Ahsan Aslam Khan, Author at VPX Forex Education

Japanese Candlestick and its Back Ground

Foundations of Japanese Candlestick: Japanese Candlestick holds a great significance in Forex trade. Traders and investors all over the world prefer Japanese Candlesticks nowadays. They prefer it because of worthiness. Let’s have a look at its foundation and basic information. Beginning: During the 18th century, Japanese devised this effective form of technical analysis for the measurement and analysis of their international trade of crops particularly Rice. As most …

GBP decline ahead of Brexit Talk and GDP data – VPX Market Review

by Ahsan Aslam Khan

Pound and the Pandemic: The recent discussion between the President of European Commission and the Prime Minister of U.K has led to the further downfall of Pound. The value of Pound continues to be weak as the economy of U.K is still struggling. The value of Pound would be expected to enjoy a rise and get a slight relief but then came the horrifying news of another strike …

What is Technical Analysis? How to use it to predict?

by Ahsan Aslam Khan

There is a myth about forex traders that they just multiply money by doing nothing. Well it is definitely a myth. Like all other earning professions, Forex Trading is a serious source of income which requires certain characteristics to be prosperous in this field. Keen observation, patient personality and better judging abilities are the three most important characteristics of a successful forex trader. Forex traders use different methods …

What is Fundamental Analysis? How to Use it in Forex Trading?

by Ahsan Aslam Khan

The world is changing and making progress with every passing minute. Same is the case with Forex. In the ever-changing world of Forex Trading, only active and keen observer traders can survive. Constant fluctuation is the most prominent feature of Forex Trade. Dealing with these fluctuations is Forex trading. When you start a new business or you tend to invest your money in any project, you do not …

Support and Resistance Levels in Forex Trading

by Ahsan Aslam Khan

The peak points of Forex are the ‘Bounce’ and ‘Break’. If you can handle the trade efficiently at these points then the heaps of profit are waiting for you in the critical game of Forex. Bounce: If you want to efficiently deal with bounce then you need to have some confirmation that the resistance or support point will manage to hold. So let the value of the currency …

GBP falls after increase in worries about Brexit and UK Economy data

by Ahsan Aslam Khan

The National Output data of U.K and pandemic: The pandemic played havoc with not only the lives of human but also shattered economies and GBP as well. The financial markets suffered and it has left lasting imprints on Forex trade. Unexpected changes and dire situation marked history. Even the economies of advanced countries all over the world felt shocks of the pandemic. The economy of the entire world …

EUR/USD moved up after Fed Talk

by Ahsan Aslam Khan

The most widely traded currency pair EUR/USD is dealing in an uptrend channel. The Federal Reserve Predicts that the economy of USA is going to contract about 6.5% by the end of 2020. It is going to rise about 5% in 2021 and about 3.5% in 2022. The interest rate is not going to expected to rise by the end of 2022. At the same time, the unemployment …

ECB decided to increase its bond buying program to 1.35 trillion EURO

by Ahsan Aslam Khan

A bold move of ECB: Finally the global economy felt a slight positive change after the lock down severity of the recent past. The European Central Bank played a vital role in this regard. ECB like always again made a bold move that has caused a huge impact on financial markets. European Central Bank increased the value of its bond-buying program to 1.35 trillion(EURO) and it has decide …