In this video you will learn how to trade forex trading opportunities against the main trend. Trading against the main trend makes only sense when there is a volatility and enough room to target to the next support/resistance zone. You willl learn how to trade against the main trend on this USD/JPY short trading setup.

Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the fx market. Don’t trade with money you can’t afford to lose. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Weekly forex outlook opinions on this page are for informational purposes only and are not investment advice. You should do your own research before making any investment decisions and take full responsibility for your own results, performance.

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Editors’ Picks

EUR/USD falls below 1.1300 as dollar keeps its strength ahead of Fed

EUR/USD is trading in the negative territory below 1.1300 on Wednesday as markets wait for the FOMC to announce its policy decisions following its two-day meeting. The US Dollar Index holds above 96.00 ahead of the American session, supported by the modest recovery seen in US Treasury bond yields. 

EUR/USD News

GBP/USD holds above 1.3500 for now on improving sentiment

GBP/USD is posting modest daily gains above 1.3500, supported by the positive shift seen in market sentiment. The UK's FTSE 100 Index is rising more than 1.5% and S&P Futures are up 2.4% ahead of the Fed's policy announcements. 

GBP/USD News

USD/JPY remains well supported above 113.70 ahead of Fed decision

USD/JPY recaptures 114.00 amid resurgent US dollar demand. Markets expect Fed to shift to the hawkish pivot, hinting at a March rate hike. 50-DMA is the level to beat for bulls while above the critical support at 113.72.

USD/JPY News

Editors’ Picks

EUR/USD falls below 1.1300 as dollar keeps its strength ahead of Fed

EUR/USD is trading in the negative territory below 1.1300 on Wednesday as markets wait for the FOMC to announce its policy decisions following its two-day meeting. The US Dollar Index holds above 96.00 ahead of the American session, supported by the modest recovery seen in US Treasury bond yields. 

EUR/USD News

GBP/USD holds above 1.3500 for now on improving sentiment

GBP/USD is posting modest daily gains above 1.3500, supported by the positive shift seen in market sentiment. The UK's FTSE 100 Index is rising more than 1.5% and S&P Futures are up 2.4% ahead of the Fed's policy announcements. 

GBP/USD News

Gold on the defensive below $1,850, focus remains on FOMC

A combination of factors dragged gold away from over two-month high touched on Tuesday. A recovery in the risk sentiment, Fed rate hike bets acted as a headwind for the commodity.

Gold News

Dogecoin short squeeze will launch DOGE to $0.25

Dogecoin price has been on a wild ride over the past few weeks. After gaining more than 50% between January 11 and January 15, DOGE dropped a further 44% to print new nine-month lows. 

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Bank of Canada Rate Decision Preview: No surprises for a 25bps rate hike Premium

BOC to keep the overnight rate steady at 0.25% at its first policy meeting of 2022. A surprise 25-bps rate hike cannot be ruled out amid hotter Canadian inflation, labor market. 

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