In the forex market, traders are flooded with economic data every week—GDP figures, inflation numbers, employment reports, PMI surveys, and retail sales. Yet despite this constant stream of information, currency markets often remain relatively calm until one key event takes place: a central bank interest rate decision. When institutions such as the Federal Reserve (Fed),…
Introduction The US Dollar Index, commonly referred to as DXY, plays a central role in the global forex market. While many traders focus directly on individual currency pairs such as EURUSD or GBPUSD, these pairs are often responding to broader movements in the US dollar itself. The dollar is not just another currency; it functions…
IntroductionSilver (XAGUSD) is one of the most volatile instruments traded in the forex and commodities market. Many traders expect silver to behave exactly like gold, but in reality, silver reacts far more aggressively to economic data and central bank signals. Sharp price spikes, sudden reversals, and extended trends are common around major US news events….
Introduction When beginners first look at a forex chart, it often feels overwhelming. Candles move quickly, prices change every second, and it becomes difficult to understand what the market is actually doing. Because of this confusion, many traders add indicators hoping they will make things clearer. In reality, price itself already tells the full story….
A Proprietary Trading Firm (commonly called a prop firm) is a financial institution or company that uses its own money to trade in various markets such as forex, stocks, cryptocurrencies, or commodities. Unlike hedge funds or asset managers, prop firms do not manage external funds but instead focus entirely on generating profits using internal capital….