NZD/USD Outlook: Challenges Key Resistance at 14-Day EMA and 0.5900 Amidst Channel Break Attempt
NZD/USD is testing the upper limits of the downside move at 0.5920. The bullish sentiment will be confirmed when the 14-day RSI breaks above the 50 level. The 14-day and…
Why You Can’t Trade Like Goldman Sachs or the Federal Reserve
Back in the 90s, when Nasdaq trading was still done by humans, I remember a particular stock that started trading in the morning like many stocks at the time, but…
Silver Price Analysis: XAG/USD Challenges Key Resistance at $30.50
The daily chart shows that silver prices are likely to switch from a downtrend to an uptrend. The main resistance is seen at the 9-day moving average at $30.76. The…
From Mystery to Mastery: Understanding Order Flow in Trading
Order flow refers to the continuous process of buying and selling orders moving in and out of a particular market. As you read this, someone is clicking “buy” and someone…
EUR/JPY Outlook: Retreats Toward 159.50 Amidst Descending Channel Pressure
The EUR/JPY crossover could lead to further declines when analyzing the daily chart for possible trends. A correction will be normal when the 14-day RSI drops below the 30 level.…
The Impact of Position Sizing on Trading Success
The other day, Alpha Trader contributor and must-follow Twitter personality @donnelly_brent made this observation: – There are times in trading when you have to take on a task that is…
44 Essential Rules for Success in Forex Trading
I first stepped into the trading world in 2008 and after 10 years of trading I have learned many lessons and the 44 principles of successful traders. To learn how…
EUR/USD Outlook: Bearish Momentum Persists Below 1.0500
EUR/USD recovered losses near 1.0475 in early European trading on Monday. The negative sentiment on the pair remains stable below the 100-period EMA and the RSI indicator is in a…
Tips to Boost Your Profit Potential in Forex Trading
To become a successful Forex trader, you first need to know the best trading methods and get educated on how to trade successfully on your trading platform. The best way…
USD/CAD: Short-Term Momentum Slows, Approaching Neutral Territory – Scotiabank
The Canadian dollar (CAD) was little changed on the day. Sean Osborne, chief currency analyst at Scotiabank, said weakness in stocks contrasted with a stable market while short-term cash flows…
