2020

Risk sentiment was in check on Monday as investors stay on the sidelines for global cues. The US earnings report for the fourth quarter of 2019 is underway. Meanwhile, Washington announced that it will remove China's label as a currency…
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The monthly consumer price index report will be coming out later today. The report covers the month of December and will give investors significant insights into the new year. According to the economists polled, the general consensus…
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The current USDCAD structure hints to a cycle degree triple combination consisting of correction waves w-x-y-x-z. With the last wave ending, we could be now seeing the first stages of intermediate wave (1) in a minor bullish impulse…
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Trade of the Week GBPCAD Struggles to Rally Higher The British pound is in a recovery mode after Bank of England Governor Carney’s dovish comment last week. Speculations run rife that the central bank will cut rates this year, even…
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Today is quite an important day for Cable traders, with the release of a host of important economic data all at the same time during morning trading. It would be surprising if the market didn't get some extra volatility right after the…
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Equity markets rose to post new highs on Friday. The Dow Jones index briefly broke the 29,000-mark before pulling back. Despite this, all major equity indices closed positive on the week. The payrolls report for December was soft. The…
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The USDCHF pattern hints to a bearish 5-wave impulse Ⓒ consisting of intermediate sub-waves (1)-(2)-(3)-(4) and (5). In the current corrective structure, this suggests that the intermediate wave (4), which consists of a W-X-Y zigzag…
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This is a trick question because it depends on who you ask. To someone who has a good strategy and risk management scheme, Forex online trading is definitely worth it. They do it consistently, and in many cases, live off of it. If you…
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