Justin Freeman, Author at ForexFraud.com

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Author: Justin Freeman

Justin has twenty-two years' of experience working in the financial markets with brokers. He's held trading and risk management positions at boutique asset managers and large investment banks. Justin helps people understand their trading options in a clear, jargon-free manner.

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Latest News

AUD under pressure as news weakens its outlook

Published: August, 2020.

The Aussie dollar appeared to be hitting a bit of a rough patch as a series of news releases were released yesterday. As traders reacted to this forex news, the markets seemed to be looking for signals to push them in a certain direction as they ...

EUR/JPY nears 2020 highs – are the bulls ready to show?

Published: August, 2020.

Although it has shown itself to be a bit of a slow starter over the last few months, things appear to be beginning to heat up for the EUR/JPY. This was particularly true in recent weeks, where the EUR/JPY hit weekly lows of 124.30 in light of the ...

EUR/USD hits $1.18 following German sentiment survey

Published: August, 2020.

Despite seeing some positive gains on Monday following the posting of positive news regarding the details of a stimulus package and US labour market data, the USD has suffered a minor blow against the EUR as the economic situation stabilises in ...

USD rising against EUR as aid package looms

Published: August, 2020.

Having fallen almost 10% since late March, the USD has been taking quite the thrashing as of late. However, news today seemed to indicate that better days might be on the horizon as currency traders eye a number of key developments. As one of the ...

EUR/USD overbought? Pair uncertain after 1.1916 hit

Published: August, 2020.

The single European currency has done well for itself in recent weeks and even managed to hit some new highs for the year. At one stage recently, it was spotted at 1.1916 in its pair against the greenback, though it has since retraced its steps a ...

GBP/USD stuck at 1.31 for the week?

Published: August, 2020.

Sterling seems destined to remain close to the 1.31 level in its pair with the dollar at the moment. In some ways, this is good news for the pound. It has suffered significantly in recent months thanks to Brexit and the coronavirus pandemic, and the ...

NZD/CAD dips after 0.9011 peak

Published: August, 2020.

The New Zealand dollar was one of the forex market’s best performers last week, at least in the first few days. This was especially true in relation to its pair with the Canadian dollar. This pair saw a position of 0.9011 at one stage, which was ...

GBP/CAD in the spotlight following recent 1.7675 high

Published: August, 2020.

The British pound went up to a strong position against the Canadian dollar last week, reaching 1.7675 at one stage. It then dropped somewhat – but overall, it had a positive week in this pair, as it did in many other pairs. It managed to conclude ...

CAD/JPY – stuck near 77.61 for the long term?

Published: August, 2020.

The Canadian dollar suffered in the foreign exchange markets last week, and its performance in its pair with the Japanese yen was no exception. Here, the currency went down to its worst performance in around 10 weeks. Its new-found low level, 77.61, ...

AUD/JPY – where next for the pair from the 76.87 point?

Published: July, 2020.

The Australian dollar has been riding high in the markets recently after a move away from the perceived safety of the greenback led to take-up for riskier currencies. Last week, the Aussie managed to score its best performance in more than a year ...