Economic Events Outlook, March 6 – How to Trade BOC Monetary Policy Decision?
Today's main events are the monetary policy decision from the Bank of Canada, crude oil inventories and ADP Nonfarm employment change... Full Article
Sell Signal in Gold, Encashing the Doji Pattern
Gold hit six months high earlier today as worries over global growth and a partial government shutdown in the United States... Full Article
Bitcoin (BTC) Gaining Support – is it Reversal or Retracement?
The BTC/USD is consolidating in a descending triangle pattern which is supporting the market near $3,375 along with hurdle at $3,600. It's.. Full Article
Early Morning Profits in Gold – Buckle up for Next Trade!
Gold has completed the 61.8% retracement at $1,204 and has formed aa shooting start candle right blow it. That signals a bearish bias of... Full Article
Weekly Update, Nov 5 – 9: Top Forex Setups & Economic Events Worth Trading This Week
On Monday, the market is very likely to trade with stronger dollar sentiment on better than expected job reports and hawkish FOMC... Full Article
Gold Testing Double Bottom – Is it Good Time to Jump in?
Gold is holding right above the strong support level of $1,216. The same level supported gold on Oct 18, which makes it a double bottom... Full Article
Loonie Standstill Ahead Of Interest Rate Hike – How to USD/CAD Today?
The USD/CAD is trading near $1.3080, having an immediate resistance near $1.3095. While the support can be found at $1.3065. Now we got to.. Full Article
Trading signal on GBP/JPY – Can we make 60 pips out of it?
During the early European session, we opened a GBP/JPY forex trading signal to open a buying position above 141.200 with a target of 141.80. Full Article
Crude oil stuck in sideways channel – Wait for breakout on EIA!
The crude oil slipped during the Asian session, pulled down by a report of risen U.S. crude inventories. According to the API report, the... Full Article
Working For A Proprietary Trading Firm: Pros & Cons
A proprietary trading firm is a company that hires individuals to trade capital on the firm’s behalf. Full Article
June 11 – Economic Events Outlook – A Busy Week Kicks In
Dollar played on the back foot over the uncertainty spread by G7 meeting on 8 - 9 June which ended not in a pleasant tone. This week... Full Article
Gold Looking to Take Grounds Near $1,291 Before G7 Meeting Today
The precious metal gold held mostly steady on as investors remained cautious ahead of a G7 meeting beginning later in the day... Full Article
Quick Update on Gold Trading Signal – 50 EMA In Play
During the late Asian session, we decided to open a forex trading signal to buy gold with a target of $1,295. Unfortunately, the market... Full Article
Crude Oil Trades below 23.2% Retracement while Investors await EIA Report
Today, we the investor's focus is likely to stay on EIA report as it may offer something to trade during the New York session. Here's the... Full Article
Choppy Trading In Gold – Get Ready to Profit Breakout On News
The precious metal gold is still consolidating in an asymmetric triangle pattern. It appears like the investors are confused between... Full Article