ZFX: Record-setting Nasdaq propped up the market sentiment
European stocks are generally opening higher on Tuesday, following the optimistic sentiment from the stock markets in Asian region. Last night, the three major Wall Street indexes all rose, which the Nasdaq made a new high, as investors reacted to the positive manufacturing data in the US and the jump of Microsoft and Apple. View more
Granville’s 8 Rules for Moving Average (MA) | Forex Indicators
One of the most common problems many new forex traders may face is feeling confused about volatile prices and not knowing the best time in point to buy and sell. In light of this, ZFX wishes to introduce to new investors a technical indicator suiting their needs – the moving average – and illustrate how the moving average and Granville’s 8 rules can be used in pairs to determine the best trading signals. View more
ZFX: News shocked the markets! Dollar index dropped to 93 level below
However, the greenback didn’t get any support under risk aversion. The dollar index broke 93 level on Thursday, and dropped to a further low of 92.55 on Friday, a low since May 2018. It is believed that the political uncertainty hurt the attractiveness of dollar after President Trump suggested to delay the presidential election. View more
ZFX: Markets were mixed amid historical gold price
Stock markets in Asian region were mostly higher on Tuesday, while there are both bullish and bearish news overnight. Optimism was boosted after those companies announced the vaccine developments are now taking step to the late-stage trials. However, the tensions between China and the US is still a big reason for investors to seek safe haven, causing gold price reached a new record high of $1940 level. Silver price even jumped more than 8%,reaching $24.5 level. View more
How to Set a Stop-Loss in Forex Trading?
There is no sure win for in forex trading, and sometimes it is hard to avoid making some wrong decisions. Therefore, Stop Loss is very important to all investors, even for professionals such as Warren Buffet! This article will introduce the method to set a stop-loss on the MT4 platform, as well as the principles and techniques of stop-loss setting. View more
The Best Forex Currency Pairs to Trade
The Forex market is the world's largest market by volume, and it operates almost on a 24/7 basis. This means there are trading opportunities lurking in the Forex market, which have attracted lots of professional traders. However, to the novice, the vast combinations of different currencies on the market may be dizzying. Which are the most robust trading targets among so many choices? We will find out in this article. View more
ZFX: tensions attention! Bearish sentiment may dominate
Stocks in Asia Pacific Region generally dropped on Friday as the initial jobless claims data of the US missed expectations again, triggering worry about the economy recovery pace in the US. The three major Wall Street indexes all fell more than 1% on Thursday, of which the Nasdaq fell nearly 2.3%. View more
A Guide on how to Profit in Forex Trading
For beginners, understanding the do’s and don’ts in Forex market would definitely help to leverage their earnings on the market. Here are some tips on how to make profits in Forex trading : View more
ZFX: Hopes of vaccine brings the risk-on sentiment back
On Tuesday Asian session, stocks in Asia Pacific mostly rose, following the momentum of the Wall Street’s gains overnight. The positive news from the vaccines development was the main driver, making the markets turned to bullish side. View more
ZFX: Stock markets were mixed as optimism of vaccine hopes faded
Stocks in Asia Pacific Region were mixed on Friday, following the bearish momentum of Thursday’s fall in the US. The initial jobless claims data of the US missed expectations, hurting the positive sentiment amid the recent vaccine hopes. View more