Dollar domination was the name of the game during the U.S. forex trading session, as investors went back to pricing in a Fed rate hike this year.
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Let's zoom out and take a look at the potential swing setups on the longer-term charts of EUR/NZD, USD/JPY, and NZD/JPY!
It was a good day for me as I was able to grab a cool +14 pips off of one trade. See how it all went down in today's Cowabunga Surf Report.
With recent bearish sentiment bias revving up on the Kiwi, I thought the turn lower on NZD/CAD may be an opportunity to go with fresh forex momentum.
And the RBNZ joins the doves! In their latest policy statement, New Zealand central bank officials dropped their hawkish bias, pushing the Kiwi lower against its forex counterparts.
With most central banks shifting to a more downbeat bias, I'm thinking the RBA could also take a dovish tone in their next policy statement. That's why I've decided to take this short AUD/CAD forex trade!
Spotted a simple technical forex setup on AUD/JPY that plays into the longer-term trend higher and has a positive carry.
Positive thinking alone might not be enough to translate to forex trading success. Here's why you should focus on constructive thinking instead.
Nearly a couple of weeks have passed since the SNB surprised the markets by scrapping its franc peg and causing a bit of chaos in the forex industry. How are brokers and regulatory agencies dealing with the aftermath?
Not surprisingly, the system gained tons of pips from EUR/USD last week. Here are results for both EUR/USD an GBP/USD last week.
Greetings, earthlings! I'm back with another article on the basics of creating a forex expert advisor. Let's start with a little assistance from the Gandalf of forex robots... the MetaEditor Wizard!
In this forex video, I share the new pairs on my Radar as well as a handful of open positions.
Just in case you’ve been stranded in outer space for the last several weeks, you probably didn’t realize the price of oil has been heading south.