The yen earlier posted its biggest weekly drop of the year after the Bank of Japan signaled it was in no hurry to resume interest rate hikes, prompting Finance Minister Katsunobu Kato to say on Friday that Japanese authorities were concerned about recent exchange rate movements.#ForexBasicKnowledgeChallenge#YourFavoriteEATool

The yen earlier posted its biggest weekly drop of the year after the Bank of Japan signaled it was in no hurry to resume interest rate hikes, prompting Finance Minister Katsunobu Kato to say on Friday that Japanese authorities were concerned about recent exchange rate movements.#ForexBasicKnowledgeChallenge#YourFavoriteEATool

The Canadian dollar rose 0.44% to C$1.38 against the U.S. dollar, having earlier retreated to C$1.3879, its weakest since May 22. Canada was slapped with a 35% tariff, rather than the threatened 25%.#SharingTradingMistakesAndGrowth#BrokerEvaluation

The Canadian dollar rose 0.44% to C$1.38 against the U.S. dollar, having earlier retreated to C$1.3879, its weakest since May 22. Canada was slapped with a 35% tariff, rather than the threatened 25%.#SharingTradingMistakesAndGrowth#BrokerEvaluation

The dollar fell 0.76% against the Swiss franc in late New York trading to 0.806, having earlier hit 0.8171, the highest since June 23.#SharingTradingMistakesAndGrowth#BrokerEvaluation

The dollar fell 0.76% against the Swiss franc in late New York trading to 0.806, having earlier hit 0.8171, the highest since June 23.#SharingTradingMistakesAndGrowth#BrokerEvaluation

The euro rose 1.16% to $1.1547 against the dollar. Earlier on Friday, the euro fell to $1.1389, its lowest point since June 10.

The euro rose 1.16% to $1.1547 against the dollar. Earlier on Friday, the euro fell to $1.1389, its lowest point since June 10.

The unemployment rate rose to 4.2% from 4.1% in June, in line with expectations. June job creation was revised down to just 14,000 from the previously reported 147,000.

The unemployment rate rose to 4.2% from 4.1% in June, in line with expectations. June job creation was revised down to just 14,000 from the previously reported 147,000.

The dollar fell against the euro and yen on Friday, posting its biggest one-day drop since April, after data showed U.S. employers added fewer jobs in July than economists expected and June's job gains were revised sharply lower, leading traders to increase bets on how many times the Federal Reserve may cut interest rates this year.#BrokerEvaluation

The dollar fell against the euro and yen on Friday, posting its biggest one-day drop since April, after data showed U.S. employers added fewer jobs in July than economists expected and June's job gains were revised sharply lower, leading traders to increase bets on how many times the Federal Reserve may cut interest rates this year.#BrokerEvaluation

Eight OPEC+ members are expected on Sunday to approve an oil output increase of as much as 548,000 barrels per day (bpd) in September. Another person said discussions on the size of the increase were ongoing and the final hike could be smaller.#SharingTradingMistakesAndGrowth

Eight OPEC+ members are expected on Sunday to approve an oil output increase of as much as 548,000 barrels per day (bpd) in September. Another person said discussions on the size of the increase were ongoing and the final hike could be smaller.#SharingTradingMistakesAndGrowth

Oil prices tumbled about $2 on Friday as investors worried that OPEC+ might increase oil production and a weaker-than-expected U.S. jobs report heightened demand concerns.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Oil prices tumbled about $2 on Friday as investors worried that OPEC+ might increase oil production and a weaker-than-expected U.S. jobs report heightened demand concerns.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Market participants currently expect the Fed to cut interest rates twice before the end of the year, with the first cut in September. Earlier this week, the Fed kept its benchmark interest rate target range unchanged at 4.25% to 4.50%, with Fed Chairman Powell stating that "we haven't made any decisions about September yet."#SharingTradingMistakesAndGrowth#BrokerEvaluation

Market participants currently expect the Fed to cut interest rates twice before the end of the year, with the first cut in September. Earlier this week, the Fed kept its benchmark interest rate target range unchanged at 4.25% to 4.50%, with Fed Chairman Powell stating that "we haven't made any decisions about September yet."#SharingTradingMistakesAndGrowth#BrokerEvaluation

This increases the likelihood that the Federal Reserve will cut interest rates later this year. Gold is a non-yielding asset that tends to perform well in a low-interest rate environment. The U.S. Bureau of Labor Statistics said U.S. job growth slowed more than expected in July, with nonfarm payrolls increasing by 73,000 jobs after a downwardly revised 14,000 increase in June.#SharingTradingMistakesAndGrowth

This increases the likelihood that the Federal Reserve will cut interest rates later this year. Gold is a non-yielding asset that tends to perform well in a low-interest rate environment. The U.S. Bureau of Labor Statistics said U.S. job growth slowed more than expected in July, with nonfarm payrolls increasing by 73,000 jobs after a downwardly revised 14,000 increase in June.#SharingTradingMistakesAndGrowth

Amazon เป็นตัวฉุดดัชนีอุตสาหกรรมดาวโจนส์ S&P 500 และ Nasdaq มากที่สุด และทำให้กลุ่มสินค้าฟุ่มเฟือยลดลงเกือบ 3.6% ซึ่งถือเป็นผลงานที่แย่ที่สุดในบรรดา 11 กลุ่มสินค้าหลัก#SharingTradingMistakesAndGrowth#BrokerEvaluation

Amazon เป็นตัวฉุดดัชนีอุตสาหกรรมดาวโจนส์ S&P 500 และ Nasdaq มากที่สุด และทำให้กลุ่มสินค้าฟุ่มเฟือยลดลงเกือบ 3.6% ซึ่งถือเป็นผลงานที่แย่ที่สุดในบรรดา 11 กลุ่มสินค้าหลัก#SharingTradingMistakesAndGrowth#BrokerEvaluation

The Dow Jones Industrial Average fell 1.23% to 43,588.58, the S&P 500 dropped 1.60% to 6,238.01, and the Nasdaq dropped 2.24% to 20,650.13.

The Dow Jones Industrial Average fell 1.23% to 43,588.58, the S&P 500 dropped 1.60% to 6,238.01, and the Nasdaq dropped 2.24% to 20,650.13.

Market expectations for a 86.5% chance the Fed will cut interest rates by at least a quarter point at its September meeting were up from 37.7% the previous session, according to CME's FedWatch tool.

Market expectations for a 86.5% chance the Fed will cut interest rates by at least a quarter point at its September meeting were up from 37.7% the previous session, according to CME's FedWatch tool.

U.S. crude oil traded around $66.92 per barrel. OPEC+ reached a consensus on Sunday and decided to complete the original one-year production recovery plan ahead of schedule in September this year, significantly increasing crude oil production by 548,000 barrels per day.#SharingTradingMistakesAndGrowth#BrokerEvaluation

U.S. crude oil traded around $66.92 per barrel. OPEC+ reached a consensus on Sunday and decided to complete the original one-year production recovery plan ahead of schedule in September this year, significantly increasing crude oil production by 548,000 barrels per day.#SharingTradingMistakesAndGrowth#BrokerEvaluation

Spot gold was trading around $3,357.60 an ounce. Gold prices rose nearly 2% on Friday, hitting a one-week high, as weaker-than-expected U.S. non-farm payroll data boosted expectations of a Federal Reserve rate cut, while new tariff announcements stimulated safe-haven demand.#BrokerEvaluation

Spot gold was trading around $3,357.60 an ounce. Gold prices rose nearly 2% on Friday, hitting a one-week high, as weaker-than-expected U.S. non-farm payroll data boosted expectations of a Federal Reserve rate cut, while new tariff announcements stimulated safe-haven demand.#BrokerEvaluation

Malaysia's palm oil exports to the United States surged 51.8% year-on-year to 93,000 tons in the first five months of this year.#BrokerEvaluation

Malaysia's palm oil exports to the United States surged 51.8% year-on-year to 93,000 tons in the first five months of this year.#BrokerEvaluation

#GoldAnalysis@WikiFX News

#GoldAnalysis@WikiFX News

I am any account manage，Keep a good grasp of foreign exchange trends#SharingTradingMistakesAndGrowth

I am any account manage，Keep a good grasp of foreign exchange trends#SharingTradingMistakesAndGrowth

The robust UK forex market is attributable to the increasingly fair trade practices between brokers and investors. These practices are largely due to the investor protection measures introduced by the Financial Conduct Authority (FCA). These include a compensation worth £85,000 from the Financial Services Compensation Scheme (FSCS) should the broker become insolvent. The FCA further mandates the broker to maintain client records separately from their own, allowing increased transparency and investor trust. In no situation can the investors’ account balance become negative. At the same time, the brokers have been mandated to issue standardized risk warnings associated with forex trading to investors.

The robust UK forex market is attributable to the increasingly fair trade practices between brokers and investors. These practices are largely due to the investor protection measures introduced by the Financial Conduct Authority (FCA). These include a compensation worth £85,000 from the Financial Services Compensation Scheme (FSCS) should the broker become insolvent. The FCA further mandates the broker to maintain client records separately from their own, allowing increased transparency and investor trust. In no situation can the investors’ account balance become negative. At the same time, the brokers have been mandated to issue standardized risk warnings associated with forex trading to investors.

Forex trading is not for the faint-hearted but for the visionary. There will be losses in trade. However, losing your focus and getting negative will only compound your cause. See losses as your teacher, who usually gives you constructive feedback. Analyze your loss, where you went wrong, what better you could have done, prepare, execute, and enjoy the success. Secondly, implement the price action strategy because it not only tells about the market movement but also signifies the psychological state of traders in the market. Pick out points where you can maximize in the given situation. Also, as in life, we learn one thing at a time. In forex trading, you don’t need to master everything at once. You can begin by spotting key market levels and then go on to learn about the trend strength.

Forex trading is not for the faint-hearted but for the visionary. There will be losses in trade. However, losing your focus and getting negative will only compound your cause. See losses as your teacher, who usually gives you constructive feedback. Analyze your loss, where you went wrong, what better you could have done, prepare, execute, and enjoy the success. Secondly, implement the price action strategy because it not only tells about the market movement but also signifies the psychological state of traders in the market. Pick out points where you can maximize in the given situation. Also, as in life, we learn one thing at a time. In forex trading, you don’t need to master everything at once. You can begin by spotting key market levels and then go on to learn about the trend strength.