Although there is potential for profit and rewards, Forex trading is risky. Excessive leverage can ruin an otherwise profitable strategy. For this reason, investors should never trade Forex without a stop loss. Stop loss is…
Featured Posts Title
Recent Posts
Beginners Guide: 5 Reasons to Never Trade Without a Stop Loss.
GBP, CAD, EUR, USD Fundamental and Technical Forecast
Political Factors Lower GBP The GBP/USD hit a low of 1.2635 after the parliament election in the UK. While no party has an absolute majority, the Conservatives could continue governing. With 318 seats, May’s Tories…
Major Events – Forex Trading Week June 5 – 9, 2017
We are embarking on another busy Forex week. Let us have a look at the major events in the week ahead and recap some highlights from last week. Rate decision by ECB After reducing the…
Upcoming Forex Volatility Detected – Heavy Data Week | GBP, USD, EUR Outlook
USD Tight Range; Volatility Pending The USD was stuck in a tight range this past week and it staged reversal threat. Monday is a holiday in the United States which means that the markets are…
Fed Rate Hike & The Trend of Dollar Strength
The Fed minutes released on Wednesday indicated without any doubt that the US central bank remained on track for more rate increases as the year unfolds. In fact, most of the FOMC members want a…
Euro Forecast & Forex Trading Week of May 22-26, 2017
Euro The Euro surged today following comments by Angela Merkel, Germany’s chancellor, that the Euro was “too weak”. The Euro is looking overall bullish and hit a 2017 high today of 1.1262 against the Greenback…
Volatility on the Cable, USD Rebound
The USD Index has tanked all week but especially today during the early hours of the European session on Thursday. The Cable was one of the biggest winners against the Greenback initially, touching a new…
Greenback Falls Off a Strong Rally
Greenback – Victorious Week The U.S. dollar finally came out victorious last week on multiple fronts, ending up as the best currency in terms of performance for the week in perspective. It is more astonishing…
USD, Euro React To NFP, French Election. What’s Next?
NFP April Review: US Jobs Bounce Back Sharply The NFP official data for April was released and it came out much better than initially anticipated. This is an indication that the precious month’s discouraging data…
Yen Weakens, Dollar Outlook and A Week Of Powerhouse Market Events
Yen Weakens The yen weakened against the USD and Euro overnight as the demand for the safe-haven yen lowered in view of the recent rebound in global stocks and the decline in U.S. Treasuries. Technical…
