Category: Forex Trading Tips and Strategies
What is Forex Trading?
The forex market is the largest capital market, with more than 6.6 trillion dollars in notional value changing hands every day. The securities traded in…
USD/JPY Highly Overbought Following Dovish BOJ: Forecast
USD/JPY pair surged towards 20-year highs. The Bank of Japan (BOJ) left QE policy and interest rates untouched. Kuroda promised to continue purchasing government bonds….
Non-Experts Can Trade Forex
Foreign exchange trading, also known as ‘FX’ trading or ‘Forex’, entails selling and buying currencies. On the most basic level, citizens who exchange GBPs for…
On Fresh USD Weakening, The GBP/USD Pair Reclaims 1.3500
Despite falling around 1.3450 in the early European session on Thursday, the Pound rose sharply in the lead-up to the start of the United States’…
GBP/USD Softens After Reviving A Weekly High But Remains Highly Bid In The Vicinity Of 1.3265
The GBP/USD pair surged to a new weekly high, but it swiftly returned a few points and was last seen moving with very small intraday…
GBP/USD Hits New Daily High At 1.3245-50, Although Upward Potential Remains Restricted
With new bids coming into effect during the early European session, the GBP/USD pair surged to an all-time daily high in the previous hour, hovering…
Today’s Forex: Relatively Secure Trades Drive Markets
What you need to know about Monday, December 20 is as follows: The monetary markets are dominated by risk perception at the beginning of the…
Weekly EUR/USD Outlook: Weak Monetary Authorities Should Favor The USD
After three weeks of oscillating around 1.1300, the EUR/USD pair has slight gains going into the weekend but no clear direction. Holiday blues will hit…
EUR/USD Remains Stable At 1.1300 Prior To The ECB
Even though the Dollar is still defensive, the Euro continued to rise against the Dollar in early European trading on Thursday. Despite the fact that…
AUD/USD Price Assessment: The 0.7000 Level Remains Susceptible To A Retest
After finding some support defined by the 50% Fibonacci level of the 0.6993-0.7188 recent run higher, the AUD/USD pair saw some trading near the 0.7175-80…
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