forex

US DOLLAR FORECAST:U.S. dollar begins the week on the back foot as risk assets leap higherAll eyes are on the Fed’s Semiannual Monetary Policy Report to CongressPowell is expected to appear before Congress on Tuesday and Wednesday. If the…

I’m seeing a potential countertrend opportunity on the short-term chart of CHF/JPY. But could this pair have a shot at extending its rallies past these near-term resistance zones? Before moving on, ICYMI, I’ve listed the potential…

Most traders would want to trade at points where the market reverses. Doing so means more profits for the least amount of risk. Traders who are able to catch price as it reverses tend to squeeze the most profit…

EUR/USD: Pause in the 1.0600 Zone ● On Thursday, March 02, the DXY dollar index broke again through the bar at 105.00 points but could not stay there. As usual, the dollar was supported by an increase in US government bond…

This is a professional "Risk Management Expert Advisor" specially designed to negotiate the NASDAQ Index in Accelerated My Forex Funds accounts. Its trading logic is based on the "Peaks and Valleys" price action setup which…

Talks of a rate hike pause by this summer has weighed on USD across the board. Will today’s U.S. ISM services PMI bring USD/JPY back up to its intraweek resistance? Before moving on, ICYMI, yesterday’s watchlist checked out USD/CHF’s…

If you would look at the different types of trading strategies, you would notice that there two common themes among these strategies. Strategies are either reversal strategies or continuation strategies. Most…

Missed the channel breakout on NZD/CAD? You might still have a chance to catch a reversal on this quick pullback! Here are the levels I’m watching: NZD/CAD 1-hour Forex Chart by TradingView Thanks to the Bank of Canada‘s shift to a…

Trend reversals are excellent trading opportunities. It allows traders to profit from the market as price action starts to reverse against an established trend. This type of market condition provides the…

The Greenback has been on a steady climb over the past few trading sessions, so how long will the rallies last? Will this near-term resistance level on USD/CHF keep gains in check? Before moving on, ICYMI, yesterday’s watchlist looked at…