A “long squeeze” is a bearish scenario where a high percentage of traders are long in a currency pair when the market begins to move against them. Since most traders use stop-loss entry orders to limit losses or will close … Continue reading
Leading indicators attempt to predict future price action. Most fundamental analysis attempts to use leading indicators such as news, central bank meeting minutes and various economic data to attempt to ascertain the future direction of a currency. Oscillators (RSI, stochastics, … Continue reading
“Kiwi” is a nickname for the New Zealand Dollar (NZD).
“Greenback” is a nickname for the US dollar.
Fundamental analysis is the analysis of a currencies main driving economic factors (such as interest rate, inflation, unemployment data, manufacturing data, etc.) with the goal of determining the future exchange rate of a given currency. Trading news events is a … Continue reading
The Federal Reserve, or Fed, is the central bank of the United States. It is in charge or monetary policy, including interest rate decisions and its meetings are watched closely by traders for any hint of an interest rate change.