Day trading has attracted a lot of attention in the fast-paced world of financial markets as a method that could potentially achieve substantial returns in a short amount of time. Being your own boss, being able to make quick decisions,…
Oanda Broker: What Does It Mean? Oanda is a global online brokerage platform that provides clients with access to a wide variety of foreign exchange (FX), contract for difference (CFD), and commodity trading services. It began operations in 1997 and…
What is day trading? Buying and selling financial instruments, such as stocks, currencies, or commodities, within the same trading day is the objective of the trading strategy known as day trading. Day traders, as opposed to long-term investors who hold…
Since May 3, the EUR/USD pair has been retracing, with constant and unrelenting falls that have broken technical support levels such as 1.10, 1.0950, 1.0900, and 1.0880 (today). These were previously thought to be strong support levels, but in the…
After falling to its lowest point in a month at 1.0900, the euro-dollar is seeking to mount a technical corrective. The market’s more positive outlook in the European morning is assisting in containing losses, and risk perception may continue to…
The Relative Strength Index (RSI) is a popular technical indicator used in trading to measure the strength of a security’s price action. The RSI is a momentum oscillator that measures the speed and change of price movements. It was developed…
After yesterday’s erratic trading session, when the precious metal briefly surpassed $2050 before undergoing a severe sell-off and finishing in the red, gold prices have stabilized. Gold lost more ground this morning as the Dollar Index (DXY) hit a brand-new…
Introduction One of the most used trading tools is the candlestick pattern. These patterns’ strength is used by millions of financial experts to spot market momentum, trends, and reversals. Trading opportunities can be found and profited from more easily if…
Entry orders and forex trading go hand in hand. Utilizing these types of orders enables traders to gain an edge over the market. Entry orders enable traders to create a set-and-forget mindset and allows for more efficient execution and more…
Brazil and China have joined forces in a groundbreaking move that is sure to shake up the international trading sphere – the two nations have just signed an agreement to stop using the US Dollar and instead use China’s RMB…