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Technical based trading is extremely popular among both novice and professional traders. There are countless technical methodologies that can be implemented in the market. One such method includes the use of technical…

If you would look at the different types of trading strategies, you would notice that there two common themes among these strategies. Strategies are either reversal strategies or continuation strategies. Most…

I’m sure you’ve heard your fair share of inspirational, zero-to-hero success stories. I’m also willing to bet that at least once in your life, you’ve said to yourself, “Hey, maybe I can make it too.” However, I think very few people…

Share: GBP/USD outlook: Renewed bears probe again through key support zone Cable lost ground after recovery…

GOLD PRICE, CHARTS AND ANALYSIS: Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter MOST READ: Euro Area Core Inflation Prints Fresh…

Although it may sound counter-intuitive, typical use of Forex indicators can actually cause an inexperienced trader to lose money, rather than make money. However, if you are going to use one, the best Forex indicator is the RSI…

Looking for a reversal or a consolidation setup? Either way, I’ve got you covered with these chart formations on Cable and gold! Check out these inflection points being tested: GBP/USD 1-hour Forex Chart by TradingView First up is an…

Share: Considering advanced figures from CME Group for crude oil futures markets, open interest went up for…

AUD/USD ANALYSIS & TALKING POINTSAUD/USD got a lift from some very punchy China manufacturing dataBut its gains have faded outNext week’s Reserve Bank of Australia policy meeting is in focus Recommended by David…

Missed the channel breakout on NZD/CAD? You might still have a chance to catch a reversal on this quick pullback! Here are the levels I’m watching: NZD/CAD 1-hour Forex Chart by TradingView Thanks to the Bank of Canada‘s shift to a…