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Forex Education
Japanese Yen spikes lower as the Bank of Japan keeps policy settings unchangedAbsence of clear, strong FX intervention warning may have triggered Yen selloffUSD/JPY probing above key 145.00 threshold but struggling to follow-through The Japanese Yen spiked lower, with the benchmark USD/JPY exchange rate probing above the closely watched 145.00 figure, after the Bank of...
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Forex Education
Familiarize yourself with the most basic concepts of the forex market: short selling, forex spreads, and the best forex spread trading strategies. 1How to Short Forex: Short Selling Currency ExplainedFind out how short selling is used in a down trending market or to hedge currency exposure.2What Does a Forex Spread Tell Traders?Improve your knowledge of...
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forex education
The New Zealand Dollar plunged against the US Dollar on Tuesday as NZD/USD sank 2.22%. That was the worst single-day performance since March 2020. What caused such a dramatic reversal after a few days of cautious gains? It was August’s US CPI report. The headline rate of inflation clocked in at 8.3% y/y versus 8.1%...
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Piercing Candlestick Pattern
Piercing pattern is a multiple candlestick chart pattern formed after a downtrend indicating a bullish reversal. Two candles form it, the first candle being a bearish candle which indicates the continuation of the downtrend. The second candle is a bullish candle that opens the gap down but closes more than 50% of the real body...
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Capital Varsity
A good Forex Education is developed with successful traders knowledge and experience. In spite of the fact that exchanging forex looks simple from an external perspective there are various terms and procedures that should be figured out how to exchange in a productive way. Absence of forex instruction is one of the most well-known purposes...
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