Continuing our series on Forex trading for beginners, we now look at how to determine a trend. I'm sure many of you have heard the saying at some point "the trend is your friend, until it bends". This ...
Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...
Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...
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Top 6 most tradable currency pairs
A nation's trade relationships, economic health, and changes in interest rates are among the many factors that affect the pricing of currency pairs. The euro and U.S. dollar (EUR/USD) pair is the most ...
Foreign exchange trading also known as Forex allows traders to purchase and sell currencies in a global marketplace so they can benefit from price movements. While trading currency pairs, you ...
The dollar index closed the day a few pips lower, as investors turned to higher yielding assets throughout the U.S. trading hours. Earlier in the day, and during the overnight session, the dollar ...
AUD/CHF is currently trading near 0.5243, hovering just above a key horizontal support zone around 0.5220–0.5200, which has acted as both support and resistance multiple times since June. Price action ...
The USD/MXN is trading around the 17.65300 ratio early on Monday, this as a wide spread is seen and as the currency pair continues to cascade lower and make support levels appear vulnerable the USD/M ...
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