Price Consolidation in Forex Trading

Forex traders love to trade on price consolidation breakouts. So what is a price consolidation? In terms of technical analysis, consolidation is the movement of an asset’s price within a well-defined pattern of trading levels. Consolidation is generally regarded as a period of indecision, which comes to an end when the price of the asset … Read more

Intervention threat trips Kiwi dollar

On Monday night eight armed men broke into Zaventem airport near Brussels.  They drove to a Swiss-registered aircraft that was loading on the ramp and transferred 120 packages from the hold into their van.  Mistaking their actions for the normal behaviour of baggage handlers, police allowed the men to carry off diamonds worth $50m.  So … Read more