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.
The coming week is set to bring a series of critical economic events that promise to create ripples across currency markets. Here, we’ve broken down the anticipated market movers and their potential impact on the trades you’re eyeing. In the… Read More »Essential Events for Traders Ahead of Powell Testimonies, ECB Rate’s Decision & JOLTS
The EUR/USD pair is under significant pressure today, with a notable movement toward the 1.0800 mark in the European morning session. Analysts attribute this downward trend to a resurgence of the US Dollar strength, fueled by deteriorating risk sentiment across… Read More »EUR/USD Faces Downward Momentum Amid Risk Sentiment Shift
The forex market braces for a potentially volatile week as a series of high-impact economic events are set to unfold. Each release bears weight and could significantly influence currency volatility and trading strategies. Here’s what traders need to be aware… Read More »Market Weekly Outlook: A Flurry of Economic Indicators Ahead
Can I make 10 Pips a Day in Forex? Can you imagine the satisfaction you may get by securing a consistent 10 pips a day in the volatile world of forex trading? Many traders are chasing this very goal. While… Read More »Strategies for Winning 10 Pips a Day in Forex Trading
How Do I Calculate My Lot Size in Forex? Did you know that nearly 96% of new Forex traders lose their entire investment within the first six months?. Whether you’re new to trading or a seasoned pro, getting this part… Read More »How Do I Calculate My Lot Size in Forex
The foreign exchange market sees a flurry of activity as traders and analysts closely monitor the leading currencies ahead of critical economic events, notably the release of the FOMC minutes. Amid the general market anticipation, Bitcoin shows signs of bullish… Read More »Currencies Brace for FOMC, Bitcoin Buoyant Above $50K
Gold continues its bullish run, rising to the $2,030 zone on Tuesday after concluding positively on Monday. The 10-year US Treasury bond yield is lingering below 4.3%, facilitating XAU/USD to push its uptrend. The Gold price (XAU/USD) is carrying forward… Read More »Gold Sustains Bullish Trend, AUD/USD Recovers Intraday Losses, EUR/USD Ascends Awaits of FOMC
As we step into the week’s trading session, the forex market appears to be treading on thin ice with currencies like EUR/USD fluctuating within a narrow band, while anticipation builds around crucial economic events poised to unveil in the upcoming… Read More »Forex Market Treads Carefully Ahead of FOMC and PMIs
As a forex trader, you’re constantly dealing with these pips, the petite seeds of your potential wealth. It’s the smallest unit of price movement in foreign exchange trading and grows to have a significant impact on your profits. Yet, many… Read More »Understanding Profit in Terms of Pips in Forex Trading
While you might think that setting a pip target is arbitrary or excessively risky, it’s actually a crucial aspect of your forex trading strategy. As a trader, you must understand how to calculate and set your pip targets to maximize… Read More »Deciding How Many Pips Should Be Taken as Profit
