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…
Key Strategies for Success in Gold Trading
Gold was the most valuable metal in the past due to its cultural and economic value. Gold is an important part of the world’s financial measurement in the twentieth century…
Leveraging Machine Learning for Smarter Trading Strategies
For retail businesses, finding this advantage can be difficult. The pace is fast, the data is vast, and decisions need to be accurate. This is where machine learning (ML), a…
EUR/GBP Struggles Near 0.8350 as BoE’s Cautious Stance Sparks Downside Concerns
EUR/GBP is likely to weaken due to the latest UK economic report supporting cautious rate cuts from the Bank of England. ECB member Yannis Stonaras said the euro zone is…
Canada’s October CPI Expected to Remain Below 2%, Paving the Way for Further Bank of Canada Rate Cuts
Canada’s inflation rate is expected to rise by 1.9% annually in October. The Bank of Canada has cut its policy rate by 125 basis points so far this year. The…
