Trade Closed: USD/CHF Fib Short Play

Trade Closed: USD/CHF Fib Short Play

Partner Center Find a Broker Dollar selling picked up not too long after going short USD/CHF last week, enough to hit my max target in just a few days. Here’s a quick review. USD/CHF Fib Short Play USD/CHF Daily Forex Chart Last week, I decided go short USD/CHF on rising speculation in the Fed futures…

5 Ways You Can Trade Forex Like a Hunter

5 Ways You Can Trade Forex Like a Hunter

Partner Center Find a Broker In many trading-related books we often see the markets become associated with a jungle. And why not? Every day traders battle it out with animal references such as the bulls and the bears, the hawks and the doves, and the wolves and the sharks. The markets can also be unpredictable,…

Daily U.S. Session Watchlist: AUD/JPY

Daily U.S. Session Watchlist: AUD/JPY

Partner Center Find a Broker AUD/JPY hits the top of our watchlist to start the new week with the highly anticipated RBA interest rate decision around the corner. What are the expectations and will the downtrend hold? Intermarket Snapshot Equity Markets Bond Yields Commodities & Crypto DAX: 11750.19 -1.18% FTSE: 6605.04 +0.37% S&P 500: 2958.58…

Precious Metals Monday 02-03-2020

Precious Metals Monday 02-03-2020

Gold The gold market has witnessed a recovery over early trading on Monday following a large sell-off last week in response to the cross-market impact of the ongoing COVID-19 outbreak. The reaction in gold has confounded many players over the last week. Despite the heavy sell-off across risk assets last week, gold saw a reversal…

The Week Ahead in FX (Mar. 2 – 6)

The Week Ahead in FX (Mar. 2 – 6)

Partner Center Find a Broker Start your trading prep with an overview of catalysts lined up for the major currencies and the charts to watch this week. Major Currencies Overview First up, here’s a rundown of how the major pairs performed in the past week: Major Forex Pairs Price Performance USD It’s NFP week once…

USD Weekly Forecast (Mar. 2 – 6)

USD Weekly Forecast (Mar. 2 – 6)

Partner Center Find a Broker The start of another month means we get to trade the dollar during NFP week! Here are themes you should pay attention to if you’re trading the dollar in the next few days: Leading indicators for the NFP release ISM’s manufacturing PMI (Mar 2, 3:00 pm GMT) is expected to…

Stock collapse – Forex Alchemy

Stock collapse – Forex Alchemy

Consumer sentiment is still close to the level of post-recession, but it will not remain so if the coronavirus spreads to the United States or closes large areas of the global economy. Only time will tell how bad the situation will be. Consumers, however, are paying much more attention to the potential threat, and the…