XAUBOT Blog
Achieve more with the forex education hub.
Head and Shoulders pattern Definition
The head and shoulders chart pattern is among the more elaborate chart analysis patterns. While some are easier to detect and draw, this formation has a higher degree of detail.
Wedge Pattern Definition
In our series on various technical analysis patterns, it is now the turn for the famous and all powerful wedge! Wedge is a very practical and rather easy to use
Double Top Pattern Definition
The two sides of the double coin chart pattern are the double bottom and the double top patterns. Naturally, they stand in opposition to one another. While the double bottom
Descending Triangle Definition
In the varied and colorful ocean of forex technical analysis, the descending triangle is one of the most sought after fish. As the name suggests, it takes the form of
Ascending Triangle Definition
When it comes to analyzing the market, there are basically two routes to go down. The first one would be the old faithful fundamental analysis which looks at, you guessed
Forex Definition
The foreign exchange market has turned into one of the most alluring and referred to subjects for all the wannabe traders and even those who are more serious about their
Top 10 Economic Indicators in Forex
As a forex trader, you need to always be on the lookout for new information and data that can potentially impact the market. Sounds difficult, we know. But that is
Market Sentiment in Forex
With around 6 trillion dollars of daily transactions and thousands and thousands of traders participating, the forex market is a difficult place for making correct and sound speculations. As such
How Do Central Banks Affect the Forex Market?
In any given economy, the central bank is by and large charged with maintaining a healthy and stable economy in that country by controlling inflation along with other major economic