The presentation below is designed to help you gain the opportunity to turn your portfolio into a positive position in a short time. To be sure, take the time to test it yourself. The backtest below can be used as a guide, but you can also test it yourself using random time periods, including several…
The past week showed a mixed performance across key markets. Thanks to a weaker dollar, the euro recovered part of its earlier losses, while bitcoin bounced from its August 3 lows. Oil prices, following “Trump’s command,” continued to fall, and gold strengthened amid strong safe-haven demand. 💶 EUR/USD The pair ended last week near 1.1642,…
The Pound Sterling trades firmly against the US Dollar around 1.3450 as traders trim bets supporting BoE’s interest-rate cuts this year. Fed Governor Waller could be nominated as Chairman Powell’s successor. Investors await UK employment and US CPI data next week. The Pound Sterling (GBP) clings to three-day gains around 1.3450 against the US Dollar…
I Buy the Dip, Sell the Blip — What Does It Mean? What Does It Mean to Buy the Dip or Sell the Blip in Trading? Have you ever heard the phrase “buy the dip” or “sell the blip” and wondered what it really means? While interpretations vary, the core idea is simple…
GBP/USD Forecast: Pound Sterling tests key resistance, eyes on BoE GBP/USD holds its ground and trades above 1.3350 after posting strong gains on Wednesday. Investors stay on the sidelines while waiting for the Bank of England (BoE) to announce monetary policy decisions. The renewed selling pressure surrounding the US Dollar (USD) allowed GBP/USD to gather…
GBP/USD rises 0.12% to 1.3289 as Dollar slumps on soft US labor data. July NFP print at 73K; prior months revised down 258K, triggering BLS chief firing. Markets price 76% chance of Fed rate cut in September. BoE expected to cut by 25 bps on August 7; 50 bps easing seen for 2025. The GBP/USD…
Highlights include US ISM Services PMI, BoE, BoJ SOO, Canada & NZ Jobs, China Trade and OPEC+ Newsquawk Week Ahead Highlights: 4th-8th August 2025 SUN: OPEC+ meeting MON: US Employment Trends (Jun), US Durable Goods R (Jun) TUE: Chinese Final Caixin Services and Composite PMI (Jul), EZ/UK/US S&P Global Final Services and Composite PMIs…
August begins amid mixed signals from global financial markets. The main drivers were the United States – Trump’s tariff policies, the Federal Reserve’s decisions, and US labour market data. At the start of the final week of July, the dollar showed impressive strength; however, on 1 August, the euro managed to recover half of its…
Don’t compound a trading mistake, live to trade another day! Forex Trading Pro Tip: How to Handle a Trading Mistake Every forex trader, no matter how experienced, will eventually make a trading mistake. The real question isn’t if you’ll make one but how you react afterward. In today’s fast-paced world of electronic trading, errors happen…
By Saturday, 26 July, the US Dollar Index had slipped below the 98.00 mark, recording its sharpest weekly drop in a month. The decline followed improved sentiment surrounding trade negotiations with Japan and the European Union, which lifted stock markets and weakened demand for traditional safe-haven assets such as the dollar and gold. Investors are…