by Broker Reviewfx | Apr 4, 2023 | Articles
Looking at a candlestick, bar or a line chart for the very first time is both captivating yet confusing. The typical response we hear from newer traders is that it reminds them of a hospital’s heart monitor. While this medical appliance is designed to monitor the...
by Broker Reviewfx | Apr 3, 2023 | Articles
Over the direction of the previous two decades, the foreign exchange market has grown into the world’s biggest monetary venue. In fact, in accordance to the Bank of International Settlements (BIS) Triennial Survey for 2019, the foreign exchange market commonly posts...
by Broker Reviewfx | Mar 31, 2023 | Articles
So much money is traded on the foreign exchange markets every day that it is one of the hottest investment opportunities around. For this reason, the number of brokers is increasing, and choosing the right broker can be difficult due to the many advertisements...
by Broker Reviewfx | Mar 30, 2023 | Articles
The release of nonfarm payroll data is important for both economic policy and financial markets. Learn what nonfarm payrolls are, the upcoming 2021 NFP dates, and how to trade them. What are the Non-Farm Payrolls? Non-Farm Payrolls (NFP) are monthly measures of the...
by Broker Reviewfx | Mar 29, 2023 | Articles
What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar...