A Fiat currency (also known as Fiat Money) is a form of money that is not backed by a physical commodity like gold and silver but rather by the government that issues it. US dollar, Euro, Pound, Yen, and other major...
Tag - Forex Trading
USD Forecasts: What to Expect for the Greenback in 2022?
Accelerated QE tapering and a fast-growing economy support highly optimistic USD forecasts in 2022. Confidence in the US dollar is building up as healthy economic expansion and soaring inflation are bringing the Fed’s...
Forex vs Stocks Trading: Which is Better for Beginners?
Forex vs Stocks? Which is the most reliable way to make money faster and easier? This is the most common question that confronts today’s newer generation of investors and traders, who are selective and peculiar in...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 17th Jan 2022
Weekly Analysis on Major Pairs, Gold, Bitcoin 18th Jan – JPY – Interest Rate, Monetary Policy & Outlook Report , EUR – ZEW Economic Sentiment & USD – Empire State Manufacturing Index 19th Jan – USD – Consumer...
Gross Domestic Product (GDP): An Overview
Gross domestic product (GDP) is one of the most prominent indicators of a nation’s economic health and is probably the one that economists and investors pay close attention to. Several factors are taken into...
Forex Momentum Trading: Indicators and Strategies
Momentum trading is a common strategy that relies on price movements for opening trading positions. The momentum measures strength and velocity of price movements compared to actual price levels, and is calculated by...
Long-Term vs Short-Term Forex Trading: Which is Better?
Forex Trading is suitable for long-term and short-term investment goals. The decision to trade forex long-term vs short-term ultimately depends on you. In forex, both short-term and long-term trading come with their own...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 10th Jan 2022
11th Jan – AUD – Retail Sales & Trade Balance & USD – Fed Chair Powell Testifies 12th Jan – USD – Consumer Price Index & Core Consumer Price Index 13th Jan – USD – Producer Price Index, Core Producer Price...
Weekly Market Outlook: US Inflation and Powell’s Testimony in the Spotlight
Weekly Market Outlook: The spotlight will be taken by US inflation data and Fed chair testimony this week. Investors will be watching major data releases on the economic calendar including UK monthly GDP figures and...
What’s The Difference Between Equity and Balance in Forex?
Equity and balance are two crucial aspects of forex trading. While they may reflect the same amount sometimes, equity and balance are two different amounts. Balance reflects the funds in the trading account including...
What is the US Fed Dot Plot and How to Interpret It?
The Fed dot plot summarizes the FOMC’s expectations for the future federal funds rate. Investors and traders around the globe closely watch changes in the dot plot to clue in upcoming changes in the Fed’s policy, which...
Weekly Market Outlook: NFP and FOMC Meeting Minutes Kick off the Year
Weekly Market Outlook: The holiday season extends to Monday before major releases hit the market by storm on Tuesday. All eyes turn to NFP figures, FOMC meeting, OPEC+ output decisions, and a fresh round of worldwide...
Top 15 Lessons We Learned About Online Trading in 2021 [Infographic]
A year is over, and another year to start with so many challenges for traders. While trading is evolving and changing over the course of the years, 2021 has been another challenging year for investments and financial...
Key Economic Data That Influence Exchange Rates
The economic data that influence exchange rates are the same ones that determine the overall economic well-being of a country. Evaluating a country’s exchange rate provides valuable evidence of how well it is...
Short-Term Forex Trading Tips and Strategies
Short-term forex trading is a very popular investing approach that involves holding trading positions for a short period of time. Despite being very attractive and lucrative, it can also be risky. For successful short...
Weekly Market Outlook: Data Releases Take the Lead Ahead of Holiday Season
Weekly Market Outlook – A quiet trading week and lower market activity ahead of the Christmas break. The US calendar will be the busiest in a relatively calm week as final GDP figures and PCE inflation are to be...
Copy Trade: How to Become a Money Manager with AximTrade
The Copy Trade platform from AximTrade provides the opportunity for the professional forex trader to become a Money Manager and start offering trading ideas for followers to copy. Each Money Manager profile will provide...
Forex Trading: Divergence Explained
Divergence in forex trading happens when the price of the traded currency pair is moving in the opposite direction of a technical indicator, usually an oscillator. In trading, divergence is seen as a warning sign that...
Minimum Capital Required to Start Forex Day Trading
It is possible to start forex day trading with investment capital as low as $100. However, such a low amount will limit your trading options and profit potential. For a successful forex day trading experience, you will...
