Manufacturing announcements report on how much manufacturing activity is taking place within an economy. Manufacturing is one of the most ….
Category: Education
Forex Trading Tips – Read and Using Support Resistance
The two very widely known terms when it comes to trading any type of financial instruments are Support and Resistance. ….
Interest Rate Announcement – Forex Calendar
The interest-rate announcement specifies the short-term target rate that the central bank will try to maintain in the future. Interest ….
Housing Report – Economic Indicators
Housing announcements report on how healthy the housing sector of the economy is. Because such a large amount of the ….
Trading Tips Using Trend Lines
When it comes to the price movement of any financial instrument, there are only three possible directions a price can ….
Job Announcement – Forex Calendar
Employment announcements report on the number of new jobs that have been created in an economy and the percentage of ….
Inflation Announcement – Forex Calendar
Inflation announcements report on how quickly or slowly the general price level in the economy is rising. Monitoring inflation is ….
Balance of Payments Theory – Forex Calendar
This concept of a currency getting stronger when the country has trade surplus and getting weaker when it has a trade deficit ….
Economic News Calendar Announcement Drive Fundamental Outlooks
Forex traders keep a close watch on the economic calendar because they know that economic announcements provide the data that analysts and ….
Gross Domestic Product (GDP) – Forex Calendar
Economic growth announcements report on how well a country’s economy is doing. Economies can move in one of three directions: ….
Trade Balance Report – Forex Calendar
Trade balance announcements report on how much a country is exporting compared to how much it is importing. Countries that ….
Trading Tips Using Bollinger Bands Indicator
Bollinger bands are one of the most prominent indicators implemented by traders today. In this blog, we will first understand ….
Consumer Confidence Report – Forex Calendar
Consumer confidence announcements report on how confident the consumers within an economy are. Confident consumers tend to spend more because ….
Business Confidence Report – Forex Economic Calendar
Business confidence announcements report on how confident the business managers within an economy are. Confident business managers tend to hire ….
Analyzing Price Action Trading
Price action trading is a popular approach that focuses on analyzing the movements of prices on a chart to make ….
Classification of Technical Indicators: A Forex Trader’s Guide
Technical indicators are essential tools that help forex traders make sense of price movements and market trends. By analyzing charts, ….
What Does Your Economy Import?
Why do we care what goods or services a country imports? We care because if we know the primary goods and ….
Which Investment Vehicles Are Best For You in Forex?
Why is it important to know which investment vehicles are available for a given currency? We care because we are ….
How Using the Rising Wedge Pattern in Forex Trading?
The rising wedge is a well-known reversal pattern often used by traders to predict future price movements. It provides insight ….
What Are The Central Bank Mandates?
Why do we care about a country’s central bank, its mandates, and its gold and foreign currency reserve holdings? We care ….
The Role of Central Bank in The Foreign Exchange Market
Central banks do not like uncertainty or unusual levels of volatility in the Forex market. It is much harder to maintain ….
