Trade ideas thread – Monday, 20 November 2023

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Weekly Market Outlook (20-24 November)

UPCOMING EVENTS: Monday: PBoC LPR. Tuesday: RBA Meeting Minutes, Canada CPI, FOMC Minutes. Wednesday: US Durable Goods, US Jobless Claims. Thursday: US Thanksgiving Day, Australia/Eurozone/UK PMIs, ECB Meeting Minutes, New Zealand Retail Sales. Friday: Japan CPI, Canada Retail Sales, US PMIs, US Black Friday (early markets close). Monday The PBoC is expected to keep the

USDJPY sellers gain momentum as they test November low

As the week comes to an end, the USDJPY fell sharply and in the process tested the low from early November at 149.175. The low reached 149.192 before bouncing. The price is trading at 149.74. The double bottom mirrors the double top from the high this week (on Monday). That high was reached on Monday

Case Studies of Successful Forex Trading – Trading Strategies – 18 November 2023

AVATAR TRADING HOUES Forex trading, often perceived as a high-stakes financial endeavor, has been the arena for many success stories. While the journey is challenging, it is also deeply rewarding for those who have mastered the art of trading. In this comprehensive exploration, we will delve into the world of successful forex trading by examining