It's not a secret that to trade successfully on the forex market, it is required to constantly carry out technical analysis of the chart. In practice, there are so many methods to study the currency market, but they all require considerable time. That is why traders use forex indicators to facilitate the trader's work at this stage.

Every trading book tells us that the price chart is the first source of information that a trader needs to look at, and only then apply any indicators and trading systems. Indeed, many books are devoted to chart analysis, and candlestick analysis occupies a special hierarchy because trading without using any trading tools is the highest level, which almost all beginning traders strive for. Over time, traders have identified about three dozen different candlestick patterns, many of which are effective, and others are no longer effective as the markets change.

Knowledge of terminology is one of the most important factors of success in trading in financial markets. A trader needs to be on the same page with other traders and analysts, understand the information given in training materials and special literature, reviews, and market forecasts.

Powell took a hawkish line when he spoke in Jackson Hole last week but avoided specifics to preserve his room for maneuver. The Fed chief said that the QE rollback could start this year, which the markets were quick to take into account as a credible event. The question is when the announcement will be made - in September or near the end of the year. The September Fed policy shift will likely require a strong positive surprise in the NFP report for August.

One of the reasons why Forex is more popular among traders than other financial instruments is the possibility of using high leverage. Despite the widespread use of the term "leverage," few people understand its true meaning and effect on trading. That is why today we will talk about leverage and will answer the most common questions: what that is, how to calculate it, and what is the best leverage for forex trading.

At first glance, almost nothing is happening on the silver market lately. The metal remains in the shadow of its older peer - gold - and does not show the most remarkable dynamics. Yet now it is worth paying attention to it, experts say, because a gradual recovery of the world economy will fuel demand for metals, especially for industrial ones. Silver is a precious metal that is actively used in industry.

Since it was first used as currency 5,000 years ago, gold has remained the most recognizable symbol and store of wealth. Today, gold's rarity, its universal appeal as a safe haven asset, and the ever-increasing demand from investors and central banks have made it a sensible inclusion in any investment portfolio. So, is gold still a good investment option given the current global economic and political climate? What are gold prices predictions for the future?

Over the past decade, Amazon has become a household name. Even more, in the history of the stock market, it is one of the best investments. It is not surprising since at the start of the company's work, there was not even such a thing as e-commerce. Amazon was a pioneer in this area. Today, most traders and investors are wondering what the predictions for Amazon stock are and if it is still a good investment. In this article, we will answer these questions, as well as will look at the price analysis and different factors influencing the quotes.

With the growing popularity of bitcoin, cryptocurrencies are no longer in doubt. It is an interesting field, in which you can increase your capital significantly. Undoubtedly, it is possible to earn good money here. Investments in cryptocurrency can become both passive and basic earnings. Also, you should not forget the fact that the crypto industry is thousands of digital coins. Choosing an asset that would be promising is sometimes difficult even for experts. It is necessary to take into account many factors that shape the rate of cryptocurrencies.

The Allpips web terminal is an innovative solution designed to make the process of trading on the financial markets as easier as possible. Currently, this program is considered one of the most modern, with a user-friendly interface, improved reliability, and quick retrieval of the necessary information. The platform attracts traders with its advanced technical analysis capabilities, built-in indicators, and charting tools. Price movements can be analyzed on nine time frames, including M1, M15, H1, etc.