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May 30, 2018

Tips and Tricks to Ride the Perfect Trend

For most traders, riding a trend is the reason why they start trading in the first place. But in Forex trading, trends don’t form so often. Statistically, the market spends most of the time in consolidation, with prices holding ranges over sixty-five percent of the time. This makes trend ...

EUR/USD and USD/JPY Remains in Downtrend

EUR/USD started a major downward move and declined below 1.1600. Similarly, there was an increase in selling pressure on USD/JPY, resulting in losses towards 108.00. Important Takeaways for EUR/USD and USD/JPY The Euro declined heavily recently and settled below the 1.1650 support area. The ...