In today’s Forex Forecast video, we saw Richard Perry, Market Analyst at Hantec Markets, present his view on Cable amid Brexit saga, Dollar-Yen pair, EUR/USD and Gold. Cable is all over the place and there is no meaningful trend in the pair at the moment, said Perry and added further that the pair is largely responding to opinion polls. Market is still concerned about Brexit and is not really sure how to position itself ahead…"BOJ could attempt jawboning, dollar unlikely to see a clear trend – Hantec Markets"
WASHINGTON/NEW YORK (Reuters) – The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to… Source link"Biggest U.S. banks clear first hurdle in Fed's annual stress tests"
I was thinking about forex and thought it would be a good approach to look for news events that make for an obvious selling or buying opportunity such as the brexit making for a very clear selling opportunity on the GBP/USD. I want to profit from forex but don’t want to study extensively and I think this would be a good approach to achieve that. Advice please…. View Reddit by vistigioful – View Source"How to find world and economic events that signal a clear buying or selling opportunity?"
I am trying to grasp this. I think I got a pretty good idea but I think I need someone to explain it to me in a manner that will make the light bulb go on. After researching on what makes the chart move up and down, the USD is the lead currency in its pairs. So for example, with EUR/USD, if the USD has gained value, selling opportunities on the EUR/USD may start to…"Need someone to Clear up some Currency Strength confusion"