CSFX Market News | Global Market Update

  A curious fact about trading is that you can take two different traders and give them the exact same chart and even the same trading pattern, and you will end up with vastly different results. With everything else being equal like knowledge, trading experience, and access to information, why do two different traders behave so differently when they are looking at the exact same market data? I started thinking about this when my friend and I had been discussing a chart of a market we both had open trades on. At that time, the market was moving against both of us quite severely and it struck me as odd that we had vastly different views even though we had the same trade, and the same thing was happening. I had concluded it was due to the fact one of us had a much larger position than the other, and one of us was clearly far less attached to the trade/chart because they had much less to lose and less skin in the game. Read The Full Article Here - Click Here

  WHAT IS BITCOIN MINING? Bitcoin mining is the process of creating new bitcoins by solving extremely complicated math problems that verify transactions in the currency. When a bitcoin is successfully mined, the miner receives a predetermined amount of bitcoin. Bitcoin is a  cryptocurrency  that’s gained wide popularity due to its wild price swings and surging value since it was first created in 2009. As prices of cryptocurrencies and Bitcoin have skyrocketed in recent years, it’s understandable that interest in mining has picked up as well. But for most people, the prospects for Bitcoin mining are not good due to its complex nature and high costs. Here are the basics on how Bitcoin mining works and some key risks to be aware of. Bitcoin mining statistics A miner currently earns 6.25 Bitcoin (about $125,000 as of September 2022) for successfully validating a new block on the Bitcoin blockchain. Creating Bitcoin  consumes 94.2 terawatt-hours of electricity each

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  ETHEREUM INVESTORS ARE SUFFERING MORE THAN EVER, VINCI PROTOCOL COMPLETES SEED FUNDING OF $2.1M Ethereum rose 8.25% to $1,174.53 on Wednesday. Mike Novo Gratz says after the merger Ethereum had a big move down. The merger was an amazing performance in lots of ways, it shows the decentralized community can accomplish something that’s really complicated. We all know that Ethereum had gone from $1000 to $2000. After that, we could clearly see a pullback after that and mike feels that $1,250 should be the bottom here and so Ethereum is closer to the bottom than the top. Novo Gratz says that bitcoin falling dramatically because of increasing interest rates by institutions, Blackrock deal with Coinbase and their own fund when people are coming to buy and bitcoin could go as lower as it can. Read More 

  DISNEY BRINGS BACK BOB IGER AS CEO IN A BID TO BOOST GROWTH Bob Iger is returning to Walt Disney (NYSE: DIS) Co. as chief executive less than a year after he retired, a surprise comeback that coincides with the entertainment company’s attempt to boost investor confidence and profits at its streaming media unit. Iger, who retired last year after 15 years as chief executive, has agreed to serve as CEO for two more years effective immediately, Disney said in a statement late on Sunday. He will replace Bob Chapek, who took over as Disney CEO in February 2020, just as the COVID-19 pandemic hit, leading to parking closures and restrictions on visitors globally. Disney’s shares have fallen more than 40 percent so far this year, lagging the nearly 7 percent year-to-date drop in the broader Down Jones Industrial Average. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this p

  SIEMENS JUMPS, SEES RISING RETURNS FROM BULGING ORDERS. SIEMENS AG gained on expectations for higher margins from factory automation equipment and software products next year as order books rise to a record even as the global economy takes a turn for the worse. The shares jumped as much as 8% in early Frankfurt trading, the most since March. Orders during fiscal 2022 climbed 17%, taking the backlog to a record €102 billion ($106 billion), Siemens said Thursday. Siemens said it expects earnings per share to more than double in the year ending September 2023 to a range of around 8.95 euros a share, seeing strong growth in all its main industrial businesses. That confidence underpinned a 6% increase in its annual dividend to €4.25 a share from €4.00. Conspicuously, it forecast that orders would continue to outpace revenue over the last 12 months, a forecast that contrasts markedly with the sharp decline in orders to German manufacturers over recent months. It said its forecast assumed t

  ASTON MARTIN TO DELIVER FEWER CARS THIS YEAR AS SHARES GO INTO REVERSE Aston Martin’s debt interest payments have pushed it to a deeper loss as the luxury car maker warned that renewed supply chain problems mean it will sell fewer cars than expected this year. The luxury car maker had targeted sales of more than 6,600 this year but said it may now sell closer to 6,200 as it struggles to source some parts. The target reduction came as the company posted a loss for the July to September quarter of £226m, more than double the £98m it lost in the same period a year ago. Losses for the year so far have now reached £511m. Aston Martin’s continued struggles stand in stark contrast to rival luxury marque Ferrari, which said it would surpass both its sales and profit targets for the year after a “very robust” third quarter. ASTON MARTIN TECHNICAL ANALYSIS Read More   Visit Us For More Article And Technical Analysis Report

  CADJPY TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, CADJPY is trading in an up channel. CADJPY is currently trading above all SMA. RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 106.500 the resistance level is at 108.200 CADJPY will trade in an up channel until there is a trend reversal. CADJPY TECHNICAL ANALYSIS: DAILY CHART READ MORE

  TRADE SIGNAL AS ON 09-11-2022   NZDJPY SELL = 86.5400 TARGET= 86.3972 SL= 86.6637                                                   ROYAL DUTCH SHELL BUY = 22.83     TARGET= 23.03 SL= 22.73                                                 COFFEE SELL = 165.45 TARGET= 165.02 SL= 165.64 Get Free Trading Signals - Click Here

  APPLE WARNS OF LOWER IPHONE SHIPMENTS AS COVID CURBS HOBBLE CHINA PLANT Apple Inc (NASDAQ:AAPL) expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end holiday season. Demand for high-end smartphones assembled at Foxconn’s Zhengzhou plant has helped Apple remain a bright spot in a technology sector battered by consumer spending cutbacks amid surging inflation and interest rates. But the Cupertino, California-based vendor has fallen victim to China’s zero-COVID-19 policy, which has seen global firms including Canada Goose Holdings (NYSE:GOOS) Inc and Estee Lauder Companies Inc (NYSE:EL) shut local stores and cut forecasts. “The facility is currently operating at significantly reduced capacity,” Apple said on Sunday without detailing the scale of the reduction. “We continue to see strong demand for iPhone 14 Pro and iPhone 14 Pro Max model

  JAPAN STOCKS LOWER AT CLOSE OF TRADE; NIKKEI 225 DOWN 1.68% Japan stocks were lower after the close on Friday, as losses in the Power, Railway & Bus and Precision Instruments sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 1.68%. The best performers of the session on the Nikkei 225 were Mitsubishi Motors Corp. (TYO:7211), which rose 18.01% or 94.00 points to trade at 616.00 at the close. Meanwhile, Konica Minolta, Inc. (TYO:4902) added 8.86% or 41.00 points to end at 504.00 and Mitsubishi Heavy Industries, Ltd. (TYO:7011) was up 4.41% or 227.00 points to 5,369.00 in late trade. The worst performers of the session were Z Holdings Corp (TYO:4689), which fell 14.18% or 56.20 points to trade at 340.00 at the close. AGC Inc (TYO:5201) declined 9.33% or 435.00 points to end at 4,225.00 and Nippon Suisan Kaisha, Ltd. (TYO:1332) was down 8.59% or 47.00 points to 500.00. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 2531 to 980 and 274

  WHEN IS THE RIGHT TIME TO INVEST IN STOCKS? The simple answer to this question is that there is no ideal time to start investing in stocks. The Greatest Investor Warren Buffett says investing is about TIME SPEND in the market, not TIMING the market. In this article, we will discuss some of the points to help you decide to start investing/trading in the stock market. WHEN IS THE RIGHT TIME TO INVEST IN STOCKS? Every Investor is unique and has specific financial goals and risk tolerance. Hence, investors need an investment strategy tailored to them. Here are some points, to help you identify the right time to invest in stocks. Source ONCE YOU UNDERSTAND HOW STOCK MARKETS WORK? Successful investing requires a basic understanding of how the stock market works. You must spend some time understanding stocks, markets, and factors, that affect stock prices, things that you need to know to analyze a company, etc. Learn about different types of stocks, sectors, market capitalization of that st

  TRADE SIGNAL AS ON 03-11-2022   USD / ZAR BUY = 18.2164 TARGET= 18.2770 SL= 18.1875                                                   HSBC HOLDINGS BUY = 456.65   TARGET= 467.57 SL= 453.40                                                 SILVER SELL = 19.312 TARGET= 19.105 SL= 19.437 Read More Signals - Click Here Visit Us For More Updates               

  TESLA PLANS MASS PRODUCTION OF CYBER TRUCKS BY THE END OF 2023 According to an exclusive story by Reuters today, citing two people familiar with the matter, Tesla (NASDAQ: TSLA) is planning to start mass production of its Cybertruck at the end of 2023. Tesla said last month that it was working on readying its Austin, Texas plant to build the new model with “early production” set to start in the middle of 2023. “We’re in the final lap for Cybertruck,” CEO Elon Musk told a conference call with financial analysts. The electric vehicle company has not announced the final pricing of the Cybertruck. In 2019, Tesla had projected an initial price of under $40,000, but prices for new vehicles have shot higher since then and Tesla has raised prices across its line-up. Tesla has also failed to show a production version of the vehicle or specified how it will manage the battery supply for the new model. In January, Musk cited shortages in sourcing components as the reason for pushing the launch