Live Forex Trading - Euro Needs to Clear Key Resistance Before Buying!

Euro Needs to Clear Key Resistance Before Buying!

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In today's live trading webinar, we went over the European Central Bank's (ECB) rate decision and what effect it may have on the Euro. We then identified a few last-minute setups to take before Friday's market close. Like many other banks…
Live Forex Trading - Canadian Monetary Policy Boosts CAD

Canadian Monetary Policy Boosts CAD

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In today's live trading session, we went over the Canadian monetary policy statement and its consequent effects on the Forex market. We then spent the rest of the session looking for trades to take to finish the week off. This morning the…
Live Forex Trading - EURUSD and EURJPY Profits + DXY Ready to Melt?

EURUSD and EURJPY Profits + DXY Ready to Melt?

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In today's live trading session, we went over the status of our Euro trades, and then we gave our members an update on the US Dollar Index (DXY). In yesterday's live trading session, we discussed the possibility of taking an intraday short…
Live Forex Trading - COT Report Hints Bullish Euro and Bearish Dollar

COT Report Hints Bullish Euro and Bearish Dollar

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In today's live trading session, we determined the bias for many of the major and minor currency pairs. This was achieved by first analyzing the US Dollar Index (DXY) and then looking at the rest of the Forex pairs. After analyzing the US…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight

Weekly Profit Recap + Next Week Market Insight

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In today's live trading session, we did a recap of how our week went, and then we completed price action analysis to determine trades for next week. The current market choppiness appears to be here to stay. For this reason, we reduced the…
Live Forex Trading - US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

US Dollar Bulls Are Back? + CADJPY and CADCHF Trades

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In today's live trading session, we went over the results of the US unemployment claims and then completed analysis for the Dollar Index to determine the direction of the majors. This morning the US economy printed a result of 1.314 million…
Live Forex Trading - Beware of Smoke Screens + AUDJPY Short Setup

Beware of Smokescreens + AUDJPY Short Setup

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In today's live session, we focused on the fundamentals behind the recent rallies for the Euro and whether if these rallies are here to stay or if they are all smokescreens. At the start of the week, many of the European pairs seemed to be…
Live Forex Trading - Gold Almost at 1800 + CADJPY Short Ready?

Gold Almost at 1800 + CADJPY Short Ready?

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In today's live trading session, we spoke about Gold's journey to 1800 as well as trade setups for CADJPY and NZDCAD. Back in December 2019, RP Forex made a bold prediction that Gold would reach at least $1800 by the end of 2020. Fast forward…
Live Forex Trading - Positive USD Manufacturing Data + EURUSD Short?

Positive USD Manufacturing Data + EURUSD Short?

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In today's live trading session, we discussed this morning's US manufacturing data and then completed analysis to determine possible trades for the week. This morning the US economy printed a result of 57.1 versus an expectation of 50.0 for…
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Risk Management: Factors Currently Affecting the Price of the USD

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The first step to minimizing risk in Forex trading is to understand the factors that drive currency prices. In this article, we’re going to take a look at the recent decline of the USD and what may be causing it. COVID-19 It’s been almost…