Dollar firms ahead of data dump; sterling falls after quits rate hits 5-year high

Buyers managed to achieve some success. The price rose, but remained within a range that currently looks somewhat uncertain. The thing is, the current situation can be viewed from two perspectives. From one perspective, the development of an initial diagonal triangle is assumed, in which the fifth wave is currently being formed. From another perspective,…

  Forex traders often struggle to understand how news affects the market. News can cause big price swings in currency pairs. This article explains how forex news impacts trading and offers tips on how to handle it. Learn to trade smarter with the news. Key Takeaways Forex news causes big price swings in currency pairs,…

By Andrea Shalal and Gram Slattery WASHINGTON (Reuters) – Eight Republican senators are unsure about supporting former Democratic member of congress Tulsi Gabbard to become America’s top spy, according to a Trump transition source and a second source with knowledge of the issue, increasing doubts about whether her nomination will secure Senate confirmation. A Trump…

If you’ve spent any time around professional traders, you’ll know that consistent profitability doesn’t come from luck: it comes from data. Backtesting is one of the most powerful tools at a trader’s disposal, helping you evaluate how your strategy would have performed in the past so you can trade with confidence in the future. Whether…