In every journey, you need a map to get to your destination. The same goes for trading in the foreign exchange market. You need to chart your course in order to achieve your trading goals. You need to make use of the best forex signals and charts in order to help you navigate your way […]
The Best Forex Signals Chart the Course of Trading Read More »
Forex charts are a crucial tool for every trader regardless of whether they’re new to the market or not. Considering how volatile Forex is, charts are designed to add a bit more certainty to the whole process of buying or selling currencies. For those who are wondering exactly what these charts can do for them,
Importance of Forex Charts Read More »
With the Foreign Exchange market becoming so volatile, it isn’t surprising that many traders are relying on different tools to keep them earning a profit. One of those undisputedly crucial tools is Forex charts which give a one-glimpse summarization of how the market stands. Currently, there are numerous Forex charts being used by traders, both
Types of Forex Charts Read More »
Without a doubt, many of those who are running a firm have one question in mind: what are the main steps in opening a forex corporate account? To put it simply, such an account allows a business to enjoy top-notch “survivability”. Of course, some would be confused by such a notion, as currency trading and
The Fundamentals of Application of Forex Corporate Accounts Read More »
The euro traded lower against the US dollar on Monday sessions, although investors continued to support demand for the single currency in the wake of recent forex news regarding details of the European Central Bank’s bond buying program. The EUR/USD hit 1.2770 at Monday US trading before consolidating at 1.2795. Analysts believed that the currency
EUR/USD Weakens on Speculation Over Third Round of Quantitative Easing Read More »
As every experienced Forex trader knows, the currency market can be affected by a large number of things from the country’s economy to the political stability of the nation. This is why it isn’t surprising that the Obama speech is something lots of Forex traders have been looking forward to hearing. Being one of the
Forex News: Dollar Position Still Poor Against Yen and EUR Read More »
The Euro has been doing pretty good during the start of week in its fourth consecutive gain. This isn’t really surprising since authorities have mostly been optimistic about the situation thanks to the policy meeting conducted by the European Central Bank. The optimism was fueled by authorities as most believed that new policies will involve
Forex News: Euro Weakens; US Dollar Does the Same Read More »
As to be expected, most people are currently thinking about the NFL playoffs, while a few still remain focused on forex news. Indeed, no matter how exciting football might be, it is always much more important to keep track of the latest happenings in the currency market. Of course, some might be thinking that reading
Forex News: Mostly Pessimistic but Nevertheless Vital Read More »
The UK pound traded higher against the US dollar on positive forex news regarding the performance of the British economy. The GBP/USD reached 1.5992 in Monday US morning trading after pulling back from a daily low of 1.5960. Analysts believe that the currency pair is likely to reach its support level at 1.5921 and resistance
GBP/USD Strengthens Amid Positive UK Figures, Hopes for Fed Easing Read More »
With the market totally convinced that some form of quantitative easing is pretty much a done deal even before the FOMC meeting on Thursday, the US Dollar should have continued to weaken at the start of week. After last week’s ECB announcement about its new bond buying program to bail out its financially troubled members,
The US Dollar is finding an Ally on the brewing Tide of Dissent against the ECB Read More »
