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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Sunday, 1 September 2013

Forex - GBP/USD up during the Asian session

The British Pound was higher against the U.S. Dollar on Sunday. GBP/USD was trading at 1.5512, up 0.04% at time of writing. The pair was likely to find support at 1.5429, Wednesday’s low, and resistance at 1.5592, Tuesday’s high. Meanwhile, the British Pound was up...

Forex - USD/JPY up in Asian trade

The U.S. Dollar was higher against the Japanese Yen on Sunday. USD/JPY was trading at 98.31, up 0.19% at time of writing. The pair was likely to find support at 96.82, Tuesday’s low, and resistance at 98.52, Thursday’s high. Meanwhile, the U.S. Dollar was up against...

Forex - EUR/USD down during the Asian session

The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.3212, down 0.05% at time of writing. The pair was likely to find support at 1.3174, Friday’s low, and resistance at 1.3398, Wednesday’s high. Meanwhile, the Euro was down against the British...

USD/JPY Outlook September 2-6

The USD/JPY dropped sharply early in the week, but recovered most of these losses. The pair closed just above the 98 line, at 98.12. This week is fairly quiet, highlighted by the BOJ Monetary Policy Statement. Here’s an outlook for the Japanese events...

GBP/USD Outlook September 2-6

GBP/USD: posted modest losses during the week but was down less than a cent at the closing bell. The pair closed the week just shy of the 1.55 line, at 1.5491. This week’s market-movers includes PMIs and the Official Bank Rate. Here is an outlook of...

Forex - EUR/USD weekly outlook: September 2 - 6

The euro eased back from five-week lows against the dollar on Friday but still ended the week lower as concerns over a possible U.S. military intervention in Syria underpinned dollar demand. EUR/USD fell to lows of 1.3174, the lowest since July 25 before paring back...

Forex - Weekly outlook: September 2 - 6

The dollar ended the week broadly higher against the other major currencies on Friday, but was lower against the yen as the prospects for a U.S. military strike against Syria bolstered safe haven demand. Concerns over a possible U.S. military intervention mounted after U.S....

China manufacturing PMI rises more-than-expected

Manufacturing activity in China rose more-than-expected last month, official data showed on Thursday. In a report, China Logistics Information Center said that Chinese Manufacturing PMI rose to an annual rate of 51.0, from 50.3 in the preceding month. Analysts had expected...