AUTHOR

Daily NAS100 & EUR/USD technical analysis on February 10

Daily NAS100 & EUR/USD technical analysis on February 10

As investors’ expectations of the US government’s relief measures become stronger, the market sentiment is also optimistic. In addition, the average daily confirmed cases of COVID-19 in the United States has dropped by 36% from the level two weeks ago, and the hospitalization rate has also fallen from the previous peak, indicating that the U.S. epidemic is gradually under control and the stock market has therefore performed strongly.

View More »
Daily Usoil & Gold technical analysis on February 9

Daily Usoil & Gold technical analysis on February 9

The performance of oil prices continued to be strong yesterday. It is because of the investors are optimistic about the progress of the US government’s new round of relief bill and the good performance of China’s economic statistic. In addition, U.S. President Biden’s opposition to the immediate lifting of sanctions on Iran surprised the market. This means that Iran’s crude oil cannot return to the market in a short time, which keeps the supply tight and continues to benefit oil prices.

View More »
What is Spread and Pip? Different between Basis Point & Pip | ZFX

22.What is Spread and Pip?

In the forex market, the smallest unit used to quantify the movement in the currency quote is called “a pip”, and the difference between the bid-ask prices is called “spread”.

View More »
財經日曆

How to Read an Economic Calendar for Forex?

Many investment websites have economic calendars, which contain and update the release date of economic data or important economic events around the world. In this article, ZFX explains what an economic calendar is and how to read it correctly, and how it can be useful to forex investors.

View More »