The Japanese yen has recently been in strong demand as a “safe haven” for investors on the topic of the risk off sentiments associated with the trade war between the US and China.
On the daily chart of the USDJPY currency pair, we see a clear downward long-term channel. Continue reading
Take a look at the 4-hour dollar index (USDX) futures chart. We see very strong consolidation in a narrow range (blue rectangle).
Traders are in a state of uncertainty about the future prospects of the US dollar. Continue reading
Trading in financial markets from levels (or zones) of supply and demand is traditionally associated with the methodology developed by Sam Seiden and his colleagues.
This methodology is extremely interesting for traders for several reasons. First of all, it is quite simple to understand and based on the basic principles of market interaction of supply and demand. It does not use complex technical indicators and, according to many traders, it provides significant advantages in the real trading of any financial instruments. Let’s delve into this methodology together. Continue reading
This video was posted on Twitter and caused a lot of perplexity.
Look carefully and note how long it took you to figure out where the cars disappear. Continue reading
For the first time in the last 10 years, the Federal Open Market Committee (FOMC) has decided to cut the interest rate by 0.25% to 2.25%.
Below is the full text of this historic decision. Continue reading
Technical analysis of the GBPUSD currency pair tells us about the current extreme degree of consolidation in this pair.
As a rule, there is a way out of any consolidation and it can be very volatile, which provides traders with good trading opportunities. Continue reading
If you decide to trade seriously and for a long time, then sooner or later you will have a question: how many monitors are needed and how to organize your workplace correctly.
In the photo above, you see the desktop of Linda Raschke, the author of the popular book “Street Smarts — High Probability Short Term Trading Strategies”. In this article I want to share with you my experience of working space organization for trading in the Forex market. Continue reading
The week before last week was marked by the most significant weekly decline in the US dollar index (USDX) for the entire last period of its growth. And this is more than one year.
During the entire last year, investors and speculators bought the US dollar at all its falls and were in profit. Continue reading
Trade wars, inversion of the US and Eurozone yield curves, slowdown of world economic growth provoked a new round of active discussion of the likelihood of a downturn in the global economy.
An avalanche of recession is ready to embark on its deadly path. So how real is the recession in the global economy? Continue reading
The US economy added only 75,000 jobs in May, which is more than 100,000 less than experts predicted.
A sharp slowdown in the growth of the number of jobs in May provoked a rise in traders’ expectations that the Fed would start lowering rates in July, lowering them an additional two times before the end of the year.
However, are the experts able to correctly predict the actions of the Fed in the future? Continue reading