Mitrade Logo
EN
    OFFICIAL TRUMP5.04
     +0.20%
    5.04
    Gold4338.43
     +0.14%
    4338.43
    EUR/USD1.17075
     -0.12%
    1.17075
    WTI56.387
     +1.12%
    56.387
    USD/JPY157.696
     +1.40%
    157.696
    NAS10025351.0
     +1.49%
    25351.0
    AUD/USD0.66068
     -0.08%
    0.66068
    Brent60.63
     +1.27%
    60.63
    Bitcoin88011.85
     -0.12%
    88011.85

    Popular Articles

    3 Artificial Intelligence Stocks With as Much as 88% Upside in 2026, According to Select Wall Street Analysts
    1766285820
    VUG Has Delivered Larger Gains, VOO Sports a Higher Dividend Yield and Lower Fees
    1766285221
    Litecoin Follows Bitcoin’s Momentum, But Resistance Looms At $79.60
    1766284241

    Popular Articles

    Silver Price Analysis: XAG/USD surges to new all-time highs near $67.50
    1766173102
    USD/JPY jumps to one-month high as Yen slides after BoJ rate hike
    1766169766
    USD/CAD remains range-bound amid mixed US data and softer Canadian Retail Sales
    1766160510

    Popular Articles

    Gold climbs to $4,350 as safe-haven flows ignore firm US Dollar, yields
    1766172270
    Gold consolidates below $4,350 amid firm US Dollar
    1766146305
    US President Trump: Not ruling out war with Venezuela – NBC
    1766141794

    Popular Articles

    3 Artificial Intelligence Stocks With as Much as 88% Upside in 2026, According to Select Wall Street Analysts
    1766285820
    VUG Has Delivered Larger Gains, VOO Sports a Higher Dividend Yield and Lower Fees
    1766285221
    One of the Best Tech Stocks to Hold for the Next 10 Years
    1766282220

    Popular Articles

    Forecasting the upcoming week: Winter Holiday blues after Central Banks’ frenzy
    1766170383
    USD ends week firmer – Scotiabank
    1766156821
    USD hits seven-day high, led by gains vs. JPY – BBH
    1766145465

    Popular Articles

    Litecoin Follows Bitcoin’s Momentum, But Resistance Looms At $79.60
    1766284241
    Elon Musk’s net worth jumped to $769 billion after Delaware’s Supreme Court restored his $56 billion Tesla pay deal
    1766284125
    Max Miller and Steven Horsford are drafting a bipartisan crypto tax bill targeting stablecoins and staking income
    1766283950

    Popular Articles

    Bitcoin Weekly Forecast: BTC holds key support amid ETFs outflows
    1766142115
    EUR/USD drifts down with ECB on pause and US inflation cools
    1766100401
    FX Today: BoE, ECB, and US CPI maintained the US Dollar under pressure
    1766084364

    Popular Articles

    JPY: BoJ hike fails to lift the Yen – Scotiabank
    1766158571
    Japan’s Finance Minister Katayama: will take appropriate action against excessive moves
    1766155015
    Fed’s Williams: CPI data may have been pushed down a bit
    1766154226

    Popular Analysis

    Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big Unlocks
    1766133063
    When is the BoJ rate decision and how could it affect USD/JPY?
    1766108368
    U.S. November CPI: How Will Inflation Fluctuations Transmit to US Stocks? Tariffs Are the Key!
    1766053116

    Popular Analysis

    U.S. November CPI: How Will Inflation Fluctuations Transmit to US Stocks? Tariffs Are the Key!
    1766053116
    U.S. November Nonfarm Payrolls: What Does the Rare "Weak Jobs, Strong Economy" Mix Mean for U.S. Equities?
    1765880952
    The 2026 Fed Consensus Debate: Not Hassett, It’s About Whether Powell Stays or Goes
    1764843309

    Popular Analysis

    When is the BoJ rate decision and how could it affect USD/JPY?
    1766108368
    Australian Dollar deepens losses despite rising Consumer Inflation Expectations
    1766022140
    Pound Sterling slumps as UK inflation falls by more than expected to 3.2%
    1765962452

    Popular Analysis

    Gold declines on profit-taking, USD strength ahead of US CPI release
    1766044064
    Gold remains bid as lack of Fed clarity and geopolitical frictions persist
    1765762474
    Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US Dollar
    1765503982

    Popular Analysis

    Tesla Stock Hits Record High as Robotaxi Tests Ignite Market. Why Is Goldman Sachs Pouring Cold Water on Tesla?
    1765966220
    December Santa Claus Rally: New highs in sight for US and European stocks?
    1765939815
    Judgment on the Fed's December Rate Cut and 2026 Monetary Policy Trend: Identifying Opportunities in the U.S. Stock Market
    1765448536

    Popular Analysis

    Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big Unlocks
    1766133063
    Coinbase Builds a “Universal Exchange” — Wall Street Shrugs. Can COIN Find Its Footing?
    1766048112
    Bitcoin Hits $90K as Crypto Market Surge Wipes Out $120M in Short Positions
    1766047379

    Top Blog Posts

    What is Gold CFD? How to Trade Gold CFD With Mitrade Example
    1766131249
    7 Best ASIC-Regulated Brokers for Gold XAUUSD Trading in Australia (2026 Update)
    1766128637
    Silver Price Forecast 2026：Why the $70 Is Becoming the New Normal
    1766048209

    Top Blog Posts

    06 Leading Forex Trading Apps in Australia: Reviews & Download Links
    1742804501
    Forex Market Hours, Every Forex Trader Cannot Miss
    1733478848
    Top 10 Must-Have Forex Technical Indicators That Every Trader Should Use
    1733382209

    Top Blog Posts

    What is Gold CFD? How to Trade Gold CFD With Mitrade Example
    1766131249
    7 Best ASIC-Regulated Brokers for Gold XAUUSD Trading in Australia (2026 Update)
    1766128637
    Silver Price Forecast 2026：Why the $70 Is Becoming the New Normal
    1766048209

    Top Blog Posts

    How To Trade Stock CFD? Beginner's Step by Step Guide
    1765961830
    How to Invest in Stock Market for Beginners With Just $1,000 in 2026?
    1765857288
    Amazon Stock Analysis: How to Invest in Amazon Stock?
    1729060650

    Top Blog Posts

    What Is the NASDAQ 100 (NAS100) Index? How Do You Trade It?
    1732685879
    How To Trade Indices? Index Trading Beginner's Guide for 2023
    1701395909
    Top 10 Best Brokers for Indices Trading
    1685008223

    Top Blog Posts

    How to Day Trade Crypto? Simplest Day Trading Strategy Ever
    1733210286
    Places that Provide Cheapest Ways to Buy Bitcoin In 2025
    1732785258
    10 Best Crypto With Most Potential to Buy and invest in 2025 - Top Picks from Expert Traders
    1732699926

    Top Blog Posts

    50 Motivational Trading & Investment Quotes Ever For Traders
    1761806389
    Trading Chart Patterns:Ultimate Guide to Price Action
    1749802547
    7 Powerful Forex Trading Strategies/Tips for Consistent Profits
    1732873486

    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.
    Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
    2021
    Best News & Analysis Provider
    FxDailyInfo
    2022
    Best Forex Educational Resources Global
    International Business Magazine
    InsightsNewsTechnical Analysis

    USD/CNH: 2-way risks – OCBC

    Source Fxstreet

    The NDRC press conference appears to run short on details with regards to stimulus measures. USD/CNH was last at 7.0582, OCBC’s FX strategist Christopher Wong notes.

    Bullish momentum on daily chart intact

    “Hopes were raised but the delivery was disappointing. Post-opening rally in Chinese equities has partially fizzled out as the lack of followthrough is a setback to sentiments, and CNH-sensitive FX, including AUD, KRW, MYR.”

    “Near term, USD/CNH should continue to face 2-way risks as markets digest 1/ the disappointment over the lack of details on China stimulus; 2/ monitor daily fix for a sense of how comfortable policymakers may be with RMB’s recent price action; 3/ potential return of US exceptionalism and ahead of US elections (potentially supportive of USD).”

    “Bullish momentum on daily chart intact which RSI rose. Support at 7.0320 levels. Resistance at 7.11 (50 DMA).”

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

    Recommended Articles

    placeholder
    Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US DollarGold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower. 
    Author  FXStreet
    Dec 12, Fri
    Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower. 
    placeholder
    XRP’s Price Action Flashes a Warning Even as ETF Flows Stay PositiveXRP’s structure remains weak despite 18 straight positive closes in spot XRP ETFs, with analysts warning that $1.98 and other nearby resistance zones could cap rebounds unless the YO region is reclaimed, while deeper downside scenarios keep $1.53 on watch as a potential (not guaranteed) accumulation area.
    Author  Mitrade
    Dec 17, Wed
    XRP’s structure remains weak despite 18 straight positive closes in spot XRP ETFs, with analysts warning that $1.98 and other nearby resistance zones could cap rebounds unless the YO region is reclaimed, while deeper downside scenarios keep $1.53 on watch as a potential (not guaranteed) accumulation area.
    placeholder
    Bitcoin Hits $90K as Crypto Market Surge Wipes Out $120M in Short PositionsBitcoin ascended to $90,000 before a swift correction, impacting both long and short positions.Liquidity maneuvers continue to dominate BTC's short-term price dynamics, with recent sessions squeezing short sellers.
    Author  Mitrade
    Dec 18, Thu
    Bitcoin ascended to $90,000 before a swift correction, impacting both long and short positions.Liquidity maneuvers continue to dominate BTC's short-term price dynamics, with recent sessions squeezing short sellers.
    placeholder
    When is the BoJ rate decision and how could it affect USD/JPY?The Bank of Japan (BoJ) will announce its interest rate decision between 03.30 and 05.00 GMT, followed by Governor Kazuo Ueda's press conference at 06.30 GMT.
    Author  FXStreet
    Dec 19, Fri
    The Bank of Japan (BoJ) will announce its interest rate decision between 03.30 and 05.00 GMT, followed by Governor Kazuo Ueda's press conference at 06.30 GMT.
    placeholder
    Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
    Author  Mitrade
    Dec 19, Fri
    Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
    goTop
    quote