A real-time economic calendar designed for Forex Traders

Economic Calendar
Traders (especially news traders) can find timely information about future events and news announcements organised by date/time, country and impact (previous and potential). The Economic Calendar provided below updates in real time. You can filter news events by expected impact and effected currency using the checkbox to the right side of the calendar. Select the currencies...
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EUR/USD is Likely Forming Double Bottom at 1.1510

EURUSD Technical Analysis Euro US Dollar
Key Highlights The Euro declined and retested the last swing low of 1.1505-10 against the US Dollar. There is a connecting bearish trend line in place with resistance at 1.1700 on the 4-hours chart of EUR/USD. The US Services Purchasing Managers Index (PMI) (Prelim) in June 2018 declined from 56.8 to 56.5. Today in the US, the New Home Sales Change for May 2018 wi...
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Become a successful and balanced trader with these 5 trading virtues

Get to know the trading virtues you need to develop for a successful trading career. Virtues are described as traits that revolve around moral excellence and positive characteristics. Commonly used for spiritual teachings, virtues are also great tools for traders to form the right attitude towards different trading scenarios. In the long run, having beneficial trading virtues c...
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USD/JPY Following Uptrend Above 110.00

USDJPY Technical Analysis US Dollar Japanese Yen
Key Highlights The US Dollar traded higher recently and settled above 109.80 against the Japanese Yen. There is a major ascending channel in place with support at 110.00 on the 4-hours chart of USD/JPY. The US Initial Jobless Claims for the week ending June 16, 2018 posted a decline from the last revised reading of 221K to 218K. Today in the US, the preliminary re...
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GBP/JPY Upsides Remain Capped By 146.00

Key Highlights The British Pound declined recently and settled below a major support at 146.20 against the Japanese Yen. There is a key bearish trend line in place with resistance at 146.90 on the 4-hours chart of GBP/JPY. Recently in the UK, the CBI Industrial Trends Index increased from -3 to 13 in June 2018. Today in the UK, the BOE interest rate decision is li...
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Gold Price Broke Key Support, Turned Bearish

Gold Price Technical Analysis
Key Highlights Gold price failed to hold a major support near $1,285 and declined against the US Dollar. There was a break below a major bullish trend line with support at $1,296 on the 4-hours chart of XAU/USD. The US Housing Starts in May 2018 increased 5%, more than the forecast of +1.4%. Today, the US Existing Home Sales figure for May 2018 will be released, w...
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GBP/USD Likely to Revisit 1.3200 In Near Term

GBPUSD Technical Analysis British Pound US Dollar
Key Highlights The British Pound declined sharply from well above 1.3400 and broke 1.3300 against the US Dollar. There was a downside break below 1.3330 on the 4-hours chart of GBP/USD. The pair is now in a bearish zone and it could decline back towards the 1.3200 level in the near term. Today in the US, the Building Permits for May 2018 will be released, which is...
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Can EUR/USD Hold The 1.1500 Support?

Key Highlights The Euro failed to move above the 1.1850 resistance and declined sharply against the US Dollar. There was a break below two key bullish trend lines with support near 1.1760 and 1.1700 on the 4-hours chart of EUR/USD. The Euro Zone CPI in May 2018 increased 0.5% (MoM), like the forecast. Today in the US, the NAHB Housing Market for June 2018 will be ...
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Develop an optimized trading strategy through trial and error learning

To strengthen performance and strategy, get to know the importance of trial and error learning. When trading forex, setbacks and errors are a vital part of the journey. Despite the ideal goal to constantly profit and avoid losses, forex traders can greatly benefit from the challenges of the market. Through trial and error learning, all endeavours and activities can be used as t...
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EUR/USD Eyeing Further Gains Above 1.1840

Key Highlights The Euro moved higher this past week and recovered above 1.1700 against the US Dollar. There is a major bullish trend line formed with support at 1.1720 on the 4-hours chart of EUR/USD. The pair must move above the 1.1840 barrier for more gains in the near term. Recently in China, the CPI for May 2018 increased 1.8%, similar to the forecast (YoY). ...
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USD/JPY Remains in Uptrend Above 109.40

Key Highlights The US Dollar traded higher and moved above the 109.00 resistance against the Japanese Yen. There is a short-term ascending channel forming with support at 109.60 on the 4-hours chart of USD/JPY. Recently in the US, the Initial Jobless Claims for the week ending June 2, 2018 declined from the last revised from 223K to 222K. Today, Canada’s net emp...
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