Forex Trading Today - EUR GBP JPY AUD CAD Exchange rate forecast for Swing and Day Trading


The above may be helpful for swing and day traders. Daily Market Brief for more ideasFor Reference Only.

EURUSD (European Union Euro to US Dollar rate) GBPUSD (British Pound to US Dollar rate) AUDUSD (Australian Dollar to US Dollar rate) USDCAD (US Dollar to Canadian Dollar rate) USDJPY (US Dollar to Japanese Yen rate) USDCNY (US Dollar to Chinese Renminbi(RMB) Yuan rate) USDRUB (US Dollar to Russian Ruble rate) BTCUSD (BitCoin to US Dollar rate)

Swing Trading : a short-term(days to a couple of weeks) trading method and focuses on taking smaller gains.

Day Trading : Day trading could make it possible for trader to get some good profits fast. However, it can be very risky. It is very difficult to do and demands a high level of concentration. Trader has to sit in front of computer screens and practically glue their eyes to the price action. Day trader should use a risk-management method keeping capital losses to a minimum. Again, day trading could be Very Risky.