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The Bank of England is over today! Will Central Bank Event Extend EUR/GBP Downtrend Over Days? Or is she ready for a trip to higher interest areas? EUR/GBP 15-minute forex Planned by TV In case you missed it, EUR/GBP has been in a…

I see a steady bullish trend on the NZD/USD short-term time frame! will Release of US Consumer Price Index for April Shake things up a bit? As you can see from the chart below, the pair is already hanging out at the bottom of its…

Elaine is walking point butts today! Forex price action has been relatively muted in recent trading sessions as traders wait for it Keep a close eye on reports such as the US Consumer Price Index and the Bank of England's policy decision.…

With so many higher level catalysts this week, it was no surprise that volatility rose beyond the middle ranges and the steady stream of catalysts gave us some choppy price action. But we are very happy with the week, more often than not…

I see that the classic breakout and retest setup is already playing out on the hourly NZD/JPY chart. Is it too late to jump in or is there still plenty of room for the couple to climb? As you can see from the chart below, the price is…

Weak US data and banking tensions excited USD bears earlier this week! In case you missed it, the US dollar gave up most of its gains for the week after a report showed that US layoffs are growing to the highest levels since 2000 while…

More big moves could be in store for EUR/JPY as the European Central Bank (ECB) is expected to raise interest rates this week. Let's take a quick look to see why traders might jump in long EUR/JPY if the market goes down. EUR/JPY 1-hour…

It's been a busy week for forex traders, and here, we have three out of five of our featured forex strategies working well! Check out this quick review to see how price action and catalysts have played out! Forex week setup: AUD/USD -…

USD/CHF was respecting a downtrend line as early as mid-March. Then, 2 weeks ago, enough bulls appeared to defend 0.8860 and now the pair is playing a descending triangle on the 1-hour time frame. Will USD/CHF finally break out of its…

AUD/NZD broke a major support level this week! In case you missed it, the New Zealand dollar was one of the weakest currencies last week after a slower-than-expected CPI report encouraged speculation the RBNZ is following its peers by…