It is a fact that the US is the largest economy in the world, and the UK is the fifth largest economy. The British Pound Sterling is also one of the most popular currencies in the world, as it is the third most traded currency. So if you'd love to trade GBP/USD or at least read about the GBP USD trading strategy, it is time to read our guide!
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The Wedge Figure in Forex Trading
1:24 PM
Nov 19, 2020
10328
Today we'll talk about the Wedge. Visually, the figure resembles a triangle. However, this pattern produces clearer signals. During the formation of the triangle, you have to wait for the breakout of one of the triangle sides in order to determine the further price movement. The wedge gives a clear reversal signal.
The best Forex exotic pairs to trade
6:10 AM
Jul 10, 2020
9350
Understanding currency pairs is one of the most essential elements in Forex trading. As you know, there are a bunch of various currency pairs like minors, majors, and exotics. In this article, we will share a list of the most popular exotic pairs, and find out what makes exotic currency pairs so attractive for traders.
What Everybody Ought to Know About Current Situation on Forex
9:27 AM
Apr 24, 2020
8406
Like any other type of market, Forex is cyclical. Periods of growth are followed by periods of decline. The same goes for volatility levels. The market has been rather slow in the past few years. However, against the backdrop of recent events in the world, the situation has changed and the volatility on the Forex began to increase sharply. And such growth will be observed, according to some assumptions, the next couple of years.
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