10 Common Forex Trading Mistakes to Avoid
Human error is widespread in the forex market and often results in well-known trading blunders. These trading errors often occur, especially with new traders. Having an awareness of these mistakes might make traders more effective in their forex trading. Despite…
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Chinese Yuan Eyes Economic Data as USD/CNH Surges
APAC, MARKET SENTIMENT, CHINESE DATA, USD/CNH, CHINESE YUAN, and TECHNICAL OUTLOOK - TALKING POINTS After US stock indexes decline, risk-off trading is expected in the Asia-Pacific region. The August economic statistics for China will be released when the USD/CNH increases.…
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4 Global Market Updates- 16 September, 2022
In this article, we have covered the highlights of global market news about the USD/CHF, USD/CNY, EUR/USD and the EUR/GBP. USD/CHF approaches weekly high; bulls anticipate sustained gain over 50 DMA. On Friday, the USD/CHF pair attracts new bids and reaches a brand-new weekly high…
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Find Your Forex Entry Point: 3 Entry Strategies to Consider
WHAT IS AN ENTRY POINT FOR FOREX? The level or price at which a trader begins a transaction (buy/sell) is known as a forex entry point. A trader's choice of a forex entry point might be difficult due to the…
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USD/JPY: Japan’s Worst Monthly Trade Deficit, FX Intervention
FX INTERVENTION OR PERSONNEL FROM JAPAN CONTINUED TO "JAWBON"? Strategist Nick Cawley emphasized an increased sense of urgency from Tokyo regarding unwelcome volatility in the foreign exchange markets in yesterday's Japanese Yen report. Additionally, Reuters claimed that the Bank of…
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