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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.

Monday, 30 September 2013

Italian government collapsed – EUR/USD could start lower

The Italian crisis deteriorated fast: ex-PM Silvio Berlusconi pulled his ministers out of the coalition government led by Enrico Letta, leaving it hanging in the air. With political parties blaming each other for the cause to the crisis, the ball returns to the court of president...

Forex - Dollar falls to 1-month low versus yen

The dollar fell to a one-month low against the yen on Monday as the risk of a looming U.S. government shutdown bolstered investor demand for the safe haven yen. USD/JPY hit 97.69 during late Asian trade, the lowest since August 29; the pair subsequently consolidated at...

Forex - Euro slips lower vs. dollar

The euro slipped lower against the dollar on Monday as fresh political instability in Italy weighed, while the risk of a looming U.S. government shutdown also hurt market sentiment. EUR/USD hit 1.3478 during late Asian trade, the session low; the pair subsequently consolidated...

GBP/USD Outlook – Sep. 30-Oct. 4

GBP/USD continues to move higher and broke through the 1.61 line this week. The pair closed the week at 1.6136. This week’s key events are Manufacturing, Services and Construction PMIs. Here is an outlook of the events and an updated technical analysis...