Forex Training

The market is saying from those failures, “I am unsure of the next major move”. Putting it a different way, the sellers had their chance to break and take it lower and they chickened out. The buyers had their chance to take the price higher and they chickened out. That is what the price action says. So we sit …
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While global money management may remain an issue, with significant fees attached, people have been trading in international currency for some time. Platforms such as IG enable global currency trading through numerous features, including a stop limit sell order example. A stop order is when the …
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Bitcoin is trading below $8000 and Ethereum below $500. Moreover, confidence was dented earlier this week as payment processor LitePay ceased operations, with Litecoin creator Charlie Lee having to apologise and vowing to “do better due diligence in the future”. Litecoin has since declined to $120 …
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EUR/USD was trading around 0.3% lower moving into the announcement at $1.2370. Following the dropping of the easing bias, the single currency soared, hitting a peak of $1.2446. However, through the course of the distinctly dovish press conference EUR/USD pared gains. With the help of upbeat …
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The price is currently trading bullishly at its highs, yet it is not far now from a reasonably long-term bearish trend line which is quite likely to halt the advance, at least temporarily, and possibly provide a short trade entry opportunity later. Until the trend line is reached and decisively rejected, I take a bullish …
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The downside breakout scenario on the South Africa 40 Cash Index has manifested, as marked with the red arrow on the chart. The bearish crossovers of the 20, 50 and 200 day simple moving averages (marked with the black arrow) reinforces a negative trend bias assumption. Traders not already …
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AvaTrade offers video tutorials, webinars, online video lessons and a glossary to familiarize beginners with forex trading. Language support is available in English, Italian, German, French, Greek, and Hebrew. The latter has earned AvaTrade a rating of AAA from the BrokerNotes service, also giving a …
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Thor Industries (NYSE:THO) is a leading manufacturer of recreational vehicles in the U.S. and Canada. On Thursday the stock rallied higher after the opening bell, trading as high as $127.50 a share. Unfortunately, since that high-pivot the stock has reversed lower and is now trading down by $4.56 to …
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Find out how the interbank compares with the technicals at 8 AM GMT. These are the Daily Trading Signals for Thursday. Euro/Dollar has mostly green indicators in both the 1 and 4 hour charts. Daily outlook shifts to neutral, which is backed up by the only 3% long interbank sentiment. The Cable has …
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All new and existing clients who have a validated trading account at XM with a minimum total balance of $200 (or currency equivalent) in all their trading account(s) and trade at least 2 standard round turn lots (200 micro lots) on Forex, Gold or Silver during the promotional period can take part in the …
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We await Europe, the UK and then US trade, although the economic calendar is light on there should be politics to come and perhaps some central bank speak. Bitcoin and the crypto complex had a poor weekend, BTC price down around 1000USD since Friday, continuing the late last week losses.
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Trade tensions, interest rate differentials weighing on the rallies (and a general risk off malaise!), while dips are seeing buyers looking at steady domestic data, gradual improvement. My bias is with the sellers but with plenty of two-way movement there should be something for the scalpy type buyers.
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