Daily Analysis
EUR/USD: This market has been moving steadily in the...
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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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
Continue ReadingWhat 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
Continue ReadingForex Trading Strategies
In the foreign exchange market, there are several different Forex trading strategies from which to choose. No trading strategy is perfect; different
Continue ReadingOpen 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.
