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What Is Spread in Forex?

Forex trading is all about exchanging one currency for another with the motive of profiting. The fundamental of forex trading is a currency pair represented by, for example, EUR/USD. The left is called...

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What is a Pip in Forex Trading?

The percentage of points or pips refers to the smallest movement or change in the price of the currency pair. Under most circumstances, a pip is 1/100th of 1% or a unit change at the fourth decimal...

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What is Forex Trading & How does it work?

The global money market where currencies are bought and sold in return for another simultaneously is what we call foreign exchange or, simply, forex. Every time you travel abroad, you need to exchange...

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What is the Best Time to Trade Forex?

The Forex market remains open throughout the day; however, specific hours may not suit a few traders. Forex is a market for trading global currencies, and currency volatility depend on the active...

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What is Support and Resistance in Forex?

Two of the most frequently discussed forex technical analysis concepts are support and resistance. Support is commonly denoted as a “floor” that is holding the prices up. On the other hand, resistance...

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