Have you heard of the word lemming before in financial markets? In the financial markets, a “lemming” is someone who follows the herd and buys security not because they performed their research and found it to be a decent buying opportunity but because everyone else was. In this guide, we’ll explain what lemming means and […]
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Covid-19 brought notable economic disruptions, creating volatility in the forex market. Since the pandemic, the forex market has seen a 300% increase in entrants. Of course, with staying home being the new normal and an at-home market being so welcoming, this is bound to happen. So, this is the right time to jump in if
What Do You Need to Know About the Forex Quote? Read More »
Today we are going to shed light on fundamental analysis concerning Forex. What do you do if you observe a problem with your sleeping pattern? You certainly look up to the factors involved. In the same way, a currency pair fluctuates due to several factors. Knowing the factors, you’ll be able to make better projections
How to do Fundamental Forex analysis in 2022? Read More »
The foreign exchange market is an easily accessible financial market. This is why it does not take much to start day trading in forex. Day trading is all about price changes. Some brokers allow you to start an account with a minimum initial deposit of $50. Others do not require a deposit at all. Factors
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You’ll hear a lot about forex versus stock trading because they’re the two most popular global markets. While forex and stocks are similar, they are not identical, and one may suit your trading style more than the other. For example, you could start trading in both the FX and stock markets. So let’s find out
Is forex better than stocks? Find out key differences Read More »
Do you ever wish you could put your Forex trading on autopilot? It’s natural to wish we might be paid more for doing less. Forex trading is entertaining, but it is also time-consuming: you must keep up with global news and events, monitor charts, and figure out how to monitor currencies in a worldwide market
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The GBP/USD pair rose to a daily high during the mid-European session. The pair now looks to continue the rise beyond the 1.3400 mark. It has now filled the weekly bearish gap amid some intraday US dollar selling as the pair rallied around 100 pips on Monday from the 1.3300 mark. Nervousness about the worsening
Price Analysis of GBP/USD: Retakes Mark 1.3400 to Move towards Channel Resistance Read More »
The EUR/USD pair maintains a bearish bias if it stays under the downtrend line. The currency pair could come back down if it fails to close the gap down. A bearish pattern around the downtrend line could announce a new leg down. The EUR/USD price loses altitude after reaching the 1.1231 level. The currency pair
EUR/USD 1.12 Holds, Gap Down Intact! Read More »
The trend line is the most flexible trading tool in forex marketing. According to technical experts, the trend is your friend, and detecting this trend is the first stage in solid trade. Therefore, a trendline assists technical analysts in determining the current price direction of the market. Trendlines Trendlines are immediately visible lines that traders
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The triple exponential moving average (TEMA) was created to smooth price swings, making it simpler to discern patterns without regular MA lag. It accomplishes this by eliminating some of the lag from several EMA of the original EMA. In addition, it can assist in determining trend direction, signaling probable short-term trend shifts or pullbacks, and
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