US Doller Down to Two Months Low
US Dollar Hit to 2-month low, while GBP rose to a 15-month high On Tuesday, the US dollar experienced a decline, reaching its lowest point in two months. This depreciation…
Gold Slides and USD/CAD Rallies as US Data Offers the DXY Temporary Support
GOLD (XAU/USD), USD/CAD KEY POINTS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter READ MORE: GBP/USD…
Invest Ehub Review (FULL) ?- Is Invest Ehub a scam?
Introducing Invest Ehub Invest Ehub offers competitive trading services, and that seems to stand out. It employs a team of professionals, to ensure the ultimate experience in the markets. The…
What is manual Close in performance
Early Close a Running Trade Why do need a trade close early? Some common factors are as follows- Lack of Liquidity Liquidity is the main key factor that moves the market.…
Stock Market Rally Fizzles on Fed Monetary Policy Jitters
STOCK MARKET OUTLOOK: U.S. stocks give up strong early morning gains and take a turn to the downside amid monetary policy uncertainty The Nasdaq 100 erases a 1.5{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} advance and…
How to Think Outside of the Box in Forex
You’ve probably heard this phrase a lot of times and you haven’t manage to understand it. Also, even though you manage to understand, you don’t really find a way to…
EURUSD Technical View Ahead of FOMC & NFP
EURUSD reacted from the weekly Support 1.1107. The pair retested the daily low 1.1107 and manage to close above the support. According to the Weekly View, the pair is facing…
S&P 500, Dow Jones & Nasdaq 100 Charts: Buyer Beware, Looks like Just a Bounce
SP 500/Nasdaq 100/Dow Jones Technical Highlights: SP 500 rallied to trend-line, just shy of 200-day Dow Jones bounced from support, another test could come soon Nasdaq 100 also rallied to…
Gold Price Forecast: XAU/USD ETF Holdings Continue to Buoy Outlook
Despite a week in which risk assets like the S&P 500 posted gains, ETF data reveals gold and silver demand remained robust, which could help to keep price afloat in…
Forex for August 30, 2019. Prediction and Analysis
EUR/USD (Last Price: 1.1050) SELL First, Entry = 1.1047, SL = 1.1087, TP = 1.1007 if hit SL, then BUY, Entry = 1.1087, SL = 1.1047, TP = 1.1127 GBP/USD…
Understanding the Market Rhythm
An ordinary forex trader will go out and learn technical analysis, fundamental analysis, and sentiment analysis, as all the books and online courses are saying, but only a few go…
EURUSD is Retracing The Bullish movement. Can go Up again ?
EURUSD reacted from the weekly Support 1.1107. The pair retested the daily low 1.1107 and manage to close above the support. According to the Weekly View, the pair is facing…
EUR/GBP Technical Analysis: Euro Prices Awaiting Range Breakout
EUR/GBP Technical Analysis EUR/GBP appears to be transitioning into a consolidation mode for the time being Upper boundary of the range around 0.89394 while the lower one is near 0.88108…
Midday Forex Prediction For August 30, 2019
EUR/USD (Last Price: 1.1041) SELL first, Entry = 1.1046, SL = 1.1086, TP = 1.1006 if hit SL, then BUY, Entry = 1.1086, SL = 1.1046, TP = 1.1126 GBP/USD…
Australian Dollar Battered Amid Market Turmoil Faces RBA and GDP
The Australian Dollar has got two huge economic data points on the schedule this week, but they may have to stray far from expectations to loosen overall risk appetite’s grip.
Ahead of NFP our Trading Positions
Ahead of August Nonfarm Payroll (NFP) report today the dollar is trading with a comparatively strong. ADP survey data were also surprised that private sector added 237K whereas the expectation…
Should You Rely on RSI in Forex?
The Relative Strength Index is probably one of the most popular price indicators and it is being used by those traders who are at the beginning with forex trading. However,…
NZD/USD Technical Analysis: Double Top Forming Below 0.69?
NZD/USD Technical Strategy: 0.6785 New Zealand Dollar bounce cut short at familiar resistance level RSI divergence suggests that a double top may be in in the works Short position remains…
NZD/USD Rallies on Mixed RBNZ Guidance- Orr Testimony in Focus
The testimony with RBNZ Governor Adrian Orr may continue to shake up NZD/USD as the central bank warns that the next move in the cash rate ‘could be up or…
Forex for February 14, 2019. Prediction and Analysis
EUR/USD (Last Price: 1.1270) SELL First, Entry = 1.1250, SL = 1.1290, TP = 1.1210 if hit SL, then BUY, Entry = 1.1290, SL = 1.1250, TP = 1.1330 GBP/USD…