What is Immutable in Forex Trading?
The immutable means unchangeable, an immutable is an object whose state can’t be changed or altered after its formation. Regarding cryptocurrency, immutable is key feature of blockchain technology and Bitcoin. Immutable transactions mark it impossible for any corporation or government to use, falsify or replace data stored on the network. It support high degree of […]
What is Housing Industry Association New Home Sales in Forex Trading?
Housing Industry Association New Home Sales measures the change in number of newly constructed homes sold. It is an economic indicator for Australian currency traders. Housing Industry Association New Home Sales data is released at the end of each month usually at 4:00 GMT by Housing Industry Association Economics Group. A reading higher than expected […]
What is House Price Index Australia in Forex Trading?
House price index Australia is an economic indicator for Australian currency traders. Data is usually released on quarterly basis at 1:30 GMT by Australian Bureau of Statistics. The house price index Australia rose to 3.9% in last three months and gain 2.4%. This was the highest reading since 2016 because property prices has increases in […]
What is Hot Wallet in Forex Trading?
Hot wallet is an online tool that allows the owner of cryptocurrency to send and receive tokens. Unlike traditional currencies, there is no physical wallet or dedicated bank that can be used to keep currency holdings secure. Cryptocurrency wallets are commonly used to keep and protect these holdings from traditional breaches. Cryptocurrencies wallets comes in […]
What is Hot Storage in Forex Trading?
Hot storage is term related to cryptocurrency wallets. People of cryptocurrency community often say that, “not your keys, not your bitcoin”. The idea behind this phrase is if you can’t control your keys, you can’t control your bitcoin. When it comes to storing private and personal keys, online wallet is usually a personal choice. There […]
What is Horizontal Trend Channel in Forex Trading?
Horizontal channels are trend lines or chart pattern used in technical analysis that join variable lows and highs to show the price confined between lower line of support and upper line of resistance. Horizontal trend channel is also known as sideways trend or price range. Horizontal trend channel provide traders an exact point entering and […]