Artificial intelligence (AI) in forex refers to the use of advanced algorithms and machine learning models to analyse, predict, and execute trades in the foreign exchange market. Unlike traditional trading methods that rely mainly on manual analysis,...
The rounding top candlestick pattern is a technical analysis formation commonly observed in financial markets, particularly in stock trading. It is identified by a series of candlesticks that form a distinct shape resembling an arch or a dome,...
Central bank interest rate decisions are one of the most influential factors in the forex market. When a central bank raises interest rates, it generally makes that country’s currency more attractive to investors. Higher rates increase returns on...
Trading with high and low prices involves using these key levels to make informed trading decisions. Here's a brief guide on how to utilize them effectively:
Technology plays a central role in modern forex trading, shaping how traders access markets, analyse data, and execute strategies. In the past, forex trading was limited to banks, institutions, and large investors, but technology has opened the...
The Arms Index, also known as the Short-Term Trading Index (TRIN), is a technical indicator widely used by traders and investors to gauge the overall market sentiment and potential reversals in the stock market. Developed by Richard Arms in the...
Average cost, often referred to as average total cost (ATC), is a fundamental concept in economics and business that plays a pivotal role in decision-making, cost analysis, and pricing strategies. It represents the per-unit cost incurred by a firm or...
A range market, also called a sideways market, is a market condition where the price of an asset moves within a defined horizontal channel rather than trending strongly upward or downward. In this situation, the price repeatedly bounces between two...
Including cross currencies in a trading or investment portfolio can offer several advantages that go beyond traditional major pairs like EUR/USD or GBP/USD. One of the primary benefits is diversification. Cross currencies provide exposure to...