Category Archives: Forex Blog
7 MINS READ
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...
11 MINS READ
The candlestick pattern analysis method has evolved to become one of the most popular technical analysis tools in the Forex market....
11 MINS READ
The zig-zaging moves of the forex market have confounded traders since the beginning of exchanges. While some dismiss technical analysis as no better than reading tea leaves, the Gartley pattern has demonstrated that methodical analysis of price acti...
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US equities rally even as bond yields and the dollar surgeNonfarm payroll employment surged by 303,000 in March, the most since May 2023, led by healthcare, government, leisure, and construction, the Labor Department’s Bureau of Labor Statistic...
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Annual inflation remained above 2.0 percent, underscoring economic resilienceConsumer prices rose 0.3% in February from 0.4% the previous month, and at an annual pace of 2.5% from 2.4% in January as consumer spending rebounded to 13-month highs, the ...
18 MINS READ
Basic Forex Terms You Should Know Before TradingTrading currencies in the foreign exchange (forex) market can feel like entering a foreign country, with its language and customs. Before starting Forex trading, it is essential to learn the basic Forex...
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Equities rally while the US dollar and bond yields fall The US Federal Reserve maintained interest rates at multi-decade highs of 5.25%-5.50% following its two-day monetary policy meeting on Wednesday, even as Chair Jerome Powell reiterated that...
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However, the mixed data showed an increase in the jobless rate and a drop in wage growth The US economy added 275,000 new jobs in February, above the 12-month average of 230,000 and way higher than economists' forecasts of 198,000. The month...
15 MINS READ
Learning how to read forex charts is an essential skill for anyone looking to trade currencies successfully. Charts provide a visual representation of the price movements and trends of currency pairs, allowing traders to analyze and make informed tra...
10 MINS READ
Have you ever felt like you were swimming against the current when trading Forex?You're not alone.Going against the dominant market trend can be tricky, but counter trading strategies allow savvy traders to profit in any market condition.Counter ...
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