The dollar was up on Wednesday morning in Asia as central banks globally are expected to brace for tightening policies…
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Head and shoulders in forex
The head and shoulders pattern is a technical formation that suggests a pattern reversal is underway. For traders, it is…
Continue ReadingWhat is Currency Carry Trade and how does it work?
A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt…
Continue ReadingHow to Short Forex: Short Selling Currency Explained
Short selling currency involves taking positions under the pretence of a bearish sentiment. Historically short selling has been used in the commodity…
Continue ReadingWhy Forex trading is so popular
The Forex market allows major organizations, governments, retail traders to exchange one currency for another, and the so-called “interbank market”,…
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