AUD/USD Bullish Channel Breakout - Fundamental and Technical Outlook!

Australia has a couple of quarterly releases on the card this week. The trend of the Australian dollar is heavily dependent upon these economic events. Will they be enough to underpin Aussie? Let’s find out…
Australia’s consumer prices only grew by 1.8% from a year ago in Q4 2018. I...


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AUD/USD Bullish Channel Breakout - Fundamental and Technical Outlook!

To Trade or Not to Trade on Holiday

 
The Forex market is known as the most liquid financial market. The market runs 24 hours a day and gets investors from all around the world. This is what makes it be the most exciting market to trade at; however, during holidays the market is not as exciting as it usually is because of...


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To Trade or Not to Trade on Holiday

Why Risk Management Is Key In Forex & How To Start Using It Right Now

Hello and Welcome to the ditto educational series that will provide you with the skills you need to become a forex trader!
What is a Risk-Reward Ratio and how does it apply to us?
The concept of risk and reward is a basic one! It is simply a ratio of how much you are willing to risk in any given...


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Why Risk Management Is Key In Forex & How To Start Using It Right Now

FX Market Overview, April 22 – Key Economic Events This Week

Markets found a bit of calm earlier than Easter with fewer storms and new hopes, particularly for a trade deal. What’s next? The primary unleashes of US GDP stands out as markets come back to business.
Here the highlights for the subsequent week.
US Existing Home Sales:
Monday, 14:00. Existing h...


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FX Market Overview, April 22 – Key Economic Events This Week

Government Debt to GDP Ratio

Microeconomic Indicator in FOREX:
Government Debt to GDP Ratio
What is the Debt to GDP ratio?
Debt-to-GDP ratio is basically the ratio between the country’s total earning, i.e. GDP to its total debt. It is calculated by dividing total debt the nation has as of a particular year to that of its G...


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Government Debt to GDP Ratio

Government Debt to GDP Ratio

Microeconomic Indicator in FOREX:
Government Debt to GDP Ratio
What is the Debt to GDP ratio?
Debt-to-GDP ratio is basically the ratio between the country’s total earning, i.e. GDP to its total debt. It is calculated by dividing total debt the nation has as of a particular year to that of its G...


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Government Debt to GDP Ratio

Unemployment Rate

Microeconomic Indicator in FOREX:
Unemployment Rate
What is the Unemployment Rate?
Unemployment is defined as the situation, where people in the country do not have a daily job and are keenly looking for one in the past month. Employees who were laid off due to less availability of jobs and are...


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Unemployment Rate

Is Oil Group Losing Momentum? - Part 3

In our previous two posts, we’ve discussed Crude Oil and Brent Oil, two popular commodities for retail and professional traders alike. In this third and final part, we’ll review the Gasoline RBOB, probably very uncommon and unpopular to many traders, but it does not mean it is not...


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Is Oil Group Losing Momentum? - Part 3

Is Oil Group Losing Momentum? - Part 2

In the first part of this three-part series posts, we review what means the sideways Crude Oil structure and what to expect for the coming days. In this article, we evaluate the Brent Oil situation applying the Elliott Wave Theory.
Brent Oil – Movements Delayed?
Brent Oil completed a...


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Is Oil Group Losing Momentum? - Part 2

Is Oil Group Losing Momentum? - Part 1

The Oil Group has been moving sideways during the last trading sessions, but the question is: is it losing momentum? In this three-part articles series, we’ll analyse the current situation and what to expect of Crude Oil, Brent Oil, and Gasoline RBOB.
Crude Oil – The Second Equal Leg...


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Is Oil Group Losing Momentum? - Part 1

Forex News Events That Shake The USD Pairs

Forex News Events That Shake The USD Pairs

Forex News Event, a thing that all the Forex traders need to care about. Usually, there are so many news events taking place on a trading day. However, traders do not need to care all news events equally. There are some news events that are called...


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Forex News Events That Shake The USD Pairs

MetaTrader 4 Basics Shortcuts and Tricks Part I

Downloading, installing, basic concepts, and optimizing tips
Hello, traders, this is a small guide to help you get acquainted with MetaTrader 4. We will show, also some nice and helpful tricks
Download and installation
You can download your MT4 directly from your broker’s web page. There you sho...


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MetaTrader 4 Basics Shortcuts and Tricks Part I

FX Market Overview, April 19 – Good Friday, Trading Activity Remains Thin!

Forex Market Overview
Beige Book – US Market Continues to Improve
According to a report released by the Federal Reserve, the United States administration proceeds to improve while having strong labor markets. The “Summary of Commentary on Current Economic Conditions,” better...


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FX Market Overview, April 19 – Good Friday, Trading Activity Remains Thin!

The Inflation Rate

Microeconomic Indicator in FOREX:
Inflation Rate
What is Inflation Rate? 
The increase in the cost of goods and services over time is known as Inflation. This means you will have to pay more for the same amount of goods and services consumed by you, compared to the previous years. The rate at wh...


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The Inflation Rate

US Retail Sales Weights on Gold - Quick Technical Analysis

 
On Thursday the precious metal gold edged up recovering from near 4-month lows of 1,270. The bullish movement triggered after the economic data on eurozone businesses were under pressure reignited concerns about global growth, but a stronger dollar capped its gains.
Let us recall, the...


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US Retail Sales Weights on Gold - Quick Technical Analysis

EUR/JPY: Dramatic Fall In the EURO - Economic Events Disappoints!

There has been a sharp drop in the Euro crosses on the verge of worse than expected economic events. Many of the fundamental outcomes from the Eurozone missed their forecast, adding further pressure on the European Central Bank to keep monetary policy accommodative.
According to reports,...


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EUR/JPY: Dramatic Fall In the EURO - Economic Events Disappoints!

The Moving Average Convergence Divergence: MACD

Moving Average Convergence Divergence: MACD
The MACD is a superior derivation of moving average crossovers and was developed in 1979 by Gerald Appel as a market-timing tool.
MACD employs two exponential moving averages with different bar periods which are then subtracted, forming what Mr Appel ...


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The Moving Average Convergence Divergence: MACD

FX Market Overview, April 18 – Everything you Need to Know Today!

Forex Market Overview
The US stock market finished somewhat lower as a dip in healthcare shares overshadowed a series of positive corporate earnings. Moreover, upbeat economic data from the United States and China also supported the stock markets.
Quick Update on Chinese Policy & Economic...


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FX Market Overview, April 18 – Everything you Need to Know Today!

VISA and Coinbase Team Up to Release New Cryptocurrency Card

For quite a while now, the primary obstacle to the mainstream acceptance of cryptocurrencies has been the fact that retailers have not been willing to make the modifications required to accept these types of payments. Considering the challenges that significant variances in the rates within...


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VISA and Coinbase Team Up to Release New Cryptocurrency Card

IBEX 35 - Long-Term Outlook

The Spanish index Ibex 35 is running inside a long-term consolidation structure. In this analysis, we review the index sequence and how it can reach the previous highs reached in 2008.
The Big Picture
On the Ibex 35 monthly chart, we observe that it made five clear motive waves. The complete...


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IBEX 35 - Long-Term Outlook