At the moment, it appears that the crypto market has gained little momentum. Cryptos such as Ethereum has broken away from its consolidation. It aims for the $2000 price mark and might get there if the bulls can hold the market. Over the past 24 hours, the crypto has risen by 4% into the $1900…
Category: Trading Education
The Best Currency Pairs You Should Consider Trading in 2019
If you want an additional source of income that does not require a huge investment, you should consider trading currency pairs. Foreign Exchange is where you exchange currencies and benefit from the differences in their exchange rates. These exchanges are taking place all around the world because Forex is a decentralized market with no one…
The Power of the Short Squeeze and Short Covering
What Is A Short Squeeze? A short squeeze occurs in the Forex market when a currency, while in the middle of a downtrend, begins to move sharply higher. This forces many short sellers to start closing out their positions, which in turn provides more momentum for the short-lived bulls. The term short squeeze simply implies…
3 Most Important Technical Analysis Principles for FX Trading
Technical Analysis is the forecasting of future price movements in financial assets, based on an examination of past price movements. In the early days of forex, brokers didn’t provide any technical analysis tools on their platforms. Now many offer tools like moving averages, indicators and trend lines, among others. With technical analysis, you can analyze and…