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Yevhen Abramovych
Former contributor

Yevhen Abramovych

9 articles

Articles by Yevhen Abramovych (9)

The importance of GDP and the economic calendar in forex trading

Forex market traders use macroeconomic indicators in their work, that is, indicators of the state of the economy displayed in the economic calendar. And the state of the economy of any country directly affects the exchange rate of the national curren...

Forex Indicators

Exotic currencies in 2024. What to buy - lira, dirham, dram or Hong Kong dollar?

As globalization has increased dramatically in recent decades, businesses are increasingly dealing with suppliers and customers around the world. As a result, the foreign exchange market has also become more open, exposing companies to receivables an...

Forex for Beginners

What will happen to the ruble and yuan in 2024

In 2024, the ruble and yuan may undergo significant changes. A Bank of Russia report showed the yuan's share of currency turnover on the Moscow Exchange at 46% in November 2023, while the share of the dollar and euro fell to 52%. Russian companies ar...

Forex Basics

The future of the ruble and euro in 2024

The Russian currency will face difficult challenges in the coming months. The end of the Central Bank's tight monetary policy, a decline in monetary exports and a possible change in Russia's political priorities after the presidential elections could...

Forex Basics

The future of the ruble and dollar in 2024

The exchange rate of the Russian ruble against the dollar has stabilized, and in February 2024 it will consolidate around the level of 90 rubles per unit of American currency. This became possible as a result of the fact that the Russian economy reac...

Forex Basics

Types of trading - medium-term, long-term and others

Basically, types of trading differ in time parameters. When we talk about short-term, medium-term and long-term trading, we are basically talking about how long the trader plans to hold his position. In short-term trading, a trader holds a position f...

Forex Basics

FXPro - major update for 2024

FXPro has announced upcoming changes to the CFD trading rules that will come into effect for clients of FxPro Global Markets Limited, which is subject to regulation by the Securities Commission of the Bahamas (SCB). These changes concern a simplified...

All About Forex Brokers

What are Forex trading signals? Copy trading and trading signals in Metatrader

To make profitable trades, it is extremely important to enter and exit positions on time. However, given the massive amount of data generated by the market every second, it is impossible for investors to conduct continuous analysis and find the right...

Forex Indicators

What is slippage in Forex trading and how to avoid it?

Slippage occurs when the order execution price differs from the requested price. This occurs when market orders cannot be matched at preferred prices - usually in highly volatile and fast-moving markets that are prone to unexpected sharp reversals in...

Forex Basics