In trading language, bullish and bearish terms describe market trends that drive prices in financial markets. Generally speaking, markets can move in three directions: up, down, or sideways. And you’ve probably heard that the market is either bearish or bullish based on price movements. Both are used to describe rising or falling markets. But what does this mean?
EURUSD / XAUUSD / USDJPY / USOIL
The foreign exchange market comprises a multitude of factors that demand careful consideration. In a world where more than 6.6 trillion dollars are traded each day on the forex market, it is essential that forex traders possess a thorough understanding of all the terms associated with forex to stay on the safe side of the shore. Forex Drawdown is one of those important technical terms associated with forex trading.
On January 20, 2021, US President Biden was sworn in at the White House. So what has changed in the United States during the past year? The menacing new crown pandemic continues to spread, the US's recovering economy is facing unprecedented high inflationary pressures, and the rift between the political parties has not been repaired
The Fed's first interest rate meeting this year was held on Tuesday, and the results of the two-day meeting will be announced on Wednesday.
On Wednesday, the Bank of Canada will announce its interest rate decision at 23:00. At this meeting, the market expects a 70%-75% probability of raising interest rates by 25 basis points. However, Bloomberg Economists expect the Bank of Canada to keep rates unchanged. Analysts see the case for the first-rate hike as solid and likely to send a clear signal of imminent action from the central bank. Therefore, investors are most concerned about whether Canada's interest rate hike cycle will start at this meeting
Index/Stocks /Crypto /Metals /Commodity & Futures /Forex
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The current USDCHF formation indicates that at the end of November, the market completed the actionary wave y of the cycle degree, followed by a cycle intervening wave x.
The Japanese yen inched higher after January’s Tokyo CPI beat expectations. The US dollar found support in the daily demand zone around 113.50. And that is a sign that upbeat sentiment in the medium-term remains intact
USA30 / USDJPY / EURUSD / XAUUSD
BITCOIN / XAUUSD / EURUSD / USOIL
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The US Dollar Index (DXY) measures the value of the dollar against a basket of six major currencies, based on the exchange rates of these currencies. The index was created as an indicator of the weakness or strength of the U.S. dollar relative to other currencies. It is considered as a guiding tool to buy or sell currencies, especially the US dollar pairs, in the forex market.
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USA30 / XAUUSD / EURUSD / BITCOIN
Popular yuan
VT Markets, based in Sydney, Australia, is a subsidiary of Vantage International Group Limited (VIG) and leverages more than 10 years of experience and expertise in global financial markets to offer easy and transparent market access and help our clients pursue their financial goals. Founded in 2016, VT markets has applied for advanced technical support in the retail FX market to provide clients with superior trading experience.
VT Markets, based in Sydney, Australia, is a subsidiary of Vantage International Group Limited (VIG) and leverages more than 10 years of experience and expertise in global financial markets to offer easy and transparent market access and help their clients pursue their financial goals.