Exotic pairs are pair that consist of major currency (USD, JPY, EUR) with other smaller currency like NOK, SGD, SEK, MXN etc. There are not highly liquid and spreads are high. If your are new in forex I suggest you must not trade with exotic pair.

In trading, a spread is a difference between the buy (offer) and sell (bid) prices quoted for an item. Spreads play an important role in CFD trading because both derivatives are priced using them.

The RSI isn't a particularly useful tool for confirming or completing trades. For forex traders, the RSI is useful as an initial signal that highlights trade possibilities and encourages further investigation and examination. It's because, while RSI...

With increased convenience and being able to trade on the go and wherever you are thanks to smartphones, many traders make the most of it. However, it tends to be a bit limited due to the smaller screen, especially to carry out proper analysis and to...

Forex trading allows traders to speculate in both bullish and bearish markets. Because forex trading is usually done in currency pairs, when one currency falls, the other rises, allowing traders to profit from both rising and falling...

Inequality in economics is the financial stratification of a population, that is, the coefficient of well-being between populations or states.

Exotic currency pairs in the forex market differ from major and minor currency pairs in several ways. Major currency pairs consist of currencies from economically stable countries with high trading volumes, such as the US dollar (USD), Euro (EUR),...

Trend indicators are technical indicators used to determine the direction of the forex market. Many factors influence the direction of the market trend. As a result, the trend has changed. Forex traders use trend indicators to make profitable trades....

Supply and demand are the first and most obvious factors. A currency with high demand will appreciate against one with low demand and vice versa. It probably sounds obvious, but we have to start somewhere.

Forex trading is the purchase or sale of a currency pair in order to profit from the difference between the entry and exit prices. Most traders spend more time thinking about entry points than exit points. While proper trade entry is critical, most...