The New Zealand dollar enjoyed good data coming out of the country but was limited by some risk-off sentiment related to Britain’s EU Referendum. The upcoming week features 3 local events and the big Brexit decision...

AUD/USD ended last week almost unchanged, closing at 0.7366. This week’s highlight is Unemployment Change. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. Australian Employment Change posted strong gains and beat expectations...

EURUSD: With EURUSD closing higher on a rejection candle the past week, a move higher in the new week could be building up. Support lies at the 1.1200 level. Further down, support comes in at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will target the 1...

COSMOS4U published the new optimized AdMACD Indicator parameters for the 25th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD and USDZAR...

Singers avoid cold water to take care of their vocal chords. Surgeons moisturize their hands after surgery to prevent dryness. Athletes go on crazy diets and fitness regimens to condition to their bodies. These high-level performers do this so that they can perform their best at what they do...

Losing streaks aren’t uncommon in the trading world. Every forex trader at one point or another hits a losing streak. Trust me, even the most consistently profitable pros have their slumps. A slump can start with anything...

When starting a new hobby or endeavor, it’s easy to get suckered into buying things that you think you need but eventually find that you don’t, at least not in the beginning...

EURUSD (Update from my last post May 28, 2016) - Trend-line Rejection after two weeks of retracement, Now we are looking for price action signal at lower timeframe to open buy position. Possible Target nearest resistance level @1.14600...

First, a review of last week’s forecast: – making a forecast for EUR/USD, both experts and technical analysis unanimously voted for a sideways trend with a bearish sentiment, which was 100% fulfilled – discrepancy between the levels of the beginning and the end of the week made just around 20 poi...

One of the more useful skills for forex trading is knowing when to press your advantage. Pressing your advantage may be in the form of increasing reward-to-risk ratios by adding to winning positions or even just logging in more trades...

Having a profitable strategy is only a part of what makes forex trades profitable. The other part? Execution. If you find that you’re having trouble with your trading mindset today, then this list is for you...

Setting expectations can be a wonderful tool for traders. They provide benchmarks to help us ultimately determine success and failure, and they also give us goals to work towards. However, we must be careful in setting our expectations...

Top Trade For Brexit Vote With the Brexit voting day of June 23, 2016 coming closer, it’s going to be an action packed run-up to the final. Click Here to continue...

GBPUSD extends to new highs. A week ago, there was a poll that sent the GBPUSD racing lower by 172 pips in 15 minutes. It looked like this.... That can wreak havoc with your trading and your P/L...

The UK’s EU referendum on Thursday (23 June) will be the main focus in the week ahead, but we also highlight other developments within the G10 FX bloc...

Our poll tracker is pointing to a 47% probability of Leave,and so we would assume the FX markets are pricing around this probability. There has been a strong relationship between the performance of GBP's TWI and the betting market probabilities and similarly with EURCHF...

Not to be confused with the Atlanta Fed GDPNow forecast. Maybe this is the Feds problems. Too many districts adding more confusion (and eroding credibility in the process...

Sneaks a peak above The GBPUSD has reached the 200 hour MA and snuck-a-peek above at the 1.43142 level. The high reached 1.43186 and currently trades at 1.4306. There are additional overhead levels against the 1.4335 dn 1.4349 where the 50% and the 100 day MA are found...

200 hour and 200 bar MA on 4-hour at the same area The EURUSD has extended up to the targets resistance ag. the 200 bar MAs defined by the 200 hour MA and the 200 bar MA on the 4-hour chart. Earlier in the US session , the 100 bar combo (hourly and 4-hour) held...

Moves away from 100 hour MA/Below 50% The USDCAD has moved to new session lows. The price of oil is on the rebound moving up from below $46 earlier today. The price is currently trading at $47.18 Looking at the hourly chart, the price sits between the pairs 100 and 200 hour MAs at 1.2887 and 1...