The Second Trading Quarter

The Second Trading Quarter
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Monthly Newsletter – Forex Psychology with Saira Khalid Welcome to the new quarter of 2015 starting afresh in April. This is your time to shine in the second Trading quarter. The Day light saving ends and the London open times are tradeable for most in the Australian market. Here is a guide to know the […]

USD Catches its breath, for now

USD Catches its breath, for now
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Forex Market News Finally some retrace and pullback in the USD.  It all started yesterday with the failure of the RBNZ, disappointing the market with its  inaction or  significant change in outlook. This sent the NZD higher, effectively starting the USD pullback. Throughout the Asian session the EUR tested and took out the option barrier […]

The Strong USD Rolls On

The Strong USD Rolls On
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Forex Market News Captain America is back!!! With a lack of anything new overnight or yesterday, the USD has continued its momentum higher.  We had an attempt at some USD pullback on Monday into the European trading session, however it didn’t take long for the market to pull the trigger and start buying USD. USDJPY […]

Strong Payrolls, Strong USD

Strong Payrolls, Strong USD
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Forex Market News US Feb Non-Farm Payrolls Change +295K v +235Ke US Feb Unemployment Rate 5.5% v 5.6%e That explains it all!   Strong US data sent the USD higher across the board. The market certainly got what it was looking for, although the wages growth component was slightly disappointing. UST yields rallied, oil traded heavily […]

ECB Acts, BOE Stands Pat, USD Rallies

ECB Acts, BOE Stands Pat, USD Rallies
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Forex Market News ECB Mario Draghi, as expected, announces the start of the ECB government bond buying program on March 9. Buying bonds with negative yields up to the Deposit Rate (-0.2%). Monthly purchases totalling €60B, targeting inflation in line with ECB’s 2% objective. EUR had an initial nasty spike above 1.1100, (that should probably […]

Global Equities Spoil the USD Rally, For Now

Global Equities Spoil the USD Rally, For Now
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Forex Market News Not a great deal to report after yesterday’s disappointment from the RBA ! Although the spike higher in the AUD in the preceding minute before the official release at 2.30pm has sparked some growing concern. The USD looked good at the start of the week but has once again stalled at the […]

RBA Action Day

RBA Action Day
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Forex Market News As usual we had a relatively quiet start to the week after some late action last week following an improved US core CPI, which put the USD back on the front foot. EUR led the way breaking through strong recent support at 1.1260 opening the door for another test of January’s low […]

Choosing an Effective Indicator

Choosing an Effective Indicator
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Forex Market News RSI – Relative Strength Index Stochastics MACD – Moving Average Convergence Divergence What to use, when and why? Not sure which technical indicator to use and when to use it? I get asked this all the time. Which one is the best or most effective? RSI, Stochastics, MACD? As a general rule, […]

Are you surviving or thriving?

Are you surviving or thriving?
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Forex Psychology with Saira Khalid Use Imagination to create your desired result in your trading accounts! In this month’s article I want to cover something I have been reading recently so much about and this particular book I have visited again and again in my life since 2001. I just happened to read it again […]

The Swiss Franc: Where to From Here?

The Swiss Franc: Where to From Here?
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Forex Market News As the dust settles from the surprise move from the SNB and volatility returns to the artificially capped currency, so do the trading opportunities. Instead of complaining or standing back in shock, now is the time to jump in and get busy doing your technical analysis and identify the setups. Generally when […]