Risk Management for Long-Term Forex Traders

Are you having trouble making consistent profits in forex? The market’s ups and downs can eat away at your money. With daily trades worth $7.5 trillion, the risks are huge. But, there’s hope! Good risk management can protect your money and help you make more in the long run. Key Takeaways Forex market daily trading

Top High-Impact Forex News Events Traders Should Know

Are you finding it hard to keep up with the fast forex market? It’s easy to get lost in all the economic indicators. Missing out on high-impact forex news can hurt your trading. But we’re here to help. Imagine over 100 global economic events happening in just one week. The U.S. dollar is involved in

Oil Latest – Traders on the Sidelines as OPEC+ Meeting Nears

Oil Analysis, Prices, and Charts The virtual OPEC+ meeting starts on Thursday and may prove fractious. Oil prices are set to tread water ahead of any announcements. Download our complimentary guide on How to Trade Oil Recommended by Nick Cawley How to Trade Oil DailyFX Economic Calendar The oil market may see a further bout

USDCAD rebounds as European traders’ exit. Above 100 hour MA now.

USDCAD The USDCAD is lower on the day, and in the process, fell below the 100-hour moving average in the early European session (blue line in the chart above currently at 1.37356). The subsequent fall to 1.3707 (reached in the morning North American session) so the price fall below the swing high from Wednesday and

Gold price flat-lines as traders keenly await Fed Chair Jerome Powell’s speech

Gold price oscillates in a narrow range amid the uncertainty over the Fed’s rate-hike path. Declining US bond yields caps the recent USD recovery and lends support to the XAU/USD. Traders now await Fed Chair Jerome Powell’s speech before placing fresh directional bets. Gold price (XAU/USD) struggles to capitalize on the overnight bounce from the