In this overview, we will discuss trading the EUR/USD currency pair. This is one of the most popular currency pairs in Forex.
Category: Forex
Forex section contains articles on the related topic. Currency pair trading, market analytics, tips for beginners and trading options for more experienced traders. Here you can find answers to a lot of different questions, which will help to make your trading more efficient and profitable.
Another week of July is already here, and the expectations are neutral. It offers statistics – but not fatal, actions of Central banks – but predictable, and news – but pretty stable. It is high time to breathe out and relax a bit unless the news flow brings up something unexpected.
The new week when June ends and July begins, will be full of statistics, influencing the currency market. The coronavirus is showing itself again – hence, there will be no room for boredom.
The Forex Racer strategy is designed exactly for this type of chart, and traders say it gives good opportunities for active trading.
Today, we will get acquainted with the CCI + EMA scalping strategy. I would call this strategy as short-term because the timeframe and short Stop Losses.
By the end of June, the financial market has received almost all the information it expected. What is left are just statistics and the end of the quarantine — for the world to start functioning at a full scale. This week, there is the macroeconomic data planned for publication alongside general economic events — all in all, plenty of things to pay attention to.
A beginner trader often asks themselves: which currency pair should they choose for trading? In this review, I will address the most popular currency pairs and enumerate the criteria for choosing the most suitable ones.
The new week of June will bring about plenty of statistics and continue the season of Central Bank sessions. You will definitely not get bored; for now, investors are more interested in safe-haven assets, which may change the local exchange trend.
The oil cartel is keeping capital markets positive, while the labor market in the USA demonstrates hidden power. There is little that can spoil the investors' mood except for the overbought state of the market. In the new week, market players may go on buying until they decide that things are getting too expensive.
At the beginning of July, investors are unlikely to get bored - to tell you the truth, they have had no chance to get bored this whole year. On the macroeconomic calendar this week, there are more statistics than the market can work off; meanwhile, the sessions of Central Banks, the ECB being the leader, may provide us a clearer understanding of the future.