Denay10

AUD/JPY faces rejection near key moving average hurdle.  The pair is forming a head-and-shoulders (H&S) pattern on the hourly chart.  AUD/JPY is trading near 68.90, representing a 0.30% decline on the day, having faced rejection near the descending or bearish 50-day average hurdle at 69.16. Whi

GBP/USD trades positive close to the monthly high. 61.8% Fibonacci retracement, 50/200-day SMAs limit further upside. A three-week-old rising trend line restricts immediate declines. GBP/USD takes the bids to 1.2520 during the Asian session on Tuesday. That said, the Cable currently trades near the

Here is my weekly trading result. There are 43 trades and those are from 25 trading ideas opened in this week.There are 7 wins, 5 draws and 13 loses.This week is full of up and down swing in most of the pairs I traded and because joining a lot of trade I get a bad mood and a very bad trades. It

Gold remains consolidated between $1,643 and $1,650 as traders monitor COVID-19 impact. Fed on hold for foreseeable future, bullish for gold.  The markets are quieter in Asia following a strong performance on Wall Street with US stocks bouncing back from the prior session's lows. Gold has moved int

Here is what you need to know on Thursday, April 9: The market mood remains cautiously optimistic in what seems like the "calm before the storm." The safe-haven dollar and yen losing some ground ahead of a packed day that is all related to the coronavirus pandemic. The disease has infected nearly 1.

The most important thing, for most novice traders, is to pick up some practical strategies that are easy to understand and can help them cope with changes of market in a short period of time (without sufficient trading experience). With more than 10 years of experience in the foreign exchange market

As noted in the FOMC minutes for the March emergency meeting, the members agreed that economic situation has “deteriorated sharply” in light of the coronavirus pandemic. They were also in “strong support” of the measures to facilitate the flow of credit to households and businesses. Despite the cons