Eyes Set on Forex Majors To Slip This Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we took a look at the setups we devised for the major currency pairs last Friday. A quick look shows that many of the majors have retraced quite a bit, but have provided opportunities to enter short.
Last…
Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of the trades that were taken this week along with analysis for trades to take next week. We have continued our high accuracy trading this week as out of the seven trades called, only one resulted…
USDCHF Profits + The Yen Ready To Buy?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took shortly before the FOMC press conference. We then discussed trade setups for AUDJPY, NZDJPY, CADJPY, and EURJPY.
During yesterday's live session, we completed technical analysis…
Markets Await FOMC Economic Projections
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a complete overview of the FOMC press conference that is occurring later today at 2:00 PM EST. Most of the financial markets are awaiting this all-important press conference as it will not only include…
NZD Profits + Bearish Outlook for FOMC
Forex Trading Analysis, Live Trading Room, Market OpinionIn today's live trading session, we went over the profits made from our trades taken yesterday. We then explained why we have a bearish bias for the major currency pairs in relation to tomorrow's FOMC rate decision.
During yesterday's session,…
Trade Setups for FOMC Week + New Zealand Reopens
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a brief overview of the possible trade setups for the week. We took note that this Wednesday is the FOMC rate statement and that many of the major currency pairs may consolidate until then.
Eyes are…
Factors Affecting the US Dollar (USD)
MediaThe first step to minimizing risk in forex trading is to understand the factors that drive currency prices. In this article, we’re going to take a look at the recent decline of the USD and what may be causing it.
COVID-19
It’s been almost…
Weekly Profit Recap (+300 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of the trades that we took this week to gain +300 pips. We then discussed the Non-Farm Payroll release and how that may affect trade setups for next week.
This week was another great week as…
1.9 Million US Unemployment Claims + GBPNZD Shorts Continue?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fundamental news that occurred earlier this morning. We then completed technical analysis to find trades to enter before the week comes to a close.
Early this morning, the European Central…
US Oil Long Profits and Trade Setups for NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live Forex trading session, we went over the present status of our US Oil long trade that was taken yesterday. We then discussed the ADP employment numbers for the US economy and trade setups for the Non-Farm Payroll release this…