Rising fever in meme stocks

Rising fever in meme stocks

What are meme stocks? The year 2021 has brought something new to the market the so-called meme stocks. These are the stocks on hype everyone is talking about them and retail in...
China: the Worst Has Passed with Forex?

China: the Worst Has Passed with Forex?

China released GDP: good or bad? 15 July, China released the data about the national gross domestic product. GDP growth in the 2nd quarter of 2021 was 7.9% comparing with the sa...
USD: a disappointing jobs report?

USD: a disappointing jobs report?

US dollar index, H4 chart US dollar index, daily The US Jobs Report could be considered as a disappointing report, excluding the wages growth which keeps the fears ov...
The Fed’s meeting will drive the USD

The Fed’s meeting will drive the USD

What will happen? The Federal Reserve will release its statement and announce its interest rate decision at 21:00 MT time. Then, at 21:30 MT time, the central bank will hold a p...
USD/CAD is over 1.21 after BoC

USD/CAD is over 1.21 after BoC

Chart H4 Daily chart USD/CAD chart The Bank of Canada decided to keep the current policy unchanged as widely expected. However, the bank did not mention anything a...
Careful with gold longs

Careful with gold longs

4H Chart Daily Chart XAU/USD chart Gold managed to rally yesterday on the back of the US inflation data which posted the highest reading since the 2008 financial c...
USD/CAD is out of the range

USD/CAD is out of the range

4H Chart Daily Chart USD/CAD chart USD/CAD managed to breakout of its tight range on Friday, reaching as high as 1.2177, and posted the highest daily close since m...
EUR/USD: update for a trade

EUR/USD: update for a trade

4H Chart Daily Chart EUR/USD chart EUR/USD declined on Friday reaching as low as 1.2093, while our short positions from 1.2180 and 1.2205 are now in profit with ov...
Big Tech Stocks and Crypto Surged

Big Tech Stocks and Crypto Surged

Latest news Gold has the biggest monthly drop since February due to the hawkish Fed. The central bank claimed it might tighten the policy soon, which sent gold prices below $...
Protect EUR/USD trade ahead of ECB decision

Protect EUR/USD trade ahead of ECB decision

H4 chart Daily chart EUR/USD chart Two days ago, we sent out a new short trade on EUR/USD at 1.2180 in addition to a pending order to short again at 1.2205. EUR/US...
EUR/USD: calm before storm on Thursday

EUR/USD: calm before storm on Thursday

What will happen? Traders cant wait for Thursday to come! Why? Two significant events will be out: the US inflation report and the ECB policy decision. They will probably shake ...
Eyes on Bank of Canada's decision today

Eyes on Bank of Canada's decision today

H4 chart D1 chart USD/CAD chart All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which s...