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    Beginners

    Long position VS. short position: Which one is better?
    In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.
    How to Choose an Online Trading Platform
    Selecting a trading platform is one of the most critical decisions for any trader. But how do you ensure you're choosing one that's regulated, cost-effective, and easy to use? Understanding the key criteria can set you up for success.
    What is Leverage in Financial Trading?
    Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.
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    EUR/USD: Bargain hunters to look at dips to near 1.0800 as a buying opportunity – Scotiabank

    Source Fxstreet

    EUR/USD holds a very narrow range in the low 1.0800s. Economists at Scotiabank analyze the world’s most popular currency pair outlook.

    Resistance is seen at 1.0865/1.0875

    Bargain hunters are still likely to look at dips to near 1.0800 as a buying opportunity for now.

    Short-term trend dynamics are neutral while the daily and weekly DMIs still lean, if only moderately, EUR-bullish. That should limit downside pressure on spot in the near term at least. 

    Resistance is 1.0865/1.0875.

    See: EUR/USD can stabilise around 1.0850 – ING

    Disclaimer: For information purposes only. Past performance is not indicative of future results.

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