Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
In a surprising turn of events, the Bank of Japan (BOJ) raised interest rates, leading to a significant rise in Japanese stocks and the yen. This move has caused ripples across global markets as traders eagerly await the Federal Reserve’s… Read More »Stocks Up, Yen Gains on BOJ Rate Hike; Fed Decision Awaited
The latest JOLTS Job Openings report from the US Bureau of Labor Statistics has surpursed analysts expectations. With job openings falling to 8.184 million in June, the figure significantly exceeded analyst expectations of 8.03 million. This decrease, coupled with other… Read More »U.S. JOLTS Job Openings Surpass Expectations, Leading to Renewed Dollar Strength
When exploring the pros and cons of XAUUSD trading, it’s important to keep in mind that XAUUSD pair represents the exchange rate between gold and the US dollar. It measures how much USD is needed to purchase one troy ounce… Read More »Pros and Cons of XAUUSD Trading
For successful trading in gold, it’s essential that you master XAUUSD technical analysis tips. Begin by understanding how moving averages can act as dynamic support and resistance levels, signaling potential price bounces or breakouts. Oscillators like RSI and MACD are… Read More »XAUUSD Technical Analysis Tips
When trading gold, consider the key XAUUSD trading hours and sessions in different global markets. The Asian session begins at 00:00 UTC, bringing unique volatility, especially from Tokyo, Hong Kong, and Singapore markets. Then, the European market takes over at… Read More »XAUUSD Trading Hours and Sessions
For successful XAUUSD trading, you’ll need to leverage both technical and fundamental analysis strategies. Start by understanding global economic indicators and how geopolitical tensions influence gold prices. Utilizing trend following techniques like moving averages can help you identify the prevailing… Read More »Best Strategies for XAUUSD Trading
How to trade XAUUSD effectively? You’ll need to stay on top of live updates and utilize technical analysis tools like trend lines and moving averages to pinpoint precise entry and exit points. Monitor economic reports and geopolitical news, as they… Read More »How to Trade XAUUSD Effectively
In recent trading sessions, Bitcoin surged to $67,000 amidst Trump’s expected appearance at the Bitcoin Conference this weekend. Trump’s recent campaign efforts have shown a pro-crypto stance and has raised more than $4 million in crypto donations. BTCUSD 4-hour Chart… Read More »Bitcoin Rises with Trump Speech in Focus, Accepts Crypto Donations
Choosing between Robinhood and Webull boils down to your trading expertise and preferences. If you’re a beginner, you’ll appreciate Robinhood’s user-friendly and straightforward interface that makes trading simple. On the other hand, if you’re more experienced and need detailed charts… Read More »Which is Better, Robinhood or Webull?
XAUUSD, known commonly as gold paired against the US dollar, is a critical market indicator within forex trading. It reflects one ounce of gold valued in USD, identifying shifts in economic stability and investor sentiment. As a safe-haven asset, gold… Read More »What is XAUUSD