Blog
Jan 17 GDP q/y (China) It’s the broadest measure of economic activity and the primary gauge of the economy’s health Jan 18 Statement on Monetary Policy (Japan) The Policy Board of the Bank of Japan has decided to keep its massive monetary policy unchanged. Thus, Japan is expected to enter into its 10th year of […]
Jan 10 AUD/USD defends US dollar-led bounce off AUD/USD begins the second trading week of 2022 without surprises, keeping Friday’s rebound from a nearly two-week bottom around 0.7180 during early Monday morning in Asia. Stabilization is progressing The stabilization of economic indicators is progressing in January 2022. At 14.9 points, the overall index for the […]
Losing money to scammers is a common phenomenon nowadays. With the fastest growth of the internet and social media, this fraudulence has got a boost. These scammers would make you fall into their trap by showing appealing advertisements with extravagant lifestyles and shenanigans.If you’ve been a victim of forex fraud, you’re probably wondering how to […]
If you’ve been following the trading market then you must’ve been following the terms of day trading and swing trading. Though they act the same, there are some differences in why they are used differently. Both Trading styles can get you profits but they also depend on the available capital. In this article, we’ll be […]
Beginner traders do everything they can to stay true to the fundamentals and follow every rule, tips, and piece of advice they come across while beginning to trade. However, as traders gain expertise, they begin to wander away from the basic trading guidelines that helped them succeed early in their trading careers and return to […]
The forex market closely follows a few key news, events, and announcements. Many major news, events, and announcements are keenly followed by the currency market. These variables have a significant impact on market movement and behavior. As a result, it’s essential to understand which releases will have the greatest influence and volatility in order to […]
The relative strength index(RSI) is usually used to detect when a market is overbought and oversold. The RSI can be used to develop an intraday forex trading strategy that capitalizes on evidence that a market is overextended and therefore likely to retrace. The RSI is a commonly used technical indicator that identifies overbought conditions when […]
