EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,... Technical ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Thinking of trading currencies? Before you dive in, it’s important to understand a few key concepts, starting with one of the most fundamental: pips, and how to calculate pips in Forex. A pip, short ...
Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...
Kenya’s forex market has been growing steadily, almost quietly. In Nairobi’s Westlands, in Mombasa’s business hubs, and even in smaller towns where mobile money is part of everyday life, more traders ...
A forex pair moves in increments of pips. The pip in most cases is the 4th decimal place or the ten-thousandths place in the quoted exchange rate. If the exchange pair is quoted in Japanese yen then a ...
Many beginners are intimidated by forex trading because it can appear quite complex. Some of the more common difficulties new traders experience are understanding currency quotes, how to short an FX ...