Technical Analysis Technical analysis is the method of evaluating traded products by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts believe that the price contains all…
Category: Forex Knowledge
Understanding Currency Pairs
The Majors Most currency transactions involve the ‘Majors’, consisting of the British Pound (GBP), Euro (EUR), Japanese Yen (JPY), Swiss Franc (CHF) and the US Dollar (USD). Whilst these are the key…
Understanding Forex Pricing
The Spread Forex prices are displayed in the form of a Bid/Ask spread. The spread is the difference between the Bid and the Ask. The Bid and Ask serve as the prices…
How can I trade Forex?
Private investors or individuals are often referred to as Retail Forex Traders. Retail Forex traders, or speculators, commonly access the off-exchange retail foreign currency market (or Forex market) via a Forex broker….
Who trades Forex
In the early part, the Forex market was used by institutional investors that transacted large amounts for commercial and investment purposes. Today however, importers and exporters, international portfolio managers, multinational corporations, speculators,…
What Is Forex
The foreign exchange or ‘Forex Market’ is the world’s largest financial market. It is a non-stop cash market where currencies of nations are traded off-exchange through brokers. It is estimated that, on…