Following a challenging period of downturns and fluctuations, the cryptocurrency market is now experiencing a surge in value driven by easing global macroeconomic pressures and decreasing inflation. On March 13, 2023, the total market capitalization of cryptocurrencies once again exceeded $1 trillion. As Bitcoin, Ethereum, Cardano, and Coinbase continue to soar, we explore crypto trading strategies traders can employ to profit from this rally!
Forex counter trend trading strategy implies trading in the opposite direction of market trends instead of following them. By employing this strategy, traders will be able to profit from market movements that are opposite to the current trend. While counter trend trading is a high-risk approach to Forex trading, if used correctly, it can yield significant benefits for traders by enabling them to capitalize on market shifts that others may not notice!
MicroStrategy said it now holds 138,955 BTC acquired for approximately $4.14 billion at an average price of $29,817.
Happy Grub Hospitality Private Limited is a Private incorporated on 11 April 2015. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai.
The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein.
The Canadian dollar strengthened against its U.S. counterpart on Monday, notching up its biggest advance in two weeks, as signs of easing stress in the banking sector contributed to a surge in oil prices.
Some investors and analysts are calling for more coordinated interventions from central banks to restore financial stability, as they fear that tumult in the global banking sector will continue amid rising interest rates.
During the Asian session on Tuesday (March 28), the rebound of spot gold was hindered, and the current trading price is around $1958.71 per ounce. Although the weakening of the US dollar once provided support for the gold price, due to the dust settled in the trading of First Citizen Bank's acquisition of bank assets in Silicon Valley, European and American bank stocks rose sharply, dampening the market's safe haven demand for gold. Moreover, the gold price has fallen after being blocked for man
As concerns about the banking crisis eased, spot gold fell sharply by $30 from its intraday high, narrowly holding the 1950 level, and ended down 1.1% at $1956.61 per ounce; Spot silver fluctuated around the 23 level and ended down 0.62% at $23.07 per ounce.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-03-28
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Foreign exchange broker MACRO has offered its view on the bankruptcy of Silicon Valley Bank, suggesting that it could have an impact on the foreign exchange market for both the US dollar and gold. In the short term, investors may turn to more stable assets such as gold, while the US dollar may suffer as investor confidence in the US economy and financial markets slips. However, we should note that the prices of these varieties are influenced by a number of factors, such as the global epidemic, e
MACRO's foreign exchange analysis team has assessed the short term outlook for the Eurodollar exchange rate. Combining the economic recovery in the Eurozone with the negative impact of the US Dollar from a number of factors, we forecast that the Eurodollar exchange rate will continue to trend higher. Although market volatility and risk remain, traders are advised to plan their trades and risk management strategies accordingly, depending on their capital strength and trading experience. Translat
The week ahead: 5 things to watch
On Monday, March 27th, at the beginning of the Asian market, US oil was trading near $69.68 per barrel; Oil prices closed lower on Friday as European bank stocks fell and US Energy Secretary Glenholm said it could take several years to replenish the country's Strategic Petroleum Reserve (SPR), which dampened demand prospects; However, as Russia nears the target of crude oil production reduction and the confrontation between Russia and the West escalates, oil prices are expected to start a volati
Last Friday, as the market's "fear of the banking industry" burned to Deutsche Bank, spot gold rose in response and again hit the $2000 mark. However, during the US session, it was suppressed by US bond yields and took back nearly $30 in intraday trading, eventually closing 0.77% lower at $1978.36 per ounce; Spot silver rose first and then fell with gold, but later pulled up and recovered some of its losses, ending up 0.52% higher at $23.22 per ounce.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Forex traders, especially those who are new to forex, often wonder ‘what are the best time frames to trade forex?’. Honestly, there isn’t a single answer as different traders have different trading strategies, geographies, and goals. Nevertheless, choosing the right time frames is essential to determining a trader’s success or failure. Newbie traders often don’t do well because they trade the wrong time frame and don't fit their personality.
The financial market is a fascinating domain that has given rise to a variety of job opportunities. However, the longevity and profitability of one’s trading career are dependent on their ability to understand market trends and exercise sound judgment. This guide details the best techniques for starting a profitable trading career from the bottom up, even on a limited budget!