The GameStop case refers to a significant event that occurred in early 2021 and involved both the stock of the retail company GameStop and a group of individual investors who organized themselves on social media platforms such as Reddit’s r/WallStreetBets. The event was held in conjunction with GameStop’s stock. The event highlighted a conflict between…
Category: finance
XAUUSD (GOLD) Are Bears Waiting?
The American dollar is able to hold its ground better thanks to the market’s mixed feelings, which has confirmed the price of gold’s downward trend for three days running. The yellow metal is utilizing the situation after a two-week break. After some officials postponed the eagerly anticipated interviews scheduled for Friday at the start of…
EURUSD Uncertain Future? Technical Analysis
After falling to its lowest point in a month at 1.0900, the euro-dollar is seeking to mount a technical corrective. The market’s more positive outlook in the European morning is assisting in containing losses, and risk perception may continue to direct movement up to the end of the week. Due to resurgent concerns about a…
How To Trade With Relative Strength Index (RSI)!
The Relative Strength Index (RSI) is a popular technical indicator used in trading to measure the strength of a security’s price action. The RSI is a momentum oscillator that measures the speed and change of price movements. It was developed by J. Welles Wilder Jr. and introduced in his book “New Concepts in Technical Trading…
XAUUSD (Gold): Will the Bears Take Over?
After yesterday’s erratic trading session, when the precious metal briefly surpassed $2050 before undergoing a severe sell-off and finishing in the red, gold prices have stabilized. Gold lost more ground this morning as the Dollar Index (DXY) hit a brand-new one-week high. Gold has unable to firmly climb over the $2050 mark despite mounting concerns…
10 Powerful Candlestick Patterns to Trade Wisely
Introduction One of the most used trading tools is the candlestick pattern. These patterns’ strength is used by millions of financial experts to spot market momentum, trends, and reversals. Trading opportunities can be found and profited from more easily if traders are able to recognize and use these 10 most potent candlestick patterns. Utilize Candlestick…
8 Benefits of Entry Orders in Forex Trading
Entry orders and forex trading go hand in hand. Utilizing these types of orders enables traders to gain an edge over the market. Entry orders enable traders to create a set-and-forget mindset and allows for more efficient execution and more situations to be more profitable and to reduce losses. Read on to learn more about…
How to Master Emotions in Trading!( And Profit)
Welcome to the thrilling world of trading! It’s a ride that can take you on quite the emotional rollercoaster. Fear, greed, frustration, and excitement are just a few of the emotions traders experience during market hours. Controlling these emotions is crucial to successful trading, but it’s not always easy.So, buckle up and join us as…
Crypto Investing vs Crypto Trading: Which Is Best For You?
Cryptocurrency has taken the world by storm, and with its popularity comes confusion surrounding the various terms and concepts associated with it. One of the biggest debates in the cryptocurrency world is the difference between crypto trading and crypto investing. While both practices involve buying and selling digital assets, they are vastly different. In this…
AI Making Waves in the Financial World
Introduction The financial world has undergone a revolution in recent years, with advancements in technology leading to the integration of artificial intelligence (AI). This development has changed the outlook of the banking and finance industry, making it more efficient and accessible. AI technology is being utilized to provide intelligent investing, automated banking, and predictive analytics….