With an allround knowledge of the financial markets, I've covered European and American markets for years - providing detailed technical and fundamental analysis of the forex markets.
As a trader, you would know that the horizontal levels are imperative in the Forex market. By joining these levels with the price action strategies, you would have an efficient and simple strategy to do Forex trading.
Currency markets are seeing an increasing number of net long positions on the greenback. With multiple Fed rate hikes in the pipeline for 2017, major pairs featuring the USD are going to strengthen over the short-term.
Before choosing a resource to invest with an investor needs to look at how prices are trending across the markets to comprehend exactly how their assets are behaving under market conditions.
The US dollar has whipsawed of late. It hit a 1-year low in early May 2016, and then it rebounded with strong gains against the Japanese yen in the second week of the month.
Most of the brokers offer MetaTrader 4, but is it still the most useful platform? Let's take a look at the trading software that will surprise the FX market in 2016.
When trading forex, one common tool that traders often use for technical analysis are Bollinger Bands. These are technical charts that are based on a statistical measurement called standard deviation, which allows traders to observe trends in the market.
The issue of workplace pensions has been in the spotlight for a number of years, and in more recent times new reforms have raised the profile of pensions still further.
The Fibonacci Retracement levels is a technical study that shows specific levels where the price may return to and that could act as support or resistance.
The breakout and pullback pattern is when the price breaks a support or resistance and pulls back to the same level to continue in the direction of the breakout.
