forex

The highly-anticipated BOE decision is coming up, forex fellas! Will the triangle support on GBP/JPY hold during the big event? Before moving on, ICYMI, yesterday’s watchlist checked out the bearish pullback on USD/JPY ahead of the FOMC…

Later today at 7:00 pm GMT, the Fed will publish its latest policy decisions. Word around is that Powell and his team will raise their interest rates by 25 basis points to 4.75%, which is pretty high but not as hawkish as the central…

A Fed decision on tap means we gotta watch major USD pairs! Today I’m looking at USD/JPY’s short-term downtrend. Before moving on, ICYMI, yesterday’s watchlist checked out NZD/CAD’s triangle consolidation ahead of New Zealand’s quarterly…

New Zealand is about to release its quarterly jobs report soon! Can this spur a big breakout on NZD/CAD’s triangle pattern? Before moving on, ICYMI, yesterday’s watchlist looked at the correction levels on EUR/AUD ahead of China’s PMI…

- Reviewed by James Stanley, Nov. 24, 2021Triangle patterns have three main variations and appear frequently in the forex market. These patterns provide traders with greater insight into future price movement and the possible resumption…

EUR/AUD is bouncing from its January lows! How can today’s market themes influence the pair’s intraday price action? Before moving on, ICYMI, I’ve listed the potential economic catalysts that you need to watch out for this week. Check…

Japanese candlesticks have been one of the most revolutionary innovations in trading. In spite of its simplicity, Japanese candlesticks had so much impact in technical trading. In fact, most traders today use…

EUR/USD: Next week: Five Days of Storms and Tsunamis ● It seems that the whole world celebrated the Chinese New Year last week. There was some volatility in all major currency pairs of course, but we got an almost perfect…

When it comes to New Year’s resolutions, most people have already fallen off the wagon by the end of January. Any fitness club owner will tell you that memberships go way up around the first week of the year but most people stop going…

We’ve got the U.S. core PCE price index coming up next! I’m hoping this could spur a correction on AUD/USD since the pair has been on a steady uptrend. Before moving on, ICYMI, yesterday’s watchlist looked at USD/JPY’s uptrend ahead of…