As part of our commitment to providing our clients with the best reliability and service, there will be server upgrade & maintenance this weekend. Trading sessions this weekend are as follows: Date Trading sessions (GMT+3) Trade status 2023/9/2 (Sat.) 08:00-23:59 08:00 Late Open 2023/9/3 (Sun.) 00:00-23:59 Normal Friendly Reminder • The features of MetaTrader software […]

Watch out for ECB Lagarde’s words At last, the euro has shrugged off bad economic news and inflation has come under control. It might be the time for ECB to reconsider its tightening monetary policy . Investors will focus on whether the European Central Bank will pause interest rate hikes in September as expected. (Inflation […]

With easing policy, Yen sets to depreciate Japan announced the latest July core CPI annual rate excluding fresh foods rose 3.1% year-over-year, slightly down from 3.3% in the previous month. The figure matched with the Bank of Japan’s expectation. The slowdown is linked to lower energy prices, especially data from the Tokyo region showing a […]

Focus on AUD/JPY. Fundamentally speaking, Japan’s inflation has not declined, which increases the probability of the Bank of Japan’s future tightening policy. After a long-term depreciation, the yen has space for a short-term rebound. AUD/JPY has less room for arbitrage than USD/JPY. With strong USD, please watch out for AUD/JPY bear. Technically speaking, the AUD/JPY […]

Is a US Recession in 2023 Likely? Let’s turn the clock back to the end of last year. At that time, most investors and economists predicted that the US economy would inevitably suffer a recession in 2023 because of the environment of high interest rates. But today, at the end of July, the Federal Reserve […]

If you have read our article “Basic Types of Charts in Technical Analysis”, now it’s time to unlock the secret with technical analysis indicators. Let’s dive in! Moving Averages: Moving averages calculate the average price of a currency pair or any other asset over a specific period, such as 10 days or 50 days, to […]

Technical analysis in forex trading is like solving a puzzle using historical price data. It helps us understand the past and make predictions about the future. What is Technical Analysis? By studying these puzzle pieces—patterns, trends, support and resistance, and using indicators—we can make predictions about future price movements. But remember, technical analysis is not […]

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 […]