The pressure level is formed by supply exceeding demand, while the support level is a product of demand exceeding supply.
2023-09-04Hedging is common in forex, especially with the US dollar as the benchmark. It reduces risk and seeks profits.
2023-09-04Stop-loss orders are an essential risk management tool in foreign exchange(forex)trading.They help traders limit potential losses by automatically closing a trade when a certain price level is reached.
2023-09-01As the world's main reserve currency, changes in the value of the US dollar will directly affect commodity prices.
2023-09-01In the foreign exchange market, it is normal to experience losses. When consecutive losses occur, do not panic, accept losses as a part of learning.
2023-09-01Gold T+D trading is a standardized contract established by the Shanghai Gold Exchange, where investors can buy and sell gold contracts of different sizes on the exchange, earning profits through price differences. The trading hours are flexible, including weekdays in the morning, afternoon, and evening.
2023-09-01Selling and buying are both terms used in the stock market. Selling more means that the stock price may fall, while selling less means that it may rise.
2023-08-31Novice foreign exchange Investors must undergo several psychological tests in the market, requiring perseverance and patience.
2023-08-31Quantitative easing policy and traditional monetary policy are the means by which the central bank regulates the economy.
2023-08-30Gold ETFs are open-end funds based on gold as the underlying asset, similar to investors buying and selling stocks on stock exchanges.
2023-08-30Sell limit orders: Traders sell currency pairs at a set or higher price, capturing good selling chances and avoiding misses.
2023-08-30The swap inventory fee in foreign exchange transactions depends on the interest rate difference and position size of the currency pair.
2023-08-30US bonds & forex reserves serve unique roles: secure USD-linked bonds, stabilize foreign currencies. Issued by US, held by diverse central banks.
2023-08-29The UN-established Bretton Woods system fell in the 1970s due to US inflation, eroded dollar trust, and rising trade deficits reducing demand.
2023-08-28Ancient trade sparked forex history with coins and traders emphasizing exchange issues. 1970s shifts paved the path to today's forex market.
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