Guide to Designing Your Own Forex Trading System
Creating a successful forex trading system requires careful design and thorough testing. This process may take time, but the potential rewards are significant. Here’s a step-by-step breakdown to help More...
Technical analysis of Bitcoin / USD Forex
Technical analysis is based on one main principle – trend. The markets move in trends. Speculators and investors are hoping to buy a security at the beginning of the upward trend of low cost, benefit More...
How to Trade the Gap?
Gaps are areas found on charts in which there is a sharp upside or downside movement of a given financial instrument. It should be noted that between the two candles where you find the actual empty space there More...
The EUR/USD trades near 2-year lows after the GFK report stirs market anxiety
The euro remained under pressure on Friday, as the GFK consumer climate report came out below its previous value and below analysts’ expectations, making markets anxious about the perspectives in front of the More...
EUR/USD retreats following ECB Draghi’s warning of a slowdown in the euro zone recovery
The EUR/USD retreated on Monday, after ECB President Mario Draghi warned euro zone recovery is slowing down, and further momentum loss is possible. The euro slid gainst the greenback on Monday, following ECB President More...
The pain for the Australian dollar is not over yet
The Australian dollar lost about 4 figures against its US counterpart last week; further losses are expected due to the slowdown the Chinese economy is experiencing. The Australian dollar plunged to a 6-month low More...
The EUR/CHF trades close to its 3-week high on SNB negative rates warning
The Swiss National Bank warned investors that it had no restraints using negative interest rates in order to enforce the 1.20 EUR/CHF cap; the euro rallied against the Swiss franc as a result yesterday, and until More...
The Australian dollar rallies as jobs numbers beat expectations
The AUD/USD surged on better than expected employment report and decelerating inflation in China, while the NZD/USD erased earlier gains after the RBNZ left interest rates unchanged. The Aussie was pushed higher More...
The USD/JPY extends its rally despite slightly decreasing Japanese machinery orders
The USD/JPY momentum pushed the pair further north to more than 6-year highs; the US dollar retained its strength against other major currencies owing to bets the Fed would hike rates earlier than previously anticipated. The More...
The US dollar holds up to its gains in Asia
The USD sustained its impressive rally against other major currencies in Thursday Asian trading; the commodities complex faced further losses as a result of the greenback strength. Tuesday Asian trading witnessed More...
