Posts
Bearish US Sales Data, Dollar in a Limbo
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning's US retail sales data came out much worse than expected, and traders could see further weakness in the Dollar as a result. Despite attempting another push higher, the Dollar is stuck in limbo.
The core retail sales data came…
NZD Profits + Bearish Outlook for FOMC
Forex Trading Analysis, Live Trading Room, Market OpinionIn today's live trading session, we went over the profits made from our trades taken yesterday. We then explained why we have a bearish bias for the major currency pairs in relation to tomorrow's FOMC rate decision.
During yesterday's session,…