Fibonacci Retracements are popular ratios used to identify potential reversal levels. These ratios are based on the Fibonacci sequence created by the famous Italian mathematician Leonardo…
1. NFP & FED To Keep Dollar In The Spotlight We are in for another data packed week with the USD due to receive the most…
1. Dollar Continues To Plummet The dollar edged even lower against its major rivals in early Friday morning trading, after bouncing slightly on some positive Trump…
Every trader knows that changes in the federal funds rate will always somehow affect the U.S. dollar, but the question is how? The market consensus that…
1. Dollar Stabilizes As U.S. Government Shutdown Continues The dollar regained some footing on Monday after slipping to multi-year lows last week on a U.S. government…
1. Oil Prices Drop On Rising U.S. Production Oil prices (USOIL) dropped this morning after news of a rise in U.S. production. It should be noted…
A positive trading mindset is one of the most important traits of a professional trader. A strong trading mindset enables a trader to continually work towards…
1. Will BOC Raise Key Interest Rates This Week? Canada’s recent data on employment and retail sales have suggested that the nation’s output gap is fast…
1. Euro Continues To Rally Against A Weaker Dollar The euro continued to edge higher today against a weaker dollar on Friday morning. EUR/USD peaked in…
What are forex trading hours? The forex market is open 24 hours, 5 days a week, but each day is broken into several trading sessions. The…
