An Khmurenko

It accounts for over one-third of the total volume of transactions on Forex. This is due to various factors, the main of which are the scale and transparency of EU economies and the US. This major pair is made up of the US dollar and the Chinese renminbi or yuan. Further factors to monitor include interest rates set by the Bank of England and the European Central Bank.
Consecutive Higher High + Higher Low or Lower Low + Lower High show exactly that — the streaks of bars that are formed accordin […]

Many traders may act on these expectations and, in doing so, influence the market themselves. Forex indicators can be extremely useful if you keep it simple, but it can get problematic if it gets too complicated. Be sure to fully understand whichever forex indicators you choose to use. Certain technical indicators can be of great help to read the price action and what is more important it can help you forecast future price movement. Indicators are used to analyze and predict the behavior of a f […]

Essentially, the Fibonacci retracement is a drawing tool enabling you to gauge any partial reversals in the markets. Having the tools available to be able to foresee potential overbought or oversold assets is invaluable for predicting when to enter or exit the market. Using multiple data subsets, the MA finds the average value, and crucially this can be used in conjunction with chart analysis.
If you decide to get in as quickly as possible, you can consider entering a trade as soon as an uptren […]

Let’s move on with How to make the most of the economic calendar and the news that comes and hit the wires every day and month. We have fundamental analysis, but how about macroeconomics , what does this mean? Economic news refers to each economy, in particular, the one in the United States, the eurozone economies, the Japanese economies and so on. Because this does not represent the supply and demand that is on the stock market for example. Because on the stock exchange, If you pick any […]

Patience, discipline, and preparation will set you apart from traders who simply trade on the fly without any preparation or analysis of multiple forex indicators. We can gain a perspective of whether or not the markets are reaching a turning point consensus by charting other instruments on the same weekly or monthly basis. From there, we can take advantage of the consensus to enter a trade in an instrument that will be affected by the turn.
The best thing about this forex news site is that it […]