If you have read our article “Introduction to Technical Analysis”, then you must be aware of the significance of technical analysis, which is used by master traders to predict the ups and downs of the financial markets. In this article, we are going to lift the curtain on the myth of technical analysis: Charts! Line […]

First things first, FOMC stands for the Federal Open Market Committee. Think of it as the mastermind behind the scenes, making decisions that can send shockwaves through the financial markets. In this article, we are going to walk you through the FOMC Meeting, and explain why it is a big deal for you. Interest rate […]

Fundamental factors are like puzzle pieces that shape the big picture of the financial world. These factors can influence the value of assets such as currency pairs, stocks, commodities, and even cryptos. In this article, we will uncover such key factors, which often create opportunities for intelligent investors and traders. Geopolitical events: Geopolitical factors like […]

If you are eager to understand the magic behind the financial markets, look no further than fundamental analysis! It’s time to unlock this exciting aspect of CFD trading and show you how to take advantage of it like a pro. What Is Fundamental Analysis? Fundamental analysis is all about exploring the real factors that drive […]

Focus on gold. Fundamentally speaking, the US released retail sales in July increased by 0.7% mom. The figure for June was also revised up to 0.3% from 0.2%, suggesting the U.S. economy continued to expand in 3Q and avoid recession. Consequently, inflation stays still in the short run.  With demand remaining resilient and labor market […]

The specification for US shares CFD will be adjusted during the end of the earnings season. Adjustment Details 1. Effective Date: Since 21, Aug 2023 2. Adjustment: The leverage of US Shares CFD will be adjusted from 20:1 to “33:1”. From 21, Aug 2023 Product Previous Leverage Leverage after updating US share CFDs 20:1 33:1 […]

Focus on EUR/USD. Fundamentally speaking, although Fed’s rate hike coming to an end, the U.S. dollar index continues to rise. According to data released by the CFTC last week, the short positions fell to the lowest level in eight weeks. Short-covering is fueling a rebound in the U.S. dollar index as hedge funds continue to […]

RBNZ might hold rates unchanged while institutions short on NZD The Federal Reserve Bank of New Zealand will announce the latest interest rate decision on Wednesday, and the market expects to keep the OCR official cash rate unchanged at 5.50%. At the moment, global economics are cooling, while the figures released by RBNZ are not […]

Oil, A Fiery Tale of Supply and Demand Last week, the reports released by the three major oil organizations gave investors a better understanding of the short-term crude oil market. After oil prices have been rising for some time, major adjustments are expected this week. The Dynamics of Demand and Supply In June 2023, global […]

Focus on EUR/USD. On fundamentals, last week PMI figures in the euro zone reconfirmed the pressure on the European economy, with the manufacturing sector recording 42.7 in July, the lowest manufacturing PMI since 2020. The PMI for the services sector was revised down to 50.9 in July, the lowest up to date. In this context, […]