Fundamental view: USD/JPY showed a mixed trend for the last week. Greenback lost its strength against Yen. The major news for this is the diagnosis of President Trump and First Lady Melania with COVID-19 on Friday. Japan Tankan Manufacturing Index on 1st Oct and US Unemployment Rate on 2nd Oct favored uptrend for the pair [...]
Fundamental view: The AUD/USD pair has recovered some ground these days, as the greenback remained out of the market’s favor. Little of interest happened in Australia last week. The most encouraging news came from the coronavirus front, as the country seems to have controlled the latest outbreak, reporting on average 20 new cases per day this week. [...]
Profit targets are the most important part of your trading. A profit target is a predetermined point at which an investor will exit a trade in a profitable position. It requires you work out in advance exactly how much risk you are prepared to take for how much potential reward. In this article we are [...]
The October month shock is here - US President Donald Trump and the first lady tested positive for corona virus Thursday. Trump tweeted that he and his wife Melania would begin their "recovery process immediately" and "get through this together." Minutes after Trump tweeted his positive test result, the White House physician said the president [...]
