Latest Articles

Why to trade with multiple time frame charts? | Part 1
By: HotForex - 24 October 2014

 As the traders who read my articles are aware by now I do not favour an idea of basing one’s analysis and trades on price action in a single time frame chart. New traders [...]

EURUSD trading in tight range in the European session. US New Home Sales on focus in the afternoon.
By: HotForex - 24 October 2014

EURUSD traded sideways yesterday and closed at 1.2646. Data released from the Eurozone revealed that the Flash Manufacturing Purchasing Managers Index rose to 50.7 in October. The Flash Services PMI also registered a rise [...]

BoE concerned about Euro area slow down impacting UK
By: HotForex - 23 October 2014

The Bank of England’s MPC meeting yesterday (Oct. 22nd) voted 7:2 against rate hikes. This was expected by the analysts and the same members, Weale and McCafferty, voted for a 0.25% hike as the [...]

EURUSD is trying to resume the downtrend. US Unemployment Claims on focus today.
By: HotForex - 23 October 2014

EURUSD dropped yesterday and closed at 1.2644. The United States dollar gained ground against its European counterpart after data released from the US revealed that the Consumer Price Index in the largest economy of [...]

Need for safe haven increases demand for gold
By: HotForex - 22 October 2014

Since the International Monetary Fund (IMF) lowered its estimation for global growth for 2015, the equity markets have seen a sizeable correction. Last week, before the correction in stock indices was reversed, over $3.2 [...]

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