by Broker Reviewfx | May 18, 2023 | Articles
Trading in Forex is highly based on using currency pairs, and every position that is opened in a trade consists of the simultaneous selling and buying of one currency with another. So it goes without saying that in order to trade in Forex you need to understand what...
by Broker Reviewfx | May 17, 2023 | Articles
The goal of a forex trader is to make profits. To achieve this, one must make wise trading decisions to reduce the risk of loss. This is where forex market analysis helps. It can be divided into two main approaches: fundamental analysis and technical analysis. In...
by Broker Reviewfx | Apr 11, 2023 | Articles
In addition to chart patterns and indicators, technical analysis involves the study of wide-ranging topics, such as behavioral economics and risk management. The goal behind technical analysis is usually to identify trading opportunities and capitalize on them using a...
by Broker Reviewfx | Apr 6, 2023 | Articles
A wise man once said, “Luck is what happens when preparation meets opportunity.” However, many unsuccessful people seem to believe that luck is just something that happens by chance. To the unsuccessful person who is just hoping to “get lucky”...
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...