Major operators in the Nigerian Maritime sector have argued back and forth over the decision of the new Governor of the Central Bank of Nigeria, Dr Yemi Cardoso, to remove the ban on forex for imports ...
A triple bottom is a classic forex reversal pattern that signals a bearish trend is likely ending and a bullish reversal is underway. It consists of three successive lows (troughs) at roughly the same ...
Nigeria's Central Bank has granted licenced Bureau de Change (BDC) operators access to the official foreign exchange market, a policy reversal that fundamentally reshapes the competitive landscape for ...
The market has been reasonably quite this week with a rebound off support in the AUD/USD and the EUR/USD. The retracement of a weak dollar has coincided with a larger retracement in equities that is ...
The 'Stair-Step up in Asian/European trade, and Elevator down as Wall Street opens' pattern is still firmly in place on the days that S&P Futures struggle to find buyers, and as such forex values ...
Have you ever felt overwhelmed by the complexity of the forex market structure? Understanding how to read and interpret market dynamics is crucial for successful trading. If you're struggling to make ...
Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
Sterling climbed higher on Monday after British finance minister Kwasi Kwarteng said the government would reverse a plan to scrap the UK's highest rate of income tax, while the yen weakened past the ...
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