Big Tech Layoffs Continues
Good morning Traders! The large size layoffs in the big tech companies continued with both Microsoft andGoogle parent company Alphabet announcing their intentions last week. Alphabet Alphabet has announced that it will slash it’s workforce by more than 6% by cutting about12,000 employees worldwide. Friday’s announcement met with a strong rally on the day, pushing […]
Forex Trading for Beginners: 10 Things You Need to Know
If you’re reading this, it’s likely that you’re interested in Forex trading and want to learn more about it. Trading Forex can be a profitable venture, but it’s important to understand the basics before getting started. In this article, we’ll discuss 10 things you need to know before starting out in the world of Forex […]
Mastering Chart Patterns: A Beginner’s Guide to Technical Analysis
What is Technical Analysis? Technical analysis is a methodology used by traders and investors to analyze historical price and volume data in order to make predictions about future price movements. It involves studying chart patterns, indicators, and other statistical tools to identify trading opportunities. Some key aspects of technical analysis that every beginner should know: […]
Why Major Currencies are the New Gold!
The rise in popularity of major currencies as a secure store of value has left many wondering about their feasibility. These currencies have gained immense traction recently due to being considered safer investments than stocks or real estate. Stability matters the most to investors, making them choose major currencies such as the US dollar, Euro […]
Nvidia Stock: A Newcomer to Trillion Dollar Club
Good morning Traders! With the possibilities of AI exciting the market, Nvidia has (briefly) entered the trillion dollar market cap club. Nvidia The stock has broken it’s previous all times highs of around the 345 and kept trading higher. The market is currently very overextended from it’s Moving Averages, and I am looking for technical […]
The Biggest Moving Charts Right Now
Hi traders! The first on my watchlist are the very bullish tech 100 index (or NSDQ) which took a real beating during the recent bear market, and now seems keen to make up for lost time. The other index is the Nikkei (or JP225) which was rangebound for more than a year, and is now […]
CHFJPY at a Level
Good morning Traders! Following the end of April sharp decline of the Japanese Yen, CHFJPY has broken its previous Monthly swing Higher High, signalling potential buyers’ momentum. CHFJPY: Overextended Market Pulls Back, Breaking Newly Found Downtrend After breaking to this new Higher High, the market was very overextended and had been pulling back, releasing some […]
Mixed Sentiments Displayed Today
Good morning, Traders! There are days when the price action is giving mixed signals. This often resolves itself by the time the U.S. session kicks off. Today there are many charts that are either over-extended, or simply too noisy to trade. When you hear of time when traders might need to sit on their hands? […]
November Holidays 2023
Dear Client, Please be informed,That due to the upcoming Holidays on November 2023,Trading hours will be adjusted as follows: Instrument Name 23rd of November 24th of November Thursday Friday US Spot Indices Early close 20:00 Early close 20:15 JP225 Spot Index Early close 20:00 Early close 20:15 AU200 Spot Index Early close 23:00 Early close […]
Applying Technical Analysis to Trading
Welcome to Part 3 of our series, Technical Analysis: The Key to Success in the Competitive World of Trading. In this edition, we will focus on applying technical analysis to trading, including identifying trends and developing strategies. Understanding how to identify trends and develop strategies can give traders an edge in the market and increase […]