Support and resistance levels are among the most widely utilized technical tools in the Forex market. These pivotal charting points […]
Author: Calvin Bennett
Calvin joined Prof FX from 2022. He holds degrees in Economics, Finance and Insurance and Risk Management, which has shaped his interest in macro events and analysis. Calvin focuses on combining fundamental and technical analysis to trade around macroeconomic themes.
How Professional Traders Read ISM Data to Predict Currency Movements
The ISM Manufacturing Index is a cornerstone of forex trading, offering critical insights into global economic activity and influencing currency […]
How GDP Data Influences Forex Trading?
Gross Domestic Product (GDP) is one of the most critical economic indicators in the forex market. For forex traders, understanding […]
How to Trade Double Top Pattern in Forex Trading
Mastering the double top pattern can significantly enhance a trader’s technical analysis toolbox. This versatile pattern is widely applicable, whether […]
Pennant Patterns: Mastering Bearish & Bullish Pennants
Pennant patterns are powerful continuation signals in the forex market, often leveraged by traders to anticipate potential price movements. While […]
What is the MACD Indicator is and How it Works in Forex?
What is MACD? The Moving Average Convergence Divergence (MACD) is a technical indicator used to analyze the relationship between exponential moving […]
Using Moving Average 200 Period to Conquer Forex Market
What is a 200 Day Moving Average? The 200-day moving average (MA) is a technical indicator that helps traders identify […]
What Are Lagging Indicators? A Simple Breakdown for Better Insights
Lagging indicators often carry a reputation for being misunderstood, but they remain one of the most reliable tools for analyzing […]
How Using the Rising Wedge Pattern in Forex Trading?
The rising wedge is a well-known reversal pattern often used by traders to predict future price movements. It provides insight […]
Everything I Need to Know About Forex Trading
What is Everything I Need to Know About Forex Trading? General Info Brief overview of forex trading. > Read what […]