January

EUR/USD: The Calm Before the Storm ● ● The DXY Dollar Index (the ratio of the USD to a basket of six other major foreign currencies) has been moving in a fairly narrow sideways channel since January 12. A small surge in…

AUD/USD declined below the 0.7000 and 0.6950 support levels. NZD/USD also declined towards 0.6365 and is currently attempting a recovery wave. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a fresh…

A popular trading expression is "the trend is your friend." This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due…