How to Learn Technical Analysis with DailyFX
How to Learn Technical Analysis With DailyFXIf you’re a trader looking to learn the basics of technical analysis, you’ve come to the right place. The DailyFX team offers a variety of education resources and technical analysis tools, as well as a variety of trading strategies designed to maximize your profits. Charts are an important aspectRead More
WTI Tests Bidens Price Range for SPR Refills after Yesterdays Fresh Yearl
The price of crude oil is hovering just above the Biden administration’s target price of $67 to $72 per barrel. This figure could be challenging the administration’s plan to replenish the Strategic Petroleum Reserve (SPR) to historic levels. The President authorized the largest-ever release of SPR oil earlier this year. This has helped stabilize marketsRead More
USD/CNH Upside Eases Ahead of Chinese Economic Data: Asia-Pacific Outlook
Despite recent economic data from China, the dollar has remained strong as investors await the next batch of economic data for the country. The USD/CNH has remained above the 38.2% Fibonacci retracement and is trading above the 26 day Exponential Moving Average (EMA). But a break below the 38.2% retracement could reverse the alcist trend.Read More
The Psychology of Speculation in the Forex Market
Speculation in the Forex market has many different aspects to it, including Arbitrage, Greed and Hedging. It’s important to understand these aspects in order to make the most of the Forex market. By understanding the psychology behind speculating, you can make the most of your investments and improve your profit margins. ArbitrageInvesting in arbitrage mayRead More
Forex to Nigeria and its secrets
Trading on the forex market in Nigeria is growing in popularity, thanks to the positive economic developments and rising middle class income. The following are the secrets to success. Before you make the leap, know your requirements and make sure you have enough capital. Also, be sure you have an account with a reputable forexRead More
Gold market in Nigeria
A new deal between Heritage Bank and the Dukia Gold and Precious Metals Refining Company Limited will make it easier for small-scale miners to access the global gold market. The Nigerian gold market is estimated to be worth PS4 billion and has excellent prospects for profitability. This was the reason the bank decided to takeRead More
News from Forex traders in Nigeria
With a population of 202 million people, Nigeria is an important regional player in Africa. Its youth population is one of the largest in the world. Over the past decade, forex trading in Nigeria has become more popular as the middle class has seen the benefits of investing in currencies and stocks. Nigeria is aRead More
USD/Naira currency pair in Nigeria
If you’re looking to convert USD to NGN, the best place to go to find the most competitive exchange rate is the mid-market rate. This is the average rate that currency exchange services and banks offer when they buy and sell currency on global markets. It is also a good benchmark for gauging the markupRead More
Currency exchanges in Nigeria
If you are considering using cryptocurrency to make a purchase or sell a currency, you’re probably wondering how currency exchanges in Nigeria operate. This article will help you understand the differences between cryptocurrencies and traditional currencies. This will give you a better understanding of how the process works and which e-currency exchanges are available inRead More