Currency Strength Analysis for Better Forex Trades on SmartTrader
Reading the strength of a currency can be a useful tool for Forex traders. It can help them predict which direction a currency will move in the future. In this article, we discuss how to analyze currency strength on your SmartTrader trading platform. Tad DeVan is a Senior Forex Analyst for Market Traders Institute and […]
Technical Analysis in Forex
Technical analysis is the study of price movements without regard for the reasons behind them, with the expectation that recent price movements will continue and thus offer you a profit opportunity. In technical analysis, indicators on a chart are the central decision-making tool. Some facts about technical analysis: What we called technical analysis today was […]
EUR USD, A TREND REVERSAL OR A CORRECTION IN BULL RUN? – Forex Trading Analysis
Eur usd Eur usd touched nearly 1.20000 recently and very quickly returned to 1.18800. This quick move created a doubt in trader’s mind, if it is a beginning of trend reversal or just a correction in the bull run? If we look at the price action at first glance it looks like a correction and […]
Technical Analysis in Forex
Technical analysis is the study of price movements without regard for the reasons behind them, with the expectation that recent price movements will continue and thus offer you a profit opportunity. In technical analysis, indicators on a chart are the central decision-making tool. Some facts about technical analysis: What we called technical analysis today was […]
LATEST FORMATION ON USD JPY CHART – Forex Trading Analysis
Usd jpy Usd Jpy is trading in a range bound manner for more than a month. Price was hovering between 107.000 and 105.500. Yesterday the pair broke it’s silence and the price is now trading below it’s familiar level of 105.500. Now what is the fate of the pair now is a big question. As […]
Is Accenture (ACN) stock a buy ahead of next week’s earnings?
[ad_1] Accenture plc (NYSE: ACN) has gained significant market share over the years and is thriving on continued demand across industries and markets. The professional service company made a quick recovery after suffering a slowdown in the early days of the pandemic when enterprises reduced IT spending in response to the widespread business disruption. Fair […]
Altria (MO): A few points to keep in mind if you are considering this tobacco giant
[ad_1] Shares of Altria Group Inc. (NYSE: MO) were down on Wednesday. The stock has dropped 11% year-to-date and 15% over the past 12 months. There is a mixed sentiment surrounding the stock in general. Even though a challenging operating environment and losses on investments have cast a shadow on the company’s prospects, there are […]
Oracle Stock: ORCL is worth adding to your portfolio. Here’s why
The transformation of Oracle Corporation (NYSE: ORCL) from a software firm into a diversified cloud solutions provider accelerated in recent years aided by the mass adoption of digital technology across industries. While overcoming the slowdown in its legacy business, the new model enabled the company to become an industry leader with cloud-powered AI and machine-learning […]