Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...
Japanese candlestick charts have become a standard technical analysis tool for many forex traders. In just one candle, a currency trader can see an exchange rate’s open, high, low and close for a ...
Trading the financial market can be profitable and risky depending on the knowledge and experience of a forex trader. To become an expert, traders need time to learn strategies to make an educated ...
In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
In our last two articles we referred to different time periods, which in itself is a type of analysis known as Multiple Time Frame Analysis. This refers to when a technician analyzes the same currency ...
Forex trading continues to evolve across global markets. In Nigeria, traders are becoming more sophisticated in how they approach the forex market. One major shift being observed is a renewed focus on ...
Forex trading, or foreign exchange trading, is the trading of currencies to profit from fluctuations in value. It is the largest financial market globally, with more than $7 trillion traded each day.
The USD/BRL has achieved selling pressure in a cautious manner and closed yesterday's trading near the 5.3581 ratio, this as ...