We start 2024 by exploring recent fluctuations and projections for the new year. We will see everything from the performance of global stock markets to the movement of assets such as gold and the EURO/USD, discovering valuable insights for attentive investors. By examining trends in markets and global influences, we seek to provide a comprehensive view that guides strategies in the face of the uncertainties and opportunities that present themselves.
Category: Technical analysis
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Stock markets sustain year-end rally with low liquidity
The last week of the year reveals ups and downs, with stock markets sustaining a year-end rally while liquidity remains low. We will explore the optimism driven by record highs on Wall Street, the US interest rate outlook for 2024 and the opportunities and challenges in assets such as Gold and the Euro/USD pair. Last...
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Market Analysis: Oil Soars on OPEC’s Cut
Oil contract prices soared after OPEC confirmed last week’s rumours, announcing a cut of more than 1 million barrels a day, equivalent to about 3% of production. The White House (USA) reacted immediately, accusing the organization of being “reckless”, as limiting production generates a shortage of supply, causing an appreciation of oil that, in the...
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Bitcoin Forms ‘Death Cross’ and Price Pressure Shows No Sign of Easing
Analysts are turning to technical signals are a slew of news related to renewed crackdowns from China triggered a Bitcoin selloff. The recent downturn has seen the coin lose 40% over the past two months, forming the grim-sounding pattern, The technical analysis has formed a death cross, with its average price over the last 50...
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MACD Strategies and Understanding
MACD Definition The MACD, also known as Moving Average Convergence Divergence, is a momentum indicator that signals the strength of the momentum for the underlying financial assets including Forex (foreign exchange trading), shares, commodities, indices and cryptocurrencies. Furthermore, it utilizes moving average crossovers to signal trend changes. The MACD value is calculated by the difference between two exponential moving averages,...
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Three Must-know Powerful Candlestick Patterns
Despite there are more than 30 or more prominent candlestick patterns, the research team at ZERO Markets has selected the three most powerful and tested candlestick configurations, which can provide traders with more discretions and support for their own trading strategies. These configurations can suit different trading styles, including day traders, position (long term) traders,...
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Must-Have FX Trading Tools
It is an exciting prospect to have a career in foreign exchange trading (also known as forex trading or currency trading). ZERO Market’s research team has joined forces and listed some most useful Forex trading tools for our dear customers. Forex trading tools are divided into two main categories: infrastructural components and composed of analysis. This then...
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What is Forex Volume?
Unlike exchanges that process stocks via a clearinghouse, the forex market is comprised of several commercial banks, proprietary trading firms, hedge funds, and individual traders. The fragmented nature sees forex transactions operate via electronic platforms in the absence of clearinghouse and a primary exchange. The foreign exchange market is decentralized and processed over-the-counter (OTC), which is...
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A Trader’s Guide: Fundamental Analysis Vs. Technical Analysis
This is a guide to the beginner or experienced traders who are looking to start their investing journey or looking to enhance their trading skills. What is Fundamental Analysis: Fundamental analysis is based on decomposing the factors including external and market events that may influence the price of an underlying asset. This form of analysis is a good...