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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…

It's Friday! 🎉 But before we head into the weekend, here's a quick rundown of the week's featured forex strategies, how price action was affected, and lessons to take away. Forex week setup: GBP/USD - April 16, 2023 GBP/USD 1-hour chart…

This forex pair is still hovering above the short-term bullish trend line, and it looks like the Eurozone PMIs could trigger a move to the upside. Analysts expect to see slight improvements in the manufacturing sectors in both Germany and…

Gold price chart and analysisgold prices remain close to their highest levels in one yearHopes that there won't be too many price increases in the future support non-returning companies$2,000/oz is still a huge hurdle Recommended…