The Australian dollar (AUD) and United States dollar (USD) currency pair, known as AUDUSD, has seen some interesting movements in recent months. While the AUD has gained value against the USD, a technical analysis of the pair suggests that it is facing resistance at...
Forex trading also known as foreign exchange trading, is the buying and selling of currencies in the global marketplace. It is a popular form of investment and a great way to diversify your portfolio. In this beginner's guide, we will cover everything you need...
Forex trading is a dynamic and lucrative market that attracts traders from all over the world. However, trading in the forex market can be risky if one does not have a successful forex trading strategy in place. There are three main types of trading...
The MetaTrader 5 (MT5) platform has been gaining popularity among traders for its advanced charting and analysis tools. With over 80 built-in technical indicators and analytical objects, MT5 enables traders to make more informed trading decisions. This article will explore why the MT5 platform...
The price of gold, as represented by the XAU/USD currency pair, has been influenced by a variety of macroeconomic and geopolitical factors in recent years. Some of the key drivers of gold prices include:
Monetary Policy:
Changes in interest rates and monetary policy set...
Forex trading is a highly competitive and dynamic market where traders seek to buy and sell currencies in order to profit from price movements. As the Forex market is subject to various factors such as economic indicators, political events, and market sentiment, it can...
