The spread in major and minor currency pairs varies depending on market conditions and the specific currency pair being traded. Generally, major currency pairs such as EUR/USD, USD/JPY, and GBP/USD tend to have tighter spreads due to their high...
A cash market, also known as a spot market or physical market, is a market for trading financial instruments for immediate delivery. A commodity's spot price, also known as cash price, is the current quote for immediate purchase, payment, and...
Foreign exchange cents, often referred to as "pips" (percentage in point), are a crucial unit of measurement in the world of currency trading, more commonly known as forex trading. They play a significant role in understanding price movements and...
A Bullish belt hold pattern is a single-candlestick pattern that signals a potential reversal or continuation of an upward trend in financial markets, commonly seen in candlestick chart analysis. It typically occurs after a downtrend, serving as a...
Bollinger Bands are a technical analysis tool to assess market volatility and identify potential trading opportunities. Developed by John Bollinger, they consist of three lines plotted on a price chart:
When the bulls drive the price higher than the starting price, the bears push it back down before the market ends, a spinning top candlestick forms. Alternatively, when negative traders drive prices lower than the open price then optimistic traders...
Pivot Points can significantly enhance risk-reward ratios in trading by providing clear and reliable levels for decision-making. These levels central Pivot Point, support (S1, S2, S3), and resistance (R1, R2, R3) help traders precisely identify the...
As a trading partner, a Forex robot recommends and executes trades on behalf of a trader. Traders won't have to spend two, five, or eight hours a day checking the market to determine if anything is worth selling. On the other hand, a Forex robot...
Bull markets frequently occur when the economy is either developing or already robust. They are usually associated with a strong GDP and a decrease in unemployment, and they frequently coincide with an increase in corporate profits. Investor...