Play of the Day: How Low Can EUR/USD Go?
EUR/USD looks set to retest a key resistance zone ahead of the U.S. retail sales data! In case you missed it, a little bit of risk-taking within the previous trading…
Financial Trading
Why Traders Should Get Used To Being Unsuitable
In trading, entering a position means that you simply’re confident enough in your idea to bet money on it. You manage your risks by studying the present economic themes, plotting key chart levels, and…
Chart Art: Fresh Range Forming on USD/CAD
This forex pair is back in sideways motion and appears able to form a latest range with this looming test of support. Will USD/CAD bounce again? Try these inflection points…
4 Aspects to Consider When Finding Your Own Forex Trading Area of interest
Ever heard of the road, “Try and check out until you succeed?” Well, I’m gonna allow you to in on slightly secret. Sometimes, it doesn’t apply to trading. One common…
Event Guide: U.S. CPI Report (January 2024)
Uncle Sam is dropping its January inflation data this week! Will the numbers support the Fed pushing back against a March rate of interest cut? Let’s have a look to…
The Secret to Achieving Consistency in Trading
For those who were to ask a gaggle of profitable forex traders what the largest factor to their success is, chances are high that you simply’ll hear the word “consistency”…
Chart Art: Will USD/CHF Return to Its Longer-Term Downtrend?
USD/CHF looks set to retest a long-term downtrend resistance! Will the pair bust through the resistance zone? Or will it extend its downtrend in the following couple of days? We’re…
Play of the Day: EUR/USD Pullback Ahead of Jobless Claims Data
The U.S. initial jobless claims report tends to spur strong intraday moves for dollar pairs currently. Can this classic pullback setup on EURUSD play out? I’m seeing a straightforward correction…
4 Common Trading Biases You Should Be Aware Of
Having trading biases isn’t necessarily a foul thing, but there are some that may impair our ability to read the markets and make good trading decisions. Step one to overcoming…
Chart Art: AUD/USD’s Potential Trend Pullback Area
RBA’s less dovish-than-expected decision supported the Aussie earlier today! As expected, the Reserve Bank of Australia (RBA) decided to maintain its rates of interest at 4.35% in February. The central…