Ethereum is a decentralized and open source blockchain platform that was first introduced in 2015. It is designed to make the creation and operation of decentralized applications (DApps) and smart contracts easier. Ethereum is a distributed computing platform that builds on the Bitcoin concept by allowing programmers to create decentralized applications using blockchain technology. Bitcoin…
Is Oanda the Best Broker for Your Needs? Honest Review
Oanda Broker: What Does It Mean? Oanda is a global online brokerage platform that provides clients with access to a wide variety of foreign exchange (FX), contract for difference (CFD), and commodity trading services. It began operations in 1997 and has since grown to become one of the most well-known and highly regarded brokerage firms…
10 SUPER Tips to Become a PROFITABLE Day Trader!
What is day trading? Buying and selling financial instruments, such as stocks, currencies, or commodities, within the same trading day is the objective of the trading strategy known as day trading. Day traders, as opposed to long-term investors who hold positions for weeks, months, or even years, aim to profit from short-term price fluctuations and…
What Happened To Gamestop Stocks? Case Study
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…
EURUSD Ready For Rebound? Technical Analysis
Since May 3, the EUR/USD pair has been retracing, with constant and unrelenting falls that have broken technical support levels such as 1.10, 1.0950, 1.0900, and 1.0880 (today). These were previously thought to be strong support levels, but in the current market conditions, they have proven to be easily broken. Several macroeconomic data releases and…
How To Become a Successful Part Time Trader!
With a daily turnover of more than $6 trillion, the Forex market, also known as the foreign exchange market, is the world’s largest and most liquid financial market. As a decentralized market, it is open 24 hours a day, five days a week, allowing traders from all over the world to participate. Individuals can profit…
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…