Forex Trading Education : Forex Trading Blog by FOREXYARD

Forex News: AUD/JPY in Pennant Formation; Bearish Move Ahead?

The ascendant Japanese yen has continued to pull the AUD/JPY pair higher, but we are beginning to see a long-term bearish formation building. Following the sharp drop from early May, the pair has continued to fluctuate within a steadily climbing, ...

Forex News: EUR/USD Reversing Trend?

Forex Flash Update: Is the EUR/USD reversing its uptrend? The movement of the EUR/USD over the past several weeks has been unanimously in an upward direction, but analysts are now seeing the pair stall, and there is a chance that ...

Swedish Krona Champion of Summer-Time Growth?

Which currency would you claim as the strongest in Europe these past three months? Only forex traders familiar with the variety of instruments available in Europe would think to guess Sweden’s krona (SEK). It’s not that the SEK is the ...

Forex Update: U.S. Interest Rate Decision on Tap Today

The US dollar rose against the other major currencies on Monday as investors squared up positions a day ahead of this week's Federal Reserve monetary policy announcement.

Forex News: ADP Employment Figures and the US Dollar

Following the flow of recent negative economic data, the US dollar dropped to its lowest level in 4 months, prompting speculations the Federal Reserve may renew its monetary easing and start its bond purchasing program again.

EUR/JPY Breaks Out of Range; Makes Bullish Leaps

The recovery of the euro appears to have gotten underway, with previous psychological barriers being broken daily this week. We've already seen breaches on the EUR/USD, EUR/CHF, and the EUR/CAD; it appears like we now have a breakout forming on ...

Forex News: Stress Tests Positive, or Ineffective?

EUR/AUD – Short-Term Buy; Long-Term Sell

The euro has been losing ground against the Australian dollar (AUD) for more than a year now, but we have been seeing signs of a pause at the current level, near a price of 1.4500. Traders who were expecting positive ...

Silver’s Silver Lining: Buying on the Bounce

The summer of weak price movements for precious metals is now fully underway and investors are watching as the price of gold and silver are trading sideways. This price action has a long history. For one reason or another, the ...

Buy Signals on the EUR/JPY

The euro has been falling since Friday against most of its currency counterparts, but few traders are concerned since many indicators are pointing toward an impending correction. As can be seen below, the EUR/JPY has reached the lower border of ...