Articles

What is Oversold?

Oversold is a term describing a condition in which the price of a security, commodity or currency has declined significantly in a short period of time such that buying pressure will gain the upper hand and cause an immediate rise in the price level achieved. It is often said that the position is not justified by fundamental or technical analysis. Simply stated, the price has fallen too far too quickly, and a pullback is imminent. The term can be applied on an objective or qualitative basis, or it can be determined from technical analysis using specific indicators that have been designed to signal this condition. A forex trader often uses indicators from the oscillator family for this purpose. The favorites in this area are generally the Slow Stochastic

Read more ...

What is Overbought?

Overbought is a term describing a condition in which the price of a security, commodity or currency has increased significantly in a short period of time such that selling pressure will gain the upper hand and cause an immediate decline in the price level achieved. It is often said that the position is not justified by fundamental or technical analysis. Simply stated, the price has risen too far too quickly, and a pullback is imminent. The term can be applied on an objective or qualitative basis, or it can be

Read more ...

What is Intervention?

Intervention is an action taken by a central bank designed to influence the value of its currency in the forex market by buying or selling large lots of its county’s currency. Concerted intervention refers to action taken by a number of central banks in combination to effectively control exchange rates. National central banks play a significant role in the forex market. Central banks have substantial foreign exchange reserves that they can deploy in an attempt to stabilize the market. The mere

Read more ...

What is the ISM Manufacturing Index?

ISM Manufacturing Index Definition. The ISM Manufacturing Index is released monthly by the Institute of Supply Management. It is an index that assesses the state of the U.S. manufacturing sector by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and is a trusted economic measure. Values over 50 generally indicate an expansion of the economy, while values below 50 indicate a decrease in

Read more ...

What is Personal Income?

Personal Income is an economic statistic that measures an individual’s total annual gross earnings from wages, business enterprises and various investments. The United States’ Bureau of Economic Analysis formulates the statistic and defines it more specifically as income received by persons from all sources. It includes income received from participation in production as well as from government and business transfer payments. It is the sum of compensation of employees (received), supplements to wages and salaries, proprietors’ income with inventory valuation adjustment and capital consumption adjustment, rental income of persons with capital consumption adjustment, personal income receipts on assets, and personal current transfer receipts,

Read more ...
We Accept: Visa Card Payment Master Card Payment Skrill Payment Bank Wire Payment