Foreign exchange transaction account opening process
Foreign exchange trading is a global financial market activity that provides great investment opportunities. Opening a trading account is very simple; just fill out an account opening application form and submit relevant identity documents and financial proof documents.
2023-07-24
The Five Major Participants in the Foreign Exchange Market Industry
The foreign exchange market, as the world's largest financial trading market, involves financial investors from particularly developed countries around the world. So what specific roles are involved in the foreign exchange market? Let's get to know more together.
2023-07-21
What do you think of foreign exchange quotations?
Foreign exchange quotes are very important data in the foreign exchange market, and it is crucial for foreign exchange traders to correctly interpret and analyze quotes. The foreign exchange quotation includes the buying price and the selling price.
2023-07-21
Dollar rallies as U.S. jobless claims drops
The dollar rallied and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labour market strength, suggesting the Fed will keep interest rates higher for longer to curb inflation.
2023-07-21
Explanation of Terms in Foreign Exchange Futures Contracts
In foreign exchange futures contracts, investors can utilize leverage to participate in large-scale trading with small amounts of funds. Long-short, two-way trading provides investors with the opportunity to profit when the market rises or falls.
2023-07-20
Different periods of forex market trends
The foreign exchange trading market can be traded 24 hours a day, and various markets around the world are opened in order of time zones. However, the changes in market conditions often vary in different markets.
2023-07-20
What is a stock price difference contract?
Stock price difference contracts allow investors to trade by predicting the rise and fall of stock prices and are characterized by leverage and flexibility. Through leverage, investors can control larger trading positions with smaller funds, thereby amplifying potential returns and risks.
2023-07-20
What does it mean to reduce positions on high occasions?
By reducing or selling their positions, investors can gain a portion of the profits brought about by previous increases and avoid greater losses caused by price reversals or market reversals.
2023-07-20
How can spot gold trading avoid greater losses?
To avoid greater losses in spot gold trading, investors should pay close attention to Market trends, set reasonable stop loss and stop gain positions, control the size of positions, implement diversified investment strategies, and maintain a calm and rational attitude.
2023-07-20
Non-agricultural data impacts the foreign exchange market
Non-farm data is an important economic indicator released by the United States every month, usually referring to changes in the non-farm employment population. This data has a significant impact on the foreign exchange market.
2023-07-19
Foreign exchange technology analysis methods
Technical analysis methods are mainly used to determine the future direction of the market through statistical and mathematical calculations and chart drawing based on historical price and quantity data.
2023-07-19
What are the fundamental theories of forex tech analysis?
Technical analysis studies past price and transaction volume data to predict future price trends. This type of analysis focuses on the composition of charts and formulas to capture primary and secondary trends and identify buy/sell opportunities by estimating the length of market cycles.
2023-07-19
What does the closing price mean?
The closing price reflects investors' buying and selling decisions and market sentiment. By paying attention to the closing price, we can understand market trends, analyze the performance of stocks or assets, and predict future price changes.
2023-07-19
What does the opening price mean?
The opening price represents the first transaction price at the opening of the market and is also the starting point of trading activities. The opening price is usually used to determine the price trend and Market trend within a certain period of time.
2023-07-18
Foreign exchange trends' shoulder patterns?
The trend of foreign exchange will show different changes, which will vary over time. Investors should pay more attention to these issues when conducting analysis.
2023-07-18
