Aximdaily

Tag - 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 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...

How to Trade Exotic Currency Pairs in the Forex Market

Exotic currency pairs offer a riskier approach to profit in the forex market as they are less liquid and highly volatile. However, trading exotic pairs can be highly profitable if you understand how to deal with a...

What are NFTs? Non-Fungible Tokens Explained

Non-fungible tokens, or NFTs, are the latest trend in the crypto community, taking the world’s digital collectibles by storm. NFTs captured the world’s attention as they came to reshape the future of digital work...

Weekly Market Outlook: Will the NFP Boost the US Dollar?

Weekly Market Outlook All eyes turn to the US data this week, with the NFP in focus as market participants are expecting a continued recovery in the labor market. Fed Chair, Jerome Powell, will testify before the...

How to Choose the Best Broker for Cryptocurrency Trading?

Checking the best broker for cryptocurrency trading has become a popular topic among crypto investors. Cryptocurrencies stepped into the world of investment several years ago and crypto trading is now a leading...

How to Measure your Trading Performance

How do you track and measure your trading performance? What is the best tool to track trade performance? And, how do you evaluate how good or successful you are as a trader? Trading performance, tracking and monitoring...

Top 10 Most Traded Cryptocurrencies In 2021

Cryptocurrencies are gaining higher popularity with the accelerating investment interest. The term crypto refers to the complex cryptography that enables the development and processing of digital currencies as well as...

What is the Spread? How to calculate Spreads in Forex Trading

The spread is a major concept in forex trading and it is basically the transaction cost for a trade. The trading fee that a trader pays affects the total cost of trading, that’s why it should be a key consideration when...

What You Need to Know Before Trading Bitcoin

Trading bitcoin has been a very attractive investment during the past few years due to the skyrocketing gains in a relatively short time. Bitcoin, the world’s top cryptocurrency, managed to catch the attention of...