forex

One of the reasons why many traders lack the accuracy needed to become consistently profitable is because many traders try to trade against the flow of the market. In other words, they are trading against the…

We’ve got Canada’s CPI readings lined up! CAD/JPY might be in for a big move from its triangle pattern today, so better keep your eyes on these inflection points. Before moving on, ICYMI, yesterday’s watchlist looked at USD/JPY pulling…

AUD/JPY is hitting a key resistance zone ahead of top-tier data releases! Will we see a breakout today? Or will the consolidation pattern hold for another day? Let’s take a look at AUD/JPY’s 1-hour chart for clues! AUD/JPY 1-hour Forex…

China, one of Australia’s largest trading partners, is dropping another set of economic data! Not only that, but the FOMC gang will be all over our charts this week as a few members share their policy biases and maybe give clues on their…

Whether you’re a seasoned forex trader or just a newbie, I’m sure that by now you’ve already come across a few generalizations about trading. But be warned! Some may have some truth to them but these three are nothing but myths. Here are…

Most forex pairs seem to be stuck in ranges for now, but it looks like the dollar is pulling back from Friday’s rally. Can this mean a bullish retracement for USD/JPY? Before moving on, ICYMI, I’ve listed the potential economic catalysts…

China, one of Australia’s largest trading partners, is dropping another set of economic data! Not only that, but the FOMC gang will be all over our charts this week as a couple of members share their policy biases and maybe give clues on…

Trend following and trend reversal strategies are good techniques for traders to make money out of the forex market. This is because if the market does trend, trend following traders could earn so much more than…

EUR/USD: Why the Dollar Rose ● We named the previous review "Market at a Crossroads." We can now say that it finally made a decision and chose the dollar last week. Starting from 1.1018 on Monday, May 8, EUR/USD reached a…

GBP/NZD is hitting the top of a key short-term resistance zone! Will today’s U.K. GDP release extend the pair’s downtrend? Before moving on, ICYMI, yesterday’s watchlist looked at GBP/USD testing a range support ahead of the BOE…