Forex

The GBP/NZD has reached the top of a major short-term resistance area! Will the UK GDP release today extend the pair's downtrend? Before we go any further, ICYMI, yesterday's watchlist looked at GBP/USD testing range support ahead of the…

The dollar is up pips across the board but the party may be just beginning for the pound! How will today's BoE decision affect GBP/USD's short-term range? Before moving on to ICYMI, yesterday's Watchlist looked at the USD/JPY short-term…

Have you ever heard the phrase "try and try until you succeed?" Well, I'll let you in on a little secret. Sometimes, this does not apply to trading. One of the common mistakes new traders make is over trading. Afraid of missing out on…

The US Dollar Index is testing the top of the short-term range ahead of the US CPI release! Will the dollar stay in its range? Or will we see a breakthrough today? Before we go any further, ICYMI, Yesterday's Watchlist checked short-term…

BoE decision taken this week, and we may see profit taking even after raising interest rates. If that is the case, the pound could be poised for a round of weakness against the New Zealand dollar, especially if New Zealand posts a…

Who else is looking to trade the US Non-Farm Payrolls release on Friday? If you are and haven't found a forex pair to trade yet, you'll probably love jumping on the uptrend in USD/JPY over the course of a month! Here is the hourly chart…

Another day, another US bank in trouble! Could liquidity issues send USD/JPY down too much before the NFP issuance? Before moving on to ICYMI, yesterday's watchlist looked at USD/CAD testing range levels ahead of Governor BOC Macklem's…

Even with the big dollar moves recently, USD/CAD is still stuck in a range! Will it bounce from those inflection points again? Before we go any further, ICYMI, yesterday's watchlist looked at EUR/USD breaking out of its channel ahead of…

Although losing trades are a normal part of the trading process, it is something many traders - both beginners and professionals - struggle with. I think the main reason why it is so difficult to come to terms with losses lies in the lack…

The RBA will kick off a week of central bank decisions, so you know we'll be looking at AUD pairs! Do you also see a consolidation that might put AUD/CHF in a better position for a short position? Before checking setup, make sure you know…