The Producer price index or PPI is a monthly report published by the Bureau of Labor and Statistics that tracks changes in the selling prices, or wholesale prices, received by domestic producers. Although the PPI is not as widely used as the CPI, it...
A reversal technical pattern refers to a specific chart pattern in technical analysis that indicates a potential reversal in the prevailing trend of a financial instrument. Traders and investors use these patterns to identify potential entry or exit...
The major currency pairs are generally regarded as the least volatile because they have historically been the most traded currencies among traders.
A safe-haven asset is a financial instrument that is expected to hold or even increase in value during economic downturns. Because these assets are uncorrelated or negatively correlated with the overall economy, they may appreciate in the event of a...
Forex prices, or foreign exchange rates, are influenced by a myriad of factors that reflect the economic health and stability of countries, as well as market psychology and geopolitical events. Key determinants include:
Leverage is risky. If traders manage their capital well, it can be safe. Leverage does not cause great losses for traders. A trader who manages their money well will not suffer a big loss. Risk management is essential before trading at high leverage.
Algorithmic trading is one of the most secure methods of trading. Human trading is subject to numerous variables and carries a high risk of resulting in losses.
There has been an increase in the frequency of military conflicts or situations that could lead to conflict. Even markets not located in conflict areas have been affected by such events. Traders receive messages from brokers saying, "Be aware that...
It is really important to understand that there is no limit to currency trading training. If you wish to be a successful trader, you must consistently sharpen your trading skills and forex knowledge. Today you have options like the internet. It has...
Real-time charts in forex, also known as live or streaming charts, are graphical representations of currency pairs' price movements that update instantaneously as market data changes. These dynamic charts provide traders and investors with...