Forex Blog
EUR/USD Rallies, Retreats Later amid Confusing News
Fri, 13 Dec 2019 15:39
EUR/USD Keeps Gains After ECB, US Data
Thu, 12 Dec 2019 14:53
EUR/USD Climbs After FOMC Signals About No Rate Changes in 2020
Wed, 11 Dec 2019 21:34
Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $6.6 trillion. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor.
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Fri, 13 Dec 2019 15:39
Thu, 12 Dec 2019 14:53
Wed, 11 Dec 2019 21:34
Fri, 13 Dec 2019 17:21
The euro today fell against the US dollar erasing most of yesterday's gains, which were driven by the Conservative Party's landslide win in the UK elections. The EUR/USD currency pair today traded sideways before plunging lower in the early American session as the greenback rallied higher boosted by positive trade headlines.
Fri, 13 Dec 2019 14:59
The New Zealand dollar climbed intraday as reports about a phase-one trade deal between the United States and China put markets into a risk-on mode. Currently, though, the kiwi has lost its gains versus most of its major rivals, trading either flat or slightly lower.
Fri, 13 Dec 2019 14:16
The Great Britain pound soared today after the landslide victory of the Conservative party in the UK election. With Conservatives securing a majority in the House of Commons, chances for disorderly Brexit fell dramatically, though hard Brexit remains a possibility. Currently, the sterling has trimmed its gains but is still trading far above the opening level.
Fri, 13 Dec 2019 15:09
Copper futures are trading at their best levels in seven months, but they have taken a bit of a breather to finish the trading week. The red metal’s...
Thu, 12 Dec 2019 16:25
Natural gas futures are rallying on Thursday after the US government reported the fourth consecutive weekly decline in domestic inventories. But natural gas prices...
Wed, 11 Dec 2019 20:23
Gold futures are surging at the end of the Wednesday trading session as the Federal Reserve left interest rates unchanged and signaled no moves next year....
Fri, 13 Dec 2019 17:02
In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the December 13th session.
USD/JPY — The market was bullish on Thursday session. This was due to the tweets by Donald Trump related to
Fri, 13 Dec 2019 16:55
In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the December 13th session. EUR/USD — The trading session was volatile on Thursday, but the market did not do anything significantly. The 200-day EMA and the 1.12 level could cap all the rallies. So, fading them, and looking for signs of exhaustion to sell them is the way to play this market at the moment. The statement by Christine Lagarde, the ...
Fri, 13 Dec 2019 16:49
This is part 3 of the series. In this video, you will learn about single candlestick pattern. You can use this pattern to identify potential reversals in the market and look for trading opportunities. This pattern consists of a single candlestick. Some examples, include, hammer, shooting star, spinning top, and inverted hammer. You can also use this pattern for trend continuation....