During the previous trading week, the market formed an uptrend that reached the upper bound of the yellow channel, then the price pushed off from this…
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The market forms quite harmonious and proportional waves. After reaching the upper bound of the green channel, the price began to decline sharply and broke through the…
The price is moving inside the ascending green and descending blue channel. At the moment, the market is near the lower border of the green channel.…
The European Central Bank has approved a stimulus package. Although it was expected, the market reacted sharply with a significant drop on EURUSD. The SimpleFX traders…
Today the European Central Bank governing council meets to make the most important decision in the eight-year tenure of president Mario Draghi eight-year tenure as the…
Currency hedge funds need much more volatility than day traders. While individual forex traders with high margin have been successful, institutional currency hedge funds didn’t perform…
Thursday saw the Pound Sterling rally against the U.S. Dollar, the Euro, and other major currencies following a statement by Emmanuel Macron. The President of France…
Boris Johnson’s new government is going to carry out a publicity blitz at the start of September to prepare the public in Britain for no-deal Brexit.…
The recent macroeconomic data suggest that there’s a turning point at the horizon for the global economy. The possibility of US-China trade war doesn’t help the…
We have written a lot on our blog about reactive trading and news trading – the strategies that are based on your interpretation of the events.…