Sentiment Analysis for Forex Trading


(MENAFN - DailyFX) entiment analysis can be a useful tool to help traders understand and act on price behavior. While applying sound technical and fundamental analyses is key, having an additional ...

FXCM Expands Retail Offering to Include Forex Baskets


Online foreign exchange (forex) and contracts-for-difference (CFD) trading provider FXCM announced this Thursday that it has expanded its product offering to include forex baskets for retail clients. ...

EUR/USD Forex Technical Analysis – Momentum Trending Lower; Trend Changes to Down on Trade Through 1.1181


The main range is 1.1448 to 1.1107. Its retracement zone at 1.1278 to 1.1318 is resistance. Trading below this zone is also giving the EUR/USD a downside bias. The short-term range is 1.1107 to 1.1413 ...

Non-Farm Payrolls trading: Seven top tips every forex trader needs to know


The US Non-Farm Payrolls is the No. 1 event on the forex calendar. The volatile nature of the reaction requires a special response. Here is what you need to know before jumping on a trade on the first ...

FOREX-Dollar handicapped by expectations a Fed rate cut is coming


The dollar index against a basket of six major currencies was slightly lower at 96.734. Global forex trading likely will be subdued on Thursday as U.S. financial markets are closed for a public ...

Using the Rising Wedge Pattern in Forex Trading


(MENAFN - DailyFX) The rising wedge is a popular reversal pattern that is predictive in nature and can give traders a clue to the direction and distance of the next price move. Rising wedges ...

Students Can Trade Forex Too


With Forex trading, that may be possible, but before you jump in head first, you need to know the pros and cons. What Is Forex? Forex stands for foreign currency exchange. It's a unique investment ...

NZD/USD Forex Technical Analysis – Main Trend Changes to Down; Successfully Tested 50% at .6607


At 19:58 GMT, the NZD/USD is trading .6625, down 0.0062 or -0.93%. The main trend is down according to the daily swing chart. A trade through .6656 changed the main trend to down. A trade through ...

POSCO Launches an Innovative Trading Platform for Crypto and Forex and a New Trading Education Academy Courses for Aspiring Financial Traders


Tokyo, Japan – July 2, 2019 – POSCO Network, built by a combination of deep-rooted industry and technology experts is pleased to announce the launch of its next-generation trading platform for passive ...

After a Solid May, FX Trading on GMO Click Falls in June


After a welcome uptick in foreign exchange (forex) trading in May, the retail brokerage unit of Japanese IT giant GMO Internet, GMO Click, has yet again reported a drop in volumes for the month of ...

FOREX-Dollar on back foot over expectations a Fed rate cut is coming


The dollar index against a basket of six major currencies was slightly lower at 96.712. Global forex trading likely will be subdued on Thursday as U.S. financial markets are closed for a public ...

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