Gold failed once again

Gold failed once again

4H Chart Daily Chart XAU/USD chart Gold regained above $1900/Oz during yesterdays trading, reaching as high as $1910 but it failed to sustain these gains during th...
How about selling EUR/USD?

How about selling EUR/USD?

H4 Chart Daily Chart EUR/USD chart EUR/USD managed to recover some of its last weeks decline, rising for the 2nd day in a row (Friday Monday). However, such upside...
EUR/USD: calm before storm on Thursday

EUR/USD: calm before storm on Thursday

What will happen? Traders cant wait for Thursday to come! Why? Two significant events will be out: the US inflation report and the ECB policy decision. They will probably shake ...
Careful with gold longs

Careful with gold longs

4H Chart Daily Chart XAU/USD chart Gold managed to rally yesterday on the back of the US inflation data which posted the highest reading since the 2008 financial c...
USD/CAD is over 1.21 after BoC

USD/CAD is over 1.21 after BoC

Chart H4 Daily chart USD/CAD chart The Bank of Canada decided to keep the current policy unchanged as widely expected. However, the bank did not mention anything a...
USD/CAD is out of the range

USD/CAD is out of the range

4H Chart Daily Chart USD/CAD chart USD/CAD managed to breakout of its tight range on Friday, reaching as high as 1.2177, and posted the highest daily close since m...
EUR/USD: update for a trade

EUR/USD: update for a trade

4H Chart Daily Chart EUR/USD chart EUR/USD declined on Friday reaching as low as 1.2093, while our short positions from 1.2180 and 1.2205 are now in profit with ov...
Protect EUR/USD trade ahead of ECB decision

Protect EUR/USD trade ahead of ECB decision

H4 chart Daily chart EUR/USD chart Two days ago, we sent out a new short trade on EUR/USD at 1.2180 in addition to a pending order to short again at 1.2205. EUR/US...
Eyes on Bank of Canada's decision today

Eyes on Bank of Canada's decision today

H4 chart D1 chart USD/CAD chart All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which s...
Moderna set to join SNP500 with Forex!

Moderna set to join SNP500 with Forex!

Why should we pay attention? Boston-area Moderna was an unknown biotech company before it succeeded with the COVID-19 vaccine. The company gained 1400% from the beginning of the...
Gold reached our retracement target

Gold reached our retracement target

4H Chart Daily Chart XAU/USD chart Gold prices tumbled during the first trading day of the week declining to as low as 1844 USD/Oz. However, it was able to trim...
Gold's breakdown in Forex: what's next?

Gold's breakdown in Forex: what's next?

4H Chart Daily Chart XAU/USD chart Gold prices tumbled on Friday and at beginning of the Asian session today, reaching as low as $1854/Oz, breaking through its ups...