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My Top XAU/USD Trading Setups: Gold Signal on the 4H & Daily Chart! Credit: Trader Nick Source: https://www.youtube.com/watch?... #forextrading#

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.99; (P) 105.25; (R1) 105.61; Intraday bias in USD/JPY remains on the upside at this point. Rebound from 104.00 would target 55 day EMA (now at 106.02). Sustained break there will raise the chance of bullish reversal and target 106.94 resistance for confirmation. On the downsid

NZD/JPY Price Analysis: 3:1 R/R setup to the upside

This is a developing story NZD/JPY is showing signs of bullish potential for a day trade. Bulls will look for a restest of the support structure for a run higher.  NZD/JPY has made a move to the upside following a healthy correction of the hourly impulse. This gives rise to the prospects of furthe

Westpac & AUSTRAC Agree on $1.3B Proposed Penalty for AML Breaches

Photo: Photo: Bloomberg The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced this Thursday that it has come to an agreement with Westpac to implement a $1.3 billion proposed penalty over the Australian bank’s breaches of the Anti-Money Laundering and Counter-Terrorism Financi

Oil Near $42 After Warnings on U.S. Economy and Crude Demand

(Bloomberg) -- Oil fluctuated between gains and losses in London following warnings over global energy demand and the state of the U.S. economy.Crude in London traded near $42, swinging with global markets as a rout in stock markets eased. The outlook remains cautious though, after Federal Reserve o

China has a new richest person, with Jack Ma dethroned

(Bloomberg) -- A bottled-water and vaccine tycoon has become China’s wealthiest person in a day also marked by massive losses among the world’s tech elite.Zhong Shanshan’s net worth reached US$58.7 billion on Wednesday, US$2 billion more than Jack Ma’s, according to the Bloomberg Billionaires Index.

EuropeFX now supporting PayPal deposits

EuropeFX has made funding trading accounts easier than ever with the new support from PayPal. Traders are continuously demanding more of their brokerages in 2020 than ever before. For its part, EuropeFX has listened to its clients and is now supporting PayPal as a new means of deposit for all trad
Understanding the candlestick in trading can increase your winning rate.

USD/JPY defies pullback from six-month low to attack 104.50 amid Tokyo’s second holiday

USD/JPY fails to extend recovery moves beyond 104.84. Virus woes, Sino-American tension weigh on the risk-tone sentiment. Policymakers from the Fed, RBA and ECB speak dovish as hopes of economic recovery wanes. Off in Japan, a light calendar can restrict the counter-trend moves unless any surprises.

Covid-19, unmasked

There was not a mask in sight Saturday afternoon on the Ocean City NJ boardwalk (pictured above) even though it was packed with strollers, including your editor. Although it's not possible to tell from the picture which are political liberals and which are conservatives, it's probably safe to say th
21 Sept

WTI buyers attack $41.00 amid US-Iran tension, escalating virus woes

WTI remains heavy below 50-day SMA, drops from $41.18 to begin the week. Trump administration to sanction firms tied to Iranian arms embargo, Tehran says US faces defeat. Coronavirus resurgence poses serious challenges to Europe and some parts of Asia. Hopes of further stimulus, China’s optimism fav
19 Sept
【Price Action Trading: The Power Of Line Charts Ignored By Most Traders】(Credit: Rayner Teo Source: https://www.youtube.com/watch?...) #PriceAction# ...
18 Sept

Dutch Jobless Rate Rises Further

The Dutch unemployment rate continued to increase in August, data from the Central Bureau of Statistics showed on Thursday. The ILO jobless rate for the 15-75 year age group rose to a seasonally adjusted 4.6 percent in August from 4.5 percent in July. The pace of increase in the rate has slowed. Bet
17 Sept


#USD/CAD# DXY come back, hold long UCAD
17 Sept

Hurrah for GBP/USD!

It was great to finally see some positive action in the GBP/USD pairing as it surged to 1.300, and wrapped up the day in the 1.2960 levels. This came about after the UK offered tentative concessions on fisheries during negotiations with the EU. This positive sentiment was strong enough to overcome t

Pull-up Update