XM Company News

Forex Technical Analysis Seminars Concluded in Morocco

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In the second part of September, XM welcomed numerous Moroccan traders at the free forex seminars organised in the cities of Casablanca and Agadir.

Hosted on Casablanca on 21st and soon afterwards in Agadir on 28th September, the seminar titled
Spotting Trend Reversals with Candlesticks and the Avramis River was especially designed to demonstrate why certain technical analysis tools are considered to be the prerequisites of successful trading.

In each of the two event locations, our seminar guests had the opportunity to learn useful information about powerful trading techniques used in trading currencies and other financial instruments from Habib Akiki, Senior Market Strategist of Tradepedia.

During his seminar presentations Habib Akiki introduced participants to all relevant aspects of candlestick chart trading, which helps investors predict market movements and assess overall price direction. In addition to demonstrating the theoretical explanations with real-life examples, our event guests also had the chance to familiarise themselves with how to combine candlestick charts with technical indicators for the sake of more accurate market data.

The specific technical indicator that all those present at the XM seminars could learn about was the Avramis River, which can be applied to easily measure market sentiment and volatility, as well as identify strong trending financial instruments.

We would like to thank all our existing and new clients who took part at our seminar in Casablanca and Agadir.