by Michael Bridgman | Apr 5, 2022 | Forex Tips
The EURUSD made a series of four lower highs today and a short was taken after it cleared its Asian low during the U.S. session overlap… risking 20 pips for a potential 69 pips to our daily target at 108.82. As price continued lower, we locked in profit taking...
by Michael Bridgman | Mar 28, 2022 | Forex Tips
The U.K. and Europe moved their clocks ahead on Sunday. North America is now in sync again having moved their clocks forward two weeks ago. Today there were no economic news releases in the U.S. session, but oil was moving down. A long was taken in the USDCAD in...
by Michael Bridgman | Mar 18, 2022 | Forex Tips
Despite this being the first of four triple witching days of 2022, the volatility didn’t appear to be more than we have been experiencing lately. After a steep sudden sell-off yesterday following the 25 bp interest rate increase in the U.K., the GBPUSD today moved...
by Michael Bridgman | Mar 15, 2022 | Forex Tips
The North American traders will be starting effectively an hour earlier and overlapping with the European and U.K. markets for an extra hour this week and next until Europe and the U.K. move their clocks ahead for Daylight Savings Time. Today after the economic...
by Michael Bridgman | Mar 11, 2022 | Forex Tips
Trading currently is very volatile. The invasion of Ukraine and sanctions on Russia have created so much uncertainty that the financial markets are extremely volatile. Today the CAD was very strong going into the U.S. session overlap and the EUR was very weak. Traders...
