Crazy Strategy For Predicting Weekly Gaps on Friday.

Over trading is popularly known as an evil in the world especially in the Forex trading. Why is this so? Over-trading is kind of a malicious twin, it lacks confidence and in most cases it does not lead to direct losses. However, it can at times cost traders a lot of money because as a…

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EUR/USD Is Now Ready to Break High.

No sooner did the EUR/USD pair correct lower during the Asian session, than the strong buying interest rushed on a strategy and the same pair traded back near this month high at 1.1375. The Germany data was entirely mixed up. It had Retail Sales going down by 0.4% monthly basis in February, but strongly beyond…

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Learn How US Dollar Drops On Yellen’s Dovish Speech.

Back on Monday, the GBP/USD major recorded an upward hike. This was perceived as a direct reaction of the previous week’s sell off from the 1.4480 thresholds. Despite the absence of fresh news in regarding the Brexit in correlation with a weak US start, the pound never hesitated to make its point on Monday. The…

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How EUR/USD Struggles to Prolong Rally Ahead of Yellen’s Speech

EUR/USD was trying to prolong yesterday’s rally but had problems with doing so as economic data released today from the United States was rather awesome. Now, traders twisted their concentration to the upcoming speech of Federal Reserve’s chief Janet Yellen as her remarks may change the point of view for the dollar. S&P/Case-Shiller home price index had a rise by 5.7% in January (year-on-year), exactly as predictors had predicted and nearly at the same rate as in December (5.6%). Month-on-month,…

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