Since its establishment in 1944, the forex market reached a record high in April 2019, with global trading hitting $6.6 trillion (£4.6 trillion) per day, according to the Bank for International Settlements. Because of this impressive trading turnover, global market locations, and around-the-clock trading, the popularity of forex trading continues to rise. However, the sheer
A few ideas on what to invest in and how to make money in the stock market despite the crisis. We said goodbye to 2020. It was very turbulent and volatile in the financial markets. The question arises: what to invest in in such a situation. In the name of fighting the pandemic, a gigantic
Why is Bitcoin Investment becoming more and more popular? Do you want to get it? In 2020, Bitcoin grew by 209%. In the face of a crisis and the mass reprint of traditional money, Bitcoin appears to be a safe haven. You are just entering the world of cryptocurrencies and want to find out which
Have you ever wondered why some people almost always manage to earn more money and turn their savings into a family fortune? What do they do that make them move to their dream homes, buy newer cars, and travel the world all the time? Where do they get the money they can share and still
In 2020, gold gained over 25%. In times of crisis and uncertainty, many investors consider this metal a safe haven. Gold can be purchased in the form of bars and jewelery, but it is associated with high operating costs and storage costs. It is much easier to buy a financial instrument the price of
If you look at the major stock indices, the DAX has been catching the eye of technically recently. From the perspective of the weekly chart, we can see the ending wedge breakout. Its credibility was also enhanced by its precise placement below the horizontal resistance level. As you can see, the minimum range of the
Very little has happened in the dollar market for many weeks. It stuck in a side move, which was also preceded by a significant weakening of the USD from previous months, along with a rebound since March and an increase in risk appetite in the markets. It is clearly visible on EUR/USD. After reaching 1.20,
While the Nasdaq or the wide S&P500 not so long ago broke further bullish records, a slightly different picture appears from the behavior of smaller companies, represented by Russell 2000. In this case, after the covid panic, it was not possible to return to the long-term highs, and only remedy the pandemic collapse. If we
The Nasdaq rebounded almost 90% from the trough in March. This sector is the leader of the entire recovery. However, the mood among investors is extremely optimistic, and technology companies are mostly interested in the youngest investors. On the one hand, the tech giants' business model appeals to new investors, often millennials, who use Robinhood.
Tuesday morning, and thus the new month, begins with the continued weakening of the dollar. In the case of EUR / USD, this move pushes the market to the round 1.20 level. However, if we look at the balance of forces on the daily chart, it is clear that in recent weeks the trend has
