News and Information

  Friday's plunge is not the end of gold's woes. That is because gold investors remain enthusiastic even after Friday's plunge. This lack of fear of a bear market has led contrarian analysts to believe that gold has more room to fall.

  On March 4, the US market updated the support and resistance levels for gold, silver, platinum, palladium, crude oil, natural gas, copper (commodities), as well as the US dollar index, the euro, the pound, the yen, the Swiss franc, the Australian dollar, the Canadian dollar, and the New Zealand dollar (popular currency pairs). From Av...

  During the process of the RMB's inclusion in the SDR, there has been a lot of discussion about the RMB in the market. Some people point out that a reserve currency is not the same as a safe-haven currency. After the RMB becomes a reserve currency, there is still a long way to go before it becomes a safe-haven currency....

  In the practice of IG Forex, many investors have also gone through a similar stage of confusion: losing money and being overwhelmed. But as long as you don't give up easily and realize that you need help before your assets are completely exhausted, it is the first step to turn the situation around. The road ahead...

  On May 25-26, 2026, the US Central Command announced a "self-defense strike" against missile launch sites in southern Iran and Revolutionary Guard ships laying mines near the Strait of Hormuz. The operation was limited in scale and focused on...

  In common financial trading software, MT4 has attracted much attention because of its comprehensive functions. For example, MT4 can be used for simulated trading through the Daocheng Forex platform. Here is an easy way to use MT4. The advantages of MT4 are no longer...

  There are more than 190 countries in the world, which means investors have a wide choice of currencies when trading. However, many currencies are not widely adopted by foreign exchange investors due to differences in economic and monetary policies between countries. They prefer the world's major economies...

  The gold market is like an invisible arena, where intense games are played at every moment. Here, some people realize their dreams of wealth, and some people lose everything. Every participant hopes to succeed with wisdom, but those who can truly make steady profits...

  Floating spreads better reflect real market conditions, as quotes in the interbank market are always changing dynamically. Financial Institution Groups set bid and ask prices according to their own needs, and spreads naturally fluctuate. Transparency-conscious platforms like Australia Exchange use...

  Forex speculation is essentially a psychological war. As the saying goes, "there is no end to the rise, and there is no bottom to the fall." Investors should not get caught in the vortex of numbers. Daocheng Forex believes that whether you enter the market at the top or the bottom, you can only grasp the middle. Psychologically set a stop loss and take a profit of 3%...

  When entering the foreign exchange market, do not believe in rumors. The foreign exchange market is unpredictable. When investors engage in foreign exchange transactions, their judgment of the market must be based on full analysis. Do not blindly listen to rumors or rely on a foreign exchange review to enter the market. Such practices may...

  The latest data shows that on July 28, 2025, the Baltic Dry Index (BDI) closed at 2226 points, setting the lowest level in nearly three days, down 1.37% from the previous day, refreshing the largest single-day reading since July 21, 2025.

  On Monday, direct military confrontation broke out again between the United States and Iran in the Persian Gulf region. The two sides engaged in a fierce blockade and anti-blockade battle over the Strait of Hormuz, the world's key energy transportation channel. The conflict has not only shaken the...

  To the surprise of many, currency futures have long been the only trading tool available to individual forex traders. It was not until 1996 that the spread of computers and the Internet prompted spot retail brokers to offer spot forex trading. Forex futures...

  In the financial trading market, foreign exchange is increasingly favored by investors because of its stability, low risk and high return, as well as flexible trading hours and trading freedom. However, personal manual trading has obvious drawbacks even in the foreign exchange market. Currently, Waldorf...