Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...

Trading breakouts in forex pairs can be profitable for traders who know how to properly implement a breakout trade. Breakouts can be to the upside as well as the downside, and they typically occur ...

One of the most practical aspects of support and resistance is role reversal. When price breaks below a support area, that same zone often acts as resistance later. This happens because traders who ...

(MENAFN- Daily Forex) This week we'll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years ...

Creating a Forex trading strategy does not have to be a difficult process. Today we will review the basics of trading price channels. Article Summary: Creating a Forex trading strategy does not have ...

Forex traders make bets on fluctuations in global currency prices. Trades can use leverage and margin to make big profits on relatively small positions. These markets are volatile and unpredictable, ...

Andrew Michael is a former Deputy Editor at Forbes Advisor. He is a multiple award-winning financial journalist and editor with a special interest in investment and the stock market. His work has ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A currency trading platform allows traders to access the forex markets to buy, ...