Contracts for difference (CFDs) allow traders to take advantage of rising and falling asset prices. They are derivative instruments where a trader enters into a contract […]
As of mid-July 2023, Bitcoin (BTC) had gained 87.80% year-to-date, while Ether (ETH) had added 66.28%. The massive potential for cryptocurrencies to increase in value has […]
Interpreting volume is one of the primary activities that help traders make informed decisions. Based on volume analysis, the On-Balance Volume (OBV) indicator is an effective […]
May 2023 marked 12 consecutive months of positive surprises from the US non-farm payroll (NFP) report. This was the longest stretch in several decades that the […]
Little did Munehisa Homma know that he was pioneering a trading tradition when he started using candlestick patterns for rice trading in the 18th century. Steve […]
Trend trading is a popular strategy because the price movement is quite apparent. However, contrary to what beginners believe, the financial markets range more often than […]
Citigroup beat the Q1 2023 profit estimates, which pushed its share price higher. JPMorgan Chase’s stock also climbed an impressive 7% after the release of its […]
Forex trading per day exceeded $7.5 trillion in April 2022 worldwide, while global equity trading surpassed $41 trillion in the third quarter of 2021. But there are many […]
Crude oil is the most actively traded commodity worldwide, which ensures high liquidity in this market. The global crude oil market size is expected to reach […]
The global forex market, valued at $1.93 quadrillion in 2023, is almost 30 times the size of the US stock and bond markets combined! The 24×5 market is […]
Fear and greed are the two primary emotions that influence trading decisions. Market sentiment is the cumulative result of the general outlook of market participants, which […]
The Fibonacci sequence is found everywhere in nature, from spirals of galaxies to branches of a tree and from DNA molecules to hurricanes. Financial analysts, who […]
Indices are baskets of assets that represent a segment of the financial market. Indices may be created based on industry, region, country or exchange. Stock indices […]
Trend analysis is one of the most popular tools for beginner traders. It reveals the general market direction and allows traders to ride the trend or […]
The Elliott Wave theory, developed by Ralph Nelson Elliott in the 1930s, analyses long-term price trends and their association with investor or market sentiment. Elliott observed […]
The GBP/USD is the third most commonly traded forex pair, accounting for 9.5% of the daily foreign exchange turnover. As of April 11, 2023, £1 Pound was […]
Market sentiment governs asset price movements by impacting the demand and supply of that particular asset. When the market is bullish, demand rises, driving up the […]