Thanks to a heavy London session forex calendar, currency price action was choppy as traders reacted to a mix of good & bad reads from the European region.
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Data released from Japan this month still reflected economic weakness, hinting that the BOJ might need to ramp up its stimulus efforts once more. What could this mean for the Japanese yen's forex price action?
Now that traders have mostly priced in the Fed and BOJ's plans, it's no surprise that USD/JPY is stuck in a range. What do you think of this forex setup?
Now that we've covered how to create a basic forex expert advisor using the MQL Wizard, it's time to take things up a notch by learning how to make tweaks on the code itself.
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.
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?
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.