The MACD Histogram is an important tool for technical analysis. It is used to gauge the strength of a trend and can be used to predict future price movements. The MACD Histogram is created by subtracting the 26-day exponential moving average (EMA) from the...
The GBPUSD currency pair, often referred to as "Cable" in the financial markets, represents the exchange rate between the British Pound (GBP) and the United States Dollar (USD). It is one of the most widely traded and closely watched currency pairs in the world....
Fibonacci Retracement is a technical analysis tool that Fibonacci traders use to find potential support and resistance levels. The theory is that after a price moves in a particular direction, it will retrace or pullback to certain Fibonacci levels before continuing in the original...
No matter what your reasons are for wanting to start forex trading, you need to start by becoming familiar with the basics of this complex financial market. Here is a checklist to help you get ready:
Forex trading requires an understanding of both price...
The GBPUSD currency pair, often referred to as "Cable," is one of the most widely traded currency pairs in the foreign exchange (forex) market. It represents the exchange rate between the British Pound Sterling (GBP) and the United States Dollar (USD). In this pair,...
The xauusd is a market index for commodities. As of February 3, 2018, the xauusd was trading at 0.72457 U.S. dollars per one unit of the currency. The xauusd was created in December 2005 as a replacement for the Brazilian real, which was abandoned...
