Non-Farm Payrolls, commonly known as NFP, is one of the most important economic reports in the forex market. Released by the U.S. Bureau of Labor Statistics on the first Friday of every month, the report measures the number of jobs added or lost in the U.S. economy during the previous month, excluding farm workers, government employees, private household employees, and some non-profit workers. Because the United States has the world's largest economy and the U.S. dollar is in

EUR/USD remains under pressure as the economic gap between the U.S. and Eurozone continues to widen. Strong U.S. growth, supported by resilient consumer demand, solid economic data, and AI-driven investment, contrasts sharply with weakening Eurozone activity, where recent PMI data points to a possible economic contraction. Despite markets pricing in nearly three ECB rate hikes by April next year, the euro has struggled to benefit. Investors appear more focused on growth prosp

No, we don't use GRID/Martingale. The sequence of trades can be opened in a controlled risk manner by use of algebra, R = L[T∑n - X(∑n ² - ∑n)] the sequence and series part of algebra. However, we must know the direction first. And, we need wholesome analysis for the direction. In the sequence formula mentioned above, R is risk (the amount which we put on risk), L is initial lot size, T = total price range in which we are going to open positions, n is number of positions, X

No, we don't use GRID/Martingale. The sequence of trades can be opened in a controlled risk manner by use of algebra, R = L[T∑n - X(∑n ² - ∑n)] the sequence and series part of algebra. However, we must know the direction first. And, we need wholesome analysis for the direction. In the sequence formula mentioned above, R is risk (the amount which we put on risk), L is initial lot size, T = total price range in which we are going to open positions, n is number of positions, X

One of the biggest advantages of the forex market is that it operates 24 hours a day, five days a week. However, this does not mean the market behaves the same way throughout the day. Different financial centres around the world open and close at different times, creating distinct trading sessions with their own characteristics. Understanding forex trading sessions can help traders identify when the market is likely to be most active, which currency pairs may offer the best o

USD/JPY has climbed back to the key 160 level, supported by a stronger U.S. dollar, rising U.S. yields, and higher oil prices. Escalating tensions in the Middle East have pushed energy prices higher, which is particularly negative for Japan because it relies heavily on imported energy. Higher oil costs increase inflation pressures while weighing on economic growth. The U.S. dollar is also benefiting from strong economic data. JOLTS job openings came in much stronger than expe

GBP/USD has rebounded strongly from its recent pullback and is now testing a key resistance zone around 1.3475, near the yearly open. This area is likely to determine the pair’s next major move. A sustained break above resistance would signal that the broader uptrend is resuming, while failure to break higher could leave the pair vulnerable to a deeper correction. On the upside, a breakout could target 1.3534 - 1.3572. However, bulls need to maintain support above 1.3370 to k

Many traders spend months learning technical analysis, indicators, chart patterns, and trading strategies. While these skills are important, they are only one part of becoming a successful trader. One of the most overlooked aspects of forex trading is psychology. Trading psychology refers to the emotions, thoughts, and mental habits that influence your trading decisions. It affects how you react to profits, losses, market volatility, and uncertainty. Even a profitable trading

EUR/USD is holding near 1.1650, supported by stronger Eurozone inflation data and a softer U.S. dollar. Higher inflation and stronger-than-expected core inflation have reinforced expectations of another ECB rate hike on June 11, which is providing near-term support for the euro. However, concerns remain that higher borrowing costs could further slow the already weak Eurozone economy. On the U.S. side, the dollar remains range-bound as markets monitor Middle East developments

USD/JPY remains supported by a combination of higher energy prices, U.S. economic strength, and ongoing weakness in the Japanese yen. Rising oil prices are particularly challenging for Japan, which relies heavily on energy imports, while they tend to support the U.S. dollar. The main downside risk for USD/JPY is a meaningful slowdown in the U.S. economy, especially signs of weakness in the labour market. This week's key U.S. data releases, including JOLTS, ADP employment, ISM