This week we continue with the analysis of some of the most popular instruments with the currency pair GBP/USD, which was one of the best performing forex pairs last week. To a large extent, the arguments in the analysis remain valid when trading other crosses, due to the interdependence of the markets.
Dear clients,
We would like to inform you that due to the Presidents’ Day in the US, on Monday, February 20, 2023 the trading hours of some CFD markets will be changed as follows:
Source: Dreamstime
At Deltastock we believe that a balanced and structured analysis of some of the most traded instruments would be beneficial for our clients. To a large extent, the arguments in the analysis of a currency instrument remain valid when trading other crosses, due to the interdependence of the markets.
For example, the analysis for EUR/USD can be directly applied when analysing the USD/CHF cross, due to the very high negative correlation. That is, if the euro-dollar rises, the dollar-franc most likely falls, and vice versa. But for both currency pairs, the arguments for the USD would be valid.
Source: Dreamstime
The shares of producers of weapons, missiles, rockets, fighter jets, ships, tanks, drones and all sorts of military equipment are considered a good investment in times of economic uncertainty. Even though they do not provide staggering profits, usually they are a constant source of income, since government expenses (mainly the U.S.) remain relatively constant.
When, however, there are geopolitical tensions and wars, the shares of defence companies become very attractive. Then, government defence expenses soar and the orders for all sorts of weapons are literally pouring in. And this is quite logical.
Source: Dreamstime
We consider our customers as part of our team. Therefore, we will provide you with various methods and approaches that are used by professional traders. Our aspiration is to equip you with various tools and information and to create a traders’ ecosystem that would be useful and help you navigate the markets.
We would like to present to your attention the newest instrument in our portfolio – microbitcoin. It is at 1/100 of the value of bitcoin and is suitable for traders who would like to trade in the most popular cryptocurrency, but do not have sufficient capital.