News and Information
The Road to Financial Freedom - My Forex Career
I started writing my memoir at a young age. Everyone, watch it lightly. Since it is a memoir, let's start from birth. The day I was born, I almost died! What happened that day affected my life! Cause: When I was born, I didn't cry. I was at home...
Invest in foreign exchange to overcome the fear of losing and stimulate the desire to win
Investing in foreign exchange requires us to overcome the fear of losing money! The mentality I often say, the fear of losing is one of them. Investing in foreign exchange, profits and losses are common. In the face of the lamentation of losers, technically speaking, it is nothing more than improper timing,...
Lazy foreign exchange trading rules: let the market run by itself
When we say "lazy", we usually think of someone lying at home, watching TV, eating potato chips, and drinking beer. No one is likely to associate "lazy" with wealth, but in my opinion, overemphasizing work may only be...
What is overnight interest?
Key Points: * Overnight interest is calculated based on the interest on the currency being bought minus the interest on the currency being sold * Carry traders typically trade using interest rate differentials in different currencies. In this article, we will take a deeper look at overnight interest rates. First we will explain the...
Effective technical stop-loss method commonly used in practice of foreign exchange speculation
In foreign exchange trading, stop-loss settings are combined with technical analysis to eliminate random fluctuations in the foreign exchange market, and stop-loss orders are set at key technical levels to avoid further expansion of losses. Generally speaking, the use of technical stop-loss methods is nothing more than a small loss.
The oil price remains slightly consolidated along the lower edge of the box, waiting for the direction to be selected
Oil prices edged higher on Wednesday on expectations that demand for crude from the US and Asian countries would remain stable, reflecting an improved economic outlook for the world's two largest crude consumers. Brent crude futures rose 29 cents to $69 a barrel, up 0 cents.
The dollar is approaching the upper edge of the box against the yen, and the short-term yen continues to be under pressure
The yen continued to come under pressure amid trade tensions, falling to a near three-week low against the dollar. In Asian trading, the dollar/yen extended last week's gains and traded above 147.30. Markets are betting that the Federal Reserve will maintain higher interest rates for longer,...
How to set MACD parameters in MT4 software?
How to set MACD parameters on MT4? First, let's see how to set MACD parameters on MT4? As shown in the picture above, select "Insert", "Indicator", "Go" and "MACD", and then the dialog box will pop up. (1) In the quick...
Market analysis: USD/JPY bulls regain control ahead of Federal Reserve meeting notes
The price showed a significant upward and downward trend during the day, with the highest reaching 147.178 and the lowest reaching around 146.501, indicating that the game between the long and short sides of the market is relatively intense.
Oil prices rebound to test box pressure, but influenced by global trade sentiment
Brent crude oil futures fell $0.21 to $69.37 a barrel, while U.S. WTI crude fell $0.37 to $67.56 a barrel. The previous session, crude oil prices rose nearly 2% in both indices. The U.S. total...
June non-farm data is expected to soften due to three key factors
The Bureau of Labor Statistics is scheduled to release non-farm payrolls data for June on July 3, 2025. Market consensus expects job creation to 120,000, down from 139,000 in May...
Technical analysis: Spot gold could test resistance at $3,335
Reuters technical analysis pointed out that spot gold could test the resistance level of $3,335 an ounce, and break through this resistance level could rise to the range of $3,348 to $3,364. The current rally is triggered by the key support level of $3,249,...
Has the gold rally yet reversed? The consolidation pattern has not been broken
From a technical standpoint, short-term risks remain skewed to the downside due to weaker momentum in the Relative Strength Index (RSI) and Moving Average Convergence Divergence Index (MACD).
Today's gold market: Gold prices remain stable
Gold prices held steady on Thursday as investors awaited U.S. inflation data to gauge the outlook for interest rates, while watching for an easing of geopolitical tensions in the Middle East, with palladium and platinum rallying sharply.
Is foreign exchange fundamental analysis useful and how to look at the fundamentals correctly?
Fundamentals are a way to predict the future trend of a product by analyzing the supply and demand of the product and the factors that affect it....

