What is Trend Reversal and Retracement
Every trader is in the situation when they need to decide whether a decline or rise in the price of particular derivative is for long term or for short term.
Technical Indicators in Forex
The Technical indicators are the mathematical tools that are used to analyze the market movements including the figures open price, High, Low, closing price, and the volume.
Forex Pivot Point in Trading
The pivot points are most widely used Technical Indicators in Day Trading. The Pivot Point will indicate that the support and the resistance levels.
Technical Analysis on Gold & Silver
Technical Analysis on Gold & Silver Gold Price Bounce Back Towards at Level $1910 by Growing COVID-19 Cases The XAU/USD price bounce off to the daily lows at the level of $1902 that fights to the bulls back to control the amide sell-off in the US treasury yields that triggered the coronavirus to the risk […]
S&P500 Goes Near to Key Infection Point Due to US Presidential Election
S&P500 Goes Near to Key Infection Point Due to US Presidential Election It is the official one week left for the US presidential Election voters the ballots amid due to the coronavirus and also has the concern with public safety. If we have look at the early indicators shown that the record of the […]
What are Support and Resistance Level?
Support and the Resistance level of one of the most important terms to understand the chart pattern in Forex Trading.
Different Types of Trend Lines
The trend line is one of the most important terms used in the Technical analysis of Forex trading. There are three types of trends as given below.
Different Types of Forex Charts
The chart is basically used to show the display visual mode of the currency price. There are three main charts used in the Forex Market they are as given below.
What is Technical Analysis?
The Technical Analysis is the term that evaluates the trade by analyzing the price action of the currency pair in order to identify the patterns to observe the market movements.
US Stock Seems Stimulus Uncertainty and Set to Open Lower on Virus
US Stock Seems Stimulus Uncertainty and Set to Open Lower on Virus The S&P 500 futures are losing the ground in premarket trading as the traders are worried about increasing the number of coronavirus cases in the United States. The second wave of the coronavirus is already very strong in Europe. Yesterday France reported […]
When the Forex Market Opens?
Forex is the 24 Hours Open market on 5 business days. The forex market will be open according to the different sessions.
GBP, EUR, and USD in Spotlight Due to US Politics and COVID-19
GBP, EUR, and USD in Spotlight Due to US Politics and COVID-19 If we have a look at the economic data from the lighter side the Brexit COVID-19 and the US politics were seems as the Key Drivers. It was the quiet day on the week to the economic calendar the Brexit and the […]
US Politics Keeps Goes the Market Busy Due to COVID-19 and Private Sector PMI’s
US Politics Keeps Goes the Market Busy Due to COVID-19 and Private Sector PMI’s The Economic data is the US presidential debate the Capitol and the COVID-19 to be in the focus throughout the day. If we have a look at the economic calendar it was a busier start to the day. We can […]
What is Traded in Forex?
As there is no materialistic item involved this type of trading can be a little confusing for traders at first. Forex trading is basically like buying stocks of a company.
Bitcoin Price Clear the Path and Rose to the Level $13,000
Bitcoin Price Clear the Path and Rose to the Level $13,000 Bitcoin Price of the bulls has been the full control of the market to the price at the level of $11,340 to $12,835. The cryptocurrency had the largest to the single day that put the gain. The MACD shows the increasing the bullish […]
US Presidential Election Expected to Put Positive Effect on Commodities
US Presidential Election Expected to Put Positive Effect on Commodities As we all know that the US Presidential Elections are approaching this November in which the US citizens vote and choose the President Most of the likely outcome that is Biden wins the presidency which results is set the benefit to the commodity markets […]
Technical Analysis on Gold & Silver
Technical Analysis on Gold and Silver Gold Price Goes Upside at Level $1939 as US Stimulus Hope The Gold price is finally extending the control above at the level of $1900 that optimizes over the US fiscal stimulus. The US dollar seemed on the risk to the market mood after the US house Speaker […]
S&P 500 Futures Goes to Level Mid-3,400s Due to US aid Package Talks
S&P 500 Futures Goes to Level Mid-3,400s Due to US aid Package Talks S&P 500 Futures ease from the intraday high around the level at 3,450 to 3,446 during early Wednesday. All things being equal, the risk gauge prints a 0.40% addition on a day while supporting advancement over the US (COVID-19) improvement talks. […]