Forex Pips and Lots Explained: Forex For Beginners
In this beginner forex trading video, I explain what pips and lots are in simple terms. This is something new for a lot of people so dont be concerned if…
Read More »US equity indexes extend gains, USD drops further
<p>Apart from what has already been posted to the site there is no fresh news. </p><p>ES, NQ and other indexes (futures) are higher on Globex trade. Currencies against the USD…
Read More »Gold Price Forecast: XAU/USD accelerates to near $1,680 as risk-appetite improves, Fed policy eyed
Gold price (XAU/USD) has delivered an upside break of the consolidation formed around $1,675.00 in the early Tokyo session. The precious metal has adv
Read More »EUR/USD Price Analysis: Bulls eye 50-DMA around 1.0100 inside falling wedge
EUR/USD renews intraday high near 1.0030 during the four-day uptrend to Monday’s Asian session. The major currency pair’s latest run-up could be linke
Read More »Swiss National Bank meet this week, a 100bp rate hike on the table – CHF impact
<p>The SNB policy decision is due on Thursday (see below for timings)</p><p>Via MUFG Bank:</p><ul><li>CHF has been the top performing G10 currency so far this month as it has strengthened sharply…
Read More »AUD/USD May Rebound as Chinese Lockdowns Ease Ahead of FOMC, BoJ
The Australian Dollar may rebound against the US Dollar this week as lockdowns in China ease, but the upcoming FOMC rate decision will likely dictate broader risk trends.
Read More »BOE under pressure as Truss vows to reverse the “Treasury Orthodoxy”
New King, new Prime minister, new Government , new Era …. The BoE had to postpone its rate announcement as the country mourns for Queen Elizabeth, which gave policy makers more time to…
Read More »GBP/JPY Price Analysis: Tumbles below 164.00, approaches the H4 head-and-shoulders target
The GBP/JPY drops for the four consecutive trading session, down by 0.86% on Friday, after Wall Street finished the last trading day with losses betwe
Read More »Events to Look Out for Next Week
A major thread running through the markets is how far will the CBs go to bring down price pressures. And currently is appears there is willingness to go a long…
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What If You Only Traded Simple Stochastic RSI Divergences? Crazy Profitable Results
Regular divergence used in the right way can be a powerful tool to give you an edge in the market. I tested simple stochastic RSI divergence for 100 trades in…
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