Objective analysis in forex refers to a method of analyzing currency markets using data and facts instead of personal opinions or biases. This approach involves using technical analysis and fundamental analysis to evaluate market trends and make...
Currency values are influenced by a variety of economic factors that reflect a country's overall economic health and stability. One of the primary factors is interest rates set by central banks. Higher interest rates tend to attract foreign capital,...
Murrey Math is a trading system developed by T. H. Murrey, which aims to simplify and demystify the process of analyzing and predicting market movements. This methodology is based on the principles of Gann theory, incorporating elements of price...
In forex , a line chart serves as a fundamental tool for visualizing the historical price movements of currency pairs over specific time intervals. This straightforward chart type is widely employed by traders to identify trends, analyze market...
When money is placed on a financial market, such as the forex, the goal is to generate a return on investment. Many traders strive not only to profit, but also to outperform and beat the market.
The Takuri pattern is a Japanese candlestick formation used in forex trading to identify potential reversals in a downtrend. It’s characterized by a single candlestick with a small body and an exceptionally long lower shadow, indicating that...
Investing in digital gold is a way to gain exposure to the price of gold without physically owning the metal. There are several ways to invest in digital gold, including through:
There's something appealing about creating an automated trading system that requires you to act in a certain way every time market movement triggers a signal. The advantage is that it is far easier for some traders to maintain trading discipline when...
A currency swap is the most common type of forwarding trade. With the understanding that they will reverse the trade later, one party exchanges currency for another for a predetermined period. The contracts for these products are not standard, and...
The Money Flow Index (MFI) is a momentum oscillator that incorporates both price and volume data, making it a powerful tool for traders. Here are some common strategies for trading with the MFI: