What Is the Weighted Moving Average (WMA)? The weighted moving average is an MA that assigns a weighting to the latest price data so that the most recent prices have a stronger influence over the value than older ones. By giving greater emphasis to...
The EUR/USD currency pair traded lower again on Friday. The saying goes, "The music didn't play for long." The euro rose for a mere day and a half before turning downward again. On Friday, there were no significant data releases in the Eurozone, but...
Global public debt to surpass $100 trillion by year-end, IMF warns The International Monetary Fund has issued another gloomy forecast that reads like a disaster movie script: by the end of 2024, global public debt could exceed a staggering $100...
The GBP/USD currency pair, trading around 1.27540, has been in a bearish trend recently, characterized by a steady downtrend influenced by various factors, including economic data, central bank policies, and market sentiment. With the British pound...
Key Forex Trading Strategies and How to Master Analysis In Forex trading, the choice of strategy can make a significant difference in performance, and indeed, these strategies vary from trader to trader. Depending on the trader’s goals, risk...