Greenback Gains Momentum on Virus Fears, Weak Chinese Growth

Greenback Gains Momentum on Virus Fears, Weak Chinese Growth
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As we have already covered on many occasions here on this blog, the US dollar (USD) – also known as “the greenback” – has been rising steadily now for well over two years. In particular, this has been true against the Australian dollar (AUD), which has seen a rather prolonged sell-off, frustrating Australian consumers but […]

Bitcoin Rallies Again Following Bullish Chart Pattern

Bitcoin Rallies Again Following Bullish Chart Pattern
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Bitcoin (BTC) is one asset we don’t touch on all that often here on this blog, but we’re going to make an exemption this week The fact of the matter is that even though most of our traders are active in the traditional forex market only, the skills they learn can be applied anywhere. And […]

Forex Trading Opportunities in February

Forex Trading Opportunities in February
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After the first month of 2020 has passed, it’s time to take a look back to see how our predictions for January worked out. Remember that trading is all about continuous work and improvement, and reviewing our past trades is therefore an important part of it. Although it is of course fine to take a […]

Swiss Franc Soars to Over 2 Year High – What Does It Signal?

Swiss Franc Soars to Over 2 Year High – What Does It Signal?
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The Swiss franc, perhaps the best-known safe haven currency among them all, has soared to new highs not seen since early 2017 against the euro, and highs not seen since September 2018 against the US dollar.  So, what is happening here, and why is this traditional safe currency haven so popular even when the US […]

Australia is being ravaged by the worst wildfires in history

Australia is being ravaged by the worst wildfires in history
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Australia is being ravaged by the worst wildfires in history. It’s a bushfire crisis that’s been likened to “looking into the gates of hell” 24 people across Australia have died, including several volunteer firefighters. 15 million acres of land have been burned down. Over 2,000 properties destroyed. Hundreds of thousands of our fellow Aussies have been displaced. […]

The Top 5 Forex Trading Mistakes – And How to Avoid Them

The Top 5 Forex Trading Mistakes – And How to Avoid Them
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We often talk about what you should do to become a successful trader here on this blog. Everything from getting professional forex trading coaching, to surrounding yourself with other traders, and focusing on mastering one trading strategy at a time. So, with all of that already covered by us in detail before. We thought it […]

The Time to Prepare For 2020 Starts Now!

The Time to Prepare For 2020 Starts Now!
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Regardless of whether you are just getting started in forex trading, or if you have already been in the game for a while, the end of the year is always a time to reflect. It is the time to reflect over what has happened over the past year, and how you should prepare for progress […]

Forex Trading Opportunities in December

Forex Trading Opportunities in December
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Forex Trading Opportunities in December While November was certainly an interesting month, the last month of the year is now coming up and perhaps we can expect the market to give us a few more clues as to what is to come next year. In this month’s market overview, we will go over what has […]

Global Financial Market News

Global Financial Market News
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Greenback weakness The US payroll figure last Friday really put a thorn in the FOMC’s side. Most of the Fed members have been very hawkish in recent weeks, culminating with Janet’s commentary that the data is good and we expect to raise rates twice this year. That is now unlikely to happen, not even one […]

Dollar gains vs Pound, Euro as Brexit fears rise

Dollar gains vs Pound, Euro as Brexit fears rise
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What does it all mean? A referendum will be held on the Thursday 23rd June. The public vote will determine whether Britain will remain part of the European Union or exit. Britain to leave the EU is extremely favourable amongst the British people as they believe the rules and policies that are imposed on its […]