Forex Trading Blog Updates

With the pound taking a breather from its losses, I took advantage of an opportunity to jump in on Cable's downtrend. What do you think of this forex setup?

Just because a majority of the traders out there have a certain trading bias, it doesn’t necessarily mean that they’re right. When should you go against the flow?

We've been checking up on our old setups for the past couple of days, so let's mix it up a bit with a couple of fresh, short-term setups, with EUR/CHF and GBP/AUD in focus. Check out what I've got, yo!

Lots of themes were playing out during the session, with the euro and the Swissy getting buyers right from the get-go. Meanwhile, the pound finally found support after getting whupped during the earlier Asian session. As for the Loonie, it ended up as the worst-performing currency of the session when the Greenback somehow edged out a win near the end.

G'day, forex mates! If you're wondering how Australia's overall economy has been faring lately, especially since Australia's Q1 GDP report will be released next week and the RBA would be giving another rate decision and statement, also next week, then today's economic snapshot is just for you.

The pound took another hit during the Asian session as a new election poll hinted that Theresa May’s Conservative Party may get a few seats short of a majority in the Parliament.

Bah! Not such a good week for the SMA Crossover Pullback System as the positions got stopped out by new crossovers here and there. Take a look!

Can you believe we're already into the middle of the week? Get over the mid-week hump by takin' advantage of these short and long-term forex trade opportunities on EUR/USD and GBP/NZD!

The Greenback ticked higher upon seeing the core PCE price index but gave back its intraday gains and more throughout the session as traders turned their attention to weaker Fed rate hike odds in September.

No fresh plays to head into June, but the downtrend in AUD/NZD looks ripe for a bounce so I had to throw it on the watchlist. Will an opportunity to come at a better price?

We're taking another stroll down memory lane in today's intraday charts update since we'll be checking up on our old setups for EUR/GBP and CHF/JPY. And quite naturally, we'll be lookin' for fresh plays as well.

The European currencies fought for the honor of being the one currency to rule them all during the session, with the pound ending up on top. Meanwhile, the yen performed poorly despite the risk-off vibes during the session.

Feel like trading news reports before the big NFP release on Friday? If you do, then you might want to try your hand at trading Australia’s retail sales release.

No Chinese markets? No problem! Thanks to a couple of market-moving headlines, there was no lack of volatility for Asian session’s forex traders.

Will this pair resume its downtrend? Price is currently testing the channel resistance, but I gotta take a look at fundamentals and potential catalysts for these European currencies first!

Large players resumed trimming their net favorable bets on the Greenback during the week ending on May 23. And the latest COT forex positioning report from the CFTC shows that the Greenback lost ground to most of its peers, although the euro continues to stand out.

It looks like Aussie bears are encountering another roadblock and pausing at the mid-channel area of interest for this pair. Because of that, I'm gearing up to make these trade adjustments.

It's all about the comdolls today, as I bring to you forex trade opportunities on AUD/USD and NZD/USD. Check it!

There were no economic reports from Uncle Sam as traders were off enjoying the Memorial Day holiday while Draghi's speech weighed on euro pairs a bit.

When you’re thinking with a stressed mind and body, your mind isn’t focused, and this can mean danger for your trading.