3 Lies Traders Should Avoid Today
One of the things that makes retail trading unique as a pastime, or even a career, is the degree of honesty and self-reflection it requires. There are many jobs that…
Has USD Peaked? Warning To Bears
Over the past couple days, the USD has retraced considerably from the highs as the dollar index is lower by another 1% today. A couple of things have signaled that…
How to Trade GBPUSD Now
GBP/USD continued its multiday rally this morning, jumping over 160 pips intraday. After finding strong support at the 1.22 level last Friday as US import prices month-over-month remained static despite…
Why You Should Buy USD Now
The dollar index (DXY) is up another 0.24% today as price touched new highs around $104.20. USD is largely stronger today, and some key factors suggest that the dollar could…
Warning Just Flashed On Global Indices
A big warning sign is occupying the minds of investors as a new wave of the virus in China emerges. City-wide testing in Shanghai and Beijing have been going on…
3 USD Pairs To Watch This Week
After breaching the $100 level, DXY is still remaining strong today. Price action on major USD pairs has been considerably volatile since the Asian session last night and futures market…
Should You Be Buying Kiwi Right Now?
Over the past couple weeks, New Zealand’s kiwi has not been performing to the expectations investors expected. Analysts expected another 25 bp rate hike on Tuesday, but they were surprised…
3 Pairs That Will Make Moves This Week
From risk-on to risk-off, it seems like market behavior is changing day to day. Investors struggle to pick a directional bias for major pairs, equities and commodities due to uncertainty…
USD Pairs To Watch For Next Week
DISCLAIMER: All comments made by TraderNick’s Forex Group, LLC are for educational and informational purposes only. All comments should not be construed as investment advice regarding the purchase or sale…
Future Interest Rate Increases
The topic of interest rates has been heavy on the mind of world-renowned investors such as Warren Buffett, as well as the world’s consumers, in the recent past. Interest rates…