Kathy Lien
BKTraders and Prop Traders Edge
How to use CFTC Commitment of Traders (COT) report to trade forex.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD clings to daily gains above 1.1800
EUR/USD keeps the fresh bid bias around the 1.1800 region as the NA session draws to a close on Tuesday. The pair’s decent bounce comes on the back of fresh downside pressure on the US Dollar as investors continue to fade the so-called “Warsh trade”. Next of note on the euro docket will be the preliminary inflation data in the euro zone on Wednesday.
GBP/USD consolidates gains below 1.3700
GBP/USD is trying to claw back some of the ground lost over the past couple of sessions, posting decent gains around the 1.3670 region on Tuesday. Cable’s bounce comes as the Greenback eases modestly, while attention now turns to the BoE’s event on Thursday.
USD/JPY extends winning streak as US Dollar rebounds, US data awaited
USD/JPY extends the advance to near 156.00 on USD’s continued outperformance. The US Dollar gains on Kevin Warsh’s nomination for Fed’s new Chairman and upbeat ISM PMI data. BoJ officials continue to support tightening monetary conditions.
Editors’ Picks
AUD/USD meets initial resistance near 0.7050
AUD/USD keeps its strong performance on Tuesday, looking to consolidate its recent break above the 0.7000 hurdle helped by the RBA’s hawkish hike, while the resurgence of the selling pressure continues to hurt the Greenback ahead of the opening bell in Asia. Investors, in the meantime, are expected to closely follow Wednesday’s release of the Chinese Caixin Services PMI.
EUR/USD clings to daily gains above 1.1800
EUR/USD keeps the fresh bid bias around the 1.1800 region as the NA session draws to a close on Tuesday. The pair’s decent bounce comes on the back of fresh downside pressure on the US Dollar as investors continue to fade the so-called “Warsh trade”. Next of note on the euro docket will be the preliminary inflation data in the euro zone on Wednesday.
Gold nears $5,000 on lingering political woes
Gold staged a strong rebound on Tuesday, snapping a three-day slide and turning its attention back to the key $5,000 mark per troy ounce. The move appears to be driven by bargain-hunting, helped along by renewed selling pressure on the US Dollar and a mixed tone in US Treasury yields.
Crypto winter began in January 2025, but end is near: Bitwise
The crypto market has been in a "full-blown" winter season since January 2025, following a 39% and 53% drop in Bitcoin (BTC) and Ethereum (ETH) prices from their all-time highs over the past few months, according to Bitwise Chief Investment Officer Matt Hougan.
Japan’s snap elections: The fiscal credibility test and the market playbook
Japan has opted for a snap election on 8 February 2026 rather than waiting for the normal electoral calendar, which makes this a faster, higher-stakes reset of political mandate.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
I’m often mystified in my educational forex articles why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. After working in investment banks for 20 years many of which were as a Chief trader its second knowledge how to extract cash out of the market.
5 Forex News Events You Need To Know
In the fast moving world of currency markets where huge moves can seemingly come from nowhere, it is extremely important for new traders to learn about the various economic indicators and forex news events and releases that shape the markets. Indeed, quickly getting a handle on which data to look out for, what it means, and how to trade it can see new traders quickly become far more profitable and sets up the road to long term success.
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and selling pressure. Chart patterns have a proven track-record, and traders use them to identify continuation or reversal signals, to open positions and identify price targets.
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The challenge: Timing the market and trader psychology
Successful trading often comes down to timing – entering and exiting trades at the right moments. Yet timing the market is notoriously difficult, largely because human psychology can derail even the best plans. Two powerful emotions in particular – fear and greed – tend to drive trading decisions off course.