Premium Forex Watch Recaps: Aug. 12 – 14, 2024
This week our currency strategists were specializing in one other round of employment situation updates, this time from Australia and the U.K, as potential drivers for short-term opportunities. Out of…
Financial Trading
Chart Art: Silver (XAG/USD) Approaching an Area of Interest
Precious metals have been tossing and turning while the market mood keeps shifting nowadays. What’s next for silver because it gears as much as test this former support zone? Silver…
Turn Trading Weaknesses Into Strengths
Suppose you’ve just experienced an enormous losing streak. What are you more likely to do next? Are you the form of trader who becomes so depressed that you just are…
TA of the Day: Bearish Momentum Builds in Bitcoin
The U.S. government recently moved over 10,000 bitcoin (BTC) from a government-linked wallet, a transaction price around $600 million to a wallet related to Coinbase Prime. This move follows a…
3 Unusual Suggestions for Newbie Forex Traders
Getting sick of the great ol’ trading suggestions for beginners? Listed here are some unusual (yet very helpful!) pieces of recommendation I’ve garnered from trading pros: 1. Don’t take a…
Event Guide: U.S. CPI Report (July 2024)
With markets pricing in strong odds of a September Fed rate cut, will the upcoming U.S. CPI still make a dent on the dollar’s trends? Or are there any potential…
TA of the Day: USD/JPY Chills Out And Consolidates But For How Long?
The Japanese yen weakened in value against the U.S. dollar on Monday, after a wild ride last week. Markets, particularly Japan’s, were rocked last week by an unwinding of the…
FX Watch: GBP/JPY’s Retracement Zone Ahead Of U.K.’s Jobs Report
GBP/JPY regained some ground it had lost earlier this month, and is fast approaching potential resistance levels. How can the U.K.’s upcoming labour market report affect GBP/JPY’s longer-term trend? We’re…
Chart Art: Is GBP/USD Ready To Extend Its Trend?
The U.S. dollar gave up pips against “riskier” counterparts just like the British pound following a U.S. data release. Will the momentum help extend GBP/USD’s months-long uptrend? We’re taking a…
4 Levels of Competence in Forex Trading
Back in 1969 when my buddies and I were still vibing to The Beatles’ Hey Jude, management trainer, Martin Broadwell, talked in regards to the “4 levels of teaching” to…