Rally in Crude Puts Yen in Favour
Oil’s rally will hold for some time, short USD/JPY amid risk poor risk sentiment
Sneak Peek: RBNZ Could Signal Further Easing Amidst Trade War Escalation
RBNZ could hint that they are looking for further easing amidst escalation of the US-China trade war. NZD/JPY could fall further.
Sneak Peek: Can a Stronger NFP Save the Dollar?
With risk sentiment shifting towards risk-off, a stronger NFP will only provide a better short entry. USD/JPY could break critical support at the 106.80 price level.
Sneak Peek: Two Major Events to Whiplash USD/CAD Tonight
Both Powell’s testimony and Bank of Canada’s monetary policy announcement are happening tonight. We should expect huge volatility in USD/CAD.
Copy Tip of the Week – How to Filter Out Strategy Providers Using Demo Accounts
In the forex trading scene, it’s often normal for new traders to first start with a demo account before switching to a Live account with real money. There are three advantages to using a demo account:
Copy Tip of the Week – How to Filter Strategies Using “Percent vs Pips” Graph
The “Percent vs Pips” graph plots the percentage growth versus the number of pips earned on specific dates. For example, on every specific date, we are able to see the pips earned and the growth on...
3 Ways to Fail Your Way to Success
We heard a rumour that there is a recipe for disaster. Ingredients that can produce an unfavuorable result if used by anyone. Most people – if not all – have made habits of them without even...
Sneak Peek: USD/CAD Could Rise If BOC Focuses on Trade War & Not Economic Data
BOC could hold rates and reiterate cautiousness amid the trade war chaos and weaker oil prices. USD/CAD could close above 1.3500.
Australia Expected to Cut Rate Within 6 Months
Aussie has been selling off in every RBA easing cycle. If history repeats itself, short AUD/USD.
