by Broker Reviewfx | May 21, 2024 | Articles
In trading, understanding support and resistance levels is crucial for making informed decisions. Moreover, these levels help traders identify potential entry and exit points in the market. Support is where the price tends to stop falling, and resistance is where it...
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 | 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...
