Experienced traders know currency forecasts may benefit them because the correct signal gives them a significant advantage in the market. However, not all exchange rate forecasts are accurate, and sometimes even top traders can be wrong. So let's clarify if they are reliable, what are the main types of forecasts, and where you can find them.
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Everything You Need to Know About EUR/AUD Trading
12:10 PM
Mar 16, 2021
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If you have already gained enough experience in Forex trading and are ready to expand your portfolio, then you should pay attention to the EUR/AUD pair. This instrument accounts for only 1% of the total currency market transactions and is popular mainly with Australians. However, like some other cross-currencies, there are many opportunities for really high profits.
Read Japanese Candlesticks as a Professional
12:33 PM
Oct 22, 2020
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Back to the basics of technical analysis - reading and understanding Japanese candlesticks. To have a complete idea about the topic, make sure to read our previous article. Today we will take a closer look at the psychology of the market itself. You will learn to understand the general sentiment of traders using candlesticks. This will help make more accurate predictions about future price behavior.
Features of Japanese Candlesticks Analysis
1:41 PM
Oct 21, 2020
7451
Earlier in our blog, we talked about the structure of Japanese candlesticks and the main candlestick patterns. Unfortunately, learning a few patterns might not be enough for a high-quality technical analysis. To understand and correctly predict further market behavior, you need to figure out how to analyze the Japanese candlesticks. Let's get down to it.
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