At 6:00 PM UTC on March 20, the US Federal Reserve will report its interest rate decision, which is a key indicator of the country’s economic performance.
Here’s what to look out for:
🔼 Data below 5.50% may drive EUR/USD up.
🔽 Data above 5.50% may drive EUR/USD down.
What’s your forecast?
React with 👍 if you think EUR/USD will go up.
React with 👎 if you think EUR/USD will go down.
Here’s what to look out for:
🔼 Data below 5.50% may drive EUR/USD up.
🔽 Data above 5.50% may drive EUR/USD down.
What’s your forecast?
React with 👍 if you think EUR/USD will go up.
React with 👎 if you think EUR/USD will go down.
📈 By default, when you hit Up or Down trade buttons on Olymp Trade, you need to confirm your decision by checking the trade parameters. This confirmation window serves as your checkpoint, ensuring that every detail — trade amount, duration and order type — is just the way you want it.
However, in ultra-short trades, we’re not always keen on going that extra mile. This is where the 1-click trade feature comes in handy.
With it on, your trades are executed the moment you press Up or Down.
📌 Where to find it
Head over to Profile > Settings > Trading and activate the 1-click trade feature. You will see it in the Trades section.
🔖 Forward this to your Saved messages to keep this useful tool in mind.
However, in ultra-short trades, we’re not always keen on going that extra mile. This is where the 1-click trade feature comes in handy.
With it on, your trades are executed the moment you press Up or Down.
📌 Where to find it
Head over to Profile > Settings > Trading and activate the 1-click trade feature. You will see it in the Trades section.
🔖 Forward this to your Saved messages to keep this useful tool in mind.
Let’s see what’s fueling Dogecoin’s unprecedented rally.
Factors behind the surge
⚡️ The US Securities and Exchange Commission might green-light a DOGE ETF.
⚡️ Traders started moving funds from Bitcoin to major memecoins like DOGE.
Why invest now
🔍 Elon Musk has shown support for Dogecoin in his tweets, and Tesla started accepting it as a form of payment in 2022.
🔍 Rising interest in crypto and the upcoming Bitcoin halving are drawing attention to DOGE.
🔍 Institutional investments are flowing in.
🔍 Dogecoin adoption has been picking up since more companies approved it as a form of payment.
🔍 An impressive 3,000% increase in memecoin trading volume in one week signals growing enthusiasm.
Do you think Dogecoin will keep climbing?
👍 if you’re aboard the DOGE rocket.
👎 if you’re skeptical about a long-term rise for DOGE.
Factors behind the surge
⚡️ The US Securities and Exchange Commission might green-light a DOGE ETF.
⚡️ Traders started moving funds from Bitcoin to major memecoins like DOGE.
Why invest now
🔍 Elon Musk has shown support for Dogecoin in his tweets, and Tesla started accepting it as a form of payment in 2022.
🔍 Rising interest in crypto and the upcoming Bitcoin halving are drawing attention to DOGE.
🔍 Institutional investments are flowing in.
🔍 Dogecoin adoption has been picking up since more companies approved it as a form of payment.
🔍 An impressive 3,000% increase in memecoin trading volume in one week signals growing enthusiasm.
Do you think Dogecoin will keep climbing?
👍 if you’re aboard the DOGE rocket.
👎 if you’re skeptical about a long-term rise for DOGE.
What are your favorite assets? 💚
Anonymous Poll
40%
Currency pairs
14%
Stocks
14%
Commodities
32%
I love all of them
🚀 Ready to level up your trading?
Join us for an in-depth tutorial on maximizing the potential of our trading platform.
Follow along as our platform guru Gaspar lends a helping hand to all traders to explore advanced platform features.
💡 Watch now on YouTube https://www.youtube.com/watch?v=OEc4FOTz20Q&ab_channel=OlympTradeGlobal
Join us for an in-depth tutorial on maximizing the potential of our trading platform.
Follow along as our platform guru Gaspar lends a helping hand to all traders to explore advanced platform features.
💡 Watch now on YouTube https://www.youtube.com/watch?v=OEc4FOTz20Q&ab_channel=OlympTradeGlobal
YouTube
Olymp Trade hidden gems
In this video, join Gaspar and Alex as they explore the advanced features of our trading platform.
Find out how to customize the platform to make it your trusty companion on your trading journey. Whether you’re a beginner or an experienced trader, this…
Find out how to customize the platform to make it your trusty companion on your trading journey. Whether you’re a beginner or an experienced trader, this…
🌟 Last week’s market was buzzing, and we’ve got some highlights for you.
🕸 Google stock increased by 6.6%, providing an opportunity to gain a 132% profit with a x20 multiplier in FX mode. The stock’s rise came after news about Google’s collaboration with Apple on AI projects.
👾 The cryptocurrency Kusama dropped by 25.3%, giving traders a chance to profit by 253% using a x10 multiplier in FX mode. The decline was driven by Bitcoin’s price drop due to active sell-offs by traders and investors.
🛢 The price of Brent crude oil increased by 6.3%, allowing traders to earn 315% on their bullish positions with a x50 multiplier in FX mode. The price hike is supported by several factors, including the IEA’s warning of supply shortages throughout 2024.
Which of these assets would you consider for trading?
👍 Google
🔥 Kusama
❤️ Brent
🕸 Google stock increased by 6.6%, providing an opportunity to gain a 132% profit with a x20 multiplier in FX mode. The stock’s rise came after news about Google’s collaboration with Apple on AI projects.
👾 The cryptocurrency Kusama dropped by 25.3%, giving traders a chance to profit by 253% using a x10 multiplier in FX mode. The decline was driven by Bitcoin’s price drop due to active sell-offs by traders and investors.
🛢 The price of Brent crude oil increased by 6.3%, allowing traders to earn 315% on their bullish positions with a x50 multiplier in FX mode. The price hike is supported by several factors, including the IEA’s warning of supply shortages throughout 2024.
Which of these assets would you consider for trading?
🔥 Kusama
❤️ Brent
On March 28 at 12:30 pm UTC, the US will publish its data on the GDP growth rate for Q4 2023. This is an important indicator of the country’s economic performance.
🔼 Data below 3.2%% may drive EUR/USD up.
🔽 Data above 3.2% may drive EUR/USD down.
What’s your forecast?
React with 👍 if you think EUR/USD will go up.
React with 👎 if you think EUR/USD will go down.
🔼 Data below 3.2%% may drive EUR/USD up.
🔽 Data above 3.2% may drive EUR/USD down.
What’s your forecast?
React with 👍 if you think EUR/USD will go up.
React with 👎 if you think EUR/USD will go down.
⏳ Trading used to happen at set times in different parts of the world, like Asia, Europe and America. Business hours were trading hours, and that still holds true.
But nowadays, trading isn’t limited to just those periods. Thanks to the internet, people can now trade certain assets whenever they want. Here’s what you need to remember:
🕐 Stocks only trade at certain times on weekdays.
🕦 Сurrency pairs trade 24 hours a day, five days a week.
🕚 Cryptocurrencies can be traded 24/7.
On Olymp Trade, you can easily see when each asset is available for trading by clicking on the information icon next to its name.
Were you familiar with trading sessions?
🔥 — Definitely
🤔 — Nope
❤️ — Thank you for this info
But nowadays, trading isn’t limited to just those periods. Thanks to the internet, people can now trade certain assets whenever they want. Here’s what you need to remember:
🕐 Stocks only trade at certain times on weekdays.
🕦 Сurrency pairs trade 24 hours a day, five days a week.
🕚 Cryptocurrencies can be traded 24/7.
On Olymp Trade, you can easily see when each asset is available for trading by clicking on the information icon next to its name.
Were you familiar with trading sessions?
🔥 — Definitely
🤔 — Nope
❤️ — Thank you for this info
This person is known for his visionary leadership and ambitious investments in the sectors of technology and telecommunications. He’s also the founder and CEO of SoftBank, a multinational conglomerate based in Japan.
What’s his name?
What’s his name?
Anonymous Poll
32%
Masayoshi Son
39%
Satoshi Nakamoto
15%
Tadashi Yanai
14%
Hiroshi Mikitani
Why did it happen?
🔎 The whole cryptocurrency market saw a downturn, including the big ones like Bitcoin and Ethereum. This affects smaller cryptocurrencies like Kusama.
🔎 The US Federal Reserve may tighten the monetary policy, which makes risky investments like cryptocurrencies less popular.
Kusama may go up again after falling. Here’s why:
📍 If Bitcoin and Ethereum improve, other cryptocurrencies like Kusama might follow.
📍 Kusama’s new parachain launches soon, which could make people want to buy it more.
Why might it be a good time to trade on Kusama?
⚡ It’s cheap right now — 70% cheaper than its highest price.
⚡ Kusama has a team of experienced developers with extensive experience in the blockchain sector.
⚡ Kusama is a promising project used to test new features before they’re added to Polkadot, a massive Web3 project.
React with 🔥 and trade on Kusama in Forex mode.
🔎 The whole cryptocurrency market saw a downturn, including the big ones like Bitcoin and Ethereum. This affects smaller cryptocurrencies like Kusama.
🔎 The US Federal Reserve may tighten the monetary policy, which makes risky investments like cryptocurrencies less popular.
Kusama may go up again after falling. Here’s why:
📍 If Bitcoin and Ethereum improve, other cryptocurrencies like Kusama might follow.
📍 Kusama’s new parachain launches soon, which could make people want to buy it more.
Why might it be a good time to trade on Kusama?
⚡ It’s cheap right now — 70% cheaper than its highest price.
⚡ Kusama has a team of experienced developers with extensive experience in the blockchain sector.
⚡ Kusama is a promising project used to test new features before they’re added to Polkadot, a massive Web3 project.
React with 🔥 and trade on Kusama in Forex mode.
Make the Bollinger Bands and RSI strategy your go-to when the price moves sharply in any direction, giving you a chance to trade before a reversal. Use it on 1m and 5m timeframes for best results.
✅ Setting up
1. Select Forex and a currency pair.
2. Apply Bollinger Bands (20, 2) to spot volatility and entry points.
3. Apply RSI with a period of 11 from the Oscillators list for trend reversals.
🔼 Opening an Up trade
- RSI is above 70.
- Candlestick closes above the upper Bollinger Band.
🔽 Opening a Down trade
- RSI is below 30.
- Candlestick closes below the lower Bollinger Band.
💰 Closing a trade
Set a SL that’s 10 pips above or below your entry point and past the closing line price of the Bollinger Bands line. Set a TP at 1.5 to 2 times more than your SL. Adjust your SL and TP based on volatility and currency pair history.
❗ The Bollinger Bands and RSI strategy is ideal for aggressive trading and quick decision making. Use it wisely.
Have you used this strategy before? React with
👍 if yes
👎 if no
✅ Setting up
1. Select Forex and a currency pair.
2. Apply Bollinger Bands (20, 2) to spot volatility and entry points.
3. Apply RSI with a period of 11 from the Oscillators list for trend reversals.
🔼 Opening an Up trade
- RSI is above 70.
- Candlestick closes above the upper Bollinger Band.
🔽 Opening a Down trade
- RSI is below 30.
- Candlestick closes below the lower Bollinger Band.
💰 Closing a trade
Set a SL that’s 10 pips above or below your entry point and past the closing line price of the Bollinger Bands line. Set a TP at 1.5 to 2 times more than your SL. Adjust your SL and TP based on volatility and currency pair history.
❗ The Bollinger Bands and RSI strategy is ideal for aggressive trading and quick decision making. Use it wisely.
Have you used this strategy before? React with
👍 if yes
👎 if no
Finish the quote
Warren Buffett:
"I make no attempt to forecast the market — my efforts are devoted to..."
Warren Buffett:
"I make no attempt to forecast the market — my efforts are devoted to..."
Anonymous Poll
42%
reading financial reports
19%
researching what’s present
19%
finding undervalued securities
20%
making it happen my way
We’re delighted to introduce our new guide to a powerful tool that every trader needs to master — fundamental analysis 📊
Our trading expert Gaspar delivers a brief explanation of what fundamental analysis actually is and how to use it in trading.
Gaspar also outlines the key factors that drive the trading landscape in 2024. This is definitely something traders should know.
So if you want to stay informed, watch our new video. Your thoughts and questions are always welcome 💬
https://www.youtube.com/watch?v=OrVgGpzr7ag&ab_channel=OlympTradeGlobal
Our trading expert Gaspar delivers a brief explanation of what fundamental analysis actually is and how to use it in trading.
Gaspar also outlines the key factors that drive the trading landscape in 2024. This is definitely something traders should know.
So if you want to stay informed, watch our new video. Your thoughts and questions are always welcome 💬
https://www.youtube.com/watch?v=OrVgGpzr7ag&ab_channel=OlympTradeGlobal
YouTube
How to use fundamental analysis | An Olymp Trade guide
📝 Let’s dive into fundamental analysis, an essential tool that helps improve trading outcomes.
In this video, you’ll discover how economic growth, inflation and other factors influence market trends. Knowing this, you can navigate the markets with confidence…
In this video, you’ll discover how economic growth, inflation and other factors influence market trends. Knowing this, you can navigate the markets with confidence…
🚀 Discover last week’s top performers with our quick market recap.
🎮 NVIDIA shares spiked by 6.2% after the Blackwell chip range was unveiled at the company’s GPU Technology Conference 2024.
💸 AUD/CHF grew 1.9% due to a dip in CHF’s value, coupled with the Federal Reserve’s decision to hold rates steady, strengthening the USD.
🐶 DOGECOIN surged by 44.3% following Elon Musk’s announcement that some Tesla products can be bought using this cryptocurrency.
📈 Britain’s FTSE 100 index rose 2.3% thanks to heightened demand for the index’s top-tier stocks.
Which asset looks like the best profit-maker? Vote for your pick.
👍 NVIDIA
🔥 DOGECOIN
🤩 FTSE 100
❤️ Other
🎮 NVIDIA shares spiked by 6.2% after the Blackwell chip range was unveiled at the company’s GPU Technology Conference 2024.
💸 AUD/CHF grew 1.9% due to a dip in CHF’s value, coupled with the Federal Reserve’s decision to hold rates steady, strengthening the USD.
🐶 DOGECOIN surged by 44.3% following Elon Musk’s announcement that some Tesla products can be bought using this cryptocurrency.
📈 Britain’s FTSE 100 index rose 2.3% thanks to heightened demand for the index’s top-tier stocks.
Which asset looks like the best profit-maker? Vote for your pick.
👍 NVIDIA
🔥 DOGECOIN
🤩 FTSE 100
❤️ Other