Traders often compare forex vs stocks to determine which market is better to trade. Despite being interconnected, the forex and…
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US dollar touches 20-year high as markets shun risk over US Fed rate hike
NEW YORK — The U.S. dollar reached a new 20-year high on Monday as risk-off sentiment stemming in part from concerns over…
Continue ReadingEUR/USD: Bulls run out of steam just ahead of 1.0600 post-Payrolls
EUR/USD comes under some selling pressure after the daily recovery stalled near the 1.0600 region at the end of the week.…
Continue ReadingHow RSI indicator is used with Elliott Wave
There are several different momentum indicators. One of the popular ones is the RSI (Relative Strength Index) which was developed…
Continue ReadingADP Employment Change April Preview: Will employment threaten Fed rate increase?
Following Tuesday’s choppy action, markets remain calm early Wednesday as investors move to the side lines ahead of the US…
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