Factory orders and construction Purchasing mangers' survey data from Germany are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for August. Economists forecast orders to grow 2.6 percent on month, fol

Im sorry i didnt get this one out this morning at the daily print, It's Thursday and the new year is upon us, I'm not trying to be in trades going into the new year so im going to be aiming for 40-50 here nothing serious, im already up from the print, again i apologize for not pointing it out earlie

Beware we have returned close to our extreme prices after an abrupt beginning to the week. Price fell into the abyss as optimistic buyers were a bit too early like myself. This NY session though we managed to grab a spot on the train. I was bearish walking into the week and was expecting a pull

On above chart bearish flag continuation patterns seems to be printing on 1 hours' time frame. My analysis at this level to take a sell stop trade to avail good profit on further bearish momentum,My entry point was 0.6039 as mentioned in trade plan, if you guys are agreeing with my idea then take an

Prepare yourselves for an electrifying revelation on the GBPNZD trading pair! Brace yourselves, for we've witnessed an awe-inspiring five-wave rally from the depths of May 22, soaring high until the pinnacle of June 23rd. But wait, that's not all! Behold the mesmerizing spectacle of a sideways

When choosing a forex broker, some traders may be more concerned about the trading conditions, while others may be more focused on technical support, and friendliness of features. But for most beginner traders or users who are entering into forex trading, reliability and legitimacy may be more impor

Yesterday, FXCM UK officially changed its name to Stratos Markets.In the meantime, the Cypriot branch had changed its name to Stratos Europe. The British branch of broker FXCM, previously operated by Forex Capital Markets Limited, announced a name change to Stratos Markets Limited on Sunday, 10 Sept

Most brokerage clients lost money in August 2023. But how much?Finance Magnates launches a new series of monthly analyses. Investing is a zero-sum game, where one person's win is another's loss. The majority of retail investors lose money, a fact underscored by risk warnings on nearly every regulate

Investor confidence data from euro area is due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes industrial production figures for June. Production had declined 3.8 percent annually in May. At 1.45 am ET, the Swiss unemployment data is due

Daily Pivots: (S1) 122.96; (P) 123.49; (R1) 123.95; Intraday bias in EUR/JPY remains neutral for the moment. Further fall is in favor with 124.31 minor resistance intact. On the downside, sustained break of 38.2% retracement of 114.42 to 127.07 at 122.23 will extend the fall from 127.07. Next target