[SHOULD I WAIT FOR BEARISH ENGULFING TO CONFIRM BEARISH STRENGTH ](https://preview.redd.it/ib7b6mexhs671.png?width=1942&format=png&auto=webp&s=26abd453a39cfb46ad8af1955c2aacb2b704c46f) Read full article
The AUD/USD pair refreshed daily lows in the last hour, with bears making a fresh attempt to extend the downward trajectory below the key 0.7500 psych Read full article
The selling bias returned to the single currency and drags EUR/USD back below 1.1900 the figure on turnaround Tuesday. EUR/USD weaker, focuses on Powe Read full article
AUD/USD recovered slightly on Monday, but remains capped below the 200-day average at 0.7557 – let alone the “neckline” to the large top at 0.7587. An Read full article
EUR/USD strength stays seen as temporary ahead of a test of its uptrend from last year and 78.6% retracement of the March/May rally at 1.1833/23. Whil Read full article
The intraday selling around the sterling picked up pace during the early European session and pushed the EUR/GBP cross to fresh daily tops, around the Read full article
In opinion of FX Strategists at UOB Group, USD/JPY is likely to navigate within the 109.60-110.80 range for the time being. Key Quotes 24-hour view: “ Read full article
The NZD/USD pair bounced around 20 pips from Asian session lows, albeit lacked follow-through buying interest. The pair was last seen hovering in the Read full article
NZD/USD needs to clear the 0.7070 level to end the negative phase, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We noted yesterday tha Read full article
So i've come to athe conclusion i'm a pure geek that loves the charts and all my friends arn't nerds ahaha so i'm looking for some right minded people from anywhere in the world to discuss trading if anyone interested… Read full article
USD/CAD is seeing some fresh selling in early European trading, retreating from daily highs of 1.2386. The bulls take a breather ahead of Tuesday’s Fe Read full article
USD/JPY has found support along the 2021 uptrend line at 109.72. The pair is now set to consolidate before challenging the 110.97 March high again, Ax Read full article
The kiwi recovered on Monday as the USD pulled back and equities rebounded. Nonetheless, it is difficult to see the USD softening much amid hawkish Fe Read full article
The sharp drop in EUR/USD is in line with unwinding optimism to reflation. Economists at Danske Bank continue to see EUR/USD towards 1.15 over the com Read full article
The GBP/USD pair maintained its offered tone heading into the European session and was last seen hovering near the lower end of its daily trading rang Read full article
The USD/JPY pair has lifted back above the 110.00 resistance. However, USD/JPY perhaps is not the best expression for USD strength at this juncture gi Read full article
The US dollar rally is taking a short-term breather. Therefore, the EUR/USD pair should hold off the 1.1836/24 neighborhood, according to Axel Rudolph Read full article
The EUR/USD pair regained the 1.1900 handle on Monday but economists at OCBC Bank expect the recovery to be temporary. What’s more, ECB Chief Lagarde Read full article
Here is what you need to know on Tuesday, June 22: The upbeat market mood from the US last session extends into Tuesday, as the Asian stocks rebound f Read full article
EUR/GBP manages to gather some upside movement following the previous heavy sell-off on Tuesday. At the time of writing, EUR/GBP is trading at 0.8559, Read full article
AUD/USD pared the previous session’s gains on Tuesday. The pair opened higher, albeit fizzling out rather quickly to touch the low of 0.7512. At the t Read full article
Cable is now expected to trade between 1.3820 and 1.4020 in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “While we Read full article
FX Strategists at UOB Group noted EUR/USD still risks further declines in the next weeks. Key Quotes 24-hour view: “We highlighted yesterday that ‘des Read full article
USD/CHF edges higher on Tuesday morning in the initial European trading hours. The pair moves in a close trading range with almost 10 pips movement an Read full article
EUR/USD recovers from intraday low, pares daily losses to 0.07%, around 1.1910 heading into Tuesday’s European session. The major currency pair consol Read full article
The appreciative move in the US dollar keeps GBP/USD gains under check. The pair accumulated stellar gains on Monday after the heavy losses incurred i Read full article
USD/CAD edges higher in the Asian trading hours The pair rose near to the multi-month high on Monday, however, failed to sustain the gains. At the tim Read full article
The data has been so strong, it would be naive not to think the Fed wasn't moving closer to tapering over the past several months. It's all part of th Read full article
NZD/USD bounces off an intraday low of 0.6970 while licking its wounds, down 0.13% on the day, amid early Tuesday. The kiwi pair’s recovery from a sev Read full article
There are lot more reasons behind this. Let me clear you one by one—
24-hour trading, 5 days a week
Unlike other markets, forex trading doesn’t have to stop when the sun goes down. Since forex is traded all over… Read full article
Fed officials surprised financial markets last week when their forecasts showed they pulled forward their expected timing and pace of interest-rate increases, from the current near-zero level, while also kicking off a discussion of when to taper asset purchases from… Read full article
The Federal Reserve needs to specifically say it won't buy corporate debt anymore for some bond investors to believe its backstop for the sector isn't permanent, says Brad Tank, chief investment officer of fixed income at Neuberger Berman. Read full article
AUD/USD refreshes intraday low near 0.7520, down 0.11% on a day, while consolidating the previous day’s gains amid Tuesday’s Asian session. In doing s Read full article
USD/JPY is on the verge of an upside continuation having pulled back to expected daily support. The following is an illustration of how the time frame Read full article
EUR/JPY trades cautiously on Tuesday morning in the Asian trading hours. The cross constitutes a 20 pips movement with a negative bias. As of writing Read full article
One-month risk reversal for the EUR/USD, a gauge of calls to puts, snapped a two-day downtrend, jumping the most since May 07, for Monday, per the lat Read full article
AUD/JPY edges lower on Tuesday morning in the Asian session. After posting strong gains in the previous session, the pair seems to be consolidating ga Read full article
GBP/JPY eases to 153.50, down 0.12% intraday, in the latest pullback moves amid the initial hour of Tokyo open on Tuesday. It’s worth noting that the Read full article
USD/CAD remains sidelined around 1.2370, reverses the previous day’s pullback moves, amid Tuesday’s Asian session. The loonie pair stepped back from a Read full article
I've been trading small lots of Forex since early in the year. I personally believe I learn faster when real money is on the line so I didn't bother with a trial account. Since January I've made 315 trades with… Read full article
GBP/USD bulls take a breather around 1.3925, following the heaviest rebound in two months, amid Tuesday’s Asian session. The cable pair benefited from Read full article
AUD/NZD edges higher in the initial Asian session. The pair makes a consolidative move for the fifth straight session. At the time of writing, AUD/NZD Read full article
The selling interest in the US dollar keeps gains limited for USD/JPY. The pair moves in a narrow trade band with no meaningful traction. At the time Read full article
EUR/USD fades recovery from early April around 1.1920 during the initial Asian session on Tuesday. In doing to bouncing off a two-month low, the curre Read full article
Hi everyone I'm new in trading. One of my friend suggested me to trade in MT5 using DUP Forex broker account so i did it. I deposit around $5k and made some profit as well. But now I'm scared thinking… Read full article
AUD/USD bulls await fresh clues to extend the recovery moves from the yearly low around 0.7550 during the early Tuesday morning in Asia. The Aussie pa Read full article
Fed Chairman Jerome Powell on Monday said the central bank will support the economy for as long as it takes to complete the recovery. Read full article
New York Fed President John Williams said on Monday that the record demand for a Federal Reserve program that lets money market funds and other firms Read full article
Billionaire hedge-fund investor Ray Dalio says the Federal Reserve might find itself in a jam where it can't significantly tighten policy “without having a big, negative effect” on sensitive financial markets. Read full article
NZD/USD is opening in early Asia almost 1% higher as the bulls step in to correct, in part, the dollar's advance as risk appetite improved. On Wall St Read full article
What you need to know on Tuesday, June 22: The dollar corrected extreme overbought conditions but remains the strongest currency across the FX board. Read full article
GBP/USD bulls are back in town and target the 1.40 are. All eyes are not on the bank of England and the interest rate decision. GBP/USD is trading at Read full article
New York Fed President John Williams said Monday he expects inflation to return to 2% next year and says the spike in prices this year is temporary. Read full article
NY Fed Pres Williams, who is speaking at a banking conference, has stated that inflation is likely to rise to 3% this year before falling to near 2% i Read full article
Billionaire hedge-fund investor Ray Dalio says the Federal Reserve might find itself in a jam where it can't significantly tighten policy “without having a big, negative effect” on sensitive financial markets. Read full article
After closing in the positive territory last week, the USD/JPY pair started the new week under strong bearish pressure and dropped to its lowest level Read full article
GBP/USD is trading at 1.3930 and up nearly 1% having climbed from a low of 1.3786 to a high of 1.3934. The pound has recovered from its lowest level v Read full article
Following last week's impressive upsurge, the USD/CAD pair started the new week on the back foot and staged a deep correction. As of writing, the pair Read full article
"We think there will be a lot more volatility in the weeks to come," said Stephane Monier, chief investment officer at Lombard Odier. Read full article
"The US Federal Reserve will have no problem claiming substantial further progress in labor market repair by the time taper starts," St. Louis Fed Pre Read full article
First off, happy belated *farter's* to all fellow *farters* of the sub. I hope you all enjoyed the spoiling this past weekend (I had a few make up sessions haha).
Dallas Fed President Rob Kaplan and St. Louis Fed President James Bullard say they believe inflation will be higher than the Fed's 2% target next year. Read full article
After the USD rally of last week, pretty much all of the trends I was tracking using the trend identification method I've been using for a while (and shared in my previous posts) have been resetted. What I mean by… Read full article
"I didn't want to open the debate on tapering until the pandemic was more clearly under control but we're at that point now," St. Louis Fed President Read full article
