It has been providing continual opportunities. I like to trade consolidation breakouts on the daily, 4-hour, and hourly charts. The following is a 4-hour chart. TradingView The USDMXN, at the top of …
Therefore, we’re looking for downside pressure early in the session. The main trend is up according to the daily swing chart. However, momentum is trending lower. A trade through .6581 will change the …
The main trend is down according to the daily swing chart. The trade through .6849 earlier in the session reaffirmed the downtrend, setting up the AUD/USD for a test of the next main bottom at .6838.
EUR/USD is operating on slippery grounds, having printed a weakest daily close in over two years on Wednesday, and could drop below 1.09 if the ECB President Draghi defends his recent decision to …
EUR/USD’s candlestick arrangement on the daily chart indicates the risks are skewed to the upside. But the upside could be capped by concerns of a deeper economic slowdown in China, which could boost …
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The mood darkened after the People’s Daily newspaper, ownedby China’s ruling Communist Party, said Beijing was ready to userare earths for leverage in its trade dispute with the UnitedStates. “Don’t …
(MENAFN – Daily Forex) While Bitcoin has dragged down the overall cryptocurrency market, Ripple managed to outperform as solid fundamental overcame peer pressure. The steady advance in the XRP/USD, …
(MENAFN – Daily Forex) Bitcoin marketsrallied a bit during the trading session on Thursday as the ECB has cut interest rates and added liquidity to the market yet again. As central banks continue …