Financial Conduct Authority (FCA) has issued a warning against seven unauthorised brokers on 26 May, 2023. FCA has urged the public to be cautious and to avoid doing business with these brokers.
GBP/USD remains subdued within a two-week bearish channel, facing resistance at a crucial confluence of key moving averages. The relative strength index (RSI) holds steady and the MACD signal is bullish, providing some respite for GBP bears. The 78.6% Fibonacci retracement level and previous monthly low act as attractive levels for short positions.
Conveying a compelling tone, this guide will equip you with the skills and knowledge needed to excel as an advanced trader in the Forex market.
The study analyzed about 37,000 forex candles, identifying over 200 Bearish Engulfings (BEs), suggesting BEs serve better as market peaking signals rather than reversal ones. While the average post-BE trend showed a slight downward bias, about 2/3 stayed below the peak, indicating potential predictive power.
In the ever-evolving world of forex trading, having access to reliable information is crucial for making informed decisions.
On May 27, 2023, the Wiki Finance Expo Singapore 2023 kicked off with great enthusiasm at the prestigious Sands Expo and Convention Centre, Marina Bay Sands in Singapore. The Expo served as a platform for thousands of guests, industry leaders, and enthusiasts to gather and delve into the emerging trends and groundbreaking innovations within the realms of Forex, Web 3.0, blockchain, and various other transformative technologies.
In the vast and complex world of forex trading, finding a reliable broker is crucial for success. Europe, with its diverse financial markets, offers a multitude of options for forex traders. However, it is important to exercise caution and be aware of potential scams. One way to navigate this landscape is by utilizing trusted platforms like WikiFX.
As an investor, it is important to be aware of the potential risks associated with trading in the foreign exchange market. Unfortunately, there are several scam forex brokers in India that you must avoid at all costs. In this article, we are providing you a list of Scam Forex brokers in India . Take a look at this list and avoid such fraudulent brokers.
In today's article, WikiFX will explore Flasherex in depth to help you decide whether to use this platform. Keep reading to find out more!
Backtesting and demo trading are critical tools for financial trading, allowing traders to refine strategies, manage risk, and gain experience without financial loss. Backtesting uses historical data to test strategies, while demo trading simulates real-time market conditions for practice. These tools can enhance preparedness for live trading.
Tradeweb Markets Inc. has finalized a cash agreement to acquire Yieldbroker for AUD 125 million.
The USA is a very different political animal to what it was 10 years ago Far more polarised and generally aggressive. The debt level is absolutely out of control and headed for a developing nation status.
The U.S. gas prices remain steady at $3.65 per gallon as Memorial Day approaches. This drop in prices is linked to reduced gas demand and fuel usage. The East Coast, Gulf Coast, and Midwest regions experience lower prices, while prices remain high in the west. Experts predict robust travel demand during the summer, with gas prices remaining steady barring significant weather disruptions.
OANDA, a leading global forex broker, has issued a warning to traders about the potential volatility in the forex market due to Turkish presidential elections. OANDA has advised traders to exercise caution when trading the Turkish lira and other related currency pairs.
I is transforming Forex trading by providing data-driven insights, enhancing trading strategies, and predicting market changes. It also helps manage risk and adapts to changing market conditions. However, despite its advantages, AI usage requires ethical considerations, human oversight, and proper risk management strategies.
The CEO of DBS Digital Exchange (DDEx), the digital asset exchange under DBS Group, expressed that the collapse of LUNA and FTX last year severely shook public confidence in cryptocurrencies. Some users turned to DeFi, but he believes that centralized exchanges will continue to exist in the future.
Forex trading is a dynamic and complex market that requires traders to make informed decisions based on various factors.
Financial Conduct Authority (FCA) has issued warning against Five unauthorised brokers on 25 May,2023. FCA has urged the public to be cautious and to avoid doing business with these brokers. Here are the names and screenshots of such brokers.
The oil market experiences selling pressure as prices reach around $72.00 due to market expectations of no early OPEC production cuts. US debt ceiling negotiations remain at a standstill, while oil prices hover near a significant level since the uptrend line started from the low point of $67.47 on May 4th.
CFI Financial Group has expanded its global presence with the establishment of CFI Egypt in Cairo. The new branch offers access to over 200 stocks listed on the Egyptian Exchange and operates under the strict regulations of the Financial Regulatory Authority. This is CFI's ninth regulatory authorization globally.