PLUS1
Foreign Exchange
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 […]
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 is the most important thing in trading?
27 Aug 2020 @ 04:25
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
New Pattern Suggests That Bitcoin Could Crumble To the $10,000 Level If Bulls Don’t ”Save the Day”
21 Aug 2020 @ 13:26
Bitcoin (BTC) and the rest of the cryptocurrency market have been swept by intense volatility in today’s session, with the benchmark cryptocurrency plunging below the key $12k support. This drop saw BTC drop as far as $11,600 before bulls stepped in to prevent further declines. Many analysts believe that this sharp decline has disrupted Bitcoin’s […]
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, […]
