The world could face an oil supply shortage by the end of the decade, triggering large swings in the price of the commodity, the International Energy Agency has warned. In its annual publication World Energy Outlook, detailing expectations for global energy trends, the IEA warned that the recent low price of oil could have serious ramifications within years. A barrel of Brent crude has more than halved in price since early 2014 from $112 (£90) to around $44 in mid-November this year, having fallen to $32 earlier in the year amid...
After the presidential election in the United States, USD had the most powerful rally, and the same asset-haven gold, where investors urged to invest in the case of victory of Donald Trump, has fallen by more than 5% and reached almost half-year lows. In general, the current situation can be described in one sentence: while Americans have not voted for the person for whom it was assumed, the markets behaved not as it was expected from them. 8000 tonnes of "paper" gold, which is almost twice more than the annual volume of...
Emotional risks on the Forex market have another name - risk behaviors. Like any other asset markets, Forex is very sensitive to the output of financial and political news, as well as to manipulation of the major players in the market. But it also happens that the cause of the excitement in the market can be just unsubstantiated false rumors. News relates to the category of external factors that encourage movement in the market in one direction or another. Typically, they provide information on the status of a State that provides for trading...
Trading forex by using a fundamental analysis is one of the methods of forecasting the price movements of currency pairs in the future based on economic (Supply and demand), environmental (seasonal cycles and weather), political (government policy) and many other relevant factors as well as statistics that have the potential to affect the supply and demand. A forex trader who executes orders on the basis of fundamental analysis studies the effect of fundamental elements that cause prices movement in the market. Unlike the technical...
Volume is a measure of how much of a given financial asset has been traded in a given period of time. It is a very powerful tool but it is often overlooked because it is such a simple indicator. Volume information can be found just about anywhere but few traders or investors know how to use it to increase their profits and minimize risk. For every buyer there is a seller and each transaction contributes to the count of total volume. That is when buyers and sellers agree to make a transaction at a certain price. Volume is...
