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Daily Analysis

EUR/USD: This market has been moving steadily in the...

Tian Kriek

Analyst
Daily Chart
September 26, 2021

There is a Bearish head and Shoulders Pattern on the Weekly chart suggesting that the EURUSD will move lower. There is a new Down AB Boundary on the Daily chart and price is moving Bearish to the Fib 1.618 at 1.1617 Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/ideas/ ...

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Education

Forex Glossary

What is a Currency Pair?

Here’s an example… Say you wanted to convert your sterling into yen. You would first have to convert your sterling into U.S. dollars and then

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What is the Foreign Currency Market

The currency market is the market in which traders are able to buy and sell currencies. This market is not centralized like the stock or futures

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Forex Trading Strategies

In the foreign exchange market, there are several different Forex trading strategies from which to choose. No trading strategy is perfect; different

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Open Position

A deal, not yet reversed or settled, in which the investor is subject to exchange rate movements.

Price Transparency

Condition in which every market participant has equal access to the description of quotes.

Floating Rate Interest

An interest rate that fluctuates with market or benchmark rates, as in a standard mortgage.

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