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GBP/USD – The Cable Pair May Resume Bearish Trend Again

Bearish View Take Profit: 1.2200 Stop Loss: 1.2350 Timeline: 1-2 days Bullish View Buy Stop: 1.2340 Take Profit: 1.2435 Stop Loss : 1.2250 The cable pair was seen forming 2 bearish patterns on the 4H...

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Forex News for 30 March, 2023

Contrary to the anticipated 1.8 million rise and previous 1.1 million accumulation, the EIA crude oil stocks revealed an unexpected loss of 7.5 million barrels. This implies a greater demand. The...

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EUR/USD – The Uptrend is Likely to Continue for the Pair With the Double-top...

Bullish View Take Profit: 1.0910 Stop Loss: 1.0800 Timeline: 1 day Bearish View Sell stop: 1.0800 Take Profit: 1.0700 Stop Loss: 1.0900 The EUR/USD pair did drop a little as a result of the positive US...

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Forex News for 31st March 2023

Janet Yellen, U.S. Treasury Secretary, has called for stronger regulations of the non-bank or “shadow bank” sector, which includes money market funds, hedge funds, and crypto assets, in her speech to...

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BTC/USD – The Bitcoin Pair Forms A Double-top Pattern, Giving Bearish Signals

Bearish View Take Profit – 26,525 Stop Loss – 30,000 Timeline: 1-2 days Bullish View Buy Stop – 28,500 Take profit – 30,000 Stop loss – 27,000 We saw the BTC/USD pair having some strong movements in...

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Forex News Roundup for 3rd April 2023

Last week, the NASDAQ 100 Index closed at a new 7-month high, after qualifying as a bull market earlier in the week, resulting in a strong finish for the US stock markets. However, the Nikkei 225...

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EUR/USD -Can Expect a Bearish Breakout Happening for the Pair

Short Position Take Profit: 1.0717 Stop Loss: 1.0925 Timeline: 1-2 days Long Position Buy Stop: 1.0880 Take Profit: 1.0950 Stop Loss: 1.0765 The pair made a significant comeback in the month of March....

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Forex News for 4 April, 2023

The likelihood of another 25 basis point rate hike at the May FOMC meeting has risen to almost 57% and is higher in Europe. Due to higher costs and slower growth abroad, sentiment among Japan’s...

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Cutting-Edge Forex Trading Instruments and Calculators

Introduction The process of forex trading is a complicated process which requires traders to make educated decisions in the light of analysis of the market and risk management and optimization of...

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A Simple Overview of Forex Trading

Introduction If we think of crowded markets, pictures of bustling stock exchanges, with traders shouting purchase and sell orders could be the first thoughts that come to mind. However, there’s an...

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Geopolitical Influence on Algorithmic Forex Trading: Strategies, Adaptations,...

Geopolitical events and tensions have a profound impact on global financial markets, including the forex market. With the rise of algorithmic trading strategies, also known as algo trading, the...

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Navigating the Forex Market: A Technical Analysis Toolkit for Informed Decisions

The foreign exchange market thrives on constant movement.  Technical analysis equips you with valuable tools to interpret these movements and identify potential trading opportunities. Find Out More...

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