One of the most fundamental mistakes new traders make is entering the market without a well-defined trading plan. A solid ...

Support and resistance lines conform the most basic ... The easing of trade tensions between the US and its trading partners has dented the safe-haven demand, weighing on the precious metal.

Daniel Balakov/Getty Images Based on the Fibonacci sequence and the golden ratio, traders use Fibonacci retracements to determine potential support and resistance levels during price pullbacks.

Central bank announcements are among the most significant market-moving events in forex trading ... Identify pre-event resistance and support zones on the 5-minute chart before the announcement.

The Commodity Futures Trading Commission (CFTC) also warns prospective FX traders about rampant fraud in forex. Scams can involve pitches of low-risk, high-return currency strategies or promises ...

To trade forex, you’ll need to first pick a broker. Not all brokers support forex trading ... This can be a good way to test ...