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Envelopes, a trend following indicator Channels moving averages or Envelopes (Moving Average Envelopes) are channels whose lines, upper and lower are calculated as a deviation percentage of a simple moving average or exponential moving average. Each line is at the same percentage above and below the central moving average. This creates two parallel strips that follow the price action. This … Read more
In this article, we present a custom dashboard indicator for Metatrader 4, called RSI Signals, which displays multiple signals from the RSI indicator on different instruments and time frames. It is a free custom indicator where the trader can select the currency pairs and time frames they want to view. Also, it is able to show when the RSI is … Read more
Exchange rate risk is the potential loss as a result of currency fluctuations. This potential loss occurs according to its volatility and position at a given time. It is also known as currency risk. The risk in the exchange rate refers to the possible changes in the price of one currency against another. So, depending on the position we have, … Read more
As another trading week kicks off this Monday, the US dollar index remains near the nearly 20-year high hit last week. The global picture offers plenty of reason to worry: the war in Ukraine and the Covid-19-related lockdowns in China cast long shadows over the growth prospects of the global economy, exacerbating the current inflation problem, intensifying the energy crisis, … Read more
Gucci customers will be able to make payments with more than 10 cryptocurrencies. Customers from New York, Los Angeles, Miami, Atlanta, and Las Vegas will be able to pay with bitcoin. Gucci, the famous Italian luxury goods firm, launched a pilot program that will allow payments to be made with bitcoin and other cryptocurrencies in five of its stores in … Read more
Description of RoboForex broker demo accounts. In this article we describe how they work, what their advantages are and how to open one. One of the essential tools that every investor should use at the beginning of their career as a trader is the demo account offered by most online brokers, a type of account that will allow you to … Read more
The candlestick pattern Matching Low is a formation of two bearish candles presented in markets with a downward trend. It has moderate reliability and indicates that the price is likely to change from a bearish to a bullish trend. This pattern can be identified as follows: The current market trend is bearish. During the first period, a big black candle is formed. In the … Read more
Cardano is the platform on which ADA, a cryptocurrency that can be used to send and receive funds, was developed. It is a smart contract platform, with some characteristics similar to Ethereum (not by chance since its creator, Charles Hoskinson, is one of the co-founders of Ethereum), offering new levels of security and scalability thanks to a multi-layer architecture. It … Read more
Last Monday, May 10, USD 6.5 billion entered the exchanges. BTC liquidations grew 150% in the last 24 hours. The bitcoin (BTC) market posted the largest sell-off volume since March 2020 on Thursday as its price found support at $25,000, before rallying above $28,000. On the other hand, BTC settlements in the last 24 hours reach USD 2.2 billion, according … Read more
Central banks are the entities that have a monopoly on the production and distribution of official money in a nation or bloc of countries. In turn, it is the institution that dictates monetary policy to regulate the money supply in the economy. In other words, the central bank issues the notes and coins that then reach consumers. In addition, it … Read more