TA of the Day: Is the Uptrend in GBP/USD Over?
Sterling has reached its highest level against the U.S. dollar in about two and a half years and can also be doing well against the euro. The pound’s rally is…
Financial Trading
5 Common Trading Biases You Might Be Unaware Of
Having trading biases can severely impair our ability to read the markets objectively and make good trading decisions. Step one to overcoming these biases is to change into fully aware…
Chart Art: EUR/NZD Long-Term Range Support
After getting rejected on its long-term range resistance, EUR/NZD now seems to have its sights set back on testing support. Will the ground hold again? Take a take a look…
TA of the Day: Bitcoin Fails to Hold Above 60,000! Will the Slide Proceed?
Bitcoin’s price didn’t hold above 60,000 on Wednesday.😔 The decline followed a transient surge after Federal Reserve Chair Jerome Powell’s recent speech at Jackson Hodl err Hole. The past three…
Methods to Use the Scientific Method in Trading
When you’ve listened in school back in grade school when the scientific method was taught, pat yourself on the back! Having a scientific mindset could provide you with an edge…
FX Watch: GBP/AUD’s Range for Australia’s CPI Report
I’ve got this straightforward GBP/AUD range setup on my radar ahead of Australia’s inflation report. Will we see a bounce or a break? Expectations are for a dip in price…
The right way to Stay in Sync with Changing Market Themes
It is commonly said that success involves those that embrace change. Successful businessmen, for instance, create recent services that cater to the ever-changing demands of consumers. The age-old saying, “The one…
Event Guide: U.S. Flash PMI Reports (August 2024)
We’re about to see among the first business activity indicators within the U.S. for August! What are traders expecting and the way can the U.S. PMI releases affect the dollar’s…
Chart Art: Is Spot Gold (XAU/USD) Ready To Extend Its Uptrend?
Spot gold prices took a breather after making latest record highs earlier this week. Is the commodity able to extend its uptrend after falling to a technical support zone? Today’s…
Why Do Part-Time Forex Traders Even Try?
Foreign currency trading is an after-work (or perhaps during work) hobby and happens if and when you’ve enough strength to maintain your eyes open. You haven’t gained the trading experience…