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In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 6th session. USD/JPY — We initially tried to fall and then turned around and formed a rather positive candle during the day on Wednesday. I think that the...

Dear traders, The whole world was waiting for this event — on December 16 of this year, the US Federal Reserve (FED, the central banking system of the United States) raised its interest rate for the first time for the last 9 years. The base rate was...

The U.S. dollar started the Asian trading session on Monday on a positive note, following the statement of Ben Bernanke, the chairman of Federal Reserve Bank, last Wednesday indicating that Fed might narrow down asset purchases later this year given...

GROWTHACES.COM Forex Trading Strategies: Taken Positions AUD/USD: long at 0.7600, target 0.7800, stop-loss moved to 0.7610, risk factor ** EUR/GBP: long at 0.7270, target 0.7450, stop-loss 0.7190, risk factor ** AUD/JPY: long at 90.75, target 93.00,...

Overview: NZD/USD is consolidating with bearish bias after hitting near-six-month low of 0.8137 on Thursday. The rate is undermined by contagion from weak Aussie; renewed speculation that Federal Reserve might taper its bond-buying program in coming...