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Copytrade Forex news Blog Company news Education AI Hub 📙 Forex for beginners
📙 Forex for beginners
Copytrade Forex news Blog Company news Education AI Hub
AI Hub 21 December 2023 At What Time in The Eastern Time Zone Does the Forex Market Close? The foreign exchange (forex) market is a decentralized global market for trading currencies. It is the largest and most liquid financial market in the world, with an average daily turnover of over $5 trillion. The forex market operates 24 hours a day, five days a week, and is open to traders from all over the world. In the United States, forex trading hours are based on Eastern Standard Time (EST). This means that when it's 9:00 am in New York City, it's already 2:00 pm in London and 11:00 pm in Tokyo. The forex market opens at 5:00 pm EST on Sunday and closes at 4:00 pm EST on Friday. It's important to note that there are different types of forex trading sessions throughout the day. During these sessions, different...
AI Hub 23 September 2023 When Does the Weekly Candlestick Close in the Forex Market? When it comes to understanding the forex market, one of the most important concepts to understand is when the weekly candlestick closes. This knowledge is essential for traders who want to use technical analysis tools and interpret macroeconomic conditions in order to gain long-term advantages. In this article, we will discuss what a weekly candlestick is, when it closes in the forex market, and how this information can be used by traders. What is a weekly candlestick? A candlestick chart is a type of financial chart used by traders to visualize price movements over time. It consists of four components: an open price, a close price, a high price, and a low price. The shape of each candle reflects the relationship between these four prices during that particular period. A...