Author: <span>backcom_webt</span>

3 Types of Forex Analysis: Fundamental/Technical/Market Psychology

There are 3 popular types of Forex market analysis that traders often use to predict market movements and analyze trends. They tend to use one or combine multiple analysis methods to suit their trading style. It’s especially useful to confirm trades by applying analysis methods in a demo account. There are various ways to study […]

Three Black Crows Candlestick Pattern – Trading Strategy, Ideas

Three Black Crows Candlestick Pattern or the Three Black Crows has been mentioned in the article about the Three White Soldiers pattern. The Three Black Crows pattern is considered the inverse version of the Three White Soldiers pattern. So, what is the Three Black Crows pattern? And does this pattern have any limitations? 1. WHAT […]

The Impact of Monetary Policy on the Foreign Exchange Market

If you are a Forex trader, you will need to pay close attention to the information surrounding this market to develop effective forex trading plans. This information can come from the economic and political situations of major global economies or fluctuations caused by policies from market makers and economic regulators. Among these, the impact of […]

US dollar declined as Federal Reserve Signals Possible Rate Cuts

The US dollar declined on Thursday after the Federal Reserve signaled potential interest rate cuts later this year. Meanwhile, market uncertainty persisted due to concerns over US tariffs, while the British pound hit a four-month high ahead of the Bank of England’s (BoE) monetary policy decision. Federal Reserve Holds Rates Steady but Signals Cuts The […]

4 Key Factors Driving Asian Markets Amid Fed Rate Cut Speculations

Asian markets faced strong resistance on Thursday as Chinese equities tumbled, limiting gains despite positive sentiment from the Federal Reserve’s rate cut projections. The Fed decided to keep interest rates unchanged, while maintaining expectations for two rate cuts by the end of the year. This decision boosted U.S. stock markets, pushing Nasdaq and S&P 500 […]

Fibonacci Fan Application For Effective Trading

Fibonacci Fan is a term developed based on the concept of the Fibonacci Sequence. So, what is the Fibonacci Fan? How can traders use the Fibonacci Fan in forex trading? 1. WHAT IS THE FIBONACCI FAN? The Fibonacci Sequence is a series of natural numbers that starts with 0; each subsequent number is the sum […]