Forex starts its working hours when the Pacific session opens on Monday local time. This session is characterized by…Asian trading session
The Pacific session is followed by the Asian session. Currency pairs that include USD, EUR, JPY and AUD are traded…European trading session
The opening of the European session starts in financial centers such as those in Frankfurt, Zürich, and Paris. However…American trading session
The most active time on the foreign exchange market is the beginning of the American session, because it reaches the…
There are many gainful opportunities for traders in the forex market, but no one is immune to losses. That’s the reason why traders should employ an efficient trading strategy where both stop and limit orders go hand in hand with other essential aspects of the strategy.
Gold is one of the most popular assets traded worldwide by investors, funds, and speculators who aim to profit from the price fluctuations or stand up against inflation. Unfortunately, many market participants fail to catch the wave and take full advantage of what the gold market can offer due to the lack of knowledge and experience. Are you planning to become the next gold trader? Learn how to trade gold in the most profitable way.
The US dollar and Canadian dollar form one of the most popular currency pairs. It represents a significant quota of daily trade. It’s popular among both professionals and ultimate newbies.
Every Forex trader is interested in how to trade GBP/USD with a profit. In this article, we explain which factors have an impact on GBP\USD, how to define daily, weekly and monthly perspectives, which strategies are the best for this pair, and provide some helpful tips.
The Consumer Price Index, better known as CPI, is an important economic indicator regularly published by major economies to provide timely information on current inflation. It is a very important indicator that significantly affects central banks‘ monetary policy. In turn, central bank policy determines the course of the economy to tighten or soften, which is reflected in national currencies and the dynamics of stock markets. So, how to correctly interpret the Consumer Price Index data?
There are many definitions on the internet about what the interest rate is (also called Deposit Rate, Base Rate, Cash Rate, Policy Rate), how it affects the economy, why it is a key parameter for fighting inflation, etc. But all this is a theory, and a trader, as you know, needs the practical use of this knowledge.
The forex market is lucrative for beginners and experienced traders alike because of high liquidity, various trading options, and earning potential that can be successfully realized with a properly chosen forex pair. Then the first question a trader should ask themselves is what pairs to trade and how to predict trends to make a profit off them. In this article, we will explore the trending potential of forex pairs, how to select the best pairs in forex, and uncover short-term and long-term trends.