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Swiss Franc Weakens With Dollar, Aussie and Kiwi Firm
The financial markets are generally steady today, as European indices are mixed in tight range. US futures point to slightly higher open, as S&P...
Is Euro Headed for 1.20?
EUR/USD is in positive territory for a third straight day. Currently, EUR/USD is trading at 1.1957, up 0.07% on the day.
The euro has quietly...
Gold Snags Necessary Footing for Retest of Range’s Ceiling
Gold recently established some positive traction off the converged simple moving averages (SMAs) and the Ichimoku cloud’s upper surface, after failing to previously clear...
RBNZ Holds Course, NZ Dollar Surges
The New Zealand dollar is sharply higher in the Thursday session. Currently, NZD/USD is trading at 0.7113, up 0.02% on the day.
RBNZ maintains rates,...
Sunset Market Commentary
Markets
Not much news today. The economic calendar was all but empty and high-profile Fed speeches are not due until later today. Denmark is dropping...
WTI Oil Outlook: Oil Price Remains Elevated on Improved Global Demand Outlook and Weaker Dollar
WTI oil price continue to climb for the third consecutive session and hit one-week high on Wednesday.
The monthly report from the International Energy Agency...
AUD Hits 3-Week High, Job Numbers Loom
After a quiet start to the week, the Australian dollar has registered strong gains in Wednesday trade. Currently, AUD/USD is currently trading at 0.7685,...
European Stocks Higher, US Bank Earnings Next
European stocks are broadly advancing on Wednesday after a largely positive hand over from Wall Street. A less-than-expected inflation overshoot in the US calmed...
Oil Rises On Stockpiles, Gold Vulnerable
Oil rises as crude stockpiles decline
Oil prices are on the rise, breaking out of a tight trading range that has limited directional movement over...
GOLD Remains Below 1,750.00
The sharp surge of the yellow metal's price ended just before the metal reached the 1,750.00 level. Since the middle of Tuesday's trading, the...
USD/JPY Reaches New Low-Level
The USD/JPY passed the support of the previous April low levels on Tuesday. Moreover, the currency exchange rate passed the support of the weekly...
Inside the Forex Market: Fake News, Currency Wars & Corruption
Fake news has become one of the buzzwords of 2017, with almost weekly reports regarding politicians or political events, causing outrage due to their spurious nature. The growing importance of social media has exacerbated the problem with fake news reports spreading like wildfire and quickly garnering vast amounts of attention before they can be disputed and or corrected.
Times To Trade
Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded...
Why Trade FX: 7 Key Differences Between FX and Other Instruments
In the first part of this article, we looked at the relationships and investment themes that traders can access using FX. In the second...
Forex Trading Accounts: What Account to Choose
For effective and profitable trading, it is important to choose the right type of a trading account. The choice depends on the knowledge level...
Questions You Need To Ask Yourself Before You Enter A Trade
There are many different approaches to trading. From technical signals given by the indicators to the fundamentals that become the driving force in the asset or instrument. Put a few traders in a room and chances are that they will trade the same asset or instrument differently.
Size DOES Matter… When Considering Risk and Strategy!
A phenomenon that a lot of traders notice – and you might have seen it yourself – is that when they increase the size...
How Long Will it Take Before I Can Expect Consistency?
We understand that this is a perfectly natural question, especially for newer traders. Unfortunately, it is difficult to answer. To a degree, we believe it depends on the person who is doing the asking. With that in mind, let's have a look at some of the key points relating to this subject…
A Brief Look at Trading Psychology
Why is psychology such an important aspect in trading? Well, if you're incapable of controlling your mind/thoughts whilst operating in the market, you stand very little chance of reaching consistency.
Forex Trading: An Introduction to Trading Strategies and Trading Styles
Without rules of engagement, you essentially operate on emotion instead of a well-ordered approach. This is what a trading strategy provides.
Countless Forex trading strategies...
Breakout Trading: Methods & Tactics To Improve Your Chances of Success
What is Breakout Trading?
Breakout trading is simply where we look to capture an expansion in price as it moves beyond either a defined high...
Identifying Correlations
Unless you intend on trading one market at a time, it is vital to understand how different instruments markets interact with one another. A correlation, in simple terms, describes how much (or how little) two markets move together over a period of time.
How to Trade the Wedge Pattern Objectively?
Trading with chart patterns can be one of the simplest ways to find highly profitable trade setups. Despite the ease of trading with chart...