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Week Ahead in FX (Jan. 30 – Feb. 3): Focus Back on Economic Data
It’s gonna be a busy NFP week, as three central bank decisions are also coming up!
Not only do we have the FOMC statement, but we’ll hear from the folks over at the BOE and ECB, too.
Before all that, ICYMI, I’ve written a quick recap of…
XAU/USD bulls could emerge ahead of Federal Reserve
Gold price hourly chart shows that the price is being jammed into the lows of the day.
Gold price could see a short squeeze for the day ahead as traders get set for the Federal Reserve.
The Gold price has drifted…
3 Triangle Patterns Every Forex Trader Should Know
- Reviewed by James Stanley, Nov. 24, 2021Triangle patterns have three main variations and appear frequently in the forex market. These patterns provide traders with greater insight into future price movement and the possible resumption…
XAU/USD Bulls Tamed by Psychological Resistance
Gold (XAU/USD) Price Outlook:Gold futures retest $1,950 before easing back into narrow range.XAU/USD gaps on opening, diving the RSI deeper into overbought territoryUSD remains constricted in anticipation of the FOMC and NFP’s later this…
How To Set Yourself Up For Trading Success » Learn To Trade The Market
A wise man once said, “Luck is what happens when preparation meets opportunity”. However, many unsuccessful people seem to think luck is just something that happens by chance. To the unsuccessful person who is just hoping to “get lucky”…
Weekly Technical Outlook: Key Resistance Levels for Amazon, Polygon (MATIC/USD) And GBP/USD
Amazon, Polygon (MATIC/USD), and GBP/USD are hitting major resistance levels on their daily time frames!
Will we see rejections in the next few days? Or can bulls execute breakouts for them assets?
Let’s take a closer look at their…
XAU/USD seesaws around $1920s with traders bracing for US FOMC’s decision
Gold is subdued, though barely above its opening price, ahead of the Federal Reserve meeting.
United States last week’s data justifies the Fed’s case to slow the size of interest rate increases.
Gold Price…
Trading the Bullish Hammer Candle
- Reviewed by James Stanley, Nov. 24, 2021 The Bullish Hammer Candlestick Pattern: Main Talking PointsThe bullish hammer candlestick pattern is frequently observed in financial markets and, like many Japanese candlesticks, provides…
EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead
EUR/USD Price, Chart, and AnalysisGerman Q4 GDP misses expectations and turns negative.EUR/USD is back above 1.0900 ahead of major data and events.
Recommended by Nick Cawley
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Why Perfect Trading Is The Enemy Of Good Trading » Learn To Trade The Market
How much is enough? How much researching, chart-watching and just general thinking about your trading is harmful? How does doing too much trading related activity hurt your chances of trading success? In today’s lesson, we are going to…