NZD/JPY Heading for a Price of No Return

By: Brian Thomas

There have been several indications technically that the NZD/JPY is overbought at this recent run-up price near 81.00. Traders who need a leg up in the market should pay close attention to this pair this week in my opinion. The monthly target has yet to be hit and it is a tempting trade indeed. Great […]

USDCAD long term trade plan with 2,000+ pips of opportunity

By: Marcelo

USD/CAD has been making higher highs and higher lows since February 2011 on the monthly time frame. This year, the pair has been trading on an upward channel and price is currently at support zone of the channel, signifying that we should be waiting for a clear direction on the smaller time frames. On the […]

EUR/USD 500 pip Trading Opportunity Over the Next Weeks

By: Marcelo

Hello again! This is Chris Ness, writing to you with what are my favorite trade setup for this upcoming couple weeks. Based off of the score carding process that I use at the core of my trading methodology, I believe that shorting EURUSD could be the best place to allocate money for short-term profit potential. So […]

600 pip outlook for NZDUSD | Weekly Forex Analysis

By: Marcelo

Welcome back for another great trading setup for this week and next. Based off of the score carding process the Kiwi is at a -5 while the Dollar is a +4. I believe that shorting NZDUSD could be a high-quality trade to allocate your money. First, we want to determine the direction this pair is […]

U.K Election and Pound Crosses: Trading Opportunities

By: Rick Quinn

On April 18th, U.K. Prime Minister Theresa May called for a General Election–three years ahead of schedule–for this Thursday, June 8th. The general election allows the British public to vote for local representatives (a member of Parliament or MP) and the leader of the party with the most MPs is asked by the Queen to […]

Understanding the Market Movements of the Nonfarm Payroll

By: Alan Paul

Forex traders tend to pay considerable attention to what is happening in the financial markets. It is worth noting that what is happening within an economy is equally important as are the sources of economic data. This is why traders will also spend time looking at economic indicators including the gross domestic product, housing stats […]

Why the UK Parliamentary Election Will Affect the Forex Market

By: Nathaniel Stought

Every time there is some change in any government, there will fundamentally be a ripple effect on the Forex market. The snap UK parliamentary election has just concluded, and the big question is, what does this mean for Forex and investments? Let’s take a look at what has happened with the pound over the last […]

What to Consider When Choosing a Forex Broker – Part 2

By: Alan Paul

In our first article, we discussed the importance of using a Forex broker that is regulated in the jurisdiction of your home country, and how the release and adoption of the FX Global Code will create even greater confidence among retail traders new to the Forex market. I also said that beginning traders want to […]

How I Choose a Forex Broker: Part 1

By: Rick Quinn

One of the first concerns for new traders in the foreign exchange markets involves deciding which broker to use to facilitate trading. Whether they articulate these concerns explicitly, most traders care about a few core issues. In summary, they want to know: Their Money Is Safe: Traders want to know that when they deposit their […]

Breaking up or down? EUR/JPY could bring traders 400-800 pips

By: Kristen Cervone

EUR/JPY – Will it break up or down?  EUR/JPY has recently made higher highs and higher lows and is currently seated on a consolidation range of about 160 pips, with long-term capital down A 132.281, B 115.482. Currently, the pair has reached the .618 Fibonacci retracement level, which leads to the D Fibonacci level at […]

Using a Forex Volatility Indicator

By: Charles Green

One of the most challenging aspects of Forex trading for novices is dealing with the aspect of currency volatility. Currency volatility is defined as the measure of price variation in the Forex. There are a number of techniques to deal with both large and small price variations in currency pairs. Adjusting the Amount of Leverage […]