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Daily Analysis

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

Tian Kriek

Analyst
Daily Chart
January 12, 2022

The USD is weakening at the moment thus the EURUSD is moving higher. Price reached the 1.618 Fibonacci resistance at 1.1413. There may be a small pull back before the EURUSD continues Bullish again. The Direction of Highest Probability is Bullish 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

Proprietary Forex Trading

In the world of forex trading, there are different types of traders and different types of trades. Every trader has a particular method or style of

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Cost of Carry

The cost associated with borrowing money in order to maintain a position. It is based on the interest parity, which determines the forward price.

Value Date

The date that both parties of a transaction agree to exchange payments.

Convertible Currency

A currency which can be exchanged freely for other currencies at market rates, or gold.

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