The US dollar has been weaker in recent sessions and a lot of this has been attributed to fallout from last week’s abysmal US industrial production print the worst in over ten years the discouraging manufacturing update could only serve to embolden. The U.S. administration’s protectionist soft dollar agenda and this has resonated with currency…
We come into Thursday with risk correlated effects under pressure clearly feeling the stress associated with renewed uncertainty around the us-china trade deal outlook we’ve since seen a softer round of economic data out of China and disappointing employment report in Australia that shouldn’t be doing anything to prop investor sentiment either and yet. US…
GBPUSD SELL @1.2822 OR CMP TAKE PROFIT 1.2720 STOP LOSS 1.2880 BEST OF LUCK SHARE TO OTHER’S SL HIT – 78 PIPS
We’re going to look today at what moves forex prices higher what’s moves forex prices lower we’re going to begin very generally and then just gradually move into slightly more specific areas so to start let’s talk about supply and demand. How that can affect a currency so let’s look at this one way to…
XAUUSD/GOLD SELL @1506.61 OR CMP TAKE PROFIT 1 1496.00 TAKE PROFIT 2 1475.00 STOP LOSS 1526.00 BEST OF LUCK SHARE TO OTHER’S BOTH TAKE PROFIT HIT 1496.00 AND 1475.00 SHARE TO OTHER’S MUST READ :7 Benefits of Forex Trading-Forex Factory Signals
What I consider to be the majors but I should point out that there is no definitive list of the major currency pairs some people say that there should be a seventh pair on the list which is New Zealand dollar against the US dollar and indeed as you’ll see when we look in trading…
NZDJPY BUY @69.18 OR CMP TAKE PROFIT 70.20 STOP LOSS 68.65 BEST OF LUCK SHARE TO OTHER’S
NZDUSD BUY @0.6335 OR CMP TAKE PROFIT 0.6570 STOP LOSS 0.6230 BEST OF LUCK SHARE TO TOHER’S
We looked at some trading examples of going long a Forex pair and going short what you also need to take into account when you’re trading the Forex position is the cost of holding the positions what we’re going to do is going to start off by looking at the pound against the US dollar…
USDCAD SELL @1.3213 OR CMP TAKE PROFIT 1.3100 STOP LOSS 1.3290 BEST OF LUCK SHARE TO OTHER’S CLOSED USDACD TRADE @1.3130 EARN +83 PIPS
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