Dollar Heads Towards $100 Ahead of Fed Decision! – Orbex Forex Trading Blog

GBPUSD: The GBP/USD pairing pressed the accelerator pedal and produced another strong session on Wednesday, rising a further 0.85% and marking a third consecutive session of solid gains. Despite warnings that the UK economy as a whole is weakening, markets rose following Wednesday’s Bank of England (BoE) monetary policy hearing. Bank of England Governor Andrew…

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday January 13th and shows a quick view of how large traders (for-profit speculators and commercial hedgers) were positioned in the futures markets….

The peak set on 14 March around $73,750 is no longer Bitcoin’s all-time high. As the BTC/USD chart reveals, today the price surged past $75,300 per coin. This increase aligns with early results suggesting a lead for the Republican presidential candidate. Donald Trump previously promised support for the cryptocurrency sector during his campaign. Today’s BTC/USD…

Hello traders. Welcome to another ‘blue box’ blog post where we discuss trade ideas that Elliottwave-Forecast members took. In this one, we will discuss a recent AMD sell setup from the blue box. Looking at the big picture, we saw that $AMD completed a long-term bullish cycle. This cycle began in July 2015 and ended…

If you’ve ever found yourself thinking that playing chess is all about just moving pieces around, it’s time to shake that thought loose! Chess strategy is about far more than making random moves. It’s about being strategic, calculating, and sometimes outsmarting your opponent. The beauty of chess lies in its depth—every piece has potential, every…

You’ve got your investment capital ready. You’ve also painstakingly prepared a killer trading plan. Everything looks solid on paper. But sometimes, that annoying little voice whispers, “What if everything falls apart?”. Does that inner tug-of-war sound familiar? It’s between your logical mind and deep–rooted fears. Every trader has to endure this battle. Trading confidence distinguishes…