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Currency Trends
There are essentially three types of trends, the uptrend, the downtrend, the ranging trend and trends are used by traders to identify entry and exit trades.
Introduction:
A trend helps traders to predict where the price action is going. This enables the forex trader to enter a trade early... More >>
Expanding Currency Knowledge > Currency Trends
The European trading session centered on London is unique as it overlaps with the Asian trading session in the morning and the American trading session in the afternoon.
As the Asian session winds down so the major centers in Europe are starting their trading day. Of the various financial cen... More >>
Expanding Currency Knowledge > Currency Trends
The American trading session is the most active and volatile session because important economic data is released usually at the beginning of the session.
Forex trading is one of the most popular forms of investments that investors engage in these days as the forex market is the most liquid ma... More >>
Expanding Currency Knowledge > Currency Trends
The Asian trading session is centered in Tokyo but spans many countries and covers the hours of 11pm and 8am GMT
Forex trading is one of the most popular forms of investments that investors can engage in these days. One of the main reasons why people love trading forex is because it allows th... More >>
Expanding Currency Knowledge > Currency Trends
The commodity currencies are those currencies which are strongly correlated to commodities such as oil and the precious metals.
Commodity currency pairs are currencies that are closely matched with commodities, specifically hard commodities such as precious metals. The textbook examples are t... More >>
Expanding Currency Knowledge > Currency Trends
The GBP/JPY pair is so volatile that it is wise to follow its chart for a month before deciding on a trade and then choose to trade the GBP/USD and USD/JPY.
The GBP is the base currency of the GBP/JPY currency pair and the JPY is the counter currency. The GBP/JPY rate is actually a evaluation... More >>
Expanding Currency Knowledge > Currency Trends
Each of the major currency pairs has a personality which is unique to that particular pair and includes correlations, bid/offer spread and volatility.
The seven major currency pairs which are classed as the most liquid traded pairs also include the pairs which are known as the commodity pairs... More >>
Expanding Currency Knowledge > Currency Trends
This is a brief look at how to trade the USD/JPY.
The USD/JPY is the third most traded currency pair in the forex market. This pair is the marriage of the US Dollar, the world’s trade currency and the Japanese Yen.
Japan is a major world trade partner of the United States and... More >>
Expanding Currency Knowledge > Currency Trends
The NZD is the abbreviation of the New Zealand Dollar and the USD the United States Dollar and as with the Australian dollar it is driven by commodities as well as having a positive correlation with the Australian dollar.
As we approach the end of the year the EUR/USD rate has been affected b... More >>
Expanding Currency Knowledge > Currency Trends
The value of the GBP against the JPY is dependent on several economic factors that affect both countries at the same time.
The GBP is the abbreviation of the Great British Pound Sterling (GBP), and is the official currency of the United Kingdom. The JPY is the abbreviation of the Japanese Yen... More >>
Expanding Currency Knowledge > Currency Trends
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