Market Sentiment Indicators: How Can It Help You Profit in Trading?
In this article, we will introduce market sentiment analysis, which analyzes markets from a psychological viewpoint, and how to apply some popular market sentiment indicators in daily trading. View more
ZFX: Strong economic data propped up investor sentiment
Last Friday, the US stock market was boosted by the strong figures. The three major Wall Street indexes all rose. The S&P 500 closed 0.34% higher, another closing record. The Nasdaq jumped 0.42%, another record also. Generally, investors are looking forward once again to economic recovery, triggering such solid gains. View more
ZFX: Record close again! Nasdaq jumped 1.1% amid weak dollar
Asian stocks were generally closed higher on Friday, following the momentum overnight. The economic figures of the US were mixed. The US Labor Department announced that the initial weekly jobless claims bounced to 1.106 million, which is higher than the market expectation of 925000. View more
What is a Pip in Forex? Calculation of Pip Value and Profit & Loss
In forex trading, we usually use pips to describe the fluctuation of the exchange rate as well as calculate the profit and loss of a position. This article describes what a pip is and how to use it to calculate pip value and position gains/losses. View more
Gold Silver Ratio – What is it and Why is it so High Recently?
The gold-silver ratio has soared recently, attracting investors' attention. In this article, ZFX will introduce what the gold-silver ratio is and the historical trend of the ratio. We will also explain the significance of high/low ratios and their importance to investors. View more
ZFX: Market sentiment continues to be uncertain amid weak dollar
The three major Wall Street indexes were mixed overnight, while the fresh rally in tech stocks supported the Nasdaq, making another record high. The drop of the US Treasury yields also propped up investor confidence. Stocks in Asian markets were mixed on Tuesday, basically following the momentum on Monday. Gold price extends the gain, hitting $2000 level, as the dollar is still bearish, that may trigger another breakthrough, especially before the minutes from Fed this week. View more
ZFX: Investor remain cautious amid mixed and choppy market
In the late Asian session on Friday, the dollar jumped up, showing signs of risk aversion. The US futures drop, of which the DOW future is trading 150 points lower. This weekend, China and the US will hold a meeting to review the first phase of the trade deal, which may trigger profit taking activities. View more
ZFX:Gold market crashed! The biggest drop in years!
The price of gold and silver have experienced a crash on Tuesday after the massive gain these weeks. Gold price plummeted nearly 6%, more than $100 per ounce, and the silver price plummeted more than 15%. View more
ZFX: Jobs data boosted sentiment amid cautious market
Stocks in Asia Pacific mostly traded lower as China-US tensions has triggered sell-off pressure in the markets on Friday. The US President Trump issued executive orders, which ban the American firms to deal with the Tencent, the Chinese giant tech firm. Overnight on Wall Street, market sentiment remained positive as investors were still looking forward to the new economic stimulus package from the US, and the initial jobless claims last week totaled 1.186 million, lowest since the pandemic began, and also far lower than the market expectation of 1.4 million. View more
Are Free Forex Signals Reliable?
As a beginner in Forex trading, you may be faced with a lack of trading skills or time, hence rely heavily on Forex signals. This article will focus on whether these trading signals and trading recommendations are reliable. View more