The Importance of a Proper Trading Plan A proper trading plan is one of the most important tools a trader can have. While many beginners focus on finding the perfect indicator or strategy, experienced traders understand that long-term success...
EUR/USD on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors The biggest event hanging over the dollar today is US CPI, due Wednesday. Traders are using the inflation report to reassess the Federal Reserve’s rate outlook,...
GBPUSD H1 Chart Review: We will continue to operate a forex trading firm this week, as both of us will be away on Saturday and Sunday for business - related events. Since a number of currency pairings have seen comparable fluctuations this week, my...
Technical and Fundamental Analysis of the USD/CAD Pair USD/CAD remained under pressure on Tuesday, trading near 1.3935 as the Canadian dollar benefited from stronger crude oil prices and a resilient domestic economic backdrop. The pair stayed close...
GBPUSD Trading Analysis: Early on Friday, UK retail sales fell short, causing the GBP/USD to hit a fresh intraday low of 1.34995. The Cable pair seems to be supported by recent hawkish comments made by Bank of England (BoE) Governor Andrew Bailey...
