Economic news that matters for the USD

With the U.S. Dollar being the world’s reserve currency and the U.S. the world’s largest economy, the economic data from the United States is central to currency trading. Because it…

Classic technical analysis patterns

Pattern recognition is at the core of technical analysis and provides a disciplined approach to trading. Over time, investors have noticed that the market forms distinct patterns before continuing or…

NFP: What it is and why it matters

NFP stands for Non-Farm Payrolls and it represents critical economic data for the United States. It reveals the state of the United States labor market, and it comes out on…

5 common mistakes beginner traders make

The difference between beginner and professional traders When you start trading from a retail perspective it is a bit like entering a profession as an amateur. So, for example, imagine…

How to use a moving average

As a popular trend indicator, the Moving Average (MA) is used by most investors. Due to its advantage of showing a clear market picture, investors use the Moving Average to…

Robots: how they move the market

Ever wondered why the currency market moves so fast? Or, why it spends so much time in ranging conditions, before, suddenly, all currency pairs move at the same time? The…

News Trading: How does it work?

News trading is one of the reasons so many investors join the currency market. What can be more exciting than waiting for an economic release, seeing if the news is…

HYCM Lab is a financial analysis source that provides regular insights on how global news affects the markets including forex, commodities, stocks, indices, and cryptocurrencies*. Run by the HYCM team, it equips traders with everything needed to make informed trading decisions.