forex

Technical indicators are some of the most helpful tools for many traders. Although not everyone would agree with this, technical indicators could help traders make good trade setups when used properly. One thing…

GBP/AUD is trading in an uptrend! How will today’s retail sales and tomorrow’s Australian CPI release affect the pair’s short-term direction? Before moving on, ICYMI, yesterday’s watchlist looked at AUD/JPY’s trend retracement…

With not a lot of top-tier economic releases on the docket, forex price action is mostly dictated by market sentiment. Will banking concerns extend AUD/JPY’s short-term downtrend? Before moving on, ICYMI, I’ve listed the potential…

Price Pattern Trading is a basic technical trading strategy which many seasoned traders use. However, identifying such patterns is often quite daunting for newer traders, especially because identifying these…

Becoming consistently profitable in forex trading involves making pips, keeping them, and then repeating the process. Unfortunately, it’s not as simple as it sounds. Making successful trades is not just about having a fantastic setup. It…

Flash PMI readings are due from the U.K. and the U.S. in a few hours! Can these be enough to spur a triangle breakout on GBP/USD? Before moving on, ICYMI, yesterday’s watchlist looked at a pullback on NZD/CHF after the SNB decision. Be…

One of the reasons why many new traders find it very difficult to profit from the forex market is because they do not trade in the direction of the trend. In some cases, it is a matter of having a strategy that is…

Mean reversal trading strategies using a band or channel type of technical indicator is one of the most basic ways many traders trade the market. It is a simple trading method which assumes that price is either…

NZD/CHF pulled back to a key inflection point right after the SNB raised its interest rates! Will the pair see new intraweek highs today? Before moving on, ICYMI, yesterday’s watchlist looked at NZD/JPY approaching a falling wedge…

Remember when the Bank of England (BOE) said that it would look for signs of “persistent inflationary pressures?” Well, the U.K. recently printed its latest consumer prices and hoo boy did it surprise to the upside. Annualized CPI came…