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Hawkish trading and dovish are two terms used to describe the monetary policies of central banks. The two terms are used to describe the stance of central banks on monetary policy, specifically in regard to the pace at which they raise or lower interest rates. Understanding the difference between hawkish and dovish monetary policies is important for investors, economists, and anyone who wants to stay informed about the economy. What is Hawkish? Hawkish monetary[…]

Triple Moving Average Crossover is a trading strategy that uses three moving averages of different time frames to generate buy and sell signals for a financial instrument. It compares the interaction of a short-term moving average, a medium-term moving average, and a long-term moving average. A buy signal is generated when the short-term moving average crosses past the medium-term moving average, which in turn crosses above the long-term moving average. Conversely, a sell signal[…]

Heikin Ashi is a candlestick chart commonly used in technical analysis to provide a clearer view of price action in financial markets. Unlike traditional candlestick charts, the Heikin Ashi strategy elaborates on the price movements by considering the open, close, high, and low prices for a given period. The resulting chart can help traders to identify trends and make more informed trading decisions. How to trade using Heikin Ashi charts? How to read the[…]

Forex candles, also known as Japanese candlesticks, are a popular chart used by traders to visualize the price movement of currency pairs. The candlesticks are named after the Japanese technical analysis method, dating back to the 1700s. Steve Nison later popularized the method in his 1991 book, “Japanese Candlestick Charting Techniques.” Where did the name originate from?  Japanese candlesticks got their name because they originated in Japan, where rice traders first used them in[…]

The Euro to PKR open market exchange rate is a crucial factor for those involved in the foreign exchange market or those planning to travel to countries that use the Euro. While 19 member nations of the European Union use the Euro as their official currency, Pakistan uses the Pakistani rupee (PKR).The Euro to PKR, market exchange rate, influences the nation’s economic and political circumstances and the supply and demand for money. Understanding the[…]