Category: Forex Trading
The analysis published under this category are as follows.
Friday, November 08, 2024
Is Forex Worth It? / Currencies / Forex Trading
By: Submissions
The forex market is the largest and most liquid financial market in the world, attracting millions of traders who seek to profit from the fluctuations in currency exchange rates. But with all the risks and complexities involved, many people ask: Is forex trading worth it? In this article, we’ll explore the potential benefits and risks of forex trading and how brokers like FXRoad.com can enhance the trading experience.
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Friday, August 23, 2024
EUR/USD Update: Strong Uptrend and Key Levels to Watch / Currencies / Forex Trading
By: Submissions
The EUR/USD currency pair has continued its upward movement, rising from 1.0777 to a high of 1.1132 and successfully breaking above the 1.1100 resistance level. This strong performance suggests that further gains are possible, although a minor consolidation may occur first, with the next target around 1.1200.
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Sunday, January 07, 2024
Unlocking the Potential: Exploring the Benefits of USDT in Forex Trading / Currencies / Forex Trading
By: S_N_Chatterjee
For traders looking for safety and efficiency in their transactions, USDT (Tether) has emerged as a popular choice in the volatile world of forex trading, where stablecoins have gained substantial support. In this post, we'll look at the benefits of using USDT in FX trading: its ability to provide cheap and quick international money transfers within the decentralized blockchain ecosystem.
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Monday, July 24, 2023
Beneficiaries of US Dollar Weakness / Currencies / Forex Trading
By: Richard_Mills
On July 9 the US dollar index (DXY) slipped under 100 for the first time since April 3, 2022, with cooling US inflation data released on July 12 maintaining the trend of a weaker greenback against a basket of other trade partner currencies.
As of July 14, the dollar was down nearly 13% from last year’s two-decade high and was its lowest level in 15 months. According to Reuters, the softer-than-expected inflation print supports views that the Federal Reserve is nearing the end of its interest rate-hiking cycle.
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Tuesday, May 09, 2023
What Should Forex Traders Know About the Ross Hook Pattern? / Currencies / Forex Trading
By: Sumeet_Manhas
Trading experts note the great rivalry level in the global FX market nowadays. Specialists explain such a situation because of the intensive development of this investment sector. Reuters analysts state that the specified trading branch increased by 14% from 2019 to 2022. Intense rivalry forces investors to seek effective ways to make deals. And skilled traders consider the Ross Hook pattern one of today's most efficient trading strategies.
Specialists claim that the RH tactic only gives great results if you cooperate with trustworthy brokers (for instance, FBS), though. That's because unchecked brokerage sites often freeze and lag. That's especially true for peak hours. In this case, you can't make deals exactly at the right time. As a result, investors sell assets at lower prices or even have losses. And now, let's view the primary features of the RH strategy.
Monday, March 06, 2023
Using Forex Trading Charts for Trend Analysis & Predictive Trading / Currencies / Forex Trading
By: Boris_Dzhingarov
The foreign exchange, or forex, market is the largest financial market in the world. Traders in the forex market use various tools to analyse trends and make informed trading decisions. One of the most valuable tools for forex traders is the trading chart, which enables traders to track market movements and identify potential trading opportunities.
This article will explore how forex trading charts can be used for trend analysis and predictive trading. If you’re looking for a way to level up your forex trading game, why not use the tradingview platform?
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Friday, January 06, 2023
The Role of AI in Forex Trading / Currencies / Forex Trading
By: Boris_Dzhingarov
According to estimates, the global forex market is worth $2.409 quadrillion, while some $6.6 trillion is traded each day across three separate trading session.
These figures have increased markedly since 2016, thanks to the rise of automated trading and the deployment of artificial intelligence (AI) to help minimise risk and optimise returns over time.
But what exactly is AI, and how has it helped to change the world of forex trading over the course of the last decade or so?
Wednesday, December 14, 2022
Is Forex Worth It? / Currencies / Forex Trading
By: Submissions
The answer to the question depends on who you ask! For instance, someone with a sound plan and risk management plan will find forex trading worthwhile. Someone who has attempted to invest money through Forex trading and did not avail what he expected, he might respond that it is not worthwhile.
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Monday, May 02, 2022
Online Forex Trading for Beginners / Currencies / Forex Trading
By: Submissions
Introduction
The currency market is a highly traded financial market, with around $6 trillion in transactions on a daily basis. The market is a massive trading place globally with buying and selling of different currency pairs.
However, this massive trading makes it risky and complex for traders to make money from it. The price fluctuations, impacts of policies, and interbank regulations all make it hard for one to earn. Even the market is unregulated in some parts of the world.
Therefore, to support the forex market beginners here, we have how traders could execute online forex trading to have a handful of profits.
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Thursday, April 28, 2022
Online Forex Trading for professionals / Currencies / Forex Trading
By: Submission
Introduction
To become a professional in forex trading, one has to learn the basics of the trade. This needs to sharpen trading skills with the best online books, blogs or courses.
The forex market has high earning potential with low capital to trade. Traders can easily invest their funds in the market and monitor it 24 hours. A strong market that attracts millions of traders daily.
Many wish to be part of this trading market to increase their earnings and be full time professional traders. In case to start your trading journey immediate visit trading platform – IronFX. Legit broker, without any IronFX scam operations.
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Monday, February 28, 2022
IronFX Review 2022: How can I withdraw my profits? / Currencies / Forex Trading
By: Submissions
Here is the review of a forex brokerage firm IronFX. In this review, we will cover the most common queries from the people and try our best to provide you the genuine information about this broker.
Before choosing a broker, a client or a trader struggling to find the answer to multiple questions like Is the broker a scam or not? What is the trading fee or commission charged by the broker? Is the broker capable of providing trading opportunities in various asset classes like crypto and commodities?
You will get answers to all these questions in this article, and by the end, you can easily decide whether you choose the broker IronFX or not?
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Tuesday, September 14, 2021
The CashFX TAP Platform - Catering to Bull Investors and Bear Investors Alike / Currencies / Forex Trading
By: Sumeet_Manhas
The Cash Forex Group (CashFX) provides diverse and multilevel forex trading opportunities for a broad base of aspiring investors through its Trading Academy Pack (TAP) program.Anyone interested in forex trading can learn key operational strategies and develop invaluable industry skills by enrolling in CashFX’s TAP program. Rather than jumping into the world of forex trading with limited knowledge and understanding, TAP allows its participants to benefit from CashFX’s extensive team of seasoned and successful trading experts. Highly beneficial to individuals of all experience levels, TAP offers everything from basic forex introductions to advanced trading lessons.
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Sunday, August 08, 2021
World Trade – Currency Movements in the Near Future / Currencies / Forex Trading
By: Russell_Fenton
Nowadays, when talking about world trade and currency movements, there’s more than the actual currency that we have to take into account. Naturally, we have to keep in mind that cryptos are also currencies now – and they shouldn’t be ignored!
Certain countries, cities, and industries now accept crypto payments, and the very CEO of Tesla claimed that people will be able to pay for their Tesla cars with Bitcoin in the future. In short, you can now see why forex brokers decided to implement more than just currencies into the pool of trading instruments that they have available for their clients.
Let’s take a look at the potential currency movements that we might experience in the near future!
Wednesday, August 04, 2021
Is Wise Really The King of Online Money Transfer Services? / Personal_Finance / Forex Trading
By: Boris_Dzhingarov
Wise, formerly known as Transferwise, has generated tremendous success and hype over the past 10 years in the online foreign exchange transfer industry. Granted, the company is one of many that offer consumers a nearly identical service of transferring funds from one currency to another.
But what separates Wise from so many UK currency brokers is the fact that its two co-founders scaled a solution to a personal problem to become an industry titan.
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Friday, July 23, 2021
Best Forex Strategy for Consistent Profits / Currencies / Forex Trading
By: Submissions
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Thursday, July 22, 2021
Popular Forex Brokers That You Might Want to Check Out / Currencies / Forex Trading
By: Steve_Barker
Investing in Forex opens up a lot of opportunities for beginners since the investment is minimal. Nevertheless, one thing you need to consider is which broker you will use. This is not as simple as it sounds because of various factors such as regulation, currency, and more that you must think about before settling on one.
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Friday, April 23, 2021
Amazing Steps to avoid the common mistakes / Currencies / Forex Trading
By: Russell_Fenton
Currency trading is a very delicate profession and it requires strong devotion. Avoid repeating the mistakes as it can create huge problems. Proper preparation will help the investor to make the right decision. In this zone, if you cannot deal with the phases properly, you will face difficulties to get good outcomes. Traders need to determine the circumstances of the market so that they can ply the right techniques. There are some steps of avoiding errors that are being represented here.
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Monday, March 29, 2021
4 Best Forex Broker Trading Platform Beginners Should Choose / Currencies / Forex Trading
By: Russell_Fenton
The forex market is the largest and hottest market right now as it is open 24 hours a day and five days a week. The way forex works is that you speculate whether one currency pair like EUR is going to go up or down against another currency pair like a US Dollar. However, forex trading gets more complicated once you get down to it. If you are new to the market, you have to keep a few things in mind to help you gain an edge.
On top of learning to trade against the best currency pairs, you must know how to choose from the best Forex brokers. In this article, I am going to highlight the four best forex brokers platforms for beginners so that you know where to start.
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Monday, January 18, 2021
Some Basic Facts About Forex Trading / Currencies / Forex Trading
By: Sumeet_Manhas
There are some interesting facts that you may not have heard before about currency market and forex trading.
Forex or FX is short for the foreign exchange market. It is a global currency market where one can exchange national currencies against each other. For example, if you have a $100, you can exchange it to EUR, GBP, or just about any other currency based on the rates of the exchange.
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Thursday, January 14, 2021
Are you a Forex trader who needs a bank account? We have the solution! / Currencies / Forex Trading
By: Boris_Dzhingarov
International banking is becoming increasingly difficult as time goes on.
High-net-worth individuals who have earned their money through hard work, and investors seeking to secure assets and do business freely, are having a difficult time.
The options are even more limited for midsize investors. And this is especially true if you are a Forex trader.
Also, if you have made your money trading Forex, it is particularly difficult to open a Forex compatible bank account that is multi-currency and allows you to handle your core trades with ease.
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