What is XAUUSD? XAUUSD is a financial symbol representing the exchange rate between gold (XAU) and the U.S. dollar (USD). This currency pair is widely traded on the foreign exchange market,
What is a Spot Market?The spot market, also known as the immediate market, is a familiar concept for those active in the financial sector. It's where financial instruments and commodities
Hello there, have you ever wondered about the differences between Major and Minor currency pairs in the Forex market? Forex trading is not just about buying and selling currencies on
What are Bid and Ask Prices?Bid and ask prices are essentially the best buying and selling prices that traders are willing to transact at in the market. To put it
Stepping into the Forex world, you will immediately encounter the term "Pip" - a concept indispensable for any investor. "Guide on How to Calculate Pips in Forex for Beginners" is
Are you delving into the world of Forex trading, one of the largest sectors of the global financial market with over 2 trillion USD traded daily? With the increasing number
What is Margin in Trading?Margin is the initial deposit amount that you need to have in your account to open a trading position. It acts as a guarantee for the
In the world of forex trading, seizing opportunities for profit while facing significant risks is no easy task. To succeed, every investor needs to stay alert to their positions. Ultimately,
In the bustling world of trading, the term "Open Interest" has probably passed by your ears countless times, but have you ever stopped to wonder: What does Open Interest really
In the world of Forex trading, understanding how to calculate lots is one of the basic but extremely important steps when starting your journey to become a Forex trader. Lots