Author: Admin

  Opening Week Gaps Explained Best Trades What Are Opening Week Gaps? An opening week gap refers to the difference between the previous Friday’s closing price and the Monday (or Sunday in forex) opening price of a market. These gaps occur when markets reopen after the weekend and prices “jump” due to new information, breaking news, or changes in sentiment while markets are closed. In forex trading, markets technically run 24/5, but most liquidity dries up late Friday and resumes Sunday evening (New York time). The first quoted price Sunday often opens at a different level, creating what’s called a…

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EUR/JPY halts its four-day winning streak, trading around 177.80 during the European hours on Monday. The technical analysis of the daily chart indicates the prevailing bullish bias as the currency cross remains within the ascending channel pattern.The short-term price momentum is stronger as the EUR/JPY cross remains above the nine-day Exponential Moving Average (EMA). Additionally, the 14-day Relative Strength Index (RSI) is positioned slightly below the 70 level, reinforcing the bullish bias. A break above the 70 mark would signal overbought conditions.On the upside, the EUR/JPY cross has reached an all-time high of 178.15, which was recorded on October 27.…

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  How Interest Rates Shape Global Markets Interest Rates Today Interest rates are one of the most powerful forces in global financial markets. They influence everything from the cost of borrowing to currency values and investment decisions. Whether you trade forex, stocks, or bonds, understanding how interest rates drive market behavior can give you a major edge. With the next FOMC decision due to be announced on October 29, expectations are for another 25bps rate cut followed by a similar reduction in December. Why interest rates matter: The Cost of Borrowing Interest rates directly affect the cost of financing trades.…

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EUR/USD is poised to finish the week with losses of 0.21% yet it remains above the 1.16 figure for the third straight day, capped on the upside by key resistance levels after US data might not deter the Fed from cutting rates.Euro supported by upbeat PMIs; Moody’s warning on France limits upside momentumInflation data in the US would not move the needle in favor of Fed hawks, missing estimates to the downside, though it remains far from the central bank 2% goal. After that, S&P Global showed that the economy shows signs of strength as manufacturing and services flash PMIs,…

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The Power of the Hard Trade   Succesful ? One of the biggest lessons I’ve learned from years of trading forex is simple to say but hard to live by: the toughest trades are often the most rewarding. It’s an idea that sounds perfectly rational when you’re calm but in the middle of a fast-moving market, it’s incredibly difficult to apply. Traders who can master this mindset often see a dramatic improvement in performance. The Illusion of the “Easy” Trade Most new traders are drawn to the idea of buying low and selling high. It feels intuitive, even smart. Yet…

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