Forex Articles – page 1

Features of Forex market hours:
Pacific trading session

Forex starts its working hours when the Pacific session opens on Monday local time. This session is characterized by...

Asian trading session

The Pacific session is followed by the Asian session. Currency pairs that include USD, EUR, JPY and AUD are traded...

European trading session

The opening of the European session starts in financial centers such as those in Frankfurt, Zürich, and Paris. However...

American trading session

The most active time on the foreign exchange market is the beginning of the American session, because it reaches the...

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What Forex pairs to trade

Forex is a market, where the currencies are traded. Currencies are traded in pairs, so a Forex pair is a ratio of one currency's value to another. To buy one currency, traders need to sell another.

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Real Estate economic indicators

There are several important real estate market metrics today. If we are talking about the United States, these are Building permits, Housing Starts, New Home Sales, Existing Home Sales, and Pending Home Sales. These economic metrics are often not highlighted in economic calendars, but they are the most important parameters reflecting the state of the real estate market in the country.

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OPEC+ meeting

The Organization of Petroleum Exporting Countries (OPEC) is an international organization composed of oil exporting countries whose main purpose is to control production quotas for raw materials.

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The Best Forex Pairs for Beginners

The world of Forex trading can seem quite confusing and overwhelming for beginners. Understanding all the nuances yourself is pretty tricky. That is why we decided to determine what types all currencies are divided into and which type is best suited for beginners in Forex trading.

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Durable Goods Orders. What does a trader need to know?

Durable Goods Orders is a large monthly survey that measures current and future industrial activity. Durable goods orders reflect new orders placed with domestic manufacturers for durable goods in the near term or the future. Durable goods are expensive goods that last for three years or more. Examples include machinery and equipment such as computer equipment, industrial equipment, steel, and more expensive items such as airplanes. The report contains information on shipments as well as outstanding orders and inventories. This data is usually revised in the Factory Orders report, which comes out about a week later.

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Consumer confidence. What does a trader need to know?

The Consumer Confidence Index (CCI) measures how optimistic or pessimistic ordinary consumers are about their expected financial situation. In other words, the Consumer Confidence Index provides a snapshot of the actual economic conditions in which consumers find themselves. It is an important indicator that shows how consumers will stimulate the economy in the future. If the financial situation of the majority of consumers is difficult, it means that few people can afford to make large purchases, such as houses and cars. And this indicates that the cost structure is leading to a slowdown in economic growth or even a recession. If consumers are optimistic and their income will allow them to make large purchases, this will stimulate the economy in the future.

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Best Forex Pairs for Scalping

"Sounds scary!" — someone may say about the word "scalping." But nothing to worry about. It is a trading strategy, and we'll tell you about it in this article.

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Best Currency Pairs to Trade at Night

The Forex market works 24/5. If it never sleeps, does it have any special features during the nighttime? Yes. In this article, we explain trading nightlife and show the best currency pairs for this time. You will learn what subtleties exist in night trading and what you need to be prepared for.

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Retail Sales. What does a trader need to know?

Consumer spending makes up almost 70% of US GDP, making retail sales an excellent economic indicator. The Retail Sales Index is a measure that tracks consumer demand for finished goods. The goods and services have reached the end of the supply chain, which begins with the manufacturer and ends with the retailer. Retail sales are measured by durable and short-term goods purchased over a period of time. Retail stores include conventional stores such as Target, Macy's, and others. This also includes online stores such as Amazon.

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GDP data. What does a trader need to know?

Gross Domestic Product (GDP) is the total monetary or market value of all finished goods and services produced within a country in a given period. As a broad measure of total domestic production, it is a comprehensive scorecard of a country's economic health.

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The Best Forex Pairs To Trade In Malaysia

The increasing market volatility every day due to instability in the economic and political spheres is an alarming sign for many entrepreneurs. However, for a trader, price fluctuations mean a constant opportunity to earn money. Now is the best time to trade Forex in Malaysia, so find out what to look for when starting your investment career and how to choose the best trading symbols!

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Manufacturing and Services PMI data. What does a trader need to know?

The Purchasing Managers' Index, or PMI, provides information on current and future business conditions. It is an economic indicator calculated based on monthly surveys of various companies. It helps determine whether market conditions are expanding, contracting, or remaining the same from the purchasing managers' perspective.

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Heading East: The Best Currency Pairs To Trade And Strategies To Use In The Asian Trading Session

Asian trading session involves some big forex players, and the name Asian is rather relative. It comprises operations performed by exchanges of Japan, Singapore, Hong Kong, Australia, and New Zealand, so the geographical span reaches wider beyond Asia than it is usually imagined. Trading during this session has its peculiarities, and knowing them can better prepare you for reaping its benefits instead of fretting at inconveniences. In this article, we will explain what currency pairs to choose when to trade and what to expect (and not expect) from this session.

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Industrial Production data. What does a trader need to know?

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. The level of Industrial Production is a leading indicator of the state of the economy because the production responds quickly to the ups and downs of the business cycle and correlates with consumer conditions, such as the employment rate. The Industrial Production data are published monthly, usually in the middle of the month.

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Nonfarm Payroll report. What does a trader need to know?

Labor market conditions are very important for understanding economic development. That's why the monthly nonfarm payroll report significantly impacts the forex markets. Investors and traders always watch indicators to determine economic growth trends. The nonfarm payrolls report is the main indicator that shows the unemployment rate and labor market conditions.

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Monetary Policy Statement: What you need to know

Almost every month in the economic calendar, traders can see such events as the monetary policy meeting minutes. During the publication of this protocol, the volatility increases sharply. Let's find out what this protocol is and whether it is possible to make money on it.

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Interest rate: What you need to know

There are many definitions on the internet about what the interest rate is (also called Deposit Rate, Base Rate, Cash Rate, Policy Rate), how it affects the economy, why it is a key parameter for fighting inflation, etc. But all this is a theory, and a trader, as you know, needs the practical use of this knowledge.

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Forex Trade in Nigeria: Choosing the Right Timing for Successful Trading

The Nigerian economy is strong and blossoming, so it provides plenty of opportunities for earning, investing, and making more money. Forex trading is one of the ways to multiply your savings, but there are many factors that impact the outcome of your trading. Along with choosing the right currency pair, you need to carefully calculate when to trade (and when not to trade). This article will help you keep track of the best trading periods by the Nigerian time and how to decide when to enter the trades and when to refrain from them.

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How to Interpret Inflation Data?

The Consumer Price Index, better known as CPI, is an important economic indicator regularly published by major economies to provide timely information on current inflation. It is a very important indicator that significantly affects central banks' monetary policy. In turn, central bank policy determines the course of the economy to tighten or soften, which is reflected in national currencies and the dynamics of stock markets. So, how to correctly interpret the Consumer Price Index data?

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The Matter of Trends: The Most Trending Forex Pairs

The forex market is lucrative for beginners and experienced traders alike because of high liquidity, various trading options, and earning potential that can be successfully realized with a properly chosen forex pair. Then the first question a trader should ask themselves is what pairs to trade and how to predict trends to make a profit off them. In this article, we will explore the trending potential of forex pairs, how to select the best pairs in forex, and uncover short-term and long-term trends.

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Best Time for EUR/USD Trading

EUR/USD covers two leading economies, including European and American. It obtains more than half of the total trading volume on the Forex market. Let's review the key factor impacting the EUR/USD volatility.

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Watching The Clock: The Review Of The Best Time To Trade Stocks During The Day, Week, And Month

Short-term trading implies that profits should be made fast, and positions closed after a short holding period, from mere seconds to a day, or a week maximum. That’s why, for day traders, it’s essential to know the best timeframes for trading, including the best time, day, and month to buy and sell stocks to reap the highest earnings. In this article, we will discuss key facts about the best time to invest in stocks and extrapolate them to various areas of the globe with different time zones to eliminate any confusion.

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How to Predict Currency Movement USD/EUR

The brokers and businesses use the exchange rate forecast to make proper decisions for their trades while decreasing risks and returns. There are a lot of methods of forecasting currency exchange rates. In this article, you will find out the most popular of them.

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Full Guide to Forex Trading in Nigeria

In Nigeria, Forex trading is skyrocketing because many people move to this market. It enables the Nigerian economy to develop. Therefore, many people ask whether it's easy to trade in Nigeria or not. So, let's consider all the particularities of Forex trading in Nigeria.

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The Best Time to Trade USD/CAD

The US dollar and Canadian dollar form one of the most popular currency pairs. It represents a significant quota of daily trade. It's popular among both professionals and ultimate newbies.

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Full Guide to Forex Trading in South Africa

Forex trading is a popular form of short-time investment and a source of additional or main income for many people all over the world. Forex trading is available in South Africa, but many potential traders just do not know how to make the first steps in this field. This full beginner’s guide explains the base of Forex and its key terms.

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Forex Trading for Beginners in 2022

If you are a beginner in Forex trading, you can easily be overwhelmed with all the guidelines, articles, and tutorials on the Internet. It's very difficult to choose your way to successful trading among a vast variety of tips and guidelines on how to get into Forex.

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Social Trading vs. Copy Trading

The Forex market is full of complex terms and definitions that look like a total mess for a novice. There is no surprise that some traders do not see the difference between copy trading and social trading. This article explains the difference, discusses pros and contras, and the best platforms for these types of trading.

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Introduction to Copy Trading: How Copy Trading Works in Forex and Other Markets

If you have heard about copy trading but did not have time to explore the topic thoroughly, this is your chance to fill the gap in your knowledge and probably to consider including this strategy in your toolkit. This review will cover the basics of copy trading, from its essence to legal matters, and will then dig deeper into the practical field. Risks, benefits, starting tips, and advice on platform selection will be explained in simple terms so that you can dive into the process with confidence and attention to important details.

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Social Trading: What is It and How to Make Money Using It

Since the trading migrated online, the traders have been communicating on the online forums and other special services. Some traders teach their less experienced peers how to earn on trading, mitigate related risks, and build their careers in trading. This trend is known as social trading.

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Copy Trading: Important Risks and Advantages to Take into Consideration

Copy trading is one of the popular trading strategies that allows traders to copy in a step-by-step manner the trading moves of other traders, commonly considered to be experienced and successful. Copy trading is a good way to start a trading journey without conducting long time-consuming research of markets and instruments. However, mechanical copying of steps made by other traders has its particular risks and benefits. These risks and advantages, as well as useful tips and rules of copy trading, are gathered for your convenience in this article.

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The Best Time to Trade Stocks in South Africa and a Glimpse into the World of Global Stock Exchanges

Trading stock is the first thing that comes to mind when the word 'trading' is uttered. You can keep them for years as a portfolio, building your wealth gradually, or try some risky market gambling for quicker profits. So, if you are interested in this solid and 'aristocratic' kind of assets, read this guide on how to perform stock trading in South Africa and when to do it for maximum effect.

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The Best Time to Trade EUR/USD in India

Comprising the currencies of the two world’s largest economies, EUR/USD is the most actively traded forex pair in the world. High trading volume ensures sufficient liquidity and relatively tight spreads for the EUR/USD pair, making it very attractive particularly for beginners. Let’s look at a few ways to increase your profit from EUR/USD trading.

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10 Most Stable Forex Pairs to Trade in 2022

If you are interested in forex but have never tried trading before, sooner or later, you come across the question of what currency pair is safe to trade so that you don’t lose half of your deposit on your first position. And the answer is as simple as can be, the safest currency pairs are the most stable ones. Read on to learn which currency pairs are the best to start your trading journey.

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Best Time to Trade Gold in South Africa

Gold (especially the XAU/USD pair) is extremely popular among forex traders in South Africa. If you are thinking of starting trading this precious metal or looking for ways to enhance your results, learn how to choose the best time to trade XAU/USD in South Africa.

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Best Time to Trade Gold

Gold has been traded for thousands of years now. And despite the leading role of fiat money as a medium of exchange, it doesn’t lose its popularity either as a safe haven asset or as a trading instrument. Whether you consider starting to trade this precious metal or simply looking for ways to increase your profit from it, read a few recommendations on the best time to trade gold.

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Best Gold Trading Tips for Beginners

Gold is one of the most popular assets traded worldwide by investors, funds, and speculators who aim to profit from the price fluctuations or stand up against inflation. Unfortunately, many market participants fail to catch the wave and take full advantage of what the gold market can offer due to the lack of knowledge and experience. Are you planning to become the next gold trader? Learn how to trade gold in the most profitable way.

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Last Articles
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Fundamental and technical analysis
In this article, we will not go deep into the terminology because there are many explanations of what fundamental analysis is, what technical analysis is, and what its pros and cons are.
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What Forex pairs to trade?
Forex is a market, where the currencies are traded. Currencies are traded in pairs, so a Forex pair is a ratio of one currency's value to another.
Read more
Real Estate economic indicators.
There are several important real estate market metrics today. If we are talking about the United States, these are Building permits, Housing Starts, New Home Sales, Existing Home Sales, and Pending Home Sales. These economic metrics are often not highlighted in economic calendars, but they are the most important parameters reflecting the state of the real estate market in the country.
Read more