We’re going to look today at what moves forex prices higher what’s moves forex prices lower we’re going to begin very generally and then just gradually move into slightly more specific areas so to start let’s talk about supply and demand. How that can affect a currency so let’s look at this one way to…
XAUUSD/GOLD SELL @1506.61 OR CMP TAKE PROFIT 1 1496.00 TAKE PROFIT 2 1475.00 STOP LOSS 1526.00 BEST OF LUCK SHARE TO OTHER’S BOTH TAKE PROFIT HIT 1496.00 AND 1475.00 SHARE TO OTHER’S MUST READ :7 Benefits of Forex Trading-Forex Factory Signals
The basics of forex and that is trading with leverage or what we call trading on margin so let’s take a closer look now at trading margin trading way to leverage okay so in our rundown of the benefits of trading forex the first item then is leverage leverage allows control of a large value…
What I consider to be the majors but I should point out that there is no definitive list of the major currency pairs some people say that there should be a seventh pair on the list which is New Zealand dollar against the US dollar and indeed as you’ll see when we look in trading…
We had said economic data ahead of Wednesday’s Fed decision wasn’t going to mean all that much and this proved to be the case with all of the positive US dollar momentum from a solid round of the u.s. GDP data fizzling out after the Fed chair said the central bank wasn’t thinking of raising…
NZDJPY BUY @69.18 OR CMP TAKE PROFIT 70.20 STOP LOSS 68.65 BEST OF LUCK SHARE TO OTHER’S
Wednesday’s calendar is quite active though at the same time market participants won’t be wanting to get too aggressive to any releases on the economic calendar with the Fed decision hanging in the balance some of the notable standouts on the calendar today include German unemployment rate updates eurozone confidence and sentiment reads eurozone consumer…
NZDUSD BUY @0.6335 OR CMP TAKE PROFIT 0.6570 STOP LOSS 0.6230 BEST OF LUCK SHARE TO TOHER’S
Previous Article and introduction to the forex markets we looked at an example of the Euro against the British Pound exchange rate in this Article we’re going to look at a different currency pair we’re going to look at the Euro against the US dollar and use that as our starting point to explore a…
We looked at some trading examples of going long a Forex pair and going short what you also need to take into account when you’re trading the Forex position is the cost of holding the positions what we’re going to do is going to start off by looking at the pound against the US dollar…
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