The invention of technical analysis is attributed mainly to Charles Dow, co-founder of the Wall Street Journal. Rather than examining an organization’s elements, for instance,…
What is Currency Appreciation?
Currency appreciation refers to the increase in value of a currency in comparison with additional currencies available in the forex market. When a currency appreciates,…
Significance of Standard Deviation in Forex Trading
Standard deviation in forex trading is a mathematical variable used to measure the dispersion ratio of the trading price ratios from the mean or the…
How to Use Fibonacci Retracement in Forex Trading
In forex traders, traders use the Fibonacci retracement strategy to find the perfect points to place stop-loss and profit orders in a market entry. When…
The Moving Average, Awesome Forex Trading Technique
There are a myriad of Forex trading techniques that influence the foreign exchange practice. The technique makes it possible for online traders to perform trading…