Risk management in trading, especially in day trading, is a vital tool for traders as it helps them navigate unpredictable financial landscapes. Day trading, a strategy that involves buying and selling financial assets within the same day, offers the allure of quick gains. However, it comes with heightened risks due to its fast-paced and speculative […]
On Friday, silver was trading at USD 23.5 per ounce, but on Monday morning it dropped below USD 21.7 – a difference of 7.5%. Fundamental influencing factors are not clearly identified, but it can be assumed that the sharp drop was facilitated by: → the fact that a shutdown of US government agencies was avoided, […]
The break above minor resistance in Bitcoin and Ethereum has reduced some of the immediate downside risks. Can cryptocurrencies sustain gains? What is the outlook and what are the key levels to watch?
GBP managed to find some support toward the end of last week after the UK economy grew faster than expected. However, the support could turn out to be short-lived. What’s next for GBP/USD, EUR/GBP and GBP/AUD?
The softening in US August core PCE inflation failed to drive a sustained rebound in Wall Street last Friday. China and Hong Kong markets are closed today.
The US Dollar outperformed in the third quarter as Treasury yields soared and gold prices weakened. Sentiment took a hit. What is the outlook for markets as 2023 comes to an end?