Currency

Order execution isn’t as easy to understand as it seems at first glance. Not seldom investors and traders think their order is immediately executed when they click on “execute order”. As a matter of fact, there are various possible forms in which an order can be filled and when it actually happens. Moreover, the timing […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500   Bitcoin’s price has seen a short spike within the range it’s been trading on this week. The spike has seen the cryptocurrency consolidate around the $4,000 mark. Its SMAs are located within the $4,000 and $3,500 […]

XRPUSD Medium-term Trend: Bullish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.32, $0.30, $0.28   Yesterday, February 20, the XRP price was in a bullish trend. The crypto’s price reached a high of $0.34 and was resisted. The crypto’s price is facing resistance at the $0.34 price level. On January 10, […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500   Bitcoin’s price has been ranging in the last few trading sessions. The cryptocurrency has essentially been seeing various lower lows and lower highs, around the $3,500 mark, since January 11.   The cryptocurrency’s 50-day SMA is […]

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.29, $0.27, $0.25   On February 8, the XRP price made some bullish gains but thereafter the price pulled back to the low of $0.30. The downward correction has made the crypto’s price fall into the bearish trend zone. The […]

If you want to trade currency, or foreign exchange, you need to find a Forex broker that will give you access to a trading platform on which you can buy and sell foreign currencies. There are plenty of Forex brokers out there (see a list on our Broker Listing page), so how do you pick […]

Until now, spot forex trading takes place in a definite amount known as “lots.” This means the number of currency units a trader will sell or buy. 100,000 units of currency are the standard size for a lot. Today, we have a nano, macro, and mini lot sizes ranging in 100,  1000, and 10,000 units respectively. […]

BTCUSD Long-term Trend – Ranging     • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500   The price of Bitcoin has been seeing the $3,500 support keep on holding its price since January 11. After it was breached southwards the cryptocurrency notably sprung up, an impact reflect in most cryptocurrencies on […]

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.27, $0.25, $0.23   The XRP price is still in the bearish trend zone as the crypto closed at a price of $0.29. From the daily chart, we are waiting to see when the price action will tell us about […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500   On January 28, bitcoin’s price was dragged southwards past a low seen the past week, which saw it enter a new range. Bitcoin’s price is now trading between the $3,500 and $3,000 marks.   The cryptocurrency’s […]