10 Trading Mistakes to Avoid in Forex Trading
Human error in the FX market is common and can lead to common trading mistakes. See the top 10.
Oil Technical Forecast: Oil Rally Floats into Trend Resistance- WTI Levels
Oil prices have marked fresh seven year highs for the past three weeks with WTI now eyeing uptrend resistance. The levels that matter on the weekly technical chart.
Gold Price Forecast: Weak US Data, US Dollar Spurring Rebound – Levels for XAU/USD
Gold prices have rebounded from rising channel support – as well as the descending trendline from the all-time high.
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD
The USD has been overtaken by a deluge of sell orders after last week's breakout, and some are even expecting a negative NFP print on Friday.
Canadian Dollar Outlook: USD/CAD Threatens January Uptrend- NFP Levels
US Dollar is threatening a third consecutive daily loss vs Canadian Dollar with USD/CAD now testing the January uptrend. Levels that matter on the technical charts.
Bitcoin (BTC/USD) Technical Outlook: Turn Lower May Be Near
BTC/USD bounce looks corrective in nature and has price up against resistance; a turn towards sub-30k may soon get underway.
Bank of England Preview: How Will The Pound (GBP) React?
Bank of England seen raising rates. Trading focus is on QT talk and tightening path.
US Dollar Outlook: Short-Term Shakeout Back Into a Zone of Support
The US dollar is trimming some of its recent excessive hawkishness and is slipping back into a supportive zone formed at the end of last year.
Euro Breaking News: EU CPI On the Rise, Core at 2.3% While Headline Hits 5.1%
EUR/USD climbs to 1.13 post-CPI as hawkish bets on tomorrow’s ECB meeting gain traction, while strong fundamental backing could see greater concerns around inflation.
Bitcoin, Ethereum Finds Major Resistance – Levels to Consider
BTC and ETH have retraced off January lows rather unconvincingly thus far. Major resistance and wavering risk sentiment highlight a potential bearish continuation