In the world of currency trading, the terms “support” and “resistance” refer to price levels at which a trend reversal is likely to occur. This sort of behavior frequently reoccurs if the currency market’s trend shifts. Increase the number of support and resistance levels you use when the market is volatile. Resistance is a price […]
Different Types of Support and Resistance in Forex Read More »
If you think from the title that the pair with the most exotic name has the most money to be made, you are partly right. They are both more profitable and risky. Forex dealing always comes with some risk, but it’s up to the trader to decide how much trouble to take. This guide will
Which are the most Exotic Currency Pairs to Trade in Forex in 2023? Read More »
This year should have been a golden opportunity for oil bulls, but it has proven just as tricky to trade as any other. China’s rebound from the lockdown and Western governments’ halt of tapping strategic oil reserves should have helped push prices higher, but by mid-year, they had fallen by more than $10 a barrel.
How Rising Interest Rates And OPEC+ Cuts Are Setting Up Oil For A Volatile Year? Read More »
TikTok, the popular short video app, has found a way to thrive in Indonesia, the world’s fourth most populous country. By partnering with local e-commerce platforms and offering live shopping events, TikTok has become a destination for millions of Indonesians to discover and buy products. TikTok’s e-commerce strategy in Indonesia But while TikTok’s success in
How TikTok is Betting on E-commerce to Survive in the US Read More »
China has just thrown a wrench into Europe’s plans to go green. The Asian giant is going to limit the exports of some crucial minerals that are used in many high-tech and low-carbon industries. This could spell trouble for the European Union, which is trying to decarbonize its economy and reduce its dependence on foreign
How China’s Mineral Export Ban Could Derail Europe’s Green Ambitions Read More »
A forex chart shows how the exchange rate between two currencies has changed over time and how it has changed in the past. If you are new to the world of FX dealing, learning how to use these charts can help you learn more about how the markets work. You can look at a forex
Quick Guide to Study Forex Charts and Time Frames like a pro Read More »
The most successful players in foreign exchange follow these five rules. Some rules apply to any market, but others only apply to currency trade. Learn these critical habits with focus and patience, and you’ll get some essential skills for making money through currency trading. Plan your trades For each deal you make, you must have
List of Five Golden Rules Followed by Successful Forex Traders Read More »
When the forex market is open for business, sellers and buyers can make transactions. The forex market operates Monday through Friday and is closed on Saturdays and Sundays. The functioning of these forex exchange markets is crucial to international trade. They include institutional and retail forex traders, brokers, investors, banks, and commercial companies. Learning when
Forex Market Hours: Is it Possible to Trade 7 Days a Week? Read More »
The yen put up a fight on Tuesday, but it was still on shaky ground as markets waited for the big guns of real FX intervention to show up. Meanwhile, the Aussie dollar took a dive after the central bank of Australia decided to sit on its hands and keep interest rates steady. Markets expect
Yen fights back, Aussie falls as RBA holds rates Read More »
Being consistent, patient, and knowledgeable are all necessary for success in the Forex market. Most critical is making a calculated decision about which currency pairs to trade. This is because traders’ strategies and risk tolerance often must be adjusted when dealing with different currency pairings. Consider the volatility of the pairs you’re considering while selecting
Which are the most Volatile Forex Currency Pairs to trade in 2023? Read More »
