Forex Videos

News and data releases are considered to be leading indicators for the economy. They provide us with an idea of direction in which the economy is heading towards. It is because of this, they have the power to turn the market around at any point throughout the day. So, what you might see is huge spikes in the market at the time of the release. One thing you must consider is that it has the news […]

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 18th session. Bitcoin/USD — As you can see, Friday was negative again, we did only lose 2%. So, that is a little bit of a victory in the sense, that it was not as violent as it has been. But I think at this point, the fact that we could not get more of a bounce, we could not get […]

Oil traders have started the new week on an upbeat note. Investors are waiting for the meeting over the OPEC+ deal in Vienna on June 22nd. The Brent Crude Benchmark has come off the low of $75.50 per barrel and is trading above $74. Analysts suppose that the crude price will return to the Friday positions. This week, the OPEC member and non-member countries will hold a meeting, where they will discuss their […]

Traders decided to avoid big bets as fresh news from Washington and Beijing puts investors on edge. The trade conflict between the two largest global economies has nearly reached the boiling point. On Friday, the White House said it would proceed with plans to impose steep tariffs of 50 billion US dollars on Chinese goods. In the weekend, Beijing vowed to make a retaliatory response. Amid the escalating trade dispute between the US […]

On Friday, before the opening of the New York trades, the greenback was still holding near highs after downward correction. The US dollar index lost around 20 pips coming off 95 levels. Experts linked the decline to concerns over the trade war between the US and some other countries, including China. Trading sentiment towards the greenback was still unclear even after some macroeconomic publications from the United States. […]

Trendlines are one of the favorite trading tools, reliable, and always easy to use. Trendlines are used when the market is moving up or down. They can be used over a larger period of time, or over a shorter period of time. Trendlines are counter-trend in nature. When the price is dropping, a trendline will help us decide to take a long trade, and when the price is rising, a trendline will help us […]

Economic indicators are snippets of financial and economic data published by various agencies of the government or private sector. These statistics, which are made public on a regularly scheduled basis, help market observers monitor the pulse of the economy. Besides economic indicators, there are a few simple guidelines necessary to track, organize, and make trading decisions based on the data. Know exactly when each economic report is due to be released. Keep […]

Today, oil prices are trading under pressure amid speculation that the participants of the OPEC+ deal will decide to ramp up production of Crude Oil. Currently, Russia and Saudi Arabia hold negotiations aimed for taking control over stability in the oil market. But bearing in mind their intentions to get back to the previous output levels, investors expect that the meeting, that will take place in Vienna on the 22nd of June, will […]

For new forex traders, one of the best ways of learning the profitable techniques is to see them in action. However, every forex trading beginner does not have the benefit of having a forex mentor. Such individuals, fortunately, have the option of signing up with forex signal providers and see their skills at work while making money. Forex signal providers will send technical signals to your trading system for a small monthly […]

Today, Asian traders corrected the US dollar against the Japanese yen. They were focused on outcome of the Bank of Japan policy meeting. The Bank of Japan decided to retain the short-term interest rate unchanged at -0.1%. Besides, the policy makers kept the intention to buy government bonds in a volume of 80 trillion yen annually. Nevertheless, they indicated moderate growth of the domestic economy and consumer inflation. Interestingly, one of the officials voted against the ultra-easy monetary […]