There are many technical indicators available in the Forex market today. Let’s discuss the indicators widely used by traders in this article. Moving Average - simply speaking, moving average is an indicator that identifies and follows the trend. MACD -...
A Forex market participant must consider a lot of factors and events before making any decision. There is a necessity to be aware of the factors that affect the movements of the Foreign exchange market. Holidays should not be considered...
In the forex market, you have the option to control your trades with types of forex orders. Among these various orders, some of them allow you to control both of your entry and exit, while some others don’t. Understanding how...
The People's Bank of China (PBoC) announced on the 9th that it lowered the yuan's standard against the dollar for two consecutive trading days, reflecting the economic recovery trend, the difference in interest rates at home and abroad. PBoC lowered...
Coronavirus has been ultimately jeopardizing the global economy. Among the victims of coronavirus economic impacts, forex markets is one of them.
Forex trading has become highly popular that the internet is now packed with plenty of information about it. Accessing Forex resources has never been easier as discussions, articles, blog posts, and even forums dedicated to Forex are continuously increasing. However,...
The pandemic has brought about changes in an unprecedented scale in the Forex market. We’ve seen growth at such a rapid pace especially with the shift to online platforms. There’s been an increase in new traders, in participation, and in...
The Chinese yuan's share of foreign exchange reserves in countries around the world increased to 2.45%, breaking its previous high. According to Chinese media on the 2nd, the yuan's share of global foreign exchange reserves in the first quarter rose...
As we all know, foreign exchange trades for five days a week and 24 hours a day. Within this market, traders can have the chance to have highly leveraged trading accompanied by lower margin requirements. But, before you go directly...
In the world of trading, a spilled milk that costs thousands of dollars is far too heavy to bear. Even before tossing money on any types of investments, investors should be aware that losses can occur at any point of...
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