by HFblogNews (Posted Fri, 07 Apr 2023 13:29:38 GMT) Date : 7th April 2023. Market Update – April 7 – Stocks & Dollar Higher Ahead of Jobs Day. Trading was cautious heading into the March jobs report and the Easter holidays. Most global markets will be closed on Good Friday, with much of Europe also shut for Easter Monday. Wall Street will not trade today, but the Treasury market will be open for an abbreviated session due to the employment report. The USD recovered from lows, Stocks closed a tad higher and Yields slipped again (US 10-yr at 3.288%). Gold tested down to $2,000 before set ..read more

by xtreamforex.com (Posted Fri, 07 Apr 2023 10:27:25 GMT) EUR/USD struggles to reach yearly high ahead of NFP report EUR/USD is struggling to test the yearly high (1.1033) as it fails to continue the series of higher highs and lows from the beginning of the week, and the U.S. labour market data (NFP) report may weigh on the exchange rate as employment is expected to rise further. The short-term recovery of EUR/USD seems to have stalled as it consolidates below the weekly high (1.0973), and developments in the US could affect the exchange rate as the Federal Reserve officials continue to take ..read more

by AmegaFX (Posted Fri, 07 Apr 2023 07:06:23 GMT) GOLD 07.04.2023 Medium-termtrend: Bullish The bull market is continuing. The price has already reached the target zone №1 2001.94-1995.64 and it is going to the target zone №2 2064.94-2058.64. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1969.06-1962.76. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed. Trading recommendation: It’s recommended t ..read more

by sabakanwal (Posted Thu, 06 Apr 2023 00:23:06 GMT) traderfx wrote:That's why it's important to choose a reputable broker in the very beginning is so important. You'll save time later. Choosing a right broker requires time and thorough research at trader's level and it is really hard recommending a reputed broker because of many brokers winding up every day while many joining the industry so i guess we better shortlist some of the brokers like hotforex, octa, fxcm, xm, exness, lmfx etc and checking their reviews online to further shortlist the right trading partner for the long run. Read ..read more

by sabakanwal (Posted Thu, 06 Apr 2023 00:18:19 GMT) capriform wrote:Leverage is double edged sword and must be handled carefully as it can lead to massive unrealized losses. Brokers like hotforex offers leverage of up to 1:1000 on micro accounts and 1:400 on their regular one however there are also some brokers with crazy offers like 1:3000 which seems pretty unrealistic to me. New traders being unaware of the market conditions should keep the leverage low in start because higher leverage can claim higher damages as well. Read Main Topic ..read more

by sabakanwal (Posted Thu, 06 Apr 2023 00:14:58 GMT) In my opinion every broker allows trading during news release as well as scalping however the thing which they don't allow is arbitrage which seems bit unethical too in my opinion. Read Main Topic ..read more

by sabakanwal (Posted Thu, 06 Apr 2023 00:11:59 GMT) Almost all brokers provide a demo account for free as their promotional tool and to test their processes without depositing any money with them. Also i usually recommend hotforex online webinars for traders education resources as these webinars can be taken live or either view past webinars on youtube. Read Main Topic ..read more

by Volkov Yuriy (Posted Wed, 05 Apr 2023 11:34:50 GMT) Weekly Outlook: Gold, Silver, Natural Gas Dear clients, With banks falling, fuel prices soaring and inflation roaring, the markets are going full Pinball. The only safe haven so far would be precious metals. This time, we'll be looking at gold, silver and gas, current and future movements. Join us on April 5 at 12:00 GMT. During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news. Again with the Charts: FreshForex Forecast Contest Dear clients, The contest is back! D ..read more

by katetrades (Posted Mon, 03 Apr 2023 06:53:53 GMT) RBA and RBNZ meetings, followed by employment data from the US and Canada will be the highlights of the week ahead of us. Please note that Friday is Good Friday holiday, liquidity will be thinner than usual and with NFP being published we could have greater than usual volatility. USD March consumer confidence improved to 104.2 from upwardly revised 103.4 in February. Households managed to look past banking turmoil and show us a picture of a healthy consumer. Final reading of Q4 GDP showed that consumer struggled mighty in the previous quar ..read more

by HFblogNews (Posted Sat, 01 Apr 2023 13:01:15 GMT) Date : 1st April 2023. Events to Look Out For Next Week. It’s a holiday shortened week ahead as most markets will be closed on Friday for the Easter holidays, however Inflation and Banks remain the focal point. The advent of a new month and new quarter could further improve risk appetite despite some ongoing jitters in regional banks, still tight jobless claims, and hawkish central bankers. Next week’s heavy dose of global data releases includes the RBA and RBNZ rate decision and the employment data from Canada, while US NFP is in the spo ..read more