longer-term currency trend traders might look at the slowly-moving 50, 100 and 200-day MAs of a currency pair’s exchange rate to get a sense of the medium- and long-term trends for the pair.
Major Forex pairs are the ones that people trade the most. Overall, almost all of them include the US dollar since the country holds the position of the world's largest economy. Take a look at all ...
the euro is the world's second-largest reserve currency. With the euro being a widely used and trusted currency, it is prevalent in the forex market and adds liquidity to any currency pair it ...
Knowing when these announcements occur can help traders position themselves for potential market-moving events. Currency Pair Characteristics: Each currency pair has its prime trading hours.