Trading

Practice Makes Better In FOREX Trading

PRACTICE MAKES BETTER IN FOREX TRADING

Forex trading provides vast profit opportunities, but it is definitely not a get-rich-quick scheme. Just like other investment models, it takes some time and skills to actually earn money. A colossal mistake that many ne...
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AUDUSD LONG-TERM UPTREND CONTINUATION

 The Australian dollar has been in a strong uptrend against the US dollar, as seen on the 4-hour and 1-hour time frames. Price has made a strong break of a key resistance level recently, giving support to a potential lon...
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TRADING THE UK MANUFACTURING PRODUCTION REPORT

GBP/USD is still carrying on with its current uptrend, although the rallies have been subdued lately. A look at the daily time frame shows that while the pair is still safely above the rising trend line connecting the lo...
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SMALL PULLBACK ON USD/CAD?

 On Friday, Canada printed a stronger than expected jobs report for March. During the month, the economy added 42.9K jobs – nearly twice as much as the estimated 21.5K figure – and brought the jobless rate down from 7.0%...
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FUNDAMENTAL ANALYSIS FOR USD/CAD

There are plenty of dynamics that drive USD/CAD price action, perhaps a little more complicated than the rest of the major pairs. For one, aside from the usual fundamental reports that influence Loonie demand, the Canadi...
Trading

EUR/USD FUNDAMENTAL ANALYSIS: US JOBS MARKET

Price action for EUR/USD has been driven partly by monetary policy expectations for the US Federal Reserve. In recent interest rate statements, the US central bank has repeatedly emphasized the importance of seeing a rec...