It is now targetting to beat Read More. Gold and silver prices have sky rocketed in early U. Gold prices are at a six-year high, while silver prices hit a month peak.
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A key U. Federal Reserve official Thursday afternoon surprised the marketplace by his aggressively dovish comments on monetary policy. Talks are still on in the market of influential New York Read More. GBPUSD held on to its little positive note and is currently trading around the daily high, around the 1. With investors still trying to understand the recent Brexit related chaos.
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The RSI on a four-hour chart is just below 30 at the time of writing, indicating oversold conditions. The condition suggests a Read More. Gold continues to move lower. But information is king when it comes to making successful trades.
Software trading forex news
Currency price moves because of all of this information: economic reports, a new central bank chairperson, and interest rate changes. The internet is the obvious winner in our book, as it provides a wealth of options, at the speed of light, directly to your screen, with access from almost anywhere in the world.
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Individual forex traders will be amazed at the sheer number of currency-specific websites, services, and TV programming available to them. Most of them are free of charge, while you may have to pay for some of the others. While there are tons of financial news resources out there, we advise you to stick with the big names.
Bearish: EUR/GBP
These guys provide around-the-clock coverage of the markets, with daily updates on the big news that you need to be aware of, such as central bank announcements, economic report releases, and analysis, etc. Many of these big players also have institutional contacts that provide explanations about the current events of the day to the viewing public. In the U. For institutions. Login Open account.
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