Commodity currencies AUDUSD, NZDUSD, Brazilian Real and Indonesian Rupiah are facing downward pressure once again. While USDCAD is facing an upward pressure due to the US Dollar getting strong. Now as a currency trader, we are only interested in trading AUDUSD, USDCAD and NZDUSD. The most important questions for this week: Will the FED FOMC… Continue reading Will The FED Lift Commodity Currencies AUDUSD And NZDUSD?
Recent GBPUSD Swing Trade That Made 100% Gain in 24 Hours
In this post we analyze a recent GBPUSD swing trade that made 100% gain in just 2 days. Take a look at the following screenshot of GBPUSD M30 Chart! Now can you see the inside day bar in the above screenshot just above the first red arrow? This is our first entry. The inside day… Continue reading Recent GBPUSD Swing Trade That Made 100% Gain in 24 Hours