Uncategorized

Anyone who has spent considerable time trading forex will tell you that there’s no “holy grail,” or one indicator, method, strategy, or system that would yield you forex trading profits 100% of the time. In fact, consistently profitable…

Share: GBP/USD Forecast: Pound Sterling fails to benefit from hot inflation data Following a spike above…

Chinese Yuan (CNH) News and AnalysisUS-China relations take a step backwards and markets rue lack of stimulusUSD/CNH rises back to near overbought territory despite near-term USD consolidationGBP/CNH soars well into overbought territory…

NZD/CAD just busted through a trend line resistance! Will we see more signs of a short-term reversal today? Before moving on, ICYMI, yesterday’s watchlist checked out USD/JPY’s range support zone ahead of a “quiet” session for news…

Share: Gold price is expected to extend its downside journey below $1,930.00 ahead of Fed Powell’s…

GOLD OUTLOOK & ANALYSISFed Chair Powell Testimony to dominate headlines later today.Gold bulls seek out volatility and dovish bias from Fed.Key technical indications for both weekly and daily charts. Recommended by…

GBP/USD is turning lower after today’s U.K. inflation release! In case you missed it, the U.K.’s annual inflation came in at 8.7% in May, unchanged from April’s rate but higher than the expected 8.4% consumer price growth. It also marked…

Share: Gold Price drops for the fourth consecutive day as bears cheer downside break of key support…

S&P 500, SPX, NASDAQ 100, NDX - OUTLOOK:The S&P 500 index encounters stiff resistance.The upward momentum is strong, but the Nasdaq 100 index is looking a bit overbought for now.What’s next for the two indices? Recommended by…

We’ve got a couple of top-tier U.K. events lined up this week! I’m counting on big moves from pound pairs, and I’ve got this GBP/CAD break-and-retest play on my radar. You see, the pair already busted through its descending trend line to…