Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.
Traders apply technical analysis to the Forex markets because they believe that exchange rates are not always determined by economic fundamentals like central bank activity, prices and interest rates.
At its foundation, technical analysis is the study of price behavior. It seeks to identify areas where market participants ...
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Learning how to read forex charts is one of the first steps you’ll need to take as a beginner in trading. We explain how you can read some of the main types of FX charts, and more, in this guide. A ...
When you’re learning how to trade forex, a trading plan is essential for maintaining discipline and consistently applying your edge in the markets. Outline your risk management rules, capital ...
With over $5 trillion traded every single day, the forex (foreign exchange) market is the largest, most liquid market in the world. With forex trading, you speculate on the value of one currency ...
Technical analysis is the major gadget that forex traders use to foresee future price movements based on historical data. Contrary to the fundamental analysis, which is based on economic indicators ...
THE TAKEAWAY: S&P 500 technical positioning warns of a turn lower ahead, hinting the safe-haven US Dollar may manage to hold up at support and position for recovery. US DOLLAR TECHNICAL ANALYSIS– ...
Learning how to read forex CFD charts is one of the first steps you’ll need to take as a beginner in trading. In this guide we explain how you can read main FX chart types and more. Start trading ...