Kathy Lien
BK Asset Management
After years of trading experience, I've identified why understanding divergences is the game-changing skill that separates successful traders from the rest. It's time for traders to stop getting caught in indicator confusion and start trading with precision!
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 retreats from multi-year tops past 1.1600
On Thursday, the EUR/USD extended its uptrend and reached its highest level since November 2021, north of 1.1600 the figure. The marked advance in the pair came in response to the pronounced decline in the US Dollar, aggravated after poor results from the US labour market and softer producer prices.
GBP/USD keeps the bid bias intact around 1.3600
Following an initial dip to the 1.3520 zone, the GBP/USD regained traction and traded over the 1.3600 mark on Thursday, building on Wednesday’s gains. The US Dollar (USD) is under heavy selling pressure following weaker inflation data and disappointing jobless claims number.
USD/JPY extends losses below 143.60 amid broad-based Dollar weakness
US Dollar is among the weakest G8 currencies on Thursday. The risk-averse sentiment triggered by a fresh tariff threat by US President Trump, coupled with higher hopes of Fed cuts, is pushing the USD/JPY to fresh weekly lows below 143.60.
Editors’ Picks
EUR/USD retreats from multi-year tops past 1.1600
On Thursday, the EUR/USD extended its uptrend and reached its highest level since November 2021, north of 1.1600 the figure. The marked advance in the pair came in response to the pronounced decline in the US Dollar, aggravated after poor results from the US labour market and softer producer prices.
GBP/USD keeps the bid bias intact around 1.3600
Following an initial dip to the 1.3520 zone, the GBP/USD regained traction and traded over the 1.3600 mark on Thursday, building on Wednesday’s gains. The US Dollar (USD) is under heavy selling pressure following weaker inflation data and disappointing jobless claims number.
Gold remains strong around $3,400
Gold maintains its weekly rebound well in place, now trading near the $3,400 mark per troy ounce following a strong retracement in the US Dollar, declining US yields across the curve and growing geopolitical tensions.
Cardano Price Forecast: Whales acquire 310 million ADA amid potential triangle breakout
Cardano (ADA) shows weakness as it reverses from an overhead trendline of a triangle pattern. The altcoin edges lower by over 1% at press time on Thursday, fueling a steeper correction in its Open Interest. Amid weakness, Cardano whales have acquired 310 million ADA tokens so far this month, projecting increased confidence as the triangle pattern nears resolution.
US tariffs here to stay, trade deals ‘largely symbolic’
Despite legal challenges to IEEPA tariffs, US trade policy remains firm. Tariffs on steel and aluminium have doubled, and new sectoral tariffs are expected. Trade deals may emerge, but most will be symbolic. Effective tariff rates will stay high throughout 2025.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
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...
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 Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.