Weekly market update provided by Analysts at 10Trade Market Update on Popular Binary Options Assets; EUR/USD This week, the pair began down as the euro was impacted by the recent atrocities in Paris which hampered sentiment and increased demand for safe-haven assets early on Monday. Later on Monday, Mario Draghi, is due to present in Madrid. Support is likely at 1.0670 and […]
Seasonality forecasting… What can traders expect over the festive period? In theory at least, technology is supposed to make everything (including the markets) more efficient. One-touch trading, asset information beamed to everyone’s phones immediately on release, forecasting and analysis tools: all of this should mean that the price of an asset or security at any […]
EUR/USD The potential for a December rate increase by the Fed continues to dominate trader sentiment. Comments from Janet Yellen, and data releases last week, combined to push the pair down to 107.00 from 1.100 earlier in the week. News on unemployment, hourly earnings and job creation also proved to be slightly better than expected, […]
Competition for November at 24Option The latest news from 24Option concerns their November competition for traders, where the overall prize is an idyllic island paradise. In a truly unique competition, one lucky trader will own their very own island. The promotion involves traders accruing tickets, with each ticket being placed in the end of month […]
Market update EUR/USD The FOMC statement had a large impact on the EUR/USD pair last week, with the eventual announcement producing a low of 1.0900, with the rate previously moving within the 1.1000 / 1.1100 range. The report hinted that a December rate rise is still possible, strengthening the dollar initially. Flat GDP figures […]
The commodities price drop in focus: is now the time to explore the market? You may have noticed that membership of the FTSE 100 Index isn’t cast in stone. Depending on their stock performance, companies drop out as new companies take their place and this movement in itself can say a lot about how certain […]
Trade the Ferrari IPO via binary options with uBinary uBinary have acted swiftly to offer traders the opportunity to trade the Ferrari IPO. The luxury carmaker has raised more than $890m according to the Financial Times. 17.2m shares were sold at $52 each. It is understood that underwriters also have an option to purchase a […]
Gino D’Alessio There is a great deal of advice that can be applied to trade forex successfully – but here are 6 ‘rules’ which should always be included in any strategy. Six principles which should be the foundations of any long term trading processes; 1) Trading Plan Create a trading plan and stick to it. Your trading […]
After the emissions scandal, what’s down the road for Volkswagen, the motor industry and the DAX? If you had been asked to place bets a couple of weeks ago on which global giant was about to be hit by a multi-billion dollar scandal, who would your money have been on? Another major bank perhaps? A […]
Money.Net platform and features reviewed – Part 1; by Gino D’Alessio All traders need information, as the old adage “Information is Power”, suggests. Information is of upmost importance for any trader trading FX or other financial markets. Inevitably traders will want to create a macro narrative which reflects the global picture. Although Money.net’s main focus seems to be stocks, […]
…View part one of the review Money.Net platform and features reviewed, including the Excel Add-in. By Gino D’Alessio TV Clipster – Headline news in your Inbox Continuing with the theme of data and headline news supply, is the Money.net feature called TV Clipster; This allows traders to set alerts for a word or a person’s name like […]
Germany and the DAX Index: a quick tour… Compared to the FTSE-100 Index where financial services rule the roost, they appear to do things very differently in Germany. Chemicals, automobiles & parts, industrial goods & services: taken together, these three sectors account for well over half of the companies listed on Germany’s equivalent to the […]
Google Alphabet – What does it mean? In early August Google founders Larry Page and Sergey Brin announced they were starting a new company called “Alphabet”. Alphabet, as noted by Larry Page, “Is mostly a collection of companies. The largest of which, of course, is Google.” Essentially, Brin and Page have created a new holding […]
EmpireOption Forex Trading EmpireOption offer Binary Option, CFD and Forex trading through its online platform, with no software download necessary. The forex product they offer is a mix between a binary option and a spot position. It has the features of a binary option – in that your maximum loss is established prior to the trade […]
Just how healthy are the UK’s banks? This August saw the start of the biggest privatisation in UK history. This wasn’t an eighties-style sell-off though: there was no fanfare; no ‘Tell Sid’ campaign – and few would describe the asset under the hammer as a piece of family silver. This organisation is something the government […]
China Economy in focus. The implications of stock market volatility for traders This has hardly been a tranquil summer in China. June and July saw wild swings on the China stock market – including a 8.5% slump in a single day. This was followed on 11 August by a move on the part of The […]
Forex fundamentals Part two of two, exploring the key metrics for forex analysis (Read Part 1 here) Consumer price Index (CPI) This is a gauge for inflation and is released monthly together with CPI Ex Food & Energy. Food and energy are considered essential and demand is less elastic than it is for other goods, […]