Market

AI Hub 2 May 2023 What did the Forex market experience Black Monday in 2015? The Forex market experienced Black Monday on August 24th, 2015. This event was a major market crash that occurred when the Chinese government devalued its currency, the yuan, by 4.4%. The move caused a ripple effect throughout the global markets and caused stock prices to plunge around the world. Black Monday was one of the most significant events in recent financial history and had far-reaching implications for traders in the Forex market. In order to understand what happened on Black Monday and why it is important for traders to understand, it is important to first have an understanding of how currencies are traded in the Forex market. The foreign exchange (Forex) market is an over-the-counter (OTC) global marketplace where currencies are traded against each other. It is estimated that $5...

AI Hub 2 May 2023 When Does the Forex Market Close in Eastern Standard Time? The foreign exchange (Forex) market is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market. The Forex market is open 24 hours a day, five days a week across major financial centers across the globe. This means that when one part of the world is closing for business another part opens, allowing investors from all over to take advantage of currency fluctuations at any time during any given day. So when does the Forex market close in Eastern Standard Time? The answer to...

AI Hub 2 May 2023 When Does Trading in the Forex Market Commence on Sundays? Trading in the foreign exchange (forex) market commences on Sundays at 5:00 PM EST with the opening of the Sydney market. This is when traders can begin placing orders for currencies, commodities, and other financial instruments. The forex market is open 24 hours a day, five days a week, making it one of the most accessible markets for investors and traders alike. The forex market is open 24 hours a day from Sunday 5:00 PM EST to Friday 4:00 PM EST. During this time, trading takes place in all major financial centers around the world including London, New York, Tokyo, Zurich, Frankfurt, Hong Kong and Singapore. This allows traders to take advantage of opportunities that may arise during different trading sessions throughout the day and night. It’s important to note...

AI Hub 1 May 2023 When is there an increase in activity in the forex market? When Is There an Increase in Activity in the Forex Market? The foreign exchange (forex) market is one of the most liquid and active markets in the world. With a daily trading volume of over $5 trillion, it dwarfs all other financial markets. But when does activity on the forex market peak? Let’s take a look at some of the factors that can cause an increase in activity on the forex market. Economic Data Releases One of the main drivers of forex market activity is economic data releases. When key economic indicators such as GDP, inflation, unemployment rate, etc., are released by major economies around the world, they can have a significant impact on currency prices and thus lead to increased trading activity. Central Bank Decisions Central bank decisions also...

AI Hub 30 April 2023 Where can I locate the Average True Range of a Forex pair? The Average True Range (ATR) is a technical indicator that measures the volatility of a Forex pair. It is one of the most popular indicators used by traders to gauge market volatility and to identify potential trading opportunities. The ATR is calculated by taking the average of the high, low, and closing prices over a certain period of time. The ATR can be used in several ways. Traders can use it to measure market volatility and identify potential entry points for trades. They can also use it to determine stop-loss levels for their trades, as well as when to exit a trade if it does not go according to plan. Additionally, traders may use the ATR as an indicator of when markets are trending or ranging, which can help them...

AI Hub 29 April 2023 Which currency pair represents silver in the forex market? The currency pair that represents silver in the forex market is XAG/USD. Silver, like gold, is a precious metal and has been used as a form of currency for centuries. Silver is often seen as a safe-haven asset during times of economic uncertainty and can be traded on the forex market just like any other currency pair. XAG/USD is an abbreviation for the silver-U.S. dollar exchange rate. This means that one U.S. dollar can be exchanged for a certain amount of silver (XAG). The value of this exchange rate fluctuates with the price of silver on global markets, which in turn depends on factors such as supply and demand, political stability, economic growth, and inflation rates around the world. Investors who want to trade XAG/USD must open an account with...

Forex for beginners

Start learning

AI Hub 29 April 2023 Which currency pair should I purchase in the forex market? If you’re looking to purchase a currency pair in the forex market, there are a few key factors that you should consider before making your decision. Technical analysis tools and macroeconomic environment can help you make an informed prediction about which currency pair is likely to be most profitable. To begin, let’s take a look at technical analysis tools. Technical analysis involves studying charts of past price movements in order to identify patterns and predict future trends. By studying these charts, traders can gain insight into the direction of the market and decide which currency pairs are likely to be most profitable. Some of the most commonly used technical analysis tools include moving averages, trend lines, support and resistance levels, Fibonacci retracements, oscillators and indicators such as MACD (Moving Average...

AI Hub 27 April 2023 Which educational institutions offer instruction in Forex? Foreign exchange (Forex) trading is a lucrative venture for those who have the knowledge and skills to navigate the complex financial markets. It is an incredibly dynamic market that can offer huge returns, but also carries a great deal of risk. As such, it is important for aspiring traders to gain an understanding of the fundamentals of Forex trading before entering the market. Fortunately, there are numerous educational institutions that offer instruction in Forex trading and related topics. In this blog post, we will explore some of these institutions and what they have to offer prospective traders. What Is Forex Trading? Before delving into which educational institutions offer instruction in Forex trading, it is important to understand what exactly Forex trading entails. In essence, Forex trading involves buying and selling...

AI Hub 27 April 2023 Which trading platform offers 1-second charting for forex? Forex trading has become a popular investment option for traders around the world. As such, there is an increasing demand for trading platforms that offer features like 1-second charting. In this blog post, we will discuss what 1-second charting is and which trading platforms offer it. We will also look at how to use this feature to make informed decisions when trading forex. What Is 1-Second Charting? 1-second charting is a type of technical analysis used by traders to analyze the performance of a currency pair over time. It involves plotting price data on a one-second interval, which allows traders to quickly identify trends and potential entry and exit points in the market. By using 1-second charting, traders can get an up-to-date view of the market’s movements and make more...

AI Hub 26 April 2023 Why does the forex market experience temporary suspension? Forex trading is a complex and volatile market that can experience temporary suspensions due to a variety of factors. The foreign exchange (forex) market is the largest and most liquid financial market in the world, with an average daily turnover of more than $5 trillion. As such, it can be subject to sudden and dramatic shifts in price that can cause temporary suspensions. One of the most common reasons for forex trading suspensions is when prices move too quickly or too far from their expected levels. When this happens, exchanges will often temporarily suspend trading until they have had time to assess the situation and make sure that there are no other issues at play. This helps protect investors from any potential losses due to unexpected price movements or other...

Education 26 April 2023 How to Start Trading in MetaTrader 5: Beginner Tutorial

AI Hub 24 April 2023 How can I begin trading Forex without incurring any cost? Forex trading is one of the most popular ways to make money online. With its potential for high returns, it has become a preferred choice for many traders. But before you can start trading Forex, you need to understand the basics and how to do it without incurring any cost. This article will provide an overview of how to begin trading Forex without incurring any cost. What is Forex Trading? Forex (Foreign Exchange) trading is the simultaneous buying of one currency and selling another. It involves exchanging one currency for another on the foreign exchange market with the aim of making a profit from the difference in price between them. The forex market is highly liquid, with trades taking place 24 hours a day, five days a week across all...