Forex offers various benefits to foreigners during different market conditions, making it a versatile investment option. In volatile markets, forex trading provides opportunities for significant profit through speculation on currency price movements....

Cross-currency pairs are pairs that are not associated with USD, for example, audcad, audchf, audnzd, audjpy, cadjpy, chfjpy, eurjpy, eurgbp, eurchf, eurnzd, etc.

Stop loss orders are crucial tools in trading, offering several key benefits that help manage risk and preserve capital. Here's why they are important:

Technical analysis is a powerful tool for forecasting price movement in the Forex market. It is more popular than fundamental analysis in currency trading and is used by both novice and experienced traders. Is it truly universal and omnipotent? In...

A trading indicator is a statistical tool used by traders to make informed decisions about buying or selling securities. These indicators analyze historical data, such as price, volume, and volatility, to forecast future market movements. They are...

The buying rate, also known as the bid price, refers to the price at which a financial institution or a market maker is willing to purchase a specific currency, security, or financial instrument from a trader or an investor. It is one of the two...

Scalping is a high-frequency trading strategy that involves buying and selling assets in a very short period of time, usually within minutes or seconds. It is a popular strategy among day traders and is often used in the stock, forex, and...

Carry pairs are both liquid and volatile. Pairs such as the EURJPY and USDJPY are traded all over the world, and trading activity is fast, but they are also quite volatile, as many financial players use the Japanese currency to borrow and invest in a...

The Piercing Pattern is a two-candlestick formation in technical analysis, signifying a potential bullish reversal. This pattern occurs after a downtrend and consists of two specific candlesticks. The first is a long bearish candlestick, indicating...

The spot market is a market for buying and selling currencies depending on their current trading price. That price is determined by supply and demand and is calculated using a variety of factors, including current interest rates, economic...