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Session 9.2 -Technical Analysis Features

Here we elaborate further into the relation between technical analysis and price action through a series of real case studies. This session will show you the degree of predictability of

Slight Change of Context

Weekly Update (June 4th – 10th) Macroeconomic Outlook Two main factors need to be considered initially this week- -          Outcome in Italy o   More expected -          Outcome in Spain o

XAUUSD long term short signal

Monthly and Weekly charts essential for determining an intraday bias. In order to identify a bias, a thorough analysis must be done using as little analysis as possible. Simple is

IMS FX Review


EUR/USD on a Bullish Run Amid Stronger ZEW Economic Sentiment

The EUR/USD managed to gains positive traction and edged higher around the 1.1900 level mainly due to the broad-based US dollar. Thus, the broad-based US dollar weakness could be associated with the market risk-on mood, which was supported by the renewed optimism over a possible vaccine for the highly infectious coronavirus disease. Apart from this, the doubts over the US fiscal stimulus measures and upbeat China data also weighed on the broad-based US dollar, which keeps the EUR/USD currency pair higher closer to 1.1900 marks. 

How to Avoid Missing Out on Great Trades

If you have been trading for any period of time, you would have come across the scenarios where you have looked at the markets,...

USD/CAD Violates Choppy Session – Bearish Setup in Play! 

The USD/CAD pair was closed at 1.30060 after placing a high of 1.30288 and a low of 1.29860. The currency pair USD/CAD rose to1.3030 level in the early trading session but failed to remain there and started to decline on the back of US dollar weakness and the rising crude oil prices on Wednesday.

The Fundamentals of the Canadian Dollar (CAD)

The Canadian dollar, which is also known as the CAD, may not date back long in time like some other currencies (e.g. the British...

HQBroker Review

HQBroker is a Marshall Island based forex broker which is committed to providing a secure, beneficial, trading environment for its traders and investors. They...

Gold Sideways Pattern Intact – Brace for a Breakout! 

The safe-haven-metal prices flashed green and rose by 0.6% to $1,553.15, mainly due to fresh uncertainty surrounding the United States and China phase-one trade deal.

Ready to Trade Live? Ask Yourself These 5 Questions First

The transition from learning about forex trading to opening your first trading account can be an exciting one, as many beginners are eager to...

Technical Setup

DAX var tradingview_embed_options = {}; tradingview_embed_options.width = '640'; tradingview_embed_options.height = '400'; tradingview_embed_options.chart = '7KGJGqFt'; new TradingView.chart(tradingview_embed_options); DAX is reacging the end of the monthly triangle. As it tops the upper

FX Options Market Combined Volume Expiries for 25th June 2020

Thank you for visiting the Forex Academy FX Options market combined volume expiries section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large combined maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered 'in-play' with a good chance of a strike if labelled in red, still in play and a possible strike if labelled in orange and 'out of play' and an unlikely strike if labelled in blue, with regard to the likelihood of price action meeting the strike price at maturity.

EURAUD Reveals Strength Signals (UPDATE)

In our previous market analysis corresponding to EURAUD cross (read here,) we commented that the price action revealed potential raises, supported by the price action and confirmed by the RSI oscillator.

Macro & Fundamentals 1st, Trade Deals 2nd

Macroeconomic Update – Weekly Outlook (July 23 – 27) Markets closed with positive returns since they had a positive start due to the strong quarterly results reported by companies along

Things That Successful Forex Traders Would NEVER Say

We see all sorts of advice printed all over the internet about what successful traders do and what new traders do. With there being...

Daily FX Brief, October 09 – Major Trade Setups – Fed...

The U.S. dollar traded slightly bearish ahead of the FOMC meeting minutes report today. The downward trend was escalated when Inflation data from American session came on board.  The U.S.

Bear Continues its Domination

Chart EUR/JPY H1 Chart

NSFX Review

NSFX is regulated by MFSA (Maltese Financial Services Authority) so bear in mind that residents of the US will not be granted trading access. NSF is well established and has

The Trading Log: Key Component for a Pro Trader

At forex.academy, we understand that a trading record is a decisive component to be successful in Forex. That's why we took the time to create a free trading log on an Excel Spreadsheet. It was designed to present all the needed information at a glance. Here we present its guide.

Candlestick Charts and Its Advantages in Financial Trading

With the advancement of technology, retail trading in the financial markets has become popular among investors. Since unnumbered traders from all over the world invest in the financial markets, they

Daily Market Update: EU To Impose Tariffs On US, Great Britain...

   News Commentary     The European Union has threatened to impose new tariffs worth $300 billion if the U.S. moves forward with tariffs on European cars. President Donald Trump

Gold’s Bullish Breakout Setup Activated – Get Ready to Buy! 

On Thursday, the precious metal gold prices trade bullish as investors await clarity on Brexit following the European Union delayed a verdict on allowing Britain an extension. Considering the safe-haven

Taking Forex Trading as a Business

Forex trading is a hard business. A trader has to work hard to learn the algorithm of it as well as psychologically strong enough to apply them when it comes

Gainsy Review

Gainsy is a foreign exchange broker that was founded in 1998 and is located in Saint Vincent and the Grenadines. Gainsy incorporates their own...

Session 6.2 -Capital Protection & Risk Management

We elaborate further on risk management, stops and trailing, and percentage trading. We close with a good introduction to a very important aspect of trading: psychology! [video width="1920" height="1080" mp4="https

What is a Forex Deposit Bonus?

There’s a lot to compare and consider once you start looking for a forex broker. Account types, fees, and funding methods are some of...

Choppy Trading in USD/CAD – Brace for a Breakout Setup! 

Today in the early European trading session, the USD/CAD currency pair extended its previous session recovery rally and remains bullish around 1.3144 level, mainly due to the broad-based U.S. dollar strength, backed by the risk-off market mood. However, the reason for the prevalent risk-off market sentiment could be associated with the reports suggesting that the U.K. pharma giant, Johnson, and Johnson, stopped its COVID-19 vaccine trial due to an unexplained illness. This, in turn, underpinned the safe-haven U.S. dollar and contributed to the currency pair gains. The on-going uncertainty over the American stimulus package also weighs on the market risk-tone, which gives further support to the U.S. dollar and keeps the currency pair higher. 

FX Options Market Combined Volume Expiries for 14th October 2020

Thank you for visiting the Forex Academy FX Options market combined volume expiries section. Each day, where available, we will bring you notable maturities in FX Options of amounts of $100 million-plus, and where these large combined maturities at specified currency exchange rates often have a magnetic effect on price action, especially in the hours leading to their maturities, which happens daily at 10.00 AM Eastern time. This is because the big institutional players hedge their positions accordingly. Each option expiry should be considered 'in-play' with a good chance of a strike if labelled in red, still in play and a possible strike if labelled in orange and 'out of play' and an unlikely strike if labelled in blue, with regard to the likelihood of price action meeting the strike price at maturity.

U.S. Core PPI (YoY) reaching its highest level since 2012

Hot Topics: S. Core PPI (YoY) reaches the highest level since 2012. Volatility moves towards Europe. The pound rally continues due to the weakness of the dollar. Jinping reduces risks

Daily F.X. Analysis, January 17 – Top Trade Setups In Forex...

On Friday, China's industrial production rose by 6.9% in December, against the forecast figures of 5.9% by a significant margin to register the fastest rate of growth since March. Moreover, Retail Sales increased by 8%, beating forecasts of 7.9% growth, but remained unchanged from November. 

Daily F.X. Analysis, April 09 – Top Trade Setups In Forex...

On the forex front, the U.S. dollar stabilized against its major peers on Wednesday, as the ICE Dollar Index gained 0.2% on the day to 100.16. Eyes will remain on the German Federal Statistical Office, which is due to report February trade balance (16.5 billion euros surplus expected) and current account balance (17.0 billion euros surplus expected).

How Too Much Information Can Destroy Your Trades

It may seem a strange question, but people have asked this before: "Will too much information ruin your trades?" While it might be somewhat...

BlackStone Futures Review

BlackStone Futures is a regulated CFD South African forex broker that has been around since 2009. The brand is operated by BlackStone Futures (Pty)...

What leads a Breakout to be Nullified?

Price action traders consider the breakout as one of the most important factors. It is, once it is confirmed. However, momentum, overall psychology are essential aspects of breakout that less

USD/CAD Upward Channel to Support the pair – Brace for Buy...

The USD/CAD pair was closed at 1.33219 after placing a high of 1.33483 and a low of 1.32795. On Friday, the currency pair USD/CAD remained confined in a consolidated range throughout the day. The USD/CAD pair dropped in an earlier trading session on Friday amid the strong Canadian GDP and other economic data. However, the pair started falling in late session due to the declining crude oil prices on the day. Meanwhile, the US dollar was strong over the board ahead of the US Presidential elections and the strong macroeconomic data on the day.

178. Decoding The COT Report

In the previous lesson, we learned how, where, and when you can access the Commitment of Traders report. In this lesson, we will discuss the elements contained in the COT report. The CFTC prepares four COT report types: the Legacy Report, the Supplemental Report, the Disaggregated Report, and the Traders in Financial Futures report. For forex traders, the Legacy and the Traders in Financial Futures reports are of most importance.

‘Imports by Country’ – How Crucial Is It To Know About...

Introduction Currency values are critical for international trade and vice-versa. The exchange rates are directly influenced by changes in import and export composition, quantity, and...
video

How to trade the Swizz Franc! A Ruthless Safe Haven…

https://youtu.be/i2rVI0Grvc8