Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
In Forex trading, you might be captivated by the prospect of earning substantial profits. Like many traders, you may have set a common goal for yourself – to make 50 pips per day. But is this truly achievable? You might… Read More »Can You Make 50 Pips a Day in Forex Trading
Imagine standing on the edge of a vast ocean, the waves representing the volatile forex market and each ripple signifying a Pip. In this world of foreign exchange, the term ‘Pip’ is thrown around quite often. As a trader, especially… Read More »What is 1 Pip in EURUSD: A Detailed Insight
RBA’s Decision Boosts AUD The Australian dollar has been recovering some of its recent losses in the wake of a decision by the Reserve Bank of Australia (RBA) to hold off on rate cuts. Despite a slump in fourth-quarter inflation… Read More »AUD Steady Climb After RBA Rate Pause
Euro continues to face pressure against the USD with the EUR/USD trading below 1.0800 as of Monday morning in Europe. The currency pair’s technical outlook doesn’t indicate any signs of a potential recovery, reinforcing the bearish trend. This comes after… Read More »Euro Faces Pressure Against the USD, Powell on Track for Rate Cuts
GBP/USD Resilience Post BoE Policy Announcement Following the Bank of England’s decision to maintain the policy rate, GBP/USD showed resilience by stabilizing above 1.2650, despite earlier losses. Governor Andrew Bailey’s cautious stance on policy timing contributed to this stability. GBPUSD… Read More »GBP/USD Resilience EUR/USD Stability Post BOE & FOMC
Is there any truth to the theory that psychological barriers pose the most significant obstacles to success in forex scalping? As you navigate the fast-paced and unpredictable world of forex scalping, you’ll inevitably encounter a range of mental challenges. From… Read More »Decoding Psychological Hurdles in Forex Scalping
Forex scalping is a rapid-fire trading strategy where traders dive in and out of the market, seeking to capture small price movements. This technique, known for its potential to yield quick profits, demands a keen eye for detail and swift… Read More »Pros and Cons of Forex Scalping
Did you know that using the right indicators can significantly improve your chances of success in scalping? Now, you might be wondering, “What are these best forex scalping indicators for beginners?” Imagine you’re a trader focusing on forex scalping. You… Read More »Best Forex Scalping Indicators for Beginners in 2024
The EURUSD currency pair maintained its position above the 1.0800 level on Tuesday following the release of key economic data from Germany and the Eurozone ahead of JOLTS report. The data revealed that the Eurozone GDP experienced a slight growth… Read More »EURUSD Hovers Above 1.080 Ahead of JOLTS Report
Crude Oil Maintains Positive Trajectory West Texas Intermediate (WTI) oil price grapples to continue its gains for the second consecutive session. The strength in crude oil prices is attributed to the recent development of the Medium-term Lending Facility (MLF) rate… Read More »WTI(Crude Oil) Price Climbs, Pressure Mounts on EURUSD Ahead of ECB Decision, GBP/USD Steadies