The Average True Range Indicator (ATR) is a popular technical analysis tool widely used for measuring market volatility. It was introduced in 1978 by the renowned trader and analyst Welles Wilder. The ATR is commonly used in forex analysis to measure how much an asset moves on average in a given time frame. If you’re wondering what an Average True Range Indicator (ATR) is and how it helps you trade better; this article is for you!
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-01-09
We analyzed last week what happened to the two most popular currencies in 2020-2022, what forecasts were given then by the strategists of leading financial institutions for EUR/USD, and how accurate they turned out to be. Now it's time to tell what experts expect from 2023.
First we wish you Happy New year ???? and hope the holiday was nice? We are now in a new trading year. we hope that each of us already has a trading resolution for 2023. But if not, here is a tutorial or short guide to make it. You can make trading resolutions for 2023 by answering the questions below. Answer as honestly as you can, because the answer will affect your future trading performance.
As a trader, are you awared that walking through a doorway triggers the brain to forget? To be more specific, you’re likely to forget what you were supposed to do after walking through a doorway.
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
There is a lot of currency pair in the forex market. So, traders get confused to choose them because they don't know which is the best currency that is profitable.
At the beginning of Asian market on Friday (January 6), the stop loss of USD fluctuated in a narrow range. At present, the trading volume is around 105.12, holding most of the overnight gains. The dollar index hit a new four week high on Thursday, after data showed that the job market was strong, supporting the expectation that the Federal Reserve might maintain the pace of aggressive interest rate increases.
Whether trading forex on weekends is possible or not, this is not possible. Not underestimating your ability in terms of forex trading or rest time, but because there are other factors.
On Thursday night, Beijing time, the ADP employment data, which is known as "small non farm", recorded an increase of 235000 people, which was much higher than the expected increase of 150000 people and the previous value of 127000 people.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023年01月06日黄金市况分析
Forex (foreign exchange) refers to trading foreign currencies. In getting to know forex trading, where another name for forex can be referred to as foreign currency or even forex.
The era has begun to shift to everything, now you have to make financial transactions with an online legal forex broker. Making everything related to online can be solved immediately.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Gold rates slipped during the early part of the week gone by, but managed to recover later and closed almost flat for the week.
As of this week, Gold topped $1,840 an ounce on Wednesday, near its highest levels in six months amid general dollar weakness, as investors awaited the latest minutes from the Federal Reserve that could provide clues on its tightening policy.
Let's take a look at some International markets Briefing
On Thursday, January 5, 3:00 GMT, as the Federal Reserve released the minutes of the December meeting tone hard but nothing new, and triggered traders expect to raise interest rates in February this year will be further reduced expectations. Spot gold continued to rise high and was up 0.82% on the day, which was the highest intraday reached $1865.15, closing at $1854.10 level.3.