U.S. Dollar The US dollar dropped again against the majority of its peers on Wednesday on the release of slightly weaker-than-expected U.S. ADP jobs data. Also dovish comments from Federal Reserve officials increased concerns about…
Posts By Hassan Maishera
Dollar Bulls Restrained Despite Positive Data
Political Tensions Trump Positive Economic Growth The US dollar received some much needed support at the latter end of last week from the better than expected pace of economic expansion. US GDP grew by 2.6%…
FOMC Commentary, Dovish USD Rises
FOMC Commentary The Federal Open Market Committee’s announcement shocked no one after it was announced that they would hold the main overnight benchmark rate into a range of 1.00-1.25%, as was priced into the market…
Sinking Greenback, Is There Hope?
Greenback – Any Hope? There was no hope yet for the dollar bulls in last week’s trading session. The Republican Senate were unable to pass a new health care bill and this lead to the…
EUR/USD Analysis
EUR/USD Volatility The euro started the week strong as the ForexSignal trading team sent a signal to buy the EURUSD at 1.1476 on July 17th. The pair reached all three of its take/profit targets on…
The Greenback Was Supposed to Rise… Forex Week in Review
Review of the week 10th-15th July 2017. Last week was supposed to be a strong week for the USD but instead, it turned into a devastating one for the greenback currency. For example, check out…
Greenback Recovery, Major Forex Events This Week
Greenback Recovery The greenback has recovered across the board as the second half of the year started on a busy note. In addition to the reaction to NFP; the inflation rate, consumer data and Janet…
Forex – Review and Outlook for July
Forex in perspective. The previous week witnessed some changes in the major currencies. Let us have a look at them. USD: The greenback was weaker among the majors even after the final GDP reading for…
Beginners Guide: Trap Forex Profits by Setting your Take Profit Target
What is a Take Profit Target? A Take Profit Target is the price level you set on a Forex trade that closes your the trade with profit automatically when that price is reached. Take Profit…
Beginners Guide: 5 Reasons to Never Trade Without a Stop Loss.
Although there is potential for profit and rewards, Forex trading is risky. Excessive leverage can ruin an otherwise profitable strategy. For this reason, investors should never trade Forex without a stop loss. Stop loss is…
