Jan 06,2020

#1 Currency The world’s currencies are traded on the Forex market. But let’s start with the very basics – What is a currency? The word currency is derived from the Latin word “currens”, which means “running” or “in circulation.” A currency is money used as a medium of circulation, such......

Jan 06,2020

Let’s look at the three most popular types of forex charts: Line chart Bar chart Candlestick chart Now, we’ll go into the explanation for each of the forex charts, and let you know what you should know about each of them. Line Charts A simple line chart draws a line......

Nov 14,2019

There are several reasons why investors should choose foreign exchange (forex) trading over stocks trading. For starters, the forex market is the world’s largest market in terms of daily transaction volume, and it’s also considered the most liquid. This market is highly accessible and it’s open 24 hours a day,......

Nov 14,2019

The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another. The FX market is where all currencies are being traded globally. Currencies are important to most people around the world, whether or not they come to realize it. One......

Nov 14,2019

Although the forex market may open 24 hours a day, but that doesn’t mean that the market is always active throughout the entire day. The market consists of multiple trading sessions that could affect the volatility of the market in 24 hours. Below are the examples of major trading sessions......

Nov 14,2019

What Is a Currency Pair? A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency. Currency pairs......