The importance of customer service and support from your forex broker cannot be overstated. As a forex trader, you need a broker that you can rely on to provide you with the information and assistance you need to make informed trading decisions. A...
In the world of trading, anticipation can be a tangible force that can drive market movements and shape investment decisions. Traders may anticipate future market conditions based on a variety of factors, including economic data, political...
The American session was marked by significant volatility in global currency markets. The USD weakened against most major currencies, with the euro and the GBP outperforming the US dollar. The GBP reached the highest levels since the Brexit...
The duration of a bullish rectangle pattern is typically measured by the amount of time the price consolidates within the defined horizontal support and resistance levels. This consolidation phase can vary widely in length, depending on the asset and...
Swing trading can be profitable in both bull and bear markets, as it aims to capture price movements over a short to medium-term period, regardless of the overall market trend. In a bull market, swing traders may look for buying opportunities at...
Pivot points are calculated using a specific formula that takes into account the previous day's high, low, and closing prices. These points are widely used in technical analysis to determine potential support and resistance levels for a given trading...
During periods of high liquidity, typically when major financial centers like London and New York overlap, Forex traders can benefit from tighter spreads and faster execution of trades. High liquidity means more market participants, leading to more...
A kickback is an illegal payment made in exchange for preferential treatment or other types of improper services. The kickback could be cash, a gift, credit, or anything else of value. Paying or receiving kickbacks is a corrupt practise that impairs...
The Three-River Bottom pattern is a rare and unique candlestick formation in technical analysis, often indicating a potential bullish reversal in a downtrend. It is composed of three distinct candlesticks and is typically found after a prolonged...