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…
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…
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…
The currency market is the most unpredictable investment portfolio and this is why every investor should think twice before entering the market. With that been said, it’s also one of the most lucrative way to increase one’s investment as one can triple his invested capital minus any maintenance fee. Mastering the currency market requires patience…