Forex Trading Course

The FX market has been regarded as a sleeping giant for close to a decade, mainly because low-interest rates suppressed volatility in the currency space. However, with central banks normalizing monetary policy in 2022 by hiking rates and selling assets, things have taken an impressive turn.  Currency pairs are now seen as more volatile, given exchange rates must adjust to the changing economic picture. In such an environment, traders need to consider all their options and trading minor FX pairs is one worth analyzing.  Currency volatility Despite accounting for several trillion USD in daily volumes, when FX volatility spikes, managing risk is increasingly difficult. This year has been one to remember for the US Dollar, which rose against most other

Gold has entered this month with a bang, registering monumental gains amid a weakening Dollar. The bullion’s price now stands above the $1,750 level after a dizzying rally from the $1,616 zone.  Gold’s spot price started last week at nearly $1,670 an ounce but exited it at around the $1,765 zone, recording its best performance since the week ending July 24, 2020. A gloomy year for gold under the backdrop of a strong Dollar and rate hikes   Gold had been under strong bearish pressure where it lost more than $400 (or 20%) in value till October’s end, since reaching the peak of over $2,060 in March. Gold prices skyrocketed earlier this year as fears about the repercussions of Russia’s invasion

In the past few years, forex trading has grown a lot, with more and more traders from all over the world getting involved and hoping to make a lot of money. However, most new traders are unsure whether forex trading is profitable or not. In this article, we will look in depth at forex trading. The short answer to the title is “yes.” But most people forget that an investor needs to be skilled, have a lot of experience, and know how to negotiate in order to make money. This market can be quite beneficial from time to time if you are a Forex trader who knows how to apply the proper tactics. This necessitates that investors devote significant effort

The abbreviation VSA stands for Volume Spread Analysis — the analysis of changes in trading volume. The ability to correctly determine this indicator in MetaTrader 4 is the key to successful work in the financial markets and forex broker trading.  The average trader will not be able to globally influence the market situation due to insignificant capital in management, so the most reasonable solution would be to determine the mood of significant players and follow them. Futures exchange volumes If we compare the price charts of the EUR/USD currency pair and EUR futures on CME, then the prices will be almost the same. The difference is the basis — a small value. It is important to note that at the

Know Your Customer/Client (KYC) is a term used in financial services and trading platforms to indicate compliance with the law. The phrase “Know Your Customer” (KYC) is essential terminology in the foreign exchange market and other areas of the financial sector. For a long time, the compliance teams’ ability to check the identities of new clients and consumers before allowing them to use the company’s service has protected the business from financial crime. Its purpose is to verify the legitimacy of the customer’s funding source and the customer’s identity. It mandates that businesses involved in the buying, selling, or exchanging of financial products (such as forex) record the customer’s first and last name, physical address, date of birth, and, in