Why Trading Robots Work With Forex, but Not With Stocks?
Trading robots are important tools that many forex traders use. The robot is used to automate and at times simplify the trading process. Bots are used by both small retail…
Trading robots are important tools that many forex traders use. The robot is used to automate and at times simplify the trading process. Bots are used by both small retail…
The cumulative volume index (CVI) is an index that calculates the flow of capital into and out of the stock market by aggregating the difference between the predicted asset price…
The Moving Average Convergence Divergence shows a move’s strength by comparing two MAs of a currency pair’s price. Since it relies on these two MAs, it is lagging. It helps…
It is abbreviated OPEC, which stands for the Organization of Petroleum Exporting Countries, which is a cartel composed of some of the world's top oil producers. Because of the vastness…
The USDCAD currency pair, which represents the Canadian Dollar to the US Dollar, is one of the most popular currencies in Forex. It is one of the seven main currency…
The forex market had a great year in 2021 as investors focused on the reopening of most countries and the stubbornness of the Covid-19 pandemic. After tumbling in 2020, the…
Currency pairs in the FX market are classified into majors, minors, and exotics in order of their popularity among traders. Majors are preferred by most because they offer high volatility,…
A forex brokerage is a platform that links retail forex traders to the foreign exchange market. A forex trading account is similar to a bank account in that it allows…
GBPUSD is one of the most traded FX pairs, owing to the size and stability of both the British and the US economies. Due to this popularity, the pair enjoys…
There are some currency pairings that are better suited for night trading. Every time you trade currencies, it is common practice to select an asset that is currently experiencing high…
At least 5% of the enormous forex trading volume consists of USDCHF or ‘Swissy’ transactions. Therefore, this market is unanimously favored by all types of speculators globally. The economies underpinning…
EURUSD is the most traded pair in the forex market. FX traders looking to trade the pair will often pay attention to economic indicators from both the Eurozone and the…