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.
Understanding how to read and use pips on XAUUSD can make a big difference in how well your trading goes. It’s like having a secret weapon for understanding how gold trading works in the forex market. This comprehensive guide aims… Read More »Reading Pips on XAUUSD: A Step By Step Guide
The quest to earn 100 pips per day represents a significant goal that demands a deep understanding of market dynamics, a disciplined approach, and a strategic mindset. Throughout this article, we will delve into the essential components that form the… Read More »Strategies for Earning 100 Pips Per Day
The Australian Dollar (AUD) to US Dollar (USD) exchange rate is showing a slight increase, as it trades close to 0.6530. This comes after the release of mixed data from China. China’s Consumer Price Index (CPI) dropped 0.8% YoY in… Read More »Slight Increase in AUD Following Release of China CPI Data
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
