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US Dollar Strengthens As Commodities Reel
The US Dollar continues steadily on its upward trend and marks a 5-year high against the Japanese currency. The greenback traded above 118 with the Yen. It normally would be typical for the Yen to strengthen during a risk-off sentiment, but the skyrocketing oil and raw material prices are not helping it due to higher import costs. Moreover, the USD/JPY is also affected by the expected Fed rate increase while the Bank of Japan maintains a calmer stance. Indeed, treasury yields continued to rise to reach a 3-year high close to 2.14%.To get more news about osperyfx, you can visit wikifx.com official website.
Meanwhile, on the commodities front, gold took a dip and traded below $1,930 today, showing a deep downward shift from last week’s peak at $2,070. Crude oil also dipped slightly, trading below $100, in contrast to its $130 price at the beginning of the month.
On the stock market, the S&P 500 and the Nasdaq closed the day on a low while the Dow Jones finished the session flat.
Asian Markets Overview
China emerged stronger than expected on the year-to-date industrial production with a 7.5% increase instead of the predicted mere 4%. However, China is going through a renewed Covid-19 outbreak with many provinces going into full lockdown, including its main tech hub Shenzhen.
As a result, Hong Kong and China stocks fared a little on the downside along with Australia’s ASX 200 following the dip in commodities. And both the New Zealand Dollar and Australian Dollar had poor performances today. In contrast, Japan’s Nikkei 225 made small gains supported by the weaker Yen.
Forex Outlook: 1/24/22 - 1/28/22
This new week in the world’s most liquid market was again very rich in opportunities. Once mastered, Forex offers numerous and regular opportunities to all traders. It was possible to catch many trend continuation moves this week, such as the one we’re going to study together right now.To get more news about nash markets, you can visit wikifx.com official website.
The long-term trend was bearish.
The downtrend broke with a very large bullish impulse, a sign of probable reversal.
Creation of bullish structure as soon as the previous long-term downtrend breaks out. However, no accumulation phase took place and the price started to create higher highs and higher lows as soon as the bearish pattern broke, which is rare. There was therefore a high probability that the price would retrace after introducing buyers at the time of the change in structure.
Fakeout from the top of the bullish channel and overextended move to try to trick traders into buying. Probability of bearish continuation to the bottom of the bullish channel in order to hunt liquidity.
NZD/USD fell 130 pips and chased liquidity.
The price has reached a major resistance area which it could reject in order to continue to follow the long-term bearish pattern. The price could reach the next support area.
We hope that this article will help you prepare for another week of trading, and that we have helped you to better understand what happened the week before. We put education first and do everything we can to help you progress.
On top of that, we offer you ideal trading conditions to get you settled in the financial markets for the long term.
Crypto Outlook: 12/6/21 - 12/10/21
This week has been full of opportunities. Surely you haven’t missed the huge drop in all the cryptos, but have you managed to take advantage of these drops by using your sell button? To get more news about nashmarkets, you can visit wikifx.com official website.
It is often easier to buy cryptos than to sell them, as the long term bias is bullish in the heads of many traders and investors. This long term bullish bias can, in the short term, prevent you from executing bearish analysis that would fit your plan perfectly. If your analysis confirms it, don’t be afraid to use that sell button. Here are the results of some educational analysis sent this week in our Telegram and Discord groups.Simple trend-following scenarios after these major cryptos broke their medium-term bullish structures, which I’m sure many traders have shied away from due to their long-term hope and optimism.
Probably the lesson of the week is this: never let your opinions stop you from following and executing your technical plan.
Now let’s look at the potential movements for next week. Will the markets continue to fall, or will they rebound? No one knows…but here are our educational analyses. Ethereum could continue to fall following its new bearish structure confirmed by this week’s major bearish impulse. The price could go on to test its major support area once again.
Bitcoin could continue to fall to the next major technical support area. The price may have established a new long-term bearish structure, and last week’s major bearish impulse could be just the beginning of a long series of falls.
Litecoin could continue to fall as it continues its downward trend. The price may go to test its major support area and attempt to bounce off of it.
We hope that this article will help you prepare for another week of trading, and that we have helped you to better understand what happened the week before. We put education first and do everything we can to help you progress.
On top of that, we offer you ideal trading conditions to get you settled in the financial markets for the long term.
Crypto Investors Unshaken by Recent Market Selloff
BeInCrypto) Despite the recent crypto sell-off, which wiped out a significant portion of the total market cap, buyers are invested in investing. To get more news about cooper market, you can visit wikifx.com official website.
According to a survey conducted by Voyager Digital, a crypto-asset broker, almost 90% of participants plan to invest in more digital currencies during the next quarter. The survey included responses from 3,671 individuals at the end of last month while bitcoin prices plunged.
The May market crash came alongside a flurry of international news surrounding China’s ever-increasing crackdown on crypto usage and trades. Along with China, the U.S. tightened its grip on cryptocurrencies as tax season approached. Market volatility also coincided with more decisions from major companies to drop crypto as payment due to environmental concerns. The uncertainty resulted in a loss of nearly 43% in crypto market valuation in the span of just two weeks.
Nonetheless, seven out of ten investors surveyed remained bullish when asked about the price of bitcoin in the coming quarter. The predictions of at least 39% of the surveyed placed bitcoin’s price in the $50,000- $70,00 range near the end of the third quarter. At the time of press, Bitcoin pumped to a local high above $41,000 and shows a solid support level at $38,000.
Voyager’s CEO Steve Ehrlich, called the bullish attitude of investors after such a massive selloff, encouraging to the future of crypto.
he survey also prodded investors on their altcoin confidence and found an extremely bullish outlook on Cardano, followed by Dogecoin.
This comes on the heels of Cardano’s (ADA) meteoric rise in price over the past year. Last month Cardano released plans throughout the continent of Africa to widen accessibility to blockchain technology, which included a partnership with the Ethiopian government. In addition, the utilization of the Proof-of-Stake concept gives Cardano a greener-edge in the midst of the industry environmental concerns.
Young crypto investors
Another recent survey conducted by CNBC found that almost half of millennial millionaires have up to a quarter of their wealth stored in crypto assets.
Younger investors remain bullish on the long-term trajectory of not only bitcoin and altcoins but other developments within the space such as non-fungible tokens (NFT). As crypto continues to penetrate mainstream markets and media, only time will tell if investors’ bullish sentiment becomes a reality.
Technical analysis: what separates the pros from the schmoes
In essence, technical analysis hinges on the study of past price movements and trends to predict future market developments. It first emerged as a tradition in 19th century Japan, where rice merchants used candlestick charts to anticipate price changes in their staple commodity. Fast forward to the present day, and it has become a must-have tool in the arsenal of virtually every serious day trader and even some long-term investors. Since its humble beginnings, technical analysis has developed significantly as a field and now comprises a variety of oscillators, patterns, trend indicators and more. To get more news about forexciub, you can visit wikifx.com official website.
Proponents of technical analysis say it is the only research tool one needs to succeed as a trader or investor since the market 'prices in' all relevant fundamental news and developments anyway. Whatever your position on the debate, there's no denying that technical analysis is an extremely useful string to one's bow, especially when searching for entry and exit points. Today, we're going to look at some of the most popular in-chart indicators available on the Libertex platform and how to use them to your advantage!
Let's start with perhaps the quintessential indicator for selecting when to open or close a position: the Relative Strength Index or RSI for short. This is a momentum indicator that shows whether a market is overbought or oversold at any given moment. J. Welles Wilder Jr's seminal indicator is displayed as an oscillator (a line graph that moves between two extremes), and its potential values range from 0 to 100. It's generally understood that any value below about 30 suggests that the market is oversold and a rise to the upside is close at hand. On the contrary, a reading above 70 typically indicates an overbought market, which would mean that a sell-off could be on the cards. To overlay the RSI on a chart in the Libertex platform, all you need to do is follow these simple steps:
First, enter full-screen mode on your chosen chart, then hover over the indicators tab as shown. After that, a dropdown menu should appear. Hover over the 'Oscillators' tab and then select 'Relative Strength Index' from the dropdown menu.If we look at the first two red circles, we see that these low points on the RSI immediately precede significant moves to the upside. The last one marks where we stand currently, which would suggest that we are at or close to a local bottom.
The MACD indicator is used to determine trend direction and, to a lesser extent, momentum. Beyond this, it can also provide a variety of different trade signals. Generally speaking, a security's price can be said to be in an upward phase any time the MACD is above zero. If the MACD is below zero, however, the instrument is considered to be in a bearish trend. Here's how to open it on the Libertex platform:
The indicator itself consists of two lines: the MACD line and the signal line, which moves more slowly. Should the MACD crosses below the signal line, this would indicate a falling price. If the MACD line crosses above the signal line, though, this means the price is on the rise. While the MACD can be used to pick entry points in the same way as the RSI, its consideration of actual price as opposed to just buying and selling means that it can be used in conjunction with other indicators like the RSI to assess whether a given trend is likely to continue or not.
Look closely at the green circles. These represent points where the MACD and signal line cross. Notice how a significant move to the downside follows each crossover? Sometimes the downtrend has already begun, but picking up on the trend reversal early and closing out any long positions/opening short positions upon crossover would have undoubtedly saved/made you a decent amount of money.
This was the first in a series of technical analysis guides that will help you make the most of the Libertex app's in-chart technical analysis tools. Tune in for a closer look at two more key indicators that all successful traders know and use to their advantage. In the meantime, try out some of these new techniques on your Libertex demo account and see for yourself how useful they can be in anticipating price movements.
Everything You Need to Know About Managed Forex Accounts
Becoming a successful trader is no easy task. In fact, 80% of all day traders quit within the first two years because they lack the qualities and know-how needed to make a profit consistently.To get more news about iqcent con, you can visit wikifx.com official website.
But, what if there was another way that enabled you to generate profits by leveraging other traders’ expertise? Well, thanks to brokerages now providing managed forex accounts, investors can now take advantage of skilled money managers to trade on their behalf for a small fee.
Curious? Well, carry on reading, and we’ll dive into exactly how managed forex accounts work and how you can use them to your advantage.
What is a managed forex account?
A managed forex account enables a professional money manager to trade on behalf of the client for a fee. This type of account means the client doesn’t have to make their own trading decisions, which can be particularly beneficial if they don’t have much trading knowledge or expertise.
Trading takes a significant amount of time investment and a high-level understanding of financial markets, so using a money manager can be a great way to passively grow your money over the long run and save you unnecessary stress.
However, it’s highly important that those wishing to utilise a money manager choose one who has proven experience and verifiable results. Managed forex accounts can be susceptible to scams, and it’s critical you do your due diligence before you hand over any money.
Characteristics of a managed forex account
There are some key characteristics to a managed forex account that all investors should be aware of. These include:
All managed accounts are designed to relieve the client from making any trading-related decisions.
At most brokerage companies, client funds will be pooled together to enable the money manager to trade from a master account. This is done to enable the manager to trade with a larger volume and generate maximum trading value.
Each clients account is segregated and there is no relationship between the money managers account and the clients’ account.
When a client decides to engage in a managed forex account, they must sign a Limited Power of Attorney Agreement (LPOA) between themselves and the money manager. The LPOA will be provided by the broker.
Although money managers make the trading decisions, clients can disclose the level of risk they wish their money manager to take.
All clients have full control over their funds*. They can deposit or withdraw whenever they wish, without intervention from the money manager (note that some brokers require for all positions to be closed before processing a withdrawal or even ending an LPOA).
A money manager does not have to discuss with the client the trades they are executing.
All managed forex accounts will incur a fee. It varies from broker to broker, but you can expect to pay between 20 to 30 per cent on the profit you receive (it will obviously depend on the manager that you choose).
*Some brokers do not instantly remove funds when a withdrawal request is made and some AMs will place pending orders. This means there will not always be a way to prevent an issue, other than telling the AM about the planned withdrawal in advance.
How to trade cryptocurrency through your forex broker?
You can trade many of the major cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. using some of the reliable and credible forex brokers in the market like Pepperstone, AMarkets, eToro, Swissquote, etc.To get more news about lymotrademart, you can visit wikifx.com official website.
Bitcoin is one of the most popular cryptocurrencies out there. As we all know, the entire world of cryptocurrency started with Bitcoin itself. It is also by far the most successful crypto with its value appreciating from merely zero in 2009 to ~$7,250 as of today. The total market capitalization of Bitcoin as of May 2019 is $127.6 billion with a daily trading volume of $31.2 billion. Users can trade Bitcoins from almost all the major cryptocurrency exchanges which are currently operating in the market.
The MetaTrader4, AKA ‘MT4’, is one of the most popular Forex trading platforms. This platform is used by millions of Forex retail traders across the globe. More than 95% of the forex brokers offer buying and selling of Crypto assets and other financial securities in this platform. All of the above-mentioned forex brokers can be accessed through this platform. MT4 is considered as one of the most complete trading platforms with a lot of trading tools & features. Traders prefer using this platform as it provides a lot of advanced tools & features like 80 pre-installed indicators, multiple chart setup, automated trading, etc. There is no service fee charged, and all of these services are provided to the traders for free apart from the minute brokerage fee.
Trading Cryptos like Bitcoin on the MT4 platform is such a seamless experience for traders because most of the major Forex brokers provide all of their services for both Bitcoins and the MT4 platform. With all these credible forex brokers, Bitcoin trading can be done with most of the major fiat currencies. Also, MT4 provides a lot of technical analysis tools that can help traders in accurately trading Bitcoins and other Cryptocurrencies.
What is CFD Trading
CFD (Contract Of Difference) in financial markets, is a contract between a buyer and seller. Seller is supposed to pay the difference amount between the current value of the asset and the value of that asset at the time of when the contract is made. If the difference is negative, then the buyer pays the difference amount to the seller. Traders can make a profit by trading CFD’s depending on the price changes in the underlying asset on which the contract is made, without even owning those assets. Traders are simply using their judgment to decide if the price of that asset will increase or decrease. In CFD’s, you can make money not only when the value of the asset is appreciating, but also when it is depreciating. You can either long trade CFD or you can also short. Long trading CFD means you are betting that the value of the underlying asset will increase. And it is vice-versa when you are short trading CFD’s.
Bitcoin CFD Trading
It is just a contract between the trader and a broker. It allows traders to bet on the changes that can happen in the price of the Bitcoin. For example, if a trader thinks that the price of Bitcoin may go up, they can open an account at any broker that allows Bitcoin CFD trading and go long on the Bitcoin CFD. If the price of Bitcoin increases, trader makes money and the broker pays for it. The broker will make money, and the trader will lose if the Bitcoin price decreases. It is essential to note that Bitcoin CFDs are extremely risky, considering the price volatilities of this crypto. Hence this type of trading is suitable for experienced traders and not for beginners.
There are many forex trading platforms to trade your Bitcoin CFD’s, but MT4 remains as one of the best platforms. It is the most popular platform among retail traders, and it provides a lot of valuable features. Features like advanced charting tools, wide range time frames, and different order types are the most notable ones.
CNC Double End Auto Rectangular Tenoner Malaysia
The CNC-D200B CNC Double End Rectangular Tenoner is equipped with an advanced CNC controller, making tenoning operations more smooth and easier.Get more news about Rectangular Tenoner Making,you can vist our website!
Employ a CNC controller with conversational display for easy operation.
With conversational input of workpiece sizes, the machine will automatically move to the machining position for dramatically saving setup time.
Cutting tenons at both ends simultaneously for greatly increasing efficiency and productivity.
Designed for producing rectangular, round and square tenons.
The spindle is driven by a high frequency motor and controlled through a frequency inverter making it easy to adjust cutting speed.
Equipped with an workpiece magazine for fully automatic operation.
Servo motor drive that directly coupled with precision screw.
Computerized Touch Control
15'' high resolution touch screen.
Multiple memory capacity of production modules.
Once the cutterhead diameter is input, the computer will automatically setup the cutterhead for shortening cutterhead setup time.
The use of high precision screw together with transmission through a speed reducer help to increase torque output.
Error message display facilitates trouble shooting.
Gasketed plate-and-frame heat exchangers
Alfa Laval doesn’t do average. Whether it is our multi-purpose Industrial range; the Semi-welded industrial range for refrigeration and exacting processes; the Hygienic range for food, beverage and pharma applications; or the Specialized range for condensation, evaporation and fibrous media – you buy into reduced cost of ownership and increased efficiency and safety.Get more news about Alfa Laval Plates,you can vist our website!
Our Gasketed plate heat exchangers are optimizing heat transfer by large surfaces of corrugated plates drawing heat from one gas or liquid to the other. The high efficiency and an outstanding reliability in a compact design, offers an investment with the most attractive CTO over the product life time. Not to forget the energy saving capabilities and low environmental footprint.
Watch heat exchanger experts Lauren Mitchell, Kristi Smith and Cosimo Pecchioli demonstrate how to properly open, install plates and close your plate and frame heat exchangers. Engagement on this event was the highest we've seen, so you won't want to miss it!
A poorly functioning heat exchanger may affect safety, product quality and energy costs. Failure may lead to costly downtime and major losses in production. By regular and proactive maintenance performance is preserved and operations kept trouble-free and predictable.
All heat exchangers lose performance over time. Alfa Laval's cleaning equipment (CIP) provide quick and easy in-line cleaning, but we recommend sending the units for recondition on a regular basis to reset the status of your equipment to an as-good-as-new condition. A Performance Audit by a qualified engineer, give you an assessment of the current state of your units, which makes planning for downtime easy. At reconditioning we replace gaskets, upgrade plates or replace damaged ones – all spare parts used are genuine Alfa Laval according to original specification. This is important to secure the sealing and reliability of your heat exchanger back in production.
When emergency calls, help is always close to you. Our network of service centres, factory-trained field technicians, service representatives and authorized service providers, mean that we have your parts and service needs covered for the complete range of Alfa Laval heat exchangers.
Contact your local Alfa Laval service sales to discuss Performance agreements or services exactly tailored to your need.
China’s new relations with Panama and Costa Rica are another step towards a Beijing Consensus in Central America
ncreased trade, aid, investment, and diplomatic engagement between China and both Costa Rica and Panama signal a more general projection of Chinese economic and political standards in international trade policy, writes Sophie Wintgens (Université Libre de Bruxelles).Get more news about China To Costa Rica,you can vist our website!
China’s strategy towards Latin America and the Caribbean (LAC) fulfils four main interests:
securing energy, mining, and agricultural resources abroad to maintain domestic economic growth
getting political and economic support in regional and international forums
encouraging nations to recognise China instead of Taiwan
opening new markets for Chinese goods
Over the past 15 years, China has become an obvious trading partner, a major source of foreign direct investment, and a key provider of financing to an increasing number of South American countries.
This trend is now extending into Central America, where China’s growing diplomatic involvement and economic activity reveal a strengthening of ties to Beijing.
The geographic characteristics of this narrow isthmus separating the Pacific and Atlantic oceans have already sparked interest from Chinese firms in constructing alternate transit routes to the Panama Canal, as with Nicaragua’s $40 billion interoceanic canal project. Despite its involvement in significant infrastructure projects, Beijing’s relationship with Central America differs from its presence in South America. Central America’s lack of energy and mineral resources, its deeply rooted political and economic connections to the United States, and the 11 states in the hemisphere that still recognise Taiwan have also led Chinese diplomats and firms to focus more on expanded trade and political recognition.
China’s growing economic presence in Central America is especially evident in its exports and development assistance to the region. The relative poverty and lack of infrastructure of the Central American isthmus make recognition of China a profitable move for regional leaders seeking financial aid. Historically, governments switching diplomatic relations to China have been rewarded with investment, improved access to the Chinese market, and loans.
For example, China offered Costa Rica a $130 million aid package and purchased $300 million in Costa Rican bonds. In Panama, meanwhile, aside from being the second most important user of the Panama Canal, China is also the largest supplier of goods to the free-trade zone of Colón. By providing both of these Central American states with public works and economic incentives, Beijing obtained political recognition from Costa Rica in May 2007 and from Panama in June 2017.