Can the 2020 economic crisis lead to a greater depression? Nobody knows the answer to it. So, it makes sense to prepare for it. You should not be disappointed by the time, energy, and money wasted to prepare economically, if the disaster does not strike. None can predict the future. Are there arguments in favor of prolonged economic pain? Unemployment data: This data from the US shows unseen levels since the 1929 […]
The MetaTrader 4 platform provides wide analytical opportunities. Each symbol can be displayed in 9 time-frames, allowing traders to see the price dynamics in detail. 30 built-in technical indicators and 24 graphic objects are available for the most comprehensive analysis of price dynamics. Combine these tools, identify trends, determine entry and exit points and with wide analytical capabilities of MetaTrader 4 you can thoroughly analyze market movements to catch the best time to trade.
Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the FXTM brand based on the legal requirements in his/her country of residence. Please read FXTM’s full Risk Disclosure.
Turnover of exchange-traded foreign exchange futures and options was growing rapidly in 2004-2013, reaching $145 billion in April 2013 (double the turnover recorded in April 2007). As of April 2019, exchange-traded currency derivatives represent 2% of OTC foreign exchange turnover. Foreign exchange futures contracts were introduced in 1972 at the Chicago Mercantile Exchange and are traded more than to most other futures contracts.
As the risk sentiment deteriorates, the riskier assets look weak, while the greenback and the Japanese yen are looking strong. The EUR/USD pair is looking bearish with the 1.1222 level offering support. The resistance levels are 1.1277, 1.1330, and 1.1517. The support levels are 1.1222, 1.1155, and 1.1089. The USD/JPY pair is looking bearish with both the currencies looking strong due to risk-off sentiment dominating the market. The resistance levels are 107.86, […]
Currency and exchange were important elements of trade in the ancient world, enabling people to buy and sell items like food, pottery, and raw materials. If a Greek coin held more gold than an Egyptian coin due to its size or content, then a merchant could barter fewer Greek gold coins for more Egyptian ones, or for more material goods. This is why, at some point in their history, most world currencies in circulation today had a value fixed to a specific quantity of a recognized standard like silver and gold.
There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market, and the futures market. Forex trading in the spot market has always been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.