iFX Brokers Blog

Moving Average Convergence/Divergence (MACD) is a technical indicator that helps investors identify price trends, measure trend momentum, and pinpoint market entry points for buying or selling. The MACD is a trend-following momentum indicator that illustrates the relationship between two exponential moving averages (EMAs) of a security’s price. Gerald Appel developed MACD in the 1970s, demonstrating […]

The Exponential Moving Average (EMA) is a technical indicator commonly utilized in trading practice to track the price fluctuations of an asset or security within a specific timeframe. The EMA distinguishes itself from a simple moving average by giving greater importance to recent data points, such as the most recent prices. Understanding Exponential Moving Average (EMA) An exponential moving average is a type of moving average (MA) that gives more importance to the most recent data points. It functions as a weighted moving average, calculating the trend of a financial security over a specific time frame, including both bullish and bearish movements. Traders […]

What is an Oscillator? Technical analysis uses an oscillator as a tool to create upper and lower bands based on extreme values. It then generates a trend indicator that moves within these boundaries. Traders utilize the trend indicator to identify short-term overbought or oversold conditions. When the oscillator value gets close to the upper extreme, […]

Every person involved in financial markets, whether they are just starting out or have years of experience, encounters a wide range of intricate tools and methodologies. An essential tool in the world of finance is the order book, which is a digital record of buy and sell orders for specific securities organized by price level. […]

An economic calendar proves to be an asset for traders, as it provides them with timely information about significant events that may influence their trading choices. Traders can use a deep understanding of the monthly and yearly events that take place in the global economy to determine the optimal timing for buying or selling financial […]

Fibonacci retracements are two points connected by traders that they consider relevant, usually a high point and a low point. These points indicate potential areas where the price may encounter resistance or change direction. We then divide the vertical distance between these points by key Fibonacci ratios, including 23.6%, 38.2%, 50%, 61.8%, and 100%. After […]

Experienced floor traders in the commodities markets create a pivot point as an indicator to pinpoint potential turning points. Day traders in the forex and other markets rely on pivot points to identify potential levels of support and resistance. These key points help them anticipate possible shifts from bullish to bearish or vice versa. Calculating […]

Introduction A take-profit order, also known as a limit-closing order, is a type of limit order with a fixed price. After that, your trading service will close your open position for a profit at this price. If the limit order doesn’t reach the limit price, it remains inactive. Take-profit orders are crucial tools for traders […]

Introduction Forex markets are known for their high volatility in the financial world. Understanding the internal and external factors that impact forex rates can prepare you for trading in these markets. Similar to an investment banker, the currency exchange rate plays a crucial role in assessing a country’s economic health, alongside factors like interest rates […]