In this article, we’ll explore how to effectively trade using Forex candles on your MT4 charts. Candlestick patterns are a vital part of technical analysis and often signal turning points or reversals in the Forex market. In this guide, we’ll …
In Forex trading, charts are essential for determining market direction and identifying potential buying or selling opportunities. By examining price movements on various timeframes, traders can make informed decisions on when to enter or exit the market. There are three …
After analysing economic data releases and central bank decisions, one final aspect of fundamental analysis must be considered: event risk. Unlike predictable market drivers, event risk refers to unpredictable news or developments that can move markets unexpectedly. News Headlines Headlines …
Central banks play a pivotal role in influencing economic conditions through their monetary policy decisions. Traders and businesses closely follow these decisions as they can directly affect market prices, interest rates, and overall economic stability. A central bank’s stance on …
In the world of trading, reacting to news quickly and effectively can be the key to success. One of the most impactful sources of market movement comes from economic data releases, which provide valuable insights into the health of economies …
Fundamental analysis is crucial to understanding market movements and making informed trading decisions. Whether you’re a beginner or an experienced trader, mastering the basics of fundamental analysis can give you an edge in predicting price movements across various markets, including …