Economic Indicators

Different Types of Moving Averages for Traders

2 years ago forexsimulation 0
A moving average is described as a technical indicator that investors and market analysts use for determining a trend’s direction. It’s a sum of a financial security’s data points over a particular period, and the total divided by the data points to get an average or mean. It is known as a moving average because Read More

Trading idea on major pairs: 3rd October -7th October

6 years ago forexsimulation 0
EURUSD pair In the last few weeks, the EURUSD pair has been moving in between 1.1120 – 1.1270 level. The volatility of this pair has been decreased to great extent due to the uncertainty of interest rate hike decision by the FED. In the last FOMC meeting minutes, the FED has clearly announced that they Read More