Vladimir Ribakov

Why Consumer Confidence Matters in Forex Trading When analyzing the Forex market, traders often pay close attention to important economic indicators such as inflation, employment, GDP growth, and interest rates. However, there is another economic indicator that provides valuable insight into the health of an economy: consumer confidence. Consumer confidence measures how optim...

When traders study the Forex market, they often focus on economic indicators such as inflation, employment figures, GDP growth, and central bank interest rates. However, there is another important factor that can influence currency movements: geopolitics. Political decisions, international conflicts, trade disputes, elections, sanctions, and diplomatic tensions can all affect...

The markets are showing some fascinating technical developments this week, and there are several opportunities I believe traders should keep on their radar. Could EUR/USD be approaching the end of its bearish move before recovering toward 1.14–1.15? Is GBP/JPY preparing for a deeper correction after forming a major bearish divergence? Could gold extend its decline toward 3,50...

When Being Right Becomes More Important Than Making Money Every Forex trader wants to make profitable decisions. However, there is a psychological trap that can quietly undermine trading performance: the need to be right. When traders become emotionally attached to their opinions, they may start defending their analysis instead of objectively evaluating the market. They becom...

Why Doesn’t a Strong Economy Always Have a Strong Currency? Imagine that a country reports strong economic growth. Businesses are expanding, employment is increasing, consumer spending remains healthy, and economic activity is improving. You might naturally expect its currency to strengthen. However, the Forex market sometimes tells a different story. Despite encouraging econ...