#OPINIONLEADER# ByJin Dao Tai JUN 23, 2021 Yesterday, USD weakened against most of the major currencies except JPY and CHF. FOMC committee member Bowman will be speaking later at 2100 (GMT+8). Also, FOMC committee member Bostic will be speaking later at 2300 (GMT+8). D

What is a range-bound market? A range-bound market is one in which price bounces between a specific high price and a low price. The high price acts as a major resistance level in which price can’t seem to break through. Likewise, the low price acts as a major support level in which price can’t seem

Partner Center Find a Broker Start your trading week right by prepping for these top-tier catalysts and checking out my potential trade setup. Don’t forget to review which factors drove forex market price action last week, too! Major Economic Events: U.S. retail sales (June 15, 12:30 pm GMT) – The M

In this era when people all over the world are keen on making money, any kind of opportunity to make a fortune can attract countless fans. The financial market is no exception, take the most popular one - Bitcoin. In 2020, people are crazy about cryptocurrencies like Bitcoin, which also brought a fi

#OPINIONLEADER# ByJin Dao Tai JUN 16, 2021 Yesterday, USD strengthened against most major currencies except EUR, JPY and CHF. The retail sales m/m data released yesterday indicated a decline in consumer spending in May as more people are spending less on goods. Instead, they are

Now it’s time to put those Jedi divergence mind tricks to work and force the markets to give you some pips! In this lesson, we’ll show you some examples of when there was a divergence between price and oscillator movements. How to Trade a Regular Divergence First up, let’s take a look at regular div

#OPINIONLEADER# ByJin Dao Tai JUN 15, 2021 Yesterday, USD weakened against most major currencies except GBP, JPY and CHF. The retail sales m/m data will be released later at 2030 (GMT+8). Core Retail Sales m/m (Forecast: 0.4%, Previous: -0.8%)Retail Sales m/m (Forecast

#OPINIONLEADER# #Signal# ByLCMS Traders FX Analysis Team JUN 14, 2021 USD/CHF bulls are gradually taking control after having dropped to 0.8924 during the last week. Currently, the pair is trading at 0.8997 with immediate resistance levels at 0.9012 and 0.9028. Th

#OPINIONLEADER# #Signal# ByLCMS Traders FX Analysis Team JUN 9, 2021 USD/CHF remains vulnerable to the downside as bears push further below 0.9000. Currently, the pair is trading at 0.89644 with immediate support levels at 0.8648 and 0.8926. The intraday resistanc

#OPINIONLEADER# ByJin Dao Tai JUN 9, 2021 Yesterday, USD strengthened against most major currencies except CHF. The Trade Balance data (Actual: -68.9B, Forecast: -68.5B, Previous: -75.0B revised from -74.4B) released yesterday indicated a decline in goods and serv

#OPINIONLEADER# #Signal# ByLCMS Traders FX Analysis Team JUN 8, 2021 USD/CHF has once again moved below the 0.9000 level and is currently trading at 0.8970. The intraday support levels are at 0.8963 and 0.8942. The near-term resistance areas are at 0.9016 and 0.90

#OPINIONLEADER# ByLCMS Traders FX Analysis Team JUN 3, 2021 USD/CHF is once again trading above 0.9000 after making a low of 0.7930 during the last week. The intraday support levels are at 0.8985 and 0.8966. The intraday resistance levels are at 0.9022 and 0.9048. On the intrada

#OPINIONLEADER# #forexmarket# #ForexForecast# #ForexEducation# #USD/CHF# #PriceAction# Market commentary: The first one is weekly TF analysis and the below one is daily TF and we can see clearly the wave c) of Y

Now on to the good stuff: Just how profitable is each technical indicator on its own? After all, forex traders don’t include these technical indicators just to make their charts look nicer. Traders are in the business of making money! If these indicators generate signals that don’t transla

When trading, it can be helpful to gauge the strength of a trend, regardless of its direction. And when it comes to evaluating the strength of a trend, the Average Directional Index is a popular technical indicator for this purpose. The Average Directional Index, or ADX for