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As with any new skill, there are pitfalls to avoid on the road to mastery. In this session we address some of the common mistakes Forex traders make and offer suggestions to bypass these expensive learning lessons.

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EUR/USD hovers around the 34-months lows amid growth concerns

EUR/USD is trading below 1.0850, just above the lowest since April 2017. Concerns about eurozone growth are weighing on the common currency. Markets are watching coronavirus developments. 


USD/JPY steadily climbs to session tops, eyeing to reclaim 110.00 mark

USD/JPY attracts some dip-buying after disappointing Japanese Q4 GDP growth figures. The safe-haven JPY was also weighed down by improvement in the global risk sentiment. Holiday in the US might hold investors from placing aggressive bullish bets and cap gains.


GBP/USD shrugs off Brexit concerns and holds its ground

GBP/USD is trading around 1.3050, little-changed. The French foreign minister warned of acrimonious Brexit talks as the UK's chief negotiator is laying down a tough stance. 


Gold slips below $1580 level amid improving risk sentiment

Gold retreats from two-week tops amid receding demand for traditional safe-haven assets. The precious metal failed to capitalize on its recent positive move to near two-week tops and edged lower during the early European session on Monday amid fading safe-haven demand.

Gold News

WTI: Probes 21-day SMA amid bullish MACD

WTI slips from the monthly top to $52.40 during Monday’s Asian session. In doing so, the pair confronts short-term resistance while staying above the 10-day SMA. Also favoring the buyers are technical indicators like MACD and RSI.

Oil News