forex

Dollar bulls had a strong run last Friday, but AUD/USD is pausing its slide at an area of interest. Will the upcoming U.S. catalysts spur another big move? Before moving on, ICYMI, I’ve listed the potential economic catalysts that you…

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Greed is one of the main reasons why traders lose money trading the forex market. Many new traders are lured to trade the forex market because of the huge returns that they see other traders get. Traders often…

Top-tier reports scheduled in the U.K. this week are giving us a chance to take a closer look at GBP/USD’s uptrend. As you can see, Cable has come a long way from its 1.1800 lows in early March. In fact, GBP/USD even started trading…

EUR/USD: The Dollar Continues to Sink ● The DXY dollar index updated a 12-month low last week, and EUR/USD, respectively, rose to a maximum (1.1075) since April 04, 2022. The US currency has been falling for the fifth week…

“Trade with the trend!” In my experience, this is one of the best trading advices that I have had. Trading with the trend simply means trading with the general flow of the market. In the bigger scheme of things,…

Softer U.S. producer prices fueled speculations of less monetary tightening from the Fed. Will the resulting risk appetite be enough to boost AUD against EUR and drag EUR/AUD from a pullback area? Before moving on, ICYMI, yesterday’s…

The U.S. dollar index (DXY) is not making new monthly lows despite signs of less tightening from the Fed! In case you missed yesterday’s headlines, you should know that the highly-anticipated U.S. CPI report showed the headline inflation…

Is the trend still our friend on USD/JPY? This forex pair seems to be in the middle of a correction, so I’d watch out for a potential bounce off these support levels. USD/JPY 1-hour Forex Chart by TradingView I’m seeing higher lows…

Australia just printed stronger than expected jobs data while the U.S. CPI turned out much weaker than expected. Can AUD/USD go for more gains from here? Before moving on, ICYMI, yesterday’s watchlist checked out AUD/NZD’s uptrend ahead…