The USDJPY currency pair is formed by the United States dollar and the Japanese yen. It is often abbreviated as "USD/JPY". The USDJPY has a very liquid market, with an average daily volume of over $100 billion. It is one of the most traded...
A technical indicator is a mathematical formula that traders use to help them predict future price movements. Technical indicators are embedded in trading platforms such as MT4, and they can be used to create trading strategies.
There are many different types of technical indicators, and...
Fibonacci retracement is a popular technical analysis tool used by traders and investors to identify potential levels of support and resistance in financial markets. It is based on the Fibonacci sequence, a series of numbers where each number is the sum of the two...
In the context of forex (foreign exchange) trading, a "pip" stands for "percentage in point" or sometimes "price interest point." It is a standardized unit of measurement used to quantify changes in the exchange rate between two currencies. Pips are typically used to express...
Forex trading, short for foreign exchange trading, has become one of the most popular and accessible ways to participate in the global financial markets. With a daily trading volume exceeding $6 trillion, it dwarfs other financial markets like stocks and commodities. However, despite its...
Forex is not so difficult but you need to learn and practice for few months. Everyone can start trading from anywhere in the globe. There are so many regulated forex broker in the world. Forex and CFD trading regulator well known in the globe...
