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The USDCAD pair remains within a sideways range, with the Canadian dollar occasionally showing a tendency to strengthen. Recent DES data revealed that Canadian households have become more affluent. In...
Here's your daily 60 seconds trading tipIn this video, I share one of my favorite Price Action Trading Strategies for forex - Round Number Trading
The British pound is drifting on Wednesday. In the European session, GBP/USD is trading at 1.2784, down 0.06%.UK GDP Expands 0.2% in JanuaryIt wasn’t a spectacular rebound but the UK economy...
Bullish: We are currently @ 189.37 in a channel in a range. We are looking to continue the channel to the ATR target @ 1190.12. There is a further 0.214 Fibo target @...
An important Bank of Japan meeting is around the corner and Interest rates may go up finally. Meanwhile, the US CPI continues to stabilize above 3%. USDJPY Tests an important zone in the 146-147 yen...
USD/JPY trades sideways in anticipation of next week’s key eventsUSD/JPY’s correction halted a tad above the 200-day SMAMomentum indicators support the bearish trend but with less...
The Japanese yen has looked sharp lately but is considerably lower on Tuesday. In the North American session, USD/JPY is trading at 147.75, up 0.55%. The yen has rallied for five straight days,...
Bearish: We are currently @ 1.6504 in a channel in a range. We are looking to continue the channel to the ATR target @ 1.6428. There is a further S5 target @ 1.6366 ...
The British pound has extended its losses on Tuesday. In the European session, GBP/USD is trading at 1.2799, down 0.26%.UK Job Market Slows DownThe UK labor market has remained resilient despite...
The British Pound is losing ground against the US Dollar for the second day in a row as pressure mounts on fresh UK employment data.Data for February showed a rise in Claimant Count by 16.8K - the...
The USD/JPY pair has begun to rise, reaching 147.33. This shift follows five consecutive sessions of yen appreciation without interruption.Firstly, the US dollar has halted its rapid decline and shows...
Friday's employment report caused a mixed reaction in the markets, with an initial surge of optimism followed by a deterioration in sentiment as we delved into the details of the release. The...
The U.S. Dollar continues to be the most powerful currency in the world. And for this reason, it’s also the most watched.When the dollar is on the move, it can have an effect on the various...
Bearish: We are currently @ 160.56 in a channel in a range. We are looking to continue the channel to the ATR target @ 159.80. There is a further day chart target @...
Last week, the dollar faced selling pressure, reaching its lowest level in 7 weeks after the nonfarm payrolls data. Concerns about potential interest rate cuts by the Fed led to a correction, but...