Learn the ins and outs of forex trading with our educational resources and expert guidelines.
Market cycles in financial markets are trends or patterns in price action that tend to repeat over time. Let’s examine the four (4) phases of market cycles and how this knowledge can benefit your forex trading activity: 1. Accumulation This is the first phase of the market cycle. It occurs after a downturn (after the market...
The price movements of financial instruments in forex and other markets are shaped by many factors. The most potent price driver of them all is the “interaction” between sellers and buyers – supply and demand. To understand what truly causes price shifts, we must take a closer look at the behaviours of market participants, the role...
In forex trading, to effectively anticipate future prices, you should understand the previous day’s market behaviour. It is important you pay attention to yesterday’s closing, high and low prices. These price points can provide hints on potential market direction and help traders plan their entries and exits. Let’s examine why these price points matter: A....
Forex market hours refer to the specific times when participants can trade currencies globally. These hours are divided into sessions based on major financial centers (Tokyo, London, New York, Sydney). Global Forex Trading Sessions Regions Major forex trading sessions Hours / Time – ET Hours / Time – GMT Europe London 3 am – 12...
Some of the most effective forex indicators include the Moving Average (MA), Relative Strength Index (RSI), Bollinger Bands, Parabolic SAR, Aroon, and On Balance Volume (OBV), each offering unique insights into market trends, volatility, and potential reversals. Let’s explore these indicators in more detail and understand how they can enhance your trading strategy: Moving Average...
