Forex Trading Glossary A-B ABC Wave A term used in Elliott Wave that describes a simple correction after a trending move. It is comprised of three-wave (waves A, B and C) forming a corrective or countertrend price...
How to Use Heikin Ashi Charts The prime concept behind the Heikin Ashi chart is that it is intended to filter out market noise. When you look at this chart, you ought to be able to get...
Newsquawk.com Week Ahead 7th-12th July: Economic Data Calendar SUN: French Election (second round) MON: CNB Minutes (June), Eurogroup Informal meeting of Competitiveness Ministers; Japanese Overtime Pay (May), German Trade Data (May), EZ Sentix Index (July), BoI Announcement,...
The 3 Main Fundamental Factors That Affect Currency Values Successfully trading currency pairs is not just about examining charts and seeing where to place your next trade. That is certainly part of the process, but if...
Newsquawk.com Week Ahead 24-28th June: MON: BoJ Summary of Opinions, German Ifo Survey (Jun), German Import Prices (May) TUE: Japanese Services PPI (May), Canadian CPI (May), UK GDP (Q1) WED: Australian CPI (May), German GfK Consumer Sentiment...
Trends in the forex market tend to be strongest when fundamentals support technical moves.. Many retail forex traders dismiss the fundamentals when trading because they are sometimes hard to figure out and because they are not easily...
What’s the Difference Between Hawkish vs. Dovish Monetary Policies? Currency prices can change a great deal based on the monetary policies of the country in question. It may come as no surprise then that there are different...
Newsquawk.com Week Ahead 3rd-7th June: SUN: JMMC and OPEC+ Meetings. MON: Chinese Final Caixin Manufacturing PMI (May), EZ/UK/US Final Manufacturing PMIs (May), US ISM Manufacturing PMI (May). TUE: South Korean CPI (May), Swiss CPI (May), German Unemployment (May),...
How Does Monetary Policy Affect the Forex Market? Governments, and the central banks that operate within the countries, set monetary policy that is designed to help bolster the economy of that country. Central banks and monetary policy...
Interest Rates and Why they Matter to Forex Traders The forex market is largely controlled by interest rates. In fact, the interest rate is generally the single most important factor when it comes to determining the value...
Newsquawk.com Week Ahead 27th-31st May: MON: Bank of Israel Announcement , UK Bank Holiday, Chinese Industrial Profits (Apr), German Ifo Survey (May). TUE: Canadian PPI (Apr), US Monthly Home Prices (Mar). WED: Riksbank Financial Stability Report, Australian CPI...