Traders should watch out for various chart patterns in order to identify the potential buy/sell areas of an asset and to device his/her own trading strategy. These patterns will assist traders in taking wise trading decisions in the future. One of the most common trading patterns is the double tops and double bottoms. To brief […]

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It is important for traders to identify chart patterns in order to make their trades profitable. An advantage of finding out price patterns is that the traders can gauge the price movements of a symbol in the past and can predict the movement of the symbol in the future. One of the most common trading patterns […]

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In the much awaited United States Federal Reserve meeting which happened last week, the Fed hiked the interest rates by +25 basis points to a range between 1 and 1.25 percent and kept the interest rate forecasts unchanged. Fed’s monetary policy announcement remained positive over the chances of additional rate hikes for this year. In […]

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The much anticipated United States Federal Reserve meeting happened on Wednesday. Contrary to market expectations, the Fed hiked the interest rates by +25 basis points. Despite a weakening inflation, the Fed kept the rate forecasts unchanged and promised one more additional hike for this year. The Fed’s monetary policy statement stated that the inflation targets […]

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A good and a professional Forex trader will surely want to make the most of his/her trades. With so many dos and don’ts, traders usually get confused and end up losing money in this big market. So, consider going through the following steps to reduce losses while trading Forex. Market analysis – Perform a detailed […]

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Fed Reserve Bank of Dallas President Robert Kaplan looks for more than two interest rate hikes this year, including the rate hike in March. Though the inflation numbers didn’t look promising, Kaplan firmly believes on two rate hikes for this year. Fed member Brainard confirmed the chances of the rate hikes and stated that it […]

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The Federal Reserve members are planning on a rate hike in June shortly. Most of the members are looking forward for the Fed’s rate hike in June 13-14th if the economic data meets the expected results. The Federal Open Market Committee (FOMC) has plans to reduce the $4.5 trillion balance sheet by purchasing the Treasury […]

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With the Canadian government’s new pilot program offering a universal basic income to the households, we expect the CAD to grow stronger. Canada is the latest to launch this program after Finland, which announced a similar program in January. The province of Ontario announced plans to give free money to 4000 eligible Canadian households through […]

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What is Fibonacci Trading? It is every trader’s dream to always have a profitable trade. While every trader certainly has different motives behind trading, it eventually gets down to profits. It is necessary for traders to analyze and predict the trends by using different indicators and then make trading decisions. One such important technical instrument […]

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With various concerns about the EUR and its effect on the economic outlook, the analysts feel that the Euro might gain strength with the upcoming elections and have a strong economic data. With the UK’s departure, we look forward to a stronger Euro after key elections in France and Germany this year. Marine Le Pen, […]

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