Investors were actively purchasing the greenback last week, meanwhile, Powell didn’t succeed to reverse the trend on Wednesday. More than that, he added in its statement that...
The AUDUSD pair has moderately recovered during the previous trading session. The pair added 0.5 percent, reaching the level of resistance at 0.6550 on Tuesday, whereas on Wednesday...
The regulator for the 19 countries that use the single currency cut the interest rate on cheap loans it provides to financial institutions. But it seems, the move was not so...
Over the last several weeks, the UK’s pound has appreciated, while the GBP/USD pair has advanced, coming close to a strong resistance border 1.2660. Despite this, rise near...
Covid-19 pandemic will cost the world economy $4.1 trillion, which is equivalent to 5 percent of GDP
Some experts commented yesterday that if the Bank of Canada were to cut borrowing costs it would follow likely on the back of global incentives due to the virus spread, and less...
The UK’s currency jumped after inflation picked up fueling confidence that the BoE will set interest rates cut apart for the foreseeable future.
There are a lot of terms in stock slang, which are quite complicated for a beginner to understand. But you need to continue training in order to become an effective and profitable...
The theory of stock market efficiency is a topic that will be useful to both active and passive investors. The speculators, which are using technical analysis in their activities...
The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator created by Gerald Appel and used in technical analysis to assess and predict price fluctuations in...
Welcome to the universe of technical analysis, an exchanging method that looks to make pricing targets dependent on verifiable price movements and other accessible quantitative data.
A technical indicator is a function based on the values of statistical indicators of trades (prices, trading volume, etc.), the analysis of the behavior of which is designed to...
There are a lot of books written about currency trading, many of them contain valuable pieces of advice. However, in this field exist a lot of myths, which both beginners and...
What timeframe is the best for making trade and investment decisions? Today we are going to discuss peculiarities of choosing an effective timeframe and how to build a trading plan...
The European Securities and Markets Authority (ESMA) has formally approved new rules for the provision of contracts for differences (CFDs) and binary options to traders.
The U.S. Dollar Index (often marked as DXY or USDX) is widely used in Forex. The U.S. dollar index is an indicator of the U.S. currency's strength.
The interest rates issue often appears on the agenda of various media outlets and many people are already aware that this is closely related to the global economy and finance and...
Most traders coming to the Forex market and prefer intraday trading because this type of trading allows you to earn a great profit in a short period of time.
Trading on different financial markets is quite difficult and especially on the Forex because in this field a trader can meet a lot of important features and if he knows these...
Forex traders usually comprehend basic principles of the financial markets through technical or fundamental analysis. However the most successful traders do often practice both of...
All traders live in the world of automated trading. Just several years ago, robots were following humans when it came to trading, but now the situation is changed and the trend has...
Any currency pair's movement in the foreign exchange market is a directed movement. In other words, it is called “Forex trends”.
How To Make Money During Times of Financial Crisis?
The traders trading stocks or other financial instruments like to use candlestick charts as they evidently display how the price behaved during the certain period.
Daily chart is one of the most popular among professional traders, because the trader can see the whole day events.
To achieve success in trading, it is necessary to know its basic rules.
Like any similar tendency, the trend of Forex changes, giving the chance to understand what the situation in the currency market is at a given time.
One of the first rules of Forex trading which are put persistently in the head of the trader is the obligatory placement of the Stop Loss in order to limit possible losses
The Japanese yen takes the third place in the list of world reserve currencies after dollar and the euro and represents one of the most popular currencies for Forex trading. As well...
All game on Forex develops depending on the price movement. The success of any game depends on how the player is handy with a trend. The concept “trend” includes...
To predict further dynamics of a currency pair, a huge number of techniques were invented. Nevertheless, the quantity didn't turn into quality, and to receive quite an effective...
Far back in 1877 one of the most successful traders known by history, Jesse Lauriston Livermore was born. In spite of the fact that its figure starts twitching a drowsiness gloom...
The time frame is a time interval on the asset chart on which are displayed the financial tool fluctuations in a definite time.
Despite considerable experience and professionalism, many traders and investors have vague knowledge what commodity market represents.
Each trader knows about the risks on Forex. But anyway, everyone wants to trade!
Every day the Forex market wins the increasing popularity.
The periods which are followed by high volatility involve powerful Forex risks.
Fundamental factors in the exchange market can be compared to airflow. If the pilot doesn't know everything about them, he won't be able to navigate a plane from point...
Every trader knows the difference between the fixed and floating spread. Turns out that the type of spread can represent also the brokers characteristic. So, let's discover...
When traders spend too much time on the analysis, especially technical, they often forget the real purpose of it. After all, the main goal of any trader is to make money by selling...
Despite the fact that money play one of the key roles in the modern life, just some people seriously think about the safety of their funds. And some of the traders are too careless.
To avoid such unpleasant traps as requotes and slippage in Forex trading, first of all, the trader has to choose a competent broker.