What is your definition of forex? Is it an adventure, a source of income, a challenge, or even a pastime? What does the word ‘forex’ bring to mind? Whatever it is, trading may be fascinating so long as you aren’t losing money. Are you confident that you’re fully aware of what’s required to trade foreign […]
8 things about forex you may not have known Read More »
Forex trading, also known as foreign exchange trading, offers a world of opportunities for individuals to participate in the global currency market and potentially profit from currency price fluctuations. If you’re a beginner looking to venture into forex trading, this comprehensive guide will provide you with the essential knowledge and steps to get started. 1.
How to Trade Forex for Beginners: A Comprehensive Guide Read More »
How events affect the markets There were several top-tier primary occurrences and themes this past week in late April 2022, some of which might have set the market in motion even though there was a lot of anticipation. After a month of increasingly intense speculation designed to build up anticipation for an accelerated approach of
The dollar is on fire, and the market is stumbling Read More »
When it comes to making money in today’s fast-paced world, many people are tempted by get-rich-quick schemes and other dubious investment opportunities. However, investments like forex trading require time, effort, and perseverance if you want to succeed. The financial markets are complex and constantly changing, making it challenging to develop the skills necessary for profitable
The truth about forex trading Read More »
If you are trading without any strategy, you will likely end up without making consistent gains or worse, you may end up with significant losses that can accumulate over time. What is important to consider Many traders have a lot of trouble determining how many pips they should target each day when trading forex. This
How many pips should you target daily? Read More »
The US dollar may skyrocket in the coming week as market-wide anxiety grips investors following the ongoing Russia-Ukraine war and hawkish remarks from the FED. The anti-risk Japanese Yen and Swiss Franc may benefit from an uptick, but the Greenback might have the edge over its rivals because of its enormous liquidity. Following remarks from
Will the EUR/USD volatility increase ahead of GDP and CPI data from Ukraine? Read More »
The US dollar has been unstoppable lately, and it hit a new 19-year high today. As seen in the Q2 forecast, the US Dollar’s strength has already been present for some time. The prospect of a stronger dollar was teased in Q1 of 2021, but it quieted down in Q2 before resurfacing in Q3. The
Price action setups for US dollar forex pairs Read More »