by Michael Bridgman | Dec 3, 2020 | Forex Tips
I’m avoiding the GBPUSD due to volatility with the ever changing Brexit deadlines and rumours. Even if an agreement between the U.K. and E.U is confirmed, it will just take one European nation to veto it. The EURUSD and USDCAD are my favourite pairs this week....
by Michael Bridgman | Dec 2, 2020 | Forex Tips
The last month of the trading year is here. We believe we know who won the U.S. election but still await President-elect Biden’s certification. What we don’t know for sure is when Brexit will be resolved (hopefully by year end) and how the new President of the...
by Michael Bridgman | Nov 27, 2020 | Forex Tips
The USD has softened this week as it moves to test its September 1st low. The market has been focused on an improving global outlook for next year. Overall the market remains “risk on” in sentiment and the EURUSD closed above 1.1900 on the U.S. Thanksgiving holiday....
by Michael Bridgman | Nov 24, 2020 | Forex Tips
Last week was the slowest and most boring trading that I have seen in a long time. It appeared that a lot of institutional money remained on the sidelines awaiting confirmation of direction. The USDJPY was my favourite pair to trade last week but it’s moves were...
by Michael Bridgman | Nov 18, 2020 | Forex Tips
Traders are struggling with USD strength and weakness. The equity markets are rising one day over optimism for a Covid 19 vaccine then falling the next over concerns about the rising number of new infections, closures, new restrictions and the potential impact on the...
