Price action and chart reading in Forex Part 2

[startcv]

Thanks

[City]

Really informative post.Really looking forward to read more. Cool.

[GamokRa]

Thanks a lot for the post. Really looking forward to read more. Awesome.

[Willianork]

I will consider this.

[Giles]

The foreign interchange (Forex) is the conversion of one currency into substitute currency. If this price was related when the USD/CAD pair, it means that it costs 1.2569 CAD to get your hands on one USD.

[electrike]

Are you planning to attachment the Forex market? Heres anything you should know just just about trading foreign dispute currency!

Trading Forex is an ruckus that is now more popular than ever before now. So ably-liked that the traded volume is on peak of $4 trillion a hours of day. With the vent experiencing a renewed confidence in a, hopefully, p.s.-pandemic world, considering more people looking for ways to earn some add-on maintenance, and financial opinion becoming more widespread these days, the Forex facilitate is seeing an accretion in the number of traders.

Now, taking into account such an combined in popularity, youve likely heard a lot of people from your network talking approximately trading foreign quarrel currency. Besides that, youve plus probably seen plenty of ads from brokers. And, now, you are here, planning to establishment trading too.

[rimbook]

Forex is great

[Cloyster]

Thanks

[Finfe]

Gold keeps rebound from the golden Fibonacci retracement (Fibo.) level of 61.8% between firmer RSI. However, compound levels marked back antediluvian August joins 50% Fibo. to restrict the metals immediate upside to in the region of $1,760.

Even if the gold prices rally proud than $1,760, a downward slanting trend parentage from September 03 and 38.2% Fibonacci retracement stuffy $1,778 will precede the 200-SMA, near $1,788, to challenge bulls.

Meanwhile, pullback moves quirk to preserve below the 61.8% Fibo. level surrounding $1,743.

Following that, $1,724 and $1,718 may pay for intermediate halts during the gold bears hurry towards the $1,700 threshold, a fracture of which will draw attention to the twelve-monthly low of $1,687.

[hangyu]

S&P warns of US credit downgrade risk If the government defaults on payment

S&P Global Ratings (S&P) has warned that financial markets could be severely hit if the US defaults on its debts. And it could put the US at risk of downgrading its credit rating. Congress will be able to resolve the debt ceiling in time.

"If the United States defaults on its debt It is an unprecedented event for a major G7 country like the United States,” S&P said.

S&P analyst Joydeep Makherjee has warned that a default could result in the U.S. downgrading its credit rating to D, its lowest level.

“S&P will deal with the United States like any other defaulting country. Whether it is interest debt, Ministry of Finance bonds, debt instruments or government bonds. which if these situations The US credit rating will be downgraded to the lowest level," McHergie said.

Mr Machergie also said that Debt defaults are typically caused by economic and financial tensions. Political factors have also fueled debate over the debt ceiling in the US.

In August 2011, S&P downgraded the U.S. credit rating to AA+ from its highest AAA, as the Obama administration faced high levels of public debt. And Congress at that time was at odds about expanding the debt ceiling.

Public debt (Sovereign Debt) refers to money borrowed by the government from various sources both domestically and internationally when the state's income is insufficient to meet its expenditures. The government's indebtedness has an impact on the overall economy of the country. in general If a country's public debt is near 90% of the country's GDP, the country is at risk and has trouble paying its debts. But the US public debt under President Obama stood at 93% of GDP, causing panic around the world at the time.

[Brian Tadesse]

Nice

[maxxxx333]

It feel nice to trade forex.

[Seung Min Han]

very well said in clip

[rosemariejr3]

Across 12 races, Democrats are running 23 points ahead of Clinton and 8 points ahead of Obama.

[Faridaimmum]

Japanese commodity money before the 8th century AD: arrowheads, rice grains and gold powder. This is the earliest form of Japanese currency. Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.