Use of the ADX and RSI indicators to spot market trends.

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With respect to monthly economic reports, what the market focuses on most can shift over time. The U.S. pending home sales index for August is the only monthly report listed on tomorrow’s calendar which has some recent history of moving the major currency pairs. This report has been a decent leading indicator for existing [...]

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This is the Daily Market Wrap of the financial markets. If you enjoy the video, please comment or visit us to see our other complimentary services at http://www.thelfb-forex.com

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Daily analysis of the US forex market trading session with DailyFX Currency Strategist John Kicklighter and Terri Belkas. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas.

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Existing home sales seems like a relatively straight forward release but it is more complex than it first appears. The release measures the number of homes sold over the last monthly period and the average prices for those homes. This is a critical release for the U.S. right now and can definitely impact forex traders. [...]

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More information about base currency and how to read a pair.

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Explanation how currency quotation works on Forex.

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Explanation why dollar is the world currency.

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History about Global Currency System, and how US Dollars become International payment.

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