Is the forex market open on holidays? The Forex Market is open every weekday beginning at 4 PM CT on Sunday and ending at 3:45 PM CT on…

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Why do most companies use the foreign exchange market? To diversify their income from other sources. To improve their relationship with large commercial banks. To convert currency for…

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Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is…

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No, you need to be 18 years old to trade the Forex market. Can I trade forex at 16? You need to be 18 to open a Forex…

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When conducting fundamental analysis in the forex market: Keep an economic calendar on hand that lists the indicators and when they are due to be released. Also, keep…

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Technical analysis is the study of historical price action in order to identify patterns and determine probabilities of future movements in the market through the use of technical…

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There are two institutions responsible for regulating the forex market in the United States—the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). Every forex broker…

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In centralized clearing, a clearing corporation acts as single counterparty to every transaction and guarantees the completion and credit worthiness of all transactions. On an exchange that is…

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Market Transparency: It is effortless to monitor the fluctuations in the value of currencies of different countries in a forex market easily through account tracking and real-time portfolio,…

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It should be noted that VWAP and moving VWAP may not work on currencies/forex due to the fact that many software platforms do not account for volume data…

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