Uncategorized

USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131.57 before…

South African Rand, Dollar Latest:SARB (South African Reserve Bank) raises the repo rate by 25-basis points to 7.25% (below expectations of 7.5%).USD/ZAR digests commentary from the MPC (monetary policy committee) – load shedding and the…

Your trading account balance matters much more as you advance in your trading skill than when you’re beginning, yet in order to advance and learn you must risk real money, which in the early-days can be risky and lead to significant…

USD/CHF is downward biased but subject to a mean reversion move towards 0.9300. Solid resistance lies at 0.9235/40, with the confluence of technical indicators rejecting the USD/CHF rally. USD/CHF Price Analysis:…

Dow Jones Industrial Average, Nasdaq 100, Volatility and Event Risk Talking Points:The Market Perspective: Dow Range 34,600 to 38,200Equities begrudgingly advanced in the past US session, leading the Dow to a five-day advance that still…

We all need a little trading inspiration from time to time, what better way to get that than to ponder on quotes from some of the greatest traders of all time? I have read many trading books and biographies of famous traders that have…

EUR/USD faces a corrective decline and drops to 1.0860. The short-term bullish bias remains unchanged above 1.0690. EUR/USD retreats for the second session in a row and revisits the 1.0860 region on Friday. While…

USD/JPY Price, Chart, and AnalysisTokyo’s price pressures remain hot.USD/JPY trapped ahead of important US economic data. Recommended by Nick Cawley Download our brand new Japanese Yen forecast Annual…

Exiting trades too early is something many of you struggle with on a regular basis. I know for me, this was one of the most difficult trading mistakes to overcome. How many times have you exited a trade manually for a either a small win…

Last week, we were analyzing the S&P 500 and mentioned the most important line on the market – the long-term down trendline connecting the lower tops in the entire 2022. Traders worldwide were seeing this line and…