CarlosR

On Wednesday the 10th of January, trading on the euro closed slightly up after Bloomberg landed a blow on the dollar during the European session. The news agency reported that China is planning to reduce or stop its purchases of US government bonds. The dollar dropped as bond yields rose due to the fact that China is the biggest holder of US debt. According to the US Treasury, China currently holds 1.189 trillion dollars’ worth of US government bonds. The news about China sent the euro up to 1.2018 against the greenback. Since there were no official announcements from any Chinese officials, however, there was no further impetus for the dollar’s decline. In the US session, the euro dropped to 1.1941. Due to the unexpected news on China, yesterday’s predictions didn’t come off. Sellers erased yesterday’s gains, bringing the exchange rate down to 1.1941. At the time of writing, the euro is trading at 1.1952. Considering that on Wednesday, the euro/dollar rate corrected by nearly 90 degrees, and that the rate returned to the LB balance line (sma 55), for today, I’m predicting that the euro will slide against the dollar to the 112th degree at 1.1881. To trigger this decline, the bears need to break through the 1.1930 support. At the moment, the following crosses are getting in the way of this: EURJPY, EURGBP, EURCHF, and EURCAD. If the euro continues to trade above 1.1915 up to the 15th of January, then from Monday, I’ll be expecting the euro/dollar pair to rise again. Source: forex broker

You can operate Bitcoin through CFD contracts in the currency markets, see more about how to work in forex, as well as in the futures market. As it is an emerging product, it will be available in all markets

Bitcoin's price set a new record on Saturday as the virtual currency rose above $19,000 for the first time on the Bitstamp exchange. The gains came just hours after the currency crossed the $18,000 mark. Bitcoin's value has doubled over the last three weeks, and it's up more than 20-fold over the last year. When you understand foreign currency trading basics it is hard not to see a gigantic bubble about Bitcoin's value keeps rising despite a growing chorus of experts who say the currency value is an unsustainable bubble. "A lot of bubbles historically involve some kind of new financial technology the effects of which people can't really predict," said William Deringer, an historian at MIT Â

Since Litecoin is making everyday new alltime highs. Currently at $250.  Its algorithm line is moving well we can invest in currency exchange above 70. A close below 70 in the next few days will indicate that a retracement or even a new downtrend could be in effect.

This morning, the price of bitcoin rose to 17,171 USD on the Hong Kong exchange Bitfinex. This marks a new all-time high for bitcoin and an increase in its price by a factor of more than 10 since the beginning of 2017. Many experts claim that this growth is the result of reduced hype surrounding the US dollar. They believe that this is more a case of the dollar depreciating in fx trading basics than the price of bitcoin rising. Crypto-analysts claim that the US Federal Reserve has printed so much money in the last 10 – 20 years that not even the regulator actually knows how much USD is in circulation around the globe.

On Monday the 11th of December, trading on the euro/dollar pair closed slightly down, leaving a wick with a high of 1.1812 before dropping to 1.1769. With a bare economic calendar, market activity at the beginning of this week has got off to a slow start. Traders based their decisions mostly on the dynamics of US bond yields. In Europe, US 10Y bond yields dropped to 2.354%, before recovering to 2.391% in the US session. Growth for bond yields means growth for the dollar. Yesterday’s predictions didn’t come off. With the euro crosses rising and US 10Y bond yields dropping, the euro broke up the A-A channel. The euro’s rise against the dollar was stopped in its tracks by the 67th degree. The EURUSD rate dropped to 1.1765. The 45th degree has shifted from 1.1730 to 1.1758 as a result of the 1.1812 high being formed. I think the euro is going to move upwards from the 45th degree towards 1.1811. On the daily timeframe, two candlesticks with diverging tails have formed a range of 1.1730 to 1.1812. The euro will continue to move in whichever direction it breaks out of this range. Markets await the FOMC meeting and Janet Yellen’s press conference on the 13th of December. They’ve already factored in a 25-base-point increase to interest rates, so euro bulls shouldn’t waste their energy trying to push the price up here. I’m thinking about opening a long position with a BuyStop at 1.1780. If the euro renews the 1.1764 low, then it may be worth risking a long position from 1.1758/60. These are preliminary values, they may need adjustment later. Source: https://alpari.com/en/beginner/

The first thing you need to know is that to make money you have to use money. You probably understand that you have to buy and sell things in Forex. However, more importantly, you have to invest in yourself. Get a professional Forex trader to train you on how to best go about the process. There are very many trainers who advertise their services online and forex programmes. If you are a bit picky, get a trainer from an economics school that can show you the ropes. It goes without saying that, for you to make profits, you have to buy currencies. Arguably, the more money you use to purchase currency, the more money you can make. For those who have traded with stock, you probably know the importance of a broker. Many might argue that there are no brokers in Forex trading, but there are. As a beginner, ensure that you have identified a good broker you can work with. Ensure that your goals align and that the both of you have an almost similar vision. By doing so, you will be backing on a winning horse as the broker will understand that your success in the market will automatically also lead to their success.

Defining which is the best company to invest is not easy to say. We have to keep in mind that some brokers are good that certainly, but every trader must know how to evaluate many aspects to take advantage of the forex investment opportunities It is very important to verify that your broker is regulated and that we can dispose of our money all the time and 24/7 attention

Hello everyone my name is Carlos Rivera I am here to shared my knowledge related in this forum