Visa Forex Trade

08/21/2023

GOLD is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 3 days.

08/19/2023

Stay informed on what happens in the all day long with our detailed Technical analysis covering multiple pairs

08/17/2023

Cable has been on the back foot over recent days as the dollar has gained ground due to its haven qualities. However, we have a very crucial Bank of England rate decision tonight and investors are poised for more volatility in the pound as traders assess the latest update from the MPC. Cable is sitting on monthly lows and a break to the down side could see it challenge fresh levels down to 1.2300. But, most traders are focused on the continentally high inflation numbers out of the UK and although we are expecting a 25 bps increase, some see that a 50 bps is not beyond the realms of possibility – if this was to occur, traders will be looking to buy sterling, although a lot of experienced heads would rather be long on the crosses than against the dollar. Those that want to buy pounds and see this as low levels for the dollar will load up heavily.

08/17/2023

How much profit should you target to make in a day? Contrary to popular belief, the correct answer might surprise you: you should in fact NOT have a daily profit target.⁣
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The reason for this is that with a daily profit target, you are forced to compromise on your trading conditions just to squeeze out a couple more pips in order to hit it.⁣
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Share this with someone who has a daily target when trading!⁣
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This is not investment research and is for information purposes only. This material does not contain and should not be considered as containing - investment advice and recommendations, or suggestions for performing any actions with financial instruments.⁣
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07/16/2023

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07/14/2023

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07/14/2023

07/14/2023

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07/14/2023

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07/14/2023

07/14/2023

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