It is important for traders to identify chart patterns in order to make their trades profitable. An advantage of finding out price patterns is that the traders can gauge the price movements of a symbol in the past and can predict the movement of the symbol in the future. One of the most common trading patterns […]

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In the much awaited United States Federal Reserve meeting which happened last week, the Fed hiked the interest rates by +25 basis points to a range between 1 and 1.25 percent and kept the interest rate forecasts unchanged. Fed’s monetary policy announcement remained positive over the chances of additional rate hikes for this year. In […]

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The much anticipated United States Federal Reserve meeting happened on Wednesday. Contrary to market expectations, the Fed hiked the interest rates by +25 basis points. Despite a weakening inflation, the Fed kept the rate forecasts unchanged and promised one more additional hike for this year. The Fed’s monetary policy statement stated that the inflation targets […]

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Fed Reserve Bank of Dallas President Robert Kaplan looks for more than two interest rate hikes this year, including the rate hike in March. Though the inflation numbers didn’t look promising, Kaplan firmly believes on two rate hikes for this year. Fed member Brainard confirmed the chances of the rate hikes and stated that it […]

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The Federal Reserve members are planning on a rate hike in June shortly. Most of the members are looking forward for the Fed’s rate hike in June 13-14th if the economic data meets the expected results. The Federal Open Market Committee (FOMC) has plans to reduce the $4.5 trillion balance sheet by purchasing the Treasury […]

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The U.S Dollar is surely one currency to watch out for this calendar year 2017. As we all know, the U.S Dollar is the most traded currency pair amongst traders in the Forex industry. With Donald Trump becoming the 45th President of the United States of America, the U.S dollar smashed and other stocks soared […]

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Forex is majorly driven by currency pairs which is further bifurcated into three categories- the majors, the minors, cross currencies and the exotics. It is intriguing to note that they have all been a part of a major universe, each augmenting the boom in trading volumes in the forex market. Having said this, let’s first […]

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Nicknames always had strong connections with humans. And most of it really relates to human emotions and psyche. We love calling everything, yes literally every single thing- living or non-living with names! And most of this “everthing list” will have more than one name! Admit it, most of these names are hilariously funny and sometimes […]

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Till a few weeks back, gold seemed to be on a free fall. Buyers were panicking and sellers were enjoying their time in the sun. And for good reason. Gold had taken a tumble losing 20% of its value in 7 months time and with the US ending its QE, there did not seem any […]

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