Urban Trading Strategy

The Urban trading strategy is just like its name. It is a trading strategy designed for traders who do not want to be get bothered by an overly complicated market strategy. This strategy follows the trend and increases its win rate with the adoption of the very versatile Ichimoku Kinko Hyo indicator. The Urban trading strategy [...]

Role of market sentiment in Forex Trading

All traders in the global trading community will always have an opinion concerning the Forex market. Everyone has a personal perception of why the Forex market is moving in a particular way, and it's during trading that traders reveal this view in any trade they take. A trader must understand that the Forex market is [...]

Moody’s outlook for US GDP supports greenback

The dollar climbed on Monday due to recent news supporting the greenback. As per the recent summary from the global rating giant Moody’s, US economic growth is likely to accelerate further and pose “the strongest two years of growth since 1950-1951 at the height of the post-World War II economic boom.” The analysis expects 7.0% [...]

EUR/USD Weekly Forecast (03rd May 2021 – 07th May 2021)

Fundamental view: The Euro rallied in the past week and reached April highs after the US Federal Reserve announced its monetary policy decision but was unable to sustain gains and finished the week flat a handful of pips below the 1.2100 level. The central bank of US maintained its monetary policy unchanged as widely anticipated by [...]