Monday morning open levels – indicative forex prices – 23 January 2023
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week! On a Monday morning, market liquidity Read this Term is very thin until it improves as more Asian centres come online. This Monday is a little different of course as many Asia centres are out today […]
how to use fundamental analysis in forex – Analytics & Forecasts – 22 January 2023
Those trading in the foreign exchange market (forex) rely on the same two basic forms of analysis that are used in the stock market: fundamental analysis and technical analysis. The uses of technical analysis in forex are much the same: the price is assumed to reflect all news, and the charts are the objects of analysis. But unlike […]
Waller breaks down a wall and other technical walls are also broken. What next in Forex?
Fed’s Waller was the last Fed official to speak before the blackout period for the Fed ahead of their interest rate decision. In his question and answer he broke down a wall that other Fed officials have been reluctant to do and it led to some added optimism in the US stock market to close […]
Forex and Cryptocurrencies Forecast for January 23 – 27, 2023 – Analytics & Forecasts – 21 January 2023
EUR/USD: The Calm Before the Storm ● ● The DXY Dollar Index (the ratio of the USD to a basket of six other major foreign currencies) has been moving in a fairly narrow sideways channel since January 12. A small surge in volatility was caused by the publication of data on retail sales in the […]
Forex Day Trading Guide for Beginners: Strategies, Risks, Rules and Tips
2023.01.20 2023.01.20 Day trading guide for beginners Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Day trading strategies are also referred to as intraday forex trading. It means opening and closing position within one day. Timeframes from M30 to H4 are used in these strategies to analyze the Forex market, although the most common timeframe is H1. Other intervals can be […]
WEF Davos and the Forex Market: Insights for Potential Gains in Q1
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Envelope Momentum Forex Trading Strategy
Trend reversal and trend following strategies are very popular among many traders. This is because traders are often attracted to charts that are moving in one direction, either from the bottom left of the chart to the upper right corner of the chart, or from the upper left corner of the chart to the bottom […]
What is Forex Hedging: Hedging Forex strategies complete Guide & FAQ
2023.01.18 2023.01.18 What is Hedging in Forex? Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ Dear friends! Today I will deal with Forex hedging techniques. This risk management strategy in Forex trading is first of all an instrument to reduce or remove the risks associated with making financial transactions. Besides, some forex traders managed to transform the idea of this method […]
What is Forex Compounding Calculator | How to Use Profit Calculator
2023.01.17 2023.01.17 What is a Forex Compounding calculator? How to use it and why is it important? Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ One of the most frequently asked questions in Forex is the reinvestment policy. If, for example, interest on deposits is paid after a fixed period, then the profit amount is known after each Forex transaction. What […]
Forex Open and Closed Positions – What Does it Mean
2023.01.17 2023.01.17 What do open and closed positions mean in Forex trading? Artem Shashkovhttps://www.litefinance.org/blog/authors/artem-shashkov/ Any Forex transaction implies a period of time. The period begins when you open position – you either buy a currency pair when the exchange rate should increase or sell it, expecting the price to fall. Closing a position is the […]