Retail sales are statistics you should follow in Forex trading to gauge consumer behavior in a given economy. As a trader, your success often hinges on your ability to analyze and interpret...
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In my last two posts, I wrote about the reversal possibilities of EURUSD and GBPUSD. Both currency pairs have enjoyed a big run against the USD, and I wrote about the likelihood of a near-term...
The Fed held rates at 4.50%, matching market expectations. Powell highlighted high uncertainty over the outlook, stressing that tariffs are a significant factor driving inflation...
Forex Forecast for March 18th, 2025 – EURUSD Overbought, Watch for Correction
The EURUSD is overbought in the short term and a pullback is likely soon. If prices can find the lower rising channel line an entry may present itself. The Euro rally is justified since Germany...
Knowing how to set a stop-loss is crucial to successful risk management in Forex trading. Setting a stop-loss is a plan to close a trade if it fails to move in the desired direction. It...
A Forex trading journal is one of the most effective tools for achieving consistent profitability and growth. Although some may view it as a tedious task, a well-kept trading journal can act...