Overall Rating Overall Ranking Trading Terminals 1.4 2.5/5 138th OPEN AN ACCOUNT WITH STARTRADER Evaluation Criteria The Dumb Little Man team, made up of financial specialists, seasoned traders, and personal investors, leverages advanced algorithms for in-depth reviews of brokerage firms. They focus on critical aspects like: User Experience Profit Potential Reliability Broker Expertise Cost-effectiveness By integrating feedback from actual users, they offer an impartial and thorough assessment. Their comprehensive research identi ..read more

Strategic Petroleum Reserve Replenishment Crude oil prices experienced a boost on Thursday, driven by speculations that the U.S. may soon purchase oil to refill its Strategic Petroleum Reserve. After a substantial drawdown in 2022, the U.S. aims to replenish at prices no higher than $79 per barrel—a level close to current market prices. This development offered much-needed support to a market lacking positive drivers. Market Dynamics and Economic Indicators The oil market’s recent downturn was exacerbated by reports of rising U.S. oil stockpiles and the potential for a ceasefire between Israel ..read more

US Dollar Dynamics Post-Fed Decision Source: DailyFX The U.S. dollar (DXY) saw a modest decline on Thursday, continuing to retract after the Federal Reserve’s decision to maintain interest rates between 5.25%-5.50%. Notably, the Fed also adjusted its quantitative tightening approach, reducing the roll-off of maturing Treasuries from $60 billion to $25 billion starting in June—a move that surprised many in the bond market. While the Fed’s inflation warnings suggest persistent price pressures, Chair Powell provided a nuanced view in his press conference, indicating a high threshold for rate cuts ..read more

The appeal of following the crowd in trading—capitalizing on rising prices and retreating during downturns—is well recognized. However, experienced investors often find that true opportunities lie in adopting a contrarian stance. Tools like the IG client sentiment indicator provide crucial insights into market consensus, potentially indicating when extreme bullish or bearish sentiments may signal a trend reversal. While contrarian signals are not foolproof profit-guarantees, they are most effective when integrated into a holistic trading strategy. By blending these insights with technical and ..read more

DAX Edges Higher Source: DailyFX The DAX index has recorded a slight increase overnight, yet it still lingers below the 50-day simple moving average (SMA). Surpassing this SMA could reinforce the bullish outlook which remains intact as the index continues to stay above its mid-April lows. Looking ahead, the next targets for short-term gains are last week’s peak at 18,240, followed by a push towards late March’s record highs. Conversely, a dip below 17,800 might signal a retest of the lows seen in April. Nasdaq 100 Remains Subdued Ahead of Apple’s Earnings Source: DailyFX Following the Federal ..read more

Amsterdam is well-known not only for its scenic canals and vibrant culture but also for its comprehensive mental health services. Here, finding a licensed therapist requires sorting through a large number of choices to choose which one best suits your emotional and psychological requirements. This guide is meant to make that procedure easier. Whether your needs are related to stress management, personal development, or assistance during a difficult period, our directory of Amsterdam’s top therapists can assist you in selecting a provider who will best meet your therapeutic objectives. What is ..read more

Dubai isn’t just about high-rises and luxury malls; it’s also a great place to find some top-notch therapists. Whether you’re looking to untangle your thoughts or need some strategies to handle stress, there’s a therapist here for everyone. Let’s dive into our list of the best in the city, and find someone who can really help you feel like yourself again. How do I know if I need therapy? Image: Canva Making the decision to seek treatment may sometimes feel like a major step. In general, it’s something to think about if you’re dealing with chronic stress, worry, or depression that you find diff ..read more

Bitcoin recently experienced a sharp decline after reaching an all-time high in March, driven by factors such as reduced demand, increased miner selling, and bearish market sentiment. Bitcoin’s journey to its peak in March was impressive, soaring to an astonishing $73,000. However, it soon took a sharp downturn, plummeting to a range between $57,000 and $62,955. Substantial liquidation events exacerbated this decline, adding downward pressure. Several factors contributed to this downward trend, including reduced demand, increased miner selling, bearish market sentiment, and unfavorable technic ..read more

Source: DailyFX As stock indices falter ahead of the FOMC meeting, the FTSE 100 stands resilient, attracting foreign investors despite market turbulence. Hovering near 8,200, it aims for a record high around 8,301. Support rests between 8,046 and 8,003, while resistance may appear near 8,120. Dow Dips Before FOMC Source: DailyFX The Dow Jones Industrial Average retreats to last week’s levels, hitting 37,735 on Tuesday. Elevated inflation concerns, fueled by increased employment costs and slipping consumer confidence, weigh on the index. Key levels to watch are 37,592 and 37,237, with minor res ..read more

Source: DailyFX Gold prices experienced a slight decline on Monday, as anticipation builds ahead of key events later in the week, notably the FOMC monetary policy announcement and U.S. employment data release. This caution among traders could limit volatility until Wednesday afternoon, awaiting the U.S. central bank’s guidance. Trendline support at $2,320 might stabilize the market, resisting a further downturn. However, a breach of this level could invite bearish pressure towards $2,295, potentially leading to a retreat to $2,260. Conversely, a bullish rebound may encounter resistance at $2,3 ..read more