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Forex Day Trading
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Follow us to learn how to run your own FX business or become a pro trader.
Follow us to learn how to run your own FX business or become a pro trader.

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EUR/USD: Euro eases off highs as Trump brings risk-off sentiment back

Calling off of US- North Korea summit and renewed trade tariff threats by US president Donald Trump are already impacting on dollar strength. The pair is trading above 1.7300 with hopes of another upward swing.

Read more here https://www.fxstreet.com/currencies/eurusd

#forex #fxnews #forextips #fxtrading
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A Consistent but Slow EURUSD Slide May Turn Into a Euro Cascade

Current EUR/USD slide is not without a valid reason. Currency strategist John Kicklighter analyses here the resons that could lead to a further weakening and advises on where you should put your money.

Read more here https://www.dailyfx.com/forex/video/live_events/2018/05/22/A-Consistent-but-Slow-EURUSD-Slide-May-Turn-Into-a-Euro-Cascade.html

#forex #fxnews #forextips #fxtips
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Financial Times Op-Ed: The Fed should not move too quickly to raise rates

President of the Federal Reserve Bank of Minneapolis and FOMC member Neel Kashkari is not supporting a rapid rates hike. In this article he profiles the history since the 2008 financial crisis and shows why the current Fed's path is not tennable.

Read more here https://www.minneapolisfed.org/news-and-events/messages/financial-times-op-ed

#forex #fxtips #forextips #forexnews #NeelKashkari
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EUR/USD Forecast: Oversold is overrated, the Italian job and US yields crush the pair

The pair sank yo a new 5 month low today and looks to break further. Yohay Elam says it is still not oversold and could slide further before a retracement.

Read more here https://www.fxstreet.com/analysis/eur-usd-forecast-oversold-is-overrated-the-italian-job-and-us-yields-crush-the-pair-201805181443

#forextips #fxtrading #forexnews #Italy
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EUR/USD Reaches Bearish Wave 3 Target at 1.1750

The EUR/USD bearish breakout has stabilised around 1.175 even after positive US news and rising bond yields. This article analyses the trend downwards and suggests that a reetracement is near.

Read more here https://admiralmarkets.com/analytics/wave-analysis/eur-usd-reaches-bearish-wave-3-target-at-1-1750

#forex #fxtrading #forexnews #forextips
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Ethereum Basics...
The basics on #Ethereum...Check out the Coin Clip!

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EUR/USD Open to Further Losses; USD/JPY Eyes Bullish Resolution

The dollar is strengthening accross the board and has risen to new 2018 highs. The rise of Euroskeptics in Italy is adding to the common currency woes.

Read more here https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2018/05/16/EURUSD-Open-to-Further-Losses-USDJPY-Eyes-Bullish-Resolution.html

#forex #fxnews #forextips #Italy
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Brexit is knocking out British industry, and it may not bounce back

British indusry is voting with its feet. There has been a significant rise in companies expressing to move their operations out of Britain in the recent past following the lack of good progress in Brexit negotiations.

Read more here http://www.scmp.com/comment/insight-opinion/article/2145972/brexit-knocking-out-british-industry-and-it-may-not-bounce

#forex #fxnews #forextrading #brexit
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EUR/USD Forecast: The tables are turning and 1.2000 is in sight

The reversal started yesterday is slowly strengthening and the pair has hit a high of 1.1950 and still looks strong. Its is out of oversold territory for now and next week will most likely confirm the reversal.

Read more here https://www.fxstreet.com/analysis/eur-usd-forecast-the-tables-are-turning-and-12000-is-in-sight-201805111142

#forex #fxnews #forextrading #forextips

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Dollar-Plagued World Now Has Another Currency to Worry About

Even as the world focusses on the recent dollar strenghtening, the world is changing. The Chinese Yuan has become a major currency as far as trade is concerned. It has been weakening in the recent past and that's enough reason to worrry.

Read more here https://www.bloombergquint.com/global-economics/2018/05/10/the-dollar-plagued-world-now-has-another-currency-to-worry-about#gs.nFvSa5A

#forex #Yuan #Fxnews #forextips
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