It represents the total value of goods and services produced by U.S. citizens, regardless of where Drawdown forex they are in the world. A country with a higher gross domestic product will have a higher living standard. The Federal Reserve uses GDP data to help guide its monetary policy (whether […]

If the RSI shows an overbought condition, it may indicate a potential price correction, prompting the trader to adjust their strategy accordingly. For instance, if a currency pair consistently fails to break above a certain resistance level, traders may consider selling at that level, expecting a price reversal. Conversely, if […]