News and Information

  A chart showing direct support resistance: covering the US dollar, European, Japanese, commodity currencies, and emerging currencies, updated at 14:00 on Monday, August 4, 2025, including USD/EUR, USD/JPY, GBP/USD, USD/CHF...

  On Thursday (December 4), during the Asian and European trading hours, Japan's financial marekt became the focus of the world. The dollar/yen exchange rate fluctuated and came under pressure near the 155 mark. The 240-minute chart shows that the price is running below the key moving average and is currently reported at 154....

  Gold prices remained weak around $4,210 in Asia on Wednesday as the market remained highly cautious about the Federal Reserve's upcoming policy stance. Traders widely expect the Fed to cut interest rates for the third time this year, but more worried about...

  Let's face it, markets always work their way, and every day is a new challenge. From world politics to major economic events to central bank rumors, almost anything can change the price of a currency in a short period of time. This means that every time we...

  1. Description of the concept of long top and bottom (1) Long bottom: The current bottom is greater than the previous bottom. (2) Long top: The current top is greater than the previous top. (3) Strong long bottom: The current bottom is greater than the previous bottom, and greater than the previous top. (4) Weak...

  On Tuesday (February 3, Beijing time), spot gold traded around $4,734.70 an ounce in early Asian trading. Gold prices fell more than 4% on Monday, mainly due to the fact that the new chairperson of the Federal Reserve may be inclined to cut interest rates and implement stricter balance sheet policies.

  On Thursday (October 16), the euro rose for a third consecutive session against the dollar. It is currently trading around 1.1663, up about 0.15%. It had previously hit a new one-week high of 1.1674. The speech of Federal Reserve Chairperson Powell strengthened...

  Technical indicators have penetrated into the hearts of every foreign exchange investor, and those who really engage in foreign exchange operations have a set of technical indicator systems they are accustomed to. This system will be of great help to us after long-term testing. Especially in IG foreign exchange and other flat...

  In the process of understanding the basics of foreign exchange, the mastery of mindset is a crucial part. Forex trading mindset can often directly affect the success or failure of an operation. Next, let's share some tips on how to adjust your mindset in foreign exchange trading...

  As soon as many foreign exchange beginners enter the market, they are prone to frequent operations. On the surface, they seem busy, but in reality, they are difficult to make profits and even suffer large losses. In fact, before engaging in foreign exchange trading, beginners should make adequate preparations first, and only know themselves and their enemies...

  Everyone knows the dollar sign "$", but did you know that this symbol is actually the first sign of the Spanish peso? Do you know why 10 dollars is recorded as "10 dollars" instead of "10 $"? Do you know that the word dollar originated from Bohemian...

  As all professional traders know, a good mindset is one of the crucial factors in successful trading. You may be proficient in various technical indicators, familiar with risk management, and even have a comprehensive knowledge of the foreign exchange market, but if you can't control your emotions, you will...

  On Wednesday (April 15), international crude oil prices rose sharply after intraday volatility. WTI U.S. crude oil futures were trading at $91.65/barrel, up 0.41%, having hit a three-week low near $86.96 earlier.

  On Wednesday (February 11) in New York, the US non-farm payrolls report for January was disclosed as scheduled, with data showing a slightly higher than expected trend, providing moderate support for the dollar. The euro fell under pressure against the dollar in the short term, and is currently trading in the shock zone near 1.1910.

  In order to overcome the weaknesses of human nature and eliminate the negative effects of emotions in actual trading, a considerable number of traders have developed various mechanical trading systems, expecting to achieve certain profit goals through machine trading. The author has personally developed and operated...