The Consumer Price Index, or the CPI as it is commonly known, is one of the most important economic indicators related to inflation used by foreign exchange traders and currency market … [Read more...]
The Professional Interbank FX Market Explained
The forex interbank market is the wholesale currency arena, where traders from large banking institutions trade amongst one another. Other participants such as hedge funds or trading firms that decide … [Read more...]
How to Trade Double Top and Bottom Reversal Patterns
Chart patterns are an integral part of the technical trader’s arsenal. Their effectiveness has been studied and validated. One reason why many traders find chart trading attractive is because these … [Read more...]
How Interest Rates Influence the Currency Markets
The currency markets are intertwined with the interest rate markets allowing sovereign rates to have a direct influence on the direction of a currency pair. In this lesson, we will discuss … [Read more...]
A Tutorial on Mastering the Engulfing Candlestick Pattern
Candlestick patterns are an essential component of price action analysis. Candlestick formations can provide high probability signals about a potential outcome on the price chart. Therefore, Forex … [Read more...]