ICMarkets is a well-known Forex and CFD broker that has gained a reputation for being a trusted and reliable choice for traders. Keep in mind that my knowledge is based on information available up until September 2021, so it's important to verify the current...
A forex broker is a financial services company that offers clients the ability to trade currencies, commodities, and other financial instruments. These brokers can be market makers or act as agents for execution.
When choosing a forex broker, it is important to consider several factors...
Usdjpy analysis (usdjpy technical analysis) reveals that the company is in a good financial condition with sufficient liquidity and healthy cash flow. However, it has been struggling to keep up with the competition and generate significant revenue growth. The strategy appears to be working...
Relative Strength Index (RSI) is a popular technical indicator used in the foreign exchange (Forex) market to measure the strength of a currency pair's price action. It is calculated using a formula that compares the magnitude of a currency pair's recent gains to the...
This recent data would put pressure on the price of Gold and, as we can see from the chart, the price has rejected the $1810.00 level. On the 4hr chart, the price formed a double top pattern with the neckline support level at $1782.00.
If...
In forex trading, "lower low" and "lower high" are terms used to describe specific price patterns that can provide traders with valuable information about the direction of a currency pair's trend. These patterns are often associated with technical analysis, which involves studying historical price...
