EURUSD Forecast for Forex Introduction The trading week will react to the disappointing data of the US Non-farm payroll released last week. As the week begins, we shall see how market participants would behave on the OlympTrade forex platform as they watch how the Federal Reserve will react to the low US job reports during […]
EURUSD Forecast for Forex Introduction This week the U.S. Federal Reserve committee is to hold their meetings and Jerome Powell will read the outcome. Many participants would pay attention to the Forex platform such as OlympTrade for a decisive direction. Let’s dive into more recent events and significant chart levels. EURO and US News The […]
Bollinger Bands are a chart based indicators that were designed by John Bollinger and are used for measuring the volatility levels within a market. Traders, irrespective of whether they engage in stock, forex and bonds trading need to use Bollinger Bands to trade effectively. In fact, a good number of traders use Bollinger Band for […]
The Alligator indicator was introduced by Bill Williams in the year 1995. It is one of the most popular indicators in the world of forex trading and is frequently used by traders for understanding and predicting key trends and price momentum. In fact, traders at all levels use this indicator for conducting in-depth technical analysis […]
Forex traders use a wide variety of techniques to assess the trends and market conditions. This further enables them in placing safe and profitable trades. In fact, it helps them in identifying unfavorable market situations and further place their stop loss orders accordingly. While, some traders conduct market analysis through technical indicators others use charts […]
Forex trading is all about identifying and analyzing the market trends. This is precisely why traders use a wide variety of trading tools and technical indicators for gauging the latest market trends including bearish and bullish movements. One of the most commonly used technical tools is MACD or Moving Average Convergence Divergence. Here, learn more […]
The RSI or Relative Strength Index is essentially a technical indicator, which moves backward and forward between 0-100 and offers information regarding the weakness or strength of the asset/stock prices. The RSI is utilized for various purposes such as for confirmation of trends, offering trade signals as well as foreshadowing the reversals. Here, discover how […]
Forex trading requires traders to acquire in-depth knowledge and understanding of different forex terminologies and strategies. Fibonacci retracement is one of the most popular and widely used forex trading concepts that essentially help traders in identifying the areas for entering as well as exiting the markets. It also helps them in placing stop loss orders […]
Traders, specifically those who’re new to forex trading often worry about identifying the ideal trading strategies that can further help them in placing successful or winning trades. As a result, most of them are always concerned about placing stop loss orders as well as taking profits in a trade. However, traders need to understand that […]
The Martingale system of trading is one of the most common trading techniques, which is followed by forex traders from diverse backgrounds and industries. In fact, a good number of traders have found the martingale strategy to be highly attractive and useful in terms of doubling profits. The system essentially provides traders with predictable results […]