Forexlive America’s FX news wrap: US jobs data doesn’t live up to expectations
Forex news for North American trading on June 4, 2021 The US employment report showed a gain of 559K (with revisions of +27K) but that was not enough to satisfy those looking for tapering…
Read More »Find Your Forex Entry Point: 3 Entry Strategies To Try
Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.
Read More »Euro Forecast: EUR/USD Price Outlook Still Positive, 1.22 in Traders' Sights
April’s strong rally in EUR/USD still shows no sign of losing momentum and the pair could well extend its gains in the first week of May.
Read More »Don’t expect EUR/USD to retest the January highs – Morgan Stanley
Morgan Stanley’s latest EUR/USD forecast highlights the upside risk to the EUR/USD prices despite being neutral on the regional currency Euro (EUR). A
Read More »Euro Forecast: EUR/USD Outlook Tilted to the Downside in Week Ahead
EUR/USD has been climbing gently in the past few days after its recent steep falls. However, that was probably just position-squaring ahead of further weakness.
Read More »Economic calendar due from Asia today, Friday 2 April 2021, is nearly empty
Its a holiday across much of Asia, including for me! So, I won’t be around too much but will pop in from time to time. 2350 GMT will bring data…
Read More »Fibonacci for a Multi-Market Trader’s Approach
Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.
Read More »Euro Forecast: Prepare for Possible EUR/USD Break to the Downside
EUR/USD looks ready to break out from the relatively narrow range it has traded in for most of this month. It could go either way but the downside looks more…
Read More »GBP/USD Price Analysis: Bears attack 1.3800 on the break of 11-week-old support line
GBP/USD refreshes intraday low with 1.3802, currently around 1.3810, during its fifth day of declines on Tuesday. The cable recently broke an ascendin
Read More »GBP/USD Price Analysis: Bears battle two-week-old support line above 1.3900
GBP/USD picks up bids around 1.3930, up 0.06% intraday, amid the initial Asian session on Tuesday. The cable dropped during the previous three days be
Read More »