The U.S. Dollar Index (DXY) is a measure of the U.S. dollar's value against a weighted basket of six major foreign currencies. The euro has the largest weight at 57.6%, followed by the Japanese yen (13.6%), British pound (11.9%), Canadian dollar (9.1%), Swedish krona (4.2%), and Swiss franc (3.6%). Created in 1973 after the Bretton Woods system's collapse, the DXY...
Gold (XAU/USD) is one of the world's most widely traded precious metals and a traditional safe-haven asset. As an inflation hedge and store of value, gold often attracts investors during times of economic uncertainty or market volatility. The price of gold is influenced by multiple factors, including interest rates, currency strength (particularly the US dollar),...
Bearish (Sell) Setup 1. Resistance Zone: Find a strong resistance level where price has previously struggled to break through. 2. Bearish Candlestick Pattern: Look for bearish engulfing, evening star, or shooting star near the resistance zone. 3. Indicators: • RSI: Ensure RSI is in overbought territory, suggesting a potential reversal downwards. • MACD: Look...
XAU/USD represents the price of gold (XAU) quoted in US dollars (USD). It is a popular instrument in the forex and commodity markets, reflecting the value of one ounce of gold in terms of USD. Traders closely watch this pair as it is influenced by factors such as: 1. US Dollar Strength/Weakness: Since gold is priced in USD, a stronger USD typically leads to...
Gold is a chemical element; it has symbol Au and atomic number 79. In its pure form, it is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal, a group 11 element, and one of the noble metals.
For a technical analysis of XAUUSD (Gold/USD), here's a general approach to analyze it: 1. **Trend Analysis** - **Identify the current trend**: Look at the daily or weekly charts to determine whether XAUUSD is in an uptrend, downtrend, or range-bound market. - **Moving Averages**: Use 50-period and 200-period moving averages to determine the overall trend....
Gold is a chemical element; it has symbol Au and atomic number 79. In its pure form, it is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal, a group 11 element, and one of the noble metals.
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas.
JPMorgan Chase & Co. is an American multinational finance company headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023
Nvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware.
Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services.
What is Volatility S&P 500 Index value today? The current value of Volatility S&P 500 Index is 15.30 USD — it has fallen by −2.00% in the past 24 hours. Track the index more closely on the Volatility S&P 500 Index chart.
The Nasdaq Composite is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is one of the three most-followed stock market indices in the United States.
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States.
Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services.
Nvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware.
The BTC/USD pair represents the exchange rate between Bitcoin (BTC) and the US Dollar (USD). It's a commonly watched metric in the cryptocurrency market, reflecting the current price of one Bitcoin in US dollars. Would you like the current exchange rate, historical data, or information on how to trade BTC/USD? follow me..
Forex, or foreign exchange, is the global market for trading currencies. It's the largest financial market in the world, with a daily trading volume exceeding $6 trillion. Here are the basics for a beginner: 1. Currencies and Pairs: In forex trading, you always trade currencies in pairs, such as EUR/USD (euro against the U.S. dollar) or GBP/JPY (British pound...