Generated by All in One SEO Pro v5.0.1.1, this is an llms.txt file, used by LLMs to index the site. # Forextraders.com World's best forex deals and strategy ## Sitemaps - [XML Sitemap](https://forextraders.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Forex Explained - What are Forex Cross Pairs?](https://forextraders.com/forex-cross-pairs/) - Newcomers to the world of forex trading are often taught to concentrate on one to maybe three currency pairs in the market. The point is to become familiar with the nuances of a few specific pairings and then focus your trading strategy accordingly. The first recommendation is always the “EUR/USD”, which, according to the Bank - [What is the Best Time to Trade Forex in Malaysia?](https://forextraders.com/best-time-to-trade-forex-malaysia/) - The foreign exchange market – popularly known as the forex market – is by far the biggest financial market in the world. 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Many traders look to Asia when thinking of expanding their trading activities and trading in different regions, but another fascinating region for online - [Courses](https://forextraders.com/courses/) - [Profile](https://forextraders.com/profile/) - [Reset Password](https://forextraders.com/reset-password/) - [Registration Success](https://forextraders.com/registration-success/) - Welcome - [Registration](https://forextraders.com/registration/) - [Privacy and Cookie Policy](https://forextraders.com/privacy-policy/) - FINAFFILIATES LIMITED PRIVACY AND COOKIES POLICY Finaffiliates Limited will be hence forth referred to as "the owner," "Forextraders.com", "we" or "us". At Forextraders.com, we process personal data about our customers and visitors on our websites ("you"). We make efforts to handle your personal data with care, keep it secure and comply with data protection laws. - [Contact Us](https://forextraders.com/contact-us/) - We are always interested in getting feedback and ideas from our visitors. If you have any thoughts on how we can make ForexTraders.com an even better site or for any other matter. *No information, nor financial advice related to online trading is offered through contact. Please contact us via the form below: By submitting the - [Forex Brokers in Poland](https://forextraders.com/forex-brokers/forex-broker-poland/) - One of the bigger members of the European Union, Poland is definitely a market every Forex Broker looking to operate within the EEA should be eager to tap into. With a population of 38.5 million people, Poland is a heavyweight in a region dominated by small nation-states. 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Steve Miley - Market Chartist Steve Miley, the Market Chartist brings 24 years of financial market experience with him. - [Legal Disclaimer](https://forextraders.com/legal-disclaimer/) - This legal disclaimer applies to the use of Forextraders.com and its related services. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should - [About Us](https://forextraders.com/about-us/) - Welcome to ForexTraders.com! ForexTraders.com has experienced online forex professionals in your corner providing expert advice, educational tools, forex market commentary, and best practices guidance to ensure more time for your active trading. We started this forex portal because we have a genuine interest in trading forex and have seen a lot of pitfalls and also - [Top Forex Broker NGR ZA](https://forextraders.com/lp/top-forex-broker-ngr-za/) - [Top Broker VN](https://forextraders.com/lp/top-broker-vn/) - [Top Broker TH](https://forextraders.com/lp/top-broker-th/) - [Top Broker PH](https://forextraders.com/lp/top-broker-ph/) - [Top Broker MX](https://forextraders.com/lp/top-broker-mx/) - [Top Broker ES](https://forextraders.com/lp/top-broker-es/) - [LP](https://forextraders.com/lp/) - [Top Online Stockbrokers](https://forextraders.com/lp/top-stock-brokers/) - [Technical Analysis](https://forextraders.com/technical-analysis/) - [Authors](https://forextraders.com/authors/) - [Forex Education](https://forextraders.com/forex-education/) ## Forex Trading Education - [Simple 1, 5 and 15-Minute Forex Scalping Strategies](https://forextraders.com/forex-education/forex-scalping/simple-1-5-and-15-minute-forex-scalping-strategies/) - Scalping is a very attractive style of trading for many forex traders. 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The latter process need not be complicated, but most beginners tend to have more than half a dozen indicators at play on a single screen, a level of clutter that adds more complexity to the task - [Ichimoku May Appear Complex, but the Kumo Cloud Can Stand on its Own](https://forextraders.com/forex-education/forex-indicators/ichimoku-may-appear-complex-but-the-kumo-cloud-can-stand-on-its-own/) - The Ichimoku Kinko Hyo, or Ichimoku for short, indicator or trading system, is a relatively recent development originating in Japan back in the 1960s. The system combines a variety of indicators to create an overall picture of the market, thereby providing traders with high probability trading signals. 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Forex indicators, also referred to as technical indicators, are trading tools that online traders can use to generate buy and sell signals, monitor price trends, and attempt to predict future price action. The process of - [What is a Wedge Pattern?](https://forextraders.com/forex-education/forex-glossary/what-is-a-wedge-pattern/) - The wedge pattern is a common formation followed by technical analysts to forecast price reversals, often with a high percentage of accuracy. They are identified on a price chart by drawing two converging trendlines that resemble a wedge, which can either signal a bullish or bearish price reversal. 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Introductory Comments Fundamental Analysis and Technical Analysis (FA and TA) go hand-in-hand in guiding the forex trader to potential opportunities under ever - [Chart Patterns Scalping Strategy](https://forextraders.com/forex-education/forex-scalping/chart-patterns-scalping-strategy/) - In this article, we will take a look at various forex scalping patterns that can either benefit traders who prefer calmer markets or those who prefer to be more active during breakouts when trading economic news events, for example. Scalping the markets is a very common and popular trading style among technical traders who - [What Can the Fear and Greed Index Tell Us About Forex Markets](https://forextraders.com/forex-education/forex-market-sentiment/fear-and-greed-index/) - While financial market prices can be driven by a multitude of variables, it is a known fact that investor sentiment, sometimes referred to as market sentiment, can be a major force when markets begin moving significantly. 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This premium product has many market-leading features and is typically offered by high-end brokers who are well-regarded in the investment community. Traders can use cTrader to carry out research, book trades, manage risk, and monitor portfolio performance. - [The Best cTrader Brokers](https://forextraders.com/forex-education/forex-trading-software/the-best-ctrader-brokers/) - cTrader is a premium-grade trading platform known for providing all types of traders with an exceptional trading experience. Its easy-to-use functionality and professional grade trade execution is backed up by powerful software tools designed to tilt the odds in the favour of its users. 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The benefits of investing in the likes of corn, cotton, wheat, and soybeans extend past capital returns, as gaining exposure to the sector offers an opportunity to diversify a portfolio that might otherwise - [Commodity Trading Explained – Energy](https://forextraders.com/forex-education/commodities/commodity-trading-explained-energy/) - The basic foundation of the global economy is the movement of raw materials across the globe from their source to their ultimate user. Whether they are mined from below or raised from above as with agricultural products, commodities offer traders unique opportunities for profit. However, prices in the market can swing precipitously as a multitude - [Commodity Trading Articles](https://forextraders.com/forex-education/commodities/) - [How to use Fundamental Analysis in Forex Trading](https://forextraders.com/forex-education/forex-fundamental-analysis/) - Trading forex is straightforward. The hard part is making a profit. 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A central bank will use various monetary policy tools to guide an overheated or - [Oil and Forex: An Intimate Relationship](https://forextraders.com/forex-education/forex-fundamental-analysis/oil-and-forex-an-intimate-relationship/) - Crude oil is the world's most heavily traded commodity. As a raw material to make goods and then as a fuel to transport them, crude literally oils the wheels of the global economy. It has also turned some major oil exporters into global economic superpowers. Price moves in the oil markets can impact the value - [The Largest Market in the World - Why Is Forex Trading So Popular?](https://forextraders.com/forex-education/forex-fundamental-analysis/forex-the-worlds-largest-capital-market/) - In most countries around the world, forex trading is a popular form of trading among retail investors. The global forex markets are open 24 hours a day, Monday to Friday, and the average forex trading volume is over $7tn daily. As many traders know, the forex market is not only the largest trading market in - [How to Trade the Tweezer Top Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-tweezer-top-pattern/) - Technical analysis, or TA for short, is a trader’s best friend when it comes to finding the best opportunities for trading in the volatile forex market, but the subject matter is vast. Where do you start on your TA journey as a beginner? Indicators and pattern recognition are two key areas worthy of early study, - [How to Trade the Shooting Star Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-shooting-star-pattern/) - Candlestick charts are most technical traders’ favorite type by far, simply because they reveal more useful information visually than other charting methods. Information such as investors’ sentiment and emotions can often be determined by the candlesticks’ shape, magnitude, and colors. Candlesticks also form repeatable patterns that occur in any market and timeframe, which in many - [How to Trade the Morning Star Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-morning-star-pattern/) - Candlestick charts are an invaluable tool that technical traders use to determine investor sentiment, which, in turn, can help them determine when to enter or exit trades. Candlesticks also tend to form repeatable patterns in any market and timeframe, which often forecasts a potential change in price direction. In this article, we will explore a - [How to Trade the Marubozu Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-marubozu-pattern/) - Candlestick charts are by far the most popular chart type technical traders use today. They visually represent investor sentiment in a much clearer way than line bar charts would, for example. Because candlesticks represent investors’ behavior over a certain period, they tend to form repetitive patterns that often forecast a change in price direction, or - [Gold and Forex - How Gold Affects the Forex Market](https://forextraders.com/forex-education/forex-fundamental-analysis/how-gold-affects-the-forex-market/) - The value of gold influences the modern world's economies and, as a result, the forex markets. In ancient times gold coins were the currency of choice for much of the world. That situation gradually evolved into one where the value of paper currencies, such as the US dollar and the British pound, was supported by - [The Strategic Importance of the U.S. Dollar](https://forextraders.com/forex-education/forex-fundamental-analysis/the-strategic-importance-of-the-u-s-dollar/) - For the past two decades, foreign exchange or forex trading has increased dramatically in popularity across the globe. 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When the word "precious" is combined with "metals", people envisage bars, ingots, coins, and medals, which are portable and, therefore, a good store of wealth. Moreover, the price trends of precious metals over decades, even centuries, reveal a significant - [Forex Trading Glossary](https://forextraders.com/forex-education/forex-glossary/) - Financial Dictionary and Glossary with Common Trading Terms Navigating the world of forex terms is not always an easy task. As part of your forex education, we offer an extensive forex glossary. Our forex and finance glossary contains easy to understand definitions of all the major words and expressions you need to know. This page - [What Are Base Metals?](https://forextraders.com/forex-education/forex-glossary/what-are-base-metals/) - Base metals must not be confused with precious metals (PMs) - gold, silver, platinum, and palladium. A critical difference is that buyers of PMs must go the extra mile to store them securely because of their high value, which leads to complications. The latter includes storage, insurance, and transportation, significantly increasing quoted spot prices. Nonetheless, there - [What is WTI Crude Oil?](https://forextraders.com/forex-education/forex-glossary/what-is-wti-crude-oil/) - Crude oil has been a vital commodity in many economies since its discovery in the mid-1850s. In addition, the ubiquitous nature of crude oil derivatives, such as gasoline and plastic, means that crude oil plays a significant part in everyday life. Most beginner investors interested in commodity trading, particularly the energy markets, will undoubtedly come - [What is Brent Crude Oil?](https://forextraders.com/forex-education/forex-glossary/what-is-brent-crude-oil/) - Novice traders entering the world of commodity trading for speculative purposes are likely to encounter one of the major benchmarks for global oil prices: Brent Crude Oil. But what is Brent Crude Oil, and why is it so important? Crude oil is among the most actively traded commodities worldwide. Therefore, understanding its complexities and nuances - [What is a Commodity?](https://forextraders.com/forex-education/forex-glossary/what-is-a-commodity/) - Commodities have historically played a significant role in the development of the global economy. From the early days of trade, commodities such as gold, silver, and precious stones were used as currency and have served as valuable assets for individuals and nations. Commodities are everywhere, from your morning coffee to the fuel you put in - [What is OPEC Oil?](https://forextraders.com/forex-education/forex-glossary/what-is-opec-oil/) - As a novice trader, you might have come across the acronym OPEC and wondered what is OPEC oil. By understanding OPEC's history, goals, membership, and impact, individual traders can better understand the organisation's importance and role in the global economy. In this article, we will provide a brief overview of OPEC, its history, goals, members - [COT Report Trading Strategy: How to Use the COT Report in Forex Trading](https://forextraders.com/forex-education/forex-market-sentiment/cot-report-trading-strategy/) - If you are a beginner or even a tenured retail forex trader, you will have soon learned the importance of approaching the forex market with a well-practiced strategy. Developing a strategy is what will tilt the odds in your favour, and one way to do this is to discover what is going on in the - [What Is the COT Report in Forex Trading?](https://forextraders.com/forex-education/forex-market-sentiment/what-is-cot-report/) - Whether you are trading foreign exchange pairs or any other tradable asset for that matter, the direction that prices take in a market is often directly related to what is called investor or market sentiment. In the forex market, market sentiment is often equated with the current mindset of major speculators, but where can we - [Using Forex Market Sentiment Indicators](https://forextraders.com/forex-education/forex-market-sentiment/market-sentiment-indicators/) - The forex market is by far the largest financial market in the world with trillions of dollars of transactions taking place on a daily basis. A large portion of these daily transactions are made by traders who trade for speculative purposes only, which makes the forex market a very competitive and potentially lucrative market to - [Forex Sentiment Analysis – A Beginner’s Guide](https://forextraders.com/forex-education/forex-market-sentiment/beginners-guide/) - If you are new to trading currencies, you have probably already heard about technical and fundamental analysis, but what about forex sentiment analysis? The purpose of this article is to present a beginner’s guide to those who are unfamiliar with the concept of sentiment analysis. We will explore what it is and how it works, - [What Is Market Sentiment in Forex?](https://forextraders.com/forex-education/forex-market-sentiment/) - Market sentiment is an important concept in forex trading that can be very useful in evaluating the collective investor ‘mood’ of market participants. Knowing what forex market sentiment is, and how it can be used to inform one’s own trading decisions, is an essential part of market analysis. In this article, we will explore the - [How To Use Expert Advisors in MT4](https://forextraders.com/forex-education/forex-trading-software/how-to-use-expert-advisors-in-mt4/) - Before we examine how to use Expert Advisor in MT4, let's first understand what MT4 (short for MetaTrader 4) is all about. Indeed, it's a massively popular trading platform developed by MetaQuotes Software in 2005 and licensed to forex brokers who function as MT4 servers to their clients. So, if you are one of the - [Forex for Dummies - How to Learn Forex Trading for Beginners](https://forextraders.com/forex-education/forex-for-dummies/) - There is no doubt about it - Foreign exchange trading, or forex, has garnered enormous popularity in the last decade, as droves of newcomers have crossed over from stocks and other investments to test their skills with the currencies of the world. In this forex trading for dummies course we will lay down - [How to Install Indicators on MT4](https://forextraders.com/forex-education/forex-trading-software/how-to-install-indicators-on-mt4/) - Remembering that our focus is on trading currencies, commodities and securities, much depends on anticipating trends – in other words, our ability to sense where prices are moving on some measured time projection (i.e., a minute, an hour, a day, a week, a month, and longer). However, before we get to that subject, we should - [How to Change Leverage on MT4](https://forextraders.com/forex-education/forex-trading-software/how-to-change-leverage-on-mt4/) - Before we get into the ins and outs of leveraging MT4, many may not know what the latter stands for. Indeed, MetaTrader 4 (MT4) is the generic term used to signify that electronic trading platforms are in the mix for forex traders involved in speculative transactions. Developed by MetaQuotes Software and released in 2005, it’s - [How to Set Stop-Loss and Take-Profit in MT4](https://forextraders.com/forex-education/forex-trading-software/how-to-set-stop-loss-and-take-profit-in-mt4/) - Even if you are just starting your forex journey or already have many months of experience under your belt, your most helpful assistant will be your trading platform, and the most popular and user-friendly platform today is undoubtedly MetaTrader 4 (MT4). Developed by MetaQuotes Software back in 2000, it has delivered the goods for more - [Automating Your Forex Trading](https://forextraders.com/forex-education/automated-forex-trading/automating-your-forex-trading/) - Automated forex trading has become increasingly popular over the years, with more and more traders of all experience levels seeking an alternative means of trading the forex markets with less emotional attachment and time commitment. A large percentage of daily forex transactions are executed by automated trading software, and this will likely increase over the - [What is a Gold Contract?](https://forextraders.com/forex-education/forex-glossary/what-is-a-gold-contract/) - For centuries, even in biblical times, gold has stood out as the ultimate store of value. One need only look back at the 44 years that the precious metal propped up global financial economies via the Classical Gold Standard (CGS). The latter endured uninterrupted from the early 1870s until the outbreak of the First World - [What is the Relative Strength Index?](https://forextraders.com/forex-education/forex-glossary/what-is-the-relative-strength-index/) - Traders in stocks and currencies have an ambivalent relationship with volatility – the primary driver of price movement in a specific timeframe. On the one hand, they know that prices changing with velocity gives them the ammunition they need to earn a profit (i.e., when directional moves favour their trades). On the other hand, if - [What is a Pennant?](https://forextraders.com/forex-education/forex-glossary/what-is-a-pennant/) - Technical analysis is an essential skill that most forex traders take very seriously. Although there are many different types of technical analysis, perhaps the most well-known involves pattern analysis. When you look at the historical price action of any market on a price chart, it simply reflects the investment behaviour of all market participants in - [What is a Bid Price?](https://forextraders.com/forex-education/forex-glossary/what-is-a-bid-price/) - Novice traders who enter the world of forex trading for the first time will inevitably be faced with a lot of new and probably unfamiliar trading terms. Understanding what all these terms mean forms part of the foundation of a beginner trader’s understanding of the forex market. Forex trading terminology can be likened to stepping - [What Is an Ask Price?](https://forextraders.com/forex-education/forex-glossary/what-is-an-ask-price/) - When it comes to the forex market, there is a lot of specialised terminology that can be difficult for beginner traders to wrap their heads around. Taking the time to understand key forex concepts is essential and will help novice traders to make better-informed trading decisions. The purpose of this article is to discuss one - [What is the Wholesale Price Index?](https://forextraders.com/forex-education/forex-glossary/what-is-the-wholesale-price-index/) - How do economists get a handle on how prices are changing in the marketplace, which could lead to inflation in the near term? The quick answer is by conducting surveys. But how do you put the results of one survey in perspective? In the US and elsewhere, different agencies within the government conduct a series - [What is a Conversion Rate?](https://forextraders.com/forex-education/forex-glossary/what-is-a-conversion-rate/) - The foreign exchange market, as with any other human endeavour, has its own language, set of terms, and buzzwords to learn and understand. If you are new to this space, the terminology can be overwhelming, but part of your preparation phase is to become familiar with what could be called ‘forex speak’. Did you catch - [What is a Lagging Indicator?](https://forextraders.com/forex-education/forex-glossary/what-is-a-lagging-indicator/) - What is a lagging indicator? Lagging indicators (alternatively referred to as LIs) are flashing signals that formulate on past data while the variable under focus is current – hence the term ‘lagging’. When you boil it down, the primary ingredient of every LI – however it shows itself (i.e., as a metric, value, ratio, or - [What is a Demo Account?](https://forextraders.com/forex-education/forex-glossary/what-is-a-demo-account/) - Arguably, a more crucial question than our headline is, once you’ve entered one of these options (such as a free forex demo account), do you know more about whether you have the appropriate skills to enter this volatile arena? After all, isn’t that the only reason why anyone would try it? It’s a stepping stone, - [What is a Chartist?](https://forextraders.com/forex-education/forex-glossary/what-is-a-chartist/) - The asset arena for traders and investors covers a vast field from equity securities to currencies, commodities, real estate, bonds, and a broad category in itself: alternative investments. However, all of them share one crucial characteristic: volatility. The latter is a force emerging in any environment where humans change their minds, sometimes in small pockets - [What is the Prime Rate?](https://forextraders.com/forex-education/forex-glossary/what-is-the-prime-rate/) - When determining the definition of Prime Rate, several considerable aspects must be addressed before it's clear to corporate, retail borrowers and any investment-centric audience. The two words in the term – ‘Prime’ and ‘Rate’ – are pivotal to this conversation. Together, they intimate the concept relates to something crucial, especially ‘Prime’, which many interpret as - [What are the Most Volatile Forex Pairs?](https://forextraders.com/forex-education/forex-strategy/most-volatile-forex-pairs/) - If there were no volatility in the foreign exchange market, then traders would have no dependable source for creating opportunities for gain. To the amazement of central bankers and government officials, the floating of currency pairs back in the seventies was supposed to be a non-event. Up to that point, rates had been fixed daily - [Interest Rates and Volatility](https://forextraders.com/forex-education/forex-fundamental-analysis/interest-rates-and-volatility/) - When it comes to trading the forex market, there are a lot of factors to consider before trading decisions are made, but undoubtedly one of the most important things to keep an eye on is interest rates. Why? Because interest rate volatility can have a significant impact on how a currency’s value is perceived and - [What are the Best Volatility Indicators for Forex Traders?](https://forextraders.com/forex-education/forex-indicators/best-volatility-indicators-forex/) - There is a general rule that traders in every genre adhere to –where there is market volatility, opportunities are plentiful. There should also be a caveat, which states that too much volatility is not a good thing. The forex market is known for whipsaw swings in pricing behaviour that can destroy even the best-laid plans - [How is Volatility Calculated for Forex Pairs?](https://forextraders.com/forex-education/forex-strategy/how-volatility-calculated-forex-pairs/) - If you have been an active forex trader for any length of time, then you have already realised the importance of volatility. All financial markets are known to range more often than follow trends, but ranging periods in the forex world can take place nearly 75% of the time. The key to success, especially if - [The Least Volatile Forex Pairs](https://forextraders.com/forex-education/forex-strategy/least-volatile-forex-pairs/) - In the modern trading arena, with cutting-edge technology and instantaneous communications at everyone’s fingertips, prices of commodities, stocks, and currencies zigzag, sometimes significantly and fast. In addition, of course, price instability severely impacts trading decisions. Thus, traders must get to grips with the forces driving price fluctuations like central bank actions, wars, politics, sudden inflation, - [Assessing Forex Trading Risk with Volatility](https://forextraders.com/forex-education/forex-strategy/assessing-forex-trading-risk-with-volatility/) - When trading forex, whether you are a novice or an experienced trader, it is crucial that you know how to manage risk. One of the best ways to do this is by monitoring volatility. Assessing forex risk using volatility plays an integral part in proper risk management. In this article, we will explore what volatility - [Forex Volatility – What It Is and How to Trade It](https://forextraders.com/forex-education/forex-strategy/volatility-in-the-forex-market/) - The term ‘volatility’ is a word you will often hear when it comes to trading the forex market, and for good reason. Forex volatility is an important factor to consider when trading because it measures how risky a forex pair is at any particular moment, which in turn can help you decide whether you want - [Money Management Articles](https://forextraders.com/forex-education/forex-money-management/) - Expect the Unexpected Using Well-Known Theory Strict money management and risk control is essential to achieve long-term success in the forex market. The high level of leverage available to Forex traders makes it important to manage risk exposure and to avoid over leveraged positions. Successful forex money management aims foremost at the preservation of initial - [How to Quickly Take Profit When Scalping Forex](https://forextraders.com/forex-education/forex-scalping/quickly-take-profit-forex-scalping/) - All forex traders ask themselves When to take profit when scalping forex but many beginner traders get caught up in the excitement of placing their first trade and rush into executing their trade orders. Often, little attention is given to where a profit target and stop-loss order should be positioned. All successful traders have a - [What is a Yield Curve?](https://forextraders.com/forex-education/forex-glossary/what-is-a-yield-curve/) - Yield Curve Definition. A Yield Curve in finance is the graphical relation between the interest rate, or cost of borrowing, and the time to maturity of the debt for a given borrower in a given currency. Typically, many traders closely follow the U.S. dollar interest rates paid on U.S. Treasury securities for various maturities. The - [What is Turnover?](https://forextraders.com/forex-education/forex-glossary/what-is-turnover/) - Turnover Definition. Turnover is a term used in different parts of the world to mean volume or revenue. In the forex world, Turnover is the total money value of all executed transactions in a given time period. The term can also apply to portfolio management, in that it measures how long a fund or investor - [What is a Nostro Account?](https://forextraders.com/forex-education/forex-glossary/what-is-a-nostro-account/) - Nostro Account Definition. A Nostro Account is an account denominated in a foreign currency established through your local bank at a bank in the respective country of the currency desired. The terms "nostro" and "vostro" are derived from Latin terms meaning "ours" and "yours" respectively. A nostro account is our account in a different country - [What is Currency Risk?](https://forextraders.com/forex-education/forex-glossary/what-is-currency-risk/) - Currency Risk Definition. Currency Risk, sometimes referred to as exchange rate risk, is the possibility that currency depreciation will negatively affect the value of one's assets, investments, and their related interest and dividend payment streams, especially those securities denominated in foreign currency. Corporations with operations in overseas markets are also exposed to currency risk since - [What is Liquidation Level?](https://forextraders.com/forex-education/forex-glossary/what-is-liquidation-level/) - Liquidation Level Definition. Liquidation Level is a specified level, usually expressed as a percentage, set by a forex broker when they open an account to limit the broker's risk of default by the forex trader. When this level is reached the trader's account will automatically begin liquidating outstanding trading positions, thereby reducing their risk as - [What is University of Michigan's Consumer Sentiment Index?](https://forextraders.com/forex-education/forex-glossary/what-is-university-of-michigans-consumer-sentiment-index/) - University of Michigan's Consumer Sentiment Index Definition. University of Michigan's Consumer Sentiment Index is a popular survey for measuring consumer opinions regarding the economy and their optimism or pessimism about the future. The university surveys 500 U.S. households each month. Due to its popularity, the report is issued in as a preliminary version in mid-month - [What is an Open Position?](https://forextraders.com/forex-education/forex-glossary/what-is-an-open-position/) - Open Position Definition. An Open Position describes the status of an account that has existing active trades with specific obligations thereto that have not been offset by corresponding trades of an equal and opposite deal amount. In the futures market, it can mean the total number of futures contracts entered into a specific trading period - [What is The International Organization for Standardization?](https://forextraders.com/forex-education/forex-glossary/what-is-the-international-organization-for-standardization/) - International Organization for Standardization Definition. The International Organization for Standardization, or "ISO", is the international standard setting body composed of representatives from various national standards organizations, which determines, among other things, the currency codes used by forex traders, such as GBP for the British Pound. ISO 4217 is the international standard describing these three-letter codes, - [What is a Value Date?](https://forextraders.com/forex-education/forex-glossary/what-is-a-value-date/) - Value Date Definition. A Value Date, or maturity date is the date on which counterparties to a financial transaction agree to settle their respective obligations by exchanging payments and ownership rights. The typical Value Date for a Spot forex trade is two business days. A Spot Trade in Forex is a purchase or sale of - [What is the Clearing House Interbank Payment System?](https://forextraders.com/forex-education/forex-glossary/what-is-the-clearing-house-interbank-payment-system/) - Clearing House Interbank Payment System Definition - The Clearing House Interbank Payment System, commonly referred to as CHIPS, is a privately owned funds transfer system that clears and settles time-sensitive, high-value payments between the world's major banks. This clearinghouse processes nearly 96% of the dollar-denominated payments moving between countries around the world, including trade-related payments - [What is the Clearing House Automated Payment System?](https://forextraders.com/forex-education/forex-glossary/what-is-the-clearing-house-automated-payment-system/) - Clearing House Automated Payment System Definition - The Clearing House Automated Payment System, commonly referred to as CHAPS, is the real-time gross settlement, or RTGS, system used in the United Kingdom for daily clearings of Sterling and foreign currency. CHAPS is also an electronic bank-to-bank same-day value payment made within the UK in sterling. The - [What is the Canadian Ivey Managers Purchasing Index?](https://forextraders.com/forex-education/forex-glossary/what-is-the-canadian-ivey-managers-purchasing-index/) - Canadian Ivey Purchasing Managers Index Definition - Commonly referred to as the CIPM, the Canadian Ivey Purchasing Managers Index measures month-to-month changes in dollars of purchases as indicated by a panel of purchasing managers from across Canada. The index is jointly sponsored by the Richard Ivey School of Business and the Purchasing Management Association of - [What is the Association Cambiste Internationale?](https://forextraders.com/forex-education/forex-glossary/what-is-the-association-cambiste-internationale/) - Association Cambiste Internationale Definition - The Association Cambiste Internationale, now known as ACI, is the internationally recognized examining body for practitioners of Foreign Exchange and Money market operations, working closely with a number of major regulatory bodies. The association is headquartered in Paris, France, and is an umbrella organization for a large number of national - [What is Moving Average Convergence-Divergence?](https://forextraders.com/forex-education/forex-glossary/what-is-moving-average-convergence-divergence/) - Moving Average Convergence-Divergence Definition. Moving Average Convergence-Divergence, or "MACD", is a common technical indicator used by forex traders to detect and confirm trends in price behavior of their target currencies. It is a lagging indicator as it reacts after a trend has formed. The MACD uses two different exponential moving averages of prices. Parameters are - [What is Continuous Linked Settlement?](https://forextraders.com/forex-education/forex-glossary/what-is-continuous-linked-settlement/) - Continuous Linked Settlement Definition. Continuous Linked Settlement, or "CLS", is a process by which a number of the world's largest banks manage clearing and settlement of foreign exchange transactions between themselves, their customers, and other third-parties. CLS Group Holdings AG and its subsidiary companies manage the process that includes a settlement bank regulated by the - [What is an Exponential Moving Average?](https://forextraders.com/forex-education/forex-glossary/what-is-an-exponential-moving-average/) - Exponential Moving Average Definition. An Exponential Moving Average, or EMA, is a type of statistical moving average that is similar to a simple moving average, except that more weight is given to more recent prices or data. The EMA may also be referred to as an "exponentially weighted moving average". Moving averages are frequently used - [What is an American Depository Receipt (ADR)?](https://forextraders.com/forex-education/forex-glossary/what-is-an-american-deposit-receipt/) - American Depository Receipt (ADR) Definition - A negotiable certificate issued by a U.S. bank representing a specified number of shares (or one share) in a foreign stock that is traded on a U.S. exchange. ADRs are denominated in U.S. dollars, with the underlying security held by a U.S. financial institution overseas. They effectively enable American - [What is the Fisher Effect?](https://forextraders.com/forex-education/forex-glossary/what-is-the-fisher-effect/) - Irving Fisher, an American economist of note, developed the Fisher Effect (FE), also known as the Fisher Hypothesis, in the early 1900s. The Fisher effect equation posits that the real interest rate in a domestic market will be the difference between the nominal interest rate, which is what a loan might be paying, or a - [What is a Whipsaw?](https://forextraders.com/forex-education/forex-glossary/what-is-a-whipsaw/) - Whipsaw Definition. What is a Whipsaw? This is a slang expression for describing a highly volatile market condition where a sharp price movement is quickly followed by a sharp price reversal. The term is often used in the context of a trader being "whipsawed" by the market, resulting is a loss due to their inability - [What is the Spot Market?](https://forextraders.com/forex-education/forex-glossary/what-is-the-spot-market/) - What is the spot market? The term “spot market” is a common term. It denotes a buying and selling market, typically for commodities, currencies, and for other financial instruments, where the assets are purchased or traded for delivery “on the spot”. The immediacy may requires a few days in some cases for title to - [What is Volatility?](https://forextraders.com/forex-education/forex-glossary/what-is-volatility/) - Most novice traders have likely heard the term ‘volatile’ used to describe different markets or specific currency pairs, but what is volatility, and how may it impact your trading? In simple terms, volatility is a measure of how much the price of a market changes over time, and depending on how volatile a market is, - [What is the Larry Williams %R?](https://forextraders.com/forex-education/forex-glossary/what-is-larry-williams-r/) - As forex traders soon realize, their foremost tool for tilting market odds in their favor is the use of Technical Analysis or TA for short. Within that toolbox, technical indicators, which come in a wide variety of shapes and sizes, are the key to a winning forex trading strategy. The “Larry Williams %R” is just - [What is the VIX Index?](https://forextraders.com/forex-education/forex-glossary/what-is-the-vix-index/) - Most investors are familiar with the stock market and the major indices such the S&P 500, the Dow Jones Industrial Average, and the Nasdaq. But what about the VIX Index? The VIX Index is a measure of the implied volatility of S&P 500 options. In other words, it’s a measure of how much uncertainty there - [What is a Variation Margin?](https://forextraders.com/forex-education/forex-glossary/what-is-a-variation-margin/) - Variation Margin Definition. A Variation Margin has two meanings in forex trading. It commonly refers to an amount that a forex broker may request from you, if you are utilizing margin or leverage, in order to return your account to their initial margin requirements. The term can also be used to describe the net unrealized - [What is the USD Index?](https://forextraders.com/forex-education/forex-glossary/what-is-the-usd-index/) - The USD Index is a calculated measure of the value of the US dollar versus a select grouping of foreign currencies. It also goes by other names such as USDX, DXY and DX. Sometimes, it is informally referred to as the ‘Dixie’. It is not a measure weighted against the other seven major currencies. The - [What is an Uptick?](https://forextraders.com/forex-education/forex-glossary/what-is-an-uptick/) - Uptick Definition. An Uptick refers to a positive movement in the price of a security, commodity or currency, and is a term specifically noting that time when a new price quote exceeds the preceding quote in the market. It is the opposite of a downtick. Another associated term is a zero-plus tick, which is when - [What is an Unrealized Gain/Loss?](https://forextraders.com/forex-education/forex-glossary/what-is-an-unrealized-gain-loss/) - Unrealized Gain/Loss Definition. An Unrealized Gain/Loss is the hypothetical gain or loss on a single Open Position, or on all Open Positions, valued at current market rates, as determined by the forex trader or by their broker to assess their outstanding risk. The figure is computed by taking the current market value for a position - [What is the Unemployment Rate?](https://forextraders.com/forex-education/forex-glossary/what-is-the-unemployment-rate/) - Unemployment Rate Definition. The Unemployment Rate is a macroeconomic statistic that measures the total workforce that is unemployed and actively seeking employment, stated as a percentage of the entire labor force. The indicator is significant barometer of the health of a nation's economy. In the United States, the Bureau of Labor Statistics (BLS) of the - [What is a Two-Way Price?](https://forextraders.com/forex-education/forex-glossary/what-is-a-two-way-price/) - Two-Way Price Definition. A Two-Way Price is a price quoted for a currency pair that includes both the bid and offer parts of the quote. The Bid Price is the price at which the forex market, represented by your broker/dealer, is prepared to buy a specific currency in a Foreign Exchange Contract or Cross Currency - [What is a Trending Market?](https://forextraders.com/forex-education/forex-glossary/what-is-a-trending-market/) - Trending Market Definition. A Trending Market is one where prices are moving in a single direction, either up or down, but not sideways. There may be several small price gyrations, but nothing large enough to impact the general direction of the trend. Trends can last for minutes or hours, or even weeks or months for - [What are Technical Indicators?](https://forextraders.com/forex-education/forex-glossary/what-are-technical-indicators/) - Technical Indicators Definition. Technical Indicators are a set of analytical tools that technical analysts use to detect short-term pricing trends in the market and to gain insights in and the ability to predict future price movements. Analysts often refer to the results obtained from these indicators as the Technicals or the Technicalities. Indicators have been - [What is Technical Analysis?](https://forextraders.com/forex-education/forex-glossary/what-is-technical-analysis/) - Technical Analysis Definition. What is Technical Analysis? Technical Analysis is a discipline that studies charts of past price behavior for a security, commodity or currency in order to forecast future price performance. It is one of the most significant tools available for projecting predictable price direction in the financial markets. This form of analysis has - [What is a Symmetrical Triangle?](https://forextraders.com/forex-education/forex-glossary/what-is-a-symmetrical-triangle/) - Symmetrical Triangle Definition. A Symmetrical Triangle is a familiar technical pattern where prices form two sloping lines that converge on a point. The pattern is referred to as a consolidation or continuation pattern. It is commonly seen in flat or sideways markets where neither buyers nor sellers can seem to get the upper hand. Highs - [What is SWIFT?](https://forextraders.com/forex-education/forex-glossary/what-is-swift/) - SWIFT Definition. SWIFT is the Society for Worldwide Interbank Financial Telecommunication. It operates a global financial messaging network that exchanges messages between banks and other financial institutions. SWIFT also markets software and establishes standards for communications between its members. Various identifiers used are commonly referred to as "SWIFT codes". SWIFT does not participate in the - [What is Devaluation?](https://forextraders.com/forex-education/forex-glossary/what-is-devaluation/) - Devaluation, as it pertains to a national currency, can be either a substantial drop in a currency’s value relative to gold or other foreign currencies, or it can be a deliberate adjustment made by the central bank of a country of the official exchange rate. The latter action can only happen when the national currency - [What is a Swap?](https://forextraders.com/forex-education/forex-glossary/what-is-a-swap/) - Swap Definition. A Swap in the financial markets is a derivative in which each counterparty exchanges certain benefits of one party's financial instrument for those of the other party's financial instrument. A typical interest rate swap may exchange an adjustable rate of interest cash flow for a fixed rate-of-interest cash flow. These two cash flow - [What is Value at Risk?](https://forextraders.com/forex-education/forex-glossary/what-is-value-at-risk/) - Commonly referred to as VaR, Value at Risk is a widely used risk management tool within the financial industry. It is essentially a way of quantifying the extent of possible financial losses within a firm, investment portfolio or trading position over a specific timeframe. Value at Risk is a frequently used term in forex trading, - [What is Support?](https://forextraders.com/forex-education/forex-glossary/what-is-support/) - Support Definition. Support is a term used in technical analysis to describe a price level in a stock, commodity or currency where buying pressure for the asset exceeds the momentary selling pressure, forming a "floor" that blocks future price movements in the downward direction. The opposite of Support is Resistance. Similarly, it is the level - [What is Implied Volatility?](https://forextraders.com/forex-education/forex-glossary/what-is-implied-volatility/) - What is implied volatility? At its most simple, implied volatility is essentially a measure of the market’s forecast of the likelihood of movement in the price of a particular security. It is often used by investors and market watchers to estimate potential fluctuations in the price of a security, asset or instrument. This metric is - [What is Stop Loss Order?](https://forextraders.com/forex-education/forex-glossary/what-is-stop-loss-order/) - Stop Loss Order Definition. A Stop Loss Order, or also known as a "stop order" or "stop-market order", is an instruction given to your broker to automatically liquidate your open position for a currency when a specific price is reached. The Stop Loss order is typically placed below the purchase price for the currency at - [What is a Trailing Stop Loss?](https://forextraders.com/forex-education/forex-glossary/what-is-a-trailing-stop/) - What is a trailing stop loss? A trailing stop loss is a type of order used by traders where they set a limit – usually a maximum value or a percentage – on how much loss they are willing to incur on a particular trade. Traders use trailing stop loss orders as a way of - [What is a Slow Stochastic?](https://forextraders.com/forex-education/forex-glossary/what-is-a-slow-stochastic/) - Slow Stochastic Definition. A Slow Stochastic is a technical momentum indicator from the oscillator family that consists of two lines called the %K and the %D lines. It is also a leading, rather than lagging, indicator, but its shortcoming is that it is difficult to know how long in advance the signal is appearing. The - [What is Sterilization?](https://forextraders.com/forex-education/forex-glossary/what-is-sterilization/) - Sterilization Definition. Sterilization, or Sterilized Intervention, is a process by which a central bank may influence the value of its domestic currency relative to another foreign currency. The method typically involves two separate actions, one designed to offset the impact of the other, but in combination, to produce a desired result. It is generally performed - [What is a Flag Pattern?](https://forextraders.com/forex-education/forex-glossary/what-is-a-flag-and-pennant/) - Technical analysis plays a key role in most trading strategies and traders rely heavily on various techniques to make informed investment decisions. Chart patterns, such as the flag pattern, are one of the first technical analysis techniques that beginner traders learn about and for good reason. These patterns appear repeatedly in all markets and timeframes - [What is the Spread?](https://forextraders.com/forex-education/forex-glossary/what-is-the-spread/) - Spread Definition. The Spread is the difference between the Bid and Ask prices in a currency pair quote. Dealing in currencies can be confusing at the start because you must always deal with a currency pair. The first currency in the pair is the "Base" currency. The second currency in the pair is labeled the - [What is a Spot Trade?](https://forextraders.com/forex-education/forex-glossary/what-is-a-spot-trade/) - Spot Trade Definition. A Spot Trade in Forex is a purchase or sale of a foreign currency in the Spot Market at the Spot Rate for immediate delivery or delivery "on the spot", as opposed to a date in the future. Spot contracts are typically cleared and settled electronically. A Spot Trade in foreign currencies - [What is the Dow Theory?](https://forextraders.com/forex-education/forex-glossary/what-is-the-dow-theory/) - What is Dow theory? The Dow theory is a form of technical analysis that states that the market is in an upward trend if one of its averages (such as transportation or industrials) rises above a prior significant high and is accompanied by or follows a comparable rise in the other average. For instance, the - [What is a Spot Price?](https://forextraders.com/forex-education/forex-glossary/what-is-a-spot-price/) - Spot Price Definition. A Spot Price is the current market price for a security, commodity or currency, generally settled in cash "on the spot" in a Spot Market. A Spot Forex Rate is the price for which a currency pair is bought or sold, typically transacted with a "2-day value date", an international convention due - [What is Sovereign Risk?](https://forextraders.com/forex-education/forex-glossary/what-is-sovereign-risk/) - Sovereign Risk Definition. What is Sovereign Risk? This term refers to that subset of Country Risk that specifically relates to the government in a foreign country or one of its agencies refusing to comply with the terms of an agreement by defaulting on its obligations or imposing regulations that prevent importers from settling their currency - [What is a Simple Moving Average?](https://forextraders.com/forex-education/forex-glossary/what-is-a-simple-moving-average/) - Simple Moving Average Definition. A Simple Moving Average, or "SMA" or "arithmetic mean", is an average of a predetermined number of prices over a specific time period or number of days divided by the number of entries. For example, a 26 period, commonly used by forex traders on daily charts, Daily chart SMA is the - [What is a Short Position?](https://forextraders.com/forex-education/forex-glossary/what-is-a-short-position/) - Short Position Definition. A Short Position in forex trading is the purchase of a currency or currency option with the expectation that the currency will depreciate over a specific time period. For a currency pair when quoted, the short currency is the second one listed in the pair and the price is the "Bid" part - [What is Settlement?](https://forextraders.com/forex-education/forex-glossary/what-is-settlement/) - Settlement Definition. Settlement of securities, commodities or currencies is the process whereby the asset in question or interest in the asset is delivered or sold, usually accompanied by the delivery of goods funds as payment, to fulfill contractual obligations unless performed by a trade of assets of similar value. The completion of a financial transaction - [What is a Round Trip?](https://forextraders.com/forex-education/forex-glossary/what-is-a-round-trip/) - Round Trip Definition. A Round Trip is the actual buying and selling of a specified amount of the same asset. In the context of the forex market, it pertains to a specific currency. This process has been used to inflate volume statistics through the continuous and frequent purchase and sale of a particular security, commodity - [What is a Roll-Over?](https://forextraders.com/forex-education/forex-glossary/what-is-a-roll-over/) - Roll-Over Definition. A Roll-Over is a term that describes how a particular aspect of holding a security, commodity or currency may change over a specific time period cut-over. For securities, you may roll over a security at its maturity date by re-investing the funds in a new issue of the same or similar type. Retirement - [What is Risk Management?](https://forextraders.com/forex-education/forex-glossary/what-is-risk-management/) - Risk Management Definition - Risk Management is the process for mitigating the impacts of specific risk threats and includes identification, assessment, and prioritization of risks. The ISO group has published standards governing every aspect of managing risk, which it defines as the effect of uncertainty on objectives, whether positive or negative. Risks can arise due to - [What is Risk?](https://forextraders.com/forex-education/forex-glossary/what-is-risk/) - Risk Definition. Risk is a broad term used to describe the effect of uncertainty on objectives, whether good or bad. In financial markets, it is the potential for suffering a financial loss, whether from business operations or investment. Investing is all about managing risk, and all investment vehicles have different risk profiles, ranging from low - [What is Revaluation?](https://forextraders.com/forex-education/forex-glossary/what-is-revaluation/) - Revaluation Definition. Revaluation typically means an upward adjustment in the value or price for goods, products or services. It is more commonly applied to revaluing a specific currency that is not floating freely in the forex market. In this case the respective central bank may elect to modify the pegging mechanism (or benchmark used whether - [What are Retail Sales?](https://forextraders.com/forex-education/forex-glossary/what-are-retail-sales/) - Retail Sales Definition. The Retail Sales report is published monthly by the U.S. Census Bureau, a division of the Commerce Department. The report measures the amount of consumer spending on all goods and services sold by retailers, including sales for both durable (those goods expected to last for more than three years) and non-durable goods. - [What is a Reserve Currency?](https://forextraders.com/forex-education/forex-glossary/what-is-a-reserve-currency/) - Reserve Currency Definition. What is a Reserve Currency? A Reserve Currency is any currency that is deemed to be stable and reliable, such that Central Banks are willing to hold it in mass quantities. The U.S. Dollar is currently the world's foremost reserve currency, comprising approximately 62% of all reserves. The Euro is second at - [What is Price Transparency?](https://forextraders.com/forex-education/forex-glossary/what-is-price-transparency/) - Price Transparency Definition. Price Transparency describes involves a process that assures that all market participants are afforded equal access to prices quoted for the respective security, commodity or currency. This process may mean the buyer and seller know the price and no intermediary is involved in the transaction. The term can also relate to the - [What is a Premium?](https://forextraders.com/forex-education/forex-glossary/what-is-a-premium/) - Premium Definition. A Premium has various meanings based on the investment vehicle that provides the context for the term. In forex markets, a premium equates to the amount by which the forward or futures price exceeds the spot price. It can also refer to the total cost of an option. Since an option has no - [What is Personal Income?](https://forextraders.com/forex-education/forex-glossary/what-is-personal-income/) - Personal Income Definition. Personal Income is an economic statistic that measures an individual's total annual gross earnings from wages, business enterprises and various investments. The United States' Bureau of Economic Analysis formulates the statistic and defines it more specifically as income received by persons from all sources. It includes income received from participation in production - [What is Overbought?](https://forextraders.com/forex-education/forex-glossary/what-is-overbought/) - Overbought Definition. What is Overbought within Forex? This is a term describing a condition in which the price of a security, commodity or currency has increased significantly in a short period of time such that selling pressure will gain the upper hand and cause an immediate decline in the price level achieved. It is often - [What is Oversold?](https://forextraders.com/forex-education/forex-glossary/what-is-oversold/) - Oversold Definition. What is Oversold within Forex Trading? This is a term describing a condition in which the price of a security, commodity or currency has declined significantly in a short period of time such that buying pressure will gain the upper hand and cause an immediate rise in the price level achieved. It is - [What is a Ranging Market?](https://forextraders.com/forex-education/forex-glossary/what-is-a-ranging-market/) - Ranging Market Definition. A Ranging Market a market where the price is moving back and forth between a higher price and a lower price. It is commonly referred to as range bound, choppy, sideways or flat market. The higher prices form a resistance line that prevent the price from rising further, and the lower support - [What is a Recession?](https://forextraders.com/forex-education/forex-glossary/what-is-a-recession/) - Recession Definition. A Recession is a material slowdown in economic activity over a sustained period of time. Business cycles tend to expand and contract, the latter condition being a recessionary trend. The National Bureau of Economic Research officially defines a recession as two consecutive quarters of falling or negative GDP. During recessions, many macroeconomic indicators - [What is Resistance?](https://forextraders.com/forex-education/forex-glossary/what-is-resistance/) - Resistance Definition. Resistance is a term used in technical analysis to describe a price level in a stock, commodity or currency where selling pressure for the asset exceeds the momentary buying pressure, forming a ceiling that blocks future price movements in the upward direction. The opposite of resistance is Support. Similarly, it is the level - [What are Reserves?](https://forextraders.com/forex-education/forex-glossary/what-are-reserves/) - Reserves Definition. What are Reserves? Reserves refer to foreign exchange, gold, Special Drawing Rights, and IMF reserve positions, held by Central Banks and monetary authorities, which can be used to facilitate monetary policy, repay obligations, and conduct international trade. In the forex world, governments typically hold foreign currencies in reserve for this purpose. These Reserve - [What is the Discount Rate?](https://forextraders.com/forex-education/forex-glossary/what-is-the-discount-rate/) - Central banks play an integral role in implementing a government’s monetary policy. One of the major factors that affect the health of any economy is inflation, and to keep it under control, a central bank can decide to raise or reduce interest rates. There are, however, various mechanisms that a central bank can use to - [What is Random Walk Theory?](https://forextraders.com/forex-education/forex-glossary/what-is-random-walk-theory/) - Random Walk Theory Definition. Random Walk Theory is an efficient market hypothesis, stating that prices of a currency, stock or commodity move on a random basis versus their intrinsic value. The theory claims that the price of an asset incorporates all known available information and posits that the ability to forecast future price behavior is - [What is a Rally?](https://forextraders.com/forex-education/forex-glossary/what-is-a-rally/) - Rally Definition. A Rally is defined as a period of sustained increases in the prices of currencies, stocks, bonds or indexes. A Rally can occur during a major bull or bear market trend. Typically, a rally will ensue following a period of flat or declining prices. An upward trend in price direction during a primary - [What is Quantitative Easing?](https://forextraders.com/forex-education/forex-glossary/what-is-quantitative-easing/) - Quantitative Easing Definition. Quantitative Easing is an extreme form of Monetary Easing, which is a term use to describe any actions taken by a central bank to stimulate the domestic economy by either lowering interest rates or expanding the size of the money supply in circulation by purchasing securities on the open market. These actions - [What is Put-Call-Forward Parity?](https://forextraders.com/forex-education/forex-glossary/what-is-put-call-forward-parity/) - Put-Call-Forward Parity Definition. Put-Call-Forward Parity, or "PCFP", is a theory that defines a relationship between a call option and a put option where the price has been established by the forward market. Assuming that each option has the same strike price and expiration date, if both options are "at the money" forward, the intrinsic value - [What is a Put-Call Ratio?](https://forextraders.com/forex-education/forex-glossary/what-is-put-call-ratio/) - Trading options can seem complicated and risky, but it isn’t the only way to get benefits from the options market. The Put-Call Ratio (PCR) is one prime example of this. Experienced traders and investors use this ratio as a way of gauging investor sentiment and the possible future direction of prices in a specific market. - [What Is an American Option?](https://forextraders.com/forex-education/forex-glossary/what-is-an-american-option/) - As with forex trading, trading options is a high-risk activity. It also has its glossary of terms, which must be understood if one is to be successful. At its basic level, an option is the right to buy or sell an underlying asset at a specified price, but not all options are the same. A - [What is a Put Option?](https://forextraders.com/forex-education/forex-glossary/what-is-a-put-option/) - Put Option Definition. A Put Option, often simply labeled a "Put", is a contract in which the Buyer has the right but not the obligation to sell a particular security, commodity or currency for a given strike price on, in the case of European Put options, or before, in the case of American Put options, - [What Is a Descending Triangle Pattern?](https://forextraders.com/forex-education/forex-glossary/what-is-a-descending-triangle/) - The descending triangle pattern is a popular chart formation used in technical analysis, and when it appears on a chart, it signals a potential bearish breakdown in price. This is a common pattern that is relatively easy to identify because of its triangular shape, and it forms in all markets and timeframes. Studying chart patterns - [What is an Oscillator?](https://forextraders.com/forex-education/forex-glossary/what-is-an-oscillator/) - In the world of technical analysis, there is a special family of indicators known as ‘oscillators’. Traders have used moving averages to indicate the changing directions of a trend, but they needed a tool that could signal potential overbought and oversold conditions. Oscillators fulfil that mission by typically oscillating between two extremes to provide their - [What is the Producer's Price Index?](https://forextraders.com/forex-education/forex-glossary/what-is-the-producers-price-index/) - Producers Price Index Definition. The Producer Price Index, or "PPI", is the Department of Labor's index of goods categorized by industry type and by the particular stage of an item's production. Among these categories are raw materials, goods in various phases of production, and finished goods. This index measures average changes in prices received by - [What is the Commodity Futures Trading Commission?](https://forextraders.com/forex-education/forex-glossary/what-is-the-commodity-futures-trading-commission/) - The Commodity Futures Trading Commission (CFTC) is a federal agency of the US that was set up to ensure the open and efficient operation of the futures market. It was established in 1974 under the Commodity Futures Trading Commission Act to protect both investors and the market as a whole from fraud, manipulation, abusive practices - [What is Position?](https://forextraders.com/forex-education/forex-glossary/what-is-position/) - Position Definition. Position can mean a singular holding or investment in a currency or refer to the netted total holdings of a given currency. The term is deliberately "currency" specific as can be true for a Net Position, which is the difference in a point in time of the total amount of long currency positions - [What is Political Risk?](https://forextraders.com/forex-education/forex-glossary/what-is-political-risk/) - Political Risk Definition. What is Political Risk? This refers to the exposure an investor, a business or another government faces if the policies of the resident country's government suddenly change, thereby subjecting the asset holder to the possibility of loss or the complete abandonment of ownership rights. Investors, businesses and governments typically assess country risk - [What are Interbank Rates?](https://forextraders.com/forex-education/forex-glossary/what-are-interbank-rates/) - The interbank rate, also known as the federal funds rate, refers to the interest charged on short-term loans made between large financial institutions, such as US banks. These loans are generally short term and don’t last for longer than a week. It is common for banks to borrow money from other banks during times when - [What is a Pip?](https://forextraders.com/forex-education/forex-glossary/what-is-a-pip/) - If you’re new to the forex markets and are interested in learning about the basics before diving into trade in the 24/5 markets, you would undoubtedly have come across the term pips, pipettes or pip forex. But what is a pip in forex? A PIP is an abbreviation for ‘price interest point’ or ‘percentage in - [What is Parabolic Stop-and-Reverse?](https://forextraders.com/forex-education/forex-glossary/what-is-parabolic-stop-and-reverse/) - Parabolic Stop-and-Reverse Definition. What is the Parabolic Stop and Reverse? AKA the "SAR", system is a technical analysis tool designed to find the trailing stop-loss of a currency trend based on price and time. This system was devised to supplement the inadvertent gaps that occurred with other technical indicators. The Parabolic system is not an - [What is a Limit Order?](https://forextraders.com/forex-education/forex-glossary/what-is-a-limit-order/) - Limit Order Definition. A Limit Order, sometimes referred to as a buy limit order or a sell limit order, is an order given to a broker by a client that includes specific restrictions related to how the order is to be executed. The client specifies a maximum buying price for a currency or, alternatively, a - [What is LIBOR?](https://forextraders.com/forex-education/forex-glossary/what-is-libor/) - LIBOR Definition. LIBOR, or the London Inter-Bank Offered Rate, are daily reference interest rates in London that member banks use to set rates to one another on wholesale money market Eurodollar loans. LIBOR is the most widely used benchmark or reference rate for short-term interest rates worldwide and are frequently used as the base for - [What is Leverage?](https://forextraders.com/forex-education/forex-glossary/what-is-leverage/) - Leverage Definition. Leverage, commonly referred to as margin, is the ratio of the amount used in a transaction to the required security deposit. A broker will advance these funds depending upon the amount of the initial margin and maintenance deposit on hand and the appraisal of their risk of loss in the transaction. A forex - [What are Leading Indicators?](https://forextraders.com/forex-education/forex-glossary/what-are-leading-indicators/) - Leading Indicators Definition. Leading Indicators are statistics that generally change before the economy as a whole does. They are therefore useful as short-term predictors of the economy. Stock market returns are a leading indicator. The stock market usually begins to decline before the economy as a whole declines and usually begins to improve before the - [What is an Overnight Position?](https://forextraders.com/forex-education/forex-glossary/what-is-an-overnight-position/) - Overnight Position Definition. What is an Overnight Position? This is a trade that remains open until the following business day. The forex trader is at risk during this period of time should any events of a fundamental nature transpire that would cause an immediate shift in investor sentiment toward his position before the next trading - [What is the J-Curve Theory?](https://forextraders.com/forex-education/forex-glossary/what-is-the-j-curve-theory/) - J-Curve Theory Definition. A J-Curve is a term used in several different fields to refer to a variety of unrelated J-shaped diagrams where a curve initially falls, but then rises to higher than the starting point. When speaking of currencies and a country's trade balance, the J-Curve Theory states that a country's trade deficit will - [What is Over-The-Counter?](https://forextraders.com/forex-education/forex-glossary/what-is-over-the-counter/) - Over-the-Counter Definition. What is Over-the-Counter? Also known as "OTC", this term is used to describe any transaction for a security, financial instrument, currency, or any other asset that is not handled over an organized exchange. Typically, exchanges involve trading floors or electronic trading platforms that post ongoing transaction volumes along with pricing information and monitor - [What Is Out Of The Money?](https://forextraders.com/forex-education/forex-glossary/what-is-out-of-the-money/) - Out of the Money Definition. What is Out of the Money or "OTM"? This is a term that refers to a call or put option that has no intrinsic value because the exercise price is above or below, respectively, the current market price of the underlying security, commodity or currency. An OTM forex call has - [What is the ISM Manufacturing Index?](https://forextraders.com/forex-education/forex-glossary/what-is-the-ism-manufacturing-index/) - ISM Manufacturing Index Definition. The ISM Manufacturing Index is released monthly by the Institute of Supply Management. It is an index that assesses the state of the U.S. manufacturing sector by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and is a trusted - [What is an Open Order?](https://forextraders.com/forex-education/forex-glossary/what-is-an-open-order/) - Open Order Definition. What is An Open Order? This is an instruction given to your forex broker to buy or sell a currency that has not been executed for a specific reason, typically because a specific price point has not been realized. It is also referred to as a "Good 'til Cancelled" order or a - [What is Intrinsic Value?](https://forextraders.com/forex-education/forex-glossary/what-is-intrinsic-value/) - Intrinsic Value Definition. Intrinsic Value has several meaning. It can mean the perceived value of a natural object, like Gold or Silver, regardless of its actual price at any given time. In economics, value is determined by market demand and supply forces and is denoted by price. In finance, intrinsic value refers to the value - [What is the Offer (Ask)?](https://forextraders.com/forex-education/forex-glossary/what-is-the-offer-ask/) - Offer (Ask) Definition. What is the Offer (Ask) quote? This is the price you must pay to acquire what is known as the "Base" currency. Dealing in currencies can be confusing at the start because you must always deal with a currency pair. The first currency in the pair is the "Base" currency. The second - [What is Intervention?](https://forextraders.com/forex-education/forex-glossary/what-is-intervention/) - Intervention Definition. Intervention is an action taken by a central bank designed to influence the value of its currency in the forex market by buying or selling large lots of its county's currency. Concerted intervention refers to action taken by a number of central banks in combination to effectively control exchange rates. National central banks - [What is the International Monetary Fund?](https://forextraders.com/forex-education/forex-glossary/what-is-the-international-monetary-fund/) - International Monetary Fund Definition. The International Monetary Fund, or "IMF", is an international organization, consisting of 185 member countries, that was set up as a result of the United Nations Bretton Woods Agreement of 1944 to help stabilize world currencies, lower trade barriers, and help developing nations pay their debts. Today, the IMF states its - [What is a Net Position?](https://forextraders.com/forex-education/forex-glossary/what-is-a-net-position/) - Net Position Definition. What is a Net Position? The difference in a point in time of the total amount of long currency positions and short currency positions that have yet to be offset by opposite transactions. It can also refer to the dollar difference for the combined market values of all long and short positions. - [What is Monetary Policy?](https://forextraders.com/forex-education/forex-glossary/what-is-monetary-policy/) - Monetary Policy Definition. What is Monetary Policy? This term is used to describe the activities undertaken by a government agency, typically the central bank of a country, to moderate the supply of money, availability of money, and cost of money or rate of interest to help promote economic growth, price stability, high employment, and a - [What is Initial Margin?](https://forextraders.com/forex-education/forex-glossary/what-is-initial-margin/) - Initial Margin Definition. Initial Margin is the initial deposit of collateral required by a broker/dealer that extends margin or leverage to an investor or forex trader in order to enter into a position. The funds are a hedge to cover credit risk and acts as a guarantee on future performance. An initial margin may also - [What is Monetary Easing?](https://forextraders.com/forex-education/forex-glossary/what-is-monetary-easing/) - Monetary Easing Definition. What is Monetary Easing? The term is used to describe any actions taken by a central bank to simulate the domestic economy by either lowering interest rates or expanding the size of the money supply in circulation by purchasing securities on the open market. These actions are designed to speed up the - [What Is Momentum?  ](https://forextraders.com/forex-education/forex-glossary/what-is-momentum/) - During your early preparation phase as a newcomer to forex trading, you more than likely encountered the term momentum quite often – but what is momentum in the context of trading foreign currency pairs? We are not talking about a particle moving through space, but price behaviour in the forex realm does resemble a wave, - [What is Inflation?](https://forextraders.com/forex-education/forex-glossary/what-is-inflation/) - Inflation Definition. Inflation is a term that relates to a general rise in the price level of goods and services, measured by a price index, which leads to a decrease in the purchasing power of money. Central bank policies in most of today's world have been expressly directed at minimizing "price inflation" and preventing the - [What is Industrial Production?](https://forextraders.com/forex-education/forex-glossary/what-is-industrial-production/) - Industrial Production Definition. Industrial Production is a key economic indicator that is a released monthly by the Federal Reserve Board. It measures the total value of output produced by manufacturers, mines and utilities. This data point tends to mirror the expansions and contractions of the business cycle and can act as a leading indicator of - [What is In the Money?](https://forextraders.com/forex-education/forex-glossary/what-is-in-the-money/) - In the Money Definition. In the Money, or "ITM", is a term that refers to a call or put option that has intrinsic value because the exercise price is below or above, respectively, the current market price of the underlying security, commodity or currency. An ITM forex call has a currency price that is higher - [What is Maturity?](https://forextraders.com/forex-education/forex-glossary/what-is-maturity/) - Maturity Definition. What is Maturity? Maturity refers to the date that a financial instrument expires and final settlement of specified obligations are to be completed. Typically, Maturity is the date that a bond or debt instrument issuer must pay to the holder any principal and accrued interest. The term may also apply to interest rate - [What is Mark-to-Market?](https://forextraders.com/forex-education/forex-glossary/what-is-mark-to-market/) - Mark-to-Market Definition. What is Mark-to-Market? AKA fair value accounting, this is an accounting process for re-evaluating the book value or previous mark-to-market value of all open positions by using current market prices at a point in time. Generally, book values, based on the original cost of the financial instrument, commodity, or currency, can become outdated - [What is Market Risk?](https://forextraders.com/forex-education/forex-glossary/what-is-market-risk/) - Market Risk Definition. What is Market Risk? This term describes the risk that the value of an investment or trading portfolio will decrease due to the change in value of certain market risk factors. The four standard market risk factors are stock prices, interest rates, foreign exchange rates, and commodity prices. In each case, the - [What is a Market Maker?](https://forextraders.com/forex-education/forex-glossary/what-is-a-market-maker/) - Market Maker Definition. What is a Market Maker? This is a dealer who regularly quotes both bid and ask prices and is prepared to make a two-sided market for any financial instrument, commodity or currency. Most forex trading firms and many banks are Market Makers. Counterparties to the transaction, they do not necessarily represent clients - [What is a Margin Call?](https://forextraders.com/forex-education/forex-glossary/what-is-a-margin-call/) - Margin Call Definition. What is a Margin Call? It is a request from a broker or dealer for additional funds, other collateral, or instructions to liquidate positions at the point which margin maintenance levels are breached. The broker acts in this way to mitigate their risk on a position that has moved against the forex - [What is Margin?](https://forextraders.com/forex-education/forex-glossary/what-is-margin/) - Margin Definition. What is Margin? Commonly referred to as Leverage in forex trading, it is the ratio of the amount used in a transaction to the required security deposit. A broker will advance these funds depending upon the amount of the initial margin and maintenance deposit on hand and their appraisal of their risk of - [What is Maintenance?](https://forextraders.com/forex-education/forex-glossary/what-is-maintenance/) - Maintenance Definition. What is Maintenance? The term refers to the minimum margin or leverage ratio that establishes a level that account balances must satisfy while margin or leverage is in use. It is a precautionary measure to mitigate the broker's and forex trader's risk. If account balances fall below this level, the trader will receive - [What is Historical Volatility?](https://forextraders.com/forex-education/forex-glossary/what-is-historical-volatility/) - Historical Volatility Definition. Historical Volatility is a method of calculating volatility of an underlying asset price, or relative value for a currency pair, over a measured period in the past. It can used to evaluate if implied volatility of a futures option is expensive by historical standards. There are basically two ways to consider volatility. - [What is a Lot?](https://forextraders.com/forex-education/forex-glossary/what-is-a-lot/) - Lot Definition. What is A Lot within Forex? Usually stated as a Contract Lot, it is a trading unit of currency. A standard lot in the "USD" forex market is $100,000, a mini lot is $10,000, and a micro lot is $1,000. Forex trading ten years ago was strictly the province of major global banks - [What is a Long Position?](https://forextraders.com/forex-education/forex-glossary/what-is-a-long-position/) - Long Position Definition. A Long Position in forex trading is the purchase of a currency or currency option with the expectation that the currency will appreciate over a specific time period. For a currency pair when quoted, the long currency is the first one listed in the pair and the price is the "Ask" part - [What is Liquidity Management?](https://forextraders.com/forex-education/forex-glossary/what-is-liquidity-management/) - Liquidity Management Definition. Liquidity Management is a "dual" term in that each word deserves explanation to understand the issues involved. In forex trading, Liquidity is the ability to sell a currency pair without causing an impact on the price or prevailing spreads in the market and with minimum loss in the process. The term Liquidity - [What is a Hedge?](https://forextraders.com/forex-education/forex-glossary/what-is-a-hedge/) - Hedge Definition. A Hedge in Forex is a trading strategy whereby an investor seeks to reduce the risk of an adverse price movement on a security, commodity or currency that they own in one market by taking a position or combination of positions in other markets. This "hedging" practice began when public futures markets were - [What is a Head-and-Shoulders?](https://forextraders.com/forex-education/forex-glossary/what-is-a-head-and-shoulders/) - Head-and-Shoulders Definition. A Head-and-Shoulders is a bearish reversal pattern that is familiar to technical analysts -and forex traders. It consists of a series of three consecutive rallies, such that the first and third rallies, the "shoulders", have approximately the same height and the middle one, the "head", is the highest. The support line formed by - [What is a Good Til' Cancelled Order?](https://forextraders.com/forex-education/forex-glossary/what-is-a-good-til-cancelled-order/) - Good Til' Cancelled Order Definition. A Good 'Til Cancelled Order, or "GTC" or "Open Order", is a customer's order given to their forex broker to buy or sell a currency or security, usually at a particular price, that remains in effect until executed or cancelled. If the GTC order remains unfilled after a long period - [What is GDP?](https://forextraders.com/forex-education/forex-glossary/what-is-gdp/) - GDP Definition. Gross Domestic Product, or GDP, is a measure of a country's economic performance and consists of the total value of a country's output, comprised of all goods and services produced within the country's physical borders. Unlike Gross National Product, GDP excludes profits made by domestic firms overseas, as well as the share of - [What is a Golden Cross?](https://forextraders.com/forex-education/forex-glossary/what-is-a-golden-cross/) - Golden Cross Definition. A Golden Cross is a name for a familiar technical analysis pattern in which two moving averages intersect, suggesting that the reference currency will move in the same direction. As presented in the chart below, the point of crossover when the shorter moving average crosses upwardly past the longer moving average is - [What is Grid Trading?](https://forextraders.com/forex-education/forex-glossary/what-is-grid-trading/) - Grid Trading Definition. Grid Trading is forex trading strategy, similar to scalping or a serial basis, that sets a series of positions with both open and close orders undertaken with a predetermined spread. When lined up on a chart, it appears like a grid has been placed over the trading range. The objective is to - [What is Going Short?](https://forextraders.com/forex-education/forex-glossary/what-is-going-short/) - Going Short Definition. Going Short is a term used to describe the type of trading position taken by a Seller with the sale of a stock, commodity, or currency for investment or speculation. The Buyer in the transaction is regarded as having gone "long". With foreign currencies, a pair of currencies is always involved in - [What is Going Long?](https://forextraders.com/forex-education/forex-glossary/what-is-going-long/) - Going Long Definition. Going Long is a term used to describe the type of trading position taken by a Buyer with the purchase of a stock, commodity, or currency for investment or speculation. The Seller in the transaction is regarded as having gone "short". With foreign currencies, a pair of currencies is always involved in - [What is the G8?](https://forextraders.com/forex-education/forex-glossary/what-is-the-g8/) - G8 Definition. The G8, or Group of Eight, is a forum of developed countries assembled by France in 1974 for the governments of eight nations of the northern hemisphere to discuss significant matters of state and the global economy. These countries are the world's eight largest industrial market economies and are the United States, Germany, - [What are Forward Points?](https://forextraders.com/forex-education/forex-glossary/what-are-forward-points/) - Forward Points Definition. Forward Points are the premium or discount pips added to or subtracted from the current or "spot" exchange rate to calculate a forward price for a forward forex contract. Typically, "pips" are the fourth decimal point in a currency quote, similar to "basis points' or one-hundredth of a percent, 0.01%. However, this - [What is a Futures Contract?](https://forextraders.com/forex-education/forex-glossary/what-is-a-futures-contract/) - Futures Contract Definition. A Futures Contract is a contractual agreement that is generally made on the trading floor of a futures exchange and that obligates the Seller to exchange a commodity, currency or financial instrument at a set price on a future date with the Buyer. The Seller is commonly called the "short", while the - [What is Fundamental Analysis?](https://forextraders.com/forex-education/forex-glossary/what-is-fundamental-analysis/) - Fundamental Analysis Definition. Fundamental Analysis is the analysis of economic, financial, political, and crisis related information with the objective of determining the reasons that will shape future movements in a financial market. For stocks, the information may include company, industry and market related data. For currencies, it is any information, news, data releases, central bank - [What is a Forward?](https://forextraders.com/forex-education/forex-glossary/what-is-a-forward/) - Forward Definition. A Forward, or Forward Contract, is a term describing a forex purchase contract for a pre-specified exchange rate that settles at some agreed future date, including an adjustment for the time cost of money based upon the interest rate differential between the two currencies involved. The interest adjustment is sometimes called the forward - [What is Flat/Square?](https://forextraders.com/forex-education/forex-glossary/what-is-flat-square/) - Flat/Square Definition. Flat/Square is dealer jargon used to describe a position that has been completely closed or reversed. For example, if a forex trader bought $200,000, and then sold $200,000 of the same currency, they would thereby create a neutral or "flat" position. One is said to have a flat book in forex if they - [What is a Fixed Currency?](https://forextraders.com/forex-education/forex-glossary/what-is-a-fixed-currency/) - Fixed Currency Definition. A Fixed Exchange Rate is an exchange rate scheme in which a currency is pegged by the Central Bank so that it cannot fluctuate against other currencies. Currencies may be pegged to another currency or basket of currencies or to some other thing of value or commodity, such as silver or gold. - [What is Fiscal Policy?](https://forextraders.com/forex-education/forex-glossary/what-is-fiscal-policy/) - Fiscal Policy Definition. Fiscal Policy refers to measures taken by governments to stabilize the economy, specifically by adjusting tax policy, government spending, and other government initiatives directed at optimizing economic performance. When the economy is in recovery or experiencing slow growth, the government may cut taxes, leaving taxpayers with extra cash to spend and thereby - [What is FIFO?](https://forextraders.com/forex-education/forex-glossary/what-is-fifo/) - FIFO Definition. FIFO, or "First In First Out", is an accounting term that describes the convention for treating items that occur in a queue. In forex trading, a broker will use this convention to determine the order that he closes open positions. All positions opened within a particular currency pair are liquidated in the order - [What are Fibonacci Numbers?](https://forextraders.com/forex-education/forex-glossary/what-are-fibonacci-numbers/) - Fibonacci Numbers Definition. Fibonacci Numbers are a sequence of numbers in which each successive number is the sum of the two previous numbers, for example: 0,1,1,2,3,5,8,13,21..... More importantly, each number divided by the following number eventually equates to an irrational number that has correlations to the natural world (golden ratio and golden spiral), including wave - [What is a Fiat Currency?](https://forextraders.com/forex-education/forex-glossary/what-is-a-fiat-currency/) - Fiat Currency Definition. A Fiat Currency is money declared by a government to be legal tender, state-issued money that cannot be legally convertible to any other thing or commodity, such as gold, or money that has no intrinsic value. The term "fiat" comes from the Latin word that means "let it be done", as in - [What is the Federal Reserve?](https://forextraders.com/forex-education/forex-glossary/what-is-the-federal-reserve/) - Federal Reserve Definition. The Federal Reserve, or Fed, is the Central Bank of the United States. It was established in 1913 when Congress passed the Federal Reserve Act. The Act defines the role of the Fed is "to furnish an elastic currency, to afford the means of rediscounting commercial paper, to establish a more effective - [What is a European Style Option?](https://forextraders.com/forex-education/forex-glossary/what-is-a-european-style-option/) - European Style Option Definition. A European Style Option is a currency option or covered warrant that may be exercised only on the expiration date, as opposed to an American Style Option that may only be exercised by the Holder at any time before the expiration date. European currency options are easier to value since their - [What is the European Central Bank?](https://forextraders.com/forex-education/forex-glossary/what-is-a-european-central-bank/) - European Central Bank Definition. The European Central Bank, or ECB, is the Central Bank for the European Monetary Union. It is Europe's equivalent of the Federal Reserve Bank. The Frankfurt-based European Central Bank manages and administers the Euro, and the Eurosystem is comprised of central banks from each Eurozone country. The ECB is independent and - [What is the Euro?](https://forextraders.com/forex-education/forex-glossary/what-is-the-euro/) - Euro Definition. The Euro (sign: €; code: EUR) is the basic monetary unit of most members of the European Union, originally introduced in 1999. In 2002, twelve European nations (Germany, France, Belgium, Luxembourg, the Netherlands, Italy, Spain, Portugal, Ireland, Greece, Austria, Finland) adopted the euro as their basic unit of money and abandoned their traditional - [What is the European Monetary Union?](https://forextraders.com/forex-education/forex-glossary/what-is-the-european-monetary-union/) - European Monetary Union Definition. The European Monetary Union, or EMU, is an agreement by participating European Union member countries that includes protocols for the pooling of currency reserves and the introduction of a common currency. The principal goal of the EMU was to establish a single European currency called the Euro, which officially replaced the - [What is the Elliott Wave Principle?](https://forextraders.com/forex-education/forex-glossary/what-is-the-elliott-wave-principle/) - The Elliott Wave Principle, or Elliott Wave Theory, is a type of technical analysis that was founded by Ralph Nelson Elliott in the 1930s. It is based on the idea that market prices unfold in specific patterns. These patterns, most commonly known as Elliott waves, can be very useful to analyse market cycles and to - [What is an Economic Indicator?](https://forextraders.com/forex-education/forex-glossary/what-is-an-economic-indicator/) - Economic Indicator Definition. An Economic Indicator, generally issued by a government agency, is statistical data that attempts to signal, measure or describe current economic growth and stability. Economists use these indicators to assess trends in the economy and set policy directions for the government to consider before implementing. Economic indicators come in three types: 1) - [What is a Double Top or Bottom?](https://forextraders.com/forex-education/forex-glossary/what-is-a-double-top-or-bottom/) - Double Top or Bottom Definition. These are familiar forex trading patterns consisting of upper and lower limits that have been touched twice, but never breached. The price action is usually interpreted as a sign of uncertainty. However, when the currency breaks out of this trading range, the movement is expected to be significant. A Double - [What is a Derivative?](https://forextraders.com/forex-education/forex-glossary/what-is-a-derivative/) - Derivative Definition. A Derivative is a contract whose value moderates in relation to the price movements of a related or underlying security, future or other physical instrument. Stocks, commodities or currency are typically the "underlying". There are many kinds of derivatives, with the most notable being swaps, futures, and options. However, since a derivative can - [What is Depreciation?](https://forextraders.com/forex-education/forex-glossary/what-is-depreciation/) - Depreciation Definition. Depreciation is a fall in the value of a currency due to market forces. This means that one unit of the depreciating currency buys less units of the other currency than it did previously. Economic fundamentals of the two countries generally determine the relative value between each. Depreciation also makes exports from the - [What is the Department of Commerce?](https://forextraders.com/forex-education/forex-glossary/what-is-the-department-of-commerce/) - Department of Commerce Definition. The Department of Commerce is a U.S. government agency that has a broad mandate to advance economic growth, jobs and opportunities for the American people. It has cross cutting responsibilities in the areas of trade, technology, entrepreneurship, economic development, environmental stewardship and statistical research and analysis. The Bureau of Economic Analysis - [What is a Deficit?](https://forextraders.com/forex-education/forex-glossary/what-is-a-deficit/) - Deficit Definition. A Deficit is a term used to describe an excess of liabilities over assets, of losses over profits, or of expenditures over income. In economics, it is commonly used to denote a negative balance of trade or payments. A Federal budget that spends more than it takes in is referred to as a - [What are Open Market Operations?](https://forextraders.com/forex-education/forex-glossary/what-are-open-market-operations/) - Have you ever heard of open market operations (OMOs)? It might not be a familiar term for many, especially if you are not an economist, but as a trader you have probably heard of monetary policy and interest rates many times over. Monetary policy, simply put, is a set of tools that a nation’s central - [What is a Dealer?](https://forextraders.com/forex-education/forex-glossary/what-is-a-dealer/) - Dealer Definition. A Dealer is an individual or firm that acts as a principal or counterparty to a stock, commodity or currency transaction. Principals take one side of a position, hoping to earn a spread by closing out the position in a subsequent trade with another party. In contrast, a broker is an individual or - [What is a Day Trader?](https://forextraders.com/forex-education/forex-glossary/what-is-a-day-trader/) - Day Trader Definition. A Day Trader is a speculator who takes positions in stocks, commodities or currencies that are then liquidated prior to the close of the same trading session or within a 24-hour period. Day Trader's are not interested in the intrinsic value of the security traded. They prefer to trade based on technical - [What is a Current Account?](https://forextraders.com/forex-education/forex-glossary/what-is-a-current-account/) - Current Account Definition. A Current Account is the sum of a nation's balance of trade, net factor income, such as interest and dividends, and net transfer payments, such as foreign aid. Generally, the key component of the Current Account is the balance of trade figure. In economics, the Current Account is one of the two - [What is a Currency Swap?](https://forextraders.com/forex-education/forex-glossary/what-is-a-currency-swap/) - Currency Swap Definition. A Currency Swap is an agreement between two parties to exchange principal and fixed rate interest payments on a loan in one currency for principal and fixed rate interest payments on an equal loan in another currency. The parties to the contract exchange the principal of two different currencies immediately, so that - [Forex Scalping – Extensive Guide on How to Scalp Forex](https://forextraders.com/forex-education/forex-scalping/) - Forex scalping is a popular method involving the quick opening and liquidation of positions. The term "quick" is imprecise, but it is generally meant to define a timeframe of about 3-5 minutes at most, while most scalpers will maintain their positions for as little as one minute. The popularity of scalping is born of its - [Is Scalping Profitable?](https://forextraders.com/forex-education/forex-scalping/is-scalping-profitable/) - Most novice traders have undoubtedly come across and attempted to scalp the forex market at some stage or another but likely failed, which begs the question: is scalping profitable? Scalping can be a very attractive trading style to get involved in, but it requires a lot of technical know-how, focus, discipline and strong risk management - [The Best Forex Brokers for Scalping](https://forextraders.com/forex-education/forex-scalping/best-forex-brokers-for-scalping/) - When most novice traders enter the world of trading, they tend to get carried away by the initial excitement that trading offers and spare very little thought for one of the most important trading decisions that every trader must first make: choosing the best forex broker for scalping. Not all brokers are created equal or - [The pros and cons of scalping forex](https://forextraders.com/forex-education/forex-scalping/pros-cons-of-scalping-forex/) - There are many different approaches that investors can take when trading the forex market. Some like to be more active, while others prefer to sit back and let the market come to them. And then there are those who take a more aggressive approach, looking for any opportunity to make a quick profit. Scalping is - [The Best Times for Scalping Forex](https://forextraders.com/forex-education/forex-strategy/forex-scalping/best-times-for-scalping-forex/) - This article is part of our guide on how to use scalping techniques to trade forex. If you haven't already we recommend you read the first part of our series on how to scalp forex. In scalping, the time period preferred will depend on the technical strategy employed. Some scalpers prefer choppy, directionless markets - [Forex Scalping Using Signals](https://forextraders.com/forex-education/forex-scalping/forex-scalping-signals/) - Scalping the forex market can be a daunting task for a novice trader, especially considering the high level of technical skill, focus and time required to succeed in this fast-paced trading style. That is not to say beginner traders need to be experienced to take full advantage of the many opportunities the forex market offers. - [Scalping vs Swing Trading](https://forextraders.com/forex-education/forex-scalping/scalping-vs-swing-trading/) - This article will focus on forex scalping vs swing trading in forex. First, we will give an overview of both trading styles, discuss the differences between them and, lastly, talk about which strategy may be best suited for you. As a beginner trader, you will inevitably get to a stage where you will have - [Scalping vs Day Trading](https://forextraders.com/forex-education/forex-scalping/scalping-vs-day-trading/) - In this article, we will be discussing forex day trading vs forex scalping, what their key differences are, and which strategy may be best suited to your trading style. When it comes to trading the forex market, most beginner traders, at first, find it difficult to process all the information that inevitably comes their - [What is a Currency Symbol?](https://forextraders.com/forex-education/forex-glossary/what-is-a-currency-symbol/) - Currency Symbol Definition. A Currency Symbol is a three-letter code used to abbreviate or designate a currency. ISO 4217 is the international standard describing these three-letter codes, which define the names of currencies established by the International Organization for Standardization (ISO). The ISO 4217 code list is the established norm in banking and business all - [What is a Currency Pair?](https://forextraders.com/forex-education/forex-glossary/what-is-a-currency-pair/) - Currency Pair Definition. A Currency Pair consists of the two currencies that make up a foreign exchange rate. Currency pairs are written by linking together the ISO currency codes (ISO 4217) of the base currency and the counter currency, separating them with a slash character. Often the slash character is omitted. Dealing in currencies can - [What is Currency?](https://forextraders.com/forex-education/forex-glossary/what-is-currency/) - Currency Definition. A Currency is any form of money issued by a government or central bank and used as legal tender and a basis for trade. It includes any form of money in circulation from banknotes to coins. In some cultures currency can refer to any object that has a perceived value and can be - [What is a Covered Call?](https://forextraders.com/forex-education/forex-glossary/what-is-a-covered-call/) - Covered Call Definition. A Covered Call is an options strategy in which an investor holds a long position in an asset (security, commodity or currency) and sells (writes) call options on that same asset in order to create additional income. The strategy is appropriate if the investor believes that in the short-term horizon, their asset - [What is Country Risk?](https://forextraders.com/forex-education/forex-glossary/what-is-country-risk/) - Country Risk Definition. Country Risk refers to the probability that changes in the business environment in another country where you are doing business may adversely impact your operations or payment for imports resulting in a financial loss. Country Risk also includes Sovereign Risk, which is a subset of risk specifically related to the government or - [What is a Counter Currency?](https://forextraders.com/forex-education/forex-glossary/what-is-a-counter-currency/) - Counter Currency Definition. A Counter Currency is the second listed currency in a currency pair, often referred to as the "Quote" currency. Dealing in currencies can be confusing at the start because you must always deal with a currency pair. The first currency in the pair is the "Base" currency. The second currency in the - [Two Different Scalping Strategies, Two Different Timings](https://forextraders.com/forex-education/forex-strategy/forex-scalping/two-different-scalping-strategies-two-different-timings/) - This article is part of our guide on how to use scalping techniques to trade forex. If you haven't already we recommend you read the first part of our series on forex scalping. Scalping in two different ways It is possible to think of scalping in two different ways. In one approach, the trader is - [What is a Contract Lot?](https://forextraders.com/forex-education/forex-glossary/what-is-a-contract-lot/) - Contract Lot Definition. A Contract Lot is a trading unit of currency. A standard lot in the forex market is $100,000, a mini lot is $10,000, and a micro lot is $1,000. Forex trading ten years ago was strictly the province of major global banks and financial institutions since prevailing lot sizes were $1 million - [Using Fibonacci Levels for Scalping the Forex Markets](https://forextraders.com/forex-education/forex-scalping/using-fibonacci-levels-for-scalping-forex/) - Fibonacci levels are used extensively by technical traders to either identify levels of support or to predict the possible direction of future price movement. With so many traders using Fibonacci levels, it is important that a novice trader understands how these levels are commonly used and why using Fibonacci levels to scalp forex is something - [What is Contagion?](https://forextraders.com/forex-education/forex-glossary/what-is-contagion/) - Contagion Definition in Forex. Contagion in Forex is a phenomenon in which an economic crisis spreads from one market to another in much the same way as a disease spreads without recognition of natural boundaries. The recent debt crisis in Europe is a case in point. As the debt and deficit problems in Greece became - [What is Construction Spending?](https://forextraders.com/forex-education/forex-glossary/what-is-construction-spending/) - Construction Spending Definition. Construction Spending on a monthly basis is summarized in a report released by the U.S. Department of Commerce's Census Bureau. The report details residential, nonresidential, and public expenditures on new construction. Figures are expressed in both nominal and inflation-adjusted (real) dollars. Economists use the real dollar figures to forecast upcoming quarterly GDP - [Forex Scalping Guide - Conclusions](https://forextraders.com/forex-education/forex-strategy/forex-scalping/forex-scalping-guide-conclusions/) - This article is the last part of our guide on how to use scalping techniques to trade forex. If you haven't already, we recommend you read the first part of the series on forex scalping. Not all traders will do well in scalping, but many can acquire the necessary skills for this strategy by careful - [What is a Confirmation?](https://forextraders.com/forex-education/forex-glossary/what-is-a-confirmation/) - Confirmation Definition. A Confirmation in Forex is a process by which the two counterparties to a trade input their instructions to a central system that compares them and, if the instructions agree, confirms them and passes them on for settlement. Generally, a document is exchanged in the process. The written correspondence details the terms of - [What is the CME Group?](https://forextraders.com/forex-education/forex-glossary/what-is-the-cme-group/) - CME Group Definition - The CME Group is the world's largest futures exchange, which includes the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), and New York Mercantile Exchange (NYMEX). CME Group was created July 12, 2007 from the merger between the CME and the CBOT. On March 17, 2008, it announced its acquisition - [What is a Closed Position?](https://forextraders.com/forex-education/forex-glossary/what-is-a-closed-position/) - Closed Position Definition. A Closed Position in a currency is one where any risk exposure in the foreign currency has been eliminated. The process to close a position is to sell or buy a specific amount of currency to offset an equal amount of currency in the respective open position. This action will "square", "offset" - [What is Clearing?](https://forextraders.com/forex-education/forex-glossary/what-is-clearing/) - Clearing Definition. Clearing is an integral part of the overall settlement process that creates the funds that are freely available for further trading. After a trade has been matched by a trading system, it needs to be cleared and settled so that the seller gets paid and the buyer gets ownership of the security or - [What is a Channel?](https://forextraders.com/forex-education/forex-glossary/what-is-a-channel/) - Channel Definition - A Channel is a straight line drawn parallel to the basic trendline. In an uptrend, the channel line slants up to the right and is drawn above rally peaks. Conversely, in a downtrend, the channel line is drawn below price bottoms and slants down to the right. Resistance is interpreted to be - [What is a Central Bank?](https://forextraders.com/forex-education/forex-glossary/what-is-a-central-bank/) - Central Bank Definition - A Central Bank is a financial institution, such as the U.S. Federal Reserve System, charged with regulating the size of a nation's money supply, the availability and cost of credit, and the foreign exchange value of its currency. Central banks generally act as the fiscal agent of their respective government, issuing - [What is the Cash Market?](https://forextraders.com/forex-education/forex-glossary/what-is-the-cash-market/) - Cash Market Definition - The Cash Market, commonly referred to as the Spot Market, is a market in which transactions are promptly completed, that is, ownership of the commodity or currency is transferred from seller to buyer and payment is given on delivery of the commodity or currency. The cash market contrasts with the Futures - [What is a Candlestick Chart?](https://forextraders.com/forex-education/forex-glossary/what-is-a-candlestick-chart/) - Candlestick Chart Definition - A Candlestick Chart is a type of chart that consists of four major prices: high, low, opening and closing. The body of the candlestick bar is formed by the opening and closing prices. The body of the bar is left blank to indicate that the opening was lower than the closing - [What is a Capital Account?](https://forextraders.com/forex-education/forex-glossary/what-is-a-capital-account/) - Capital Account Definition - The Capital Account is one of three primary components of a country's Balance of Payments, the others being the Current Account and the Financial Account. Within these three categories are sub-divisions, each of which accounts for a different type of international monetary transaction. The capital account records all international capital transfers. - [What is a Call Option?](https://forextraders.com/forex-education/forex-glossary/what-is-a-call-option/) - Call Option Definition - A Call Option, often simply labeled a "Call", is a contract in which the Buyer has the right but not the obligation to purchase a particular security, commodity or currency for a given strike price on, in the case of European call options, or before, in the case of American call - [What is Cable?](https://forextraders.com/forex-education/forex-glossary/what-is-cable/) - Cable Definition - Cable is forex jargon often used among currency traders when referring to the British Pound (GBP) or the Sterling/US Dollar exchange rate. The name is derived from the 1800s when the British Pound was more dominant and the currency was continually wired between North America and Europe via transatlantic cable. The British - [What is a Bull Market?](https://forextraders.com/forex-education/forex-glossary/what-is-a-bull-market/) - Bull Market Definition - A Bull Market is a prolonged period in which investment prices rise faster than their historical average. Bull Markets can happen as a result of an economic recovery, an economic boom, or investor psychology. The longest and most famous Bull Market is the one that began in the early 1990s. U.S. - [How to Trade the Bearish Kicking Candlestick Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/the-bearish-kicking-candlestick-pattern/) - In order to maximize a reversal trading opportunity, traders must jump on board the trend as near to the reversal point as possible. However, the counsel of veteran traders is to never attempt to guess the exact reversal point. Veterans have the scars from attempting this folly, but you can get close if you use - [What is the Bretton Woods Agreement?](https://forextraders.com/forex-education/forex-glossary/what-is-the-bretton-woods-agreement/) - Bretton Woods Agreement Definition - The Bretton Woods Agreement, signed in 1944, outlined rules and regulations for an international monetary system. It used the price of gold to fix exchange rates for major currencies. The agreement was drawn up after World War II by the U.S. and Great Britain and established a fixed exchange rate - [What is a Broker?](https://forextraders.com/forex-education/forex-glossary/what-is-a-broker/) - Broker Definition - A Broker is an agent, individual or firm that acts as an intermediary by putting together buyers and sellers for a fee or commission. In contrast, a "dealer" commits capital and takes one side of a position, hoping to earn a spread by closing out the position in a subsequent trade with - [What is the Big Figure?](https://forextraders.com/forex-education/forex-glossary/what-is-the-big-figure/) - Big Figure Definition - A term often used by forex traders to abbreviate the prevailing quote figures for a currency pair such that the first three figures of the quote, the Big Figure, are dropped and the remaining figures communicate the actual quote. Occasionally, the stem, or whole dollar price, of a quote is all - [What is the Black-Scholes Model?](https://forextraders.com/forex-education/forex-glossary/what-is-the-black-scholes-model/) - Black-Scholes Model Definition - The Black-Scholes Model is the prevailing mathematical formula used to price currency options in the market with a fixed, European style, expiration date. The model generates prices based on a set of ideal assumptions related to volatility, standard normal distribution, and probability densities. The primary drivers of the pricing model are - [What is a Bid/Ask Spread?](https://forextraders.com/forex-education/forex-glossary/what-is-a-bid-ask-spread/) - Bid/Ask Spread Definition - The Bid/Ask spread is the difference between the price a Seller is asking for and the price that a Buyer is willing to pay. A Bid/Ask spread exists in virtually every freely traded market. In currencies for example, if you receive a quote for a EUR/USD currency pair of $1.2750/52, the - [What is a Bear Market?](https://forextraders.com/forex-education/forex-glossary/what-is-a-bear-market/) - Bear Market Definition - A Bear Market is a prolonged period during which investment prices fall, accompanied by widespread pessimism. If the period of falling stock, commodity, or currency prices is short and immediate, followed by a period of rising prices, it is called a correction. Bear markets usually occur when the economy is in - [What is a Base Currency?](https://forextraders.com/forex-education/forex-glossary/what-is-a-base-currency/) - Base Currency Definition - The "Base" currency is the first currency presented in a quote involving a pair of currencies. Dealing in currencies can be confusing at the start because you must always deal with a currency pair. The first currency in the pair is the "Base" currency. The second currency in the pair is - [What is a Bar Chart?](https://forextraders.com/forex-education/forex-glossary/what-is-a-bar-chart/) - Bar Chart Definition - A Bar Chart is a type of chart style that attempts to convey a visual representation of price activity over a given period of time. This type of chart is popular among forex traders because it enables quick recognition of trends and patterns. For each trading period on the chart, a - [What is Trade Balance?](https://forextraders.com/forex-education/forex-glossary/what-is-trade-balance/) - Trade Balance Definition. A Trade Balance, or Balance of Trade, is the difference between the monetary value of exports and imports of a specific country's economic output over a certain period of time. It is one of many economic fundamentals that affect the relative value of a country's currency. A positive or favorable balance of - [What is Appreciation?](https://forextraders.com/forex-education/forex-glossary/what-is-appreciation/) - Appreciation Definition - An increase in the value of one country's currency with respect to another. This means that one unit of the appreciating currency buys more units of the other currency than it did previously. Economic fundamentals of the two countries generally determine the relative value between each. Appreciation also makes exports from the - [What is At the Money?](https://forextraders.com/forex-education/forex-glossary/what-is-at-the-money/) - At the Money Definition - A term used to describe a currency option that has a strike price at or near to the prevailing market price for the underlying currency. This term is occasionally abbreviated as only "ATM". Investors should have a good understanding of the factors that determine the value of a currency option - [What is At Best?](https://forextraders.com/forex-education/forex-glossary/what-is-at-best/) - At Best Definition - The term At Best is used when issuing an instruction to a forex broker, dealer or market maker that they should buy or sell at the best price that they can or are able to obtain in the market in a given time period. Your broker/dealer may have a variety of - [What is At or Better?](https://forextraders.com/forex-education/forex-glossary/what-is-at-or-better/) - At or Better Definition - This term is used when issuing an instruction to a forex broker, dealer or market maker that they should buy or sell at a specific rate or better that they can or are able to obtain in the market in a given time period. Your broker/dealer may have a variety - [What is an Ascending Triangle?](https://forextraders.com/forex-education/forex-glossary/what-is-an-ascending-triangle/) - Are you familiar with an ascending triangle formation and what it might mean in the context of forex trading? Veteran forex traders will tell you that the only way to win in the fickle forex market is to have an edge. You can tilt the odds in your favour by using indicators, learning to spot - [What is Adjustment?](https://forextraders.com/forex-education/forex-glossary/what-is-adjustment/) - Adjustment Definition - Sometimes referred to as "Currency Adjustment Factor", or CAF, it rises as the value of the U.S. dollar falls. It is applied as a percentage on top of the base foreign exchange rate, which is calculated as the average forex rate for the previous three months. The applicability of this type of - [What is Accrual?](https://forextraders.com/forex-education/forex-glossary/what-is-accrual/) - Accrual Definition - Generally an accounting term describing the method for recording revenues and expenses when they are incurred, regardless of when cash is exchanged. The term "accrual" refers to any individual entry recording revenue or expense in the absence of a cash transaction. Most businesses typically use one of two basic accounting methods in - [What is Arbitrage?](https://forextraders.com/forex-education/forex-glossary/what-is-arbitrage/) - Arbitrage is a process whereby a trader, better known as an Arbitrageur, attempts to profit from real-time pricing inefficiencies in the market for a particular asset or grouping of assets. In the world of foreign exchange, arbitrage is primarily the domain of major banking institutions or hedge funds, although sophisticated software algorithms have created a - [What is the Eurozone Organization for Economic Co-operation and Development (OECD) Leading Indicator?](https://forextraders.com/forex-education/forex-glossary/what-is-the-eurozone-organization-for-economic-cooperation-and-development-leading-indicator/) - Eurozone Organization for Economic Co-operation and Development (OECD) Leading Indicator Definition. This indicator, sometimes referred to as the Composite Leading Indicator or CLI, is a monthly index produced by the OECD. It measures overall economic health by combining ten leading indicators including: average weekly hours, new orders, consumer expectations, housing permits, stock prices, and interest - [What is the Bundesbank?](https://forextraders.com/forex-education/forex-glossary/what-is-the-bundesbank/) - Bundesbank Definition - The Deutsche Bundesbank, German for German Federal Bank, is the central bank of the Federal Republic of Germany and a member of the European System of Central Banks (ESCB). Due to its strength and former size, the Bundesbank is the most influential member of the ESCB. Both the Deutsche Bundesbank and the - [What is the Bank of England?](https://forextraders.com/forex-education/forex-glossary/what-is-the-bank-of-england/) - Bank of England Definition - The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the whole of the United Kingdom. It was established in 1694 to act as the English Government's banker, and its structure and operation have become the model on which most modern, - [What is Gross National Product?](https://forextraders.com/forex-education/forex-glossary/what-is-gross-national-product/) - Gross National Product Definition. Gross National Product, or GNP, is a measure of a country's economic performance and consists of the market value of all goods and services produced by the residents of a particular country. It includes the income of those residents earned by corporations owned overseas and from working abroad. It is also - [What is Delivery?](https://forextraders.com/forex-education/forex-glossary/what-is-delivery/) - Delivery Definition. Delivery denoted by a forex trade where both sides make and take actual delivery, whether physical or electronic, of the respective currencies traded, including the legal transfer and receipt of ownership rights. Cash Delivery is the same-day settlement of a currency trade in the forex market. This means that delivery and settlement of - [What is a Gold Certificate?](https://forextraders.com/forex-education/forex-glossary/what-is-a-gold-certificate/) - Gold Certificate Definition. A Gold Certificate is a certificate of ownership that gold investors use to purchase and sell the commodity instead of dealing with transfer and storage of the actual gold bullion itself. It has both a historic meaning as a U.S. paper currency (1882-1933) and a current meaning as a way to invest - [What is a Counterparty?](https://forextraders.com/forex-education/forex-glossary/what-is-a-counterparty/) - Counterparty Definition. A Counterparty is the opposite party in a currency transaction. If you are the buyer, the counterparty is the seller, and vice versa. The primary risk concern for both parties is will your respective counterparty live up to their settlement obligations by either delivering good funds or good title. In many circumstances, the - [What is Carry Trade?](https://forextraders.com/forex-education/forex-glossary/what-is-carry-trade/) - Carry Trade Definition - A Carry Trade is a strategy in which an investor sells a certain currency, the funding currency, with a relatively low interest rate and uses the funds to purchase a different currency, the carry currency, yielding a higher interest rate. A trader using this strategy attempts to capture the difference between - [What is an Inverse Head and Shoulders?](https://forextraders.com/forex-education/forex-glossary/what-is-an-inverse-head-and-shoulders/) - Inverse Head and Shoulders Definition. An Inverse (or Reverse) Head-and-Shoulders is a bullish reversal pattern that is familiar to technical analysts and forex traders. It consists of a series of three consecutive rallies, such that the first and third rallies, the "shoulders", have approximately the same height and the middle one, the "head", is the - [What are Exotics?](https://forextraders.com/forex-education/forex-glossary/what-are-exotics/) - Exotics Definition. "Exotics" is a foreign exchange term used to describe a currency that is thinly or not actively traded, as opposed to major currencies. Major currencies are the USD, EUR, GBP, AUD, JPY, CHF, CAD, and NZD. Currency pairs of these major currencies are often dubbed major or minor as another distinction. However, Exotics - [What are Factory Orders?](https://forextraders.com/forex-education/forex-glossary/what-are-factory-orders/) - Factory Orders Definition. Factory Orders are one of many economic indicators that attempt to measure changes in the production capacity of our economy. This indicator reports total new factory orders for both durable and nondurable goods. The Census Bureau of the U.S. Department of Commerce releases the report monthly, one or two weeks following the - [What are Bollinger Bands?](https://forextraders.com/forex-education/forex-glossary/what-are-bollinger-bands/) - Bollinger Bands Definition - Bollinger Bands are a technical analysis tool invented by John Bollinger in the 1980s. It is a method that combines a moving average with the underlying instrument's volatility. The bands were designed to gauge whether the prices are high or low on a relative basis. They are plotted two standard deviations - [What is the Uptick Rule?](https://forextraders.com/forex-education/forex-glossary/what-is-the-uptick-rule/) - Uptick Rule Definition. The "Uptick Rule" states that a short seller may only initiate a short sell position after an "uptick" in the market for the security. An Uptick refers to a positive movement in the price of a security, commodity or currency, and is a term specifically noting that time when a new price - [Diversifying Your Portfolio With Foreign Currencies](https://forextraders.com/forex-education/forex-strategy/diversifying-your-portfolio-with-foreign-currencies/) - Portfolio diversification consists of an investment strategy which basically spreads risk among a number of different types of investments. The idea behind this strategy has to do with the fact that if you hold all of your investments in similar securities such as stocks and bonds in your local currency, then your portfolio will mirror - [The Secret To Forex Trading Success: Recognizing The Journey](https://forextraders.com/forex-education/forex-fundamental-analysis/the-secret-to-forex-trading-success/) - Trading is a journey that has a clear beginning and no end. When you decide to begin trading, the journey begins, but it never ends until the day you stop. Each year you will learn more and become more proficient and effective in your trader skill-set. The manner in which your trading journey ends is - [Forex Derivatives](https://forextraders.com/forex-education/forex-fundamental-analysis/forex-derivatives/) - Thanks to the unmatched liquidity and competition in the forex market, trading currencies also allows a trader to take advantage of a number of other instruments which use currencies as the underlying asset. Active trading in many of these forex derivatives has further enhanced the status of currencies as one of the world's most actively - [Why Most Forex Traders Fail: Do You Have What It Takes?](https://forextraders.com/forex-education/forex-trading-psychology/why-traders-lose-discipline/) - Forex trading just like any trading is a lot about psychology. Do you know the most common pitfalls among failing forex traders? Do you have what it takes to become a successful forex trader with trading discipline? This is our most comprehensive article in our trading psychology section where we'll go through both psychological reasons - [Powerful FX Strategy: Range Expansion Reversal Strategy Part 1](https://forextraders.com/forex-education/forex-strategy/powerful-fx-strategy-range-expansion-reversal-part-1/) - Have you ever thought about the daily range of a currency pair? If you have been trading for some time, you know that currency pairs tend to reach the extent of their daily range at some point in the New York session. The truth is that with a bit of technical analysis, a trader can - [Market Strength: How To Gauge The Power Of A Market Movement](https://forextraders.com/forex-education/forex-technical-analysis/market-strength-how-to-gauge-the-power-of-a-market-movement/) - The basic profit in forex, as in any liquid, market-based investment, is knowledge. If you can accurately predict where the market is going and do so consistently, you'll be a very rich person. But there are multiple components to making successful predictions. Obviously, you have to know what direction the market is moving. You also - [The Best Forex Indicators: Can Universal Forces Of Nature Guide Me?](https://forextraders.com/forex-education/forex-technical-analysis/forex-indicators-can-universal-forces-of-nature-guide-me/) - Forex indicators, one day you swear by them, and the next day you swear at them! Can't seem to live without them, but you can't kill them either! How could we trade foreign exchange without technical analysis? Indicators can be fickle friends at times, but it is up to the user to understand what works - [Trend Reversals In The Currency Market: How To Time Them?](https://forextraders.com/forex-education/forex-strategy/trend-reversals-in-the-currency-market/) - As traders, we are continuously told by veterans not to try to time markets due to the great risks involved. It is a fact that if you make a sizable commitment in either direction and the market fails to act in the anticipated manner, the losses could be sizable. Such losses are not suffered by - [Trading Pegged Currencies: Low Risk Fixed Currency Trades](https://forextraders.com/forex-education/forex-strategy/trading-pegged-currencies-low-risk-fixed-currency-trades/) - A fixed or pegged currency is one where the currency’s value is matched to that of another asset. The asset may be a single currency, or it may be a basket. The fixed rate will be determined by central banks, and will be defended and maintained in order to protect economic stability. In this article - [How to Create a Forex Strategy Based on Technical Analysis](https://forextraders.com/forex-education/forex-strategy/forex-strategy-based-on-technical-analysis/) - Forex technical analysis strategies aim to predict future prices on the basis of past developments. All that the technical analyst is interested is in the price, and news or data have no bearing on their decisions. In this article we will examine some of the basic concepts behind forex technical analysis strategies, and will attempt - [How to use the MetaTrader 4 forex trading platform](https://forextraders.com/forex-education/forex-trading-software/the-metatrader-4-forex-trading-platform/) - The MetaTrader 4 trading platform was developed by the MetaQuotes Software Corporation and released in 2005. Up until today, the MT4 platform remains the most popular forex trading platform among retail traders, and for good reason. With the user-friendly experience that this trading software provides, the nearly endless support for custom scripts and automated trading - [Producer Price Changes and Their Economic Effect](https://forextraders.com/forex-education/forex-fundamental-analysis/producer-price-changes-and-their-economic-effect/) - Producer price changes in the United States are measured with the Producer Price Index. This important economic indicator is computed by taking a weighted average of the price changes observed in physical goods measured at the wholesale or producer level. Furthermore, U.S. Core PPI excludes the more volatile price changes often seen in food and - [Pure Expectations Theory (Guide)](https://forextraders.com/forex-education/forex-fundamental-analysis/pure-expectations-theory/) - This is the second part in our fundamental analysis article series on interest rate theories. Read the first part here. The simplest of the interest rate theories is the pure expectations theory which assumes that the term structure of an interest contract only depends on the shorter term segments for determining the pricing and interest - [The Relative Risk Ratio: An Alternative Way to Manage Risk](https://forextraders.com/forex-education/forex-fundamental-analysis/the-relative-risk-ratio/) - Without complicating the subject too much, and engaging in a discussion which may generate results that are inapplicable in the context of the common tools possessed by a retail trader, we can identify three variables in the relative risk ratio equation that determines how risky a hypothetical forex portfolio is. By risk, we focus on - [How Professional Forex Market Makers Quote Counterparties](https://forextraders.com/forex-education/forex-fundamental-analysis/how-professional-forex-market-makers-quote-counterparties/) - Many individual forex traders who trade online and have never worked for major banks wonder what goes on inside those huge forex market making financial institutions. This article is written to assist individual traders in understanding the process that a professional forex market maker goes through when quoting a typical forex counterparty. While Electronic Broking - [Forex Market Implications of the Non Farm Payrolls Data](https://forextraders.com/forex-education/forex-fundamental-analysis/forex-market-implications-of-the-non-farm-payrolls-data/) - The Non Farm Payrolls or NFP fundamental economic indicator released in the United States has a well deserved reputation as being one of the most focused on pieces of information used by forex traders. Both the key data's initial release and any subsequent revisions can often result in substantial exchange rate swings. Furthermore, the most - [The Power of Fundamental Analysis: George Soros and the Bank of England](https://forextraders.com/forex-education/forex-fundamental-analysis/the-power-of-fundamental-analysis-george-soros-and-the-bank-of-england/) - Fundamental analysis examines the reasons behind the price action. The analyst (such as George Soros) uses economic indicators and news flows to decide on the causes behind price movements. Since one cannot determine the cause of something which has not yet happened, the causal relationships demonstrated by fundamental analysis are always about present market behaviour. - [Balance Sheet of the Federal Reserve: Its Meaning and Implications for Currency Analysis](https://forextraders.com/forex-education/forex-fundamental-analysis/balance-sheet-of-the-federal-reserve-its-meaning-and-implications-for-currency-analysis/) - Apart from its responsibility of directing monetary policy, the Federal Reserve also functions as the regulator of the U.S. Financial system. It is also a powerful direct and indirect intermediary between various participants in the wholesale money markets, working to ensure the smooth flow of liquidity in the system. Most recently, the Federal Reserve has - [Investment Fraud: Flavor of the Year Must be Ponzi Schemes](https://forextraders.com/forex-education/forex-fundamental-analysis/investment-fraud-flavor-of-the-year/) - Seasons change, as do tastes, but investment fraud this year seems stuck in one genre. Ponzi schemes and related arrests are dominating news headlines in communities far and wide. Unscrupulous investment managers have been wrested from extravagant lifestyles, funded by investor monies, and paraded before judges from Calgary, Canada, to New York, and further south - [Learning From Other Traders](https://forextraders.com/forex-education/forex-strategy/learning-from-other-traders/) - It stands to reason that a great deal of useful knowledge about trading forex and other markets can be gleaned from the experience of other traders. Trading has occupied humans since the inception of commerce and many people have traded for a living long before most active traders were even born. By exploring the best - [Why Currencies Trade Against the Dollar](https://forextraders.com/forex-education/forex-fundamental-analysis/why-currencies-trade-against-the-dollar/) - Currencies always trade in pairs because the value of each currency is measured against that of another currency, yielding a rate of exchange for the currency pair. Furthermore, most currencies have been primarily traded against the U.S. Dollar for historical reasons described in further detail below. The Continuing Influence of Bretton Woods The primary reason - [Less Can Be More When Trading Forex](https://forextraders.com/forex-education/forex-strategy/less-can-be-more-when-trading-forex/) - A good reason to consider trading forex involves the relatively low learning curve involved in trading the various currency pairs. Another popular characteristic of the forex market is the fact that most currency trading activity is confined to a small number of key currencies and currency pairs, often called the majors. This limited scope allows - [Trading Strategy 101 - Cut Losses Short, Let Profits Run On](https://forextraders.com/forex-education/forex-strategy/trading-strategy-101-cut-losses-short-let-profits-run-on/) - Perhaps one of the most time honored and popular sayings among forex traders has a number of variations along the lines of the following words of wisdom: "Cut your losses short, but let your profits run on." This forex trading maxim has roots going back over a hundred and fifty years and pertains to trading - [The 24 Hour Forex Market](https://forextraders.com/forex-education/forex-strategy/the-24-hour-forex-market/) - One of the main reasons the forex market has become so popular, especially now that retail accounts are available for online trading via forex brokers, is the fact that the market trades continuously 24 hours per day, five days a week. Basically, you can start trading at the Sydney open on Sunday at 5 PM - [What Forex Traders Need to Know About GDP](https://forextraders.com/forex-education/forex-fundamental-analysis/what-forex-traders-need-to-know-about-gdp/) - The Gross Domestic Product or GDP fundamental economic indicator is one of the most closely watched indicators used by forex traders. Furthermore, both the influential data's initial release and its subsequent revisions can often result in wild swings in the forex market. The level of the GDP is commonly used by economists and fundamental traders - [The Bond Market and Currency Prices](https://forextraders.com/forex-education/forex-fundamental-analysis/the-bond-market-and-currency-prices/) - Currencies are the basic building blocks of all economic activity. A grocery, a military contractor, a mortgage borrower, and even gangsters evaluate their economic plans in terms of currencies. Consequently, the forex universe encompasses all the other fields of financial activity including the bond, commodity and stock markets. Stick with us as we explore currency - [Preferred Habitat Theory](https://forextraders.com/forex-education/forex-fundamental-analysis/preferred-habitat-theory/) - This is our fifth article in our series on interest rate theories. Read the first part about forex and the yield curve here. In our previous discussions of both the expectations theory and the market segmentation theory we noted that both fail to explain some observed phenomena in the market satisfactorily. The preferred habitat theory - [Ten Mistakes to Avoid with Binary Options](https://forextraders.com/forex-education/binary-options/ten-mistakes-to-avoid-with-binary-options/) - Disclaimer: Binary options are not available to European traders ForexTraders doesn’t recommend trading binary options. See our recommended and regulated brokers that can help traders with their portfolios legally approved, legitimate ways. Nonetheless, here is our advice to avoid binary options mistakes. In case you had not noticed, Binary Options have been the rage over the - [Currency Options Explained](https://forextraders.com/forex-education/forex-fundamental-analysis/currency-options-explained/) - A currency option is a type of foreign exchange derivative contract that confers to its holder the right, but not the obligation, to engage in a forex transaction. To learn more about forex trading, visit forex for dummies here. In general, buying such an option will allow a trader or hedger to elect to - [Forex and the Yield Curve: Understanding Interest Rates](https://forextraders.com/forex-education/forex-fundamental-analysis/forex-and-the-yield-curve/) - Let's take a dive into the forex yield curve and its relationship with interest rates. Whether one is a technical or fundamental trader, there is little disagreement that forex prices depend very strongly on the interest rate differentials between currencies. We are most used to measuring this differential in terms of the basic rate of - [Forex Trading Words of Wisdom](https://forextraders.com/forex-education/forex-strategy/forex-trading-words-of-wisdom/) - Over the years, many forex traders have found themselves in trading situations which have a tendency to repeat over time. A number of these situations have had the honor of meriting a trading maxim or adage from which a novice trader can learn from the wisdom of seasoned traders. Read on for some expert forex - [Exploiting Currency Options Expiries for Forex Trading](https://forextraders.com/forex-education/forex-strategy/exploiting-currency-options-expiries-for-forex-trading/) - Options are contracts that give the buyer the right to buy or sell an asset at a pre-specified time and price. In return, the seller receives a fee for writing the contract which is termed a premium. A put option is one in which the terms of the contract grant the right to sell the - [Trend Trading Time Frames](https://forextraders.com/forex-education/forex-strategy/trend-trading-time-frames/) - Looking to identify the best time frames for trend trading? Several different possibilities exist for how to trade a freshly identified forex market trend. These strategies can vary significantly depending on the time frame that the directional trending movement in the exchange rate occurs within. Essentially, once a trader has correctly identified the direction of - [Predicting Market Extremes Using the Put/Call Ratio](https://forextraders.com/forex-education/forex-strategy/predicting-market-extremes-using-the-put-call-ratio/) - Options have long been popular with forex traders for hedging, for directional bets, maximizing profit or for more complex forex strategies that are out of the scope of this article, but over the years, the record of options trading for buyers has not been stellar exactly. Predicting market direction in a specific time frame is - [Short Term Forex Trading Strategies](https://forextraders.com/forex-education/forex-strategy/short-term-forex-trading-strategies/) - Forex trading can encompass a wide range of different trading strategies and techniques, including short term forex trading strategies. Some of these short term forex trading strategies might seem more suitable for particular traders than others, depending on the particular temperament and character of the individual. This article will focus on strategies for trading in - [Technical Versus Fundamental Analysis](https://forextraders.com/forex-education/forex-technical-analysis/technical-versus-fundamental-analysis/) - Like other financial markets, the forex market has two primary methods of performing market research that traders can then use to base their trading decisions on. These are technical versus fundamental analysis: Technical analysis - Relies solely on historical price action and computed indicators to forecast future exchange rates. Besides price action, a number of - [Trading Forex with Multiple Time Frames](https://forextraders.com/forex-education/forex-strategy/trading-forex-with-multiple-time-frames/) - Choosing an appropriate time frame is one of the basic decisions for forex trading. Time frame refers to the width of the window in which you'll trade. In other words, you might focus on making lots of trades that last only a few minutes. Or you might do your homework for several days or weeks - [Keep Your Focus on Success Not on Trading Perfectly](https://forextraders.com/forex-education/forex-strategy/keep-your-focus-on-success-not-on-trading-perfectly/) - Trying to be a perfect trader who makes money on every trade they take and who never makes mistakes will very likely only frustrate and perhaps even limit successful forex trading. Furthermore, many factors compete to determine foreign exchange rates, and so the forex market can often be moved in ways that might be difficult - [The Influential CPI Data and its Forex Market Impact](https://forextraders.com/forex-education/forex-fundamental-analysis/the-influential-cpi-data-and-its-forex-market-impact/) - The Consumer Price Index or CPI is a fundamental economic indicator that has become one of the most closely watched inflation measures used by forex traders. Furthermore, both the influential CPI data's initial release and its subsequent revisions can often result in significant swings in the forex market. The level of the CPI is commonly - [MetaTrader 5 Review - MT5 Trading Software Review](https://forextraders.com/forex-education/forex-trading-software/metatrader-5-review-mt5-trading-software-review/) - MetaTrader 5 is the latest version of the acclaimed and popular forex MetaTrader trading platform software. It was released recently in a beta version and we did not want to miss the chance to examine the exciting new forex platform in our own MT5 trading platform review. On the whole, the design and the interface - [Forex Trend Line Drawing Tips](https://forextraders.com/forex-education/forex-technical-analysis/forex-trend-line-drawing-tips/) - Forex trend line drawing is a critical tool in forex trading analysis. Trend lines allow you to see both support and resistance points on a chart. These are then used to help you determine what type of trading activity to pursue. Forex trend line drawing is highly recommended for proper analysis of both short and - [Martingale Forex Strategy and the Gambler's Fallacy](https://forextraders.com/forex-education/forex-money-management/martingale-trade-sizing-and-the-gamblers-fallacy/) - In this article, we'll cover a numbers of forex strategies such as martingale forex strategy and anti-martingale strategy, as well as explaining the gambler's fallacy. Over the years, forex has acquired such a bad reputation that there are books published sold with statements similar to the below: "And you're surprised that we suggest gambling strategies - [Forex Cross Rate Trading Strategies](https://forextraders.com/forex-education/forex-strategy/cross-rate-trading/) - Trading in cross currency pairs with forex cross rate trading strategies offers significant opportunities to the forex trader. Perhaps one of the most important benefits of trading crosses is that it gives the forex trader the possibility of considerably expanding their horizons in the forex market to a much wider group of trading instruments. Nevertheless, - [Forex Rollover Considerations](https://forextraders.com/forex-education/forex-strategy/forex-rollover-considerations/) - The interest rate differential between a pair of currencies can either be your best friend or your worse enemy when trading forex since it affects forex rollover rates. Forex rollovers affect just about any trader that holds positions overnight, and can have an especially strong impact on a carry trade strategy. Furthermore, this important interest - [Using the COT Reports to Predict Forex Price Movements](https://forextraders.com/forex-education/forex-strategy/using-the-cot-reports-to-predict-forex-price-movements/) - Before examining the COT reports and a few ways of using them, let us note two important details: One of the major problems with the forex market is the lack of a volume indicator. Since there is no forex exchange such as the Nikkei or the NYSE, volume statistics on the entire market are not - [Market Segmentation Theory](https://forextraders.com/forex-education/forex-fundamental-analysis/market-segmentation-theory/) - This is the fourth article in our series on interest rate theories. This one deals with market segmentation theory. Read the first part here. The third approach that we'll discuss in this article is radically different from the two previous ones that we've examined. Both the liquidity preference theory, and the pure expectations theory depend - [Trader Personality Types](https://forextraders.com/forex-education/forex-trading-psychology/trader-personality-types/) - Dr. Van K. Tharp is a professional psychologist and trader coach who has come up with a very interesting set of trader personality types that novice forex traders can use to help assess their psychological suitability for the forex trading arena. Each of the fifteen trader types identified by Dr. Tharp conforms to a certain - [The Basics of Forex Swaps](https://forextraders.com/forex-education/forex-strategy/the-basics-of-forex-swaps/) - In the forex market, a forex swap is a two-part or "two-legged" currency transaction used to shift or "swap" the value date for a foreign exchange position to another date, often further out in the future. Read a briefer explanation of the currency swap. Also, the term "forex swap" can refer to the amount of - [Top 10 Forex Exit Signals - Part 2](https://forextraders.com/forex-education/forex-strategy/top-10-forex-exit-signals-part-2/) - In Part 1, we pointed out that one might regard forex as being somewhat simple: you just need to know which pair to trade, when to get in, and when to get out. (An exception to this is with carry trading, where you also need to pay attention to a few other factors). Of course, - [Top 10 Forex Entry Signals - Part 1](https://forextraders.com/forex-education/forex-strategy/top-10-forex-entry-signals-part-1/) - With all of the complexity in forex trading, there is a very simple way to describe success. Almost everything boils down to choosing the right currency pair, entering the market at the right time, and knowing when to exit. Now the hard part. How do you know when to enter and exit? In this article - [Benefits of Mechanical Trading Systems](https://forextraders.com/forex-education/automated-forex-trading/benefits-of-mechanical-trading-systems/) - In the previous article we discussed how you go about setting up mechanical forex trading systems. These mechanical trading systems look for technical market indicators and buy or sell accordingly - sometimes without any input from a human operator. As a result, they have become controversial. After all, the idea of a computer generating money - [Forex Position Sizing Strategies](https://forextraders.com/forex-education/forex-money-management/forex-position-sizing-strategies/) - Selecting a suitable forex position sizing method can affect your success as a trader as much as choosing a direction to trade in the forex market. As a result, experienced foreign exchange traders strongly recommend incorporating a position sizing technique into your trading plan that takes your trading portfolio size into account. This forex position - [Forex KISS - How Keeping It Simple Can Improve Your Bottom Line](https://forextraders.com/forex-education/forex-strategy/forex-kiss-how-keeping-it-simple-can-improve-your-bottom-line/) - It's a phrase everyone knows - Keep It Simple Stupid [or Keep It Short and Simple]. However, forex KISS is better known than practiced. Part of this is because of marketing, as well as that ever-present "keep up with Mr. Jones" attitude that pervades forex. The forex superstar Here is what happens: a trader enters - [Trade Timing - How to Decide Entry/Exit Points](https://forextraders.com/forex-education/forex-strategy/trade-timing-entry-exit-points/) - If money management is one half of trading, determination of entry/exit points constitutes the other half. No amount of successful analysis will be useful if we can't determine good trigger points for our trades. Even if we know that the value of a currency pair will appreciate in the future, unless we have a clear - [Cross Rates and Cross Currency Pairs](https://forextraders.com/forex-education/forex-strategy/cross-currency-pairs/) - The forex market's most actively traded currency pairs all include the U.S. Dollar, and those pairs tend to be where the greatest liquidity exists in the forex market. Nevertheless, many other currency pairs which do not involve the U.S. Dollar offer ample trading opportunities. These are usually referred to as the cross currency pairs or - [Currency Carry Trade - Let the Interest Rates Do the Work](https://forextraders.com/forex-education/forex-strategy/currency-carry-trade/) - Experience shows that the most important driver of currency trends is the interest rate differential of central banks. Many financial strategies attempt to capitalize on this knowledge, but the most basic and widespread strategy is the currency carry trade. In this article we’ll take a look at the basic aspects of this strategy and in - [Starting Out with Forex Trading](https://forextraders.com/forex-education/forex-strategy/starting-out-trading-forex/) - Public interest has steadily grown in the forex market since the relatively recent advent of online forex trading for retail clients. Most online forex brokers offer their proprietary trading software free of charge to their clients, as do some independent trading platform developers. As a result, learning how to start trading forex can now be - [How to Become a Forex Trader - The Simple Three Step Guide](https://forextraders.com/forex-education/forex-strategy/how-to-become-a-forex-trader-the-simple-three-step-guide/) - Forex is one of the most volatile type of investment markets and one of the most exhilarating experiences in the world. Forex, in it's nebulous form, is simply trading currencies-buying and selling, betting for and against the various currencies of nations. With great liquidity and immense margins, it is one of the most effective ways - [Designing Forex Trading Plans and Rules](https://forextraders.com/forex-education/forex-trading-plan/designing-forex-trading-plans-and-rules/) - Just about every consistently profitable forex trader uses a trade plan and trading rules and follows them in a disciplined way. Read more about the importance of a trading plan here. Accordingly, this successful trading mindset represents a key forex trading guide post that you will want to emulate as you grow as a forex - [Trading Managed Currencies - Exploiting Central Bank Policies to Make a Profit](https://forextraders.com/forex-education/forex-strategy/trading-managed-currencies/) - Managed currencies are those such as the Singapore and Hong Kong dollars, the Chinese yuan, the Russian ruble, where the Central bank doesn’t control the day-to-day fluctuations of the currency, but attempts to manage the direction of the trend by periodical interventions. The interventions are usually formulated through a floating or fixed currency band where - [Basic Technical Analysis Trading Manuals](https://forextraders.com/forex-education/forex-technical-analysis/basic-technical-analysis-trading-manuals/) - Many forex traders prefer to base their short term trading decisions on technical analysis factors rather than on fundamentals in order to obtain greater objectivity in their trading plans. For example, they might use a combination of technical indicators like Moving Averages and the Relative Strength Index or RSI to signal their trade entries and - [Where Forex Trades](https://forextraders.com/forex-education/forex-strategy/where-forex-trades/) - In general, the foreign exchange market has no centralized exchange, although futures on some currency pairs are traded on major exchanges like the Chicago International Monetary Market or IMM in the United States. The sections below will cover the primary means of trading in the forex market. The Over the Counter or OTC Forex Market - [South African Financial Markets – The Gateway to Africa](https://forextraders.com/forex-education/forex-fundamental-analysis/south-african-financial-markets-the-gateway-to-africa/) - South Africa has consistently topped the Absa Africa Financial Markets Index in recent years and remains the most attractive financial market for international investors in Africa. One key factor that should be highlighted is the consistent and regular review of the regulatory background to the financial markets that operate in South Africa. In light of - [The Effective Use of Technical Indicators](https://forextraders.com/forex-education/forex-technical-analysis/using-technical-indicators-to-genereate-forex-trading-signals/) - Technical traders often compute and plot mathematical quantities based on market observables like price and volume in order to indicate the past or present state of the market. They can often also use certain specific recognizable behaviors of the so-called technical indicators to predict the future behavior of the market and to generate buy and - [Forex Strategy Articles](https://forextraders.com/forex-education/forex-strategy/) - Forex strategies involve the combination of indicators and price patterns for the derivation of tradeable signals. - [Learn Online Market Trading](https://forextraders.com/forex-education/learn-online-market-trading/) - Online market trading – articles to inform and guide your approach When it comes to online market trading, there’s a whole range of choice on offer. From the flexibility offered by options trading to the hour-by-hour excitement of day trading, there’s a mode of trading and asset class suitable for every individual. If you are asking - [Tips for Developing a Binary Options Trading Strategy](https://forextraders.com/forex-education/binary-options/binary-options-strategy/) - In this article you will get our top 10 tips for developing a binary options trading strategy. ForexTraders doesn't recommend trading binary options. See our recommended and regulated brokers that can help traders with their portfolios legally approved, legitimate ways. If you have completed your educational phase for trading binary options, then it is now - [Learn to Trade Futures](https://forextraders.com/forex-education/learn-online-market-trading/learn-to-trade-futures/) - A futures contract is an agreement to buy or sell an asset at a future date at an agreed-upon market price. One party would agree to buy a given quantity of securities or commodity and take delivery on a certain date. This contract would be a standardised agreement, trading upon a regulated exchange. Read on - [What Kind of Stop-Loss Order Should a Trader Use?](https://forextraders.com/forex-education/forex-strategy/what-kind-of-stop-loss-order-should-a-trader-use/) - In this article we will discuss the various ways to implement a stop loss order. Every trader who has had dealings in any of the financial markets is familiar with placing and executing a stop loss order, but many are mistaken that a stop loss order is always numerical. On the contrary, there are many - [LEARN BINARY OPTIONS TRADING](https://forextraders.com/forex-education/binary-options/) - Binary options – an introduction and regulated alternatives The term ‘binary options’ refers to a particular type of financial product that has caused a significant amount of controversy in recent years. An investor who uses a binary options broker will put down a sum of capital as an investment – just as they would for - [Selecting a Good Forex Trading Platform](https://forextraders.com/forex-education/forex-trading-software/selecting-a-good-forex-trading-platform/) - If you are serious about trading in the forex market, then the trading platform you select to execute forex trades from will be an extremely important fx software tool you will rely on in your trading process. Types of trade platforms, such as demo accounts, also known as learn to trade platforms can either be - [Forex Software Articles](https://forextraders.com/forex-education/forex-trading-software/) - News, Guides and Tips about the Trader's Best Friend With the strong growth in popularity of online forex trading more advanced forex software solutions have become available to the retail investor. Forex trading platforms like Metatrader bring the market to your fingertips with live price quotes and streaming market news. In this section of forex - [Famous Traders Articles](https://forextraders.com/forex-education/famous-traders/) - Stories From the Street - Enjoy! History is riddled with stories of famous traders and fortunes amassed, and in some cases lost, in the markets. These stories show us a diversity of human emotion - ambition, greed, fear and sometimes even outright foolishness. Some of these traders have managed to achieve incredible returns with the - [Automated Trading Articles](https://forextraders.com/forex-education/automated-forex-trading/) - Utilize the Technology - Let the Computer Do the Work Automated forex trading is becoming increasingly popular as brokers offer more advanced platforms that facilitate algorithmic trading. Automated trading software can be a great help to those who have managed to develop a trading strategy with mechanical rules for entry and exit. Below we discuss - [Trading Plan Articles](https://forextraders.com/forex-education/forex-trading-plan/) - How to Create and Keep a Trading Journal Having a forex trading plan and keeping a trading journal is essential to anyone serious about learning forex trading. In order to learn from past mistakes and to ensure that you consistently execute your trades based on analysis rather than intuition and emotion you need to journal - [Trading Psychology Articles](https://forextraders.com/forex-education/forex-trading-psychology/) - Become a Master of Self-Assessment and Discipline Trading psychology is an important discipline that needs to be studied and understood by anyone who aims toward long-term success in the financial markets. Self-mastery and emotional control are key to achieving consistency when trading. Euphoria and fear are powerful enemies to the rational decision-making that should be - [Technical Analysis Articles](https://forextraders.com/forex-education/forex-technical-analysis/) - Analyze and Understand Patterns and Indicators In this section we will take a deeper look at the various tools employed by technical analysts in predicting the direction of the trend, and for deciding on entry or exit points. We will first study the main categories of forex technical analysis through these articles, and then examine - [Currency Groups](https://forextraders.com/forex-education/forex-fundamental-analysis/currency-groups/) - In basic forex nomenclature, the different currency pairs of the world are divided into groups by the amount of daily trading activity and liquidity in each of them. The market refers to these currency groups specifically as the major, minor and exotic currencies. Below are listed the different currencies that make up each group. You - [Forex Currency Code, Quotation and Naming Conventions](https://forextraders.com/forex-education/forex-fundamental-analysis/forex-currency-code-quotation-naming-conventions/) - The forex market, much like any other financial market, has its nicknames and slang terms for currencies and exchange rates, known as currency codes. Some of them even have colorful histories behind them. Furthermore, a number of code, quotation and naming conventions have arisen over the years that are now in popular use among forex - [Currencies Traded in the Forex Market](https://forextraders.com/forex-education/forex-fundamental-analysis/currencies-traded-in-the-forex-market/) - The currencies most heavily traded in today's forex market roughly mirror the international trading activities of the countries involved. For example, the most actively traded forex currencies in the market consist of the U.S. Dollar, the European Union's Euro, the Japanese Yen, the British Pound Sterling, the Swiss Franc, the Australian Dollar, the Canadian Dollar - [Getting Involved in Forex Day Trading](https://forextraders.com/forex-education/forex-strategy/getting-involved-in-forex-day-trading/) - Day Trading can offer a very exciting and lucrative way of trading the forex market for those who take the time to prepare appropriately for the endeavor. As the name implies, the basic idea behind forex day trading is that all transactions happen during the trader's normal business hours. Also, all day-trading positions are typically - [Fundamentals of Currency Evaluation](https://forextraders.com/forex-education/forex-strategy/fundamentals-of-currency-evaluation/) - Many forex traders wonder what determines the value of a nation's currency. A number of factors make up the fundamentals of currency evaluation which usually involve the countries' overall economic prospects, as well as the monetary policy set by each individual country's central bank. Relative Valuation In the forex market, the value of a paper - [The Impact of Inflation Measures on the Forex Market](https://forextraders.com/forex-education/forex-strategy/the-impact-of-inflation-measures-on-the-forex-market/) - Inflation has long been a serious enemy to economic growth and the world's central banks constantly try to keep inflation in check by adjusting monetary policy. Inflation can influence currency exchange rates considerably, and the perception of inflationary trends makes up one of the basic items affecting central bank monetary policy. In this article we - [Leverage and Its Risks](https://forextraders.com/forex-education/forex-money-management/leverage-and-its-risks/) - Forex Leverage can be defined as the amount of a trading position you can control with a given amount of margin, i.e. money placed on deposit as collateral. Also, the leverage ratio is the ratio of that amount of leverage to the amount of margin. In practice, a leverage ratio of 50:1 would mean that - [The Importance of Having a Forex Trading Plan](https://forextraders.com/forex-education/forex-trading-plan/the-importance-of-having-a-forex-trading-plan/) - When approaching a field like forex trading where personal decisions translate into profits or losses, having a well-outlined and easy-to-follow forex trading plan can make the difference between success and failure. Having a plan to be successful in any field of endeavor is highly recommended, but trading the forex or any other financial market without - [A Few General Principles on Technical Analysis](https://forextraders.com/forex-education/forex-technical-analysis/general-principles-on-technical-analysis/) - Traders new to forex might be mystified as to why technical analysis can provide such excellent market calls, perhaps even initially considering it another fortune telling hoax like reading tea leaves. Nevertheless, as many forex traders who have been around for a while can probably tell you, having a good understanding of the principles of - [Trading Market Classifications](https://forextraders.com/forex-education/forex-strategy/trading-market-classifications/) - Types of trading markets generally tend to fall into one of the two primary categories: trending and non-trending. Furthermore, markets also demonstrate a number of more specific trading pattern types. These classifications will be described further in the following section. This article is for the beginner and the more advanced reader should go directly to - [Trend Following - The Most Popular Strategy in all Financial Markets](https://forextraders.com/forex-education/forex-strategy/trend-following-strategy/) - Trend following is perhaps the most popular long-term strategy in all financial markets. As a trading strategy it is exceedingly effective and profitable when the conditions are favorable, is quite straightforward in its methodology, and there are many individuals, past and present, famous or obscure, who have used this strategy to success and riches. We - [Five Top Forex Money Management Tips](https://forextraders.com/forex-education/forex-money-management/five-top-money-management-tips/) - Trading the forex market without safeguards can be like skydiving without a parachute. Anyone serious enough about trading would do well to incorporate forex money management techniques to their trading plan to protect their portfolio. Nearly all successful traders use a money management strategy along with their regular trading plan, and if you have ever - [Range Trading the Forex Market](https://forextraders.com/forex-education/forex-strategy/range-trading-the-forex-market/) - Range trading in foreign exchange involves the ubiquitous attempt by forex traders to "buy low and sell high." While this may appear very basic at first glance, doing so in practice can prove somewhat elusive. The following sections discuss range trading and range breakout tools and strategies. Range Trading Tools Range traders make use of - [Trading Trends in Forex](https://forextraders.com/forex-education/forex-strategy/trading-trends-in-forex/) - One of the most popular sayings heard on Wall Street just has to be, "The trend is your friend". Read more forex trading words of wisdom. By this, a trader is intending to communicate that the big money in trading often comes from following major trends or directional movements occurring in the markets. Traders will - [How to Trade Forex Using Trends](https://forextraders.com/forex-education/forex-strategy/how-to-trade-forex-using-trends/) - Trends simply help us anticipate market activity. This allows us to get into a trade early and ride the upward trend until the peak. It also prevents us from staying in a position too long and end up losing some gains. By using trend lines we're determining the peak so that we can get out - [Standard Deviation Indicator](https://forextraders.com/forex-education/forex-technical-analysis/standard-deviation-indicator/) - Standard distribution is the basis that every other pattern of random distribution gravitates to over time, but even those with heavy or long tales, multimodality (such as those with multiple regional means, or medians) eventually converge on the standard distribution pattern as the number of samples is increased. As such, it is the basis of - [Good Forex Trading Technique Involves Taking Losses](https://forextraders.com/forex-education/forex-money-management/forex-trading-involves-taking-losses/) - Most seasoned forex traders will be more than happy to tell you about their big winning trades, but not so many will be forthcoming about their worst forex losses. Nevertheless, how you lose money as a forex trader can be even more important than how you go about making it. For example, failing to cut - [Managing Trading Risk With Stop Orders](https://forextraders.com/forex-education/forex-money-management/managing-trading-risk-with-stop-orders/) - Just about any forex trader who wishes to avoid watching the forex market constantly when they have a position will want to consider leaving stop orders in the market to help them manage their risk. The types of stop orders most commonly used by forex traders to manage risk on trading positions are stop loss - [Key Risk Management Principles for Forex Trading](https://forextraders.com/forex-education/forex-money-management/key-risk-management-principles-for-forex-trading/) - Many novice forex traders begin trading without a trading plan, and this is one of the primary reasons why the vast majority of new traders lose money. Even with a trading plan, if the plan lacks a good forex risk management component, regardless of how well the plan may work initially, a trader can eventually - [Forex Trading Business Plan and Risk Analysis](https://forextraders.com/forex-education/forex-trading-plan/the-trading-business-plan-and-risk-analysis/) - One of the best things you can do as a forex trader to assure your long term survival in the business is develop a sound and objective forex trading business plan and the discipline to stick to it. Going through this important process will help you overcome the emotional responses to trading that have been - [Assessing Central Bank Reserves for Forex Profits: Reading the COFER Report](https://forextraders.com/forex-education/forex-fundamental-analysis/assessing-central-bank-reserves-for-forex-profits/) - The Currency Composition of Official Foreign Exchange Reserves or COFER Report, is the most useful public source of data relating to central bank reserve allocations. The report is published by the IMF quarterly, and can be downloaded from the institution's website. The report covers the reserve composition of 149 nations, divided into the three categories - [Essential Forex Trading Terminology](https://forextraders.com/forex-education/forex-strategy/essential-forex-trading-terminology/) - Like many specialized professional fields, the forex market has developed and commonly uses a set of brief terms or phrases that together form the set of forex trading terminology. Some of these special jargon words are also commonly used among dealers trading in other financial markets, while some are pretty much unique to foreign exchange - [The Treasury International Capital reports - Gauge Inflow of Capital With the TIC Report](https://forextraders.com/forex-education/forex-fundamental-analysis/the-treasury-international-capital-tic-reports/) - The Treasury International Capital reports measure the monthly demand of international investors and governments for US private and government securities. The TIC report measures the US financial account, and as such it is of great importance in demonstrating the inflow of foreign capital into the US which is used by the private sector for investments, - [Forex Trading Platforms Basics](https://forextraders.com/forex-education/forex-trading-software/forex-trading-platform-basics/) - Those forex traders who plan on being in the business for the long term will want to carefully select the forex trading platform that is best for their needs. If you are about to select a forex platform read this first. This software constitutes a very important tool for any retail forex trader and its - [Forex Trading Explained Infographic](https://forextraders.com/forex-education/forex-for-dummies/learn-the-forex-market-infographic/) - This infographic is a simple and easy way to see forex trading explained visually, and is perfect for beginners looking to learn more about forex trading basics. For beginners, read some great words of wisdom for forex traders. Back to our forex education section. - [Forex European Currency Nicknames](https://forextraders.com/forex-education/forex-strategy/popular-european-currency-nicknames/) - Just like the major dollar currencies have been assigned informal names among traders in the forex market, so too have the major European currencies. These European currency nicknames sometimes vary between those commonly used among professional forex traders versus what market commentators might use. Also, some such names might refer to a currency, while a - [Using Point and Figure Forex Charts](https://forextraders.com/forex-education/forex-technical-analysis/identifying-point-and-figure-chart-patterns/) - Interest has recently resurfaced among technical analysts and forex traders in using a traditional form of price analysis that has been around since the 19th century in the form of Point and Figure Forex charts. These rather strange looking charts have the main advantage of allowing forex traders to completely eliminate the element of time - [Advantages of the Unregulated Forex Market](https://forextraders.com/forex-education/forex-fundamental-analysis/advantages-of-the-unregulated-forex-market/) - Efficient medium and long term trading styles in any market generally involve following the major underlying trend by trading in its overall direction. This tends to hold true no matter whether the market being traded is engaged in an upwards trend, known as a bull market, or in a downwards trend, known as a bear - [Exchange Rate Regimes](https://forextraders.com/forex-education/forex-fundamental-analysis/exchange-rate-regimes/) - The foreign exchange market has gone through several major transitions over the years, moving through prolonged periods of fixed and floating exchange rate systems. Most forex traders these days are very familiar with the currently popular system of floating exchange rates. Nevertheless, exchange rates among the major currencies were fixed or pegged for many years - [A Complete Guide to Forex Candlestick Patterns](https://forextraders.com/forex-education/candlestick-patterns/) - How would you like to learn about a technical trading system that has been in use for over 300 years with great success? Japanese commodity traders have been employing candlestick formations since the 1700s. These rather simple displays of basic trading information for a given period of time are so common today in our technical - [How to Trade the Spinning Top Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-spinning-top-pattern/) - Candlestick charts are the most popular charting method among traders, and they can provide insightful information about investor emotion and sentiment. They are also constantly analysed by traders in an effort to identify recurring patterns that can appear in any market and timeframe. These recurring candlestick patterns often help technical traders to forecast the short-term - [How to Trade the Harami Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-harami-pattern/) - A Japanese rice trader named Munehisa Homma developed candlestick charts in the 18th century. He noticed that although there was a correlation between supply and demand and the price of rice, traders’ emotions also had a great influence on markets. Using a variety of colors to visually represent price changes’ magnitude, he used candlesticks to - [How to Trade the Tweezer Bottom Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-tweezer-bottom-pattern/) - Since the 17th century, the Japanese have traded commodities using candlestick charts, but it was not until the 1990s that this type of charting method was introduced to the Western world by a man named Steve Nison. Today, candlestick charts are still widely used by technical analysts because the information they display are visually more - [How to Trade the Hanging Man Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-hanging-man-pattern/) - Candlestick charts are the most widely used chart type among traders and they can offer valuable insights into investor sentiment. Traders watch candlesticks closely in an attempt to spot repeatable patterns that occur in any market and timeframe. Depending on the shape of these candlestick patterns and where they appear on a chart, they often - [How to Trade the Dark Cloud Cover Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-dark-cloud-cover-pattern/) - Candlestick charts are a technical tool that allows traders to better visualise the trading data present over a specified timeframe. This makes them more useful than bar or line charts because it is easier to spot repeatable candlestick patterns that tend to forecast price direction when they complete. There are many different candlestick patterns, which - [How to trade the doji pattern in forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-doji-pattern/) - Candlestick charts have been around for a very long time and were first used in the 1700s when a Japanese man named Honma developed this type of chart to help him track supply and demand in the rice trade. The Western world was only introduced to the candlestick chart during the 1990s by the renowned - [How to trade the hammer pattern in forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-hammer-pattern/) - Candlestick charts are by far the most popular charting type among traders today because they offer a unique visual representation of trading behaviour for a selected time period. Technical analysts use them to “read” the investor sentiment of a market’s prices to help them determine when to enter and exit trades. Just like technical chart - [How to trade the evening star pattern in forex](https://forextraders.com/forex-education/candlestick-patterns/how-to-trade-evening-star-pattern/) - Candlestick charts offer valuable information to a trader that is visually easier to interpret than a bar chart or line chart, for example. Technical analysts closely watch candlesticks for well-known patterns that tend to repeat in all markets and timeframes. As a novice trader, it is important to educate yourself as much as possible if - [How to Trade the Bullish Kicking Candlestick Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/the-bullish-kicking-candlestick-pattern/) - Predicting when a trend will reverse is often said to be pure folly. What is needed is an effective technical trading technique that increases the probability of a reversal significantly enough to plan a strategy for it. The world of candlestick patterns offers a multitude of reversal signals, which when combined with other technical support - [How to Trade the Bullish Three Inside Up Candlestick Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/the-bullish-three-inside-up-candlestick-pattern/) - Candlestick patterns provide instantaneous insights for trading opportunities. If you are to become an experienced forex trader, you will need to enhance your knowledge base with these curious little shapes. They can be single candles, but a series of them can telegraph a major reversal in the making. One of these important candle groupings is - [How to Trade the Pin Bar Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/the-pin-bar-pattern/) - Experienced forex traders learn early on that the forex market is fickle and that one size does not fit all market conditions when it comes to various trading strategies. Hedge funds and major banking institutions are known to release a host of algo-trading bots at the beginning of a market session, review early results to - [How to Trade the Bullish Piercing Line Pattern in Forex](https://forextraders.com/forex-education/candlestick-patterns/the-bullish-piercing-line-pattern/) - One important rule of forex trading is that a trader must always approach the market with a disciplined plan of attack, preferably a trading strategy that helps to identify opportunities and then leads you step by step through the process of opening a position, managing risk, and then closing the position for a gain. There - [Currency Devaluation Examples](https://forextraders.com/forex-education/forex-fundamental-analysis/currency-devaluation-examples/) - The way that currencies appreciate and depreciate against each other depends on certain key factors. Under today's system of managed floating rates, currency values usually depend on market forces, political and economic factors, and the forces of supply and demand in the market rather than on fixed or pegged exchange rates. Read on for currency - [Benefits of High Forex Market Liquidity](https://forextraders.com/forex-education/forex-fundamental-analysis/benefits-of-high-forex-market-liquidity/) - The forex market is not only the largest capital market in the world, but also has the largest number of individual and corporate participants. The chief benefit of having more participants in any capital market consists of the higher degree of liquidity that usually results. Liquidity means how fast you can turn an investment into - [Pattern Scalping Strategy](https://forextraders.com/forex-education/forex-strategy/forex-scalping/pattern-scalping-strategy/) - This article is part of our guide on how to use scalping techniques to trade forex. If you haven't already we recommend you read the first part of series on forex scalping. Most scalpers try to benefit from price patterns in trading the markets. Those who like calmer markets choose to exploit formations like triangles - [Currency Trading vs Futures Trading: Forex & Eurex Under the Microscope](https://forextraders.com/forex-education/forex-fundamental-analysis/currency-trading-vs-futures-trading-forex-eurex-under-the-microscope/) - Since the late 90's, retail currency trading has become one of the fastest growing sectors in the financial industry. This success has largely been due to online trading platforms that are increasingly making forex trading available to consumers. But in the battle of Forex Vs Futures Trading, which wins out? Eurex Around the same time, - [Understanding Forex Spot Transactions](https://forextraders.com/forex-education/forex-fundamental-analysis/understanding-forex-spot-transactions/) - So what exactly is a forex spot transaction? Spot transactions are simply those which are dealt for delivery on the spot value date. Historically, the term "spot" probably evolved from the phrase "on the spot". This basically implied that the currencies were being dealt for immediate delivery, which meant two business days for most currency - [The Importance of Forex Trading Times](https://forextraders.com/forex-education/forex-fundamental-analysis/the-importance-of-forex-trading-times/) - While you can technically access the forex market and trade at any hour of the day or night during the forex trading week, many traders find that certain hours offer more liquidity and tighter spreads than others. Some short term forex trading plans even exclude trading currencies during the more illiquid and hence more risky - [Essential Forex Chart Types](https://forextraders.com/forex-education/forex-strategy/essential-forex-chart-types/) - Price charts have been used by technical analysts operating in a variety of financial and commodity markets for many years. In the forex market, traders will typically plot the exchange rate of a particular currency pair as it evolves over time. The way in which the trader chooses to do so will usually determine the - [Multiple Time Frame Analysis](https://forextraders.com/forex-education/forex-strategy/multiple-time-frame-analysis/) - When trading forex using technical analysis, many traders will consult charts that cover several different time frames in order to refine their analysis. Furthermore, many technical analysts provide different forecasts for a particular currency pair that depends on what time frame they have under consideration. Due to the fractal nature of market price action, each - [Understanding Forex Forward Transactions](https://forextraders.com/forex-education/forex-fundamental-analysis/understanding-forex-forward-transactions/) - A forex forward transaction is a contractual agreement to take part in a currency transaction on a date other than the spot value date at a specific rate of exchange. More on the spot transaction. Since a forex deal settling in two business days (or one for USD/CAD) is generally considered a spot deal, this - [Currency Trading for Beginners](https://forextraders.com/forex-education/forex-for-dummies/how-do-we-get-started/) - If learning currency trading is such a difficult task, how do we proceed? Please accept that we are only providing a framework for you to get started quickly. Trading currencies entails high risk, as the high casualty rate figure warns. You must approach the market in a disciplined manner with a step-by-step strategy that guides - [Forex Broker Lots](https://forextraders.com/forex-education/forex-strategy/forex-broker-lots/) - In the forex market, the term "lot" usually refers to the minimum transaction amount for a particular currency pair. Lot sizes will usually be expressed in terms of the base currency for that pair, but might also be denominated in U.S. Dollars due to the overwhelming prevalence of trading in that currency. The Interbank forex - [Trading Forex Vs Stocks](https://forextraders.com/forex-education/forex-strategy/trading-forex-versus-stocks/) - The foreign exchange market has often been the market of choice for many savvy traders, commonly being preferred over bond, stock and commodity markets for its liquidity and other desirable characteristics. But which is the best choice for trading in the battle of Forex Vs. Stocks? Although many top traders have been trading currencies for - [Forex Technical Analysis Trading Tools](https://forextraders.com/forex-education/forex-technical-analysis/technical-analysis-tools/) - A particularly popular method of trading forex involves using technical analysis to generate buy and sell signals. Forex traders using technical analysis often use specific recognizable price patterns recorded on charts or indicators calculated from market observables like price action to provide them with a sense of the market's future direction. Some of the most - [Regular and Hidden Divergence in Technical Indicators](https://forextraders.com/forex-education/forex-technical-analysis/regular-and-hidden-divergence-in-technical-indicators/) - The term divergence has two distinct meanings in common use among technical analysts and forex traders. The first usage refers to the situation that occurs on a chart where a new extreme seen in the price level does not result in a concurrent extreme level in the value of the observed technical indicator. The second - [The Perils of Forex Backtesting - How to Evaluate a Technical Forex Strategy](https://forextraders.com/forex-education/automated-forex-trading/the-perils-of-forex-backtesting/) - Trading involves numbers. We need to make a lot of calculations to analyze the price action and gain an understanding of market movements. While economic events usually follow a discernible pattern of cause and effect that may be evident even without the use of technical methods, it is difficult to evaluate the random movements of - [Fibonacci Retracements and Projections](https://forextraders.com/forex-education/forex-technical-analysis/fibonacci-retracements-and-projections/) - Many forex traders have learned to use Fibonacci retracements and projections when trading. Nevertheless, not all of them realize that they are using an element of Elliott Wave Theory in the process of doing so. In the 1940's, R. N. Elliott enhanced his initial Wave Theory tenets to include Fibonacci numbers. He did so because - [Forex Price Action - Reading the Language of the Market](https://forextraders.com/forex-education/forex-technical-analysis/forex-price-action-reading-the-language-of-the-market/) - Introduction Most of this text is fairly straightforward. The terms and descriptions that we use are often self-evident, and we hope that even someone with no experience of trading will be able to grasp the essence of the discussion with a little effort. We'll go through a number of well known technical forex trend patterns. - [Technical Strategies Based on Crossovers](https://forextraders.com/forex-education/forex-strategy/technical-strategies-based-on-crossovers/) - In this extensive article we will study the various kinds of crossovers and how to exploit, interpret and confirm them based on the interaction of indicators with the price and each other. We'll describe them in various charts to make it easier for you as a reader to understand. The crossover strategy is popular and - [Triple Exponential Moving Average: The TEMA Indicator](https://forextraders.com/forex-education/forex-technical-analysis/triple-exponential-moving-average-the-tema-indicator/) - Triple Exponential Moving Average, or TEMA, is a type of exponential moving average developed by Patrick Mulloy in 1994. One of the common problems of trading with EMAs or oscillators has always been the inevitable issue of lag encountered in trading decisions. The TEMA indicator was developed in order to deal with this problem. Taking - [Forex Charting Software](https://forextraders.com/forex-education/forex-trading-software/forex-charting-software/) - One of the first applications for computer software when it came to trading the forex market was in plotting or charting historical exchange rates over time. This important functionality has evolved substantially during the years since the personal computer capable of running such software was first made available to the forex trader. The following sections - [Forex Indicators: Is There a Holy Grail Out There?](https://forextraders.com/forex-education/forex-technical-analysis/forex-indicators-is-there-a-holy-grail/) - Just like gold prospectors of old, every trader suspects that someone out there has the "secret", the indicator beyond all indicators that will always give infallible signals and lead him to his vein of gold. Does such a "Holy Grail" exist? Or, is this just fanciful thinking that a panacea is waiting to be found - [Forex Oscillators - The Predictive Value of Divergence and Convergence](https://forextraders.com/forex-education/forex-technical-analysis/forex-oscillators/) - Forex oscillators give the trader limit values which he can use to evaluate the price action. The currency price is a number, and its range is limitless (it can move between zero and infinity). It’s impossible to define a high and low on that range, and oscillators are used to overcome this problem. Divergence and - [Forex Trend Indicators](https://forextraders.com/forex-education/forex-technical-analysis/forex-trend-indicators/) - Forex trend indicators are used to gauge the strength and direction of a trend. As their name suggests, they are most useful in trending markets, and their usage in ranging markets is to be avoided because of the tendency to give false signals. The importance of trends has been a recognized fact for many years, - [Forex Trend Breakout - Methods to Spot a Coming Breakout](https://forextraders.com/forex-education/forex-technical-analysis/forex-trend-breakout-methods-to-spot-a-coming-breakout/) - Support and resistance is a well-known concept in forex and other types of investment. The concept arose from the observation that prices sometimes "test" a certain limit multiple times. For instance, a security might reach $37 repeatedly before falling back down again and again. The same can happen as a price falls - this time - [Seminal Technical Analysis Literature](https://forextraders.com/forex-education/forex-technical-analysis/seminal-technical-analysis-literature/) - Many of the inventors of popular technical indicators have written books about how to use their indicators or analysis methods properly when trading. While these books are often considerably more advanced than a simple technical analysis trading manual, this body of work comprises some of the most innovative written work on technical analysis available to - [How to Construct a Mechanical Forex Trading System](https://forextraders.com/forex-education/automated-forex-trading/how-to-construct-a-mechanical-forex-trading-system/) - As forex software becomes more complex and automation becomes more common, many traders now rely on mechanical forex trading systems. These software systems execute trades when certain market conditions are met, with or without the confirmation of the operator. So how do you set up one of these systems? For starters, you will need software - [Modern European Exchange Rate Systems](https://forextraders.com/forex-education/forex-fundamental-analysis/modern-european-exchange-rate-systems/) - A highly significant event that occurred in the forex market over just the past decade or so has been the unification of many of the national currencies of Europe into a single consolidated currency known as the Euro. The following sections describe in greater detail the modern european exchange rate systems. For a short description of - [The Basics of Fundamental Analysis](https://forextraders.com/forex-education/forex-fundamental-analysis/the-basics-of-fundamental-analysis/) - In this section we will examine the various economic indicators released by the governments, central banks and statistical agencies of nations. We're not going into which indicator is what (although we will do that later), but our goal is to show you the interactions between the various data, and how the fundamental factors influence economic events and - [The Carry Trade and Its Risks](https://forextraders.com/forex-education/forex-strategy/the-carry-trade-and-its-risks/) - When considering taking on a carry trade position, a forex trader will first want to take into account the interest rate differential and their forecast for the currency pair over the desired time frame for the carry trade. If both of these elements look favorable for the trade, then the next factor they might want - [Spot Market Versus Currency Futures Trading](https://forextraders.com/forex-education/forex-strategy/spot-market-versus-currency-futures-trading/) - Currency futures trade in a completely different manner than the cash foreign exchange market where trading is done primarily in the spot and forward markets over an electronic and telephone network. The currency futures market has grown considerably since their introduction on the International Monetary Market division of the Chicago Mercantile Exchange in the early - [The Professional Interbank Forex Market](https://forextraders.com/forex-education/forex-fundamental-analysis/the-professional-interbank-forex-market/) - The largest forex trading volumes by far go through the network of professional forex dealers known collectively as the Interbank forex market. As the name implies, these Interbank dealers usually work for major forex market making banks, their forex brokers or their customers. These larger players tend to trade amounts more than $1 million and - [Use Caution With Managed Forex Accounts](https://forextraders.com/forex-education/forex-money-management/use-caution-with-managed-forex-accounts/) - Legitimate managed forex trading accounts may not be the easiest investment vehicles to find in today's forex market. Many unfortunate people have found to their dismay that their forex managed account funds have been stolen by fraud perpetrators operating what turn out to be Ponzi schemes. Accordingly, if you wish to consider allowing a firm - [Forex Compound Interest Effects](https://forextraders.com/forex-education/forex-strategy/forex-compound-interest-effects/) - Forex compound interest can really work for you when trading and can help you turn a decent trade into a great trade if it can be held over time. Conversely, it can cost you plenty of money if you take overnight positions in which you pay away compound interest. An important thing to remember about - [How Forex Scalpers Make Money](https://forextraders.com/forex-education/forex-strategy/forex-scalping/how-forex-scalpers-make-money/) - This article is part of our guide on techniques forex scalpers use to trade forex. If you haven't already we recommend you read the first part of our series on forex scalping. We have already stated that scalping is about making small profits over a long time which can reach significant amounts when combined. But - [Strategies for Trading Forex on News Releases](https://forextraders.com/forex-education/forex-strategy/strategies-for-trading-forex-on-news-releases/) - One of the most interesting trading strategies that forex traders commonly employ is trading on economic news releases. Specifically, closely watched economic news items such as the United States' Non-Farm Payrolls and, Gross Domestic Product numbers tend to result in significant reactions in the forex market, especially if they differ substantially from the market's prior - [The Generality of Charting Techniques](https://forextraders.com/forex-education/forex-technical-analysis/the-generality-of-charting-techniques/) - Although forex charts seem especially popular at present, traders in all financial markets use charts. In fact, many of the techniques used by forex traders in charting exchange rates were originally developed by technical analysts operating in the stock and commodity markets. Furthermore, since the analysis of price data does not depend on a specific - [Useful Software for Technical Traders](https://forextraders.com/forex-education/forex-strategy/useful-software-for-technical-traders/) - Forex traders who base their trade plans on technical analysis often require support from specialized technical analysis software programs. Some more sophisticated forex technical analysis software packages also offer a number of different types of functionality to their users. The following sections describe the most common and useful types of technical trader software used by - [Powerful FX Strategy: Range Expansion Reversal Strategy Part 2](https://forextraders.com/forex-education/forex-strategy/powerful-fx-strategy-range-expansion-reversal-part-2/) - In "Part 1" of this two-part series, we outlined a very powerful forex trading strategy, commonly known as the "Range Expansion Reversal Strategy." This strategy takes advantage of the tendency of markets to revert back to their mean average over time. In this case, we focus on the average daily trading range of a currency - [The Pin Bar: One of the Most Powerful Price Patterns in Forex Trading](https://forextraders.com/forex-education/forex-technical-analysis/the-pin-bar-one-of-the-most-powerful-price-patterns/) - Are you tired of trying to be a scalper and continually getting scalped by the market? Perhaps the quick action of the 1-Minute and 5-Minute charts is a bit too much. In fact, trading those lower timeframes can be very difficult, even for the most seasoned professional traders. One of the easiest things many new - [Investing Through a Constitutional Crisis](https://forextraders.com/forex-education/forex-fundamental-analysis/investing-through-a-constitutional-crisis/) - In the past three years, many articles have been devoted to the outcome of the UK’s withdrawal from the EU, and the underlying risk that 500 million consumers may be thrown under the wheels of the Brexit juggernaut. The facts are that whatever deal materialises from the fog, it may not be as painful for - [Using Fibonacci Levels for Scalping the Forex Market](https://forextraders.com/forex-education/forex-strategy/forex-scalping/using-fibonacci-levels-for-scalping-forex/) - This article is part of our guide on how to use scalping techniques to trade forex. If you haven't already we recommend you read the first part of our series on forex scalping. Scalping a strongly trending market is very different from scalping a quiet, tame market where price action is confined in a small - [The Best Currencies for Scalping Forex](https://forextraders.com/forex-education/forex-strategy/forex-scalping/best-currencies-for-scalping-forex/) - This article is part of our guide on how to use scalping techniques to trade forex. If you haven't already we recommend you read the first part of our series on forex scalping. Scalping is a highly specialized activity which requires a favorable technical and fundamental setup to yield its full potential. In the previous - [Forex Scalping - Extensive Guide on How to Scalp Forex](https://forextraders.com/forex-education/forex-strategy/forex-scalping/) - Forex scalping is a popular method involving the quick opening and liquidation of positions. The term "quick" is imprecise, but it is generally meant to define a timeframe of about 3-5 minutes at most, while most scalpers will maintain their positions for as little as one minute. The popularity of scalping is born of its - [Forex Technical Analysis](https://forextraders.com/forex-education/forex-technical-analysis/) - The beginnings of technical analysis is usually dated to the Dow theory, and to the early part of the 20th century. Over the years, many contributors have created indicators, oscillators and moving averages of all sorts to increase the arsenal which the trader can utilize to understand the forex market. But the basic principles of - [Forex Fundamental Analysis](https://forextraders.com/forex-education/forex-fundamental-analysis/) - As we mentioned before, prices do not cause prices. The reasons that lie behind price movements in the forex market are the subject of fundamental analysis, and those familiar with trading stocks should have little trouble in becoming familiar with fundamental analysis of currencies. Just as stock traders measure the health of a publicly-traded company by - [Lesson #1 - Currency Pairs and Forex Market Pricing Behavior](https://forextraders.com/forex-education/forex-for-dummies/lesson-one/) - Currencies come in pairs, like the Euro versus the U.S. Dollar, or "EUR/USD". It may surprise you, but currencies have no "intrinsic value", as with stocks. Their value is "relative" to each other and the economies of the respective countries that stand behind them. The first currency listed is always known as the "Base" currency, - [RSI Strategy - How to Use the RSI in Forex Trading](https://forextraders.com/forex-education/forex-indicators/rsi-strategy/) - This is the second article in our RSI series. If you haven’t already we suggest that your check out the first article about the RSI Indicator. In that article, we covered the background of the "Relative Strength Index", or "RSI", indicator, how it is calculated, and how it looks on a chart. The RSI measures - [The Bullish Piercing Line Candlestick Chart Pattern](https://forextraders.com/forex-education/forex-technical-analysis/the-bullish-piercing-line-candlestick-chart-pattern/) - Candlestick chart patterns fall into two principal categories: continuation patterns and reversal patterns. Reversal patterns can be either moderately reliable or - as in the case of the Bullish and Bearish Kicking patterns - they can be very reliable. Two patterns which have only a moderate level of reliability in signaling a reversal in the - [The Bullish Kicking Candlestick Chart Pattern](https://forextraders.com/forex-education/forex-technical-analysis/the-bullish-kicking-candlestick-chart-pattern/) - When Candlestick charts are interpreted correctly by a skilled technical analyst, they can clearly indicate potential market reversals to a forex trader. This can give the trader a higher likelihood of initiating high probability directional trades in the forex market. Candlestick chart patterns can be a single candlestick, or they can consist of multiple candles. - [Lesson #3 - Strategy Development](https://forextraders.com/forex-education/forex-for-dummies/lesson-three/) - As noted in the rules at the beginning of this forex trading tutorial, currency trading is all about improving the "50/50" odds in your favor by finding trends and anticipating when they might repeat a familiar pattern of behavior. When you find one of these high-percentage opportunities, you want to execute your plan quickly. There - [Forex for Dummies: Concluding Remarks](https://forextraders.com/forex-education/forex-for-dummies/conclusion/) - Trading results like these fall into the high end of the spectrum, the reason for being patient. It is always important to remember, as well, that previous market results are never a guarantee of future outcomes. Markets are always changing. If they always moved as expected, there would be many more wealthy traders in our - [Lesson #2 - Initial Set-Up Preparation](https://forextraders.com/forex-education/forex-for-dummies/lesson-two/) - It is now time to set up your trading platform for analysis and execution of forex orders. The screen shot below is for the popular MetaTrader4 trading system, offered as standard by most all forex brokers. Let's review the following diagram: The MT4 charting software, or any other proprietary model for that matter, will resemble - [The Bullish Three Inside Up Candlestick Chart Pattern](https://forextraders.com/forex-education/forex-technical-analysis/the-bullish-three-inside-up-candlestick-chart-pattern/) - Candlestick chart patterns typically consist of from one to several Candlesticks and have specific meanings depending on the way they come together. The Bullish Three Inside Up and the Bearish Three Inside Down Candlestick chart patterns make up two of the basic three candlestick chart patterns used by forex traders in their technical analysis. Bullish - [William O'Neil](https://forextraders.com/forex-education/famous-traders/william-o-neil/) - William O'Neil has been the authoritative voice of investors and stockbrokers all across the United States ever since he formed William O'Neil & Company in 1963; today the company works exclusively with institutional investors. The founder of Investor’s Business Daily and the inventor of the CAN SLIM investment stratagem - which limits losses to a - [Price Charting Technical Analysis Literature](https://forextraders.com/forex-education/forex-technical-analysis/price-charting-technical-analysis-literature/) - Many forex traders new to the market find themselves intrigued by the more sophisticated ways of interpreting price charts used in advanced technical analysis. Furthermore, although most forex traders probably already understand how high low open close or HLOC bar charts are generated, a number of important books have been written on the subject of - [The Bearish Kicking Candlestick Chart Pattern](https://forextraders.com/forex-education/forex-technical-analysis/the-bearish-kicking-candlestick-chart-pattern/) - The accurate interpretation of Candlestick chart patterns can clearly indicate possible forex market reversals to forex traders skilled in using them. This ancient and well established form of technical analysis can provide the trader with a greater chance of entering into high probability directional positions when trading the forex market. Candlestick chart patterns range from - [Jack Schwager](https://forextraders.com/forex-education/famous-traders/jack-schwager/) - Jack D. Schwager first entered the market in 1971. Since then, he has become a highly respected director of futures research and also a well known profiler of investment greats - many of whom he met while trading for Commodities Corporation. As a profiler, he has penned a number of successful books, such as "Market - [Jesse Livermore](https://forextraders.com/forex-education/famous-traders/jesse-livermore/) - Jesse Lauriston Livermore was an active trader during the famous stock market crashes of 1907 and 1929. He amassed a personal fortune totaling more than $100 million in 1929, and just a few short years later lost it all. In the course of his career he lost millions of dollars just as quickly as he - [Alexander Elder](https://forextraders.com/forex-education/famous-traders/alexander-elder/) - Alexander Elder, M.D. is a native Russian who defected to the United States at the tender age of 23. He has since worked as a New York City psychiatrist, Columbia University professor, and expert stock trader. Drawing heavily on his psychiatry background, Dr. Elder was so successful that he is the author of a number - [The Bearish Dark Cloud Cover Candlestick Chart Pattern](https://forextraders.com/forex-education/forex-technical-analysis/the-bearish-dark-cloud-cover-candlestick-chart-pattern/) - A number of Candlestick chart patterns consist of two individual Candlesticks that result in specific interpretations that depend on how they arise. The Bearish Dark Cloud Cover candlestick pattern is one such two candlestick pattern that forms a bearish reversal signal. This pattern is the mirror opposite of the Bullish Piercing Line Candlestick reversal chart - [Martin Schwartz](https://forextraders.com/forex-education/famous-traders/martin-schwartz/) - Martin S. Schwartz, known in the stock trade as Buzzy, is a formidable day trader who serves as example to virtually all aspiring stock traders. His first year as an independent stock trader netted him $600,000; he doubled this figure in the following year. Schwartz is quoted as revealing that he used to make about - [Larry Hite](https://forextraders.com/forex-education/famous-traders/larry-hite/) - Lawrence D. Hite is a trailblazing investor who actively shaped the upcoming landscape of system trading as early as the 1980s. During his tenure with Mint Investment Management Company, he helped propel the commodity trading advisor to become the very first business in its discipline to report in excess of $1 billion in assets. In - [Liquidity Preference Theory](https://forextraders.com/forex-education/forex-fundamental-analysis/liquidity-preference-theory/) - This is the third part of our article series on interest rate theories. Read the first part about forex and the yield curve here. In the previous chapter, we noted that the pure expectations theory (PET) cannot explain why short-term yields are typically lower than longer-term yields most of the time. Since PET assumes rates - [Back Testing Considerations: Primary Considerations When Back Testing a Trading System](https://forextraders.com/forex-education/automated-forex-trading/back-testing-considerations-primary-considerations-when-back-testing-a-trading-system/) - Many forex traders, whether knowingly or not, tend to incorporate a belief that "History repeats itself" into their forex trading systems. Market observers and technical analysts have often found that the overall predictability of human behavior when acting in large groups tends to make this assumption reasonably sound in practice. Furthermore, perhaps as a result - [The Best Forex Brokers for Scalping](https://forextraders.com/forex-education/forex-strategy/forex-scalping/best-forex-brokers-for-scalping/) - This article is part of our guide on how to use scalping techniques to trade forex. If you haven't already we recommend you read the first part of our series on forex scalping. As important as basic concepts like leverage and spreads are for forex scalpers, they are still secondary subjects in comparison to issues - [Advantages of Having a Forex Trading Journal](https://forextraders.com/forex-education/forex-trading-plan/advantages-of-having-a-forex-trading-journal/) - Trading in the forex market generally affects people in different ways and on different levels. Keeping a trading journal can provide you with some very useful feedback about yourself and why a journal can offer some major advantages to your trading process. In essence, keeping a record of how you feel when making a trade, - [Rollover Fees](https://forextraders.com/forex-education/forex-strategy/rollover-fees/) - When keeping positions overnight while trading forex, you will inevitably come across the fee charged by your broker to perform rollovers. Basically, for individual trading forex via retail forex brokers, a rollover fee in the forex market consists of the amount that the broker will charge or pay for you to hold a trading position - [Forex Carry Trade Strategies](https://forextraders.com/forex-education/forex-strategy/forex-carry-trade-strategies/) - In general, the forex trading strategy known as the "Carry Trade" refers to an increasingly widespread forex trading strategy that is usually implemented over longer term time frames and involves taking advantage of the interest rate differential prevailing between two currencies. Furthermore, using such an interest rate strategy in your forex trading will make the - [Lesson #4 - Execution of Your Plan](https://forextraders.com/forex-education/forex-for-dummies/lesson-four/) - Your assignment now is to convert the above scenario into a step-by-step trading plan that details each decision that you would have had to make. It is best that you do this on your own in order to feel comfortable with the result. You will then want to practice on a free demo system to - [Forex Candlestick Charts](https://forextraders.com/forex-education/forex-strategy/forex-candlestick-charts/) - Japanese candlestick charts have provided traders with a unique insight into the future direction of markets since their invention by a Japanese trader in the mid 1700s. Candlestick charts - unlike conventional open, high, low, and close or OHLC charts - convey all of the same information, in addition to whether the instrument was up - [Learn to Trade Forex Confidently for Success](https://forextraders.com/forex-education/forex-trading-psychology/learn-to-trade-forex-confidently-for-success/) - Most people who approach the forex market as traders want to be a success in terms of making money from the endeavor. This tends to be the primary motivating factor behind people's decision to become forex traders. It can really help motivate traders to get clear about the goals that they wish to achieve from - [How Professional Strategic Forex Traders Operate](https://forextraders.com/forex-education/forex-strategy/how-professional-strategic-forex-traders-operate/) - Those who have arrived at the enviable position of being a professional strategic forex trader for a major international bank or hedge fund tend to focus on taking advantage of longer term moves in the forex market. Such strategic traders, who often form part of the management of a currency trading operation, can also take - [Taking Out Stops in the Forex Market](https://forextraders.com/forex-education/forex-strategy/taking-out-stops-in-the-forex-market/) - Many traders new to the forex market tend to think that because the market is so huge - with trillions of dollars traded per day - that it cannot be easily manipulated. Nevertheless, as any professional currency trader will tell you, the big forex market makers and brokers have a variety of tricks up their - [Common Myths About Forex Trading](https://forextraders.com/forex-education/forex-strategy/common-myths-about-forex-trading/) - The forex trading market makes up the largest global marketplace and trades round the clock from Sunday night to Friday afternoon, trading somewhere on the order of trillions of dollars every day. Furthermore, today's modern technology has made forex trading considerably easier for the professional trader, while also giving novice and less well-funded individual forex - [Stanley Druckenmiller](https://forextraders.com/forex-education/famous-traders/stanley-druckenmiller/) - In 1975, Stanley Druckenmiller graduated from Bowdoin College where he studied English and Economics, with the desire to eventually to become a professor of those subjects. He began to work on a Ph.D. at the University of Michigan, but left the program to work at Pittsburgh National Bank as a stock analyst in 1977. After - [Economic News That Affects Currencies](https://forextraders.com/forex-education/forex-fundamental-analysis/economic-news-that-affects-currencies/) - One of the most important types of information available to a forex trader comes in the form of economic news or data releases. Such key news items concerning the economic health of a country will have a tendency to directly affect the value of that nation's currency relative to the currencies of other nations. As - [Key Tips for Forex Trading Success](https://forextraders.com/forex-education/forex-strategy/key-tips-for-forex-trading-success/) - Anyone can get lucky trading forex a couple of times, since exchange rates can fluctuate up and down with roughly equal probability. Nevertheless, forex trading needs to be approached in a highly-disciplined manner in order to achieve optimum results over the long term in terms of consistent profitability earned by taking acceptable risks. Furthermore, many ## Technical Analysis - [USDCAD Bull Trend Neutralised; USDJPY Indecisive](https://forextraders.com/technical-analysis/usdcad-bull-trend-neutralised-usdjpy-indecisive/) - Back on 7th January when we last reviewed USDCAD and USDJPY we questioned the USDCAD intermediate-term bullish trend bull trend and for USDJPY highlighted a threat to shift the intermediate-term bearish outlook to neutral. A more aggressive selloff for the USDCAD Forex rate into mid-January, as we had flagged, was assisted by a rebound in - [WEEKLY FOREX TRADING TIPS – 2023.09.25](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-09-25/) - FOCUS ON: Quiet Newsweek Brings Key Technical Indicators into Play Central bank interest rate decisions dampen market mood Week ahead is quiet in terms of news flow Key technical levels look set to guide price Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our technical - [WEEKLY FOREX TRADING TIPS – 2023.09.18](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-09-18/) - FOCUS ON: Central Bank Interest Rate Decisions US Fed, Bank of England, and Bank of Japan to update on interest rate policy Inflation news out of the US last week triggered a selloff in risk-on assets Prices in many markets now at key support/resistance levels Trading Ideas We created this Weekly Tips section to share - [WEEKLY FOREX TRADING TIPS – 2023.09.11](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-09-11/) - FOCUS ON: Key News Announcements Could Trigger Formation of New Price Trends Markets continue to have the potential to move in either direction. Inflation news out of the US on Wednesday could act as a catalyst for new trends to form. The ECB interest rate decision due on Thursday will also impact investor sentiment. Trading - [WEEKLY FOREX TRADING TIPS – 2023.09.04](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-09-04/) - FOCUS ON: Risk Appetite Returns and Takes Prices to Key Support/Resistance Levels US holiday sets tone for a quieter week in terms of news announcements An absence of news leaves room for technical indicators to guide price Increased risk appetite seen at the end of last week takes markets to key price support/resistance levels Trading - [WEEKLY FOREX TRADING TIPS – 2023.08.29](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-08-29/) - FOCUS ON: Markets Brace for Collection of Big News Announcements After an 'unchanged' week in terms of prices, traders prepare for batch of important news announcements US Non-Farm Payroll jobs data due on Friday Inflation and sentiment reports to be released throughout the week Trading Ideas We created this Weekly Tips section to share possible - [WEEKLY FOREX TRADING TIPS – 2023.08.21](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-08-21/) - FOCUS ON: Jackson Hole Symposium and Risk Appetite Central Banker’s Jackson Hole Symposium starts Thursday Decisions makers convene at a time when markets begin to look bearish Updates from leaders likely to trigger further moves Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our technical - [WEEKLY FOREX TRADING TIPS – 2023.08.14](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-08-14/) - FOCUS ON: Busy Week for Data on the Underlying Health of the Economy Inflation and sentiment reports due out Minutes of the US Federal Reserve’s last meeting to be released Key technical support/resistance levels coming into play Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on - [WEEKLY FOREX TRADING TIPS – 2023.08.07](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-08-07/) - FOCUS ON: Technical Patterns Realign After Busy News Weeks News flow quietens down this week. Earnings season also begins to slow down. Technical analysis indicators set to play a large role in determining price movements. Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our technical - [WEEKLY FOREX TRADING TIPS – 2023.07.31](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-07-31/) - FOCUS ON: Jobs Data Set to Cap Off a Busy Week US Non-Farm Payrolls jobs report due on Friday Tech giants update investors on recent earnings Euro GDP data is also likely to trigger increases in price volatility Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based - [WEEKLY FOREX TRADING TIPS – 2023.07.24](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-07-24/) - FOCUS ON: Markets Braced for Busy News Week US earnings season is set to trigger price moves as tech giants update investors. US and Eurozone central banks are to set new interest rate levels. Other key inflation and sentiment reports are also to be released. Trading Ideas We created this Weekly Tips section to share - [WEEKLY FOREX TRADING TIPS – 2023.07.17](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-07-17/) - FOCUS ON: Earnings Season Kicks Off Increased appetite for risk assets triggered by low US inflation numbers Earnings season opens in the US with banks and Tesla reporting to investors UK CPI inflation report due Wednesday Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our - [WEEKLY FOREX TRADING TIPS – 2023.07.10](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-07-10/) - FOCUS ON: Macroeconomic Themes Create Uncertainty Non-Farm Payroll data brings uncertainty to financial markets US-China talks and upcoming inflation data add to macroeconomic tensions Forex and stock markets poised at key support levels Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We - [WEEKLY FOREX TRADING TIPS – 2023.07.03](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-07-03/) - FOCUS ON: Non-Farm Payrolls Jobs Report US Jobs numbers due out Friday Trading week curtailed by US 4th of July holiday Markets could continue in current patterns before US jobs numbers offer insight into health of world's most important economy Trading Ideas We created this Weekly Tips section to share possible trade entry and exit - [WEEKLY FOREX TRADING TIPS – 2023.06.26](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-06-26/) - FOCUS ON: Fed Guidance Looks Most Likely Trigger of a Breakout as Markets Trade Sideways Range trading could be the theme of the week. Prices in various asset groups are consolidating after a multi-month burst of increased risk appetite. Crypto assets are rallying on the belief that US regulators may take a more accommodating view - [WEEKLY FOREX TRADING TIPS – 2023.06.19](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-06-19/) - FOCUS ON: UK and Eurozone Currency Pairs Bank of England sets interest rates on Thursday Consumer sentiment and inflation reports in UK and the Eurozone throughout the week How will risk appetite be influenced by the next round of data releases? Trading Ideas We created this Weekly Tips section to share possible trade entry and - [WEEKLY FOREX TRADING TIPS – 2023.06.12](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-06-12/) - FOCUS ON: Trading Opportunities in a Busy News Week Three major central banks, the Fed, ECB and BoJ, will update on interest rate policy this week. There is uncertainty about whether the US Federal Reserve will raise rates again. The US CPI inflation report due on Tuesday could throw up surprises. Trading Ideas We created - [WEEKLY FOREX TRADING TIPS – 2023.06.05](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-06-05/) - FOCUS ON: Build-up to ECB and Fed Rate Decisions Australian and Canadian central banks update markets on interest rate decisions this week. Move to ‘risk-on’ assets looks priced in. Consolidation possible in build-up to ECB and Fed rate decisions next week. Trading Ideas We created this Weekly Tips section to share possible trade entry and - [WEEKLY FOREX TRADING TIPS – 2023.05.29](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-05-29/) - FOCUS ON: Debt Ceiling Talks and US Non-Farm Payrolls Progress made on US debt-ceiling talks triggers rally in stocks and USD There is still room for events at the Capitol to influence asset prices US Non-Farm Payroll jobs number due on Friday Trading Ideas We created this Weekly Tips section to share possible trade entry - [WEEKLY FOREX TRADING TIPS – 2023.05.22](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-05-22/) - FOCUS ON: Debt Ceiling Talks Approaching 1st June Deadline US dollar and stocks strengthened on the back of positive news from Washington last week US Federal debt ceiling talks are far from complete Price volatility expected to increase as the 1st June deadline for a resolution approaches Trading Ideas We created this Weekly Tips section - [WEEKLY FOREX TRADING TIPS – 2023.05.15](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-05-15/) - FOCUS ON: Debt Ceiling Dictates Market Sentiment Markets respond positively to last week’s huge data dump. But US Federal debt ceiling casts a shadow over the markets. Price volatility could increase significantly as updates leak out of Washington. Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based - [WEEKLY FOREX TRADING TIPS – 2023.05.08](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-05-08/) - FOCUS ON: Markets Pause Ahead of US Inflation Numbers Low trading volumes as markets pause for breath US CPI inflation report to be released on Wednesday Price volatility levels expected to pick up ahead of the Bank of England interest rate decision on Thursday Trading Ideas We created this Weekly Tips section to share possible - [WEEKLY FOREX TRADING TIPS – 2023.05.01](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-05-01/) - FOCUS ON: Price Consolidation Ahead of Bumper Round of News Announcements Medium-term bullish patterns remain intact despite short-term price consolidation. ECB and US Fed set to announce interest rates. US employment data to be released Friday. Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our - [WEEKLY FOREX TRADING TIPS – 2023.04.24](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-04-24/) - FOCUS ON: Markets Brace for a Busy Week Sideways trading patterns are forming as key data points appear on the horizon Risk-on assets need a catalyst to support another move up from March lows. US GDP and hugely important earnings figures will be released this week. Trading Ideas We created this Weekly Tips section to - [WEEKLY FOREX TRADING TIPS – 2023.04.17](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-04-17/) - FOCUS ON: Risk-on sentiment remains strong, but inflation reports are still the key data points to watch. Modest weekly gains leave technical indicators relating to risk-on assets in ‘Strong Buy’ territory. Employment, GDP, and sentiment reports due this week could throw up further trading opportunities. Signs that inflation is cooling and that central banks could - [WEEKLY FOREX TRADING TIPS – 2023.04.10](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-04-10/) - FOCUS ON: US Inflation Report and Start of Earnings Season Due as Market Sentiment Turns Bullish Risk appetite returns to markets, with forex, stock, commodity, and crypto indicators shifting to ‘Strong Buy’. US CPI inflation numbers and the first batch of earnings season numbers are due to be released. Price volatility levels can be expected - [WEEKLY FOREX TRADING TIPS – 2023.04.03](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-04-03/) - FOCUS ON: Big Week in Terms of Economic Data Releases Central bank interest rate decisions and US (NFP) job numbers mark a busy week in terms of data releases. This comes after major US stock indices posted a second successive positive quarterly performance. Talk of a new bull market forming leaves investors shaken by 2022’s - [WEEKLY FOREX TRADING TIPS – 2023.03.27](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-03-27/) - FOCUS ON: Banking Sector Aftershocks Collapse of SVB and Credit Suisse has brought the banking sector back into the spotlight. In a week with few major announcements, news flow from the finance sector can be expected to drive price volatility. Forex markets poised with some currencies forming consolidatory price patterns in preparation for their next - [WEEKLY FOREX TRADING TIPS – 2023.03.20](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-03-20/) - FOCUS ON: All Eyes on US Interest Rate Decision Markets brace for interest rate announcement from US Federal Reserve Jerome Powell’s decision on US rates follows a turbulent week in the markets Analyst forecasts vary widely as hawkish policy exposes cracks in the underlying economy Trading Ideas We created this Weekly Tips section to share - [WEEKLY FOREX TRADING TIPS – 2023.03.13](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-03-13/) - FOCUS ON: US Inflation Reports and ECB Decision Collapse of Silicon Valley Bank and hawkish Fed stance triggers uptick in price volatility US Non-Farm Payroll report offers mixed messages Traders of euro assets prepare for ECB announcement on Thursday Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points - [WEEKLY FOREX TRADING TIPS – 2023.03.06](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-03-06/) - FOCUS ON: US Jobs Numbers Risk-on assets bounce off key support levels. Price levels are now testing indicators which once provided support but now offer resistance. US Non-Farm Payrolls jobs number is due on Friday. Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our technical - [WEEKLY FOREX TRADING TIPS – 2023.02.27](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-02-27/) - FOCUS ON: Range-Bound Price Action Markets respond to the likelihood of interest rates remaining higher for longer. Dollar finds strength on the back of comments made by the US Federal Reserve. Busy week in terms of Eurozone data releases makes it a big week for euro currency pairs. Trading Ideas We created this Weekly Tips - [WEEKLY FOREX TRADING TIPS – 2023.02.20](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-02-20/) - FOCUS ON: Continued Price Consolidation A wide range of medium-level economic data will be released this week. Price consolidation patterns could continue to be the dominant theme for most markets. The US holiday on Monday also points towards markets waiting to make their next significant move. Trading Ideas Based on our technical analysis, we created - [WEEKLY FOREX TRADING TIPS – 2023.02.13](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-02-13/) - FOCUS ON: US & UK Inflation Reports UK and US CPI inflation data due to be released With price rises still guiding interest rate policy Tuesday’s and Wednesday’s numbers are keenly awaited Comes on the back of a week of whip-sawing prices Trading Ideas We created this Weekly Tips section to share possible trade entry - [WEEKLY FOREX TRADING TIPS – 2023.02.06](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-02-06/) - FOCUS ON: Markets Pivot on Back of US Job Numbers Report Dollar strength follows US Non-Farm Payrolls employment report US job numbers greatly exceed analyst expectations Further US interest rate rises could be on the way Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our - [WEEKLY FOREX TRADING TIPS – 2023.01.30](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-01-30/) - FOCUS ON: Huge Week in Terms of News Releases Leaves Markets Primed for a Big Move Huge week in terms of economic data Divergence in sentiment between equity and forex assets Stocks showing strength and forex pairs trading sideways Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points - [WEEKLY FOREX TRADING TIPS – 2023.01.23](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-01-23/) - FOCUS ON: Continuation of Risk-on Trend Takes Prices Within Touching Distance of Key Resistance Levels Further gains for EURUSD and GBPUSD Major markets approaching critical price levels Crypto rally reflects change in market sentiment Trading Ideas We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. - [WEEKLY FOREX TRADING TIPS – 2023.01.17](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-01-17/) - FOCUS ON: Bullish Sentiment Takes Asset Prices to Key Resistance Levels Weeklong surge in investor appetite stalls for US holiday Bank of Japan rate decision and UK inflation data to be released this week Assets approaching key technical resistance levels Trading Ideas We created this Weekly Tips section to share possible trade entry and exit - [WEEKLY FOREX TRADING TIPS – 2023.01.09](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-01-09/) - FOCUS ON: US Jobs Data Triggers Increased Appetite for Risk-on Assets US dollar slides following the release of Non-Farm Payroll numbers EUR and GBP rise to test key resistance levels All eyes are on the US CPI inflation data due to be released on Thursday 12th January UTC: 9:42 Our trading signal analysis is based - [WEEKLY FOREX TRADING TIPS – 2023.01.02](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2023-01-02/) - FOCUS ON: Divergence Points to Interesting Start of 2023 Divergence in risk appetite in forex and stock markets GBPUSD and EURUSD hold firm while stocks weaken during the final sessions of 2022 Realignment requires sterling and euro to weaken or stocks to rally The holiday season has, as expected, been associated with lower trade volumes - [WEEKLY FOREX TRADING TIPS – 2022.12.22](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-12-22/) - FOCUS ON: Markets Poised as They Approach Year End News flow is drying up in the run into the end of the year With prices poised to tilt either way, traders need to remain vigilant Bank of Japan looks most likely to cause a surprise After a week of dramatic interest rate rises by major - [WEEKLY FOREX TRADING TIPS – 2022.12.12](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-12-12/) - FOCUS ON: Markets Brace For Central Bank News Overload US Fed, ECB, and Bank of England announce new interest rate levels this week Monetary policy set to dominate financial markets in data super-dump US CPI inflation and UK unemployment reports add extra significance Traders might be looking forward to quiet Christmas markets and a chance - [WEEKLY FOREX TRADING TIPS – 2022.12.05](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-12-05/) - FOCUS ON: US Jobs Data Takes Heat Out of Stocks, But Risk-on Forex Pairs Continue Upward Trend US Non-farm Payroll employment data released on Friday surprised to the upside A rapid reappraisal of Fed interest rate policy led to analysts thinking the hawkish policy might continue for some time Stocks gave up ground at the - [WEEKLY FOREX TRADING TIPS – 2022.11.28](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-11-28/) - FOCUS ON: US Jobs Data Set to Trigger Next Move After a shortened week due to the Thanksgiving holiday, markets look poised to make their next move. US Non-farm Payroll employment data due on Friday appears to be the most likely catalyst of the next move. Dollar reversal has been followed by a period of - [WEEKLY FOREX TRADING TIPS – 2022.11.21](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-11-21/) - FOCUS ON: Price Consolidation In Shortened Trading Week Markets set to go on hold on Thursday as US celebrates Thanksgiving holiday Fed minutes and PMI data releases represent the most likely catalysts for any surprise price moves Consolidation patterns could continue to be the dominant theme as market liquidity drops off The decision as to - [WEEKLY FOREX TRADING TIPS – 2022.11.14](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-11-14/) - FOCUS ON: Better Than Expected US Inflation Report Triggers Rush Into Risk Year-end rally ignited by US inflation data suggesting the worst could be over Hopes of an economic soft-landing result in a surge of buying activity in risk-on assets The US dollar is the big loser as analysts try to establish if the major - [WEEKLY FOREX TRADING TIPS – 2022.11.07](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-11-07/) - FOCUS ON: All Eyes On US Inflation Report As Traders Look For Signs That Markets Are Bottoming Out US CPI inflation data due on Thursday is the big news event of the week Recent strength in EUR and GBP points to price levels bottoming out With inflation still being the main price driver in markets, - [WEEKLY FOREX TRADING TIPS – 2022.09.26](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-09-26/) - FOCUS ON: Dollar Dominance Confirmed - But What Next As The News Flow Dries Up? The British pound and euro plummet into uncharted waters Stock markets reel from US Fed’s continued hawkish guidance and prioritisation of tackling inflation rather than attending to slowing growth The coming week is quieter in terms of news reports, but - [WEEKLY FOREX TRADING TIPS – 2022.09.12](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-09-12/) - FOCUS ON: Bounce Leaves Markets Mid-Range With Key Inflation Data Due To Be Released A short-term bounce in risk assets marks the end of markets being oversold on a short-term basis A heavy news week awaits traders of GBPUSD EURUSD surged on the back of ECB rate news but now sits below a key resistance - [WEEKLY FOREX TRADING TIPS – 2022.09.05](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-09-05/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also have other - [WEEKLY FOREX TRADING TIPS – 2022.08.30](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-08-30/) - FOCUS ON: Hawkish Comments At Jackson Hole Symposium Trigger Market Sell-Off Risk-off sentiment returns to the markets after Jerome Powell's warnings at Jackson Hole Symposium Dollar strength points to GBPUSD and EURUSD continuing to come under pressure Friday's US Non-Farm Payroll jobs numbers due on Friday are the next big data point to watch out - [WEEKLY FOREX TRADING TIPS – 2022.10.31](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-10-31/) - FOCUS ON: Dollar Tests Long-Term Support To Open Up New Trading Opportunities China's selling pressure forces the US dollar to test long-term technical support levels While further USD strength can't be discounted, the move has brought new trade entry points into play Key forex pairs are now at pivot points Last week, intervention by China's - [WEEKLY FOREX TRADING TIPS – 2022.10.24](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-10-24/) - FOCUS ON: How Will One Of The Busiest News Weeks Of The Year Impact Prices A busy news week sees three central banks update the markets on interest rate levels US earnings season hits full stride with bellwether stocks such as Meta, Amazon, and Apple releasing their Q3 results If there are surprises, will they - [WEEKLY FOREX TRADING TIPS – 2022.10.17](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-10-17/) - FOCUS ON: Earnings Season Set To Move The Agenda On From Inflationary Concerns Last week’s hotter-than-expected US CPI inflation report subdued investor sentiment, but attention is turning to the US Q3 earnings season. The regular updates from big corporations offer insight into the health of the biggest corporations in the world. Expect daily data reports - [WEEKLY FOREX TRADING TIPS – 2022.10.10](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-10-10/) - FOCUS ON: Consolidation Patterns Mark The Start Of Q4 Volatility remains a key feature of the markets, but price action in some key markets has adopted consolidation patterns Key technical price levels are forming, which will indicate if there is to be a reversal of the downward trend or continued weakness US inflation data and - [WEEKLY FOREX TRADING TIPS – 2022.10.03](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-10-03/) - FOCUS ON: A Busy News Week Could Set The Tone For Q4 Trading The final quarter of the trading year kicks off with a batch of key data releases Dollar strength and risk aversion are still the dominant themes, but will there be a turn in sentiment before the end of the year GBP/USD rollercoaster - [WEEKLY FOREX TRADING TIPS – 2022.09.21](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-09-21/) - FOCUS ON: Big News Week as Central Banks Limber Up to Stir the Markets Inflation continues to be the main price driver of forex and stock markets Red-hot CPI data out of the US takes markets lower into the close of the week Three central banks line up to make announcements on interest rate levels - [WEEKLY FOREX TRADING TIPS – 2022.08.22](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-08-22/) - FOCUS ON: Bearish Undertones And Jackson Hole Symposium Risk-off sentiment returns to the markets Fundamental price drivers continue to point to a divergence between GBP, EUR, and USD This week’s Jackson Hole Symposium is looking like an increasingly important guide to the next market move After several weeks of strengthening ‘risk-on’ appetite, the third week - [WEEKLY FOREX TRADING TIPS – 2022.08.15](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-08-15/) - FOCUS ON: US Inflation Data Is A Potential Game-Changer The inflation story dominating the market mood for the first half of the year could be about to take a new twist. Until now, countries worldwide have taken turns to announce double-digit price inflation sweeping through their economies. Trading the move has been based on monitoring - [WEEKLY FOREX TRADING TIPS – 2022.08.08](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-08-08/) - FOCUS ON: US Dollar Reasserts Dominance After Buoyant Jobs Data Released The US Non-Farm Payrolls unemployment data released on Friday has planted a very notable stick in the ground for forex traders. The number of new jobs created (528,000) far exceeded analyst expectations (Bloomberg survey, 325,000), and unemployment ticked down to 3.5% in July compared - [WEEKLY FOREX TRADING TIPS – 2022.08.01](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-08-01/) - UTC: 08:22 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.07.25](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-07-25/) - UTC: 09:02 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [Weekly Forex Trading Tips – 2021.11.22](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211122/) - UTC: 10:05 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips – 2021.11.15](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211115/) - UTC: 08:05 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips – 2021.11.08](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211108/) - UTC: 09:22 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips – 2021.11.01](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211101/) - UTC: 07:18 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips – 2021.10.25](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211025/) - UTC: 09:22 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips – 2021.10.18](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211018/) - UTC: 08:17 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips – 2021.10.11](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211011/) - UTC: 08:23 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The - [Weekly Forex Trading Tips – 2021.10.04](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211004/) - UTC: 08:23 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The - [Weekly Forex Trading Tips – 2021.09.27](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210927/) - UTC: 09:23 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The - [Weekly Forex Trading Tips – 2021.09.20](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210920/) - UTC: 09:23 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.09.13](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210913/) - UTC 09:03 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.09.06](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210906/) - UTC 10:03 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.08.30](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210830/) - UTC 10:15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.08.23](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210823/) - UTC 9:14 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.08.16](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210816/) - UTC 8:14 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips - 2021.08.09](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210809/) - UTC 8:24 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips - 2021.08.02](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210802/) - UTC 10:04 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips - 2021.07.26](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210726/) - UTC 10:34 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Forex Trading Tips - 2021.07.19](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210719/) - UTC 09:34 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.07.12](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210712/) - UTC 08:35 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.07.05](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210705/) - UTC 09:26 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.06.28](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210628/) - UTC 07:21 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips - 2021.06.21](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210621/) - UTC 08:01 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Weekly Forex Trading Tips- 2021.06.14](https://forextraders.com/technical-analysis/weekly-technical-matrix-20210614/) - UTC 08:12 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [WEEKLY FOREX TRADING TIPS – 2022.06.27](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-06-27/) - UTC 09:28 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.06.20](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-06-20/) - UTC 08:56 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.06.13](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-06-13/) - UTC 09:36 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.06.06](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-06-06/) - UTC 09:12 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.05.30](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-05-30/) - UTC 09:12 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.05.23](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-05-23/) - UTC 08:05 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.05.16](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-05-16/) - UTC 08:05 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.05.09](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-05-09/) - UTC 08:05 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.05.03](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-05-03/) - UTC 08:05 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.04.25](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-04-25/) - UTC 08:34 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.04.18](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-04-18/) - UTC 09:12 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.04.11](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-04-11/) - UTC 09:10 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.04.04](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-04-04/) - UTC 09:10 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.03.28](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-03-28/) - UTC 09:45 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.03.21](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-03-21/) - UTC 08:14 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.03.14](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-03-14/) - UTC 09:01 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We have - [WEEKLY FOREX TRADING TIPS – 2022.03.07](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-03-07/) - UTC 09:52 FOCUS ON: Is The Market Oversold And How To Buy into Short-term Retracement Rallies Welcome to extreme market volatility. Cryptos may be associated with dramatic price swings, but over the last week, the change in the price of Bitcoin (-1.09%) has been outstripped by traditionally more conservative markets such as the FTSE 100 - [WEEKLY FOREX TRADING TIPS – 2022.02.28](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-02-28/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2022.02.21](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-02-21/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2022.02.14](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-02-14/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2022.02.07](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-02-07/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2022.01.31](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-01-31/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2022.01.24](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-01-24/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2022.01.17](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-01-17/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section so that we can share possible trade entry and exit points based on technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.01.10](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-01-10/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2022.01.04](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-01-04/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2021.12.29](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2021-12-29/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [WEEKLY FOREX TRADING TIPS – 2021.12.20](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2021-12-20/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section so that we can share possible trade entry and exit points based on technical analysis. In addition, - [Weekly Forex Trading Tips – 2021.12.13](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2021-12-13/) - Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also have other methods - [Monday's Technical Matrix 7th June 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-7th-june-2021/) - UTC 08:22 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Monday's Technical Matrix 31st May 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-31st-may-2021/) - UTC:08:45 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 24th May 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-24th-may-2021/) - UTC:08:45 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [WEEKLY FOREX TRADING TIPS – 2022.07.11](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-07-11/) - UTC 08:06 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [USDCAD Stays Bullish, USDJPY Caught in an Intermediate-Term Range](https://forextraders.com/technical-analysis/usdcad-stays-bullish-but-usdjpy-is-caught-in-an-intermediate-term-range/) - In our 12th November look here at USDCAD and USDJPY we highlighted upside threats for both forex rates. The ensuing USDCAD surge higher has reinforced the previous push above a key resistance at 1.3228, sustaining the intermediate-term bullish theme. This has been helped by ongoing weakness in the Oil price, with the Canadian Dollar directly - [USDCAD Stays Bearish as USDJPY Threat Shifts Back to the Downside](https://forextraders.com/technical-analysis/usdcad-stays-bearish-as-usdjpy-threat-shifts-back-to-the-downside-67373/) - The US$ has attempted to rebound in February against some of the major global currencies (versus the Euro for example) and ease the negative themes evident in January. However, USDCAD remains particulate negative after the January breakdown through 1.2996 indicated a bearish intermediate-term shift and an inability to sustain any decent bounce in February. While USDJPY - [USDCAD Shifts Bullish, Whilst USDJPY Maintains a Bearish Tone](https://forextraders.com/technical-analysis/usdcad-shifts-bullish-whilst-usdjpy-maintains-bearish-tone/) - The US Dollar bullish tone has been resurrected against most major currencies in late February, driven by a renewed perception of a more hawkish Fed (after Chairman Powell’s recent testimony) which has pushed yields higher, alongside a renewal of equity market weakness. USDCAD has pushed above a key resistance at 1.2728 which has seen the - [US Dollar Strengthening Against the GB Pound and Canadian Dollar](https://forextraders.com/technical-analysis/us-dollar-strengthening-against-the-gb-pound-and-canadian-dollar-72099/) - Of the major global currencies, the British Pound and Canadian Dollar have displayed a more resilient tone against the US currency since the US Presidential election result. Most G10 currencies have suffered significant losses against the US Dollar throughout Q4 2016, and particularly since the early November Presidential election outcome. However, both GBPUSD and USDCAD - [US Dollar Remains Weak Versus Yen and Australian Dollar](https://forextraders.com/technical-analysis/us-dollar-remains-weak-versus-yen-and-australian-dollar-29904/) - US Dollar remains weak versus Yen and Australian Dollar The US currency has retained a negative tone since late July with significant erosion across G10 currencies, but particularly against the broadly strengthening Japanese Yen. The USDJPY plunge has shifted the intermediate-term outlook from bullish back to neutral, with growing threat for a more bearish shift - [The Greenback Mixed in Europe: EURUSD Stays Bearish, GBPUSD Firm](https://forextraders.com/technical-analysis/the-greenback-mixed-in-europe-eurusd-stays-bearish-gbpusd-firm-61830/) - The US Dollar has stayed strong across the major G7 currencies over the past 2-3 weeks, with EURUSD losses from mid-May seeing a weaker tone for the Euro versus the Greenback since the break below 1.1142 (as we have highlighted here previously)! Conversely and despite uncertainty around the "Brexit" vote,, Cable (GBPUSD), continues to defend - [NZDUSD Poised into Key Chinese Purchasing Managers Data](https://forextraders.com/technical-analysis/nzdusd-poised-into-key-chinese-purchasing-managers-data-25236/) - On Thursday 23rd April (at 2.45 a.m. UK time) the market sees the release of the HSBC Flash China Manufacturing PMI. Of the Major currencies, this will likely have a notable impact on both the New Zealand and Australian Dollars (being significant trading partners with the Chinese). With the NZDUSD in a bullish phase, but - [NZDUSD Bull Theme Intact and AUDUSD Threat of a More Bullish Shift](https://forextraders.com/technical-analysis/nzdusd-bull-theme-intact-and-audusd-threat-of-a-more-bullish-shift-43576/) - Although we see risk of a corrective consolidation lower for both the New Zealand and Australian Dollars, we still see an underlying positive tone for these currencies versus the US Dollar into October. For NZDUSD, the strong base has been reinforced through mid-month to signal upside risks, whilst for AUDUSD we see a positive bias - [NZDUSD and AUDUSD See Shifts from Negative to More Positive](https://forextraders.com/technical-analysis/nzdusd-and-audusd-see-shifts-from-negative-to-more-positive-37064/) - The New Zealand and Australian Dollars have produced more positive shifts over the past week since early June, which has seen a change in direction bias into mid-June for both NZDUSD and AUDUSD. NZDUSD had previously been pointing to a bearish resolution to the current range theme, but the risk has now shifted for a - [GBPUSD Upside and EURUSD Downside Within Range Environments](https://forextraders.com/technical-analysis/gbpusd-upside-and-eurusd-downside-within-range-environments-48324/) - GBPUSD Upside and EURUSD Downside Within Range Environments Differing outlooks for the GB Pound and the Euro against the US Dollar over the past 1-2 weeks, reinforced by price action seen Friday after the US Employment report. GBPUSD now indicates a bullish tone within a range environment, whilst EURUSD maintains a negative consolidation bias within - [GBPUSD Stays Bearish into Bank of England; EURUSD Negative Too](https://forextraders.com/technical-analysis/gbpusd-stays-bearish-into-bank-of-england-eurusd-negative-too/) - The US Dollar remains bullish, continuing to strengthen against major G10 and Emerging Markets currencies into early may, a trend evident since mid-April, with a continuing perception of rising inflationary pressures, higher US Treasury yields and a more hawkish Federal Reserve. GBPUSD has sold off not just due to the aforementioned US$ strength, BUT also - [GBPUSD Resilient Consolidation into Manufacturing PMI Data](https://forextraders.com/technical-analysis/gbpusd-resilient-consolidation-into-manufacturing-pmi-data-47508/) - On Friday 1st May at 9.30 am BST (GMT+1) local time the Manufacturing PMI Data for the UK is released. Although we see a digestion theme for Friday, this could give impetus for either a further corrective setback or a re-energized bull trend. GBPUSD Bull Theme Intact, But Digestion Bias The push this week through 1.5371, - [GBP Surge with More Hawkish Bank of England; FTSE 100 plunges](https://forextraders.com/technical-analysis/gbp-surge-hawkish-bank-england-ftse-100-plunges/) - The GB Pound surged after the Thursday 14 September Bank of England meeting, with perception of a more hawkish tone pushing GBPUSD to its highest level post-Brexit. With GBPUSD already in a bull trend, this more recent activity points for a move potentially towards 1.40 into September/October. Furthermore, the strength in the GB Pound has - [EURUSD Intermediate-Term Bullish Shift with GBPUSD Poised for Similar](https://forextraders.com/technical-analysis/eurusd-intermediate-term-bullish-shift-with-gbpusd-poised-for-similar/) - A weakening of the US Dollar has been a theme across Forex markets in early 2019. This has mainly been driven by a more dovish tone from Federal Reserve members since latter 2018, and in particular from the FOMC Chair, Jerome Powell into early January, reinforced Wednesday by the most recent FOMC Minutes. The weakened - [EURUSD Bear Threat to Parity (1.0000) After Italian Referendum](https://forextraders.com/technical-analysis/eurusd-bear-threat-to-parity-1-0000-after-italian-referendum-46173/) - A lacklustre Euro rebound versus the US dollar since late November has simply been pause in the underlying bearish theme. Recovery activity has been capped below 1.0700, whilst the renewal bearish pressures already on Monday fifth December in the wake of the Italian constitutional vote leave the risk for further negative price action for EURUSD - [European Currencies Suffer Far More Bearish Shifts versus USD](https://forextraders.com/technical-analysis/european-currencies-suffer-far-more-bearish-shifts-versus-usd-56818/) - Both the Euro and Great British Pound suffered significant losses and breaches of important technical support in early November. This now sets an even more bearish outlook for both EURUSD and GBPUSD than was already evident for this month. EURUSD A plunge lower Friday through key 1.0807 after the prior push through 1.0896 and notable 1.0846 support, to leave the risk - [Euro Shifts Positive, Whilst GB Pound Stays Bearish (vs. USD)](https://forextraders.com/technical-analysis/euro-shifts-positive-whilst-gb-pound-stays-bearish-vs-usd-90563/) - A strong rebound effort for EURUSD on Friday has signalled a shift from an intermediate-term bearish theme (evident since the UK Referendum on the EU, Brexit), to a broader range theme, but with a positive tone for early August. However, GBPUSD has remained contained below resistance levels, which leaves a still bearish outlook for Cable - [AUDUSD Retains Underlying Bull Theme, but NZDUSD Looks Weak](https://forextraders.com/technical-analysis/audusd-retains-underlying-bull-theme-nzdusd-looks-weak/) - The US Dollar recovery strength has begun to emerge in early September against major G10 currencies. However, AUDUSD has retained an underlying bullish theme and aims for further gains into the month. NZDUSD, however, retains the negative tone set up after the August push below a key support at .7198. AUDUSD - Downside correction - [AUDUSD and NZDUSD Still Bullish, Despite Late January Pause](https://forextraders.com/technical-analysis/audusd-nzdusd-still-bullish-despite-late-january-pause/) - Although the US Dollar has seen some modest corrective recovery activity into the end of January, we expected this to be short-lived. We see the broader US$ weakness that has dominated since around the last Fed rate hike in December 2017, extending into at least the first half of February. The AUDUSD currency rate probed - [AUDUSD Bull Trend Neutralised; NZDUSD Bull Trend Also at Risk](https://forextraders.com/technical-analysis/audusd-bull-trend-neutralised-nzdusd-bull-trend-also-at-risk-87843/) - AUDUSD Bull Trend Neutralised; NZDUSD Bull Trend Also at Risk The AUDUSD and NZDUSD spot rates have suffered significant erosion (losses) in early September, with the break lower by AUDUSD having a particularly negative impact. AUDUSD losses through .7484 support signalled an intermediate-term trend reversal and neutralized the bull tone that was previously evident, leaving - [AUDUSD Bull Trend Neutralised; NZDUSD Bull Pressures Eased](https://forextraders.com/technical-analysis/audusd-bull-trend-neutralised-nzdusd-bull-pressures-eased/) - In our last look at AUDUSD and NZDUSD on 29th November we highlighted the ongoing intermediate-term bullish outlooks for the Australian Dollar and the New Zealand Dollar versus the US Dollar in the wake a more dovish tone by Jerome Powell, the Fed Chairman. However, a broader shift to a "risk off" scenario across global asset - [AUDUSD Bearish Shift; NZDUSD Bullish Trend Neutralised](https://forextraders.com/technical-analysis/audusd-bearish-shift-nzdusd-bullish-trend-neutralised/) - Early February has been dominated by an violent sell off in global equity markets, primarily triggered by a shift to higher yield territory across the UST curve (with the 10yr pushing though 2.70%), in turn assisted by potential inflationary pressures developing, highlighted by the recent rise in US average hourly earnings. Forex markets have been - [AUDUSD Bearish as NZDUSD Sits in an Intermediate-Term Range](https://forextraders.com/technical-analysis/audusd-bearish-as-nzdusd-sits-in-an-intermediate-term-range/) - When we last looked at the AUDUSD and NZDUSD currency pairs here on the 4th February we emphasised intermediate-term bullish themes. However, a broad surge in the US Dollar as a safe haven since late January into February has reflected growing global growth concerns, which has seen both AUDUSD and NZDUSD Forex rates send negative - [AUDUSD and NZDUSD Set Negative Themes with Risks of Bearish Shifts](https://forextraders.com/technical-analysis/audusd-and-nzdusd-set-negative-themes-with-risks-of-bearish-shifts-57458/) - The Antipodean currencies, the Australian and New Zealand Dollars have both suffered significant losses thus far in 2016, rejecting potential bullish signals. Moreover, this leaves both AUDUSD and NZDUSD aiming at the lower end of Q4 ranges, with risks growing for a more bearish shift in January. AUDUSD The Wednesday plunge close to .7035 leaves a - [AUDUSD and NZDUSD Reinforces Bull Bias and Bull Trends Respectively](https://forextraders.com/technical-analysis/audusd-and-nzdusd-reinforces-bull-bias-and-bull-trends-respectively-86706/) - Both the Australian Dollar and New Zealand Dollar have reinforced their underlying positive outlooks versus the US currency in June and continue to point higher into the key Referendum on EU Membership in the UK on Thursday 23rd June 2016. Whilst AUDUSD continues to display a bull bias in a broader non-trend environment, NZDUSD has - [15th February 2021 Technical Matrix](https://forextraders.com/technical-analysis/mondays-technical-matrix-15th-february-2021-2/) - UTC: 08.10 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [WEEKLY FOREX TRADING TIPS – 2022.07.18](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-07-18/) - UTC 09:44 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [WEEKLY FOREX TRADING TIPS – 2022.07.04](https://forextraders.com/technical-analysis/weekly-forex-trading-tips-2022-07-04/) - UTC 09:31 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Weekly Tips section to share possible trade entry and exit points based on our technical analysis. We also - [Weekly Forex Trading Tips – 2021.12.01](https://forextraders.com/technical-analysis/weekly-technical-matrix-20211201/) - UTC 10:02 Our trading signal analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. We created this Forex Weekly Tips section to share possible trade entry and exit points based on technical analysis. We also - [Monday's Technical Matrix 17th May 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-17th-may-2021/) - UTC: 08.15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 10th May 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-10th-may-2021/) - UTC: 08:15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 03rd May 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-3rd-may-2021/) - UTC: 08.12 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 26th April 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-26th-april-2021/) - UTC: 09.16 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 19th April 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-19th-april-2021/) - UTC: 09.18 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 12th April 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-12th-april-2021/) - UTC: 08.18 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 05th April 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-5th-april-2021/) - UTC: 09.18 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 29th March 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-29th-march-2021-2/) - UTC: 08.42 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 22nd March 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-22nd-march-2021-2/) - UTC: 10.15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 15th March 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-15th-march-2021/) - UTC: 09.15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 8th March 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-8th-march-2021-2/) - UTC: 10.15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 4th March 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-4th-march-2021/) - UTC: 10.15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 22nd February 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-22nd-february-2021/) - UTC: 08.15 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 1st February 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-1st-february-2021/) - UTC: 08.12 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 25th January 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-25th-january-2021/) - UTC: 07.36 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 8th February 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-8th-february-2021/) - UTC: 09.12 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [AUDUSD and NZDUSD Bear Trends Questioned](https://forextraders.com/technical-analysis/audusd-and-nzdusd-bear-trends-questioned/) - We last looked at the AUDUSD and NZDUSD currency pairs here on 20 th May highlighting intermediate-term bear trends. The rebounds seen in late May, however, have begun to question these bear themes. An AUDUSD Forex rate push above .6959 would signal an intermediate-term shift to neutral, with a similar shift seen by the NZDUSD - [Monday's Technical Matrix 23rd November 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-23rd-november-2020-2/) - UTC: 8.42 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 30th November 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-30th-november-2020/) - UTC: 7.42 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [GBPUSD: Risks Stay Higher](https://forextraders.com/technical-analysis/gbpusd-risks-stay-higher/) - https://www.youtube.com/watch?v=Pl9-mirJ7lg Hi there traders this is Steve Miley the market charters on behalf of forextraders.com and in this article and this video we’re going to take a look at the Pound versus the US dollar - the Pound versus the US spot FX rate. Well [in here] a more uncertain, indecisive tone in here over - [USDCAD: Risks stay higher after TWO Central Bank decisions](https://forextraders.com/technical-analysis/usdcad-risks-stay-higher-after-two-central-bank-decisions/) - https://www.youtube.com/watch?v=3niaVNGmaFU Hi there, this is Steve Miley for forextraders.com and here we’re looking at USDCAD; the US dollar / Canadian dollar spot FX rate on a day trade, short term trading outlook. Well, a surge higher yesterday in here for USDCAD. Two central banks in play yesterday: The Bank of Canada and the Federal Reserve. - [Monday's Technical Matrix 18th January 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-18th-january-2021-2/) - UTC: 07.36 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Weekly Technical Matrix 28th December 2020](https://forextraders.com/technical-analysis/mondays-weekly-technical-matrix-28th-december-2020/) - Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that - [Monday's Technical Matrix 1st December 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-1st-december-2020/) - Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 11th January 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-11th-january-2021-2/) - UTC: 09.36 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [AUDUSD and NZDUSD Bullish Threats](https://forextraders.com/technical-analysis/nzdusd-and-audusd-bullish-threats-54432/) - Both the New Zealand Dollar and the Australian Dollar has reinforced their bullish themes over the past week, with NZDUSD moving to a new cycle high, whilst AUDUSD has probed above the .7648 level, to switch from a broader range theme, to a more bullish outlook into July. This price action has generally reflected a - [Monday's Technical Matrix 4th January 2021](https://forextraders.com/technical-analysis/mondays-technical-matrix-4th-january-2021/) - UTC: 08.35 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 21st December 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-21st-december-2020/) - UTC: 09.02 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 14th December 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-14th-december-2020-2/) - UTC: 07.42 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 7th December 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-7th-december-2020/) - UTC: 13.02 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Monday's Technical Matrix 16th November 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-16th-november-2020/) - UTC: 7.42 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Mondays Technical Matrix 26th October 2020](https://forextraders.com/technical-analysis/mondays-technical-matrix-26th-october-2020/) - UTC: 07.14 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. - [Weekly Technical Chart 19-10-20](https://forextraders.com/technical-analysis/weekly-technical-chart-19-10-20/) - Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists - [Weekly Technical Chart 12-10-20](https://forextraders.com/technical-analysis/weekly-technical-chart-12-10-20/) - Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to simple and exponential moving averages and key technical indicators. Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility - [Geo-political uncertainty increases market volatility](https://forextraders.com/technical-analysis/geo-political-uncertainty-increases-market-volatility/) - Geo-political uncertainty ramped up over the weekend. Potential risk factors surrounding the health and election prospect of incumbent US president Donald Trump dominated the headlines. Across all asset groups, bulls are factoring in that any bad news will be addressed by a further scaling up of fiscal and monetary policy. They haven’t been wrong on - [EURUSD continues to throw up negative indicators](https://forextraders.com/technical-analysis/eurusd-continues-to-throw-up-negative-indicators/) - EURUSD continues to throw up negative indicators. Selling pressure over the last week has broken the support line of the holding pattern which started forming back in August. The currency pair is gaining a lot of attention. The question is whether this represents the start of a long-term move in line with the pattern seen - [Crude is the market with most price volatility](https://forextraders.com/technical-analysis/crude-is-the-market-with-most-price-volatility/) - A change in mood in the markets, with pressure on the dollar easing over the last 24 hours. Gold and silver demonstrating the swing from Sell to Buy but indicators Neutral on a daily time-frame, suggesting price may be looking to move sideways for a period of time. Crude is the market with most price - [Equity markets sold off on Tuesday](https://forextraders.com/technical-analysis/equity-markets-sold-off-on-tuesday/) - Equity markets sold off on Tuesday giving up the gains from the start of the week. The UK benchmark FTSE 100 index now in negative territory and the S&P 500 weekly candle forming a bearish reversal gravestone Doji pattern. Currencies and Bitcoin lacked real conviction but crude fell away from the crucial $40 mark after - [Equity Index divergence as they race to the line](https://forextraders.com/technical-analysis/equity-index-divergence-as-they-race-to-the-line/) - The strong sell-off in crude means that the FTSE 100 (Strong Sell) which is heavily weighted towards oil stocks is heading towards posting a third negative week in a row. It will be interesting to see if the S&P 500 (Strong Buy) holds positive ground for the week. It risks posting 5 successive red candles. - [Traders Update - Equity market metrics suggest it’s too early to sell and too late to buy](https://forextraders.com/technical-analysis/traders-update-equity-market-metrics-suggest-its-too-early-to-sell-and-too-late-to-buy/) - Equity market metrics suggest it’s too early to sell and too late to buy. The currency markets are offering stronger signals and dollar weakness is also feeding through to the precious metal markets. As long as Bitcoin trades above the $10,280 support level it too could show strength. Our analysis is based on a - [Technical indicators continue to point to a move away from risk](https://forextraders.com/technical-analysis/technical-indicators-continue-to-point-to-a-move-away-from-risk/) - Technical indicators continue to point to a move away from risk. The sell-off on the back of coronavirus fears might not be as extreme as earlier in the year but does look to have some momentum. It’s all about the dollar and the US Dollar Basket has some room to the upside before it meets - [“Risk-off” was the theme at the start of the week beginning 21st September.](https://forextraders.com/technical-analysis/risk-off-was-the-theme-at-the-start-of-the-week-beginning-21st-september/) - Markets which had been trading sideways for some days broke to the downside as fears grew over the severity of a second COVID lockdown. Moving averages in the GBPUSD and EURUSD offer some hope for a rebound in those particular forex pairs but the outlook for commodities is more bearish. Our analysis is based on - [Gold and Silver showing some signs of potentially changing direction](https://forextraders.com/technical-analysis/gold-silver-changing-direction/) - Coming into the last trading session of the week, at least there is some consistency being shown. Following on from Thursday’s report, crude oil is still standing out as the asset throwing off ‘buy’ signals whilst equity indices point to ‘sell’. Gold and Silver showing some signs of potentially changing direction, a situation worth monitoring. - [Traders Update - Dollar weakness is generating ‘Strong Buy’ signals in Euro, Gold, Silver and Bitcoin](https://forextraders.com/technical-analysis/dollar-weakness-is-generating-strong-buy-signals-in-euro-gold-silver-and-bitcoin/) - Gold and Bitcoin are both working their way towards and through ‘Big Number’ resistance in the form of the $2,000 and $11,000 price tags. Bitcoin’s week-long rally has turned points of resistance at $10,623 and $10,464 into support levels and target price $11,500 looks possible. Equity index metrics indicate short-term selling pressure which would go hand in hand with - [Price volatility draining out of the forex market](https://forextraders.com/technical-analysis/price-volatility-draining-out-of-the-forex-market/) - Price volatility has been draining out of the forex markets since the middle of last week. Wall Street equity indices have posted a three-week losing streak and whilst they haven’t rebounded do appear to have found some support at current levels. The start of the week, therefore, appears to favour range-bound traders … unless you’re - [24-hour period of selling pressure](https://forextraders.com/technical-analysis/24-hour-period-of-selling-pressure/) - A further 24-hour period of selling pressure continued to dominate the metals, EURUSD and GBPUSD. There were some short-term periods of buying pressure but the bears prevailed and price appears to just be waiting for the 20 and 50 SMAs to catch up before potentially heading lower. Equity indices showed some strength, 2020 has after - [GBPUSD: Looking for a rebound](https://forextraders.com/technical-analysis/gbpusd-looking-for-a-rebound/) - https://www.youtube.com/watch?v=qMrteyb7RA8&t=1s Hi, there traders we’re going to take a look at the Pound against the US dollar; the GBPUSD spot FX rate on a day trade, short term trading perspective. Well, this uptrend is very much intact. We have had a dip lower in here over the last 24 hours. Well we’ve got a small support - [NZDUSD: Risks Shifting Lower](https://forextraders.com/technical-analysis/nzdusd-risks-shifting-lower/) - https://www.youtube.com/watch?v=sFHwoOD5VDg&feature=youtu.be Well the market in this erratic consolidation actually breaking this uptrend line that comes up from the middle of November in here towards the second half of next week. Repeated challenges up to 6435/37 area and repeated failures here - one, two, three failures from there. And again Friday last week fading from - [USDJPY Stays Bearish Whilst USDCAD Shifts to a Bear Trend](https://forextraders.com/technical-analysis/usdjpy-stays-bearish-whilst-usdcad-shifts-to-a-bear-trend/) - Ongoing US Dollar weakness continues to impact on both the USDJPY USDCAD Forex rates. The May “risk off” phase has extended into June in the FX space, with a more dovish tone from Federal Reserve Speakers keeping the US Dollar weak, whilst this has encouraged global equity markets to rebound. The USDJPY continues to - [Risk on Environment and a Weak US Dollar Sees AUDUSD and NZDUSD Higher](https://forextraders.com/technical-analysis/risk-on-environment-and-a-weak-us-dollar-sees-audusd-and-nzdusd-higher/) - AUDUSD and NZDUSD currency pairs have posted firm recovery rallies on the second half of June. This has reflected two fundamental factors: A risk on theme driven by trade negotiation hopes, with global equity markets higher, encouraging a rebound in the Australian and New Zealand Dollars. A weaker US Dollar, driven by a more dovish - [NZDUSD: Risk of intermediate-term shift to neutral, above .6349](https://forextraders.com/technical-analysis/nzdusd-risk-of-intermediate-term-shift-to-neutral-above-6349/) - https://www.youtube.com/watch?v=JyvyLaMFzUs Hi there traders, this is Steve Miley forextraders.com and now we’re going to take a look at the New Zealand dollar against the US dollar spot FX rate. Well on the short term out look in here, day trade view, the market very much positive in here. This strong New Zealand dollar, US dollar - [NZDUSD and AUDUSD Intermediate-Term and Short-Term Range Themes](https://forextraders.com/technical-analysis/nzdusd-audusd-intermediate-term-short-term-range-themes/) - AUDUSD and NZDUSD remain within broader range environments on an intermediate-term basis, but erratic activity into the end of March also leaves a very short-term, non-trend consolidation theme. For NZDUSD, we continue to see a slightly positive bias within the broader non-trend environment that is dominated so far in 2017. AUDUSD also retains a positive - [A Hawkish Bank of Canada Plus Higher Oil Sees USDCAD Lower](https://forextraders.com/technical-analysis/hawkish-bank-canada-plus-higher-oil-sees-usdcad-lower/) - A July Oil price rebound has reinforced the positive tone for the Canadian Dollar. The Bank of Canada rate hike in early July and hawkish comments point to further rate increases, again helping the Canadian Dollar higher (therefore USDCAD lower). USDCAD - Bearish trend reinforced Despite a minor bounce effort on Monday, a failure from - [EURUSD Shifts Back to a Broader Range Theme; GBPUSD Bear Trend Extends](https://forextraders.com/technical-analysis/eurusd-shifts-back-to-a-broader-range-theme-gbpusd-bear-trend-extends/) - A plunge lower for the Euro across major currencies on Tuesday with dovish comment from after European Central Bank President Mario Draghi stated the ECB would need to ease interest rate policy if inflation does not move back to target. This saw EURUSD surrender important 1.1200 support to shift the intermediate-term outlook from bullish to - [EURUSD Poised for a Still More Bullish Move into the ECB Meeting](https://forextraders.com/technical-analysis/eurusd-poised-still-bullish-move-ecb-meeting/) - The pan-European currency has produced strong gains against most G10 currencies over the past three weeks since ECB President Draghi indicated a potentially more hawkish tone in late June. This has produced significant technical gains through important longer-term resistance levels. Going into today's ECB Meeting, the growing threat is for a July challenge to critical - [DAX: Risks higher for an intermediate-term bull shift above 12249.5](https://forextraders.com/technical-analysis/dax-risks-higher-for-an-intermediate-term-bull-shift-above-12249-5/) - https://www.youtube.com/watch?v=1HExfw4lSxs Hi there traders, this is Steve Miley for forextraders.com and we’re here looking at the German DAX Future. This is equity Friday. So we’re looking at the German DAX Future in here, the equity index and we’re seeing a positive tone in here since the beginning of October. We had that big sell off - [DAX: Downside risks intact from intermediate-term bear shift](https://forextraders.com/technical-analysis/dax-downside-risks-intact-from-intermediate-term-bear-shift/) - https://www.youtube.com/watch?v=LoG0Cqipts4 Hi there traders this is Steve Miley for forextraders.com and we’re going to take our usual Friday look at the equity markets today focusing in on the DAX. The DAX being the German index in here - the German equity stock index. So we’ll look at the DAX FUTURE in here - the market - [Bitcoin Tests $20k, Bounces Back. Bearish Reversal in the Works?](https://forextraders.com/technical-analysis/bitcoin-tests-20k-bounces-back-bearish-reversal-works/) - Over the last few days, the price of bitcoin tentatively approached the $20,000 psychological level, looking to perhaps fire a few exploratory shots into the unknown beyond. Those looking to celebrate the reaching of yet another milestone before the end of 2017, will have to table their expectations, though they may get the fireworks they're - [Australian and New Zealand Dollars Stay Bullish (Despite Pause)](https://forextraders.com/technical-analysis/australian-new-zealand-dollars-stay-bullish-despite-pause/) - Both the Australian and New Zealand Dollars reinforced their intermediate-term bullish outlooks versus the US Dollar in late July, extending up trends from Q2. Although the start of August has seen consolidation activity for both AUDUSD and NZDUSD, even minor support levels are intact, leaving risk higher into early/mid-August. The risk remains for significant moves - [Australian and New Zealand Dollars More Bullish as USD Weakens](https://forextraders.com/technical-analysis/australian-new-zealand-dollars-bullish-usd-weakens/) - Both the Australian and New Zealand Dollars had displayed an even more bullish tone through mid-July against the US Dollar, both reflecting US Dollar weakness and emerging strength for the Antipodean currencies. For AUDUSD the surge up through a long-term retracement barrier at .7878 leaves a more bullish theme into late July and August. For - [AUDUSD: Upside risk of intermediate-term shift to neutral](https://forextraders.com/technical-analysis/audusd-upside-risk-of-intermediate-term-shift-to-neutral/) - https://www.youtube.com/watch?v=BbFjvBc61Cw Hi there traders this is Steve Miley for forextraders.com and here we’re looking at the Australian versus US dollar, the spot FX rate and we’re looking at the very short term day trade potential for the market going into today. Well at the moment we’re in this recovery phase for early October. We pushed - [Will Hong Kong lose its place on the world trading stage?](https://forextraders.com/technical-analysis/will-hong-kong-lose-its-place-on-world-trading-stage/) - Two decades on from the handover of sovereignty from the United Kingdom to China, Hong Kong currently ranks first in the world according to the Heritage Foundation’s 2019 Index of Economic Freedom, ahead of Singapore, New Zealand, Switzerland and Australia (the United Kingdom ranks 7th). Hong Kong’s economic freedom score is currently 90.2, supported by - [USDCAD: Intermediate-term shift to neutral and upside risks](https://forextraders.com/technical-analysis/usdcad-intermediate-term-shift-to-neutral-and-upside-risks/) - https://www.youtube.com/watch?v=UjMixemLfQk Hi traders, this is Steve Miley for forextraders.com and here we’re looking at the US dollar verses the Canadian dollar; the USDCAD spot FX rate on a day trade outlook. Well the most important development really, overnight in here, has been this consolidation that we saw at the end of last week and the - [USDJPY: Still aiming higher](https://forextraders.com/technical-analysis/usdjpy-still-aiming-higher/) - https://www.youtube.com/watch?v=wu2DYOH-Cy0 Hi there this is Steve Miley for forextraders.com and here we’re looking at the US dollar, Japanese yen spot FX rate. There’s still an underlying positive tone in here for USDYEN and the market just has been dipping lower in here, but holding at this 108.86/84 area over the last couple of sessions in - [Gloom and Doom - BTC Price Hits Lowest Point in 2018](https://forextraders.com/technical-analysis/gloom-and-doom-btc-price-hits-lowest-point-in-2018/) - Yesterday, BTC and the crypto markets as a whole, were hit by a massive selloff, one that drove the price of the crypto blue-chip to the lowest point of 2018, while spelling gloom for most other cryptos and digital assets too. What exactly are we witnessing here? Is this the latest turn of the nearly - [Macroeconomic Outlook and Recap: 19/08/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-19-08-19/) - The global financial markets continue to endure volatile price activity, as the trade war between the US and China continues to dominate. The past week has seen numerous statements, rumours and leaks from both sides, increasing the volatility to markets that were already vulnerable and erratic. This has not just been impacting global stock markets - [Macroeconomic Outlook and Recap: 26/08/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-26-08-19/) - Increasingly aggressive price action has dominated global financial markets over the past week, with heightened volatility experienced on Friday as the US and China trade war plumbed new depths. But to rewind, last week began on a more stable footing, after the prior week saw an aggressive “risk off” move with a push to lower - [Macroeconomic Outlook and Recap: 23/09/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-23-09-19/) - The noteworthy geopolitical event to start last week was the market reaction to the weekend attacks on the Saudi Arabian oil fields. The oil price moved up aggressively by a record degree last Monday, only to correct significantly back to the downside as it emerged that output would not be impacted as drastically as first - [EURUSD: Bear theme intact](https://forextraders.com/technical-analysis/eurusd-bear-theme-intact/) - https://www.youtube.com/watch?v=mgKHZGgmLsw&t=2s Hi there traders, this is Steve Miley for forextraders.com and we’re now looking at Euro vs the US dollar, EURUSD. Well a slight rebound about plunged down in here through late August into early September to a new multi-year low in here, taken out this 1.1025 low but as significantly the psychological level - [GBPUSD: Head and Shoulders Top keeps risks lower](https://forextraders.com/technical-analysis/gbpusd-head-and-shoulders-top-keeps-risks-lower/) - https://www.youtube.com/watch?v=aAYGIOl-7cw Hi there this is Steve Miley for forextraders.com and we’re now taking a look at the Pound against the US dollar cable spot FX rate. Well, a small head and shoulders topping pattern in here forming - you can see the head and shoulders in here: shoulder, head and shoulder - broke down / - [Macroeconomic Outlook and Recap: 16/09/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-16-09-19/) - The breaking news Saturday, which is still developing at the time of writing, came from the Middle East, with two Saudi Arabian oil plants critical to the oil industry attacked. This could potentially disrupt over half of the Kingdom’s oil output. The supply cut is expected to see oil prices surge when markets open on - [AUDUSD: Negative Tone](https://forextraders.com/technical-analysis/audusd-negative-tone/) - https://www.youtube.com/watch?v=QaFYxPmhNXU Hi there traders this is Steve Miley for forextraders.com and here we’re going to take a look at the very short term day trade. But also the slightly more intermediate term outlooks of the Australian dollar versus the US dollar spot FX rate. Well, we’ve had a slight rebound in here to begin this - [GBPUSD: Risks switch back to the upside and key 1.2310](https://forextraders.com/technical-analysis/gbpusd-risks-switch-back-to-the-upside-and-key-1-2310/) - https://www.youtube.com/watch?v=1nR7UUJGCS0 Hi there traders, this is Steve Miley for forextraders.com and in this report we’re gonna take a look at the pound versus the US dollar, the cable spot FX rate and look in the technical for the cable spot FX rate on a short-term basis. Well, we’ve had this surging rally in here over - [AUDUSD: Still negative](https://forextraders.com/technical-analysis/audusd-still-negative/) - https://www.youtube.com/watch?v=FiXSZuMwcMY Hi there this is Steve Miley for forextraders.com and we’re here looking at the Australian versus the US dollar. Australia against the US dollar in here and still this declining theme in here for the Australian dollar. We’ve had a consolidation really at the very end of September. The market capped by this resistance - [NZDUSD: Threat stays back lower](https://forextraders.com/technical-analysis/nzdusd-threat-stays-back-lower/) - https://www.youtube.com/watch?v=bLbfe8T3AZA Hi there traders, this is Steve Miley for forextraders.com and we’re now here looking at the New Zealand dollar against the US dollar spot FX rate. Well a more negative tone - a negative consolidation through this week and this week already you can see in here a little sell off, setting off for - [GBPUSD: Threat Stays Lower](https://forextraders.com/technical-analysis/gbpusd-threat-stays-lower/) - https://www.youtube.com/watch?v=3G6JBScy5Yw Hi there this is Steve Miley for forextraders.com and we’re now here looking at the pound against the US dollar, GBPUSD spot FX rate, the cable spot FX rate. Well the market is certainly negative in here, we’ve had this negative tone from mid-September, a recovery-failure in October and then yesterday another recovery-failure. The - [Crypto Bears are Back in Town - Take Aim at Key Long-Term Support](https://forextraders.com/technical-analysis/crypto-bears-are-back-in-town-take-aim-at-key-long-term-support/) - The price of the leading cryptocurrency has been probing new depths over the last couple of days, and according to technical analysis, this may only be the beginning of some much more poignant short-term woes. It looks like the only thing preventing a drop to around $2,000 is a flimsy concept: that of a supposedly - [USDJPY: Risks lower](https://forextraders.com/technical-analysis/usdjpy-risks-lower/) - https://www.youtube.com/watch?v=yKbYbIHBQdE Hi there traders, this is Steve Miley for forextraders.com and here we’re looking at the US dollar versus the Japanese Yen in here. The US dollar against the Japanese Yen and we’re seeing a more negative tone on the short term outlook. We’ve had this push higher but then a failure just from - [GBPUSD Negative Bias into UK Construction PMI Data](https://forextraders.com/technical-analysis/gbpusd-negative-bias-into-uk-construction-pmi-data-67791/) - Significant data Thursday for the UK and to a lesser extent for the US sees a bias for a notable GBPUSD price move. The UK Construction PMI release is due at 9.30 local time (GMT+1), with a forecast seen at 59.7 From the US, we see Trade balance data and Weekly Unemployment Claims as the - [US Dollar Bull Bias in G3 Versus Euro and Yen](https://forextraders.com/technical-analysis/us-bull-bias-g3-versus-euro-yen/) - The US Dollar was confined within a neutral consolidation and range phase within the G3 currency complex (US Dollar, Japanese Yen and Euro) throughout September and into early October. However, emerging US$ strength through early October has translated into a USDJPY Double Bottom pattern, whilst the EURUSD sell-off into mid-October is threatening a more bearish - [Equities Vulnerable and USDJPY Bear Shift](https://forextraders.com/technical-analysis/equities-vulnerable-and-usdjpy-bear-shift/) - A global shift to a risk off phase in May has been highlighted by the weakness across equity markets and indices in the US, Europe and Asia, highlighted below by the topping pattern for the US benchmark average, the S&P 500. Moreover, in Forex markets this has seen a flight to quality, with the safe - [GBPUSD: Intermediate-term bullish shift reinforced](https://forextraders.com/technical-analysis/gbpusd-intermediate-term-bullish-shift-reinforced/) - https://www.youtube.com/watch?v=_LlQFtJTIzs Hi there traders this is Steve Miley for forextraders.com and we’re here looking at the pound against the US dollar GBPUSD cable spot FX rate. Well, a surge Thursday and then again on Friday in here. Optimism over a breakthrough on the Brexit negotiations sending the pound higher. And the dollar is also soft - [US Dollar Stays G3 Strong Currency!](https://forextraders.com/technical-analysis/usd-stays-g3-strong-currency/) - The US Dollar has reinforced its position over the past week as the strong G3 currency (Euro, US Dollar, Japanese Yen), in particularly enhanced by the EURUSD sell-off from mid-October. For EURUSD, the significant sell-off over the past week through supports at 1.0950 and 1.0910 (post-Brexit lows) has seen a significant intermediate-term bearish shift. Earlier - [EURUSD: Risks stays higher](https://forextraders.com/technical-analysis/eurusd-risks-stays-higher/) - https://www.youtube.com/watch?v=AziMC-qSbbQ Hi there traders, this is Steve Miley for forextraders.com and we’re here looking at the Euro against the US dollar. EURUSD spot FX rate on a short term, day trade outlook. Well the recovery - a dip and a rebound yesterday - we dipped just below a little support we had in here at - [S&P 500 E-Mini: Bear trend intact, despite rebound |](https://forextraders.com/technical-analysis/sp-500-e-mini-bear-trend-intact-despite-rebound/) - https://www.youtube.com/watch?v=BFsIFjZc5DM Hi there traders, this is Steve Miley for forextraders.com and we’re now going to turn our attention to the equity markets which are very much a big driving force right now for most global markets and also foreign exchange markets. So, we’re looking at the benchmark index for the US, the S & P - [GBP and CAD Remain Vulnerable into Janaury](https://forextraders.com/technical-analysis/gbp-and-cad-remain-vulernable-into-janaury-16516/) - Cable (GBPUSD) pushed to new cycle lows into the end of 2015, whilst USDCAD remains at the upper end of a strong, multi-year bull trend. This leaves both the GB Pound and Canadian Dollar vulnerable to further losses versus the US currency into early 2016. GBPUSD A push to a new cycle low into year-end leaves - [USDJPY and EURUSD Erratic Consolidation](https://forextraders.com/technical-analysis/usdjpy-and-eurusd-erratic-consolidation-61061/) - Erratic, indecisive consolidation has become the dominant theme for the US$ within G3 (that is USD, EUR and JPY). We look for EURUSD and USDJPY to continue within short-term ranges into this week, with the skewed bias for both to break to the downside on a "risk off" type move. USDJPY An extremely erratic tone - [AUDUSD Risks Shift Higher; NZDUSD Top Intact](https://forextraders.com/technical-analysis/audusd-risks-shift-higher-nzdusd-top-intact-44034/) - AUDUSD remains confined within an intermediate-term range environment, but the strong rally over the past week has shifted the risk for a more bullish tone, but still only signalled on a break above .7760. For NZDUSD, despite the recent rebound effort, the early October Head and Shoulders top in structure leaves a bigger bearish threat - [USDCAD Stays Strong with Brent Oil Aiming Lower](https://forextraders.com/technical-analysis/usdcad-stays-strong-with-brent-oil-aiming-lower-43932/) - USDCAD hit another new cycle high last week after pushing above the secular peak from September and a long term retracement resistance earlier in December. This has allowed for an approach to further key resistance targets into and through the holiday season and into early 2016. The Brent Crude Future plunge below $40/ barrel, to - [AUDUSD, USDCAD and USDJPY Range Bound Post-FOMC](https://forextraders.com/technical-analysis/audusd-usdcad-and-usdjpy-range-bound-post-fomc-51651/) - AUDUSD, USDCAD and USDJPY remains caught within broader range themes into early November in the wake of the late October FOMC meeting. Although in the very near term, the tone is positive for these currencies versus the US Dollar (USD negative); a more forceful break from the broader ranges is needed for a clearer directional - [USDCAD: Bear trend extension](https://forextraders.com/technical-analysis/usdcad-bear-trend-extension/) - https://www.youtube.com/watch?v=lsBADIMeMfM Hi there traders this is Steve Miley for forextraders.com and we’re now looking at the short term view for the US dollar against the Canadian dollar in here. Well the plunge lower that we’re seeing from mid October reinforced by another acceleration to the down side over the past 24 hours, now having wiped - [USDJPY Upside Threat within the Broader Range](https://forextraders.com/technical-analysis/usdjpy-upside-threat-within-the-broader-range-35198/) - A still firmer rebound as we had anticipated for Tuesday to build on the bullish outside and engulfing pattern Monday to probe above 119.75 and aim for a further upside targets in the broader range. For Today: We see an upside bias for 120.12; break here aims for 120.45, maybe 120.85, which we would look to try to cap. But below - [AUDUSD Upside Threats, whilst NZDUSD Corrects Lower](https://forextraders.com/technical-analysis/audusd-upside-threats-whilst-nzdusd-corrects-lower-20120/) - A bull tone still for AUDUSD into mid-February, echoing the bull trend for this year, leaving the bias for further gains into the second half of February. This contrasts with the recent NZDUSD weakness, since the recent RBNZ meeting, which has neutralised the 2017 bull pressures and leaves the bias for a correction lower into - [FTSE 100: Intermediate-term bull shift reinforced](https://forextraders.com/technical-analysis/ftse-100-intermediate-term-bull-shift-reinforced/) - https://www.youtube.com/watch?v=zbmq-xPJxZQ Hi there traders this is Steve Miley for forextraders.com and here we’re having our Friday look at the equity markets. A strong move higher in here - taking a look at the FTSE 100 FUTURE - a break above important resistance here 7233.5 earlier in the week and then an impulsive more, breaking higher - [US Dollar Plunges Post-FOMC Minutes Versus EUR, JPY and Stays Vulnerable Against GBP](https://forextraders.com/technical-analysis/us-plunges-post-fomc-minutes-versus-eur-jpy-and-stays-vulnerable-against-gbp-10308/) - The US currency has endured significant losses against the Euro, Japanese Yen and to a lesser extent the GB Pound since the Wednesday release of the FOMC Meeting Minutes for July. This has not only neutralised bullish pressures for the US currency against these currencies, but leaves bias for further gains for EURUSD and GBPUSD - [Macroeconomic Outlook and Recap: 28/10/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-28-10-19/) - Brexit was in the spotlight for financial markets last week with a light macroeconomic data calendar. This week sees Brexit stay to the fore, but with a focus too on three major Central Banks (including the Fed on Wednesday) and a heavy macroeconomic (and corporate earnings) calendar. A pause in the Brexit process over the - [GBPUSD Aiming Higher, but EURUSD Downside Risks](https://forextraders.com/technical-analysis/gbpusd-aiming-higher-eurusd-downside-risks/) - GBPUSD has proved resilient in early April and has a positive bias within an intermediate-term range. The threat is for bullish shift, but needing a push above 1.2775. EURUSD did previously signal an intermediate-term bullish theme in late March above 1.0829, BUT April losses see risks for a move lower and shift back to an - [The US Dollar Strength Continues, Aiming USDJPY and USDCAD Still Higher](https://forextraders.com/technical-analysis/us-dollar-strength-continues-aiming-usdjpy-usdcad-still-higher/) - The US dollar continues to strengthen, reacting to positive data for the US economy, the perception of a more hawkish Fed and the anticipation of tax reform. This continues to allow the USDJPY FX rate to strengthen, now aiming at a key resistance level at 114.50. For USDCAD, the previous downtrend from mid-2017 has been - [US Dollar Mixed in Europe: EURUSD Shifting Negative; GBPUSD Stays Firm](https://forextraders.com/technical-analysis/us-dollar-mixed-in-europe-eurusd-shifting-negative-gbpusd-stays-firm-26626/) - Although the US Dollar has been generally strong across major G10 currencies from early to mid-May, recent price action versus the Euro and GB Pound has reflected differing outlooks. EURUSD pushed last week through a key support at 1.1213 to shift negate the underlying bull theme from late 2015 and to leave risks lower into - [GBPUSD: Rebound bias](https://forextraders.com/technical-analysis/gbpusd-rebound-bias/) - https://www.youtube.com/watch?v=bBDN19NnRao Hi there traders, this is Steve Miley for forextraders.com and here we’re looking at the pound against the US dollar. The cable spot FX rate in here. Well a significant sell off in here over the last 12 hours since the Brexit vote. Although the Government didn’t manage to push it’s legislation through on - [BTC in Dire Straits - Slips Below $6k](https://forextraders.com/technical-analysis/btc-in-dire-straits-slips-below-6k/) - Over the last few days, the price of BTC went through a real massacre. It has dropped below the $6k mark which it had managed to defend several times in the near-past, and analysts say that this move opens the door for still more losses, as it signals the breaching of a key support level. - [NZDUSD and AUDUSD Questioning Bull Trends](https://forextraders.com/technical-analysis/nzdusd-and-audusd-questioning-bull-trends-64341/) - The New Zealand and Australian Dollars has both suffered notable erosion versus the US Dollar over the past week (since mid-July) to question the intermediate-term bull trends. However, whilst NZDUSD hold above .6960 and AUDUSD hold above .7403 , the technical bias is still to the upside through latter July and into August. However, surrender of - [USDJPY: Upside risks, despite a dip](https://forextraders.com/technical-analysis/usdjpy-upside-risks-despite-a-dip/) - https://www.youtube.com/watch?v=-qJWgwy7ecI Hi there traders this is Steve Miley for forextraders.com. Here we’re looking at the US dollar against the Japanese Yen spot FX rate on a short term, day trade outlook. We’ve had this dip lower at the very end of last week in here, having had a surge higher through mid October above these - [Significant USD Weakness Against Euro and Yen](https://forextraders.com/technical-analysis/significant-usd-weakness-against-euro-and-yen-21993/) - The US Dollar has experienced significant losses in the G3 complex in late April (against EUR and JPY), to leave far more bearish USDJPY and bullish EURUSD set ups into May. USDJPY Another aggressive plunge lower Friday after the even more extreme breakdown Thursday shifted the intermediate-term outlook back to to bearish. Moreover, the lacklustre - [EUR and GBP Still Vulnerable Versus the US Dollar](https://forextraders.com/technical-analysis/eur-and-gbp-still-vulnerable-versus-the-us-dollar-79161/) - Both the Euro and the GB Pound suffered significant losses into late October against the US Dollar, reinforcing intermediate-term bearish themes and also leaving negative pressures in the very near term into early November. For EURUSD, the breakdown through support at 1.0950 and 1.0910 has signalled a more bearish outlook on an intermediate-term basis through - [NZDUSD and AUDUSD Maintain Upside Pressures](https://forextraders.com/technical-analysis/nzdusd-and-audusd-maintain-upside-pressures-24835/) - The Antipodean currencies (New Zealand and Australian Dollars) have both retained a positive bias into early July against the US Dollar to reject previous bearish activity from the Thursday 23rd June UK "Brexit" vote. The NZDUSD spot rate has maintained a bullish trend and although AUDUSD is still within a broader range environment, the risk - [AUDUSD and NZDUSD Downside Risks](https://forextraders.com/technical-analysis/audusd-and-nzdusd-downside-risks-57345/) - A shift in tone from various members of the FOMC since late February has produced a more positive tone for the US Dollar into early March. For AUDUSD and NZDUSD, this has meant significant setbacks, with risk of potentially bearish themes emerging into and through mid-March (particularly for NZDUSD). For AUDUSD, a more bullish tone - [AUDUSD: Looking for a rebound](https://forextraders.com/technical-analysis/audusd-looking-for-a-rebound/) - https://www.youtube.com/watch?v=Lv0Mkssm2i0 Hi there traders this is Steve Miley for forextraders.com and we’re here looking at the Australian dollar US dollar spot FX rate. Well despite this dip lower in here from earlier in the week the market is trying to rebound up to this 0.6831 level, above this 0.6811 support. And whilst holding 0.6831, we’re - [AUDUSD and NZDUSD Negative in Range Environments](https://forextraders.com/technical-analysis/audusd-and-nzdusd-negative-in-range-environments-68042/) - A firmer US Dollar tone has emerged since late September and particularly now into early October. US currency gains versus both the Australian and New Zealand Dollars have signified a more negative tone for these currencies going into mid-October. AUDUSD losses this week have rejected the threat of a more bullish shift above resistance at - [USD Weaker Versus JPY and AUD](https://forextraders.com/technical-analysis/usd-weaker-versus-jpy-and-aud-81715/) - A USDJPY plunge after the Bank of Japan Meeting on Wednesday 21st September, as extra measures were added, with longer term yields now targeted. This has indicated a more negative tone for USDJPY within a broader range, BUT with risk of a more bearish shift through 99.51. Despite significant losses for AUDUSD in the early - [AUDUSD Resilient Tone into Consumer and Trade Data](https://forextraders.com/technical-analysis/audusd-resilient-tone-into-consumer-and-trade-data-13354/) - Thursday 4th June at 11.30 a.m. local time sees the release of the Australian Retail Sales and Trade Balance data. The reaction to this data will be important given the RBA statement and solid recovery effort this week, which has questioned bearish pressures evident since mid-May. AUDUSD further upside correction risks An aggressive recovery effort - [Small USDJPY Top and AUDUSD Roll Lower](https://forextraders.com/technical-analysis/small-usdjpy-top-and-audusd-roll-lower-50276/) - A strong tone Wednesday for the Japanese yen, with a USDJPY break lower, through notable support. This has signalled a short-term top and negative tone in the very near term, although the year-end bias remains bullish. The Australian Dollar, however, has rejected a more bullish base and breakout (for now) with a roll back lower - [USDCAD: Threat switches back higher](https://forextraders.com/technical-analysis/usdcad-threat-switches-back-higher/) - https://www.youtube.com/watch?v=LRc819gSNC0 Hi there this is Steve Miley on behalf of forextraders.com and here we’re taking a look at the US dollar versus the Canadian dollar spot FX rate. Well the USDCAD has been sliding lower in here over the past week or so, but a really sharp, aggressive rebound in here from above support at - [USDCAD: Risks Stay Lower, Despite Bounce](https://forextraders.com/technical-analysis/usdcad-risks-stay-lower-despite-bounce/) - https://www.youtube.com/watch?v=fFj9-vpSLkU Hi there traders this is Steve Miley for forextraders.com and here we’re looking at the US dollar versus Canadian dollar spot FX rate. Well a plunge lower back on Friday after the Canadian employment report in here sending the US dollar plunging lower verses the Canadian dollar down through the supports in here at - [Both Canadian and New Zealand Dollars Reject Positive Tone to Leave Bearish Risks Against the US Currency](https://forextraders.com/technical-analysis/both-the-canadian-and-new-zealand-dollars-reject-a-more-positive-tone-to-leave-bearish-risks-against-the-us-currency-35631/) - Despite the Canadian & New Zealand Dollars gaining ground versus the US Dollar after the FOMC decision and statement on Thursday 17th September, these rallies have been rejected. This leaves USDCAD risks higher, back to the multiyear high whilst NZDUSD remains vulnerable to a re-energizing of bearish pressures evident during the plunge in late August - [USDJPY: Bull tone](https://forextraders.com/technical-analysis/usdjpy-bull-tone/) - A strong rally Monday through the October recovery peak at 109.00, to reinforce last Wednesday’s rebound from just below our 108.27/23 support area (from 108.22) and the strong, mid-October advance and intermediate-term bullish shift through the key 108.45/48 peaks, to keep the bias higher for Tuesday. A mid-October surge through the key 108.45/48 peaks signalled - [Mixed US Dollar Tone: USDJPY Stays Bearish with USDCAD Positive](https://forextraders.com/technical-analysis/mixed-us-tone-usdjpy-stays-bearish-with-usdcad-positive-80538/) - Shifts in the outlook for the US$ have been frequent in Q1 2017, with switches in views for how hawkish or dovish the FOMC are, alongside the roller coaster of the Trump policy initiations. This has left an indecisive tone for the US currency into the end of March and into early Q2. USDJPY has - [Macroeconomic Outlook and Recap: 21/10/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-21-10-19/) - The major theme dominating financial markets last week was the progression of the previous week’s breakthrough in Brexit negotiations driven by the UK and Irish Governments. Last week on Thursday 17th October saw UK, and European Union officials agree a new deal. This Brexit agreement saw the previous week’s advance across global equity markets extend, - [DAX: Bull extension and risks still higher (despite a dip)](https://forextraders.com/technical-analysis/dax-bull-extension-and-risks-still-higher-despite-a-dip/) - https://www.youtube.com/watch?v=YAK96X5ty3k Hi there traders this is Steve Miley for forextraders.com and we’re now here looking at our equity watch in here for today. So we’re going to take a look at the DAX FUTURE for Friday equities. So we’re seeing a strong rally in here for the DAX FUTURE surging higher through October. Initially - [The Antipodeans (AUD and NZD) Remain Bullish Versus the US Dollar](https://forextraders.com/technical-analysis/the-antipodeans-aud-and-nzd-remain-bullish-versus-the-us-55080/) - The Antipodeans (AUD and NZD) Remain Bullish Versus the US$ Both the AUDUSD and NZDUSD spot rates have maintained their upward paths, that have been evident both throughout 2018 and also re-energized into early September. This has seen AUDUSD reject the down move that was seen in the second half of August with a recovery - [USDCAD Bull Break and Brent Oil Bear Trend](https://forextraders.com/technical-analysis/usdcad-bull-break-and-brent-oil-bear-trend-19866/) - USDCAD has broken above the cycle high and a long term retracement resistance over the past week. This now sets a far more bullish tone to aim for further long term targets into late December and early 2016. This USDCAD rally has been significantly driven by oil price erosion, with the Brent Crude Future plunging - [Macroeconomic Outlook and Recap: 25/11/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-25-11-19/) - Last week started with an erratic tone, initially with favourable comments from both sides of the US-China trade negotiations, which saw riskier assets push higher, with the major US stock indices hitting record highs once again. However, as the week progressed, the rhetoric from both China and the US shifted to slightly more negative with - [S&P 500: Another strong rebound, another new record high](https://forextraders.com/technical-analysis/sp-500-another-strong-rebound-another-new-record-high/) - https://www.youtube.com/watch?v=klljgq0Emco Hi traders this is Steve Miley or forextraders.com and here we’re looking at the EURO STOXX 50 FUTURE. This is the Pan-European equity index in here; the top 50 stocks in the Euro-zone and the market [is] showing resilience in here going in to Friday, holding in this 3677/73 area on a number of - [DAX: Aiming lower](https://forextraders.com/technical-analysis/dax-aiming-lower/) - https://www.youtube.com/watch?v=GSqz_qi2Og0 Hi traders this is Steve Miley for forextraders.com and here we’re looking at the DAX FUTURE. That’s the German stock market Future in here and we’re looking at a more negative tone. The market selling off in here over the last 48 hours or so, taking out some important, various trend line supports in - [NZDUSD: Risks Back Higher](https://forextraders.com/technical-analysis/nzdusd-risks-back-higher/) - https://www.youtube.com/watch?v=O_Eqj8WCoaQ Hi there traders this is Steve Miley for forextraders.com and here we’re going to take a Monday look at the New Zealand dollar against the US dollar, NZDUSD, on a day trade outlook going into today; into Monday. So a positive tone really since we’ve had this sharp rise higher after the RBNZ, the - [Macroeconomic Outlook and Recap: 11/11/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-11-11-19/) - A key focus once more over the past week have been the trade talks between China and the US, as negotiators are still working on phase one trade deal. Broadly speaking, the sounding from both sides have been very positive throughout the past week, interrupted by a couple of blips. At one point there was - [US Dollar weakens to set both EURUSD and GBPUSD higher](https://forextraders.com/technical-analysis/us-dollar-weakens-to-set-both-eurusd-and-gbpusd-higher/) - A US Dollar selloff on Wednesday in the wake of both Federal Reserve (Fed) Chairman Jerome Powell’s testimony for the US Congress and after the release of the FOMC Minutes from their last meeting. This has been in reaction to a perception of a still very dovish tone from the Fed, which in turn sees - [USDCAD: Threat to key 1.3348](https://forextraders.com/technical-analysis/usdcad-threat-to-key-1-3348/) - https://www.youtube.com/watch?v=y-l6f0Alek8 Hi there, this is Steve Miley for forextraders.com and here we’re looking at the US dollar verses Canadian dollar spot FX rate. Well a surge higher in here earlier this week and a reinforcement of that push higher, having taken out this 1.3270/71 resistance in here, reinforcing that with a break above this kind - [USDJPY: Risks still just to the upside](https://forextraders.com/technical-analysis/usdjpy-risks-still-just-to-the-upside/) - https://www.youtube.com/watch?v=Dz38wvbnohA&t=8s Hi traders this is Steve Miley for forextraders.com and here we’re looking at the US dollar against the Japanese Yen spot FX rate on a short term day trade outlook in here. Well the market had a push higher yesterday, up through this little down trend line and then through minor resistance in the - [Macroeconomic Outlook and Recap: 18/11/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-18-11-19/) - With some US markets closed for the Veterans Day holiday last Monday, the first main event of last week was Tuesday’s speech by US President Trump at the Economic Club of New York. Trump delivered a positive view on a US-China trade deal, but also threatened further tariffs if no deal was made. This caused - [S&P 500 E-Mini: Another new all-time peak](https://forextraders.com/technical-analysis/sp-500-e-mini-another-new-all-time-peak/) - https://www.youtube.com/watch?v=247aQr_ko4g Hi traders this is Steve Miley for forextraders.com and here we’re looking at the S&P 500 E-MINI FUTURE on our Friday look at the equity markets. So we’ve seen a strong rally in here really from the middle of October, this push higher. The Market a little bit hesitant going in to the very - [EURUSD: Negative Tone](https://forextraders.com/technical-analysis/forex-trading-eurusd-negative-tone-forextraders-com/) - https://www.youtube.com/watch?v=EiBP67OArjE Hi there traders this is Steve Miley on behalf of forextraders.com and here we’re looking at the Euro versus the US dollar; Euro against the US dollar. The EURUSD short-term, day trade outlook. Well over the last 24/36 hours we’ve had this plunge lower taking out these supports in here: 1.1071 and just below - [AUDUSD: Risks Shift Lower with Prod Below .6873/7](https://forextraders.com/technical-analysis/audusd-risks-shift-lower-with-prod-below-6873-7/) - https://www.youtube.com/watch?v=Za2umabp9c8 Hi there traders, this is Steve Miley for forextraders.com and here we’re looking at the Australian dollar against the US dollar. AUDUSD on a short term, day trade outlook. Well the market’s broken previously down through this up trend-line that comes up from the middle of October and then further deterioration over the last - [AUDUSD: Further Rebound Risks](https://forextraders.com/technical-analysis/audusd-further-rebound-risks/) - https://www.youtube.com/watch?v=-bkacgYFUvE Hi there traders this is Steve Miley for forextraders.com and here we’re looking at the Australian dollar against the US dollar spot FX rate. Well a short term rebound in here from just below 0.6739 support and above critical 0.6708 support, from 0.6720 yesterday, on Wednesday; and a strong rebound yesterday and again this - [GBPUSD: Downside threat to the key 109.89](https://forextraders.com/technical-analysis/gbpusd-downside-threat-to-the-key-109-89/) - https://www.youtube.com/watch?v=z52YVerabJ4&t=1s Hi there traders, this is Steve Miley from forextraders.com and here we’re looking at the pound against the US dollar; the GBPUSD spot FX rate. Well a negative tone in here, the market sliding from early November, primarily being driven lower in here by US dollar strength rather than Pound weakness. But the Pound - [US Dollar Stays Vulnerable into US Election, but Outlook Remains Dollar Positive for Q4](https://forextraders.com/technical-analysis/us-stays-vulnerable-into-us-election-but-outlook-remains-dollar-positive-for-q4-27229/) - A more bearish shift for US equity indices (and in turn for European and global equity markets) since late October into early November has principally been driven by concerns around the US election result. This has also signalled risk of all potentially deeper equity market correction. In turn, this price action has encouraged a corrective - [USDCAD Stays Bullish; USDJPY Still in an Intermediate-Term Range](https://forextraders.com/technical-analysis/usdcad-stays-bullish-usdjpy-still-in-an-intermediate-term-range/) - In our 21st November report here we highlighted a bullish tone for USDCAD and a range theme for USDJPY. The USDCAD forex rate has continued to push erratically higher, still building on the prior advance through 1.3228, a key resistance at, reinforcing the intermediate-term upside threat. Again, the USDCAD advance has been assisted by a - [US Dollar Asserts a Bullish Theme Within G3, Post-Election Result](https://forextraders.com/technical-analysis/us-asserts-a-bullish-theme-within-g3-post-election-result-71804/) - Extremely erratic price action across asset classes on Wednesday through the US election result, with an initial "risk off" move. This saw equity markets suffering significant losses, bond markets moving meaningfully higher, whilst the US Dollar endured noteworthy losses within the G3 currency complex, with a safe haven rally for the Japanese Yen and Euro. - [AUDUSD and NZDUSD Bear Trends Extend, Aiming Still Lower](https://forextraders.com/technical-analysis/audusd-and-nzdusd-bear-trends-extend-aiming-stiull-lower/) - When we last looked at AUDUSD and NZDUSD FX rates back on 29th April here we highlighted ongoing intermediate-term bear themes. Since this report, global financial markets have seen a move to a “risk off” environment, with concerns regarding US tariffs on Chinese goods potentially impacting negatively on the US-Sino trade talks. Equity markets have - [Risk On Phase Sees Bull Bias for Both AUDUSD and NZDUSD](https://forextraders.com/technical-analysis/risk-on-phase-sees-bull-bias-for-both-audusd-and-nzdusd/) - Both the AUDUSD and NZDUSD Forex rates have staged solid recoveries since the early July setback. These have built on the strong rallies seen since mid-June. Fundamentals: Risk on environment from the positive outcome from the G20 Meeting with US-Sino trade negotiations restarting. A weaker US Dollar, in places with a dovish Fed in play, - [NZDUSD and USDJPY Signalling a More Bullish US Dollar Tone](https://forextraders.com/technical-analysis/nzdusd-and-usdjpy-signalling-a-more-bullish-us-tone-85244/) - Through October, NZDUSD retained a far more bullish outlook, whilst USDJPY had remained defined by an erratic consolidation phase. However, US currency strength across many major currencies since the FOMC meeting at the end of October, has this week signalled a more negative NZDUSD tone and a more bullish USDJPY bias (both USD positive). NZDUSD - [Increasing Downside Pressures for NZDUSD and AUDUSD](https://forextraders.com/technical-analysis/increasing-downside-pressures-nzdusd-audusd/) - Primarily a consequence of US dollar strength over the past 1 to 2 weeks from late September into early October, but both the New Zealand and Australian dollars have boasting significantly negative signals versus the US currency. In particular, the NZDUSD breakdown below .7084 has reinforced the previous Head and Shoulders topping pattern, for a - [EURUSD Shifts Bullish; GBPUSD Just Stays Bearish](https://forextraders.com/technical-analysis/eurusd-shifts-bullish-gbpusd-just-stays-bearish/) - The EURUSD and GBPUSD currency pairs have rebounded in early June, with the intermediate-term outlook for the EURUSD FX shifting to bullish, whilst the GBPUSD Forex rate retains an intermediate-term bear trend (but under threat from recovery efforts). This upside activity for both EURUSD and GBPUSD has primarily reflected a weakening of the US Dollar, - [AUDUSD Aims Lower as NZDUSD Clings to Support](https://forextraders.com/technical-analysis/audusd-aims-a-lower-as-nzdusd-clings-to-support/) - AUDUSD and NZDUSD currency pairs are exhibiting a mixed tone in both the short- and intermediate-term outlooks The AUDUSD Forex has established an intermediate-term range, but negative price action into mid-June and over the past 24 hours sets the immediate bias lower within this broader range environment. The NZDUSD FX rate established a bullish intermediate-term - [EURUSD Bullish; GBPUSD Upside Correction Risks](https://forextraders.com/technical-analysis/eurusd-bullish-gbpusd-upside-correction-risks/) - EURUSD has seen a surge above the 1.1348 peak from earlier in June, being helped to the upside by the a still weakened US Dollar from a more dovish Fed. GBPUSD Has been in a range for latter June, but highlighting a possible basing pattern, but needs upside through 1.2814 for a less negative/ more - [USDCAD Stays Bearish, but USDJPY Recovery Bias](https://forextraders.com/technical-analysis/usdcad-stays-bearish-but-usdjpy-recovery-bias/) - The USDCAD and USDJPY FX rates both remain in intermediate-term bear trends, but in the short-term these currency pairs are displaying differing direction biases, with USDCAD staying bearish in the near-term as well as on a longer time frame, whilst USDJPY has posted a small base and is aiming for a correction higher. The USDCAD - [Oil Aims Higher, Reinforces USDCAD Down Trend](https://forextraders.com/technical-analysis/oil-aims-higher-reinforces-usdcad-trend/) - A solid rebound into late July for oil (Brent and WTI), switching the intermediate term outlook from neutral back to bullish. Moreover, the bullish move in oil has reinforced and sustained the intermediate-term bearish trend for USDCAD, which we look to extend into August. ICE Brent Future - Intermediate-term bull shift and upside risks September - [AUDUSD and NZDUSD Bullish Trends into January](https://forextraders.com/technical-analysis/audusd-nzdusd-bullish-trends-january/) - Broad based US Dollar weakness has been seen since the December 2017 rate hike, with a noteworthy setback for the US$ during the late 2017 holiday season and in places also into 2018. The latter 2017 AUDUSD forex rate surge higher through .7730 suggested a far more bullish intermediate-term view, at least into January 2018 - [USDJPY Upside Risk as USDCAD Remains Bearish](https://forextraders.com/technical-analysis/usdjpy-upside-risk-as-usdcad-remains-bearish/) - The US Dollar has been gaining versus the Japanese Yen since late June with a broader “risk on” environment across global asset classes (global equity averages at multi-month highs, with US equity indices hitting record level). The positive outlook for the USDJPY FX rate was reinforced Friday after the strong US Employment report saw a - [USDJPY and USDCAD Both Aim Higher Short-Term](https://forextraders.com/technical-analysis/usdjpy-and-usdcad-both-aim-higher-short-term/) - The US Dollar has broadly stayed strong during May against the major global currencies (and also Emerging Markets currencies) with a “risk off” theme continuing to dominate most global financial markets. Although USDJPY was initially weaker for the first half of May due to Japanese safe haven strength, the USDJPY FX rate rebound from mid-month - [USDJPY Stays Bearish as USDCAD Aims Higher](https://forextraders.com/technical-analysis/usdjpy-stays-bearish-as-usdcad-aims-higher/) - The USDJPY and USDCAD currency pairs are exhibiting a mixed tone as the US Dollar has strengthen against most currencies into mid-June, but USDJPY has stayed in a short-term consolidation phase. This leaves USDJPY vulnerable to a renewal of bear forces, remaining in an intermediate-term bear trend into June The USDCAD FX rate, however, has - [NZDUSD: Bull tone, despite another setback](https://forextraders.com/technical-analysis/nzdusd-bull-tone-despite-another-setback/) - https://www.youtube.com/watch?v=ZCU_GcuHJPs Hi there traders, this is Steve Miley for forextraders.com and here we’re going to take a look at the New Zealand dollar against the US dollar - NZDUSD which retains an underlying positive tone in here. Yes over the last 24 hours we have had this setback this week. We’ve seen a little bit - [USD Vulnerable Versus JPY and AUD](https://forextraders.com/technical-analysis/usd-vulnerable-versus-jpy-and-aud-50221/) - The US Dollar has displayed a mixed tone across G8 currencies since the Wednesday 21st September FOMC meeting, but lacklustre recovery activity versus the Japanese Yen and the Australian Dollar leaves risk for USDJPY losses and AUDUSD gains into late September and potentially through into early October. For USDJPY, the key support levels to watch - [GBPUSD and EURUSD Pointing Lower](https://forextraders.com/technical-analysis/gbpusd-and-eurusd-pointing-lower-27870/) - NOTE: The next technical analysis will be 4th of September! Both the GB Pound and the Euro have signalled negative outlooks versus the US Dollar over the past week, through mid-August. GBPUSD continues to move to the lower end of the post-Brexit range, through modest range supports, to leave risks for a challenge to the - [EURUSD and GBPUSD Bull Trends](https://forextraders.com/technical-analysis/eurusd-gbpusd-bull-trends/) - A negative US Dollar tone has re-emerged in January 2018 across G10 FX markets. The US$ has been weakening since the FOMC rate hike in December 2017. For EURUSD, we see an intermediate-term bullish environment, with threat up to 1.2272 and 1.2600. GBPUSD aims higher for January for 1.3841 and 1.4000. EURUSD Bull theme fully - [USD Firmer Versus GBP and NZD](https://forextraders.com/technical-analysis/usd-firmer-versus-gbp-and-nzd-81246/) - Despite initial US dollar weakness after the Wednesday 21st September FOMC meeting, a firm US dollar rebound was seen Friday. The GB Pound and the New Zealand Dollar suffered losses against the US dollar on Friday, which indicated a more negative tone for GBPUSD and NZDUSD into late September. A GBPUSD break below 1.2791 and - [EURUSD and GBPUSD Bearish Risks](https://forextraders.com/technical-analysis/eurusd-and-gbpusd-bearish-risks-16944/) - A still more negative theme has started to develop through mid-November for both the Euro and GB Pound versus the US currency. EURUSD has remained bearish since the negative shift back in October through the ECB meeting and although more erratic, Cable (GBPUSD) has retained a broader bear bias since August. We still risks for - [AUDUSD and NZDUSD Still Aiming Higher](https://forextraders.com/technical-analysis/audusd-and-nzdusd-still-aiming-higher-26051/) - The Australian and New Zealand Dollars have maintained their bullish tone through mid-April. Having overcome further notable resistance levels versus the US Dollar, the bias is higher for AUDUSD and NZDUSD again through month-end. AUDUSD A resilient, high level consolidation Wednesday after a strong upside follow-through to another new recovery high Tuesday, to build on the aggressive bullish outside Monday - [EURUSD Bases, With Upside Bias; But GBPUSD Bearish Threats Intact, Despite Bounce](https://forextraders.com/technical-analysis/eurusd-bases-with-upside-bias-but-gbpusd-bearish-threats-intact-despite-bounce-45493/) - A surging rally for EURUSD in the wake of the ECB Meeting on Thursday, with a rate cut and expansion of the bond-buying program, with traders left wanting more! The jump in EURUSD close to 1.1000 has created a technical base, to leave a broader range bias for year-end, but with an upside risk. GBPUSD - [AUDUSD and NZDUSD Bear Pressures Intact](https://forextraders.com/technical-analysis/audusd-and-nzdusd-bear-pressures-intact-28526/) - The November plunge lower for both the Australian and New Zealand Dollars versus the US currency have reinforced negative themes, within broader range settings. Furthermore, the with key AUDUSD and NZDUSD supports breached, we see risk for a still more bearish tone through mid-month. AUDUSD A rebound Wednesday to just prod at .7069/74, but another - [G3 Paralysis](https://forextraders.com/technical-analysis/g3-paralysis-26059/) - EURUSD and USDJPY remains caught within erratic ranges in the very near term, with short term (one week) positive US$ corrections. However, we continue to see a weaker US currency into latter October and early November, with the bias for EURUSD higher and USDJPY lower. EURUSD A rebound failure back from our 1.1380/95 resistance area - [EURUSD: Risks stay lower](https://forextraders.com/technical-analysis/eurusd-risks-stay-lower/) - https://www.youtube.com/watch?v=z5w8r5h4mmY Hi there traders this is Steve Miley, the market chartist on behalf of forextraders.com and in this article and video we’re going to take a look at the EURUSD; the Euro against the US dollar spot FX rate on a short term outlook. Well a more negative tone in here - the market selling - [Macroeconomic Outlook and Recap: 07/10/19](https://forextraders.com/technical-analysis/macroeconomic-outlook-and-recap-07-10-19/) - With much of September dominated by geopolitical events, the macroeconomic data came into the spotlight last week. Tuesday saw the US Institute of Supply Management (ISM) Manufacturing Purchasing Managers’ Index come in at 47.8% for September, its lowest reading since 2009. Then Thursday saw the September ISM Non-Manufacturing Index expectation of 55.3, but coming in - [EURUSD Joins GBPUSD in Bullish Shift](https://forextraders.com/technical-analysis/eurusd-joins-gbpusd-bullish-shift/) - A surge higher by EURUSD on Monday in reaction to the French Presidential election result has created an intermediate-term shift and sets the bias higher into late April and through into May. Furthermore, this activity sees the Euro join the GB Pound in a more positive outlook versus the US Dollar, with the GBPUSD previous - [AUDUSD and NZDUSD Bull Trends Damaged](https://forextraders.com/technical-analysis/audusd-and-nzdusd-bull-trends-damaged-71878/) - AUDUSD and NZDUSD Bull Trends Damaged The Australian Dollar and New Zealand Dollar have suffered notable price erosion over the past 1-2 weeks against the US Dollar (from mid-July) to break support levels from intermediate-term bull trends. AUDUSD has moved close to the key .7403 level on Wednesday (27th July) after the FOMC statement, with - [USDCAD Stays Bullish; USDJPY Solid Consolidation](https://forextraders.com/technical-analysis/usdcad-stays-bullish-usdjpy-solid-consolidation/) - A resilient consolidation tone for the US Dollar versus both the Canadian Dollar and the Japanese Yen moving into mid-May. For USDCAD the underlying intermediate-term bullish theme remains very much intact, with the threat into the second half of May for still further significant gains. However, USDJPY has neutralised the intermediate-term bearish theme, for a - [GBPUSD and EURUSD Still Bearish](https://forextraders.com/technical-analysis/gbpusd-and-eurusd-still-bearish-66089/) - Despite recovery efforts by both the GB Pound and Euro versus the US Dollar throughout July, the inability to push above any significant resistances leaves the intermediate theme still very bearish for GBPUSD and EURUSD into the second half of July and for the Summer. The GBPUSD and EURUSD aggressive sell offs after the Thursday - [Euro and GB Pound Stay Bearish (vs. US$)](https://forextraders.com/technical-analysis/euro-and-gb-pound-stay-bearish-vs-us-27375/) - Attempted rebounds by the Euro and GB Pound against the US Dollar since the forceful sell offs in the wake of the Thursday June 23rd Referendum in the UK July, have been lacklustre at best. The failure by EURUSD or GBPUSD to overcome any significant resistances keeps the bearish intermediate themes for these spot rates - [EURUSD and GBPUSD Stay Bullish for July](https://forextraders.com/technical-analysis/eurusd-gbpusd-stay-bullish-july/) - Both EURUSD and GBPUSD retain a bullish outlook on an intermediate-term timeframe into July. In particular, EURUSD continues to threaten significant higher price action in the near term. However, GBPUSD is threatening a corrective setback early this week, before bigger picture bullish pressures likely return into July. EURUSD - Upside threat Despite a setback Friday, ## Forex News - [Forex Market Forecast for March 2026](https://forextraders.com/forex-news/forex-market-forecast-for-march-2026/) - Key Points Middle East Escalation: The killing of Iran’s Supreme Leader Ayatollah Khamenei has sent shockwaves and can be expected to elevate safe-haven demand and lift oil prices. This is a key macro driver, especially for the early part of the month. GBP Pressure: The pound faces continued headwinds as domestic political and economic uncertainty - [U.S. Markets Plunge: Disappointing Employment Data And Technology Stocks Under Pressure](https://forextraders.com/forex-news/u-s-markets-plunge-disappointing-employment-data-and-technology-stocks-under-pressure/) - American equity markets experienced a broad retreat as weak employment figures and renewed selling pressure in technology stocks dampened investor confidence. The S&P 500 trades down 0.84% at 6,859 points, while the Nasdaq 100 suffered a more substantial decline of 2.12%, sitting at 24,798.88 during afternoon trading. Employment Data Reveals Concerning Labor Market Trends The - [Forex Market Forecast for February 2026](https://forextraders.com/forex-news/forex-market-forecast-for-february-2026/) - Key Points Fed Chair Transition: President Donald Trump has nominated Kevin Warsh to succeed Jerome Powell in May. Some analysts view this as a dollar-positive move. Japan’s General Election (February 8): It will be essential to keep an eye on Japan’s early election on February 8, as it could translate to volatility early in the - [Forex Market Forecast for January 2026](https://forextraders.com/forex-news/forex-market-forecast-for-january-2026/) - Key Points Federal Reserve Rate Decision (January 28): Following the 25 basis point cut in December, the Fed is expected to keep interest rates steady at 3.75% in January. The market will be looking for guidance on the path ahead. Bank of Japan Rate Decision (Jan. 23): The BoJ delivers its first policy decision of - [Forex Market Forecast for December 2025](https://forextraders.com/forex-news/forex-market-forecast-for-december-2025/) - Key Points Federal Reserve Rate Decision (December 10): The Federal Reserve rate decision is being closely assessed, with the consensus, including analysts at UOB, now anticipating a 25 basis point (bp) rate cut. Bank of England Rate Decision (December 18): Following the Budget announcement, the probability of a BoE rate cut has increased. Markets are - [Forex Market Forecast for November 2025](https://forextraders.com/forex-news/forex-market-forecast-for-november-2025/) - Key Points Bank of England Rate Decision (November 6): With some market participants pricing in a potential rate cut, the BoE's decision will be the key driver for the GBP. Reuters said in a recent report that current pricing indicates a 40% chance of a 25 basis point cut. U.S. Government Shutdown & Data: The - [Forex Market Forecast For October 2025](https://forextraders.com/forex-news/forex-market-forecast-for-october-2025/) - September 2025 saw the US dollar primarily strengthen against its major peers, with the broader dollar index having gained ground so far (as of September 29), although it has retreated in today’s session due to worries of a US government shutdown. The Federal Reserve's recent rate cut in September, alongside comments from Chair Powell, has - [USD/MXN: Dollar Gains Momentum as Trade Deal Weighs on Peso; Key US Data Looms](https://forextraders.com/forex-news/usd-mxn-dollar-gains-momentum-as-trade-deal-weighs-on-peso-key-us-data-looms/) - The Mexican Peso is trading lower against the U.S. Dollar today, reversing gains seen in the previous week as a confluence of global and domestic factors pressure the currency. The USD/MXN exchange rate currently sits at 18.80. This shift comes as the U.S. Dollar strengthened following the announcement of a trade agreement between the United States - [Dollar Drifts Sideways as Trade Deal Optimism Tempers Gains](https://forextraders.com/forex-news/dollar-drifts-sideways-as-trade-deal-optimism-tempers-gains/) - The U.S. Dollar Index (DXY) is up mildly today, yet remains negative on almost all other near-term timeframes. Hovering around 97.35, cautious optimism surrounding potential trade resolutions between the United States and the European Union, balanced by ongoing concerns about global economic growth and political uncertainty in Japan has set the stage for a day - [Forex Market Forecast for July 2025](https://forextraders.com/forex-news/forex-market-forecast-for-july-2025/) - June 2025 saw continued volatility in FX markets, with the US dollar weakening against most other major currencies (barring the JPY) amid uncertain US trade policy and heightened geopolitical concerns. President Trump's "Liberation Day" tariffs were temporarily reinstated at the end of May, whilst a dramatic flare-up in tensions between Israel and Iran created significant - [US Dollar Hit's Three Year Low as Fed Pressure Amps Up](https://forextraders.com/forex-news/us-dollar-hits-three-year-low-as-fed-pressure-amps-up/) - The U.S. dollar is under intense pressure, hitting a three-year low as markets grapple with the increasing likelihood of aggressive interest rate cuts and the potential for political interference in the Federal Reserve's independence. The Dollar Index (DXY), a measure of the dollar's value against a basket of major currencies, is currently trading at 97.114, - [GameStop Shares Soar More Than 100% After Management Reshuffle](https://forextraders.com/forex-news/gamestop-shares-soar-more-than-100-after-management-reshuffle/) - Thursday the 25th of February GameStop is back! Shares in the US retailer doubled in value on Wednesday as an overhaul of the management team brought the stock back to the attention of its global fan base. Interest is building, and the wild price swings may have some way to run, thanks to comments that - [eToro Brings Bitcoin to Football](https://forextraders.com/forex-news/etoro-brings-bitcoin-to-football/) - - Seven Premier League clubs to be paid in cryptocurrency in landmark partnership deals with eToro - Global investment platform eToro has launched partnerships with seven Premier League clubs including Tottenham Hotspur in landmark deals paid using bitcoin. eToro will partner with Brighton & Hove Albion F.C., Cardiff City F.C., Crystal Palace F.C., Leicester City - [Introducing Top eToro Popular Investor Stephen Bliss](https://forextraders.com/forex-news/introducing-top-etoro-popular-investor-stephen-bliss/) - Stephen Bliss is a burger-van owner by day, and a top Popular Investor on global trading platform eToro by night. The crypto-crazy 34-year old manages assets worth around $6 million, and almost 5,000 investors match his trades using the unique CopyTrader tool. Bliss – whose eToro username is stebliss – enjoyed incredible gains of 893.16 - [USD/NGN - Naira Strengthens in Recent Weeks, Bearish YTD](https://forextraders.com/forex-news/usdngn-naira-strengthens-though-remains-weak-ytd-against-dollar/) - The USD/NGN exchange rate currently hovers around 1,555 naira per US dollar, with the USD having gained close to 5% against the Nigeria Naira over the past 12 months. The year-to-date performance reveals a 1.16% increase, indicating a general strengthening of the US dollar against the naira, albeit with significant peaks and troughs, including the - [GBPINR: Analysis and Projections for 2025](https://forextraders.com/forex-news/gbpinr-analysis-and-projections-for-2025/) - The GBP/INR exchange rate is currently perched at a significant juncture, trading at ₹116.311 as of June 5. This level represents a multi-month high and reflects a robust 8.2% gain for the British Pound against the Indian Rupee year-to-date. The pair has demonstrated a clear upward trajectory, advancing approximately 1% over the past week alone, - [Japanese Yen Surges Against US Dollar Amid Policy Shifts and Market Volatility](https://forextraders.com/forex-news/japanese-yen-surges-against-us-dollar-amid-policy-shifts-and-market-volatility/) - The Japanese Yen has recently experienced a notable resurgence against the US Dollar, a move propelled by a confluence of factors ranging from evolving Bank of Japan (BoJ) policy expectations to global risk sentiment. The USD/JPY exchange rate today has risen to 143.272, yet recent trends are undeniably bearish on USD. While the pair has - [Forex Market Forecast for June 2025](https://forextraders.com/forex-news/forex-market-forecast-for-june-2025/) - Forex markets in May 2025 were largely defined by the ongoing saga surrounding US trade policies and their impact on the dollar. The USD itself began to show some strength before more recently pulling back, with a US trade court initially ruling against President Trump's tariffs. While they have been temporarily reinstated in light of - [Forex Market Forecast for May 2025](https://forextraders.com/forex-news/forex-market-forecast-for-may-2025/) - As expected, April 2025 proved to be a volatile month for the forex markets, largely dominated by the weakening US dollar. The decline was fuelled by growing concerns about the US economic outlook under President Trump's policies, particularly his aggressive tariff implementations, and increasing doubts regarding the Federal Reserve's independence. The euro benefited from the - [Forex Market Forecast for March 2025](https://forextraders.com/forex-news/forex-market-forecast-for-march-2025/) - February 2024 saw some strong moves in the forex market, especially for the US dollar. Even on the day this article was written, the currency made strong gains, although this is somewhat against the overall trend during the month, influenced by evolving expectations of Federal Reserve policy, and the uncertainty of President Trump’s policies. The - [Forex Market Forecast for February 2025](https://forextraders.com/forex-news/forex-market-forecast-for-february-2025/) - January 2024 has seen continued volatility in the forex markets. The US dollar was somewhat mixed, showing some weakness later in the month. The Federal Reserve kept rates on hold, and said it is not in a hurry to lower rates. After declining in the early part of the month, the euro clawed back its - [Forex Market Forecast for January 2025](https://forextraders.com/forex-news/forex-market-forecast-for-january-2025/) - With the year drawing to a close and the “Santa rally” not materialising, investors will now be looking for the next big moves as January gets underway. However, be aware that things may not fully get going until the week beginning January 6. Here's what to watch this month: The USD: The Federal Reserve cut - [Foreign Currency Exchange: The Basics](https://forextraders.com/forex-news/foreign-currency-exchange-the-basics-42262/) - The world of foreign currency trading might have great appeal, but you should be aware of the risks before starting to trade The world of foreign currency exchange is so big, it is sometimes hard to grasp. With daily trading volumes of $3.5 trillion(!) - it is considered the world’s biggest market. While the basic - [Forex Market Forecast for December 2024](https://forextraders.com/forex-news/forex-market-forecast-for-december-2024/) - With the US election complete and Q3 earnings season drawing to a close, eyes are now turning to December and interest rates, with several major central banks set to decide on their latest interest rate moves, including the Bank of England, European Central Bank, Federal Reserve and Bank of Japan. Here's what to watch: Inflation: - [Forex Market Forecast for November 2024](https://forextraders.com/forex-news/forex-market-forecast-for-november-2024/) - With volatility on the rise as we head into the US election on November 5, the USD has strengthened significantly against the other major currencies in October. Going into November, the election will take centre stage as investors will assess who wins and what it means for the market. Here's what to watch: The US - [Forex Market Forecast for October 2024](https://forextraders.com/forex-news/forex-market-forecast-for-october-2024/) - With the US Federal Reserve decision behind us (they cut rates by 50 basis points), October will see a shift in focus towards other central banks and political matters, alongside economic data releases. Here's what to watch: The European Central Bank (ECB) meets on October 17th. Will they maintain their current stance, or will the - [Forex Market Forecast for September 2024](https://forextraders.com/forex-news/forex-market-forecast-for-september-2024/) - With the Federal Reserve hinting at a rate cut, the questions now are how fast and by how much? Here are the key points to watch in September: On September 18, the Fed will announce its interest rate decision, with investors eagerly awaiting a rate cut. September is considered a month when the dollar performs - [Forex Market Forecast for August 2024](https://forextraders.com/forex-news/forex-market-forecast-for-august-2024/) - While investors focused on countries such as the US and UK are awaiting and anticipating rate cuts, the Bank of Japan has just raised its key short-term interest rate again. Here are the key points to watch in August: On August 1 there is a Bank of England interest rate decision, with the consensus expecting - [Forex Market Forecast for July 2024](https://forextraders.com/forex-news/forex-market-forecast-for-july-2024/) - Interest rates in Europe were cut in June, while the BoE is expected to push its rate cut back until after the UK election. For the US, one cut is indicated this year, and now the question is when it will arrive. As a result, could we see US dollar strength in the near term? - [Forex Market Forecast for June 2024](https://forextraders.com/forex-news/forex-market-forecast-for-june-2024/) - The question going into June is when central banks in the US, UK, and Europe will move to cut rates. Given the recent hotter-than-expected inflation data in the US, investors have had to reconsider when the first cut will arrive and how many (if any) there will be this year. Here are some key aspects - [Forex Market Forecast for May 2024](https://forextraders.com/forex-news/forex-market-forecast-for-may-2024/) - As we head into May, whether the US Federal Reserve will or won’t cut interest rates this year has been a primary topic, especially following the latest inflation data. With some traders speculating that the Fed won’t cut rates, we saw the USD gain some ground in April. However, with an interest rate decision coming - [USD/JPY Trading Near Multi-Decade Highs](https://forextraders.com/forex-news/usd-jpy-on-the-verge-of-hitting-multi-decade-highs/) - The Bank of Japan (BoJ) increased its Policy Rate to +0.00%/0.10% in March, pulling the rate out of negative territory. While many, including the Research Team at FP Markets, expected the Japanese yen (JPY) to rally on the back of this, we instead witnessed a fall in the currency, consequently drawing the USD/JPY higher. Many - [Forex Market Forecast for April 2024](https://forextraders.com/forex-news/forex-market-forecast-for-april-2024/) - As we head into April, assessing how the economy is fairing and what could shake up the forex market is important for traders. By keeping an eye on economic data and chart movements, we can get a better handle on what might unfold in the forex markets for the month ahead and what to watch - [GBPUSD: Sterling Stumbles After Bank of England Meeting](https://forextraders.com/forex-news/gbpusd-sterling-stumbles-after-bank-of-england-meeting/) - The GBPUSD currency pair faced another wave of selling pressure as the Bank of England (BoE) hinted at an easing cycle on the horizon, exacerbating the British pound's weakening trend. The monetary authority, which held interest rates steady on Thursday, took markets by a surprise by signalling the advent of rate cuts in the - [NZDUSD Close to 2023 Lows](https://forextraders.com/forex-news/nzdusd-close-to-2023-lows/) - The New Zealand Dollar (NZD) is currently balanced on a delicate fulcrum against the US Dollar (USD). NZDUSD is reeling close to the lows that haven't been seen since late 2023. The currency pair's proximity to these levels signals a heightened sensitivity to the ongoing concerns regarding U.S. interest rates, particularly as traders grapple - [USDZAR Retreats Amid Monetary Policy Shifts](https://forextraders.com/forex-news/usdzar-retreats-amid-monetary-policy-shifts/) - In early trading on Tuesday, USDZAR felt the pressure of an intensifying global financial environment as the U.S. dollar gained strength, resulting in a dip for the South African Rand. Market participants are treading cautiously ahead of the Federal Reserve's imminent monetary policy decision, an event that invariably sends ripples across worldwide currency valuations. - [Bank of Japan Raises Interest Rates, Ending an Era of Negative Yields](https://forextraders.com/forex-news/bank-of-japan-raises-interest-rates-ending-an-era-of-negative-yields/) - After maintaining a negative interest rate policy for eight years, the Bank of Japan (BoJ) has shifted gears by raising the benchmark interest rate into a positive range of 0% to 0.1%. This move marks a historical pivot for the central bank, as it represents the first rate increase by the BoJ in 17 - [Trading The 'Gopher' - USD/JPY Eyes Central Bank Decisions Amidst Battle Lines Close](https://forextraders.com/forex-news/trading-gopher-usdjpy-this-week/) - In the very fabric of the foreign exchange market, anticipation can cause as much movement as action itself. The USD/JPY currency pair unveils a scenario that portrays the economic interplay between subtle cues and significant proceedings, weaving a tale of expectation and pre-emptive market behaviour. Current market projections for the USD/JPY pair demonstrate a modest - [USDBRL Momentum Swings On Jobs Report](https://forextraders.com/forex-news/usdbrl-news-jobs-report-pushes-brazil-positive/) - In an unexpected yet welcome economic development, Brazil has left market expectations far behind by creating an astonishing 180,395 formal jobs in January. This figure was shared by the labour ministry and represents a figure double the number initially forecasted by economists, who had predicted a much more modest sum of 90,000 jobs. The labour - [Forex Market Forecast for March 2024](https://forextraders.com/forex-news/forex-market-forecast-for-march-2024/) - With US inflation rising more than expected in January, traders and analysts have had to reassess their view on the potential rate-cutting cycle this year. Meanwhile, the UK fell into a technical recession, but retail sales jumped in January. Everything seems to be a bit up in the air at the moment, although the AI-led - [Recent Trends in USDMXN](https://forextraders.com/forex-news/recent-trends-in-usdmxn/) - The USDMXN currency pair, represents the exchange rate between the US Dollar and the Mexican Peso. It has seen fluctuating dynamics in recent times, influenced by a myriad of economic factors and market sentiments. As of February 27, 2024, the pair opened at a rate of 17.1129, reaching a high of 17.1446 and a low - [The Gold Price Surge and Predictions for 2024](https://forextraders.com/forex-news/the-gold-price-surge-and-predictions-for-2024/) - Gold has long been regarded as a stable investment and a hedge against economic uncertainty. In 2024, the gold market has witnessed significant developments influenced by various economic factors and market cycles. Analysts have observed a dominant 72-day cycle in the gold market, affecting its pricing and investment strategy. Recent analyses suggest a correction - [The Rising Tide of USDSEK](https://forextraders.com/forex-news/the-rising-tide-of-usdsek/) - The USDSEK currency pair has experienced a notable ascent, marking a 3.86% increase from January 1 to February 9, 2024. This movement is attributed to a confluence of fundamental factors, technical analysis insights, and future forecasts that suggest a continued upward trajectory. Starting the year slowly, the USDSEK pair reached a low of 10.0672 - [Oil Market Dynamics: Insights from OPEC's February Report](https://forextraders.com/forex-news/oil-market-dynamics-insights-from-opecs-february-report/) - The oil market in 2024 is anticipated to face a complex set of dynamics influenced by global economic activities, geopolitical tensions, and production adjustments. Key insights from various analyses highlight a generally bearish outlook with some potential for price fluctuations due to unforeseen factors. In this article we analyse the insights highlighted in February's OPEC - [The Best and Worst Performing Currency Pairs in January 2024](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-january-2024/) - With economic and geopolitical concerns picking up once again in January (yes, it does feel like it's chopping and changing every month), the USD made the most substantial gains and features heavily in the January 2024 list. Meanwhile, the GBP had a solid month. USDJPY +4.71% The yen strength seen in November and December didn’t - [The Dynamics of USD/ZAR in Early 2024](https://forextraders.com/forex-news/the-dynamics-of-usd-zar-in-early-2024/) - The USD/ZAR forex pair has experienced notable fluctuations in early 2024. It was influenced by various economic and geopolitical factors. As of January 2024, the USD/ZAR price has demonstrated some stability, yet with significant movements. Key Price Levels USD/ZAR reached a high of 19.2069 on 22 January It reached a low of 18.2934 on 12 - [CADCHF: Central Bank Policies and Projections for 2024](https://forextraders.com/forex-news/cadchf-central-bank-policies-and-projections-for-2024/) - The CADCHF currency pair represents the exchange rate between the Canadian Dollar and the Swiss Franc. It serves as a unique barometer for contrasting economic health and investor sentiment towards two very different economies. Canada is heavily reliant on commodity exports such as oil, positions the Canadian Dollar as a 'commodity currency.' Its value - [JPY Weakens Against Major Currencies in January](https://forextraders.com/forex-news/jpy-weakens-against-major-currencies-in-january/) - The Japanese Yen (JPY) is the third most traded currency. It's value showcases a complex interplay of economic strategies, market reactions, and governmental interventions. Recent developments highlight Japan's intricate dance with monetary policies and market forces. This reflects both challenges and strategic responses that could shape its trajectory in the international currency landscape. The JPY - [AUD Weakens in January - Here's Why](https://forextraders.com/forex-news/aud-weakens-in-january-heres-why/) - The Australian Dollar (AUD) has shown mixed performance against several major currencies throughout January 2024. Despite a general optimism for the AUD's value increase by the end of the year from major Australian banks, the currency faced challenges influenced by both domestic and international factors. Key Events and Fundamental Factors Economic Predictions and Chinese - [NZD Losing Ground to Major Rivals - Here's Why](https://forextraders.com/forex-news/nzd-losing-ground-to-major-rivals-heres-why/) - The strength of the New Zealand Dollar (NZD) has been badly affected recently. NZD performance vs USD, CAD, and CHF, has been impacted by a combination of domestic and international factors. This trend was seen throughout 2023 and this has broadly continued to be the case in early 2024. January has seen a drop - [GBPINR: Analysis and Projections for 2024](https://forextraders.com/forex-news/gbpinr-analysis-and-projections-for-2024/) - The GBPINR (British Pound to Indian Rupee) exchange rate has seen notable fluctuations and trends in recent weeks. The context here is strategic movements against the backdrop of global economic shifts. As of late, the GBP to INR exchange rate tested one-month highs around the 103.6849 mark. This is evidence of Sterling's resilience against - [The Dynamics of EURHUF in January 2024](https://forextraders.com/forex-news/the-dynamics-of-eurhuf-in-january-2024/) - Throughout January 2024, the EURHUF forex pair experienced notable fluctuations. This was reflected in various economic factors and market sentiments. January saw the Euro ranging between a high of 389.34 Hungarian Forints (HUF) on January 29th and a low of 377.65 HUF on January 8th. This volatility illustrates the currency pair's response to economic developments - [USDPHP Trends and Projections for 2024](https://forextraders.com/forex-news/usdphp-trends-and-projections-for-2024/) - The USDPHP (US Dollar to Philippine Peso) trading pair has been a subject of interest for investors and financial analysts. Particularly in light of recent developments and forecasts for 2024. The USD/PHP forex pair has shown relative stability, historically fluctuating within a defined range. However, the upcoming year presents a nuanced outlook, influenced by various - [Forex Market Forecast for February 2024](https://forextraders.com/forex-news/forex-market-forecast-for-february-2024/) - So we are a month into 2024, and, well, not too much has changed so far. Equities are rising, but various geopolitical and economic concerns have stopped the risk-associated currencies from rallying. Here are some key points to consider for February: As we mentioned last month, continue to assess how geopolitical tensions are impacting the - [AUDCHF Trading Analysis: Insights into the Australian Dollar and Swiss Franc Pair](https://forextraders.com/forex-news/audchf-trading-analysis-insights-into-the-australian-dollar-and-swiss-franc-pair/) - The Australian Dollar and Swiss Franc (AUDCHF) currency pair has shown interesting developments recently. Technical analysis reveals that the AUDCHF has been trading within a key technical confluence zone. This is critical for understanding potential market movements. AUDCHF Technical Analysis Currently, the AUDCHF is exhibiting signs of a downtrend. Indicated by lower lows and - [GBPJPY: Navigating a Turbulent January 2024](https://forextraders.com/forex-news/gbpjpy-navigating-a-turbulent-january-2024/) - The GBPJPY exchange rate has experienced a notable journey in January 2024. It began the month at a low of 179.17 on January 2, 2024, but surged to a high of 188.476 on January 19, 2024. This was the highest level since August 2015​​​​. This rise was largely due to a bullish bounce, as - [The Federal Reserve's 2024 Rate Cut Predictions and Impact](https://forextraders.com/forex-news/the-federal-reserves-2024-rate-cut-predictions-and-impact/) - Let's take a look at likely movements in USD, where the Federal Reserve (Fed) is again set to take centre stage. After nearly two years of increasing the federal funds rate, the Federal Reserve (Fed) is expected to pivot its monetary policy in 2024. This anticipated change reflects the central bank's response to evolving economic - [EUR/USD Market Dynamics Amid ECB and Fed Policies: A Weekly Overview](https://forextraders.com/forex-news/eur-usd-market-dynamics-amid-ecb-and-fed-policies-a-weekly-overview/) - Central bank policies, particularly those of the ECB, are pivotal in shaping the EUR/USD exchange rate. The ECB is expected to maintain a hawkish tone, signalling no imminent interest rate cuts. With inflation risks resurging, this stance is likely to be reinforced. The Eurozone's struggle with high inflation and economic slowdown for over 18 months - [Sideways Market in Crude Oil Offers Important Trading Opportunities](https://forextraders.com/forex-news/sideways-market-in-crude-oil-offers-important-trading-opportunities/) - Oil prices are moving sideways (see chart below) following a runup in the spring of 2023 and a decline during Q2 2023. The sideways price action reflects the market absorbing new information as it bumps along the recent lowest levels seen during the past 12 months. Prices faced headwinds in early January 2024, as Saudi - [Market Report – 8th January 2024](https://forextraders.com/forex-news/market-report-8-january-2024/) - US inflation numbers are set to outline prospects of interest rate cuts by the Fed. Price data reports are to follow a better-than-expected jobs report last Friday. The UK GDP data for November could result in GBPUSD continuing to outperform other major currency pairs. Bullish sentiment in the forex markets came undone on Friday after - [Forex Market Forecast for January 2024](https://forextraders.com/forex-news/forex-market-forecast-for-january-2024/) - We are a little late with this article, but even after one day of trading in 2024, it's easy to see how unpredictable the market can be. Geopolitical concerns have started to rise again over the past few days, with an escalation in tensions, resulting in the safe haven US dollar making strong gains on - [The Best and Worst Performing Currency Pairs in December 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-december-2023/) - The easing of macroeconomic and geopolitical concerns, as well as traders pricing in potential rate cuts next year, resulted in the US dollar seeing some weakness during December, making it into three of the top four moving pairs during the month. USDARS Firstly, a special mention for the US dollar against the Argentine peso. The - [Market Report – 2nd January 2024](https://forextraders.com/forex-news/market-report-2-january-2024/) - The US Non-Farm Payroll jobs report is due out on Friday. Analysts suggest wage growth and job creation could both be slowing down. The Eurozone CPI inflation report and Fed Minutes will offer insight into the approach central bankers might take regarding interest rates. The coming week may be foreshortened by exchanges being closed for - [Future of GBP/USD Post UK Inflation Decline](https://forextraders.com/forex-news/future-of-gbpusd-post-uk-inflation-decline/) - This is a guest post by Rania Gule, Market Analyst at XS.com The GBP/USD pair dropped below the 1.2680 level, starting Thursday's trading at 1.2634, following a lower-than-expected reading of the UK Consumer Price Index. This led to a decline in the British Pound against the US Dollar. Sterling had the weakest performance among major - [Declining German Producer Prices Pushes the Euro to Further Decline](https://forextraders.com/forex-news/declining-german-producer-prices-pushes-the-euro-to-further-decline/) - This is a guest post by Samer Hasn, Market Analyst and part of the Research Team at XS.com After achieving some early gains this morning, the euro reflected its path and a decrease against the dollar (EUR/USD) by 0.16%. Euro declines today comes amid a mixture of data that indicated more disinflation in conjunction with - [The Price of Oil is Near $70 Despite OPEC+ Production Cuts!](https://forextraders.com/forex-news/the-price-of-oil-is-near-70-despite-opec-production-cuts/) - This is a guest post by Rania Gule, Market Analyst at XS.com Crude oil is being traded at around $73.00 during Tuesday's sessions following disappointing results from the OPEC+ meeting. The internal division among oil-producing nations was significant, and the outcome did not align with market expectations for boosting oil prices. Meanwhile, the United States - [Market Report – 18th December 2023](https://forextraders.com/forex-news/market-report-18-december-2023/) - The major currency pairs enter year-end trading mid-range in long-term price channels. The European, US, and UK data reports due to be released will shed light on the global economy’s health. The Bank of Japan will decide on its interest rate policy. The run-up to the end of 2023 will allow forex traders time to - [Market Report – 11th December 2023](https://forextraders.com/forex-news/market-report-11-december-2023/) - The US, UK, and Eurozone central banks will update the markets on interest rate policies. US inflation and UK unemployment data due on Tuesday will set the tone for the bankers’ announcements. Manufacturing sentiment reports round off a busy week in terms of news flow. All eyes will be on the officers of three major - [The Best and Worst Performing Currency Pairs in November 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-november-2023/) - After October saw strong gains in the US dollar, the easing of macroeconomic and geopolitical concerns saw risk assets make solid gains during the month. The US dollar was, of course, a loser against many of those risk assets and makes a regular appearance in this month’s list of best and worst-performing currencies. USDSEK -7.12% - [Market Report – 4th December 2023](https://forextraders.com/forex-news/market-report-4-december-2023/) - The US Non-Farm Payrolls unemployment report will form the cornerstone of the week’s trading activity. The key data from China (PMI) and Australia (interest rate decision) will also be on traders’ minds. The corporate calendar is quieter but there are enough key data points due out to help traders establish how long the current bull - [Risk is back on: forex traders go for euro and others](https://forextraders.com/forex-news/risk-is-back-on-forex-traders-go-for-euro-and-others/) - The new foreign exchange trading week seemed to indicate an ushering back in of risk after a few days of unusual market behaviour. The single European currency seemed to be back in demand on Monday morning, at least to enough of a degree that it could hold firm against others. According to some media reports, - [Currencies rise in Asia as coronavirus slows down](https://forextraders.com/forex-news/currencies-rise-in-asia-as-coronavirus-slows-down/) - A noted decrease in the amount of new coronavirus cases caused investors in Asia to breathe a sigh of relief on Tuesday and into Wednesday. According to statistics released in the Chinese province of Hubei, only 1,068 new cases were confirmed on Tuesday – which reflects the smallest overall number of cases since the end - [The forex market on Friday: what’s on?](https://forextraders.com/forex-news/the-forex-market-on-friday-whats-on/) - Now that this foreign exchange week is coming to an end, it’s time to see what’s in store over the course of Friday and the weekend – and on into early next week. Today (Friday), there will be a number of major events, including the European Council’s summit on Brexit. Boris Johnson, the UK’s Prime - [Is There Enough Coffee on the Market?](https://forextraders.com/forex-news/is-there-enough-coffee-on-the-market/) - This is a guest post by Milad Azar, Market Analyst at XTB MENA. The commodities market is primarily associated with oil, gas or also gold. When it comes to this group, we also often talk about grains, but it is far less common to talk about coffee, although this is a big mistake, as the - [Forex Market Forecast for December 2023](https://forextraders.com/forex-news/forex-market-forecast-for-december-2023/) - With macroeconomic worries easing and geopolitical concerns fading (somewhat), currencies generally associated with risk on moves have moved higher, especially during the last couple of weeks. For example, the GBPUSD is up 4% in the last month, now trading at over 1.26 at the time of writing. However, traders shouldn’t get too carried away. As - [Market Report – 27th November 2023](https://forextraders.com/forex-news/market-report-27-november-2023/) - US GDP report due out on Wednesday US Fed’s favoured inflation report, the US PCE follows on Thursday Asian markets set to be steered by release of a range of Japanese reports and China’s PMI reading The risk-on approach adopted by investors through November took a break last week as forex prices consolidated in the - [Market Report – 20th November 2023](https://forextraders.com/forex-news/market-report-20-november-2023/) - The minutes of the last meeting of the Federal Reserve FOMC are due out on Wednesday. They will offer an insight into the approach adopted by central banks. The US Thanksgiving holiday on Thursday can be expected to result in a quiet close to the trading week. The coming trading week will be foreshortened by - [Market Report – 13th November 2023](https://forextraders.com/forex-news/market-report-13-november-2023/) - CPI and PPI inflation data are to be released and will offer an insight into the health of the US economy. Sterling currency pairs are also likely to respond to UK inflation and GDP data releases. Japan’s GDP report is due out on Tuesday. After two relatively quiet weeks in terms of economic reports, things - [Gold Price Outlook Amid Rising Risk Appetite in the Markets](https://forextraders.com/forex-news/gold-price-outlook-amid-rising-risk-appetite-in-the-markets/) - This is a guest post by Rania Gule, Market Analyst at XS.com The price of gold (XAU/USD) continues to decline for the second consecutive day today, Tuesday, amid the recovery of the US dollar, rebounding from its lowest level since September 20, which it touched yesterday, pushing gold to its lowest level in almost two - [USD Rebounds Despite Softer Policy Expectations](https://forextraders.com/forex-news/usd-rebounds-despite-softer-policy-expectations/) - This is a guest post by Vikas Lakhwani, Chief Revenue Officer at CPT Markets The US dollar continues its rebound after the selloff that followed the Federal Reserve’s meeting last week. Some doubts persist regarding the end of the current rate hike cycle, however, expectations lean toward a softer monetary policy, especially following the release - [Market Report – 6th November 2023](https://forextraders.com/forex-news/market-report-6-november-2023/) - Risk appetite returns as investors weigh up the chances of interest rates having peaked. Australia’s interest rate decision on Tuesday will offer further clues regarding the approach taken by central banks. UK GDP figures due on Friday will shed light on the health of the global economy. The release last week of the US Non-Farm - [The Best and Worst Performing Currency Pairs in October 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-october-2023/) - October was a month of constant macroeconomic and geopolitical uncertainty, which led to investors flocking to safe haven assets. However, what is surprising is the rise in the Russian ruble during the month, with the currency making solid gains against the euro and US dollar. EURRUB -5.41% The rise in the Russian dollar may be - [Forex traders eye Fed meeting](https://forextraders.com/forex-news/forex-traders-eye-fed-meeting/) - This is a guest post by Ralph Ratterman, Board Member and Asset Manager at DHF Capital S.A. The U.S. Dollar Index remained steady, stabilizing after its gains yesterday. The resilience of the U.S. economy could continue to bolster the dollar's appeal while other economies see more challenges. Traders are turning their attention to the Federal - [BoJ Moves Markets, Traders Await Fed](https://forextraders.com/forex-news/boj-moves-markets-traders-await-fed/) - This is a guest post by Denys Peleshok, Head of Asia at CPT Markets The US dollar continued to record volatile trading and saw some pressure for the last three trading sessions. While it saw significant price swings, the US currency remained without clear direction for most of this month. The dollar could stay that - [Technical Market Insight: Week Ending 3 November](https://forextraders.com/forex-news/technical-market-insight-week-ending-3-november/) - This is a guest post by Aaron Hill, Market Analyst at FP Markets The Dollar Index Remains Firm The buck ended the week eking out a moderate gain (+0.40%), according to the US Dollar Index. You will note on the weekly scale (not shown below) that the chart has been rangebound since late September, creating - [Market Report – 30th October 2023](https://forextraders.com/forex-news/market-report-30-october-2023/) - US Non-Farm Payrolls jobs report dominates the coming week Central banks in the US, Japan, and UK also update on interest rates Eurozone and Germany GDP and inflation data due to be released Heightened levels of price volatility look set to persist in the forex markets this week as a range of important news announcements - [Forex Market Forecast for November 2023](https://forextraders.com/forex-news/forex-market-forecast-for-november-2023/) - The conflict in the Middle East resulted in a surge for safe haven currencies during October, with the US dollar and Swiss franc the primary beneficiaries. As we look to November, the near-term uncertainty should see that trend continue. However, any notion of tension cooling could see risk-associated currencies such as the GBP rally. Another - [Market Report – 23rd October 2023](https://forextraders.com/forex-news/market-report-23-october-2023/) - ECB interest rate decision is the big data point for major forex pairs. Unemployment, GDP, and inflation data from the US, UK, and Eurozone are also due this week. US earnings season moves into top gear with Microsoft, Apple, and Amazon among the firms updating investors on their trading records last quarter. After a relatively - [Market Report – 16th October 2023](https://forextraders.com/forex-news/market-report-16-october-2023/) - Increased volatility expected in sterling-based currency pairs. Key data on UK inflation and unemployment set to be released. Bellwether stock Tesla due to share its quarterly earnings as investors react to US inflation news. Netflix, Johnson & Johnson and big US banks due to update investors as earnings season gathers pace. Last week’s US CPI - [Market Report – 9th October 2023](https://forextraders.com/forex-news/market-report-9-october-2023/) - The release of Fed minutes and US CPI inflation data will offer insight into the likelihood of further interest rate rises before the end of the year. Those announcements come as increased volatility in the market provides trading opportunities for both bulls and bears. Chinese inflation data and UK GDP figures are also due to - [Market Report – 2nd October 2023](https://forextraders.com/forex-news/market-report-2-october-2023/) - The US Non-Farm Payroll jobs report due on Friday is the key data point of the coming week. Analysts predict payrolls will fall to 150,000 from 187,000 last month and the unemployment rate to hold at 3.8%. Average hourly earnings are expected to increase 0.3% month-on-month. Any deviation from those forecasts can be expected to - [The Week Ahead – 25th September 2023](https://forextraders.com/forex-news/the-week-ahead-25-september-2023/) - FOCUS ON: Eurozone inflation report prepares to offer a signal to the markets. Reports this week focus on the underlying condition of the global economy A variety of data releases could trigger moves in euro currency pairs Stock traders will keenly watch US PCE inflation report due on Friday After the excitement of last week’s - [The Week Ahead – 18th September 2023](https://forextraders.com/forex-news/the-week-ahead-18-september-2023/) - FOCUS ON: US Fed, Bank of England, and Bank of Japan to make Interest Rate Announcements Busy week for Central Banks after inflation news out of the US last week came in hotter than expected Prices in many markets now at key support/resistance levels Potential for upcoming comments from Central Bank leaders to trigger new - [The Week Ahead – 11th September 2023](https://forextraders.com/forex-news/the-week-ahead-11-september-2023/) - FOCUS ON: ECB and US Inflation Announcements Could Trigger Price Moves CPI Inflation news due out of the US on Wednesday will offer an insight into the health of the US economy Thursday’s ECB interest rate announcement will impact market mood There is a potential for markets to form new trends Traders are split on - [The Week Ahead – 4th September 2023](https://forextraders.com/forex-news/the-week-ahead-4-september-2023/) - FOCUS ON: Quiet News Week Leaves Room for Technical Indicators to Guide Price Moves Closure of US exchanges on Monday for Labor Day sets tone for a quieter week of news announcements Canadian and Australian central banks to set interest rates Purchasing Managers Index (PMI) will provide clues on health of the US economy Last - [The Best and Worst Performing Currency Pairs in August 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-august-2023/) - The increase in uncertainty in August resulted in the “king dollar” making solid gains during the month despite risk sentiment shifting in the second half of the month. As a result, the USD is a prominent player in this August forex movers review. Elsewhere, the Russian ruble continued to weaken against the greenback. USDZAR +7.02% - [The Week Ahead – 29th August 2023](https://forextraders.com/forex-news/the-week-ahead-29-august-2023/) - FOCUS ON: Traders Prepare for Collection of Big News Announcements Investors and traders prepare for batch of important news announcements Key US Non-Farm Payroll jobs data due on Friday Inflation, GDP, and sentiment reports are released throughout the week Investors and traders face a busy week in terms of news announcements. The US Non-Farm Payroll - [The Week Ahead – 21st August 2023](https://forextraders.com/forex-news/the-week-ahead-21-august-2023/) - FOCUS ON: Jackson Hole Symposium and PMI Reports Jackson Hole Symposium starts Thursday Central bankers convene at a time when investors are showing signs of losing risk appetite Range of PMI reports likely to trigger price moves The Jackson Hole Symposium can be expected to shed light on the ideas of the world’s central bankers. - [The Week Ahead – 14th August 2023](https://forextraders.com/forex-news/the-week-ahead-14-august-2023/) - FOCUS ON: Reports Due on Underlying Economic Situation Inflation, unemployment, and sentiment reports due out in the UK, Eurozone, and Japan Minutes of the US Federal Reserve’s last meeting also due to be released Key technical support/resistance levels coming into play The coming week sees the release of reports on the underlying health of the - [The Week Ahead – 7th August 2023](https://forextraders.com/forex-news/the-week-ahead-7-august-2023/) - FOCUS ON: Quiet News Week After Period of Intense Activity Earnings season draws to a close. CPI and GDP reports due in what is set to be a relatively quiet news week. Technical analysis indicators and price levels set to play more influential role. After a fortnight of intense news flow, things quieten down this - [The Best and Worst Performing Currency Pairs in July 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-july-2023/) - The significant Turkish lira weakness in June continued in July, although it slowed, while the Australian dollar continued to falter against the safe haven of the Swiss franc. Furthermore, the Norwegian Krone made strong moves against the greenback. These are the biggest movers in July: USDNOK -4.92% After climbing throughout most of this year, the - [Forex Market Forecast for August 2023](https://forextraders.com/forex-news/forex-market-forecast-for-august-2023/) - While the first half of July began as predicted, with US dollar weakness, the second half saw the US dollar make substantial gains, and the recent comments from Federal Reserve Chair Powell may see those gains continue in the near term. Elsewhere, the GBPUSD hit a high of over 1.31 in July, while the EURUSD - [The Week Ahead – 31st July 2023](https://forextraders.com/forex-news/the-week-ahead-31-july-2023/) - FOCUS ON: US Jobs Report Set to Cap Off a Busy News Week July US Non-Farm Payrolls jobs report due on Friday Tech giants Apple and Amazon update investors on recent earnings Euro GDP data due on Monday is also likely to trigger increases in price volatility Traders face a busy news week that will - [The Week Ahead – 24th July 2023](https://forextraders.com/forex-news/the-week-ahead-24-july-2023/) - FOCUS ON: Earnings Season and Central Bank Rate Decisions Big names, including Microsoft, take their turn to update investors during the US earnings season. US and Eurozone central banks are to update markets on interest rate policy. A selection of key inflation and sentiment reports will also be released. Traders face a busy news week - [The Week Ahead – 17th July 2023](https://forextraders.com/forex-news/the-week-ahead-17-july-2023/) - FOCUS ON: Earnings Season and UK Inflation Data Increased appetite for stocks, euro, and sterling triggered by low US inflation numbers Earnings season continues with big US banks and Tesla preparing to update investors UK CPI inflation report due Wednesday The extended summer break, which often results in quieter markets, still looks some way off. - [The Week Ahead – 10th July 2023](https://forextraders.com/forex-news/the-week-ahead-10-july-2023/) - FOCUS ON: US-China, Inflation, Dovish Guidance Last week’s Non-Farm Payroll jobs increased the levels of uncertainty in financial markets. This week’s US-China talks will add to macroeconomic tensions. US inflation data due on Wednesday will give more of a clue as to the next move by the Fed. Macroeconomic and geopolitical trends look set to - [The Best and Worst Performing Currency Pairs in June 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-june-2023/) - The forex market in June was dominated by moves in the Turkish lira and Russian rubble, which both weakened significantly against their more well-known and well-traded counterparts. These are the biggest movers in May: EURTRY +26.2% The EURTRY had an enormous run higher in June, climbing to a high of 28.3864. The Turkish currency had - [Forex Market Forecast for July 2023](https://forextraders.com/forex-news/forex-market-forecast-for-july-2023/) - The second half of June has seen economic worries creep back into markets, with equities moving lower and risk-off-associated currencies making some gains. However, those worries have once again quickly dissipated, with US and European inflation continuing to edge lower. The US also held rates steady in June. Looking to July, we have an RBA - [The Week Ahead – 3rd July 2023](https://forextraders.com/forex-news/the-week-ahead-3-july-2023/) - FOCUS ON: US Non-Farm Payrolls Employment Report Monthly jobs number is the highlight of trading news week. Non-Farm Payrolls employment data to shed light on the health of US economy. If job numbers hold up the door remains wide open for the Fed to continue its hawkish policy. The start of a relatively quiet news - [Powell Sets Out the Variables Which Will Influence Forex Rates Over the Summer](https://forextraders.com/forex-news/powell-sets-out-the-variables-which-will-influence-forex-rates-over-the-summer/) - Jerome Powell maintains hawkish stance US dollar rallies on back of rates being higher for longer Economic reports that might cause the Fed to deviate from its policy Jerome Powell, Chair of the US Federal Reserve, delivered a speech on Wednesday which laid out a roadmap for trading the forex markets through the quieter summer - [The Week Ahead – 26th June 2023](https://forextraders.com/forex-news/the-week-ahead-26-june-2023/) - FOCUS ON: Fed Guidance Due Midweek Most Likely Trigger of Breakout of Consolidation Patterns Range trading could be a dominant theme during a quiet news week. Market prices are forming consolidation patterns after a multi-month burst of increased risk appetite. Jerome Powell provides further guidance on Wednesday. With all eyes still on the Federal Reserve - [BoE Interest Rates - Short-term and Long-term Prospects for GBPUSD](https://forextraders.com/forex-news/boe-interest-rates-short-term-and-long-term-prospects-for-gbpusd/) - The Bank of England is set to raise interest rates – but by how much? Markets are split on whether the BoE will raise rates by 25 or 50 basis points. Bullish short-term price action would bring key long-term resistance levels into play. Market analysts had already priced in a UK interest rate rise on - [The Week Ahead – 19th June 2023](https://forextraders.com/forex-news/the-week-ahead-19-june-2023/) - The Bank of England updates markets on interest rate policy on Thursday. Consumer sentiment and inflation reports in the UK and the Eurozone bring a close to the end of the trading week. The US national holiday on Monday sets the tone for a quiet week state-side. The US trading week is foreshortened by the - [“Hawkish Pause” Dominates EURUSD Strategy Planning](https://forextraders.com/forex-news/hawkish-pause-dominates-eurusd-strategy-planning/) - The Fed holds US interest rates steady in a move dubbed a “hawkish pause.” The guidance released after the rate announcement reveals Fed officers expect rates to remain higher for longer. Eurodollar’s rally into this week’s central bank announcements could be about to unwind. The long EURUSD trade idea identified last week has started as - [The Week Ahead – 12th June 2023](https://forextraders.com/forex-news/the-week-ahead-12-june-2023/) - FOCUS ON: Busy Week for Traders. Interest Rate, Inflation and GDP Numbers to be Released The Fed, ECB, and Bank of Japan will update markets on interest rate decisions this week. The US CPI inflation report due Tuesday could influence central bank policy. Price volatility is expected to increase in a busy news week for - [The Case for Buying EURUSD Ahead of Next Week’s Interest Rate Decisions](https://forextraders.com/forex-news/the-case-for-buying-eurusd-ahead-of-next-weeks-interest-rate-decisions/) - The US Federal Reserve and European Central Bank both update the markets next week. Price volatility levels can be expected to pick up around the news. Nothing is guaranteed, but the long EURUSD strategy idea has an attractive risk-return ratio. The markets are pricing in the US Federal Reserve taking a break from raising interest - [The Week Ahead – 6th June 2023](https://forextraders.com/forex-news/the-week-ahead-6-june-2023/) - FOCUS ON: Central Bank Interest Rate Decisions RBA and RBC are to update markets on interest rate decisions this week. Further insight is to be offered by decisions of these economies that are favourites of ‘risk-on’ investors. The stronger than expected US Non-Farm Payroll jobs number on Friday triggered an upward move in stocks. The - [The Best and Worst Performing Currency Pairs in May 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-may-2023/) - Markets in May were impacted by uncertainty, with investors flocking to currencies known for being slightly safer than others. For example, the Turkish Lira sold off, with money flooding into the US dollar and euro. These are the the biggest movers in May: USDZAR +7.76% As mentioned, investors flocked to the US dollar due to - [China Regulatory Shift Could Trigger End to Crypto Winter](https://forextraders.com/forex-news/china-regulatory-shift-could-trigger-end-to-crypto-winter/) - China's White Paper on Web 3.0 could re-open the hugely critical market to crypto trading. "This could be huge," says Changpeng "CZ" Zhao, the chief executive of Binance. Web 3.0 and crypto adoption could strengthen China's position on the global stage. China's clampdown on crypto trading and mining in 2021 hammered the prices of coins - [Forex Market Forecast for June 2023](https://forextraders.com/forex-news/forex-market-forecast-for-june-2023/) - June, which starts on Thursday, kicks off with European inflation and unemployment data as well as US ISM Manufacturing PMI data later in the day, while the US will post its unemployment data alongside non-farm payrolls on Friday. Given the macroeconomic uncertainty during May, the US dollar made substantial gains against most of the other - [The Week Ahead – 30th May 2023](https://forextraders.com/forex-news/the-week-ahead-30-may-2023/) - FOCUS ON: US Jobs Numbers and Debt-Ceiling Negotiations The apparent progress on US debt-ceiling talks has calmed market nerves. With the deal yet to be ratified, there is room for some noise from the Capitol to influence market prices. In an otherwise quiet week regarding economic data releases, the US Non-Farm Payroll jobs number takes - [Surprise German GDP Data Triggers Euro Sell Off](https://forextraders.com/forex-news/surprise-german-gdp-data-triggers-euro-sell-off/) - Weak German GDP numbers show the country has entered a recession. Investors are flocking to the security of the US dollar. The US debt-ceiling debate will continue to be the main short-term price driver, but is it the end of the EURUSD bull run? The prospects for EURUSD continue to be guided by the US - [The Week Ahead – 22nd May 2023](https://forextraders.com/forex-news/the-week-ahead-22-may-2023/) - FOCUS ON: US Federal Debt-Ceiling and FOMC Minutes US debt ceiling talks in Washington continue to cast a shadow over the markets US Federal Reserve releases minutes of its last FOMC meeting on Wednesday 24th May UK CPI inflation data due to be released on Wednesday expected to influence prices of GBP currency pairs The - [Is Now the Time to Buy into the Debt-Ceiling Bounce?](https://forextraders.com/forex-news/is-now-the-time-to-buy-into-the-debt-ceiling-bounce/) - Positive updates from Washington cause US dollar and equity markets to rally Short-sellers squeezed out of positions as market sentiment turns positive Is this the start of a significant rally or short-term overshooting? A sense of relief spread through the markets on Wednesday as US President Joe Biden said he was ‘confident’ of reaching a - [The Week Ahead – 15th May 2023](https://forextraders.com/forex-news/the-week-ahead-15-may-2023/) - FOCUS ON: US Federal Debt-Ceiling and Risk of Default A quiet week in terms of core economic data US debt-ceiling debate likely to dominate financial market sentiment Some analysts predict 1st June could be the day the government runs out of money The risk that the US government would not have sufficient funds to meet - [How Much Higher Can Sterling Go?](https://forextraders.com/forex-news/how-much-higher-can-sterling-go/) - Bank of England expected to raise interest rates by 25 basis points UK inflation rates are still red-hot, whilst other economies are showing signs of cooling What are the price targets for GBPUSD? Differences in economic fundamentals are driving the price of GBPUSD higher; the question is, how high will it go? UK inflation is - [The Week Ahead – 8th May 2023](https://forextraders.com/forex-news/the-week-ahead-8-may-2023/) - FOCUS ON: Markets Pause Ahead of US Inflation Numbers and UK Rates Decision US CPI inflation report due Wednesday is the key data point of the week Bank of England updates on interest rates on Thursday UK GDP figures on Friday and continued updates as part of US earnings season A busy fortnight for the - [The Best and Worst Performing Currency Pairs in April 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-april-2023/) - Despite the banking turmoil that resulted in Swiss bank Credit Suisse failing and being acquired by UBS in March, the Swiss franc has maintained its strength, becoming one of the standout FX performers in April. CHFJPY +5.84% With the Bank of Japan continuing to maintain its ultra low rate policy and the Swiss National Bank - [What’s in a Word? Fed Guidance Suggests Dovish Approach Could be Around the Corner](https://forextraders.com/forex-news/whats-in-a-word-fed-guidance-suggests-dovish-approach-could-be-around-the-corner/) - As expected, US Fed raises interest rates by 25 basis points. The move was already priced in, but increasingly dovish guidance has caused a mood shift in the markets. Strength in alternative safe-haven currencies could reflect the start of a new trend. The meetings held by the US Federal Reserve’s FOMC committee every eight weeks - [The Week Ahead – 1st May 2023](https://forextraders.com/forex-news/the-week-ahead-1-may-2023/) - FOCUS ON: Central Banks, Interest Rates, Earnings, and Job Numbers. US earnings season continues. ECB and US Fed set to announce interest rates. US employment data to be released Friday. Market prices have formed consolidation patterns in the run-up to a huge week regarding economic news reports. Central banks will update on interest rate levels, - [Forex Market Forecast for May 2023](https://forextraders.com/forex-news/forex-market-forecast-for-may-2023/) - May kicks off with three key central bank interest rate decisions, with the Reserve Bank of Australia (RBA) on Tuesday, the US Federal Reserve (Fed) on Wednesday, and the European Central Bank (ECB) on Thursday. With inflation beginning to ease, the expectation is that central banks will start to pause rate hikes (the RBA snapped - [Strong Euro Price Action Heading into Key Data Releases](https://forextraders.com/forex-news/strong-euro-price-action-heading-into-key-data-releases/) - All eyes turn to the ECB interest rate decision due next week. Recent strength in EURUSD could continue if interest rates rise by 50 basis points. Key data releases in the run-up to the announcement could provide clues. The coming week is full of economic data reports which could impact the prospects of the euro-dollar - [The Week Ahead – 24th April 2023](https://forextraders.com/forex-news/the-week-ahead-24-april-2023/) - FOCUS ON: Markets Brace for Busy News Week. US GDP numbers will offer an insight into the health of the world’s largest economy. Earnings season hits top gear with big names due to update investors. Bank of Japan on Friday to update markets on interest rate policy. Last week’s consolidation-based market price moves look - [Prospects for GBPUSD after UK Inflation Remains in Double-Figures](https://forextraders.com/forex-news/prospects-for-gbpusd-after-uk-inflation-remains-in-double-figures/) - UK inflation fell in March, but not as much as expected. The Bank of England is set to continue with its policy of interest rate hikes. Questions are raised about the accuracy of recent inflation predictions. UK inflation numbers released on Wednesday show year-on-year inflation remains in double figures. The March reading of 10.1% was - [The Week Ahead – 17th April 2023](https://forextraders.com/forex-news/the-week-ahead-17-april-2023/) - FOCUS ON: Wide-ranging set of data releases could influence the next market move. Inflation is the key metric influencing the markets, and UK CPI due on Wednesday could point to inflation there still being in double-digits. Employment, GDP, and sentiment reports are also due to be released. US earnings season gets into full swing. The - [The Best and Worst Performing Currency Pairs in July 2022](https://forextraders.com/forex-news/best-worst-performing-currency-pairs-july-2022/) - July was another volatile month, with the EURUSD falling below parity, hitting a low of 0.9952, according to our chart. It was a month of euro weakness, given the continent's energy issues and monetary policy challenges. Here are some of the top performing major and minor pairs… EURAUD -3.18% As we said, it was a - [The Best and Worst Performing Currency Pairs in August 2022](https://forextraders.com/forex-news/best-worst-performing-currency-pairs-august-2022/) - August was another month in which the US dollar rallied, making significant gains against some of the other significant currencies. Another theme that emerged during the month was a decline in the pound. Here are some of the biggest moving pairs for the month as of August 31: USDJPY +4.15% Despite the yen’s previous status - [The Best and Worst Performing Currency Pairs in September 2022](https://forextraders.com/forex-news/best-worst-performing-currency-pairs-september-2022/) - As of two days ago, we were confident this list would be dominated by the pound, given the crazy fall that occurred. However, it is now back to where it was before the mini-budget announcement, although it still makes the USD-dominated list. Here are some of the biggest moving pairs for the month as of - [The Best And Worst Performing Currency Pairs in November 2022](https://forextraders.com/forex-news/best-worst-performing-currency-pairs-november-2022/) - There was a nice rally in risk-related assets in November, with currencies such as the New Zealand dollar, Australian dollar, Great British pound, and euro rising against the US dollar. With help from the BoJ, even the Japanese yen made gains against the greenback. The rally in currencies against the dollar may continue in December, - [The Best and Worst Performing Currency Pairs in December 2022](https://forextraders.com/forex-news/the-best-worst-performing-currency-pairs-in-december-2022/) - Despite many market participants expecting a Santa rally, it didn’t quite occur in December 2022, with sentiment remaining risk-off during the month. However, the potential for a policy shift by the Bank of Japan resulted in the yen rising while the Russian ruble weakened, moving back towards levels last seen before Russia’s invasion of Ukraine. - [The Best and Worst Performing Currency Pairs in 2022](https://forextraders.com/forex-news/the-best-worst-performing-currency-pairs-in-2022/) - 2022 was somewhat of a crazy year, and not exactly in a good way. The aftermath of the pandemic has seen soaring inflation, rising inventories, staffing shortages, and, if you are in the UK, many, many people striking. Not to mention the Russian invasion of Ukraine, sending energy prices significantly higher. It’s no wonder, then, - [US Inflation Cools in December](https://forextraders.com/forex-news/us-inflation-cools-in-december/) - The US dollar spiked in both directions Thursday before settling on a move higher after the latest US inflation data, which was in line with YoY expectations but came in lower than consensus MoM estimates. The US inflation rate year-over-year came in at 6.5%, although it was slightly below the 6.7% forecast, according to Trading - [Forex Market Forecast for February 2023](https://forextraders.com/forex-news/forex-market-forecast-for-february-2023/) - February kicks off with a bit of a bang. On Wednesday, February 1, we have European inflation, EU unemployment, and a US Fed interest rate decision. The following day it doesn’t get any less hectic with the BoE interest rate decision and ECB rate decision. All in all, the main data points to watch out - [The Best and Worst Performing Currency Pairs in January 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-january-2023/) - January was a quieter month by all accounts, with no currency showing itself as the out-and-out star performer at the beginning of the year, although the US dollar weakened somewhat. Elsewhere, the Australian dollar performed reasonably well, featuring in four of the top 10 moving pairs. EURZAR +3.90% While not the most significant mover by - [The Dollar Takes a Breather](https://forextraders.com/forex-news/the-dollar-takes-a-breather/) - In the final few weeks of 2022, the US dollar finally slowed the pace of its gains as forex traders looked forward to the US Federal Reserve cooling its rate-hiking schedule. Gauging from the end of September, the Bloomberg dollar index dropped more than 6% by the end of the year, making it the worst quarter - [Forex Market Forecast for March 2023](https://forextraders.com/forex-news/forex-market-forecast-for-march-2023/) - The current talk surrounding the forex markets has been centered on recent data releases regarding easing inflation. However, the latest reports in Europe and North America have suggested central banks’ fight with soaring prices may not yet be over due to hints that the rate of price increases could remain stubborn. The familiar themes of - [The Best and Worst Performing Currency Pairs in February 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-february-2023/) - With market sentiment somewhat negative in February, it is only natural that the US dollar gained, with the greenback making a regular appearance in this month’s list. Elsewhere, while it only features once in the list, the Russian ruble weakened significantly against the USD and euro in February as fears of further sanctions increased, impacting - [US Dollar Weakens as Nonfarm Payrolls Data Comes in at +311K](https://forextraders.com/forex-news/us-dollar-weakens-as-nonfarm-payrolls-data-comes-in-at-311k/) - The US dollar weakened Friday in the immediate aftermath of US Nonfarm Payrolls data which rose by 311,000 compared to the 205,000 consensus estimate. The EURUSD is currently up 0.6% at 1.0643, while the GBPUSD is up 1% at 1.2041 at the time of writing. US equity futures turned positive following the data, while European - [BoE Raises Interest Rates, Says Inflation to Fall Sharply For The Rest of 2023](https://forextraders.com/forex-news/boe-raises-interest-rates-says-inflation-to-fall-sharply-for-the-rest-of-2023/) - The GBP rose Thursday lunchtime after the BoE raised interest rates by 25bps, in a move that was anticipated by most market participants following Wednesday's inflation reading. Interest rates now move to 4.25%, the highest since 2008, after the UK inflation rate year-on-year surprisingly rose to 10.4% in February from 10.1%, driven by surging food - [Forex Market Forecast for April 2023](https://forextraders.com/forex-news/forex-market-forecast-for-april-2023/) - Uncertainty in the banking sector following the collapse of SVB has been the main talking point in markets in recent weeks. The focus now is on if it will push central banks to halt interest rate hikes. As of yet, the ECB, BoE, and Federal Reserve are continuing to raise rates to combat sticky inflation. - [The Best and Worst Performing Currency Pairs in March 2023](https://forextraders.com/forex-news/the-best-and-worst-performing-currency-pairs-in-march-2023/) - With risk sentiment somewhat mixed in March due to the banking uncertainty following the collapse of SVB, the euro made strong gains during the month, while the Australian dollar declined against safe haven currencies. EURRUB +5.95% The Russian ruble significantly weakened against the euro, making it onto the list for the second month in a - [US Reports Hint at GBPUSD Breaking Through Triple-Top Resistance](https://forextraders.com/forex-news/us-reports-hint-at-gbpusd-breaking-through-triple-top-resistance/) - GBPUSD approaches key triple-top resistance level Chances of price breaking through that level increased thanks to a shift in fundamentals Resistance levels above 1.24663 are few and far between Fundamental and technical analysis factors are lining up to support an upward breakout in GBPUSD. With little resistance above the key 1.24663 price level, any upward - [The Week Ahead – 10th April 2023](https://forextraders.com/forex-news/the-week-ahead-10-april-2023/) - FOCUS ON: US CPI Inflation Report, Fed Minutes, and Start of Earnings Season Easter holidays make the trading week shorter than usual, but key data is due to be released. US CPI inflation numbers and UK GDP figures are due out later in the week. Investors then see the US earnings season kick off on - [EURUSD and GBPUSD go into Crucial NFP Announcement Hovering at Key Price Levels](https://forextraders.com/forex-news/eurusd-and-gbpusd-go-into-crucial-nfp-announcement-hovering-at-key-price-levels/) - Eurodollar and cable sit at 50% Fib retracement levels of the 2021-22 sell-off. All-important US Non-Farm Payroll jobs numbers are due to be released Friday. This could be a pivot point determining if the price surge from September 2022 will continue. The Non-Farm Payroll report due to be released in the US on Friday has - [The Week Ahead – 3rd April 2023](https://forextraders.com/forex-news/the-week-ahead-3-april-2023/) - The US Non-Farm Payroll jobs report due on Friday 7th April will be the week's main event. Before that, other key data points will be updated, including interest rate announcements from central banks. The Easter holiday means the trading week will be shortened. An abundance of economic data reports is due to hit the market - [How to trade EURUSD bullish momentum triggered by banking ‘reforms’](https://forextraders.com/forex-news/how-to-trade-eurusd-bullish-momentum-triggered-by-banking-reforms/) - Risk-appetite improves as banking sector concerns fade away. Proposed ‘reforms’ set to look very much like old laws which were recently repealed. The question remains: how to trade markets experiencing the application of a tried and tested band-aid. An uptick in the price of risk-on assets, such as EURUSD, appears to show that investors are - [The Week Ahead – 27th March 2023](https://forextraders.com/forex-news/the-week-ahead-27-march-2023/) - FOCUS ON: Banking Sector Concerns With a few major announcements due this week, news flow from the finance sector can be expected to drive price changes. Price volatility is expected to remain high following collapse of SVB and Credit Suisse. Forex markets poised for a move in either direction, with currency pairs forming short-term consolidatory - [Short, Medium and Long-Term Forecasts for EURUSD Following ‘Dovish’ Fed Announcement](https://forextraders.com/forex-news/short-medium-and-long-term-forecasts-for-eurusd-following-dovish-fed-announcement/) - The US Federal Reserve raises interest rates by a widely expected 25 basis points. The rate hike was accompanied by ‘dovish’ guidance. EURUSD finds strength on belief that this could be the point where the Fed pivots. Jerome Powell, Chair of the US Federal Reserve, delivered a widely expected interest rate rise of 25 basis - [The Week Ahead – 20th March 2023](https://forextraders.com/forex-news/the-week-ahead-20-march-2023/) - FOCUS ON: US Interest Rate Decision Markets brace for interest rate announcement from US Federal Reserve due on Wednesday Bank of England sets rates this week Analyst opinion on interest rate policy diverging as stress felt by the underlying economy begins to show The big event of the week, and possibly the month, is the - [Markets Braced for Euro Interest Rate Announcement – Something’s Got to Give](https://forextraders.com/forex-news/markets-braced-for-euro-interest-rate-announcement-somethings-got-to-give/) - The collapse of SVB bank forces central banks to rethink their approach. The ECB meets on Thursday amid signs that interest rate hikes aren’t a victimless policy. Is this the moment central banks pivot to more dovish policies? Despite a mini meltdown in the banking sector brought on by the collapse of tech-start-up bank SVB, - [The Week Ahead – 13th March 2023](https://forextraders.com/forex-news/the-week-ahead-13-march-2023/) - FOCUS ON: Inflation Report and ECB US CPI and PPI inflation reports are due this week Will offer an insight into what kind of policy the US Fed will need to adopt Euro currency pairs await Thursday’s interest rate announcement from the ECB Key US inflation reports due on Tuesday and Wednesday will offer traders - [Euro Hangs in the Balance as Markets Prepare for US Jobs Report](https://forextraders.com/forex-news/euro-hangs-in-the-balance-as-markets-prepare-for-us-jobs-report/) - EURUSD sell-off has so far failed to signal the end of the October to February bullish price pattern US Jobs data to be released on Friday 10th March Surprises in the Non-Farm Payroll report could take EURUSD to important Fib-based, long-position trade entry points. One of the most important economic data reports of the month - [The Week Ahead – 6th March 2023](https://forextraders.com/forex-news/the-week-ahead-6-march-2023/) - FOCUS ON: Non-Farm Payrolls US Unemployment Report The US Non-Farm Payrolls jobs number is due on Friday. Major milestone of the month’s reporting calendar will be closely monitored. US interest rate policy and asset prices are closely linked to the crucial employment data point. The main event of the week, and possibly the whole month, - [Obscure But Reliable Technical Indicator Signals the Stock Bear Market Has Ended](https://forextraders.com/forex-news/obscure-but-reliable-technical-indicator-signals-the-stock-bear-market-has-ended/) - A technical indicator which has signalled the end of every stock bear market since 1960 has just been triggered. The February month-end price of the S&P 500 index closed above 3947, the level of the 10-month moving average. The 2022 bear market in stocks could be over, with wide-ranging repercussions for all asset groups. Traders - [The Week Ahead – 27th February 2023](https://forextraders.com/forex-news/the-week-ahead-27-february-2023/) - FOCUS ON: Investors Scour Data Releases for Hints on Future Interest Rate Moves. Eurozone economies to release a batch of economic reports. Investors review jobs and consumer data for clues on the next interest rate move. Price consolidation could continue to be the dominant theme. The minutes of the last meeting of the US Federal - [EURUSD Approaches Key Support Level as Fed Minutes Match Market Expectations](https://forextraders.com/forex-news/eurusd-approaches-key-support-level-as-fed-minutes-match-market-expectations/) - EURUSD looks set to test the key 100 SMA on the Daily Price Chart. Buying pressure can be expected in the region of 1.0558. Potential trade set-up comes on the back of Fed minutes springing few surprises. Since the beginning of February, price action in the US dollar market can only be described as “bullish.” - [The Week Ahead – 20th February 2023](https://forextraders.com/forex-news/the-week-ahead-20-february-2023/) - FOCUS ON: Variety of Data Reports are Due to be Released but Price Consolidation Could Continue. US Presidents' Day holiday on Monday, 20th February means the trading week will be shortened. During the rest of the week, a wide range of mid-level economic data will be released. Price consolidation patterns could continue to be the - [Disconnect Between Forex and Stock Markets Points Towards Increased Volatility](https://forextraders.com/forex-news/disconnect-between-forex-and-stock-markets-points-towards-increased-volatility/) - Price moves in forex and stock markets show how currency and equity investors view risk differently. The US dollar’s rally points to a rush towards the security of a safe-haven asset. At the same time, major stock indices are posting new highs. When two markets diverge from long-term price relationships, something ultimately has to give. - [The Week Ahead – 13th February 2023](https://forextraders.com/forex-news/the-week-ahead-13th-february-2023/) - FOCUS ON: US & UK Inflation Reports Dominate the Week’s News Flow US and UK Consumer Price Index (CPI) inflation data released on Tuesday and Wednesday With inflation still guiding interest rate policy both reports have the potential to trigger market moves US earnings season drawing to a close Market attention turns back to inflation - [Dollar Tests Key Inflection Point – Stick or Twist for the Greenback](https://forextraders.com/forex-news/dollar-tests-key-inflection-point-stick-or-twist-for-the-greenback/) - Dollar rally triggered by blowout US jobs numbers for January Fed Chair Jerome Powell is keeping his cards close to his chest Key technical metrics could help determine if the dollar is about to start another run When announcing his latest interest rate hike on Wednesday, 1st February 2023, US Federal Reserve Chair Jerome Powell advised the - [The Week Ahead – 6th February 2023](https://forextraders.com/forex-news/the-week-ahead-6th-february-2023/) - FOCUS ON: Technical Indicators Could Dominate Price Movement in What Is A Quiet Week In Terms Of Economic Reports After a huge week for the markets in terms of economic data releases, the coming week looks set to spring far fewer surprises. The Reserve Bank of Australia will update the markets on interest rates. Traders - [Which Broker to Choose to Trade The Busy Run-in to Year-End](https://forextraders.com/forex-news/which-broker-to-choose-to-trade-the-busy-run-in-to-year-end/) - There's every reason to think that the traditionally busy autumn trading period is once more going to throw up a range of interesting trading opportunities. Q4 is associated with an uptick in price volatility as the IPO market stirs back into action, US companies report earnings and central bank policies towards 'tapering' come into focus. - [Powell Reveals What is Guiding US Interest Rate Policy](https://forextraders.com/forex-news/powell-reveals-what-is-guiding-us-interest-rate-policy/) - Dovish comments from US Fed Chair Jerome Powell trigger forex price moves In his Q&A session Powell revealed that US Jobs data is now his main concern GBPUSD and EURUSD divergence opens the door to different trading scenarios Forex traders have been looking for a hint from the US Fed that interest rate policy might - [The Week Ahead – 30th January 2023](https://forextraders.com/forex-news/the-week-ahead-30th-january-2023/) - FOCUS ON: Huge News Week Approaches with Jobs Numbers, Interest Rates, and Earnings All Coming Through the Pipeline Huge week for the markets in terms of economic data releases US Jobs numbers probably carry most weight but are due at the end of the week Prior to that central banks and US corporate giants provide - [Buy The Pound Ahead of Bank of England Meeting](https://forextraders.com/forex-news/buy-the-pound-ahead-of-bank-of-england-meeting/) - Sterling traders prepare for Bank of England interest rate announcement on 2nd February Technical and fundamental price drivers point towards a rally of sterling Central bank guidance shifting to support sterling outperformance Relative underperformance by the British pound could be about to change. Like many other risk-on currencies, sterling has strengthened against the dollar in - [The Week Ahead – 23rd January 2023](https://forextraders.com/forex-news/the-week-ahead-23rd-january-2023/) - FOCUS ON: Risk Appetite Continues to Build and Takes Prices to Region of Key Resistance Levels. US Q4 GDP numbers dominate the economic calendar Report due to be released at 1.30 pm (GMT) on Thursday 26th January Forex and stock markets await critical data release Risk-on assets such as GBPUSD, EURUSD, and the S&P 500 - [Plus500 Gets Battered and Bruised by FCA Over ID Compliance Issues](https://forextraders.com/forex-news/plus500-gets-battered-and-bruised-by-fca-over-id-compliance-issues-89939/) - $650 million in market capitalization is a big number, and it is even bigger when it appears on the loss side of the ledger. Plus500 shareholders have not jumped out of any windows, but the share price for this high-flying UK IPO took a nosedive over the past week when the Financial Conduct Authority (FCA) - [Cooling US Inflation – Is it Time to Short the Dollar?](https://forextraders.com/forex-news/cooling-us-inflation-is-it-time-to-short-the-dollar/) - Further signs that US inflation is cooling have led to more US dollar weakness US PPI comes in at -0.5% rather than -0.1% SMA and Fib metrics set to guide price lower Traders who had positioned themselves in risk-on assets welcomed the US PPI inflation report released on Wednesday that showed wholesale price rises in - [The Week Ahead - 16th January 2023](https://forextraders.com/forex-news/the-week-ahead-16th-january-2023/) - FOCUS ON: Risk Appetite Remains Strong, but Markets Could be Over-Extended on a Short-Term Basis US Martin Luther King Day holiday on Monday results in a shortened trading week UK data dominates with employment and inflation data due this week Last week’s US CPI report was in-line with analyst expectations. The first two weeks of - [Risk Appetite Returns, But Not to All Markets](https://forextraders.com/forex-news/risk-appetite-returns-but-not-to-all-markets/) - Investor appetite has turned bullish in the run-up to key US inflation data being released. EURUSD has broken key technical levels and is primed for further gains. Sterling’s gains have lagged behind the euro’s. Will GBPUSD join the party? The US CPI inflation report due on Thursday 12th January could prove a pivotal moment in - [The Week Ahead - 9th January 2023](https://forextraders.com/forex-news/the-week-ahead-9th-january-2023/) - FOCUS ON: US Jobs Data Triggers Increased Appetite for Risk-on Assets US dollar slides following the release of Non-Farm Payroll numbers EUR and GBP test key resistance price levels All eyes now turn to the US CPI inflation data to be released on Thursday 12th January The first week of 2023 started with a bang - [Forex Markets Braced for US Jobs Number](https://forextraders.com/forex-news/forex-markets-braced-for-us-jobs-number/) - Non-Farm Payroll employment numbers hang over the markets After a long run of upside surprises, any weakness could jolt currency rates Will the US housing market deliver the Fed a reality check? Forex traders are bracing themselves for the release of US job numbers with the details of the Non-Farm Payrolls report having the potential - [Euro Technical Setups Open the Door to Range Traders](https://forextraders.com/forex-news/euro-technical-setups-open-the-door-to-range-traders/) - Seasonal drop in EURUSD price volatility creates range-trading opportunities ECB's hawkish rhetoric supports going over-weight on long positions Key support/resistance price levels set to guide price With 2022 being something of a roller coaster ride for EURUSD traders, some may be taking a break in the run-up to the year's end, but the range-bound price - [Cable’s Price Crash Leads The Way As Forex Markets Test New Levels](https://forextraders.com/forex-news/cables-price-crash-leads-the-way-as-forex-markets-test-new-levels/) - GBPUSD hits low price levels not seen for decades as budgetary fears spark a run on the pound Key technical indicators which were coming into view and offering support were blown away by the price crash. With the pound in uncharted territory, what next for GBPUSD? The GBPUSD exchange rate had already been under pressure - [2023 Dollar Price Forecast](https://forextraders.com/forex-news/2023-dollar-price-forecast/) - Long-term trends dominated forex markets in 2022 2023 could see more of the same Key support/resistance price levels in US Dollar Basket index (DXY) are coming into play The largest forex market in the world has had a tumultuous 2022. Eurodollar traders endured a multi-month rally in the greenback, which stretched from February to September - [Fed’s Damp Squib Doesn’t Reduce Chance Of a Breakout](https://forextraders.com/forex-news/feds-damp-squib-doesnt-reduce-chance-of-a-breakout/) - Markets stall after Fed announces 50 basis point rate hike Jerome Powell is managing expectations, but forex prices might not remain stable for long. Wedge pattern forming in US Dollar (DXY) Wednesday’s interest rate announcement by Jerome Powell left markets pretty much where they were before the 50-basis point rate hike was announced. Powell and - [The Best and Worst Performing Currency Pairs in October 2022](https://forextraders.com/forex-news/the-best-performing-currency-pairs-in-october-2022/) - October’s upside moves were dominated by four currencies, the New Zealand Dollar, the Japanese Yen, the Great British Pound, and the Swiss Franc. Even though the Bank of Japan intervened in the currency markets to strengthen the yen, it still weakened during the month, with the central bank refusing to raise rates despite surging inflation - [Oil Price Slump Gives Hint About Next Forex Move](https://forextraders.com/forex-news/oil-price-slump-gives-hint-about-next-forex-move/) - Oil prices hit a year-to-date low Crude is now negative on the year, and falling demand points to a recession The US dollar could find strength as the global economy slows Reports that the US dollar could re-assert its dominance over other currencies may be overblown. A whole range of factors point to the dollar - [How Low Can The Dollar Go?](https://forextraders.com/forex-news/how-low-can-the-dollar-go/) - Jerome Powell’s dovish news statement has triggered more selling of the dollar Key long-term support levels are coming into play which suggests recent downward price moves may be overplayed With 13 days till the Fed announces its next interest rate decision, DXY’s 10500 support level is the one to watch With just 13 days till - [Sterling Outperformance Brings EURGBP Strategy Into Play](https://forextraders.com/forex-news/sterling-outperformance-brings-eurgbp-strategy-into-play/) - Cable’s recovery from record lows continues to build momentum, but the strength against the euro brings a new strategy into play Key support at 0.85725 looks set to be tested Momentum-based trades backing relative UK outperformance supported by recent PMI data. There are understandable reasons why the market has focused on the fate of the - [Tracking GBPUSD's Path Through The Trend Reversal](https://forextraders.com/forex-news/tracking-gbpusds-path-through-the-trend-reversal/) - Cable's recovery from record lows continues to build momentum. Does the touch of 1.2000 mark the start of something more long-term? Using the Weekly Forex Trading Tips report, we consider the prospects for GBPUSD. Price action suggests that the most significant trend of 2022 could indeed be unwinding. US dollar strength has been the dominant - [Why The FTX Liquidity Crunch Has Shaken The Forex Markets](https://forextraders.com/forex-news/why-the-ftx-liquidity-crunch-has-shaken-the-forex-markets/) - The potential demise of crypto exchange FTX has spooked investors Fears of a dash to the dollar have resulted in risk-on currency pairs tumbling With the FTX management "considering every option", investors are right to be concerned A positive start to the week by risk-on currencies has been derailed by a surprising left-field intervention by - [Fed Hikes And Dollar Strength – The Macro View On How It Impacts US Stocks](https://forextraders.com/forex-news/fed-hikes-and-dollar-strength-the-macro-view-on-how-it-impacts-us-stocks/) - The surge in the value of the US dollar is turning the screw on US shareholders Inaction by big corporations is resulting in forex exposure going unchecked A stronger dollar results in base currency earnings being lower in real terms, which is causing a disconnect in the market Another 75-basis point interest rate hike by - [GBPUSD - How Far Can The Rishi Bounce Go?](https://forextraders.com/forex-news/gbpusd-how-far-can-the-rishi-bounce-go/) - GBPUSD strength follows the appointment of Rishi Sunak as Prime Minister The Rishi-bounce has brought key resistance levels into play Strong US fundamentals pose a bigger challenge for GBPUSD bulls The UK has its third Prime Minister in as many months, but this time the appointment appears to be in tune with the financial markets. - [Japanese Yen – The Other Major Forex Trend Of 2022](https://forextraders.com/forex-news/japanese-yen-the-other-major-forex-trend-of-2022/) - Japanese Yen continues to lose ground to other major currencies. The Bank of Japan's decision not to raise interest rates in line with other central banks has triggered an exodus of capital. The policy stands out but matches the challenges facing the domestic economy, but the situation could be about to change. The US dollar's - [Which Broker is Best for Trading Quiet Summer Markets?](https://forextraders.com/forex-news/which-broker-is-best-for-trading-quiet-summer-markets/) - Choosing the best online broker for you can be helped by following the Forex Traders guide, which outlines how to filter the best broker from a crowded field. The priority remains choosing a well-regulated firm; security of funds is vital, but finding the best fit often depends on the other optional features the platforms offer. Some - [Forex Outlook – Technicals vs News Flow](https://forextraders.com/forex-news/forex-outlook-technicals-vs-news-flow/) - Forex price moves are making the news in the mainstream as well as financial press agencies reporting on the ground-breaking developments The holding pattern formed over the last week reflects traders preparing for US inflation data reports due to be released Thursday Will the CPI data result in a continuation of the trend, or is - [Investors See First Sign That Cycle Of Higher Interest Rates Might Be Slowing](https://forextraders.com/forex-news/investors-see-first-sign-that-cycle-of-higher-interest-rates-might-be-slowing/) - RBNZ and RBA give different takes on future interest rate direction Investors left mulling over the first slowdown in the year-long rush by central banks to hike rates Technical indicators suggest there is still time before deciding whether this is the end of 2022’s biggest trend Forex market volatility can be expected to tick up - [Breaking Down The Fed’s Guidance To Get A View Of The Next Currency Moves](https://forextraders.com/forex-news/breaking-down-the-feds-guidance-to-get-a-view-of-the-next-currency-moves/) - Fed’s 75 basis point rate hike was in line with market expectations and provided momentary hope for bullish investors Whipsawing price action ultimately turned to weakness as traders flocked to the dollar and stocks were routed Details in the Summary of Economic Projections (SEP) explain the move and give pointers to what might happen next - [What Next After US Inflation Data Supports Long-Term Upwards Dollar Trend?](https://forextraders.com/forex-news/what-next-after-us-inflation-data-supports-long-term-upwards-dollar-trend/) - Red-hot US inflation report signals more hawkish moves by the US Fed Key support / resistance levels trigger price retracements US Dollar Basket Index price channel holds firm Major price moves followed the US Consumer Price Index (CPI) inflation report being released on Tuesday. Stocks on Wall Street posted their worst return for two years, - [Trading Ideas as GBP Hits 37-Year Low](https://forextraders.com/forex-news/trading-ideas-as-gbp-hits-37-year-low/) - GBPUSD hits price levels not seen since 1985 Obvious price targets on short cable strategies have been hit and could lead to a profit-taking-induced reversal While a bounce could be imminent, trading that retracement would be best using a short-term time horizon Wednesday saw the newly instated UK Prime Minister Liz Truss from a new - [EURUSD Price Forecast For September 2022](https://forextraders.com/forex-news/eurusd-price-forecast-september-2022/) - The long-term prospects of EURUSD remain weak, but market noise could bring about a short-term bounce. Monthly RSI is below 30 but sell into any rally that doesn’t break 1.05 The Ukraine crisis remains the key price driver, but bond market clouds are also forming. The price of EURUSD has been pummelled throughout 2022 and - [Short Term Scalping Strategies For Trading Eurodollar Parity](https://forextraders.com/forex-news/short-term-scalping-strategies-for-trading-eurodollar-parity/) - EURUSD trades at parity for the second time in two months Short-term scalping opportunities present themselves around the key 1.000 price level Medium-term prognosis points to a test of lower levels The multi-month bearish price movement in EURUSD has brought the euro back to parity with the US dollar for the second time in two - [Weaker US Inflation Data Changes the Outlook for Major Forex Pairs](https://forextraders.com/forex-news/weaker-us-inflation-data-changes-the-outlook-for-major-forex-pairs/) - US reports CPI of 8.5%, lower than the forecasted 8.7% GBPUSD and EURUSD both broke out of long-term patterns Weaker energy prices are also having an effect Major currency pairs have jolted into action on the back of better-than-expected US CPI inflation numbers released on Wednesday. Core inflation, which excludes energy costs, was the same - [Deciphering Cable’s Contrarian Reaction To Major News](https://forextraders.com/forex-news/deciphering-cables-contrarian-reaction-to-major-news/) - UK inflation breaks into double-digits – CPI 10.1% Fed minutes reveal ‘hawkish’ mood remains GBPUSD price moves form a contrarian pattern Two big mid-week news announcements have reconfirmed the potential for comments from central bankers to move the markets. The UK government released red-hot inflation figures midday Wednesday, and after the US close on the - [Take Profits On GBPUSD Trades As BoE Prepares To Hike Interest Rates](https://forextraders.com/forex-news/take-profits-on-gbpusd-trades-as-boe-prepares-to-hike-interest-rates/) - According to analyst forecasts, Andrew Bailey, Governor of the Bank of England, is about to announce the largest interest rate hike since 1995. With UK inflation primed to reach double figures in Q3, the slowly, slowly approach to interest rate policy appears to be about to morph into slow, slow, quick, quick, slow. A 0.25% - [Sterling Under Pressure As US Fed Hints at 1% Rate Rise](https://forextraders.com/forex-news/sterling-under-pressure-as-us-fed-considers-the-nuclear-option-on-interest-rates/) - Red hot inflation data keeps pouring into the global markets, but it’s Jerome Powell and the US Fed that appear most willing to take the threat head-on. Speaking on Wednesday, he confirmed that when faced with the joint risk of a recession and inflation, the priority for the Fed will be containing rising prices. - [New Technical Price Levels Form After Second 75bp Fed Hike](https://forextraders.com/forex-news/new-technical-price-levels-form-after-second-75bp-fed-hike/) - In line with the majority of analyst expectations, the US Federal Reserve hiked interest rates by 75 basis points on Wednesday. Marking a remarkable turn-around of approach from the dovish days of 2021, Jerome Powell and his team have ramped up their inflation-busting protocols and posted record-breaking interest rate rises. The guidance that further action - [Tapering is Coming - Strategy Ideas & AUDNZD Case Study - Part III](https://forextraders.com/forex-news/tapering-is-coming-strategy-ideas-audnzd-case-study-part-iii/) - The AUDNZD trade idea spotted last Tuesday is working out as planned. Getting the right side of a week-long market move is always a nice-to-have, and with current price levels in the region of 1.057, there’s a sizeable gain on long positions taken at the 1.04571 trade entry point. AUDNZD – 1Hr price chart – - [LegacyFX Announce Sponsorship of the Spanish Football Club Real Betis](https://forextraders.com/forex-news/legacyfx-announce-sponsorship-of-the-spanish-football-club-real-betis/) - Spanish football team Real Betis Balompié S.A.D, of the La Liga Football League, has a new sponsor in Legacy FX. Real Betis, as the club is usually known, competes in La Liga – one of Spain’s top leagues. Instituted in Seville, an independent community of Andalusia, the club was founded in 1907. The club’s home - [HYCM announces ETFs release on its Meta Trader 5 platform](https://forextraders.com/forex-news/hycm-announces-etfs-release-on-its-meta-trader-5-platform/) - Established broker, HYCM, has announced the launch of ETFs on Meta Trader 5. The new addition by the global-scale forex broker enables it to offer 20 varying ETFs on its platform, incorporating the top three traded ETFs. Amongst its offerings, HYCM includes S&P 500, SPDR, VelocityShares 3x Inverse Crude Oil ETN and iShares Russell 2000 Index. As a broad definition, an ETF incorporates a basket of securities such as bonds, - [Get Ready for the FOMC Minutes – What to Look Out For](https://forextraders.com/forex-news/get-ready-for-the-fomc-minutes-what-to-look-out-for/) - There’s a lot of news and data releases this week, but the announcement to prepare for is due at 2 pm Eastern Time / 7 pm UK BST on Wednesday. That is when the minutes of the US Federal Reserve’s last interest rate committee meeting will be released. The meeting, which took place on the - [Crypto - What’s Changed, What Hasn’t, and is it Time to Buy?](https://forextraders.com/forex-news/crypto-whats-changed-what-hasnt-and-is-it-time-to-buy/) - Crypto continues to dominate the headlines with further price tumbles recorded over the weekend. The arguments for or against, Bitcoin, Ethereum and Doge, have changed to some extent, but the price move reflects panic rather than realignment. The difficulty is deciding to what extent the price crash reflects a fundamental change in investor sentiment towards - [Mixed Messages – Spotting Sideways and Trending Markets: Market Update 16/11/20](https://forextraders.com/forex-news/mixed-messages-spotting-sideways-and-trending-markets-market-update-16-11-20/) - The Pfizer vaccine news is now built into prices. Markets took a considerable step towards risk last week and have held at the new levels. Equities Only two of the last twelve daily candles for the S&P 500 have been red and the Dow Jones (DJIA) outperformed the Nasdaq 100 index last week. The rotation - [Forex brokers preparing for the second wave of COVID-19 in the USA](https://forextraders.com/forex-news/forex-brokers-preparing-for-the-second-wave-of-covid-19-in-the-usa/) - For many, the start of the new decade has been like a nightmare, mainly because of the COVID-19 pandemic. It has shaken not just the global social landscape but also the financial markets as a whole. The economic impact brought about by the coronavirus is said to be worse than the 2008 financial crisis. In - [A New Threat to Cryptos - Could This Be What Bursts The Bitcoin Bubble?](https://forextraders.com/forex-news/could-unavoidable-ecological-concerns-burst-the-bitcoin-bubble/) - Monday the 1st of March The argument for cryptocurrencies having the potential to revolutionise the global financial industry is a compelling one. The blockchain technology used to support cryptos is, in principle at least, an upgrade to current accounting protocols. To date, the question has been which of the cryptos is best suited - [Are GBPUSD and the FTSE 100 Back in Sync?](https://forextraders.com/forex-news/are-gbpusd-and-the-ftse-100-back-in-sync/) - Thursday the 31st of December The final trading session of a roller coaster year shows further signs of normality coming back into the markets. High volatility has caused several markets to disconnect over the last 12 months but GBPUSD and the FTSE 100 appear to be realigning. As so many of the companies that make - [JPY/USD at 104.5, USDX Clings On – Election in Focus](https://forextraders.com/forex-news/jpy-usd-at-104-5-usdx-clings-on-election-in-focus/) - Quick read: US dollar index holds on despite political question marks Death of Ruth Bader Ginsburg casts doubt over election stability Japanese yen rises amid flight to safe havens Various Federal Reserve members will make speeches on Monday The greenback managed to cling on in the currency markets early on Monday as traders geared up - [Greenback Back in Business Amid More Pandemic Worries](https://forextraders.com/forex-news/greenback-back-in-business-amid-more-pandemic-worries/) - The impact of the coronavirus pandemic continued to be pertinent in the foreign exchange markets on Thursday and into Friday – with the dollar appearing to be the main beneficiary. The dollar index, which measures the performance of the greenback against several other currencies from across the globe, was up as Friday’s trading began. It - [Fed Minutes Confirm Double-Top in GBPUSD](https://forextraders.com/forex-news/fed-minutes-confirm-double-top-in-gbpusd/) - Some concerning news dripped into the markets on Wednesday as the minutes of the most recent meeting of the US Federal Reserve were dissected. Major equity indices managed to shrug off the bad news: they have been posting a succession of all-time highs over the last week and have a habit of focussing on positive - [EURUSD – How Low Can Eurodollar Go?](https://forextraders.com/forex-news/eurusd-how-low-can-eurodollar-go/) - Pressure continues to build on the euro, with the consensus being the question not which way the price will head but how far the euro might fall. A perfect and painful storm has hit the world's most traded currency pair. Weaker Euro Covid case rates in eurozone countries have sky-rocketed, and lockdowns have come into - [Euro Heads for High After European Commission News](https://forextraders.com/forex-news/euro-heads-for-high-after-european-commission-news/) - The euro surged ahead in the forex markets on Wednesday after the European Commission made a significant proposal about a bloc-wide aid package. The latest proposed package, which is as a result of the coronavirus pandemic, came directly from the EC and is understood to be worth €1.85tn. The development of such a package in - [EUR/JPY and Others Up as Stimulus Package Mooted](https://forextraders.com/forex-news/eur-jpy-and-others-up-as-stimulus-package-mooted/) - A stimulus package for economies in the Eurozone appeared to lift the mood of euro traders in the forex markets on Tuesday and into Wednesday. The development was fuelled by reports that a crunch meeting of senior European leaders this week could result in a financial bailout for those affected by the coronavirus pandemic. According - [With French Elections Done, Can We Expect Global Growth to Resume?](https://forextraders.com/forex-news/with-french-elections-behind-us-can-we-expect-global-growth-to-resume/) - The world, especially Europeans that have respected the status quo and supported the EU and the Euro, breathed a collective sigh of relief after French voters rejected the latest surge in populist sentiment that has been sweeping across developed economies. The “pause” button can now be tapped. We can shift out of neutral and begin - [Will Trump’s Bait-and-Switch Tax Plan Really Make the Economy “Rock”?](https://forextraders.com/forex-news/will-trumps-bait-switch-tax-plan-really-make-economy-rock/) - President Donald Trump was finally able to get a major piece of legislation through Congress, but opinions are mixed as to if it will really have its publicized impact. According to Trump: “We are really going to start to rock.” According to Janet Yellen, the outgoing Fed Chairperson: “It’s not a gigantic increase in growth.” - [Will Our Global Banking Sector Let Us Down Again?](https://forextraders.com/forex-news/will-our-global-banking-sector-let-us-down-again-when-the-crunch-comes-79766/) - The global economic picture continues to grow cloudier with each passing week, and as GDP growth rates slip another notch, uncertainty is increasing as to whether another crunch time is imminent. The threat of rising interest rates and the deflationary death spiral of commodities in general have rekindled fears that the financial crisis of 2007-2008 - [The First Quarter Is In – What Might We Expect?](https://forextraders.com/forex-news/the-first-quarter-is-in-what-might-we-expect-for-the-short-and-long-term/) - The first quarter of 2018 is now in the history books. Besides a new monthly Non-Farm Payroll Report, analysts will be focusing on the new earnings season and how various scenarios might play out, based on which sectors over or under perform. There will be a slight lull before this action starts, and what better - [The ABC’s of Trading Analysis FROM Technical to Fundamental](https://forextraders.com/forex-news/the-abcs-of-trading-analysis-from-technical-to-fundamental/) - The ongoing battle between Technical and Fundamental Analysis is most likely as old as trading itself. This vs. That, what do we opt for to make the most of our trading? Is there one right answer? Let’s take a look! Technical Analysis – what it’s all about This method analyzes charts, past stock pricing, indices - [Stocks Plunge, Analysts Swoon, is this Temporary or Something Bigger?](https://forextraders.com/forex-news/stocks-plunge-analysts-swoon-but-is-this-temporary-or-something-bigger/) - It was the best of days; it was the worst of days. Wednesday and Thursday may have been two of the “worst” days, but Friday has been about recovery. Our record-making Bull market just keeps plugging along, despite the screaming and yelling over the past few days. What is puzzling for analysts, however, is that - [November has Finally Arrived, but Analysts Continue their Recession Rants](https://forextraders.com/forex-news/november-has-finally-arrived-but-analysts-continue-their-recession-rants/) - For everyone on Wall Street, October was interminable. It just would not end. Even the optimists reviewed history and discovered that, even as bad as the month tends to be on equities and trading in general, the historical record revealed the last few days of the month were usually filled with previous bounce backs. The - [Recession Jitters Abound, Analysts Discuss Fed Actions and Forex Moves](https://forextraders.com/forex-news/recession-jitters-abound-as-analysts-discuss-fed-actions-and-forex-moves/) - Financial markets are anything but stable these days. Volatility has slowly raised it head, if only to get a sniff of air before descending to the depths once again. Political risk has escalated, as discordant tweets and tariff threats sweep the airways, and our new “low and slow” growth posture offers little hope of a - [More Optimism Mounting in the Commodity Sector and Related Currencies](https://forextraders.com/forex-news/more-optimism-mounting-in-the-commodity-sector-and-related-currencies-79588/) - As the investment community realigns its thinking about the reluctance of the Fed to raise interest rates only one or even two times in 2016, the proverbial half-empty glass has suddenly begun to fill of with optimistic water, once again. After five years of near disastrous results, commodities may be finally making a real comeback. - [Mario the Maestro Shocks the Euro and Markets Out of Complacency](https://forextraders.com/forex-news/mario-the-maestro-shocks-the-euro-and-markets-out-of-complacency-84355/) - O Mario, Mario! Wherefore art thou, Mario? Shakespearian drama is alive and well in Europe once more, as the undaunted Mario Draghi, temporarily overshadowed in recent months by the Fed’s normalization process, has suddenly leapt back center stage with all guns ablaze. Markets, perhaps, had been mislead by mild policy statements from our impresario from - [Loonie Bet Still Looms Large as Oil Ministers Play Global Chess Match](https://forextraders.com/forex-news/loonie-bet-still-looms-large-as-oil-ministers-play-global-chess-match-15558/) - Bobby Fischer, the American chess Grandmaster that defeated the Russians at their own game, but passed away in 2008, must be turning in his grave. Oil ministers from Russia, Saudi Arabia, and Iran are currently embroiled in a global chess match of epic proportions, yet the economic giants of the West are strolling the sidelines, - [The Inflation Enigma – Central Bankers are in a Quandary – Where Is It?](https://forextraders.com/forex-news/inflation-enigma-central-bankers-quandary/) - Countless articles have been written about the last decade’s gradual recovery from the worst recession since the Great Depression and the inability of central bankers, economists, and government officials to get things rolling once more down the road to greater prosperity for all. If you happen to have resided in a developing country, you might - [GDP Growth Impresses, but Fear of a Coming Crash Lingers](https://forextraders.com/forex-news/gdp-growth-impresses-fear-coming-crash-still-commands-respect/) - The latest readings of economic vital signs for the U.S. economy were impressive, though incongruous. GDP, according to this week’s release, grew at a 3% annual clip during the third quarter, but it was difficult to reconcile with previous reports in the jobs arena, which were depressed due to hurricanes and other natural disasters. As - [FxPro and McLaren F1™ Team Announce Partnership Agreement](https://forextraders.com/forex-news/fxpro-and-mclaren-f1-team-announce-partnership-agreement/) - 24 May 2018, London. Online broker FxPro and McLaren F1™ Team are delighted to announce a multi-year partnership agreement. From the Monaco Grand Prix (24-27 May), the McLaren MCL33 will feature prominent FxPro branding, highlighting the firm’s position as the world’s number one online broker. Zak Brown, Chief Executive Officer, McLaren Racing, commented: “We are - [Forex Markets Ranging Again, but Investors are Spooked by Oil](https://forextraders.com/forex-news/forex-markets-ranging-again-post-brexit-but-investors-are-spooked-by-oil-18019/) - Financial markets, especially the major pairings in the foreign exchange market, are in the summer doldrums once again, with prices confined to tight ranges and opportunities for quick gains few and far between. Are we experiencing the typical swoon attributed to investors going away in May to return another day? Brexit brought with it a - [EU Economic Outlook Slips as Italy Slides and Brexit Churns](https://forextraders.com/forex-news/eu-economic-outlook-slips-as-italy-slides-and-brexit-churns/) - The economic skies are looking gloomy again over the European continent, and poor Mario Draghi, our inimitable chairman of the ECB, has already used just about every phrase that exists in his central banking playbook, until he overtly described the present situation as “overcast”. The EU economy has once again failed to deliver, although it - [Equity Markets – Pointing Out the Next Move? Market Update 20/10](https://forextraders.com/forex-news/equity-markets-pointing-out-the-next-move-market-update-20-10/) - Day 2 of the trading week and some of the trends we identified yesterday are coming into play. The research note “Head to Cable if You Want Volatility” identified GBPUSD as the market to head to for price volatility and intraday price moves panned out as expected. Source: IG The 0.75% price spike and fall - [Emotions Run High in the UK as the “Brexit” Referendum Approaches](https://forextraders.com/forex-news/emotions-run-high-in-the-uk-as-the-brexit-referendum-approaches-93409/) - Emotions are reaching a fever pitch in the UK, as the June 23rd "Brexit" referendum draws near. On its surface, the vote appears to be simple decision that will restore British sovereignty by replacing EU membership with a standard trade agreement, but passions over the impending decision are getting out of hand. Brits are currently - [Chinese Monetary Policy Announcement Spells Good News for Forex](https://forextraders.com/forex-news/chinese-monetary-policy-announcement-spells-good-news-for-forex-markets/) - Tuesday’s forex market was dominated by news that China may re-consider its current monetary policy stance. A business newspaper owned by the government-operated Xinhua News Agency claimed that while China was planning to persist with its current overall monetary policy, it would look at ways in which it could promote deleveraging in the face of - [Brexit Update: The Rollercoaster Ride has Flattened, More Drama to Come](https://forextraders.com/forex-news/brexit-update-the-rollercoaster-ride-has-flattened-but-more-drama-to-come-24616/) - Brexit - It was "the vote heard ‘round the world", as many have called it, but if you were in the financial markets, you either won big or took one for the team. The bloodshed was reminiscent of last year’s currency fiasco when the Swiss National Bank removed the Euro peg on the Swiss Franc, - [Bitcoin Rebukes Critics – Roars Back to $8,000](https://forextraders.com/forex-news/bitcoin-rebukes-critics-roars-back-to-8000-with-higher-realms-to-come/) - Bitcoin bulls are on the march, while the bears are running for cover. Defying its worst critics and technical protestations that a major pullback was in order, the world’s oldest and largest cryptocurrency bounced back from a temporary setback, only to continue its meteoric rise to loftier territories. For those traders that like a rollercoaster - [Bitcoin and Ethereum Buyers Exuberate Irrationally, but is it Bubble Time?](https://forextraders.com/forex-news/bitcoin-ethereum-buyers-exuberate-irrationally-bubble-time/) - Everyone loves a great investment, especially one that outperforms all others and then some. Would you believe that crypto-currencies are the rage of this market? People are crawling over one another to invest, not knowing the risks or what even a Bitcoin or an Ethereum is, but they do not want to miss out on - [Belgian Regulators Tighten the Noose Around Binary Broker Bad Practices](https://forextraders.com/forex-news/belgian-regulators-tighten-the-noose-around-binary-broker-bad-practices-63000/) - According to economists, competition in any industry is usually a good thing. It lowers prices for the consumer. It encourages innovation. It promotes quality service, but we seldom hear about the dark side of competition and what it can create in the way of shady business practices. Questionable business dealings and, sometimes, outright fraud are - [Banking Narrative for 2019 Taking Shape – Same Concerns Persist](https://forextraders.com/forex-news/banking-narrative-for-2019-taking-shape-many-of-same-concerns-persist/) - Banking foreign exchange departments are always in a state of flux, when it comes to forecasting the next month, let alone the next quarter. When it comes to the next year, then a more determined effort usually produces a consensus view of how they expect the global economy to evolve over the next calendar year. - [As Financial Markets Tense Up, is a Major Sell Off an Eventuality?](https://forextraders.com/forex-news/as-financial-markets-tense-up-is-a-major-sell-off-an-eventuality-94454/) - The French philosopher Voltaire once wrote, "Uncertainty is an uncomfortable position. But certainty is an absurd one." We are one month into the Trump Presidency, and, if anything is certain, it is that a great deal of uncertainty persists. Financial markets are in a quandary as to next steps, tense, if you will. Voltaire understood - [As Experts Weigh in on 2017, the Question is When to Short the USD](https://forextraders.com/forex-news/as-experts-weigh-in-on-2017-the-question-becomes-when-to-short-the-usd-25781/) - We are half way into February, but the jury is still out as far as what the next twelve months might bring. Uncertainty surrounds President Trump’s entreaties of better days to come, but rhetoric and Executive Orders do not a great economy make. Euphoria may still grip equity markets in the U.S., but stock values - [Are You Aware of Our Most Accurate Leading Indicator of Economic Peril?](https://forextraders.com/forex-news/are-you-aware-of-our-most-accurate-leading-indicator-of-economic-peril/) - Everyone loves a good indicator, especially when it is an accurate predictor of the future. Analysts are always searching for this “Holy Grail”, of sorts, that one chart that displays a trend that is so undeniable, future events must conform. There is one indicator that is generally accepted as the most accurate of all. The - [Analysts Still Edgy Before Payroll Data – Too Much Lipstick on this Pig](https://forextraders.com/forex-news/analysts-still-edgy-payroll-data-much-lipstick-pig/) - With each passing week and month, it is getting more and more difficult to find any optimists out there in the analyst community. For every one thing that looks positive, there seem to be two or three other items that cause concern in a number of quarters. For anyone that had the chutzpa to invest - [Yuan Struggles Further Despite Confusion Over Tariff Date](https://forextraders.com/forex-news/yuan-struggles-further-despite-confusion-over-tariff-date/) - The Chinese yuan did not manage to hold on to rises it saw on Tuesday as foreign exchange trading hit the midpoint of an unusual week. The offshore version of the yuan, which is traded on the free market against other currencies as opposed to the centrally controlled onshore version, saw some brief gains on - [Why the Market Turmoil? A Strong USD is at the Core of the Issue!](https://forextraders.com/forex-news/why-the-market-turmoil-a-strong-usd-is-at-the-core-of-the-issue-50436/) - Volatility rocked the world’s markets last week. Everyone had an opinion as to why the boat was rocking, but no one got into the water to check out the hull of the boat. First, Chinese officials were at fault for hastily trying to revive their failing economy. Then, every pundit on the planet brought out - [What’s on the Horizon on the Foreign Exchange Calendar Next Week?](https://forextraders.com/forex-news/whats-on-the-horizon-on-the-foreign-exchange-calendar-next-week/) - The forex calendar is looking busy next week, and there’s a lot for traders to ensure they keep their eyes on. Monday, there will be a few bank closures due to public holidays in North America. Labor Day will close institutions in North America, so trading of the US and Canadian dollars may well be - [What’s Ahead for Forex Traders Now That a New Week is Here?](https://forextraders.com/forex-news/whats-ahead-for-forex-traders-now-that-a-new-week-is-here/) - Now that a new forex trading week is kicking off, it’s a good time to assess what’s scheduled on the economic calendar. Today (Tuesday) will be a busy day, with several central bankers expected to make speeches during the lunchtime slot in the GMT time zone. Silvana Tenreyro, who sits on the Bank of England’s - [The Only Way is Up? Some Key Indicators to Look Out for This Week](https://forextraders.com/forex-news/watch-these-key-indicators-as-risk-appetite-returns-to-the-markets/) - A barnstorming shift into risk last week saw traders across a range of asset groups post positive returns. Sterling and crude posted negative price returns that could be explained away as price consolidation after months of upward movement. Instrument 5th April 12th April Hourly Daily - [US Data Releases Set to Dominate Wednesday’s Forex Trading](https://forextraders.com/forex-news/us-data-releases-set-to-dominate-wednesdays-forex-trading/) - Now that the midway point has been reached in the foreign exchange trading week, it’s time to explore what might be on the cards for the rest of the week. Today (Wednesday) there will be a number of important US data releases. Housing starts for the month of June will be out at 12.30pm GMT - [US Data in Focus Tomorrow Ahead of Chinese News on Friday](https://forextraders.com/forex-news/us-data-in-focus-tomorrow-ahead-of-chinese-news-on-friday/) - The remainder of the foreign exchange trading week looks set to be just as exciting as the first half, with many diverse economic calendar events scheduled in. Tomorrow (Thursday) will begin with a range of events in Australia. At 1.10am GMT, there’ll be a speech from Guy Debelle, Assistant Governor for Financial Markets at the - [US Jobs Data Gives a Boost to Some, But Not All, Equities](https://forextraders.com/forex-news/traditional-industry-stocks-markets-bounce-on-us-jobs-number-beating-expectations/) - The Dow Jones stock index had a barnstorming Friday session on the back of better-than-expected US job numbers. The monthly Non-farm Payrolls report came out as many global markets were closed for an extended Easter weekend holiday, but the equity futures markets which were still open rallied hard into the close. In the 90 - [Trade Talks Back On – and Dollar, Yuan Rise in Forex Markets](https://forextraders.com/forex-news/trade-talks-back-on-and-dollar-yuan-rise-in-forex-markets/) - The long-awaited resumption of trade talks between the US and China appeared to have been secured over the weekend. The trade battle between the two countries has been causing problems for months, but the G20 summit this past weekend is believed to have been the site of an agreement between the two sides. Chinese President - [The Fed has Spoken – Is the 25bp Rate Cut Too Tittle Too Late?](https://forextraders.com/forex-news/the-fed-has-spoken-is-the-25bp-rate-cut-too-little-too-late-or-will-it-help/) - The time for hand wrangling is over, as it is for speculation from financial pundits and insights drawn from the futures market. The Fed has finally spoken, and financial markets did not hear exactly what they were expecting. Chairman Powell and his banking buddies equivocated. The market half expected a 50 basis point rate cut, - [Talks Back On: China/US Plans Help Forex Markets Around the World](https://forextraders.com/forex-news/talks-back-on-china-us-plans-help-forex-markets-around-the-world/) - The foreign exchange markets found themselves appreciating some breathing space on Thursday and into Friday after it was announced that the two major world economies currently locked in a trade battle would talk in an attempt to resolve their differences. The US and China, which have been hitting each other with reciprocal tariffs for many - [Sunak’s Budget Looks Set to Shake Up the UK Equity Markets](https://forextraders.com/forex-news/sunaks-budget-looks-set-to-shake-up-the-uk-equity-markets/) - Those trading the UK markets will be watching Wednesday’s budget announcement with great interest. The Chancellor’s annual announcements regarding economic growth patterns and the government’s response to them has added interest this year. The unprecedented events of last year, and a lack of consensus about what path he’ll take, look likely to cause significant price - [Strong Start to the Week as Markets Focus on Reasons to be Cheerful](https://forextraders.com/forex-news/strong-start-to-the-week-markets-focus-on-two-reasons-to-be-cheerful/) - A clear trend has taken over the markets. The only question for traders and investors is how long it might last? Thursday’s research report from the Forex Traders analysts team picked out the risk-on appetite. The prediction that GBPUSD would continue to rise but gold might stumble was right on both counts. GBPUSD – 1H - [Stocks, Commodities, Forex: All Held Hostage by Trump’s Tax Plan Reveal](https://forextraders.com/forex-news/stocks-commodities-forex-all-held-hostage-by-trump-s-tax-plan-reveal-18074/) - The Devil is in the detail. This familiar phrase seems most appropriate at this stage, as uncertainty grips our financial markets. Without the details of President Trump’s tax plan proposals, global markets have suddenly stalled, like deer in the headlights. Trump-phoria has continued for nearly an eternity, but analysts are beginning to ask specific questions, - [GBPUSD –Sterling’s Price Surge Makes it the Market to Watch](https://forextraders.com/forex-news/sterling-surges-after-election-results-nfp-scuppers-the-dollar/) - Monday’s one per cent intraday move in GBPUSD is a notable event. The upward momentum in sterling marks it out as the market to watch as a range of fundamental and technical factors come into play. When the global financial markets opened this week, sterling was trading at 1.399 and facing the challenge of - [Sterling Back in Business as Forex Market Attempts Realignment](https://forextraders.com/forex-news/sterling-back-in-business-as-forex-market-attempts-realignment/) - The established expectations of the foreign exchange market which have built up over the last few months appeared to begin to wither on Thursday and into Friday after currencies like the pound saw surges rather than drops. Sterling, which has been besieged for months by worries over the ongoing Brexit saga, reached its best-performing point - [Jittery Markets Spooked by Vaccine Problems and Turkish Lira Flare-up](https://forextraders.com/forex-news/significant-moves-in-the-market-suggest-increased-uncertainty/) - Stock Indices on the Slide Global stock indices were treading water early on Monday, with Europe and Asian markets hovering near the security of big numbers. Nikkei 225 – 28,972 Hong Kong Hang Seng - 28,864 FTSE 100 - 6788 CAC 40 – 5981 The uncertainty is playing on investors' nerves and following - [Safe Havens Continue to Reign Supreme as Uncertainty Spikes](https://forextraders.com/forex-news/safe-havens-continue-to-reign-supreme-as-uncertainty-spikes/) - The Japanese yen continued to attract traders on Tuesday as a range of global economic and political events came together. The currency, which is seen as a safe haven because it has high net foreign assets, rose yesterday in the aftermath of renewed uncertainty about whether or not the US government would be able to - [Risk Back on the Agenda? Strange Moves in the Forex Market](https://forextraders.com/forex-news/risk-back-on-the-agenda-strange-moves-in-the-forex-market/) - Risk appeared to be back on the foreign exchange market priority list on Wednesday and into Thursday after a series of twists and turns in the forex market. Other than the US dollar, many leading currencies around the world dipped in value as riskier ones surged to the fore. The Australian dollar, which is noted - [We Just Got the Clearest Signal of Which Way the Markets Are Heading](https://forextraders.com/forex-news/review-of-us-fed-fomc-and-jerome-powell-statement-on-rates/) - The US Federal Reserve has spoken. The two-day summit of FOMC officials ended with the interest rate decision and its accompanying statement confirming that it is changing as little as possible. That conclusion was largely priced in by the markets, and major indices were slightly up as a result. Source: IG The Fed's - [Surprise Developments in the FTSE – More to Come This Week?](https://forextraders.com/forex-news/preview-of-uk-markets-ftse-100-and-gbpusd-in-focus/) - A mixed bag of technical analysis data points towards an uptick in price volatility this week and the offer of a range of trading opportunities. Several equity indices markets look primed to rebound and test previous highs. Forex markets are also forming interesting price patterns. Potential for Increased Price Volatility The previous - [The Reports to Watch This Week and The Markets They’ll Impact](https://forextraders.com/forex-news/preview-of-the-weeks-news-including-us-fed-and-us-q1-gdp-numbers/) - It’s a busy week in terms of economic reports, with Wednesday and Thursday being the days to watch. Wednesday – US Federal Reserve Interest Rate Announcement Thursday – US Q1 GDP Report There appears no chance of a US interest rate hike and little chance of a change in fiscal policy. Markets are - [It’s Time to Check the Small-Print to Spot the Next Market Move](https://forextraders.com/forex-news/preview-of-ecb-and-us-earnings-that-will-be-in-focus-on-thursday/) - Thursday looks set to be a day of big announcements wrapped around small, hard to find clues as analysts try to predict where the markets are heading. The European Central Bank (ECB) will update the markets on interest rates and Covid-support policies, and a rack of US corporations across a range of sectors will - [Pessimists are Grabbing the Headlines, but Optimists Still Exist Out There](https://forextraders.com/forex-news/pessimists-are-grabbing-the-headlines-but-optimists-still-exist-out-there-12239/) - September has come and gone. It has traditionally been a bad month for financial markets. The story goes that returning vacationers hit their desks running, filled with uncertainty, and then pull back from whatever strategy was in place, churning the markets to lower support levels. This September followed the rule, falling some 3% on the - [Oil, Crypto and Silver Markets Continue to Build Momentum](https://forextraders.com/forex-news/oil-crypto-and-silver-markets-continue-to-build-momentum/) - A blockbuster start to the week has been followed by a period of price consolidation. Vaccine hopes and recovery plans dominate the headlines with Bitcoin’s continued price strength generating a sense of FOMO which appears to be carrying over to other asset groups. Oil US Crude oil (WTI) posted a 12-month high and for part - [Bonanza! Monday’s Failed Dollar Breakout Triggers Commodities Rush](https://forextraders.com/forex-news/mondays-dollar-weakness-triggers-a-rush-into-commodity-assets/) - Monday’s failed break out by USD has triggered a frenzy of buying activity in risk-on assets. The start of the week saw a tentative move through a two-day downward trend-line. It wasn’t supported by an increase in trading volumes and yet another “new dawn” for USDX ultimately fizzled out at 90.543. The resulting slide - [Markets Prepare for Series of Major Interest Rate Decisions](https://forextraders.com/forex-news/markets-prepare-for-series-of-major-interest-rate-decisions/) - Events conspired to bring the forex trading markets four major currency interest rate decisions at once across Wednesday and into Thursday. The Federal Reserve, the Bank of Japan, the Bank of England and the Swiss National Bank are all expected to announce their new rates over the course of the next few days. Some of - [Round 1 to The Bulls - All-Time Highs for Nasdaq and S&P 500](https://forextraders.com/forex-news/market-update-stocks-rally-on-us-earnings-beats-what-next/) - Two of the world’s most important stock indices posted record highs on Monday as positive earnings reports brought boom-time back to the markets. The tech-heavy Nasdaq Composite was up 0.9% on Monday and posted a record close. At the same time, the S&P 500 index ran into the closing bell at a record 4188 - [Looking Ahead: What’s appening in the forex markets next week?](https://forextraders.com/forex-news/looking-ahead-whats-happening-in-the-forex-markets-next-week/) - Now that one forex trading week is coming to a close, it’s time to look ahead to what the next week has to offer in the forex markets. A range of public holidays will take place on Monday and are likely to cause slowdowns in trading in both North America and in Asia. Columbus Day - [Japan, Argentina and More in the Forex Headlines as Uncertainty Reigns](https://forextraders.com/forex-news/japan-argentina-and-more-in-the-forex-headlines-as-uncertainty-reigns/) - The Japanese yen continued to do well in the foreign exchange markets on Monday and into Tuesday as geopolitical tensions continued to simmer. The yen, which is a so-called “safe haven” currency known to perform well during times of strain elsewhere, manage to build on the successes it has seen over tensions in the ongoing - [Is Market Risk About to Peak? More Tales From the Darkside](https://forextraders.com/forex-news/is-market-risk-about-to-peak-more-tales-from-the-darkside-58764/) - As traders, we always have to keep one eye open for the potential of fraudulent activity, while the other is firmly focused on Market Risk, the "Mother" of all risk issues. Experts have been predicting the end to our current secular Bull market for years, but the hype has been escalating over the past several - [Is It Time to Revisit Investing in Bitcoin?](https://forextraders.com/forex-news/is-it-time-to-revisit-investing-in-bitcoin/) - For the first four months of 2021, Bitcoin, the leader of the crypto pack, was on a tear, setting a new all-time high and casting aside the disparaging tone of its critics. Alternative coins, or altcoins, were also benefiting from the flow of capital into these high-risk assets, but then May arrived as a damper - [Is a Stock Market Correction Imminent?](https://forextraders.com/forex-news/is-a-stock-market-correction-imminent/) - No matter how well the stock market is doing, there will always be a naysayer or two who claim that a crash is imminent, typically accompanied by a sales pitch on how to protect your portfolio when the sky falls. Current stock market values are indeed elevated, and once again the doom-and-gloomers are beginning to - [Tesla – Will This Personal Battle Finally Send the Share Price Crashing?](https://forextraders.com/forex-news/interesting-moves-as-famed-investor-michael-burry-shorts-tesla-stock/) - Tesla’s valuation has for a long-time had many analysts scratching their heads. Those using traditional valuation models to conclude Tesla shares are overpriced have had to be very cautious about converting that thinking process into a short position. The phenomenal price rise in Tesla stock has left many short sellers nursing losses. Regardless of how - [GBPUSD Exchange Falls on Brexit Concerns, US Economic Growth Data](https://forextraders.com/forex-news/gbp-usd-exchange-falls-on-brexit-concerns-us-economic-growth-data/) - The spectre of a no-deal Brexit continued to weigh on sterling (GBP) in forex trading on Thursday as the exchange rate to the US dollar slumped. The European Union’s Michel Barnier, who has been the chief negotiator with the UK as the latter continues its efforts to prevent an acrimonious divorce from the bloc in - [Friday and the Weekend in the Forex Markets: a Quick Guide](https://forextraders.com/forex-news/friday-and-the-weekend-in-the-forex-markets-a-quick-guide/) - Now that the foreign exchange week is drawing to a close, it’s time to see what’s happening today and over the weekend. Friday will be a relatively busy day in the markets. All day there will be a meeting of the Eurogroup, which sees the president of the European Central Bank meet with finance ministers - [Forex Trading in the Middle of the Week: What’s Left to Come?](https://forextraders.com/forex-news/forex-trading-in-the-middle-of-the-week-whats-left-to-come/) - It’s Wednesday, and that means the middle of a new foreign exchange market trading week is here. What’s left on the horizon for the rest of the week? Today (Wednesday), there will be a number of major events. A series of central banker speeches have been scheduled in the US for across the day: Charles - [For the Loonie to Fly Again in 2015, Crude Oil Must Recover](https://forextraders.com/forex-news/for-the-loonie-to-fly-again-in-2015-crude-oil-must-recover-by-end-of-year-89516/) - So goes Oil, so goes the Loonie, a phrase that most Canadians are tired of hearing. But the last twelve months have not been good for petroleum products, and, in the process, the Loonie has fallen like a crippled bird in flight, unable to get its wings to cooperate. The "buckshot" of a declining global - [Fed’s Impending Decision, UK Election Dominate Forex Markets](https://forextraders.com/forex-news/feds-impending-decision-uk-election-dominate-forex-markets/) - Two major global events managed to take the lion’s share of the foreign exchange market’s attention on Tuesday and into Wednesday. The decision of the US central bank, the Federal Reserve, was awaited by traders. The decision is due to come at 6pm GMT today (Wednesday), and has been under consideration since yesterday when the - [Fed Chairman Caught Between a Rock and a Hard Place Before Hearings](https://forextraders.com/forex-news/fed-chairman-caught-between-a-rock-and-a-hard-place-before-hearings/) - Like it or not, we have raised our central bank chairmen to celebrity status. Financial markets move to the beat of their every word. Their status, however, is in jeopardy. The reality of the present global economy and their supposed temporary policies that have lasted a decade are quickly converging upon a tipping point of - [European Central Bank’s Decision Sends Euro High in Forex Markets](https://forextraders.com/forex-news/european-central-banks-decision-sends-euro-high-in-forex-markets/) - The single European currency once again won out on Thursday and into Friday after the central bank covering the Eurozone provided mixed signals to the markets. It managed to cut deposit rates to their lowest in a long time. They went from -0.4% to -0.5%, which represented a cut of ten basis points. It also - [End of the Week is Here – But What’s Next for Forex Markets?](https://forextraders.com/forex-news/end-of-the-week-is-here-but-whats-next-for-forex-markets/) - Another forex trading week is drawing to a close, but traders would be foolish to switch off early given that there’s plenty on both today and over the course of the weekend. Speeches from central bankers will form a big part of the day, and this is due to the Jackson Hole Symposium which is - [End of the Week Here for Forex Markets – What’s Happening?](https://forextraders.com/forex-news/end-of-the-week-here-for-forex-markets-whats-happening/) - The end of the foreign exchange trading week might now be upon us, but what’s scheduled in on the economic calendar to happen in the next few days? Firstly, today (Friday) there will be some key data releases coming out of both Europe and the US. Gross domestic product information for the second quarter of - [ECB Decision, Major US Data Releases All Expected Next Week](https://forextraders.com/forex-news/ecb-decision-major-us-data-releases-all-expected-next-week/) - There’s a lot on the cards in the forex trading world next week, so it’s worth doing some research into the economic calendar. Monday, there will be a monthly report from the Germans Bundesbank, which is the nation’s central bank, released at 10am GMT. Later on there’ll be an activity index release from the Chicago - [Special Delivery! Deliveroo is Coming to the London Stock Exchange](https://forextraders.com/forex-news/deliveroos-ipo-on-wednesday-could-shed-light-on-market-sentiment/) - Wednesday will see one of the biggest floats on the London Stock Exchange (LSE) in a decade when the online food delivery service Deliveroo lists shares on the market. The release of stock in the loss-making operation divides opinion and could prove to be something of a barometer for general investor appetite. Even if you’re - [Decline for Dollar After Federal Reserve Decision Comes Out](https://forextraders.com/forex-news/decline-for-dollar-after-federal-reserve-decision-comes-out/) - The US dollar went down compared to its major rivals on Thursday morning following a difficult day in which the country’s central bank took interest rates even lower than before. On Wednesday, the Federal Reserve decided to cut interest rates for the third time in 2019, reducing it to 1.75% from 2% – a cut - [Crypto Traders: New Bloomberg Study Highlights Weekend Opportunities](https://forextraders.com/forex-news/crypto-traders-new-bloomberg-study-highlights-weekend-opportunities/) - The “trick”, if there is such a thing, to winning in the foreign exchange trade is to find something that gives you an “edge”, as if it tilts the forex table in your direction, and then to develop a trading strategy around the “trick” that you have discovered. The goal is always to have a - [Copper and Oil Surge – Are We in a Commodity Super-Cycle?](https://forextraders.com/forex-news/copper-and-oil-surge-analysis-of-whether-we-are-in-a-commodity-super-cycle/) - The surge in global commodity prices continues with copper and oil leading the way. Oil Prices – It’s Not Just About Increased Demand The price of crude has risen by almost 50% in the space of only three months. At Thursday’s opening of European markets US Oil (WTI) was trading at $61.60, up 2.17% - [Central Banker Speeches Set to Dominate Tuesday’s Forex Markets Action](https://forextraders.com/forex-news/central-banker-speeches-set-to-dominate-tuesdays-forex-markets-action/) - The week has started off slowly when it comes to forex market trading, but it’s likely to get busier from today (Tuesday) onwards. There are lots of major central banker speeches scheduled in on the economic calendar today, meaning that global fever over potential changes to interest rates is unlikely to subside in the coming - [Burned out on Strategy? Go Back to Basics like “Bouncing the Bollies”](https://forextraders.com/forex-news/burned-out-on-strategy-go-back-to-basics-like-bouncing-the-bollies-54382/) - Are you experiencing complex trading strategy overload? Every forex tutorial known to man states that you must have a strategy and exercise "stick to" discipline in order to record consistent gains over time. Sounds simple enough, but there are thousands of strategy gurus on the web promoting their pet strategies. Which one is best? None - [Burned Out on Strategy? Consider Trading Forex with the “Fibs”](https://forextraders.com/forex-news/burned-out-on-strategy-consider-trading-forex-with-the-fibs-37129/) - Strategy development is an essential ingredient for achieving success in the trading arena. If a trader is ever to generate net gains on a consistent basis over time, he must have a step-by-step plan to guide his efforts, primarily to block his mind and emotions from undoing his decision-making process. It is an art form, - [Bonds, Stocks, and Inflation Up – What's Going On with the US Economy?](https://forextraders.com/forex-news/bonds-up-stocks-up-inflation-up-what-is-going-on-with-the-us-economy/) - Strange things are happening in the U.S. financial marketplace. The recent CPI inflation update caused a bit of a stir. The general rate may have only increased 0.1%, not that big of a deal, but the rate that most analysts follow religiously is the rate with food and energy backed out. This rate rose 0.3% - [Market Uncertainty – Bulls & Bears To See Entry Points at Current Levels](https://forextraders.com/forex-news/bond-yield-moves-spook-the-markets-prices-hanging-in-the-balance/) - The prospect of rising bond yields has certainly spooked the markets. The fixed income guys have the reputation of being some of the most brilliant guys in the room. Their decision on Wednesday to sell bonds and drive-up yields pointed to a long-term change in the economic outlook. That then created uncertainty in other asset - [Bitcoin Touches $50,000 Again – Some Near and Long-Term Thoughts](https://forextraders.com/forex-news/bitcoin-touches-50000-again-some-near-and-long-term-thoughts/) - Bitcoin enthusiasts were cheering on Sunday evening when their favourite cryptocurrency once again touched, kissed, or demonstratively crossed over into the promised land, the once trodden territory of $50,000. Last week’s “risk-off” red light was supposed to spell the end of Bitcoin’s recent recovery, but the King of Cryptos had something else in mind. How - [Bitcoin Recovery Stalls as the SEC, Congress and China Pile on the Heat](https://forextraders.com/forex-news/bitcoin-recovery-stalls-as-the-sec-congress-and-china-pile-on-the-heat/) - Just when you thought that it was safe to dive into the crypto pool again, the SEC and Congress have resumed attack mode, while China’s crackdown has continued to evolve. Gary Gensler, the new chairman of the SEC courtesy of the Biden administration, likens the crypto industry to the Wild West – free, unbridled, and - [Australian Dollar Up in Forex Markets After Chinese Boost](https://forextraders.com/forex-news/australian-dollar-up-in-forex-markets-after-chinese-boost/) - The Australian dollar was the surprise victor in forex market trading on Monday morning as the markets woke up from the weekend. It rose in its pair against the US dollar by a fifth of a percentage point and reached $0.7024 at one stage. This was largely due to a rise in industrial output from - [As Fed governors Continue to Flip Flop, the Yen Continues to Strengthen](https://forextraders.com/forex-news/as-fed-governors-continue-to-flip-flop-the-yen-continues-to-strengthen-68686/) - After the initial drama of 2016, a calm of sorts has settled the waves in financial markets, producing a series of ranging behaviors across the investment landscape. The highly anticipated Fed liftoff for interest rate normalization finally took place. The chaos surrounding China, its equity markets, and its attempt at a soft economic landing has - [As Bitcoin Dominance Reaches 65%, the Future of Altcoins is Questioned](https://forextraders.com/forex-news/as-bitcoin-dominance-reaches-65-the-future-of-altcoins-is-questioned/) - There is a subtle shift occurring within the crypto-verse. While Bitcoin continues to excel, blasting through resistance and ascending once more into 5-digit status, altcoins as a group are being left in the dust. In the past, the leading digital currency would gracefully hand over the baton, so to speak, while it consolidated its winnings, - [Why Earnings Season Could be About to Shatter the Markets](https://forextraders.com/forex-news/analysis-of-us-earnings-season-and-why-valuations-could-be-off/) - Global stock futures are treading water as the US earnings season enters its second week. Big banks such as Goldman Sachs and JPMorgan kicked things off last week and brought about a temporary rally, but that has fizzled out with eyes shifting to tech stock announcements. Soon after the European session's opening on Tuesday, - [Preview of Upcoming News – How to Keep on Top of The Markets](https://forextraders.com/forex-news/analysis-of-upcoming-central-bank-news-liquidity-vs-inflation/) - The positive US jobs data released on the 5th of March took some time to feed into the markets in terms of higher asset prices, but they finally finished last week in bullish mode. Reasons for the delayed reaction aren’t clear, but the below non-USD currencies, indices and precious metals all ended up positive on - [Ever Given – An Oil Price Disconnect Lurks Beneath the Surface](https://forextraders.com/forex-news/analysis-of-current-market-oil-market-conditions-and-the-ever-given/) - The majority of last week's price moves were in line with a sleepy end to the first quarter. Equity investors saw the major indices close up on the week, FTSE 100 +0.70% and S&P 500 +1.18%. The US dollar found some strength, and EURUSD was down -0.85% and GBPUSD down -0.62%. Getting into positions - [Suez Blocked. Markets Blocked. How to Trade a Clogged-up Market](https://forextraders.com/forex-news/analysis-of-current-market-conditions-and-what-sectors-to-follow/) - The 400m long Ever Given 'mega ship' that has blocked the Suez Canal has left vessels of all types waiting to pass through one of the world's busiest waterways. Approximately 12% of world trade passes through the canal and the 4% spike in spot oil prices provided an immediate demonstration of the consequences of the - [All Eyes on Jackson Hole and Powell - Will the Fed Taper or Not?](https://forextraders.com/forex-news/all-eyes-on-jackson-hole-and-powell-will-the-fed-taper-or-not/) - To taper or not to taper, that is the question? A funny thing happened on the way to the forum or, perhaps, it was on the way to Jackson Hole, but the markets chose to ignore the elephant in the room once more and establish new All-Time Highs (ATHs) as if all was right with - [A Fresh Forex Trading Week is on the Cards](https://forextraders.com/forex-news/a-fresh-forex-trading-week-is-on-the-cards-whats-happening/) - A new foreign exchange trading week kicks off today (Monday) – and with several events scheduled into the calendar, it’s well worth preparing ahead by looking at the calendar. Trading in Asia may well slow down over the course of the day thanks to the Respect for the Aged day Bank Holiday in Japan, which - [A Look Ahead to Next Week in the Forex Trading Markets](https://forextraders.com/forex-news/a-look-ahead-to-next-week-in-the-foreign-exchange-trading-markets/) - Now that this forex trading week is winding down, it’s time to look ahead and see what’s due in the forex markets next week. Sunday, there will be some slight action, especially later on in the day. Australia’s construction performance index for September will be released at 9:30pm GMT. This was last recorded at 44.6. - [Now's The Time To Get Ready For The Fed's Next Rate Announcement](https://forextraders.com/forex-news/nows-the-time-to-get-ready-for-the-feds-next-rate-announcement/) - Recent moves in the forex markets confirm it's the time of the month when all eyes turn to the US Federal Reserve, which is due to give its next update on interest rate policy on Wednesday, 27th July. A pre-announcement break out of the current upward trend of the greenback might be relatively unlikely. Sideways trading - [Tapering is Coming - Strategy Ideas & AUDNZD Case Study - Part II](https://forextraders.com/forex-news/tapering-is-coming-strategy-ideas-audnzd-case-study-part-2/) - The ‘How to Trade Tapering’ case study/trade idea from Tuesday is in profit. There is some surprise about the strength of current momentum, and even those not holding a position might do well to track its progress. With a range of tapering induced unwinds in the calendar, getting a feel for the strength of the - [Tapering is Coming - Strategy Ideas & AUDNZD Case Study – Final Part](https://forextraders.com/forex-news/tapering-is-coming-strategy-ideas-audnzd-case-study-final-part/) - The AUDNZD trade idea identified on 5th of October looks to have played itself out. Depending on how the life-cycle of the trade was managed by those who took it on, the value in the proposition might come from the lessons learned rather than the profits banked. Aussie-Kiwi was taken as an example of how central bank - [Earnings Season is Beginning to Reveal](https://forextraders.com/forex-news/earnings-season-is-beginning-to-reveal/) - Wednesday was the biggest day so far for this round of US earnings releases. Although market reaction was relatively muted, the sight of different asset groups heading in different directions suggests fireworks could be just around the corner. Goldman Sachs, Wells Fargo, Bank of America, Citigroup and JP Morgan Chase have all provided updates on - [Market Review: Analysis of Price Volatility Levels](https://forextraders.com/forex-news/review-of-weekly-market-moves-with-analysis-of-price-volatility-levels/) - Last week’s inflationary scare has resulted in a significant uptick in price volatility. The CPI report out of the US revealed that US consumer prices in April increased at the highest rate for 12 years. As identified in this report, the CPI report was spooking the markets even before it was released. Tuesday the 11th - [Market Round Up Following the Extended Easter Break](https://forextraders.com/forex-news/market-round-up-following-the-extended-easter-break-market-movers/) - Global markets have had a lot to digest over the extended weekend break. During Tuesday's session, APAC equity markets sold off as the US-Japan political summit diarised for next week exposed underlying points of friction between Tokyo and Beijing. In early trading in London, stock futures were in positive territory with the FTSE 100 up - [How To Trade Euro-Dollar as it Nears Parity](https://forextraders.com/forex-news/how-to-trade-euro-dollar-as-it-nears-parity/) - Euro-dollar looks set to take centre stage in the forex markets for the foreseeable future as a range of factors combines to provide a perfect storm for the currency pair. Geopolitical risk is back at the top of the agenda, and the eurozone’s most important economy, Germany, is facing the possibility of running out of - [How Low Can Euro and Sterling Go?](https://forextraders.com/forex-news/how-low-can-euro-and-sterling-go/) - The ease with which EURUSD and GBPUSD just cut through key technical support levels raises the question of what next for both currency pairs? Buyers just stepped out of the way on Tuesday and Wednesday, and while a short-term rebound can’t be discounted, it looks like both forex pairs are heading to new ranges on the - [What to Look Out For in Forex Markets in July](https://forextraders.com/forex-news/what-to-look-out-for-in-forex-markets-in-july/) - The fireworks let off during the US 4th July holiday have historically signalled a mood shift in the financial markets. The summer doldrums associated with the holiday season that stretches over the following months reflects that at any one time, a proportion of ‘rainmakers’ will be holidaying, rather than deciding where exactly to allocate millions, if - [These Top Investors Say The Market Crash Has Only Started](https://forextraders.com/forex-news/these-top-investors-say-the-market-crash-has-only-started/) - The brutal sell off in risk-on assets marked the first half of 2022 and has left investors facing a dilemma. Dip-buying is an obvious temptation for those with cash on the sidelines. The Nasdaq 100's +10% price rally from the lows of 24th May proved that potential profits could be made by those willing to - [Sterling Under Pressure As US Fed Takes The Nuclear Option On Interest Rates](https://forextraders.com/forex-news/sterling-under-pressure-as-us-fed-takes-the-nuclear-option-on-interest-rates/) - There’s no relief for the GBPUSD currency pair after the US Fed announced a ‘black swan’ style 0.75% hike in interest rates on Wednesday. Rises in the base rate of 75 basis points in one meeting are so rare that the last time it happened was almost 30 years ago. Then, in the subsequent press - [Dead Cat Bounce – Could The Relief Rally Be About To Come Unstuck](https://forextraders.com/forex-news/dead-cat-bounce-could-the-relief-rally-be-about-to-come-unstuck/) - The past week has offered a slight respite to bullish investors. Uncertainty about the long-term prognosis for the economy remains, but there have been upward price moves in markets such as the S&P 500 index and GBPUSD. Key technical resistance levels are coming into play just as the market heads into a shortened trading week. - [Focus on Facebook | Buy the Dips as Tech Stocks Shake Off Their Bad Spell](https://forextraders.com/forex-news/focus-on-facebook-buy-the-dips-as-tech-stocks-shake-off-their-bad-spell/) - Last week Facebook (NASDAQ: FB) was shedding investors due to leaked information from the whistle-blower Frances Haugen being shared in the public domain. On Monday, the share price offered some relief when it closed 2.53% higher on the back of positive earnings figures for Q3. The governance concerns remain, but Monday’s share price activity - [Volatility Picks Up After Interest Rate News. Which Way Now?](https://forextraders.com/forex-news/volatility-picks-up-after-interest-rate-news-which-way-now/) - Market volatility picked up on Friday and has led to an overall weakness in assets and a shift in indicators to 'Sell'; however, this could just be another bear trap on the 14-month surge in risk assets. The minor correction continued over the weekend, at least in cryptos, with Bitcoin losing 2.5% in value from - [Political Upheaval In Germany Is Good News For Ethical Investors](https://forextraders.com/forex-news/political-upheaval-in-germany-is-good-news-for-ethical-investors/) - With Wall Street taking a break for the Thanksgiving holiday, attention has naturally turned to the other major markets. Right on cue, Germany has announced a political shake up that looks set to change the way investors view the market. One significant move includes shifting towards a more environmentally friendly agenda that taps into the - [No Change At The Fed Means All Change For The Markets](https://forextraders.com/forex-news/no-change-at-the-fed-means-all-change-for-the-markets/) - President Biden’s reappointment of Jerome Powell as Chair of the US Fed caused market sentiment to flip-flop dramatically on Monday. The Dow Jones Industrial Average index closed just 17 points higher on the day when it had earlier in the session posted intra-day prices more than 300 points above Friday’s close. The Nasdaq 100 index - [GBPUSD – Failed Break Out Raises Serious Questions About USD](https://forextraders.com/forex-news/gbpusd-failed-break-out-raises-serious-questions-about-usd/) - The UK economy has taken centre stage this week with news releases, but despite jobs and inflation ‘beats’ the currency pair, GBPUSD has failed to break out. The simple explanation, which looks at the relative strength of the US dollar itself, indicates where the global economy might be heading next. GBPUSD – Daily Price Chart - [Reasons Why Gold’s Rally Looks Set To Continue](https://forextraders.com/forex-news/reasons-why-golds-rally-looks-set-to-continue/) - Gold may not have the track record of being able to double in value in the same time frame as a tech stock or a cryptocurrency; however, gold price move trends can be long-running, and one appears to have just started. A series of technical and fundamental analysis indicators have just triggered buy signals. While - [GBPUSD – The Gift That Keeps On Giving](https://forextraders.com/forex-news/gbpusd-the-gift-that-keeps-on-giving/) - It’s lining up to be a big week for UK economic data, and fans of sterling are hoping that another wave of buying pressure will be released. Price action points to that possibility, with the GBPUSD currency pair apparently holding a month-long wave pattern. Trade entry points around 1.33 – 1.34 are coming into play, - [Elon Sells Tesla – Is This a Case of Sell the Rumour, Buy the Fact?](https://forextraders.com/forex-news/elon-sells-tesla-is-this-a-case-of-sell-the-rumour-buy-the-fact/) - Earlier this week, Elon Musk, founder and CEO of the world’s flagship EV, pulled the trigger on a sale of $1.1bn worth of Tesla stock. The extent to which this baling out of the firm he created was a direct response to the Twitter poll he cast at the weekend is up for debate. Is - [How Elon, Tesla, Twitter, and Taxes, All Add Up To Form a Buy Signal in Amazon](https://forextraders.com/forex-news/how-elon-tesla-twitter-and-taxes-all-add-up-to-form-a-buy-signal-in-amazon/) - Elon Musk and Tesla (Nasdaq: TSLA) stole the headlines on Monday when the founder of the EV company publicly debated selling off 10% of his position in the firm. At Friday’s closing prices, the move, which would represent a sale of approximately $26bn worth of the firm’s stock, sent the TSLA stock price into a - [COP 26 – That Party's Over, But How Do You Invest Ethically?](https://forextraders.com/forex-news/cop-26-that-partys-over-but-how-do-you-invest-ethically/) - The annual United Nations Climate Change Conference COP26 in Glasgow has now ended. Those following the events may have been surprised by the contradictions thrown up as much as the policy resolutions that were passed. Claims that the event represents 'greenwashing', the insincere pretence that something is being done about climate change policy, have a - [Watch Out for Wednesday - How Strong is the Recent Appetite for Risk?](https://forextraders.com/forex-news/watch-out-for-wednesday-how-strong-is-the-recent-appetite-for-risk/) - The roadmap to the end of the trading year will be laid out when the US Federal Reserve releases its market update on Wednesday. The members of the FOMC, who meet every six weeks, have been offering interim guidance on when and how ‘tapering’ will come into effect. These clues as to what stance the - [Technical Indicators Pointing to a Shift in Market Momentum](https://forextraders.com/forex-news/technical-indicators-pointing-to-a-shift-in-market-momentum/) - Mixed messages from technical indicators point to a potential change in market direction. The hourly and daily indicators in equities remain positive for now, but forex and commodity signals have shifted to 'neutral' and 'sell'. With major equity indices posting all-time-highs last week, there is an argument that there is little resistance to further upward - [Broker Roundup – Robinhood is on the Slide but Plus500 Rides Out the Storm](https://forextraders.com/forex-news/broker-roundup-robinhood-is-on-the-slide-but-plus500-rides-out-the-storm/) - The earnings season, which acts as a milestone for the equity markets, is also shedding light on the health of the online brokers that many use to trade corporate news releases. First up was Robinhood, which on Tuesday surprised the markets and its investors – but not in a good way. In July, the broker - [The Week Ahead - Messages From Equity Markets May be Mixed, but They’re Still Worth Heeding](https://forextraders.com/forex-news/the-week-ahead-messages-from-equity-markets-may-be-mixed-but-theyre-still-worth-heeding/) - Those who picked out last week as a chance for technical indicators to be applied were pretty much on the money. In a quiet news week, some classic moves came into play, most notably the willingness of equities to creep higher without any apparent reason for them not to. This research note, Keep Trading the - [Price Action Fragments as Disjointed Markets Respond to Fed Update](https://forextraders.com/forex-news/price-action-fragments-as-disjointed-markets-respond-to-fed-update/) - Wednesday’s release of the minutes from the US Fed’s last meeting was, to put it mildly, “much anticipated”. The headline interest rate announcements of the Fed relating to base interest rates have been “no change” for more than 12 months. That has left investors and traders who want an indication of the direction of US - [More Uncertainty – Could These Two Markets Be Pointing Out The Next Move](https://forextraders.com/forex-news/more-uncertainty-could-these-two-markets-be-pointing-out-the-next-move/) - Monday and Tuesday of this week are quiet in terms of news releases, but the lack of high-impact announcements hasn’t prevented risk appetite among investors from flip-flopping. A weak start to Monday’s session was followed by a show of strength from the bulls and an overnight ambush by the bears. There appears to be little - [Tapering is Coming - Strategy Ideas & AUDNZD Case Study](https://forextraders.com/forex-news/tapering-is-coming-strategy-ideas-audnzd-case-study/) - It’s been a choppy week in the markets, and it’s still only Tuesday. The best demonstration of risk appetite draining away was the Nasdaq 100 losing more than 2% in value on Monday. It is, though, the falling wedge pattern in the US 500 index that shines the best light on how the rest of - [More Uncertainty Brings Market Neutral Strategies Into Play](https://forextraders.com/forex-news/more-uncertainty-brings-market-neutral-strategies-into-play/) - The tech-heavy Nasdaq has started another week in negative territory. Soon after European exchanges opened on Monday, the index was down 0.51% from Friday's close and is showing no immediate signs of breaking the downward trend. Nasdaq Index – Hourly Chart Source: IG The flattening of the upper resistance line offers some hope to the - [Dollar surge tells you everything you need to know about the markets](https://forextraders.com/forex-news/dollar-surge-tells-you-everything-you-need-to-know-about-the-markets/) - The recent surge in the US dollar price continues to be the main talking point in the markets. Whether trading the currency in its own right or using it as a guide to other asset groups, it’s the market to watch. Asian markets were down overnight thanks to fears about Evergrande Group. The property giant - [Bond Market Signals Rotation Could Be Starting and Technicals Back it Up](https://forextraders.com/forex-news/bond-market-signals-rotation-could-be-starting-and-technicals-back-it-up/) - In a relatively quiet news week, Monday’s market headlines were dominated by the bond markets. Fixed-income assets may be associated with lower price volatility. Still, the messages the sometimes sedate price moves send out can lead to far more dramatic price moves in other instruments. One question is whether the fall in the price of - [Getting Ready for Q4 – What to Trade This Week](https://forextraders.com/forex-news/getting-ready-for-q4-what-to-trade-this-week/) - With a few months of the trading month left, it’s clear the September Effect has played out in a textbook manner. The historically inspired dip in risk-asset valuations was highlighted by the Forex Traders analysts at the beginning of the month. The subsequent sell-off came into play between the 6th and the 20th of September, - [US Federal Reserve Policy – What has Changed and What Stays the Same?](https://forextraders.com/forex-news/us-federal-reserve-policy-what-has-changed-and-what-stays-the-same/) - If Wednesday’s news on US interest rate levels hadn’t been preceded by a 5% reduction in share price values, then it could well have sparked its own sell-off. As it was, the announcement by Jerome Powell that rates would be held and the extensive liquidity program would be scaled back “soon” was followed by an - [Choppy Markets - How to Navigate the Upcoming News](https://forextraders.com/forex-news/choppy-markets-how-to-navigate-the-upcoming-news/) - Monday's sell-off was unsurprisingly followed by a rebound overnight in Asia, which has continued through the early hours of European markets. The recovery has seen prices in the Nasdaq 100 print at the 50% Fibonacci retracement level, but a dead-cat bounce can't be ruled out. Not least because of the critical news announcements due to - [Get Ready - What to Look Out For in a Big Week for the Markets](https://forextraders.com/forex-news/get-ready-what-to-look-out-for-in-a-big-week-for-the-markets/) - Trouble in China has softened up the global markets in a week when looming updates from the US Federal Reserve could bring about a much talked about correction. How Did We Get Here? Investors may have talked themselves into the jittery position in which they now find themselves. With risk-on asset prices rebounding in a - [SEC Pumps Millions Into The Ultimate Trader Protection Scheme](https://forextraders.com/forex-news/sec-pumps-millions-into-the-ultimate-trader-protection-scheme/) - Trading the markets can be hard enough without worrying about poor broker performance or, even worse, falling victim to a scam. At Forex Traders, we receive messages from the trading community about traders that have unfortunately lost out to fraudulent brokers. It’s always worth reiterating the need to follow best practise when signing up or - [Which Way Will Apple Lead the Markets?](https://forextraders.com/forex-news/which-way-will-apple-lead-the-markets/) - It’s showtime! Tuesday marks the date of the annual launch of upcoming Apple products, when the firm’s new range of iPhones, Apple Watch and AirPods will be shared with the public. The much-hyped autumn launches traditionally involve a lot of swooning by fans of the brand and generate enough media attention to take the products - [September Panning Out As Expected. Is Now the Time to Act?](https://forextraders.com/forex-news/september-panning-out-as-expected-is-now-the-time-to-act/) - An uncertain week in the markets has seen asset prices taking hits across the board. The question is whether this is a dip to buy and “just” part of the September Effect highlighted by the Forex Traders analyst team on the 2nd of September or the start of something more serious. The market note ‘What - [When is it Time to Buy This Nasdaq Dip?](https://forextraders.com/forex-news/when-is-it-time-to-buy-this-nasdaq-dip/) - If you had taken all other strategies off the table and just bought the dips in the Nasdaq over the last 10-years, you’d be sitting pretty in the performance tables. Thanks to the underlying strength of the tech sector and the kicker provided by Covid-19 changing lifestyle habits, investors who bought back in January 2010 - [Why a 30% Share Price Plunge at CMC Markets Changes How to Choose A Broker](https://forextraders.com/forex-news/why-a-30-share-price-plunge-at-cmc-markets-changes-how-to-choose-a-broker/) - The Forex Traders broker review team are rightly proud of the in-depth reviews they carry out. There are so many firms to choose from, and helping traders find the best-fit platform can directly lead to improved returns. Due to recent events, one section of each broker review that is sometimes overlooked is now flagged as - [US Jobs Numbers and Covid Trigger Rotation in Tech](https://forextraders.com/forex-news/us-jobs-numbers-and-covid-trigger-rotation-in-tech/) - Could lightning be about to strike twice? If it does, then those positioned correctly could be about to post some serious returns. The US Jobs numbers released on Friday caused the Dow Jones Industrial Average index to lose 0.21%. That index, full of defensive and cyclical stocks, reacted badly to the news that the number - [What to Expect From the Markets in September?](https://forextraders.com/forex-news/what-to-expect-from-the-markets-in-september/) - Early trading on Thursday points to the markets making a slow start to September. For those keeping an eye on the historical performance of the ninth month of the year, it might be something they’d gladly accept. Billed “the worst month of the year”, September has seen the S&P 500 fall 0.5% on average, whereas - [Robinhood Share Price Tanks as Regulator Threatens its “Secret Sauce”](https://forextraders.com/forex-news/robinhood-share-price-tanks-as-regulator-threatens-its-secret-sauce/) - There could be trouble coming for online broker Robinhood after mooted regulatory changes surfaced again on Monday. The threat contained in the statement from Gary Gensler, Chair of the SEC, is that payment for order flow “is on the table” for discussion, and that alone was enough to take 6.75% off the share price of - [A Mood Change in the Markets – Unravelling the Jackson Hole Case Notes](https://forextraders.com/forex-news/a-mood-change-in-the-markets-unravelling-the-jackson-hole-case-notes/) - Last week’s convention of central bankers in Jackson Hole offered few surprises in terms of content but certainly exceeded analyst expectations regarding the power of delivery. The off-siter is an annual chance for US Federal Reserve officials to offer a steer to the financial markets as they come out of slumbering summer trading. With the - [“Wall of Worry” Pervades Wall Street Thinking Once Again](https://forextraders.com/forex-news/wall-of-worry-pervades-wall-street-thinking-once-again/) - Leave it to the Wall Street wizards to find yet another thing to worry about. Yes, there has been a raft of recent articles decrying the success of the latest recovery, which started during the last week of September last year. The S&P500 hit a bottom of 3,231 then, but from that point forward, it - [Fed Minutes Spark a Rush into USD – Reasons Why Things Are About to Change](https://forextraders.com/forex-news/fed-minutes-spark-a-rush-into-usd-reasons-why-things-are-about-to-change/) - One of the most significant consequences of the release of the US Federal Reserve's minutes of the July meeting is the confirmation to investors of the scale of the central bank's intervention. On Wednesday, it hit home when a slight realignment of Fed policy predictions, most of them relating to events more than twelve months - [Reasons to be Fearful – Parts 1, 2, 3.](https://forextraders.com/forex-news/reasons-to-be-fearful-parts-1-2-3/) - An interestingly hesitant start to the trading week has prompted a rapid reassessment of where markets may be heading next. Stocks on Wall Street reached new highs last week, but on the back of disappointing news out of Asia, the US and European stock futures are underwater, and the Japan Nikkei is down more than - [What Just Happened – Key Take-aways From the US Inflation Report](https://forextraders.com/forex-news/what-just-happened-key-take-aways-from-the-us-inflation-report/) - Wednesday’s inflation data out of the US was billed as a significant milestone for the markets. It didn’t disappoint, and the good news for investors is that at first glance, the actual numbers matched the forecasts of most analysts. The market reaction has so far been in line with what might be expected. Put another - [Opening Candles and Treasuries Set the Tone for Wednesday’s Big Reveal](https://forextraders.com/forex-news/opening-candles-and-treasuries-set-the-tone-for-wednesdays-big-reveal/) - Monday’s lack of risk appetite ahead of crucial data announcements on Wednesday and Thursday has rolled over into the start of Tuesday’s trading session. Long-term investors may be biding their time and preparing to digest the US CPI (released Wednesday) and PPI (released Thursday); however, short-term strategies appear to be picking off momentary moves in - [Wednesday's Inflation News Will be Make or Break for USD](https://forextraders.com/forex-news/wednesdays-inflation-news-will-be-make-or-break-for-usd/) - Wednesday's US Consumer Price Index data report, due to be released at 8.30 am Eastern Time, is the big news item of the coming week. Following Friday's positive jobs report, all eyes are on the CPI number, with questions already being asked about whether the US economy is overheating and if the monetary policy will - [EUR/USD Turns a Corner as European Economic Data Improves](https://forextraders.com/forex-news/eur-usd-turns-a-corner-as-european-economic-data-improves/) - For the first time in a month, the euro peaked above 1.19, as the pair rose on promising economic news in Europe. Economic activity in the Eurozone grew in the second quarter by 2.0%, a full 0.5% better than expectations. Inflation data was also encouraging, printing a 2.2% annual growth figure when a similar measure - [Market Focuses on Earnings and the Fed Before Weakening Period](https://forextraders.com/forex-news/market-focuses-on-earnings-and-the-fed-before-weakening-period/) - The market has levelled out this week with the S&P 500 hovering about the 4,400 mark. Investors are concerned for a number of reasons, and that uncertainty has contributed to this latest and expected ranging behaviour at the end of this month. The Fed concluded its deliberations today, suggesting a moderate tapering schedule in the - [After a rollercoaster week, cautious optimism persists](https://forextraders.com/forex-news/after-a-rollercoaster-week-cautious-optimism-persists/) - Stock markets have had a rollercoaster week, both down and up, but investor uncertainty is always typical before earnings seasons begin in earnest. The Tokyo Olympic Games have already generated a multitude of articles about COVID-19 flare-ups – another reason for concern, especially in the Asia-Pacific region – but prospects for the near-term future remain - [Summer Markets? These are the Signs That a Major Realignment is Already Underway](https://forextraders.com/forex-news/summer-markets-these-are-the-signs-that-a-major-realignment-is-already-underway/) - The recent asset price crash and subsequent recovery over the last week could lead to some complacency creeping into trade selection. That could be a costly mistake. At a superficial level, it looks like markets just went over a reasonably standard-issue bump in the road. However, the different forces in play mean that it's easy - [If the Nasdaq isn’t Up, This Isn’t About Covid – Buy the Dips?](https://forextraders.com/forex-news/if-the-nasdaq-isnt-up-this-isnt-about-covid-buy-the-dips/) - Monday’s equity shakedown raised the obvious question of whether this is a dip to buy or something more serious. The details regarding the relative performance of different sectors during the rout is possibly more revealing and goes some way to answering the question of to buy or not to buy. Many have categorised the sell-off - [Look to Volume Data to Confirm if this is a Dip to Buy or Something More Alarming](https://forextraders.com/forex-news/look-to-volume-data-to-confirm-if-this-is-a-dip-to-buy-or-something-more-alarming/) - The start of the trading week has seen risk taken off the table across the board. The move, which started on Friday, followed the release of alarming figures from the University of Michigan survey of US Consumer Sentiment that indicated consumers think prices will jump by 4.8% over the next year. Asian markets and the - [Trading Ideas as Big Banks Kick-Off Earnings Season](https://forextraders.com/forex-news/trading-ideas-as-big-banks-kick-off-earnings-season/) - There is consensus in the trading community that the arrival of US earnings season is about to fire up price volatility; there is also agreement developing on how to trade it. The big banks typically dominate the first week of earnings season. That means many investors are heading to the finance sector to trade the - [News Flow Set to Pick Up This Week and Guide Drifting Markets](https://forextraders.com/forex-news/news-flow-set-to-pick-up-this-week-and-guide-drifting-markets/) - Low volume summer markets could be about to be shaken up. After several weeks of relatively low trading volumes and quite stable prices, macro and stock-specific news are back on the agenda. These upcoming news events are worth watching out for this week. EURUSD – 4hr Price Chart Source: eToro EURUSD – 4hr Price Chart Source: - [The Week Ahead – Wednesday's the Day to Watch](https://forextraders.com/forex-news/the-week-ahead-wednesdays-the-day-to-watch/) - Signs are that sleepy summer markets could be around the corner and investors who have been glued to their screens since March 2020 may finally be considering taking a break. Buy-and-hold investors will be relieved that prices have consolidated after their 15-month rollercoaster ride, and with volatility drying up, short-term speculators will be trying not - [These are the Leading Indicators and Price Drivers to Follow Through the Second-half of 2021](https://forextraders.com/forex-news/these-are-the-leading-indicators-and-price-drivers-to-follow-through-the-second-half-of-2021/) - The Covid pandemic has reduced the impact of some of the traditional seasonal events in the financial markets. “Sell in May” could have worked, but only if you’d sold into the rally in the first week of the month and then only temporarily. Anyone who didn’t close out equity short positions to lock in profits - [USD Strength Throws Up Some Interesting Market Moves](https://forextraders.com/forex-news/usd-strength-throws-up-some-interesting-market-moves/) - The US Dollar Basket index continues to act as a pivot for the rest of the financial markets. The potential triple-bottom pattern is still building momentum with a short-term pullback generating buying pressure overnight Monday as global investors bought the dip. Source: IG The trend-line break on the daily chart took place on the 18th - [The Week Ahead – Key Jobs & Prices Reports to Look Out For](https://forextraders.com/forex-news/the-week-ahead-key-jobs-prices-reports-to-look-out-for/) - Markets burst into life last week. At the open of European trading on Monday the 21st, the markets took a glance in the rear-view mirror and a ten-minute tumble followed. However, after the momentary slump, comments from the US Fed about proposed interest rate rises were discounted and the markets took off. By Friday, a - [Forex and Equity Prices Disconnect – Which Means Volatility Lies Ahead](https://forextraders.com/forex-news/forex-and-equity-prices-disconnect-which-means-volatility-lies-ahead/) - After several days of roller coasting, the financial markets took a breather on Wednesday and offered an opportunity for investors to consider which way next? Interestingly the forex and equity markets appear to be drawing different conclusions, and the disconnect, and the potential for one of them to realign, could point to more volatility soon. - [Happy Mondays! But the Market Rally Could be Short-lived](https://forextraders.com/forex-news/happy-mondays-but-the-market-rally-could-be-short-lived/) - Monday’s impressive market rally has thrown up some bull-friendly headlines but there are signs it was a regulation-style price adjustment rather than the start of a new trend. In the equity markets, the Dow Jones Industrial Average posted its most impressive daily gain since March and the Russell 2000 index was up 2.16% on the - [Bitcoin Rallies as the Carbon Question Forces a Necessary Change](https://forextraders.com/forex-news/bitcoin-rallies-as-the-carbon-question-forces-a-necessary-change/) - The Bitcoin miners who unearth new coins and collate the transaction data to keep the blockchain open ledger up to date run on super-tight margins. There’s little room for moving the business model away from using banks of super-powerful computers and trying to squeeze a profit by accessing the cheapest electricity possible. That is partly - [The Forex Pairs to Hold into the Fed Interest Rate Decision](https://forextraders.com/forex-news/the-forex-pairs-to-hold-into-the-fed-interest-rate-decision/) - The US Federal Reserve's interest rate announcement on Wednesday is the big event of the week. It raises the question of which forex pairs to hold going into what should be a significant event. The view from the trading floor is that, of course, the Fed won't increase interest rates, and of course, it won't - [The Week Ahead – There’s No Mistaking the Big Event of the Week](https://forextraders.com/forex-news/the-week-ahead-theres-no-mistaking-the-big-event-of-the-week/) - Monday and Tuesday of this week are particularly quiet in terms of economic data releases. The lull forms a suitable introduction for the big news on Wednesday when the US Federal Reserve provides its six-weekly update on all things to do with monetary policy. The Major News of the Coming Week To date, the Fed - [Market Roundup – The Quiet Before the Storm](https://forextraders.com/forex-news/market-roundup-the-quiet-before-the-storm/) - The US inflation data due to be released Thursday was picked out earlier in the week as the key feature to watch out for, and so it turned out. Trading during the first half of the week has been interesting enough, but most asset price moves have been muted, probably due to the Consumer Price - [Will the ‘Coinbase Effect’ Double the Price of Doge?](https://forextraders.com/forex-news/will-the-coinbase-effect-double-the-price-of-doge/) - If Crypto upstart Dogecoin does follow the historical path of coins newly listed on Coinbase, then its owners could be in for a treat. The premise outlined in research by blockchain analytics firm Messari is that on average, prices of coins increase by 91% in the first five days they can be traded on the - [The Week Ahead – Inflation Data Could Scupper the Markets](https://forextraders.com/forex-news/the-week-ahead-inflation-data-could-scupper-the-markets/) - After a week of raucous behaviour, financial markets are approaching the coming week with a fair degree of calm. The sideshows of meme stocks and crypto volatility are still managing to generate some fireworks, but there is a sense that they may be background noise rather than centre stage. Global stock futures have started the - [Meme Stocks – What Next?](https://forextraders.com/forex-news/meme-stocks-what-next/) - The crazy events of the last week have once again catapulted meme stocks to the top of the financial news headlines. Crowd-sourced retail buying pressure of this size was last seen in January and at the time resulted in the GameStop share price rising by 1,034% in the space of four trading sessions. The price - [This Is How the Inflation and Jobs Data Will Pan Out This Week](https://forextraders.com/forex-news/this-is-how-the-inflation-and-jobs-data-will-pan-out-this-week/) - The week beginning 31st March will be a shorter one for US and UK markets, thanks to the Memorial Day holiday and UK Bank Holiday on Monday. This doesn’t necessarily mean that it will be a quieter one. Inflation is the current hot topic and data releases on this subject from around the world are imminent. - [Best Upcoming Cryptos](https://forextraders.com/forex-news/best-upcoming-cryptos/) - The crazy events of the last two weeks have hammered crypto prices down to levels where some are now looking to get into the market. It’s particularly appealing to those who missed out on the multi-month price surge that started in Q4 of last year. The risks are self-evident – in the space of just - [Hedge-fund Billionaire Steps in to Buy the Bitcoin that Rookies are Selling](https://forextraders.com/forex-news/hedge-fund-billionaire-steps-in-to-buy-the-bitcoin-that-rookies-are-selling/) - The Wild West feel to the crypto markets continues to show no sign of letting up. Young guns and inexperienced traders have been dumping their crypto for several weeks but who did they sell to? Well, it appears it could be experienced gun-slingers who have seen such events before and are experienced at fighting the - [Reddit Meme Stock AMC Surges as The People vs Hedge Funds Kicks Off Again](https://forextraders.com/forex-news/reddit-meme-stock-amc-surges-as-the-people-vs-hedge-funds-kicks-off-again/) - The ground-breaking face-off between retail and institutional investors seen in January of this year appears to have been less of a flash in the pan, and more a taste of things to come. At that time, GameStop was the focus of attention as a swarm of individual investors each took a tiny stake in the - [Crypto Goes Loco - So Just How Do You Buy the Dips?](https://forextraders.com/forex-news/analysis-of-the-crypto-crash-for-those-looking-to-buy-the-dips/) - Wednesday’s crypto price plunge has already marked itself as being one of the most dramatic market events of recent years – and it looks like the story still got some way to go. The obvious temptation at this point is to “buy the dips” and a glance across research sites, and indeed price charts, suggests - [Tesla Comments Send Bitcoin and Cryptos Crashing](https://forextraders.com/forex-news/bitcoin-crashes-on-musks-comments-about-carbon-footprints/) - Crypto markets tanked on Wednesday after Tesla came out to say that it will stop accepting Bitcoin as a form of payment for its vehicles. The Bitcoin price in early trading on Thursday was more than 20% lower than the highpoint of Wednesday as the crypto markets lost hundreds of billions of dollars in value. - [Technical Indicators Coming into Play in the Market](https://forextraders.com/forex-news/uk-markets-in-focus-hot-money-is-flooding-into-ftse-100-and-gbp/) - Risk-on assets have started Monday’s trading sessions by consolidating the significant gains they made last week. Overnight in Asia, there were mixed reports, with Chinese and Hong Kong stock indices weakening, while those in Tokyo and Australia are showing strength. The divergence between those markets doesn’t appear to be causing any significant concerns. On - [FTSE 100 and Nasdaq Diverge as India’s Covid Fears Build](https://forextraders.com/forex-news/ftse-100-and-nasdaq-100-in-focus-price-disconnect-and-indias-covid/) - Strong momentum in the FTSE 100 was indicated by this report from the Forex Traders analysts as being something to watch this week. After the extended holiday weekend, the UK benchmark index opened on Tuesday at 6956 and by the close of Wednesday’s session had already touched the upper end of its price range at - [Did "Sell in May" Just Come Early?](https://forextraders.com/forex-news/preview-of-may-in-the-financial-markets-using-sell-in-may-and-vix/) - The historical price moves, which coined the adage "Sell in May, then go away," might have triggered an early rush to the door as US indices tanked during the last trading session in April. Friday's sell-off in the US ran up to the closing bell, DJIA down 0.55%, S&P 500 down 0.72%, and Nasdaq Composite - [EURGBP - How to Play this Week’s Announcements](https://forextraders.com/forex-news/upcoming-economic-and-corporate-announcements-will-impact-eurgbp/) - It’s time to prepare for a hectic week in terms of data announcements. A flurry of economic and corporate data is set to fall across markets that have seen a determined move into risk in the last week. Hourly and daily technical indicators are indicating ‘Strong Buy’ across the board. Bitcoin is the only - [Coinbase – Get Crypto Exposure with Lower Risk](https://forextraders.com/forex-news/coinbases-listing-on-the-nasdaq-offers-a-new-way-to-trade-crypto/) - Wednesday's direct listing of Coinbase on the stock market now offers an indirect way to trade the crypto boom (and bust?) without the need of using a special wallet or unregulated exchange. During a gold rush, sell shovels The listing of Coinbase fits neatly into this adage about how to play a boom market. By - [Watch Out for Earnings - Attention Shifts to the US](https://forextraders.com/forex-news/a-look-ahead-to-the-data-reports-likely-to-impact-the-financial-markets/) - With a range of data reports about to be released, the focus looks set to shift from China to Western markets. Asia After a shaky start to the week, Asian markets found some strength overnight. Indices in Japan, Hong Kong and Australia all posted positive daily returns. The mood was tempered by the unwillingness - [Recent FTSE 100 Strength Could Point to Long-Term Gains](https://forextraders.com/forex-news/equity-markets-have-surged-off-the-back-of-us-fed-policy-statements/) - Confirmation from the US Federal Reserve that loose monetary policy is here to stay has boosted equity markets, the Euro and the Yen. Gold and silver have also found strength, and Bitcoin’s second-wind in the $57,000 price region is beginning to look like price consolidation below the $60,000 price level. Minutes from last week’s - [Yen surges ahead over euro stimulus fears](https://forextraders.com/forex-news/yen-surges-ahead-over-euro-stimulus-fears/) - The safe haven Japanese yen appeared to surge ahead in the forex markets on Wednesday morning after a contentious court decision was made in Germany. The most powerful court in Germany announced on Tuesday that it was going to give the Eurozone’s central bank, the European Central Bank (ECB), a three month window in which - [Yen on the wane as global lockdowns ease](https://forextraders.com/forex-news/yen-on-the-wane-as-global-lockdowns-ease/) - The so-called safe haven Japanese yen started to see its fortunes wane in the foreign exchange markets on Monday after a range of countries around the world began to ease their lockdowns. Japan itself, for example, revealed as the week got underway that the lockdown might be brought to a close in some of its - [Yen continues to surge as dollar declines](https://forextraders.com/forex-news/yen-continues-to-surge-as-dollar-declines/) - Risk was highly out of favour as trading got underway this Thursday morning – with the Japanese yen stepping in to mop up gains. It was up against its main rival, the US dollar, all throughout the day. The dollar was struggling to recover from a data release earlier in the week which showed that - [What’s on the cards this week in the forex markets?](https://forextraders.com/forex-news/whats-on-the-cards-this-week-in-the-forex-markets/) - Now that a new foreign exchange trading week has begun, it’s time to look ahead and see what’s on the cards for traders to look out for in the coming days. Today (Monday), there will be a speech from the Bank of England’s Sir Jon Cunliffe at 12:12pm. He is the deputy governor for financial - [What’s on this week: Tuesday forex updates](https://forextraders.com/forex-news/whats-on-this-week-tuesday-forex-updates/) - With the foreign exchange trading week now underway, it’s a good chance to assess what’s coming up tomorrow and across the rest of the week. Today, there will be some mortgage approvals information for October out of the UK. This was last recorded at 42,310, and the updated figure is set to arrive at 9:30am - [Will Next Month’s Rule Change Lower Crypto Prices? 08/12/20](https://forextraders.com/forex-news/could-new-rules-restricting-access-to-crypto-markets-impact-price/) - The FCA, the UK regulator, is bringing in stringent new trading rules next month. The ban on cryptocurrencies being traded by UK retail clients using CFD instruments could potentially reduce liquidity and demand. As basic economics points out, when demand falls so does price. Will that be the case? The FCA rules don’t come into - [Will New Rules on Trading Crypto Impact Broker Selection? 07/01/20](https://forextraders.com/forex-news/will-new-rules-on-trading-crypto-impact-broker-selection/) - The quest to find the best broker for your needs took a surprising turn this week as new regulatory rules came into force. It's vital that anyone even merely considering trading cryptos is fully aware of them as they have immediate consequences. The new rules clearly signal the direction in which the regulators are heading. - [Which Broker Will Still Allow You to Buy Game Stop and AMC?](https://forextraders.com/forex-news/which-broker-will-still-allow-you-to-buy-game-stop-and-amc/) - If last week’s incredible events in the US stocks GME and AMC had a hint of Star Wars rebel fighters winning the day, more recent events reflect The Empire Strikes Back. Whether traders will make a profit with these stocks will come down to the order in which events play out over the next few - [Why Tesla's Purchase of Bitcoin Is a Game-changer for BTC, Tesla and USD](https://forextraders.com/forex-news/teslas-purchase-of-bitcoin-is-a-game-changer-for-btc-tesla-and-usd/) - On Monday, cryptocurrencies went "to the moon". One of Elon Musk's favourite soundbites is perhaps the best way to describe the one-day price spike of +20% in Bitcoin. The intraday price trading range of 38,060 – 46,772 was a dramatic one, even for the highly volatile crypto. It was primarily inspired by comments from Tesla, - [What Hath our Central Banksters Wrought? Some Call it a “Black Hole”](https://forextraders.com/forex-news/hath-central-banksters-wrought-call-black-hole/) - Divergence of central banking policies remains and will remain for some time a major driver of the economic health of the global economy. All eyes continue to focus on the Fed’s musings, as if Janet Yellen is a female version of Moses coming down from on high with the quintessential tablets that will guide our - [What’s on next week in the forex markets?](https://forextraders.com/forex-news/whats-on-next-week-in-the-forex-markets-2/) - While there are still a couple more days of this foreign exchange trading week left to go, it’s worth looking ahead to next week to see what the foreign exchange market has in store. Monday, there will be a federal election taking place in Canada, in which Prime Minister Justin Trudeau will be aiming to - [What’s on in the forex trading world this weekend and next week?](https://forextraders.com/forex-news/whats-on-in-the-forex-trading-world-this-weekend-and-next-week/) - As one foreign exchange trading week reaches its Friday end date, it’s time to look ahead to what’s happening over the weekend and next week in the forex markets. Firstly, the closing hours of Friday will set the scene for what’s to come. This afternoon will see a retail sales control group data release from - [What’s coming up in the forex markets this week?](https://forextraders.com/forex-news/whats-coming-up-in-the-forex-markets-this-week-2/) - With a new foreign exchange trading week now here, it’s time to assess what’s happening in the forex markets over the next few days Today (Monday), there will be some central banker action. The European Central Bank’s Philip Lane will speak at 12:30pm GMT, and this will be followed at 1pm by a speech from - [What’s on in the forex markets in the coming days?](https://forextraders.com/forex-news/whats-on-in-the-forex-markets-in-the-coming-days/) - The foreign exchange markets look set to be taking a quick breather over the next few days as many major markets around the world celebrate the Easter break. Good Friday and Easter Monday will be celebrated in many of the major economies, meaning that trading volumes are likely to be thin. Affected economies include the - [What’s coming up in the markets next week?](https://forextraders.com/forex-news/whats-coming-up-in-the-markets-next-week/) - Traders in the foreign exchange markets are largely occupied by the coronavirus pandemic at the moment. The economic calendar is still functioning, and many economic data releases and speeches are still going ahead. Here’s what to look out for next week. On Monday, there will be a number of public holidays in major economies. In - [Wednesday has arrived – what’s ahead for forex traders?](https://forextraders.com/forex-news/wednesday-has-arrived-whats-ahead-for-forex-traders/) - Now that the midpoint of the forex trading week is here, it’s time to look and see what’s lying ahead for traders in the coming days. Today (Wednesday), there will be a speech from Philip Lane, who sits on the Executive Board of the European Central Bank, at 11am. Canadian trade data is out at - [Wednesday in the forex markets: a guide](https://forextraders.com/forex-news/wednesday-in-the-forex-markets-a-guide/) - The foreign exchange markets are likely to be extremely slow today, and that’s due in large part to the New Year's Day holiday which is being celebrated today. The arrival of the new decade will be marked by holidays in Australia, New Zealand, the US, Canada and Britain – as well as most of the - [What do eased lockdowns mean for forex markets?](https://forextraders.com/forex-news/what-do-eased-lockdowns-mean-for-forex-markets/) - The Japanese yen continued its slide on Monday as economies across the world saw the first signs of their lockdowns ending. As countries as diverse as China and France began to ease their lockdowns, the currency markets responded by flocking to the dollar. This development was also fuelled by the news that cases of the - [USDX stuck at 95.95 – Asian pairs in the spotlight](https://forextraders.com/forex-news/usdx-stuck-at-95-95-asian-pairs-in-the-spotlight/) - The US dollar index performed somewhat sluggishly in the foreign exchange markets on Monday after a risk-on mood appeared to take hold across the globe. As traders at the online broker ATFX saw, the dollar index, which functions as a composite tracker of the dollar’s performance against a series of other important global currencies, was - [USDX plummets by 0.6% as safe havens gain in markets](https://forextraders.com/forex-news/usdx-plummets-by-0-6-as-safe-havens-gain-in-markets/) - The US dollar dipped significantly in value on Monday after traders appeared to flock to the traditional safe-haven currencies. The dollar index, which is an artificial tool designed to monitor how the greenback is performing in comparison to more than five other global currencies, plummeted by 0.6% following an earlier drop. At one stage on - [USDX stabilises after 0.5% rise](https://forextraders.com/forex-news/usdx-stabilises-after-0-5-rise/) - The US dollar managed to finally make some significant progress in the foreign exchange markets on Monday following a few weeks of dismal performance. In its index, which is an artificial calculation that helps traders and analysts to compare the currency’s performance to various others, the currency was seen up by half a percentage point - [USDX up slightly to 93.11, traders await Powell speech](https://forextraders.com/forex-news/usdx-up-slightly-to-93-11-traders-await-powell-speech/) - Two of the world’s leading currencies saw little movement in the forex markets on Wednesday as the markets prepared themselves for a major central banker speech. Jerome Powell, who chairs the Federal Reserve in the US, is set to speak at the Jackson Hole Symposium on Thursday. The exact contents of the address are as - [USDX up 0.3% amid good figures, holiday volume dip](https://forextraders.com/forex-news/usdx-up-0-3-amid-good-figures-holiday-volume-dip/) - The US dollar found itself up in the foreign exchange markets on Monday morning as the markets adjusted to a day of leaner-than-usual trading volumes. The currency was spotted up by well over a fifth of a percentage point in its index, which tracks how it is performing compared to several other global currencies. By - [USDX on defensive after equities boosted – down 0.2%](https://forextraders.com/forex-news/usdx-on-defensive-after-equities-boosted-down-0-2/) - The US dollar index dropped in the forex markets on Monday after the equities markets found themselves experiencing a much-needed boost. The currency was down by a fifth of a percentage point as trading got underway – a development that occurred following a fortnight of gains. The move happened mostly because a series of mergers - [USDX hits 93.493 after Fed goes positive on economy](https://forextraders.com/forex-news/fed-goes-positive-17-09-2020/) - Quick Read: Dollar Index up by 0.3% Yen Dips Slightly from significant highs AUD experiencing downturn Fed largely positive about US Outlook The US dollar index surged in the foreign exchange markets on Thursday after the country’s central bank released a surprisingly positive overview of the prospects for the economy. The Federal Reserve reinforced - [USDX Stagnates at 93.789, Trump’s Health Still in Focus](https://forextraders.com/forex-news/usdx-stagnates-at-93-789-trumps-health-still-in-focus/) - The dollar index was seen at 93.789 as part of a general move towards safety US President Donald Trump has been receiving treatment at the Walter Reed Medical Center over the weekend following the news late last week that he had tested positive for the coronavirus There is still no clear word on the President’s - [What Does Extending Brexit Talks Mean for UK Markets? 14/12/20](https://forextraders.com/forex-news/what-does-extending-brexit-talks-mean-for-gbpusd-and-ftse-100/) - GBPUSD has had a good start to the week. After closing on Friday at 1.3232, it gapped up to print an opening price in Asian markets of 1.3363. The price rally comes on the back of the decision by leaders from the EU and UK to push back the self-imposed deadline for reaching an agreement. - [USD/GBP down to $1.2727 over fears of partisan fight](https://forextraders.com/forex-news/usd-gbp-down-to-1-2727-over-fears-of-partisan-fight/) - Traders in the foreign exchange markets made a significant move towards risk on Tuesday and into Wednesday – with the US dollar falling down to low points in many major pairs. The currency found itself dropping in pairs that it has dominated in recent months, including the British pound. In its pair with this currency, - [USD/EUR drops to $1.1699 as geopolitical worries spike](https://forextraders.com/forex-news/usd-eur-drops-to-1-1699-as-geopolitical-worries-spike/) - Traders of the US dollar looked set to spend the week expecting significant value dips after the currency took a beating in an increasingly fractious international context. China and the US have been engaged in a skirmish for well over a year now, and in recent days the battle has taken on a consular dimension. - [USD/JPY up to 106.20 in welcome relief for the dollar](https://forextraders.com/forex-news/usd-jpy-up-to-106-20-in-welcome-relief-for-the-dollar/) - The US dollar saw some much-needed success in the forex markets on Monday morning – though there was still little to suggest that this could be sustained for the long term. The currency was up by 0.3% at one stage in its pair against the safe-haven Japanese yen, reaching 106.20 at one stage. It was - [USD/EUR goes down 0.1% – but hope hovers for greenback](https://forextraders.com/forex-news/usd-eur-goes-down-0-1-but-hope-hovers-for-greenback/) - The US dollar started this week in a mixed way after it declined in some of its major pairs but rose in some others. The currency faced a complicated backdrop of coronavirus-related problems and divergent approaches from national governments – as well as the impending commencement of a major economic summit. The dollar was down - [USDX Down to 94.155 Amid Pandemic and Politics Worries](https://forextraders.com/forex-news/usdx-down-to-94-155-amid-pandemic-and-politics-worries/) - The dollar index was down on the day, and the greenback also declined in many of its major pairs The pound rose over the course of the day, as did the euro – though not by much Some analysts have suggested that Nancy Pelosi’s claims of a potential impending coronavirus aid package agreement are unlikely - [USD/CHF Up By Almost 0.3% After Controversial Debate](https://forextraders.com/forex-news/usd-chf-up-by-almost-0-3-after-controversial-debate/) - The debate between Donald Trump and Joe Biden continues to dominate headlines following rows over election integrity, race relations and more Traders flocked to the safety of the greenback – to the ultimate detriment of the yen, franc and several others The performance of the Chinese economy was also in the spotlight after a figure showed - [US Dollar Rises Again After News of Potential Tariffs](https://forextraders.com/forex-news/us-dollar-rises-again-after-news-of-potential-tariffs/) - The US dollar once again surged ahead on the foreign exchange markets yesterday after it was revealed that President Donald Trump’s administration is considering setting up new tariffs on Chinese imports. According to a source in the administration, the tariffs on $200bn of goods, which currently sit at 10%, may be raised as high as - [US-China tensions rise over Hong Kong worries](https://forextraders.com/forex-news/us-china-tensions-rise-over-hong-kong-worries/) - Tensions between the US and China were up on Wednesday – leading to a consequent rise in both the US dollar’s fortunes and the fortunes of the safe haven Japanese yen. Despite efforts from both sides to resolve the ongoing trade war, unresolved issues have been bubbling under the surface for weeks. However, the tensions - [US dollar wins this forex trading week](https://forextraders.com/forex-news/us-dollar-wins-this-forex-trading-week/) - The US dollar headed into Friday looking set to have achieved its best weekly performance since the year 2008. The greenback, which is widely perceived to have “mopped up” in the wake of the pandemic’s fast spread, is understood to have performed so well because it is widely considered to be a liquid currency and - [USD dips down, GBP on the rise](https://forextraders.com/forex-news/usd-dips-down-gbp-on-the-rise/) - Uncertainty continued to dominate the forex world on Wednesday after a session of complicated currency trading. The dollar was down over the course of the day, a dip attributed by some to a rise in the value of US stocks. While on the face of it, this would appear to be good news for the - [USD up 0.3% on JPY – currency pair safe as pandemic worries continue](https://forextraders.com/forex-news/usd-up-0-3-on-jpy-currency-pair-safe-as-pandemic-worries-continue/) - The US dollar managed to recover some previously lost ground on Friday as figures from organisations in the country showed a steep rise in coronavirus cases there. Figures revealed that there were 77,300 new cases in just one day there earlier this week. This marks the worst change in one day during the pandemic - [USD - How to Trade the Dollar as the Votes Trickle in, Market Update 05/11](https://forextraders.com/forex-news/usd-how-to-trade-the-dollar-as-the-votes-trickle-in-market-update-05-11/) - Understanding And Trading The US Presidential Vote Count The two-week USD basket chart shows how the adage ‘buy the rumour, sell the fact’ has played out in typical fashion. It’s been an exciting two-weeks in the market with plenty of opportunities to enter and exit trades. ‘Buy the Rumour, Sell the Fact’ The upcoming, known, - [Tuesday update: the forex trading calendar](https://forextraders.com/forex-news/tuesday-update-the-forex-trading-calendar/) - Now that Tuesday has arrived in the foreign exchange trading markets, it’s time to take a look at what’s scheduled on the calendar. Today, there will be a few data releases from the US. Producer price index information for September will be out at 12:30pm GMT and is expected to show no month on month - [Tuesday’s here: what’s on the forex trading calendar?](https://forextraders.com/forex-news/tuesdays-here-whats-on-the-forex-trading-calendar/) - Now that Tuesday in the forex trading week has arrived, it’s time to investigate what’s on the foreign exchange trading calendar ahead. There may be some lower than usual trading volumes in some major markets as economies recover from bank holidays. Canadian Thanksgiving Day and US Columbus Day both took place on Monday, while Japan’s - [Tuesday in the forex markets: what’s on?](https://forextraders.com/forex-news/tuesday-in-the-forex-markets-whats-on/) - Tuesday continues to be a busy day for foreign exchange traders, with lots of events on the agenda. The first big event looks set to be a Bank Holiday in Japan, which could cause a slowdown in trading in the Asia Pacific region. In terms of data releases in other regions around the world, retail - [US Dollar Avoids Big Drop as Anticipation Over Trade Deal Mounts](https://forextraders.com/forex-news/us-dollar-avoids-big-drop-as-anticipation-over-trade-deal-mounts/) - The possibility of a trade deal being on the cards ensured that the US dollar stayed in a relatively strong position on Tuesday and into Wednesday. There is renewed speculation that both the US and China will be able to come to an agreement to get through what they call a “phase one” deal as - [Ups and downs of trade deal cause bad spell for the dollar](https://forextraders.com/forex-news/ups-and-downs-of-trade-deal-cause-bad-spell-for-the-dollar/) - The ongoing saga of the potential US-China trade deal heralded problems for the greenback in international foreign exchange trading yesterday. The deal, which earlier in the week was perceived as being close to signing, is increasingly being besieged by doubts as to whether or not it will materialise. Problems were fuelled yesterday by contradictory sentiments - [Tuesday update: what’s on in the forex markets?](https://forextraders.com/forex-news/tuesday-update-whats-on-in-the-forex-markets/) - Now that Tuesday is here, it’s time to see what’s happening in the global foreign exchange markets across today and tomorrow. Today’s action will be largely focused around speeches. There is a speech due from US President Donald Trump. While no fixed time for this has been set, there is speculation that the early evening - [Turkish lira plummets as euro also suffers](https://forextraders.com/forex-news/turkish-lira-plummets-as-euro-also-suffers/) - A number of currencies found themselves suffering in the foreign exchange markets on Thursday as the coronavirus pandemic continued to cause problems. The single European currency was one of the currencies which suffered, and it found itself reaching close to its worst position in a fortnight. It has been left reeling this week after a - [Uncertainty grips markets as traders await key news](https://forextraders.com/forex-news/uncertainty-grips-markets-as-traders-await-key-news/) - The impending arrival of a series of US economic data releases appeared to be key in shaping the performance of the foreign exchange markets on Wednesday. The US dollar appeared to remain firm at least in some pairs as traders nervously awaited a series of figures indicating the performance of both the country’s labour market - [Trade talks leave forex traders feeling uncertain](https://forextraders.com/forex-news/trade-talks-leave-forex-traders-uncertain/) - Foreign exchange traders were left mostly in the dark on Wednesday and into Thursday about the progress of high-level trade talks between the US and China. The earlier news from the day was negative, with one press report suggesting that China and the US may be unable to make any progress during their talks in - [Trade war uncertainty continues to persist](https://forextraders.com/forex-news/trade-war-uncertainty-continues-to-persist/) - Global trade war fears continued to be in play on Monday as trading got underway again – leading to a surprisingly victory for the single European currency. Despite the ongoing uncertainty about the possibility of a trade deal between the US and China (and the lack of concrete action leading to its possible arrival), the - [Trade deal unlikely this year, say reports](https://forextraders.com/forex-news/trade-deal-unlikely-this-year-say-reports/) - The foreign exchange markets reacted with disappointment on Wednesday and into Thursday after it was suggested that a proposed trade deal between China and the US was unlikely to go ahead this year. It is understood that a deal has been pushed off the agenda until 2020 – with both trade analysts and US government - [Tory lead in polls affects pound after poll narrows](https://forextraders.com/forex-news/tory-lead-in-polls-has-effect-on-pound-after-poll-narrowing/) - The lead of the British Conservative Party in opinion polling for tomorrow’s general election has narrowed – leaving the pound to show signs of fear in the forex markets. Prime Minister Boris Johnson had previously been largely expected to secure a majority in parliament – and while he still is expected to, YouGov is predicting - [Trump set to weigh in on China](https://forextraders.com/forex-news/trump-set-to-weigh-in-on-china/) - The foreign exchange markets were preparing themselves for some potential upheaval on Friday as US President Donald Trump looked set to weigh in on China. The US and China have been locked in a battle of wills in recent weeks and months over questions relating to trade, Hong Kong and the coronavirus. - [Trump in Recovery? Risk Asset Boost in Forex Markets](https://forextraders.com/forex-news/trump-in-recovery-risk-asset-boost-in-forex-markets/) - US President Donald Trump has left hospital and headed home following his coronavirus diagnosis – while the country’s Congress may be on the verge of striking a stimulus deal Trump is lagging behind Joe Biden in the polls for the election, which takes place in a month or so The dollar index dipped as traders - [The Initial Theme for 2016 is Set - China is Causing Currency Wars in Asia](https://forextraders.com/forex-news/the-initial-theme-for-2016-is-set-china-is-causing-currency-wars-in-asia-86871/) - If last week was any early indication, 2016 will be a "bust" of a year. According to one analyst, "We’re just 11 days into 2016 and the Dow Jones Industrial Average is already down 6.2 percent for the year while the Russell 2000 small-cap index, which is on the verge of an outright bear market, - [The forex week ahead: Tuesday’s round-up](https://forextraders.com/forex-news/the-forex-week-ahead-tuesdays-round-up/) - While yesterday was something of a quieter day on the forex calendar, today (Tuesday) looks set to be more active. The Confederation of British Industry will reveal its industrial trends survey for August at 10am GMT, covering orders. Month on month, this was last recorded at -34. The US Redbook index will be out at - [This week’s foreign exchange market round-up: what’s happening?](https://forextraders.com/forex-news/this-weeks-foreign-exchange-market-round-up-whats-happening/) - There’s a lot going on in the foreign exchange market this week. Here’s a round-up of what’s scheduled on the calendar. The main political event today (Monday) will be the Canadian federal election in which Prime Minister Justin Trudeau will be up for re-election. Data on German producer price index activity for September will be - [The remaining week in forex: what’s coming up?](https://forextraders.com/forex-news/the-remaining-week-in-forex-whats-coming-up/) - With four whole days of this foreign exchange trading week still to come, there’s plenty for traders to keep their eyes peeled for. Today (Tuesday), there will be something of a gentle day in the forex markets, with few major events scheduled. The first minor event will be the European producer priceindex for October, which - [The week ahead in forex: has the US attack on Iran affected the markets?](https://forextraders.com/forex-news/the-week-ahead-in-forex-has-the-us-attack-on-iran-affected-the-markets/) - The new foreign exchange week is set to kick off today, and there’s plenty for people to keep their eyes peeled for. Today (Monday), there will be a small number of key data releases, especially in North America. Canada’s raw material price index, covering November, will be out at 1:30pm GMT. This is set to - [The forex trading week: what’s on the cards?](https://forextraders.com/forex-news/the-forex-trading-week-whats-on-the-cards/) - With a new foreign exchange trading week now here and underway, it’s a good time to assess what’s coming up between now and Friday. Monday is, as usual, likely to be a fairly quiet day on the economic calendar. The only major event scheduled in is the ISM manufacturing purchasing managers’ index from the - [The US dollar plummets further](https://forextraders.com/forex-news/the-us-dollar-plummets-futher/) - The US dollar found itself heading down into the forex doldrums on Wednesday after mounting concerns among traders that the country’s central bank was about to act to limit bond yields. The Federal Reserve looked set to make its announcement later on Wednesday, and dollar traders appeared to be scared by both the prospect of - [Top five benefits of Affiliate Marketing for the Forex Trading Vertical](https://forextraders.com/forex-news/top-five-benefits-of-affiliate-marketing-for-the-forex-trading-vertical/) - The popularity of the forex trading vertical has been flourishing over the last ten years, with over 1,200 brokers currently on the market. The growth has been mainly due to the increased accessibility the general public now has to trading platforms and the lack of upfront capital required to participate. Those factors have led to - [The Reasons Silver Doesn't Need Reddit Support to Break to Higher Levels](https://forextraders.com/forex-news/the-reasons-fans-of-silver-think-its-price-will-go-higher/) - Is Silver the Next Reddit Target? The start of the week saw attention move from the US stocks GameStop and AMC towards the silver market. In the first few hours of the week's trading, the metal increased in price by 8%, which marked the largest intra-day price move since 2013. The murky world of WallStreetBets - [This Indicator Points to The Coming Week Being a Bumpy Ride](https://forextraders.com/forex-news/this-indicator-points-to-the-coming-week-being-a-bumpy-ride/) - Monday the 22nd of February The US Dollar has started the week forming interesting technical patterns, including a double or triple-bottom and an upward trend-line break. The price rise in USD is based on strong US fundamentals, as reflected in data released last week. Whatever the reason, it looks likely to have serious implications for - [These Data Reports Are the Reason Markets are Spooked](https://forextraders.com/forex-news/recent-economic-data-releases-are-the-reason-for-market-uncertainty/) - A mixed start to the trading week reflects markets still "churning" as investors rotate out of and into different asset groups. Many of the moves look like investors taking out insurance policies against the risk of next week's news unsettling the markets. Asian Trading Stymied by China News In overnight trading, Chinese markets trailed - [The end of the forex week is here: guide to next week](https://forextraders.com/forex-news/the-end-of-the-forex-week-is-here-guide-to-next-week/) - With the foreign exchange trading week now coming to a close, it’s time to look at what’s happening today (Friday), into the weekend and on into next week. Friday will be a fairly quiet day for foreign exchange traders. The only major events on the calendar are the Michigan consumer sentiment index for October, which - [The dollar still down after euro surge](https://forextraders.com/forex-news/the-dollar-still-down-after-euro-surge/) - The US dollar continued to suffer in the foreign exchange markets on Wednesday after the single European currency gathered momentum. A rise for the euro came during a week in which France and Germany began publicly exploring a recovery fund worth hundreds of billions of euros. The two economies said that the move would help - [The Big Question – Are Markets Consolidating or Topping Out? 19/11/20](https://forextraders.com/forex-news/the-big-question-are-markets-consolidating-or-topping-out-19-11-20/) - A classic stand-off is taking shape. Bulls that have had a good two-week run appear willing to put on more risk. Bears though are suggesting that the eye-watering price moves might be a case of too much, too soon. GBBPUSD Looking at Cable on different time frames demonstrates the current debate on risk. The four-hour - [The Breakout Has to Come at Some Point – Analysing the Dollar](https://forextraders.com/forex-news/analysing-the-us-dollar-for-signs-of-the-next-breakout/) - The beauty of the financial markets is that they provide something for everyone. This week looks distinctly like a happy hunting ground for range traders with prices holding steady across the board. Lower Volumes, Lower Price Volatility The FT analyst's research note highlighted falling trade volumes as a factor to watch. That particular trend - [Stimulus expected around the world as dollar surges](https://forextraders.com/forex-news/stimulus-expected-around-the-world-as-dollar-surges/) - The US dollar surged on Monday and into Tuesday after it became clear that monetary policy setters and governments were considering a round of stimulus to get the global economy moving again. The dollar reached its highest point in three weeks and managed to defeat many of its rivals. The onshore yuan in China, for - [Sudden rise for pound as last minute Brexit deal is struck](https://forextraders.com/forex-news/sudden-rise-for-pound-as-last-minute-brexit-deal-is-struck/) - British Prime Minister, Boris Johnson, is believed to have struck a Brexit deal with the European Union. The deal, which still needs to be ratified by a summit of European leaders tonight and also by the British House of Commons, appeared to resolve some of the issues which had been causing deadlock between the two - [The Australian Forex Market](https://forextraders.com/forex-news/the-australian-forex-market/) - Forex trading is a complex process that involves high risks. Since there is so much to learn on the topic, this process cannot be taught or learned in a single day. Forex brokers offer a wide range of services, so having a complete overview and analysis of the forex package you desire is key. Finding - [Surge for Aussie after greenback retreats](https://forextraders.com/forex-news/surge-for-aussie-after-greenback-retreats/) - The foreign exchange markets seemed to be convinced of the world’s capacity to dodge a second coronavirus outbreak on Monday as traders flocked to risky currencies in their droves. The Australian dollar and the equivalent over the water in New Zealand both got back on top in the markets after a period last week in - [Stagnation in forex markets over further trade deal woes](https://forextraders.com/forex-news/stagnation-in-forex-markets-over-further-trade-deal-woes/) - The leading currencies in the international foreign exchange market barely moved on Wednesday after continued fears about the state of the ongoing US-China trade talks were raised. The language from leaders involved in the talks appears to have begun to make some shifts towards a positive outcome being reached. On Wednesday, for example, President Donald - [Safe havens are back on as yen surges in forex markets](https://forextraders.com/forex-news/safe-havens-are-back-on-as-yen-surges-in-forex-markets/) - The Japanese yen returned to its top spot as a safe haven over the course of the day. With risk aversion off the cards ahead of a key conference for global central bankers, the so-called safe havens were back in demand. It is expected that the Jackson Hole Symposium, which is due to begin in - [Risk-off: trade deal hopes falter in forex markets](https://forextraders.com/forex-news/risk-off-trade-deal-hopes-falter-in-forex-markets/) - Perceptions in the foreign exchange markets that a deal between China and the US may be on the cards were seen to dip on Wednesday. Despite the fact that preparations for trade meetings have been taking place in Washington between Donald Trump’s treasury secretary and an equivalent officer from China, there is still no sign - [Safe havens back in business as trade deal doubts fester](https://forextraders.com/forex-news/safe-havens-back-in-business-as-trade-deal-doubts-fester/) - The so-called “safe haven” currencies were back in business on Wednesday and into Thursday after it became decreasingly likely that the much-discussed potential trade deal between the US and China would be signed soon. The deal, which has been in the works for weeks but which is still not over the line, has run into - [Safe havens back in business as trade battle intensifies](https://forextraders.com/forex-news/safe-havens-back-in-business-as-trade-battle-intensifies/) - The so-called safe haven currencies were back in business on Tuesday and into Wednesday after suggestions that the trade battle between the US and China could be about to worsen. President Donald Trump hinted on Tuesday that the much-discussed deal between the two nations might not kick into action until the 2020 US presidential election - [Some recovery for pound as dollar also treads water](https://forextraders.com/forex-news/some-recovery-for-pound-as-dollar-also-treads-water/) - The British pound managed to stage some kind of recovery on Monday before the Christmas break got started in earnest. Sterling had been facing a range of problems in recent days due to concerns that Prime Minister Boris Johnson wanted to insist on either a Brexit deal happening before the end of 2020 – or the - [Safe havens still in demand against US dollar](https://forextraders.com/forex-news/safe-havens-still-in-demand-against-us-dollar/) - The US dollar once again found itself to be on the back foot on Tuesday after there were further concerns about the impact of the killing of an Iranian general by US forces. The Japanese yen, which is known for being one of the world’s leading safe haven currencies, was seen in its best position - [Shine goes off the dollar as potential pandemic worries rage on](https://forextraders.com/forex-news/shine-goes-off-the-dollar-as-potential-pandemic-worries-rage-on/) - Fears about the potential of a pandemic-level spread of the coronavirus continued to dominate the foreign exchange markets on Wednesday and into Thursday. Even the US dollar, which in previous days had been seen as a beacon and perhaps even a safe haven currency amid the widespread market turmoil, lost its shine a little over - [Safe havens rise as coronavirus panic grips forex markets](https://forextraders.com/forex-news/safe-havens-rise-as-coronavirus-panic-grips-forex-markets/) - The economic impact of the coronavirus continued to rage on Monday as big drops for stocks and oil had knock-on effects for foreign exchange traders. Oil prices were down by a double-figure amount following the decision of the major oil-exporting Middle Eastern nation Saudi Arabia to reduce its oil prices and increase the amount it - [Significant drop for dollar as US unemployment claims released](https://forextraders.com/forex-news/significant-drop-for-dollar-as-us-unemployment-claims-released/) - The US dollar suffered in the foreign exchange markets on Thursday after much-anticipated joblessness claims for the US were released. Over 3m Americans are understood to have claimed unemployment benefits last week alone the figures showed. As a result of the developments, the greenback hit its worst position in a week in the dollar index - [Risk-on currencies down over second wave worries](https://forextraders.com/forex-news/risk-on-currencies-down-over-second-wave-worries/) - Some of the world’s primary barometers of forex market risks went down in value on Monday after a wave of new cases of coronavirus appeared to emerge in China. The new cases, which were spotted in the capital city of Beijing and which have all been connected in some way to a wholesale food market - [Small rally for risk as partial Beijing lockdown occurs](https://forextraders.com/forex-news/small-rally-for-risk-as-partial-beijing-lockdown-occurs/) - The foreign exchange markets appeared to tolerate a slightly higher level of risk as Monday’s trading continued. This came after the markets opened for the week in a risk-off mode due to a number of factors, including concerns that a second wave of the coronavirus crisis could be on the way. China, which was the - [Slight reprieve for dollar – USDX at 92.321](https://forextraders.com/forex-news/slight-reprieve-for-dollar-usdx-at-92-321/) - The US dollar managed to climb back up somewhat in the foreign exchange markets on Wednesday after it got off to a bad start earlier in the week. Traders have expressed significant nervousness around the dollar since the week began, not least because of ongoing uncertainty about what the Federal Reserve’s next move might be - [S&P Futures Shed 0.9% After US Presidential Debate](https://forextraders.com/forex-news/sp-futures-shed-0-9-after-us-presidential-debate/) - US President Donald Trump and his Democratic challenger Joe Biden went head to head in the first formal presidential debate – leading to the perception that political instability is on the way Major stock indices in the West suffered over the course of the day The S&P 500 futures index was down significantly at one - [Risk sentiment returns as some nations ease lockdowns](https://forextraders.com/forex-news/risk-sentiment-returns-as-some-nations-ease-lockdowns/) - Risk appeared to be firmly back on the agenda in the foreign exchange markets on Monday after some economies around the world signalled that they would re-open soon. In Europe, for example, Italy revealed its plans to get its economy back on track by permitting some firms to open again. The country was particularly badly - [Risk sentiment up in forex markets as week begins](https://forextraders.com/forex-news/risk-sentiment-up-in-forex-markets-as-week-begins/) - Risk sentiment appeared to be on the rise in the foreign exchange markets on Tuesday as a sense that the worst of the coronavirus pandemic might be over seemed to settle. The single European currency rose somewhat as Tuesday’s trading got underway, for example, while the two Antipodean currencies also shot up. According to analysts, - [Risk leans upwards despite new pandemic worries](https://forextraders.com/forex-news/risk-leans-upwards-despite-new-pandemic-worries/) - Some of the world’s riskier currencies managed to surge ahead in the forex markets on Monday morning despite the fact that the coronavirus pandemic appeared to be showing signs of returning. According to figures from the World Health Organisation, Sunday saw a big spike in the number of coronavirus cases reported worldwide. In Germany in - [Risk Off: USDX Leaps 0.64% Amid Coronavirus Concern](https://forextraders.com/forex-news/usdx-leaps-0-64/) - There are fears that the coronavirus pandemic may be about to cause further economic problems Stocks and shares decline in value across the world as the UK appears to prepare for lockdown The dollar index rose and reached 93.555 – despite questions over the Fed’s inflation policy Risk-on antipodean currencies suffer in the market and - [Risk back on: dollar heads off top spot](https://forextraders.com/forex-news/risk-back-on-dollar-heads-off-top-spot/) - The US dollar continued what seemed to be a slow and steady decline on Tuesday and into Wednesday as the global forex markets appeared to accept the return of risk. The move was largely triggered by the latest insights into China’s trade balance, which was much more positive than expected. Economists and others had been - [Rise for safe-haven currencies as turmoil sets in](https://forextraders.com/forex-news/rise-for-safe-haven-currencies-as-turmoil-sets-in/) - The so-called safe-haven currencies regained the full power of that label on Thursday and into Friday as traders flocked to them in droves. Turmoil appeared to set in in the foreign exchange markets after fears spiked that the economic recovery from the coronavirus pandemic may not happen quite as soon as expected. The prime mover - [Risk firmly back, and yuan surges](https://forextraders.com/forex-news/risk-firmly-back-and-yuan-surges/) - Risky currencies appeared to be fully back in demand in the foreign exchange markets on Monday as the Chinese currency in particular leaped from strength to strength. The yuan appeared to be set to secure its strongest-performing day in the forex markets for months. The offshore version of the yuan, which is traded on the - [Rate Rises Spell Success for Canadian Dollar and Euro](https://forextraders.com/forex-news/rate-rises-spell-success-for-canadian-dollar-and-euro/) - Two major global currencies were given a big boost yesterday after news of actual and potential rate rises came from their respective central banks. The Bank of Canada’s decision to raise interest rates to 1.5% meant that the Canadian dollar rose in value by 0.8%. The rate decision, which was fully expected by many traders - [Problems for major currencies as uncertainty surges around Brexit](https://forextraders.com/forex-news/problems-major-currencies-as-uncertainty-surges-surrounding-brexit/) - The foreign exchange markets continued to show some signs of worry on Wednesday after problems which had appeared to be on the way to resolution once again reappeared. Just last week, the British pound was benefitting from the news that a Brexit deal appeared to be on the cards. However, despite some further moves between - [Record reserves shore up Hong Kong dollar](https://forextraders.com/forex-news/record-reserves-shore-up-hong-kong-dollar/) - Paul Chan Mo-po, Hong Kong’s financial secretary said that an economic attack on its currency would be dealt with due to record currency reserves and a strong banking system. However, he also warned that there was a possibility of a slide into recession. The stability of the city’s currency in relation to the US dollar - [Rally for the dollar in uncertain landscape](https://forextraders.com/forex-news/rally-for-the-dollar-in-uncertain-landscape/) - The US dollar was once again surging on Monday as the reality of the next few months of the coronavirus pandemic set in for traders across the globe. The currency was up in a range of pairs after a number of governments around the world either instituted or extended their lockdown policies and stimulus packages. - [Rise for euro as recovery fund revealed](https://forextraders.com/forex-news/rise-for-euro-as-recovery-fund-revealed/) - The single European currency rose in the forex markets on Wednesday after two of the bloc’s largest economies announced a joint approach to recovery from the pandemic. The currency rose against the dollar to a position near its best in two weeks after Germany and France proposed the new scheme and made it public knowledge - [Question marks for traders in uncertain forex environment](https://forextraders.com/forex-news/question-marks-for-traders-in-uncertain-forex-environment/) - Uncertainty seemed to be the main item on the agenda in the foreign exchange markets on Tuesday and into Wednesday. The ongoing coronavirus pandemic continued to play a major role in shaping the attitudes of investors, with many worrying that the surging of the virus in the US in particular could limit the prospects of - [Record-Breaking Market Moves as Vaccine Rally Picks Up Speed 25/11/20](https://forextraders.com/forex-news/record-breaking-market-moves-as-vaccine-rally-picks-up-speed-25-11-20/) - The Dow Jones Industrial Average has broken the 30,000 level for the first time. The significance of the event was marked by President Donald Trump, who gave a brief unscheduled press conference. He entered the meeting room, made his announcement, and then within one minute had vanished without taking any questions. There will be a - [Price Volatility Welcomes in The New Year - But One Key Element is Missing 4/01/2021](https://forextraders.com/forex-news/market-roundup-price-volatility-welcomes-in-the-new-year/) - Monday's spike in price volatility surprised some and announced to all that traders in the financial markets should, at least for the foreseeable future, expect the unexpected. In terms of price volatility, the first trading session of 2021 looked very much like those of 2020 – but one key element was missing. January Case Study - [Reddit Traders Target Silver – Will The Outcome Be The Same?](https://forextraders.com/forex-news/reddit-traders-target-silver-will-lightning-strike-twice/) - The silver market has started the week as being the one to watch. Rumours are swirling around the global trading floors that the Reddit / WallStreetBets groups have chosen that market as its next target. Soon after the open of European markets on Monday, the precious metal touched the psychologically important $30 mark having closed - [Preview of next week: what’s on for forex traders?](https://forextraders.com/forex-news/preview-of-next-week-whats-on-for-forex-traders/) - As this foreign exchange trading week begins to draw to an end, looking ahead to next week is a good idea. Over the weekend, there will be some political action which could affect euro traders. Spain will hold its parliamentary elections, and these hold the potential to be somewhat fraught due to ongoing concerns about - [Pound takes a hit as Brexit talks kick off](https://forextraders.com/forex-news/pound-takes-a-hit-as-brexit-talks-kick-off/) - The British pound suffered in the foreign exchange markets on Monday after the European Union and the UK kicked off talks over the future trading relationship between them. Although the UK has now quit the European Union, the talks between the two sides are set to continue in earnest given that a trade agree for - [Powell Rolls the Dice and This is How They Landed](https://forextraders.com/forex-news/analysis-of-the-interest-rate-announcement-by-the-us-federal-reserve/) - Reading Between the Lines On Wednesday, Jerome Powell was able to deliver a statement that reflected his being in the top job at the Fed for three years. When calming markets, there’s nothing wrong with repeating yourself, and Powell was more than happy to use stock phrases which he can at least assume investors understand - [Pound regains some stability as Brexit rumbles on](https://forextraders.com/forex-news/pound-regains-some-stability-as-brexit-rumbles-on/) - The British pound found itself experiencing more stability on Wednesday and into Thursday after Brexit appeared to enter a temporary state of pause. The pound was spotted at $1.2911 in its pair with the US dollar at one stage. The current situation is that the country’s House of Commons has approved Boris Johnson’s Brexit deal - [Pound rises as Boris Johnson wins election by a landslide](https://forextraders.com/forex-news/pound-rises-as-boris-johnson-wins-election-by-a-landslide/) - The British pound rose in the foreign exchange markets early on Friday after it was announced that Boris Johnson had won a decisive victory in the British general election. The Conservative leader looked on course to win well over the 326-seat level required for a majority, defeating his Labour opponent Jeremy Corbyn – who looked - [Pound Hit by Brexit Turmoil as Tariffs Kick In](https://forextraders.com/forex-news/pound-hit-by-brexit-turmoil-as-tariffs-kick-in/) - The British pound was the most significant casualty of early forex exchange trading when markets opened on Monday, after turmoil in the country’s politics. British Prime Minister Theresa May had spent Friday and the weekend promoting her “third way” approach to negotiating the terms of the country’s exit from the EU. However, her Cabinet fell - [Pound Prepares for Uncertainty as Key Brexit Vote Looms](https://forextraders.com/forex-news/pound-prepares-for-uncertainty-as-key-brexit-vote-looms/) - The British pound sterling was preparing for an uncertain ride today as a key Brexit debate in the country’s Parliament is scheduled for this afternoon. Prime Minister Theresa May’s new strategy for leaving the European Union has been circulating in the last week or so, and she has been trying to boost support for it - [Possibility of Brexit deal – although markets respond badly](https://forextraders.com/forex-news/possibility-of-brexit-deal-although-markets-respond-badly/) - The chances of a Brexit deal taking place ahead of the impending key date of 31st October appeared to accelerate over the weekend – although there is still no guarantee of it happening. Britain and the EU continued to hold talks over the course of the weekend, with mixed messages coming from all sides. It - [Pound on back foot as Brexit deal hangs in balance](https://forextraders.com/forex-news/pound-on-back-foot-as-brexit-deal-hangs-in-balance/) - The pound saw some losses to its firmness on Monday morning as trading opened ahead of a week which could be make or break for Brexit. Boris Johnson’s so-called “Super Saturday” sitting of Parliament on the weekend did not yield him any immediate results, with backbench politicians scuppering his immediate plans to pass the deal - [Positive data means good news for US dollar](https://forextraders.com/forex-news/positive-data-means-good-news-for-us-dollar/) - A slew of positive data releases spelled good news for the US dollar on Wednesday and into Thursday. In a bumper day for economic data releases, it was revealed that economic growth in the US had risen by a modest amount over the course of Q3 of 2019. It was also shown that the number - [Pound drops after election, suffers over Brexit problems](https://forextraders.com/forex-news/pound-drops-after-election-suffers-over-brexit-problems/) - The British pound’s post-election result boost has turned out to be short-lived after the currency plummeted in the foreign exchange markets to what looked set to be its worst weekly performance in a couple of years. The currency had been riding high in the markets for a number of days after Prime Minister Boris Johnson - [Pound plummets after British PM taken to hospital](https://forextraders.com/forex-news/pound-plummets-after-british-pm-taken-to-hospital/) - The British pound was down significantly in the foreign exchange trading markets on Monday after British Prime Minister Boris Johnson was admitted to hospital. Johnson, who announced over a week ago that he was suffering from coronavirus, has seen his symptoms continue beyond a timeframe of seven days. He had been continuing to work from - [Pandemic worries impact the forex markets further](https://forextraders.com/forex-news/pandemic-worries-impact-the-forex-markets-further/) - The greenback managed to push ahead in the foreign exchange markets this week after the coronavirus pandemic reappeared in a number of key locations around the world. According to industry watchers and press outlets, the main concern is not the public health impact of the pandemic’s return but the fact that the much-vaunted economic recovery - [Pound Plummets as New Restrictions Bite](https://forextraders.com/forex-news/pound-plummets-as-new-restrictions/) - The pound went down significantly in its dollar pair following news that pandemic ‘second wave’ restrictions will come into force Concerns persist over whether the country will be able to strike a trade deal with the EU The dollar rose in many major pairs and surged ahead compared to the Aussie dollar and Swiss - [Post-Pfizer - Which Way Now for the Markets - Market update 11/11/20](https://forextraders.com/forex-news/pfizers_vaccine_has_roused_the_markets_what_to_expect_now/) - Pfizer’s announcement that it had cracked the vaccination code sent markets flying on Monday. The severe aftershocks continued through Tuesday and only by Wednesday European open had some price consolidation begun to take place. One of the interesting features during the start of the week was the divergence within different asset groups. Tech stocks plummeted - [Optimism, but no action: trade deal hopes persist](https://forextraders.com/forex-news/optimism-but-no-action-trade-deal-hopes-persist/) - Foreign exchange traders around the world continued to express hopes that the ongoing trade wrangling between the US and China would come to an end – although there was no concrete sign of this actually happening any time soon. The latest concrete action came towards the end of last week, when lower-level representatives of both - [Palantir Hovering at $9.50 per Share – a Slight Drop](https://forextraders.com/forex-news/palantir-hovering-at-9-50-per-share-a-slight-drop/) - Palantir hit the stock markets for the first time this week, and had a share price of $10 per share – though it later went above that and then below The firm is a well-known data software company with ties to defence organisations and intelligence branches of governments as well as some private firms It - [NZD/USD dips to $0.6678 – but movements are negligible](https://forextraders.com/forex-news/nzd-usd-dips-to-0-6678-but-movements-are-negligible/) - .6678 – but movements are negligible" width="1000" height="472" /> A sense of trepidation reigned in the forex markets on Wednesday and on into Thursday as traders appeared unable to make firm decisions about which direction to go in. Some of the world’s riskier currencies, such as the Australian and New Zealand dollars, suffered slightly. The - [Oil Outlook – Facts and Rumours are Putting Pressure on Prices 02/12/20](https://forextraders.com/forex-news/analysis-of-recent-and-upcoming-events-in-the-oil-market/) - Crude oil markets came back into play on Tuesday. The dramatic price slump of oil in March was followed by a rapid recovery and by June it was again trading above $40 per barrel. A level which it has broadly held despite intermittent alarm about secondary COVID lockdowns. Source: IG The pull-back in US WTI - [Oil Price Surge Outstrips Bitcoin – How Far Can It Go?](https://forextraders.com/forex-news/oils-price-surge-makes-it-the-market-to-watch-how-far-can-it-go/) - The comparative price moves over the last week in Bitcoin and crude oil indicate that the energy commodity and not the crypto is the market where things are happening. That might not cause a stampede from crypto markets into oil trades as holding crypto is, for many, a long-term proposition. However, it is possible - [One Year On - Assessing How Covid Overhauled the Markets](https://forextraders.com/forex-news/a-review-of-impact-of-covid-19-on-the-global-financial-markets/) - Tuesday marks the anniversary of the start of the first lockdown in the UK, and it’s clear that the events of the last 365 days have favoured some markets more than others. The predominant theme was a rotation into assets after the correction in prices in March 2020. That being seen as better suited - [No more rate cuts? Forex markets gamble on Fed decision](https://forextraders.com/forex-news/no-more-rate-cuts-forex-markets-gamble-on-fed-decision/) - Forex traders appeared to decide on Tuesday that Federal Reserve rate cuts were no longer a realistic possibility as they flocked back to the US dollar in droves. While analysts have been predicting interest rate cuts for many months now, with some suggesting that up to 50 basis points may be sliced off rates, it - [New forex week is here – what’s on the horizon](https://forextraders.com/forex-news/new-forex-week-is-here-whats-on-the-horizon/) - Now that the foreign exchange trading week has kicked off again, it’s a good time to share an overview of what’s scheduled on the economic calendar. Today (Monday) looks set to be a very quiet day, with just the German Bundesbank releasing its monthly report at 10am GMT. Tomorrow (Tuesday) will begin with a German - [New forex trading week kicks off – what to expect](https://forextraders.com/forex-news/new-forex-trading-week-kicks-off-what-to-expect/) - With a new foreign exchange trading week now well underway, there’s plenty to watch out for in the markets. Today (Monday), there will be a range of data releases from around the world, including Sentix investor confidence data for October covering the whole of the Eurozone. This is expected to show a change from -11.1 - [New Zealand in focus as Bank holds firm](https://forextraders.com/forex-news/new-zealand-in-focus-as-bank-holds-firm/) - The Reserve Bank of New Zealand shocked the global foreign exchange markets on Tuesday by keeping interest rates at their current levels. An analyst consensus had predicted that the central bank would slash interest rates from 1% to 0.75% in a move potentially designed to stimulate the economy in a region where worries about China’s - [New week on the horizon: what’s on?](https://forextraders.com/forex-news/new-week-on-the-horizon-whats-on/) - Now that the Christmas week is drawing to a close, attention is beginning to be drawn towards what’s on in the forex markets next week. Monday morning looks set to see a wide range of European data releases. German retail sales figures for November will be out at 7am GMT and these are set to - [New forex week arrives as Fed cuts rates further](https://forextraders.com/forex-news/new-forex-week-arrives-as-fed-cuts-rates-further/) - A new foreign exchange trading week has arrived – and while the coronavirus crisis is still continuing around the world, there are many scheduled economic calendar events to watch for. Monday, there will be a meeting of the Eurogroup take place at some stage across the course of the day. These events are attended by - [NZD/USD at $0.6681 on bad day in markets for dollar](https://forextraders.com/forex-news/nzd-usd-at-0-6681-on-bad-day-in-markets-for-dollar/) - The US dollar was down again in the forex markets as the week came to a close, with traders appearing to turn their attention towards a release covering the country’s labour market. At one point over the day, the greenback was spotted at 92.864 in its index – an artificial measurement of the dollar’s behaviour - [NZD slips to major support levels – what’s the forecast?](https://forextraders.com/forex-news/nzd-slips-to-major-support-levels-whats-the-forecast/) - The New Zealand dollar (NZD) has finally caved in to a slow but sure build-up of selling pressure as the Reserve Bank of New Zealand announced plans for the proposed economic recovery of the country. The details of the plans announced by the Reserve Bank of New Zealand included the expansion of a large-scale asset - [No-Deal Brexit Fears Cause GBPUSD Sell-off. How Low Will It Go? 07/12/20](https://forextraders.com/forex-news/no-deal-brexit-fears-cause-gbpusd-to-sell-off/) - Currency traders will have watched Monday morning’s sell-off in GBPUSD and been reminded of the firm grip which the Brexit negotiations have on the price of cable. Optimists will be reminding themselves that all successful negotiation processes involve a significant shake-down near the end of the talks. Last-minute shenanigans were after all probably the only - [More Suggestions of Fed Cuts Spook Forex Markets](https://forextraders.com/forex-news/more-suggestions-of-fed-cuts-spook-forex-markets/) - Analysts were re-affirming the general expectation that a Federal Reserve rate cut is on the way this week – leading to stagnation for the dollar on Thursday. The greenback held steady in its pair with the Japanese yen, at 107.80. However, this was an overall low range for the currency, and the dollar had reached - [More woes for USDX as it dips by 0.6% on Friday](https://forextraders.com/forex-news/more-woes-for-usdx-as-it-dips-by-0-6-on-friday/) - The US dollar was the main loser in global foreign exchange market trading as Friday afternoon got underway. The currency has been suffering over the course of the day after Jerome Powell, who heads up the American central bank, used a key speech on Thursday to confirm that the Federal Reserve would work to meet - [New COVID Strain Gives the UK Markets the Jitters 21/12/20](https://forextraders.com/forex-news/new-covid-strain-gives-the-markets-jitters-forex-traders/) - A more contagious strain of COVID-19 has been found in the UK and the discovery has taken chunks out of risk appetites. Traders and investors spent Monday morning considering the potential rate of infection in comparison to the speed of vaccine roll-outs. The economic impact of the break-out strain includes travel to and from the - [More Stimulus Promises and Vaccine Results Data Keeps GBPUSD Hopes Alive](https://forextraders.com/forex-news/vaccine-and-stimulus-news-looks-likely-to-offer-support-to-gbpusd/) - A groundswell of increasing risk appetite is moving through the markets. Price volatility has picked up over the last seven days with markets managing to focus on the good news rather than the bad. There's a lot of both, meaning prices are moving around considerably but trending upwards in risk-on asset groups such as GBPUSD. - [Monday: what’s coming up in the forex markets this week?](https://forextraders.com/forex-news/whats-coming-up-in-the-forex-markets-this-week/) - Now that there’s a new foreign exchange week underway, it’s time to assess what’s happening in the markets over the course of this week. Today (Monday), there will be some slowdown in one of the world’s major currency markets. New Zealand, whose dollar is one of the six main currencies around the world, will celebrate - [Monday heralds a new forex week: what’s happening?](https://forextraders.com/forex-news/monday-heralds-new-forex-week-whats-happening/) - Now that Monday has arrived and a new foreign exchange trading week is on the cards, it’s time to look at what’s happening in the forex trading world in the days to come. The first main event on Monday afternoon will be a speech from the European Central Bank’s Philip Lane, who is a member - [Monday in the forex markets: what’s ahead?](https://forextraders.com/forex-news/monday-in-the-forex-markets-whats-ahead/) - With a brief respite between the Christmas and New Year holidays now taking place in the foreign exchange markets, it’s time to see what’s happening as a new week gets underway. This morning (Monday) will be a relatively busy day, with retail sales figures for November due to be released first at 7am from Germany. - [Midweek in the forex markets – what’s on?](https://forextraders.com/forex-news/midweek-in-the-forex-markets-whats-on/) - After a relatively slow day on Monday, the global foreign exchange markets are about to heat up as the week persists. Today (Tuesday), there will be a wide range of data releases out of the US. Market manufacturing PMI data covering August will be out of the US at 1:45pm GMT, for example, and this - [Midweek update: what’s on in the forex markets?](https://forextraders.com/forex-news/midweek-update-whats-on-in-the-forex-markets/) - With the midpoint of the forex trading week now here, it’s time to explore what Wednesday and the other days have to hold. Wednesday is a somewhat light day on the forex trading calendar, with speeches forming the bulk of the scheduled activity. British Prime Minister, Boris Johnson, looks set to deliver a major speech - [Midweek in the forex markets: a quick update](https://forextraders.com/forex-news/midweek-in-the-forex-markets-a-quick-update/) - With the foreign exchange markets now quickly heading towards the midweek point, it’s time to check and see what’s on the horizon on Wednesday and later in the week. Today (Wednesday), there will be a speech from the US Federal Reserve’s Chair, Jerome Powell. This is expected to come at 5pm GMT. It will be - [Midweek in the forex markets is here – what’s happening?](https://forextraders.com/forex-news/midweek-in-the-forex-markets-is-here-whats-happening/) - Now that the midpoint of the foreign exchange week is here, it’s time to take a look at what’s on the cards for the rest of the week. Today (Wednesday), there will be a retail sales control group release covering the month of September from the US. This is expected to hold firm at 0.3%. - [Midweek in the forex calendar: what’s coming up?](https://forextraders.com/forex-news/midweek-in-the-forex-calendar-whats-coming-up/) - Now that the midweek point of the forex trading week is here, it’s time to see what’s happening in the second half of the week. The first major event on Wednesday will be the US housing price index, which is due to come out at 1pm GMT to cover the month of August. Month on - [Midweek update: what’s going on in the forex markets?](https://forextraders.com/forex-news/midweek-update-whats-going-on-in-the-forex-markets/) - Now that Wednesday is here, it’s worth having a look at what’s going on in the foreign exchange markets over the course of the rest of the week. Today, there will be a variety of US economic data points released. Preliminary non-farm productivity figures for Q3 of 2019 will be out at 1:30pm GMT and - [Midweek is here: what’s happening in the markets?](https://forextraders.com/forex-news/midweek-is-here-whats-happening-in-the-markets/) - Now that the foreign exchange trading week is fully underway, it’s a good time to assess what’s coming up in the second half of the week. Wednesday afternoon, there will be a heavy focus on the US. Consumer price index information for October, which tracks the prices that Americans are faced with when they enter - [Midweek: a round-up of the forex market calendar](https://forextraders.com/forex-news/midweek-a-round-up-of-the-forex-market-calendar/) - Now that Wednesday has arrived, it’s the perfect time to assess what is happening on the foreign exchange trading calendar – and what the next few days might have in store. Today (Wednesday) is a somewhat light day on the economic calendar. Canada looks set to dominate most of the day, with a series of - [Midweek update: forex market developments](https://forextraders.com/forex-news/midweek-update-forex-market-developments/) - Wednesday is here, which means the midpoint of another forex trading week has been reached. Here’s what’s on the cards. The main focus over the afternoon will be North America. There are a wide range of economic data updates to come out of the US, including mortgage application figures for the dates around 29th November. - [Markets Update – Here Are The Trade Entry Points 18/11/20](https://forextraders.com/forex-news/markets-update-here-are-the-trade-entry-points-18-11-20/) - Different asset groups are continuing to show varying degrees of price volatility as the aftershocks of two weeks of big news continue to be digested by the markets. Interesting technical moves are demonstrated by EURGBP, US Tech stocks, USD and Gold – Bitcoin. These markets are just four of many forming patterns which will be - [Markets Pause – Which Way Now? 11/01/21](https://forextraders.com/forex-news/are-gold-silver-and-bitcoin-price-moves-all-us-dollar-led/) - The first trading week of January saw some blockbuster moves in several asset groups. Those who got involved in the price action will likely have seen significant moves in their trading P&L. There are signs that prices are levelling off though and as the market catches its breath some interesting questions are surfacing. Bitcoin & - [Market Roundup – Just Like 2019 All Over Again 26/11/20](https://forextraders.com/forex-news/market-roundup-just-like-2019-all-over-again-26-11-20/) - Happy Thanksgiving! Given the importance of the US economy, the markets are expecting the week to tail off quietly. This being 2020 there is, of course, a chance for a surprise, but for most, the real business will start again on Monday. Trading sessions over the last week have had more of a feel of - [Market Roundup – Volatility and Surprise Announcements 09/12/20](https://forextraders.com/forex-news/forex-and-crypto-markets-see-increased-price-volatility/) - Forex and Crypto markets are becoming a focus of attention. While equity indices continue their apparently unstoppable ascent to post-pandemic price levels, the currency and crypto markets have seen an uptick in volatility. For equity markets, all news is good news at the moment but the situation in other asset classes is a lot less - [Market Dynamics Have Shifted After Monday’s Excitement 22/12/20](https://forextraders.com/forex-news/market-dynamics-have-shifted-after-mondays-excitement/) - Monday’s dramatic shake-down of risk-on asset groups looks to have played itself out. High levels of price volatility are atypical for the week before the Christmas holiday, and after 24 hours of fierce selling pressure, it appears normality might be returning. If this is going to signal a return to steady-as-she-goes long positions, then the - [Market Uncertainty as Important Economic Data Reports Comes Through](https://forextraders.com/forex-news/market-uncertainty-as-important-economic-data-reports-comes-through/) - How Significant Was Friday's Sell-off? Markets have started the week cautiously with technical indicators in a range of asset groups suggesting the path from here could be downwards. On Friday, moves away from riskier asset groups such as equities and into the US Dollar were met with a recovery rally into the market close. However, - [Looking ahead to next week’s economic calendar events](https://forextraders.com/forex-news/looking-ahead-to-next-weeks-economic-calendar-events/) - Now that one foreign exchange trading week has drawn to a close, it’s time to start looking at what the economic calendar holds for next week. There may be some slowdown in Asian trading on Monday morning due to the Marine Day holiday in Japan, which will see banks close. Other Asian economies will continue - [Macroeconomic Outlook and Recap: 04/11/19](https://forextraders.com/forex-news/macroeconomic-outlook-and-recap-04-11-19/) - Last week’s spotlight was on the Federal Reserve Meeting on Wednesday with the Federal Last week’s spotlight was on the Federal Reserve meeting on Wednesday with the Federal Open Market Committee delivering a third rate cut for 2019. The Fed signalled they were on pause and that the “mid-cycle adjustment” was over for now. Markets - [Looking ahead: next week in the forex markets](https://forextraders.com/forex-news/a-look-ahead-next-week-in-the-forex-markets-2/) - While the current forex trading week certainly isn’t over just yet, it’s worth looking ahead to next week to see what might be on the cards. Sunday will be a relatively active day as weekend days go, with Chinese import and export data due to be released at 7am GMT covering the month of November. - [Little movement as pandemic continues to hit forex markets](https://forextraders.com/forex-news/little-movement-as-pandemic-continues-to-hit-forex-markets/) - The global foreign exchange markets appeared to remain hamstrung between risk-on and risk-off modes of trading on Friday as the uncertainty around what might happen next in the coronavirus pandemic continued to surge. The US dollar managed to hold firm as trading began in Asia, though it was stuck in a tight band that it - [JPY gains over renewed virus fears](https://forextraders.com/forex-news/jpy-gains-over-renewed-virus-fears/) - The international forex markets once again revealed their capacity for speedy turnarounds on Friday as traders moved suddenly and wholeheartedly in the direction of risk-off currency assets. The Japanese yen, which is known for being a major safe haven due to its status as a global creditor, was up over the course of the day - [JPY/USD hits 106.025 after Abe quits over health issues](https://forextraders.com/forex-news/jpy-usd-hits-106-025-after-abe-quits-over-health-issues/) - The Japanese yen rose in the foreign exchange markets on Friday after the country’s Prime Minister suddenly stepped down amid fears over his health. Shinzō Abe, who had been Prime Minister since 2012 and previously in the 2000s, said that he would quit after an illness that he had previously suffered from returned. The yen, - [JPY/USD surges to 105.26 as dollar dips before Fed announcement](https://forextraders.com/forex-news/jpy-usd-surges-to-105-26-as-dollar-dips-before-fed-announcement/) - The Japanese yen was one of the best performers in the foreign exchange markets on Tuesday and into Wednesday as the global markets began to prepare for the US Federal Reserve’s next announcement. The currency was up to 105.26 at one stage across the day in the JPY/USD pair, which placed it at its best - [Market Analysis – Get Ready to Trade the Risk-Off Move](https://forextraders.com/forex-news/market-analysis-get-ready-to-trade-the-risk-off-move/) - While traders waited for big corporate earnings announcements and US presidential news to filter through, the markets have made an early move downwards on the back of COVID infection fears. There is still a chance for significant news events on Thursday to play their part, but the mood on Wednesday is ‘risk-off’ as infection rates - [Market Analysis - Recent Price Moves in Gold Offer Clues to The Next Big Change](https://forextraders.com/forex-news/market-analysis-recent-price-moves-in-gold-offer-clues-to-the-next-big-change/) - What does gold’s inaction tell us about the market tailspin? Monday the 2nd of November Part of gold’s allure is that in chemical terms it is an inert metal. Its reluctance to react in the lab has now carried over into the financial markets. As other asset groups have fallen by more than 10%, the - [Japanese yen hits high points as risk aversion sets in](https://forextraders.com/forex-news/japanese-yen-hits-high-points-as-risk-aversion-sets-in/) - The Japanese yen reached its best performance points in weeks on Wednesday and into Thursday as traders in the forex markets appeared to turn wholeheartedly away from riskier options. The yen, which tends to be seen as a safe choice currency during times of turmoil due to Japan’s status as major world creditor, was up - [Is the US Economy Really Better After Tax Cuts? Analysts are Doubtful.](https://forextraders.com/forex-news/is-the-u-s-economy-really-better-after-tax-cuts-analysts-are-doubtful/) - As we start a new quarter, the question on everyone’s mind is whether we are truly on an economic uptrend or just treading water, waiting for the inevitable downturn? The prevailing scenario has generally been that the U.S. economy will pull the rest of the world out of its lethargy. Inflation will rise; unemployment will - [It’s Monday: an update on the forex markets](https://forextraders.com/forex-news/its-monday-an-update-on-the-forex-markets/) - A new week is here in the foreign exchange markets, which means that it’s now time to look at what’s coming up over the next few days. Monday morning, there will be a range of Chinese data releases. The Caixin manufacturing purchasing managers’ index data for September is due at 1:45am GMT and is expected - [It's $12,000 Time For Bitcoin - Market Update 15/10/20](https://forextraders.com/forex-news/its-12000-time-for-bitcoin-market-update-15-10-20/) - Bitcoin's 3% week-to-date price increase represents a continuation of the mini-bull-run that started back on the 8th of September. It could still have legs. The longer-dated price chart of Daily candles picks out the 12th of March low as the start date of a bull-run which could have greater and longer-term momentum. The $12,000 price - [It might be the holidays, but significant price moves are taking place 29/12/20](https://forextraders.com/forex-news/it-might-be-the-holidays-but-significant-price-moves-are-taking-place/) - The Christmas break has brought seasonal cheer for the bulls. Risk assets across the board have seen a significant uplift in price with only precious metals losing value. A classic rotation into riskier assets appears to be taking place, with UK assets, in particular, prospering from the Christmas Eve announcement that a Brexit deal - [HYCM Wins Another Award in the MENA Region](https://forextraders.com/forex-news/hycm-wins-another-award-in-the-mena-region/) - Limassol, 17th October 2019 HYCM, an established global forex broker, received an award for Best Forex Trading Platform 2019 in the Middle East by the Global Forex Awards. Giles Coghlan, HYCM’s Chief Currency Analyst, commented: “We have always had a focus on the MENA region, previously being recognised as the Best Forex Broker in the - [Hong Kong unrest pushes dollar higher](https://forextraders.com/forex-news/hong-kong-unrest-pushes-dollar-higher/) - The US dollar seemed to be on the verge of a rise in the forex markets on Tuesday and into Wednesday after unrest continued to occur in Hong Kong. The autonomous city has long since been plagued by unrest by pro-democracy protestors who claim that it has been wrongly treated by China. The protests have - [HYCM adds 50 cryptocurrency CFDs & drastically reduces spreads](https://forextraders.com/forex-news/hycm-adds-50-cryptocurrency-cfds-drastically-reduces-spreads/) - Limassol, CY – 23rd of June 2020 HYCM, a well-established global forex broker, has added over 50 cryptocurrency CFD* pairs on its MT5 platform, expanding its crypto portfolio to satisfy an increasing demand in the trading of various crypto-to-fiat options. It has also drastically reduced its spreads for all cryptocurrency products. The broker now offers - [Huge dips for GBP/USD – down to $1.2773 over Brexit woes](https://forextraders.com/forex-news/huge-dips-for-gbp-usd-down-to-1-2773-over-brexit-woes/) - The British pound found itself down to its worst performance in a month and a half on Friday after the EU criticised the UK government. The EU claimed that Boris Johnson’s government was attempting to change parts of a deal that was confirmed as part of the country’s withdrawal process. It said specifically that the - [Highs for USDX at 94.255 as Pandemic Fears Set Back In](https://forextraders.com/forex-news/highs-for-usdx-at-94-255-as-pandemic-fears-set-back-in/) - The US dollar index kept its recent value gains and reached 94.255 at one stage The markets are fearful of rises in Europe in particular Equity values in the US dropped over the course of the day Speeches from senior leaders at the US Federal Reserve also caused some concern for traders The US dollar - [Is Churchill China Going to Reach £11.40 Level Again?](https://forextraders.com/forex-news/is-churchill-china-going-to-reach-11-40-level-again/) - The pottery manufacturing firm Churchill China sits on the Alternative Investment Market in London and has seen some major price moves in recent times It rose as high as £11.40 earlier in the year – though it has since dropped to well below the £10 mark Some analysts suggest that the current share value prices - [GVC, Owner of Ladbrokes, Sees Share Price Rise of 7%](https://forextraders.com/forex-news/gvc-owner-of-ladbrokes-sees-share-price-rise-of-7/) - GVC, which owns major British sporting brands such as Coral and Ladbrokes, has announced a boost in net revenues from games A share price rise came after it predicted close to £800m in earnings across the year It attributed the rise in part to a boosted demand for online gambling as well as a resumption - [How to React to the Presidential Price Surge - Market Update 09/11](https://forextraders.com/forex-news/how-to-react-to-the-presidential-price-surge-market-update-09-11/) - Statistically speaking, US presidential elections are followed by a market rally regardless of which side wins. To some, most notably Donald Trump, the election may not be over. Markets though have priced in that the process is concluded. The price surge following the vote count has seen all assets rise in value as risk has - [How to Trade the Santa Rally 17/12/20](https://forextraders.com/forex-news/how-to-trade-the-santa-rally-using-regulated-brokers/) - Price moves in equities during the earlier part of the week have set up an opportunity to buy the dips into a hoped-for year-end rally. In the Forex Traders report of Tuesday, our analysts picked out strength in the oil markets possibly spilling over into equities. The drivers of the rally in crude being likely - [How to Find the Best Research for Trading the US Fed Announcement](https://forextraders.com/forex-news/how-to-find-the-best-research-for-trading-the-us-fed-announcement/) - With some significant news announcements due this week, there will be many looking to tap into the best research available in order to manage risk. There is also a need to ensure access to the markets is reliable. Monday Morning Market Jitters The fun has already started. Soon after the European markets opened on Monday - [Greenback to dominate week after oil price worries](https://forextraders.com/forex-news/greenback-to-dominate-week-after-oil-price-worries/) - The US dollar looked set to enjoy its best week in the foreign exchange markets since the new month arrived this week. This development came after oil prices continued to plummet, which affected a range of currencies across the globe which are dependent on exports. The greenback remained up by around 0.9% in its index, - [Greenback soars ahead amid fresh fears over pandemic](https://forextraders.com/forex-news/greenback-soars-ahead-amid-fresh-fears-over-pandemic/) - The coronavirus pandemic was back at the forefront of traders’ minds on Friday after a range of countries around the world grappled with the risks of a potential second wave of the disease. Statistics from the US in particular took strong hold in the world news headlines. There has been a rise in cases of - [Greenback falls in aftermath of Fed moves](https://forextraders.com/forex-news/greenback-falls-in-aftermath-of-fed-moves/) - The US dollar continued to fall in the foreign exchange markets on Tuesday after the effects of a significant move from the Federal Reserve began to take hold. The Fed, which is the central bank of the US, announced on Monday that it would be purchasing a wide range of bonds. As well as buying - [Greenback firmer after oil fears grip the markets](https://forextraders.com/forex-news/greenback-firmer-after-oil-fears-grip-the-markets/) - The US dollar found itself mostly ahead of other currencies on Wednesday despite fears over fluctuating oil prices. The price of oil across the globe has changed dramatically in recent days, with an overall collapse in prices noted earlier in the week. Despite the fact that the price of US crude oil has now gone - [Greenback plummets in face of rising risk sentiment](https://forextraders.com/forex-news/greenback-plummets-in-face-of-rising-risk-sentiment/) - Risk sentiment was on the rise on Monday as the forex trading week swung properly into motion, with the US dollar a notable casualty. A rise in the value of stocks fuelled the decline for the dollar, which tends to do badly as risk sentiment surges. At one stage during the day, the dollar index, - [Greenback in market’s focus as USDX sits around 92.61](https://forextraders.com/forex-news/greenback-in-markets-focus-as-usdx-sits-around-92-61/) - The greenback continued to remain in the forex spotlight on Wednesday afternoon as the US Congress deliberated further on a stimulus package for the flagging economy. No deal has yet been struck by the legislature, where lawmakers have split along largely partisan lines. The US dollar index, which monitors the performance of the currency in - [Global economy prepares for further virus fallout](https://forextraders.com/forex-news/global-economy-prepares-for-further-virus-fallout/) - The US dollar appeared to surge ahead in the foreign exchange markets on Wednesday after fears around the impact of the ongoing coronavirus pandemic came back with a vengeance. The development marked a shift in fortunes for the greenback, which has spent most of the week so far declining after traders began to be a - [Greenback dips in EUR/USD pair](https://forextraders.com/forex-news/greenback-dips-in-eur-usd-pair/) - The US corporate earnings season began in earnest on Monday – leading to problems for the US dollar in the process. The corporate earnings reporting period takes place four times a year as each quarter ends – and the current period is exceptionally important given the ongoing levels of concern around the impact that the - [GBPUSD: Head To Cable If You Want Volatility - Market Update 19/10](https://forextraders.com/forex-news/gbpusd-cable-volatility-market-update-19-10/) - Our market update of last week pointed to sterling weakness. Since then, GBPUSD has traded as low as 1.28615. That support level was tested on both Wednesday and Friday. Cables inability to print at even lower prices is partly explained by the Weekly 100 SMA which is currently offering support in the region of 1.28972. - [GBPUSD & EURUSD – Bullish Sentiment is Building 01/12/20](https://forextraders.com/forex-news/gbpusd-and-usd-are-forming-bullish-price-patterns/) - Between the 23rd and the 30th of November, all of the assets listed posted price moves of less than 1%. GBP/USD +0.05% EUR/USD + 0.81% FTSE 100 - 0.83% S&P 500 + 0.98% BITCOIN + 0.30% There were, of course, price moves during the intervening days, but only Bitcoin stands out as experiencing any significant - [GBPUSD Volatility Picking Up Due to Brexit Talks 03/12/20](https://forextraders.com/forex-news/an-update-on-gbpusd-as-price-volatility-increases-on-political-news/) - GBPUSD continues to show bullish sentiment. The Forex Trader analysts who picked it as a potential long position on Monday deserve some credit. They noted the bullish price pattern was forming when price was at 1.335, and the pair is now trading 1.341 as the halfway stage of the European session approaches. GBPUSDS – 1HR - [GBP/USD up close to 0.2% after inflation figures released](https://forextraders.com/forex-news/gbp-usd-up-close-to-0-2-after-inflation-figures-released/) - The British pound managed to secure one of the top positions in the forex markets on Wednesday after an economic calendar release worked in the currency’s favour. Traders at ATFX and other online brokers saw the currency go up by almost a fifth of a percentage point in the markets in its pair against the - [GBP/USD drops further, hits 1.3253 over Brexit fears](https://forextraders.com/forex-news/gbp-usd-drops-further-hits-1-3253-over-brexit-fears/) - The British pound suffered further in the foreign exchange markets on Monday due to fears about the impact that Brexit could have. The currency was down by a fifth of a percentage point at one stage over the day in its pair with the greenback – a development that extended the currency’s earlier losses. It - [GBP/USD Rests At $1.2958 Amid Bank of England Moves](https://forextraders.com/forex-news/gbp-usd-rests-at-1-2958-amid-bank-of-england-moves/) - Quick Read: The USDX dropped in the markets despite gains earlier in the week. The Federal Reserve’s announcement – and low interest rate commitment – affected prices. The British pound was seen fairly stagnant on Thursday afternoon. The Bank of England announced that it will keep QE programme and interest rates on hold. The greenback - [GBP/USD Rises to 1.2915 Level, Greenback Mixed Overall](https://forextraders.com/forex-news/gbp-usd-rises-to-1-2915-level-greenback-mixed-overall/) - The greenback faces a confused picture in many currency pairs and is on the defensive overall US President Donald Trump drew a line under negotiations with congressional Democrats on Wednesday over the proposed coronavirus aid package to citizens – delaying debates until after the upcoming election The Aussie dollar and British pound both surged - [GBPUSD - Technical Analysis Can Be Your Friend And Your Enemy Market Update 22/10](https://forextraders.com/forex-news/gbpusd-technical-analysis-can-be-your-friend-and-your-enemy-market-update-22-10/) - As expected, the GBPUSD ‘Brexit Trade’ and US Fiscal Stimulus discussions continue to be the major talking points in the markets. Bonds The bond dealing desks have a reputation for knowing what is really going on, so it was interesting to see US government debt prices were slightly higher on Thursday morning. Risk-off being the - [Friday in the forex markets: what’s on](https://forextraders.com/forex-news/friday-in-the-forex-markets-whats-on/) - The final day of the forex trading week looks set to be a pretty busy one, and it’s wise for traders to familiarise themselves with what is scheduled in. A speech from Randal Quarles, who is a member and vice chair for supervision of the Federal Reserve Board of Governors, will occur at 12:30pm GMT - [Friday in the forex markets: a guide](https://forextraders.com/forex-news/friday-in-the-forex-markets-a-guide/) - The foreign exchange trading week is now in its final stretch – but what events are there still to look out for as the day winds to a close? The key event to note is the ongoing National Day celebrations in China, which are likely to cause a slowdown in trading volume and may affect - [Friday in the forex markets: what’s on the cards?](https://forextraders.com/forex-news/friday-in-the-forex-markets-whats-on-the-cards/) - With the foreign exchange trading week now coming squarely to its end, it’s time to see what’s on the cards for Friday, the weekend and early next week. Today (Friday) will see a range of economic calendar events, especially given that the Thanksgiving holiday came to an end yesterday. The first major event will be - [Further drops for pound as details of British PM’s health are uncovered](https://forextraders.com/forex-news/further-drops-for-pound-as-details-of-british-pms-health-are-uncovered/) - The British pound appeared to be on a losing streak in the foreign exchange markets last night after the health of Prime Minister Boris Johnson appeared to get increasingly worse last night. Johnson was first admitted to hospital with the coronavirus on Sunday evening, but an announcement made last night revealed that he had since - [GBP climbs to five-month high despite weak economic data](https://forextraders.com/forex-news/gbp-climbs-to-five-month-high-despite-weak-economic-data/) - The GBP markets responded positively on afternoon trading on Tuesday 11th August as the sterling rose to hit five-month highs. Industry analysts were baffled by this new-found confidence among currency traders, however, as recent data releases did not indicate that the UK economy was in much better shape than it was a few weeks ago. - [GBP/USD down to $1.3281 over EU trade deal worries](https://forextraders.com/forex-news/gbp-usd-down-to-1-3281-over-eu-trade-deal-worries/) - Sterling was one of the main losers in forex trading on Thursday and into Friday. The dip in the value of the pound came after Britain continued to fail to strike a trade deal with the European Union ahead of the end-of-year deadline. The two sides have until the start of 2021 to come to - [GameStop - Redditt and Robin Hood Ambush the Markets](https://forextraders.com/forex-news/gamestop-redditt-and-robin-hood-ambush-the-markets/) - If anyone should know about the market 'always being right' it's the professional stockbrokers on Wall Street. The guys who get paid millions, or is that billions, to invest in shares for a living. The stock markets can be brutal, but by leveraging their personal address books and research teams, institutional investors usually end up - [Forex markets head into another day – the calendar ahead](https://forextraders.com/forex-news/forex-markets-head-into-another-day-the-calendar-ahead/) - The coming week looks set to be a busy one in the foreign exchange markets, so it makes sense for traders and investors to be sure that they’re in the know about what’s scheduled to happen. Today (Tuesday) is largely dominated by central banker speeches. Philip Lowe, who is the governor of the Reserve Bank - [Forex markets: a preview of next week](https://forextraders.com/forex-news/forex-markets-a-preview-of-next-week/) - Now that this foreign exchange trading week is beginning to come a close, it’s time to take a look ahead to the events on the forex calendar next week. Monday may be something of a slow day in Asian trading due to the presence of a major holiday in Japan. Culture Day there will close - [Forex Markets News from Tuesday Onwards](https://forextraders.com/forex-news/whats-going-on-in-the-forex-markets-from-tuesday-onwards/) - It’s Tuesday, and that means the foreign exchange markets are getting into full swing. Here’s what’s on the cards today and later into the week. Tuesday, there will be a number of important US events on the calendar. A speech from Thomas I. Barkin, who is president and CEO of the Federal Reserve Bank of - [Four Forex Trading Myths Every Newbie Should be Aware Of](https://forextraders.com/forex-news/four-forex-trading-myths-every-newbie-should-be-aware-of/) - For newcomers, the world of forex trading can indeed be daunting. The forex market is one of many facts, figures, stories and myths. But which are true and which can be relied upon? For those that are new to forex trading, it needn’t be confusing. Read on as we untangle the key claims and statements - [Forex markets react as economic data shows mixed picture](https://forextraders.com/forex-news/forex-markets-react-as-economic-data-shows-mixed-picture/) - The foreign exchange markets marked the midweek point with fears over the direction of the global economy after a series of mixed data releases came out. The markets were left reeling earlier in the week after figures from both the UK and Germany revealed that factory output had gone down to their lowest levels in - [Forex markets focus on Powell’s speech later](https://forextraders.com/forex-news/forex-markets-focus-on-powells-speech-later/) - The foreign exchange markets spent Wednesday morning readying themselves for a speech from the Federal Reserve Chair Jerome Powell, who is due to speak on Wednesday afternoon. The speech is set to come amid speculation that the Federal Reserve may be considering the implementation of negative interest rates, a potential move that is also being - [Forex Market Round-up Points to Bullish Sentiment and Bearish Traps](https://forextraders.com/forex-news/forex-market-round-up-points-to-bullish-sentiment-and-bearish-traps/) - Press reports suggest that positive sentiment is creeping back into the market. Whether that is a case of using any justification to explain price moves is another matter. Prices across different asset groups are signalling a move into risk-based positions. With US Corporate earnings season being kicked off by Netflix later on Tuesday, the tempo - [Fed officials send signals of rate cut](https://forextraders.com/forex-news/fed-officials-send-signals-of-rate-cut/) - The US dollar was once again in the limelight during trading on Thursday and into Friday after senior officials at the country’s central bank, the Federal Reserve, suggested that rate cuts were likely to be on the cards. The President of the New York Federal Reserve, John Williams, said on Thursday at a meeting of - [Foreign exchange markets: Tuesday round-up](https://forextraders.com/forex-news/foreign-exchange-markets-tuesday-round-up/) - There’s a lot happening in the foreign exchange markets today (Tuesday) and across the rest of the week. The main events will begin at lunchtime when the US Redbook index, which measures sales growth in the country’s shops, will be released at 12.55pm GMT covering the dates around August 2nd. Year on year, this was - [Foreign exchange trading this week: Tuesday update](https://forextraders.com/forex-news/foreign-exchange-trading-this-week-tuesday-update/) - With the forex trading week now well underway, it’s time to look ahead and see what’s on the cards for the next few days. Today (Tuesday), there will be a number of key data releases from the US, including a look at pending home sales data for September – which is due out at 2pm - [Forex calendar midweek update: what’s coming up?](https://forextraders.com/forex-news/forex-calendar-midweek-update-whats-coming-up/) - The middle of the foreign exchange trading week is already upon us, and that means it’s time to assess what the economic calendar has in store over the next few days. Today (Wednesday), there will be a wide range of major releases from the US over lunchtime in the GMT zone. At 12:30pm GMT, the - [Forex calendar updates: what’s on next week?](https://forextraders.com/forex-news/forex-calendar-updates-whats-on-next-week/) - With this foreign exchange trading week beginning to draw to a close, it’s a good chance to look ahead to what will be happening in the foreign exchange markets next week. Monday of next week is looking relatively thin at the moment. The main event in the morning will be the European Union’s financial stability - [Foreign exchange markets becoming stuck over trade woes](https://forextraders.com/forex-news/foreign-exchange-markets-becoming-stuck-over-trade-woes/) - Analysts have declared that the foreign exchange markets are getting stuck in paralysis over the ongoing twists and turns in the saga of the trade war between the US and China. One analyst quoted in Reuters, Ray Attrill from the National Australia Bank, said that the currency markets were in a place where they felt - [Foreign exchange update: Monday markets](https://forextraders.com/forex-news/foreign-exchange-update-monday-markets/) - The foreign exchange calendar for the new trading week is now beginning, and there’s plenty for traders to look out for. The first key event on Monday will be housing starts data out of Canada, covering November. This is due at 9:15am GMT and is set to show a change from 202,000 to 221,200. A - [Fed meeting looms as dollar shows nerves](https://forextraders.com/forex-news/fed-meeting-looms-as-dollar-shows-nerves/) - Traders appeared to be nervous when it came to the US dollar on Wednesday ahead of a crucial meeting of the American central bank. The Federal Reserve is meeting this week to discuss what stimulus measures, if any, might be needed to help tackle the coronavirus pandemic. While the bank is not expected to change - [Follow JP For the Best Insight into the Archagos Debacle](https://forextraders.com/forex-news/jp-morgan-looks-set-to-offer-expert-opinion-on-the-archagos-sell-off/) - Asian markets saw widespread selling through Wednesday’s session as analysts nervously lifted the lid on the Archegos Capital Management debacle. The billion-dollar US-based investment company was forced to liquidate certain of its positions on Friday to meet margin calls at the big banks that managed its accounts. The standard practice of freeing up spare cash - [Export-heavy currencies bouncing ahead amid positive headlines](https://forextraders.com/forex-news/export-heavy-currencies-bouncing-ahead-amid-positive-headlines/) - Global currencies which are known for performing well during times of export-friendly news headlines were buoyed on Monday as trading got underway for the week. Antipodean currencies, such as the Australian and New Zealand dollars, were both up as trading got underway. The New Zealand dollar did particularly well and was up by almost half - [Fear for dollar’s value as coronavirus job stats due](https://forextraders.com/forex-news/fear-for-dollars-value-as-coronavirus-job-stats-due/) - A run of good luck for the US dollar appeared to come to an end on Thursday as the currency plummeted in the wake of impending bad news about employment. The currency was down in its pairs against the Japanese yen and the single European currency after traders braced themselves for what was likely to - [Fears in markets over US-China battles ahead](https://forextraders.com/forex-news/fears-in-markets-over-us-china-battles-ahead/) - The foreign exchange markets reacted with fear on Monday as it became increasingly clear that the risks of a new US-China trade dispute were pressing and real. The two large economies spent much of 2019 locked in a fight over tariffs on imports and exports, and the wrangling caused havoc in the markets for months. - [Expected in Forex Markets This Week, Market Update 23/11/20](https://forextraders.com/forex-news/expected-in-forex-markets-this-week-market-update-23-11-20/) - The markets look set for a quieter week. After two weeks of dramatic news events, this week brings the US Thanksgiving holiday on Thursday. The willingness of traders in the world’s most important markets to take a three-day week traditionally results in markets drifting to some extent. The European open on Monday has seen equity - [Everything Is Going Up – GBPUSD Looks Likely to Extend Its Run, But Gold Could Falter](https://forextraders.com/forex-news/a-broad-rise-in-asset-prices-poses-questions-for-gbpusd-and-gold/) - Half-way through the trading week and the mood of calm in the markets has seen all the main asset groups gain ground. Commentators point to the increased likelihood of further government stimulus but whatever the catalyst has been, the price moves are available to see in black and white. Instrument Monday Thursday % Change - [European Bank Doesn’t Disappoint After Rates Hold Steady](https://forextraders.com/forex-news/european-bank-doesnt-disappoint-after-rates-hold-steady/) - The European Central Bank (ECB) met forex market expectations on Thursday after it announced that it would keep its policy rate unmoved. The effect on the euro of the expected decision to preserve current rates was minimal, and it dropped marginally to USD $1.1710 from $1.1719 just before the decision was announced. This was still - [Euro up as AUD/USD hits $0.7172 in forex markets](https://forextraders.com/forex-news/euro-up-as-aud-usd-hits-0-7172-in-forex-markets/) - The single European currency forged ahead in the foreign exchange markets once more on Tuesday and into Wednesday as the US dollar again fell behind. The euro was seen at $1.1808 at one stage over the day. The day’s events also outlined the political dimension to the dollar’s situation. The greenback is facing pressure on - [EURUSD and GBPUSD – Like Taking Candy from a Baby](https://forextraders.com/forex-news/eurusd-and-gbpusd-like-taking-candy-from-a-baby/) - After a tumultuous 12 months, the forex markets are finally showing some consistency as they head towards the finishing line. There is little chance of this being a sign that 2021 will be significantly less volatile and is more to do with trading volumes draining out of the holiday market. Either way, the calmer environment - [Events that Could Be About to Burst the Tech Bubble](https://forextraders.com/forex-news/analysis-of-tech-stocks-and-upcoming-events-which-could-impact-them/) - Analysts coming up with wildly different valuations of tech-stocks is nothing new. As current share prices are based on potential future earnings, it’s easy to discount or alternatively overrate new products the firms claim to have in their pipeline. The Covid-19 lockdown has had the effect of condensing years of societal change into months. - [Euro in the doldrums in Wednesday’s forex trading](https://forextraders.com/forex-news/euro-in-the-doldrums-in-wednesdays-forex-trading/) - The single European currency found itself at a low point during trading on Wednesday. It plummeted to its lowest point in a week after analysts continued to expect that the European Central Bank would launch a stimulus package. The Bank, which meets next week to discuss the issue, is increasingly expected to announce a raft - [Euro plummets again as rate cut appears scheduled](https://forextraders.com/forex-news/euro-plummets-again-as-rate-cut-appears-scheduled/) - The chances of a rate cut by the European Central Bank this week appeared to rise a little on Wednesday – leading to problems for the currency. Overall, analysts still appear to suspect that maintaining the current rate of 0% is more likely, but there is now believed (by the money markets) to be a - [Euro sees drop to under $1.10 after economic concerns](https://forextraders.com/forex-news/euro-sees-drop-to-under-1-10-after-economic-concerns/) - The single European currency dropped below a key level on Monday and into Tuesday after concerns about the real state of the Eurozone’s economy was revealed. The currency was recorded at just below $1.10 at one stage in its pair with the US dollar, following suggestions that sentiment in the bloc is at a particular - [Euro holds firm ahead of key Brexit vote](https://forextraders.com/forex-news/euro-holds-firm-ahead-of-key-brexit-vote/) - The single European currency saw some welcome rises on Monday and into Tuesday as traders on both sides of the Channel began to wait for the outcome of what could be the key vote on Brexit in the UK Parliament this evening. The euro remained firm over the course of the day yesterday, and went - [Euro holds firm after weekly low point hit](https://forextraders.com/forex-news/euro-holds-firm-after-weekly-low-point-hit/) - The single European currency managed to avoid declining further on Friday after it hit its weekly low point on Thursday. The currency was at risk due to the interest rate decision of the European Central Bank, which took place yesterday. While the Bank did not decide to alter interest rates on this occasion, it did - [Euro ready for battle before new ECB president speaks](https://forextraders.com/forex-news/euro-ready-for-battle-before-new-ecb-president-speaks/) - The single European currency revealed itself to be in a relatively strong position on Monday as the new president of the European Central Bank prepared to speak. Christine Lagarde, who was formerly the managing director of the International Monetary Fund and who is today speaking for the first time in her official capacity as the - [Euro rises as dollar loses on last trading day of year](https://forextraders.com/forex-news/euro-rises-as-dollar-loses-on-last-trading-day-of-year/) - The final trading day of the 2010s looked set to be a problematic one for the US dollar as the currency managed to lose its dominance in a lot of pairs. Mostly, the day was rather flat – with analysts expecting no significant moves in either direction. The end of the year meant that there - [Euro increases in value after ECB announcements](https://forextraders.com/forex-news/euro-increases-in-value-after-ecb-announcements/) - The single European currency surged in value on Thursday morning as traders were relieved by the decision of the local central bank to implement a new asset purchasing programme. The European Central Bank held an emergency meeting on Wednesday at which it agreed that it would execute a programme of buying up assets which was - [Euro firms up its gains as dollar dips further](https://forextraders.com/forex-news/euro-firms-up-its-gains-as-dollar-dips-further/) - The single European currency continued to see big gains in the foreign exchange markets on Friday after the bloc’s central bank revealed a huge stimulus package. The European Central Bank announced on Thursday that it would be ramping up its emergency bond purchase scheme by a figure of around 600 billion euros. This was more - [Euro and yen surge as greenback suffers](https://forextraders.com/forex-news/euro-and-yen-surge-as-greenback-suffers/) - The US dollar’s position as the world’s leading currency appeared to be in permanent jeopardy on Friday after other currencies moved to mop up demand – which, on the whole, moved away from the greenback. The greenback has previously been in an attractive place for currency market investors, many of whom were attracted to it - [EUR/USD up by 0.1% – moves continue to be tentative](https://forextraders.com/forex-news/eur-usd-up-by-0-1-moves-continue-to-be-tentative/) - The US dollar went down in the forex markets on Monday morning as the world’s commodity currencies got higher. The positivity appeared to be focused largely on the news that the trade deal between the US and China, which recently appeared to be under threat, was still going to remain in force – at least - [End of week round-up: the forex markets](https://forextraders.com/forex-news/end-of-week-round-up-the-forex-markets/) - With this foreign exchange trading week now drawing to an end, it’s time to look at what’s in store today, over the weekend and early next week. Today (Friday), the focus will largely be on the US, where a series of labour market data releases are expected. It is thought that average hourly earnings figures - [End of week round-up: forex market update](https://forextraders.com/forex-news/end-of-week-round-up-forex-market-update/) - With the end of the week now well and truly here, it’s time to see what Friday is set to hold in the foreign exchange markets – and what’s coming up early next week. A speech from the president of German Bundesbank, Jens Weidmann, will take place at 1pm GMT today. This will be followed - [EUR/USD continues upward trend as markets hesitate](https://forextraders.com/forex-news/eur-usd-continues-upward-trend-as-markets-hesitate/) - The US dollar found itself dipping in the foreign exchange markets on Monday as traders around the world looked nervously ahead to a week or so of potential market-moving events. Traders appeared to be waiting for the release of some key economic data from the US later in the week before they made firm decisions - [EUR/USD at 1.1752 as Fed statement looms for markets](https://forextraders.com/forex-news/eur-usd-at-1-1752-as-fed-statement-looms-for-markets/) - The single European currency did well in the forex markets on Wednesday as traders across the globe braced themselves for an announcement from the US central bank. The euro was up by over 0.3% in the markets by Wednesday afternoon, finding itself at $1.1752 at one stage. While this was not sufficient to beat its - [EUR struggles to build gains as momentum stalls](https://forextraders.com/forex-news/eur-struggles-to-build-gains-as-momentum-stalls/) - Although in recent weeks, the EUR has kept in surprisingly good health, currency traders are beginning to ask questions about the long-term health of the currency as it appears to be struggling to find upward momentum against other major currencies. Following a break above the 1.5344-1.5429 inflection range, prices appeared to accelerate before stopping short - [EUR/USD rests at $1.19085 after breaching 1.20 level](https://forextraders.com/forex-news/eur-usd-rests-at-1-19085-after-breaching-1-20-level/) - The euro was one of the stand-out winners during trading on Wednesday after it crossed a key threshold on Tuesday. The currency managed to surpass the important psychological barrier of the 1.20 level yesterday, reaching $1.2014 at one point. This was its best performance since late spring two years ago. However, it later found itself - [EUR/USD Stuck in Dip Against Greenback, Reaches $1.1635](https://forextraders.com/forex-news/eur-usd-stuck-in-dip-against-greenback-reaches-1-1635/) - The euro was one of the major currencies to lose out in Monday’s forex trading, with the currency hitting a series of low points The dollar mopped up gains almost across the board The dollar did not, however, surge against the Japanese yen, which managed to hold its own The Turkish lira was down significantly, - [End of the forex trading week in the spotlight](https://forextraders.com/forex-news/end-of-the-forex-trading-week-in-the-spotlight/) - The forex trading week might have hit its midpoint, but there’s a lot to look out for in the second half of it. Thursday sees a range of Chinese data points released. Imports for the month of July, for example, will be out at some unspecified stage. This metric is likely to show a change - [End of the week in the forex markets: what’s happening?](https://forextraders.com/forex-news/end-of-the-week-in-the-forex-markets-whats-happening/) - With the foreign exchange markets now drawing to a close due to the end of the week, it’s time to look at what’s happening in the markets on Friday and over the weekend. On Friday afternoon, there will be a range of major events, especially in North America. Housing starts data for October will be - [End of the week near in forex markets: an update](https://forextraders.com/forex-news/end-of-the-week-near-in-forex-markets-an-update/) - Now that the week is drawing to a close and the foreign exchange markets are recovering after a period of on-off activity over the Christmas and New Year holidays, it’s time to see what’s scheduled on the economic calendar. Today (Thursday), it is expected that traders will ease back into the routine of daily trading, - [Drop for the dollar as risk surges](https://forextraders.com/forex-news/drop-for-the-dollar-as-risk-surges/) - Riskier currencies appeared to be well and truly back on the market on Tuesday as many of the scourges of the forex markets in recent weeks appeared to recede. The chances of Britain crashing out of the European Union without a deal on 31st October are beginning to appear increasingly less likely after British Prime - [ECB decision set to dominate forex markets today](https://forextraders.com/forex-news/ecb-decision-set-to-dominate-forex-markets-today/) - The impending decision of the European Central Bank looks set to dominate the foreign exchange markets today. The Bank will announce both its deposit rate and its interest rate later in the day, and it may also provide a stimulus package designed to help flagging economies in the Eurozone – such as Germany – get - [Dollar weathers the storm despite Trump impeachment](https://forextraders.com/forex-news/dollar-weathers-the-storm-despite-trump-impeachment/) - The impeachment of Donald Trump appeared to pose little problem to the dollar in global trading over the course of yesterday and today. The greenback was noted at 0.1% less than previously as trading got underway in London on Monday morning, suggesting that the historic vote in the House of Representatives has had little effect - [Economic shutdowns lead to demand for dollar](https://forextraders.com/forex-news/economic-shutdowns-lead-to-demand-for-dollar/) - The US dollar continued to be in high demand on Tuesday as firms and traders across the globe built up their reserves of the highly liquid currency. Traders also appeared to show a low appetite for risk over the course of the day as the coronavirus continued to wreak havoc on markets, countries and - [Economic calendar news pushes USDX down to 92.869 level](https://forextraders.com/forex-news/economic-calendar-news-pushes-usdx-down-to-92-869-level/) - The greenback’s descent back into the problem zones on the price charts was emphasised during Monday’s trading as the currency battled with the effects of a negative data release. The dollar index, which is a system employed by traders wanting to compare the dollar’s performance across currencies, was down by 0.16% at one stage – - [Dollar Weakness Continues into 2021 But Watch Out for Friday 04/01/2020](https://forextraders.com/forex-news/dollar-weakness-continues-into-2021-but-watch-out-for-friday/) - The new trading year kicks off with a large number of data releases to work through. There are reasons to think the news releases due this week could be particularly important in steering the direction of the market. As many institutional investors will be returning from a period of being away from their desks, they - [Drop in Trading Volumes Could Offer Clues Regarding What Happens Next 12/01/21](https://forextraders.com/forex-news/drop-in-trading-volumes-could-offer-clues-to-what-happens-next/) - The start of the year saw the markets firmly embrace risk-on assets including equities and energy commodities. Monday’s pullback raises the question of whether this is a buying opportunity or the start of a correction. Price moves in early trading on Tuesday have been non-committal but trading volumes could offer a clue. With three different - [Dollar Sluggish in Forex Markets as Holiday Period Ends](https://forextraders.com/forex-news/dollar-sluggish-in-forex-markets-as-holiday-period-ends/) - The US dollar found itself stuck in a tight trading range early on Friday after a day off for the Independence Day holiday. Traders were also awaiting the outcome of the major nonfarm payroll report, which indicates how many jobs have been taken up in the country outside of agriculture. It is expected that the - [Dollar thrives in face of cut to interest rates](https://forextraders.com/forex-news/dollar-thrives-in-face-of-cut-to-interest-rates/) - The widely expected cut in US interest rates brought out by the Federal Reserve yesterday spelled good news for the country’s currency. The Fed, which is the country’s central bank, reduced interest rates from their previous position of 2.25% to 2% in a move ostensibly designed to stimulate the country’s economy. In a statement, the - [Dollar takes a hit over economic data worries](https://forextraders.com/forex-news/dollar-takes-a-hit-over-economic-data-worries/) - The US dollar found itself frantically trying to recover on Monday and into Tuesday after it hit what was close to its lowest point in a week against the Japanese yen. The currency was also spotted in its lowest point for a fortnight with the single European currency. Both declines were fuelled largely by questions - [Dollar surges against risky currencies over recession fears](https://forextraders.com/forex-news/dollar-surges-against-risky-currencies-over-recession-fears/) - Worries about the impact of a global recession were front and centre in the foreign exchange markets on Tuesday and into Wednesday – leading to a large-scale abandoning of riskier currencies. It is now widely expected that the recession which follows the coronavirus pandemic will be one of the worst for many decades following a - [Dollar surges in face of risk aversion](https://forextraders.com/forex-news/dollar-surges-in-face-of-risk-aversion/) - The US dollar began the week appearing to head back to the top in the foreign exchange markets after concerns mounted about the chances of global growth. Economic data from some of the world’s major economies was the primary driver of this move. In Japan, for example, it was revealed that exports were down by - [Dollar ticks up slightly in uncertain forex environment](https://forextraders.com/forex-news/dollar-ticks-up-slightly-in-uncertain-forex-environment/) - The US dollar managed to make some modest gains in the foreign exchange markets on Monday, though risk sentiment appeared to still be the main thing on the agenda for traders. The dollar index, which is a way for traders to compare the performance of the greenback compared to several other important global currencies, was - [Dollar sold off over Fed fears – GBP/USD at $1.3413](https://forextraders.com/forex-news/dollar-sold-off-over-fed-fears-gbp-usd-at-1-3413/) - Sterling saw a big rise across the day on Tuesday after encouraging signs of a trade deal with a major non-EU economy emerged. A leading figure in the Japanese government claimed that a trading deal between Britain and Japan could soon be signed. The comments were made by the country’s foreign minister, and come as - [Dollar Remains Low in Forex Markets After Fed Decision](https://forextraders.com/forex-news/dollar-remains-low-in-forex-markets-after-fed-decision/) - The US Federal Reserve announced on Wednesday that it would raise interest rates in the country from 2.25% to 2.5% – leading to a knock-on effect all over the forex markets. However, while the US dollar managed to surge a little bit in the wake of the news, it did not appear to move towards - [Dollar remains calm as big days approach](https://forextraders.com/forex-news/dollar-remains-calm-as-big-days-approach/) - The US dollar continued to shy away from its low performances of last week as this week dawned – with the currency managing to remain firm in its pair against the Japanese yen and other major currencies. The dollar index, which tracks the performance of the currency in comparison to several others around the world, - [Dollar sees some weakness ahead of major day for trade](https://forextraders.com/forex-news/dollar-sees-some-weakness-ahead-of-major-day-for-trade/) - The US dollar saw some weakness over the course of Wednesday as traders around the world geared up for what looked set to be one of the most significant days in recent forex history. US President Donald Trump was due to sign a “phase one” deal with China during an historic meeting in the US - [Dollar rises following Federal Reserve emergency rate cut](https://forextraders.com/forex-news/dollar-rises-following-federal-reserve-emergency-rate-cut/) - The US dollar began to rise again on Wednesday after it suffered at the hands of a Federal Reserve rate cut earlier in the week. The dollar index, an artificial tracking tool used to monitor how the currency is performing compared to many others from around the world, was up again – which was welcome - [Dollar slips after oil recovers](https://forextraders.com/forex-news/dollar-slips-after-oil-recovers/) - The price of oil fluctuated then rose slightly in the global markets on Wednesday – leading to something of a slowdown for the US dollar. The price of Brent crude oil went down a little as Wednesday began. It fell under $16 per barrel at one stage. In a sign of the volatility in the - [Dollar rises a little on charts – JPY/USD down to 106.33](https://forextraders.com/forex-news/dollar-rises-a-little-on-charts-jpy-usd-down-to-106-33/) - The US dollar reversed some of the declines that it has seen in recent days on Thursday and secured rises in value in several major pairs. The currency was seen up against the euro, the yen and more as trading got underway. One of the main reasons for the currency’s resurgence was a fear that - [Dollar holds its own ahead of Jackson Hole conference](https://forextraders.com/forex-news/dollar-holds-its-own-ahead-of-jackson-hole-conference/) - The US dollar was managing to remain firm as trading got underway in Asia on Friday morning. The big news of the day was that the Jackson Hole Symposium, which sees central bankers from across the global get together in a remote American ski resort, was due to begin. A speech this afternoon from Jerome - [Dollar in the spotlight ahead of major Fed meeting](https://forextraders.com/forex-news/dollar-in-the-spotlight-ahead-of-major-fed-meeting/) - The US dollar looked set to trade at its highest position in over two months on Monday morning before the US Federal Reserve meet to decide the fate of interest rates in the world’s largest economy. It is now widely expected that the Fed will cut rates when it meets later in the week. The - [Dollar on the rise over Trump speech later](https://forextraders.com/forex-news/dollar-on-the-rise-over-trump-speech-later/) - The US dollar managed to rise in the foreign exchange markets today ahead of a speech later from US President Donald Trump which could well cause disruption for the markets. Trump is due to speak at a lunch in New York later today, with his audience being the Economic Club of New York. According to - [Dollar looking unsteady after more deal uncertainty](https://forextraders.com/forex-news/dollar-looking-unsteady-after-more-deal-uncertainty/) - The US dollar appeared to be somewhat unsteady on its feet on Tuesday after it lost some of the ground it had gained the day before. The currency surged ahead in its pair against the safe haven Japanese yen to its best position in two weeks at the start of the day. However, these gains - [Dollar fluctuates over concerns about Senate stimulus](https://forextraders.com/forex-news/dollar-fluctuates-over-concerns-about-senate-stimulus/) - The US dollar was up and down in the foreign exchange markets on Monday – and there was some uncertainty about the domestic response to the developments in the US itself. The US Senate, which is the upper house of Congress (the country’s legislative body), held debates over the weekend to attempt to thrash out - [Dollar in nosedive as Fed announces new approach](https://forextraders.com/forex-news/dollar-in-nosedive-as-fed-announces-new-approach/) - The US dollar continued its trajectory of fluctuation on Tuesday after it was revealed that the country’s central bank would start backstopping a variety of loan types. The Federal Reserve announced the move on Monday and said that it would now lend against other forms of debt including credit card loans. It said that it - [Dollar precarious as Fed decision expected](https://forextraders.com/forex-news/dollar-precarious-as-fed-decision-expected/) - The US dollar hovered in a precarious position on Wednesday morning as traders in the foreign exchange markets waited nervously for the outcome of a central bank meeting in the country. The Federal Reserve began its two-day meeting yesterday and is expected to release its decisions later on Wednesday. There was some speculation in the - [Dollar on the up as pessimism sinks in](https://forextraders.com/forex-news/dollar-on-the-up-as-pessimism-sinks-in/) - Pessimism appeared to be the name of the game in the foreign exchange markets on Wednesday after a series of concerns about world politics appeared. Part of the concerns focused on a new dispute between China and India relating to fighting at their border. The two nations both went public on Wednesday with statements that - [Dollar hovers in markets amid turn against risk](https://forextraders.com/forex-news/dollar-hovers-in-markets-amid-turn-against-risk/) - The US dollar managed to rise a little and then hold firm in the markets on Wednesday after traders around the globe began to lose hope of an end to the economic impacts of the coronavirus pandemic. The dollar’s index – a method of assessing currency performance used by traders who want to evaluate the - [Dollar on up as GBP/USD dips and hits $1.3091 level](https://forextraders.com/forex-news/dollar-on-up-as-gbp-usd-dips-and-hits-1-3091-level/) - The greenback staged a surprising recovery in the foreign exchange markets on Friday as analysts priced in expected poor performance in a major jobs report. The news of the dollar’s rebound came just before nonfarm payrolls figures for July were released, with most analysts expecting bad news. The US labour market is understood to be - [Dollar firmly in front as recession fears persist](https://forextraders.com/forex-news/dollar-firmly-in-front-as-recession-fears-persist/) - The US dollar continued to cement its position at the top of the global foreign exchange trading tree on Friday. By Friday morning, it appeared that the currency’s rise over the course of the week was likely to be in the region of 2%, which marked its best performance since March. This came after the - [Dollar drops over hopes for global economic performance](https://forextraders.com/forex-news/dollar-drops-over-hopes-for-global-economic-performance/) - The US dollar ended its most recent run of strong performance in the international foreign exchange markets after the global economy appeared to show signs of beginning to pick up. The coronavirus pandemic, which has for months been the main area of focus for traders, is far from over. However, some countries are now beginning - [Dollar drops further over raised vaccine hopes](https://forextraders.com/forex-news/dollar-drops-further-over-raised-vaccine-hopes/) - The US dollar continued to slide away from dominance on Wednesday after stocks went up in value. The greenback, which in recent weeks has enjoyed a position as a leading safe haven, once again spent the day falling victim to a cautiously optimistic mood among traders. The rise in stock values came in part after - [Dollar dips further on recovery-related risk sentiment](https://forextraders.com/forex-news/dollar-dips-further-on-recovery-related-risk-sentiment/) - The US dollar continued its slide out of favour on Wednesday as traders began to move towards a more risk-friendly position in the wake of the pandemic’s apparent conclusion. The Australian dollar, a currency which in recent days has risen to the top of the forex tree, was on Wednesday, now up to its highest - [Dollar drops even further as risk sentiment continues](https://forextraders.com/forex-news/dollar-drops-even-further-as-risk-sentiment-continues/) - Risk was fully back on the agenda in the foreign exchange markets on Wednesday as the currency of choice during the pandemic, the US dollar, dropped in value again. The dollar, which is often described as the world’s reserve currency, has spent much of the pandemic riding high as traders flocked to it because of - [Dollar drops as risk appetite appears to return](https://forextraders.com/forex-news/dollar-drops-as-risk-appetite-appears-to-return/) - The greenback was down over the course of trading on Wednesday after a series of economic data releases fuelled risk appetite. Data from both the US and Europe appeared to show an improvement compared to previous months during the coronavirus outbreak. The ‘ADP National Employment Report’ in the country revealed that private payrolls were up - [Dollar defeats oil price rise and bounces back](https://forextraders.com/forex-news/dollar-defeats-oil-price-rise-and-bounces-back/) - The US dollar began to show signs of bouncing back on Monday and into Tuesday after it experienced a shock in the markets when the week’s trading first began. On Monday, it had taken a kicking following the global rise in oil prices which came after the attack on Saudi Arabian oil refineries over the - [Dollar close to monthly highs over further virus fears](https://forextraders.com/forex-news/dollar-close-to-monthly-highs-over-further-virus-fears/) - The US dollar continued to dominate the foreign exchange markets as trading got underway on Wednesday – with many investors concerned about whether or not the Chinese coronavirus was contained. The virus, which has spread to various locations around the world and which now has caused the deaths of over 130 people, is a new - [Dollar back on track following poor week](https://forextraders.com/forex-news/dollar-back-on-track-following-poor-week/) - The US dollar appeared to get back on track in the global foreign exchange markets on Monday after it suffered one of the worst weeks in its history last week. The currency, which more broadly has experienced extreme fluctuation in the strange context of the coronavirus, managed to get back on track despite dire predictions - [Dollar back on track after Fed makes moves](https://forextraders.com/forex-news/dollar-back-on-track-after-fed-makes-moves/) - The US dollar appeared to recover somewhat on Tuesday after a brief wobble in the forex markets in the midst of a significant announcement from the country’s Federal Reserve. The greenback initially suffered at the outset of Tuesday’s trading. However, as the day went on, the greenback appeared to be regaining ground that it had - [Decline for the Euro after Confidence Drops](https://forextraders.com/forex-news/decline-for-the-euro-after-confidence-drops/) - The value of the Euro on the foreign exchange markets declined on Wednesday following a series of statistical releases which harmed its performance. The currency fell by 0.1% to $1.1647 against the US dollar after the Purchasing Managers Index survey revealed that those responsible for buying decisions are at their lowest level of optimism since - [Dollar back on the rise following days of problems](https://forextraders.com/forex-news/dollar-back-on-the-rise-following-days-of-problems/) - The US dollar managed to surge back ahead on Monday and into Tuesday after a few days of problems. The currency, which had previously seen day after day of losses for the equivalent of one trading week, managed to rise 0.3% in its index. The index is an artificial tool designed to demonstrate how the - [Deal back on? Dollar surges as renewed hope emerges](https://forextraders.com/forex-news/deal-back-on-dollar-surges-as-renewed-hope-emerges/) - The proposed trade deal between China and the US continued to dominate the foreign exchange trading markets on Thursday and into Friday. This time it was the greenback which was the main beneficiary – thanks to comments made by an official from the Chinese ministry of commerce which appeared to suggest that the deal was - [Deal back on? Resurgence of optimism on the cards](https://forextraders.com/forex-news/deal-back-on-optimism-on-cards/) - There was renewed hope on Friday that a trade deal between the United States and China could potentially be back on the cards. The deal, which has been long promised by both sides but which has not yet actually materialised, has hit a range of delays. It has been described as a “phase one” deal, - [Dollar back on the rise as liquidity sought in markets](https://forextraders.com/forex-news/dollar-back-on-the-rise-as-liquidity-sought-in-markets/) - Liquidity appeared to be the number one feature desired by forex traders on Friday as the coronavirus continued to surge. The dollar held firm in most of its pairs following the news that many investors are running out of easily-accessed dollars – pushing up demand for the liquid greenback. There was also a lot of - [Demand for risk sustained after coronavirus treatment news](https://forextraders.com/forex-news/demand-for-risk-sustained-after-coronavirus-treatment-news/) - Demand for the riskier currencies appeared to be the name of the game in the foreign exchange markets on Thursday and into Friday after news that a drug trial to treat the coronavirus pandemic may soon be ready. According to Reuters, the medical information outlet STAT is claiming that a clinical trial which took place - [Doldrums for USDX as it hits 93.720 in forex markets](https://forextraders.com/forex-news/doldrums-for-usdx-as-it-hits-93-720-in-forex-markets/) - The US dollar index was seen at its worst for two years earlier this week – and forex traders and analysts appeared unwilling to predict an immediate turnaround in its fortunes. The currency, which during the recent coronavirus pandemic was seen to rise in value significantly as traders flocked to its cash-friendliness, has had a - [Ding! Ding! Round 2, of Trading Pfizer Vaccine News - Market Update 12/11/20](https://forextraders.com/forex-news/ding_ding_round_2_of_trading_pfizer_vaccine_news/) - The immediate reaction to Pfizer’s announcement on Monday resembled that of a grenade going off in the global financial markets. Since then, some of the asset groups, like WTI Crude oil, have held the price levels they quickly reached. Some have retraced (US Tech) and some continue to move with vaccine driven momentum (EURUSD). The - [Currency Markets Watch with Concern as Tariffs Kick In](https://forextraders.com/forex-news/currency-markets-watch-with-concern-as-tariffs-kick-in/) - President of the United States Donald Trump confirmed on Thursday evening that he would be pressing ahead with the imposition of tariffs against China – and these are kicking in today. So far, only small effects on the forex markets have been noted. Both the US dollar and the Chinese yuan experienced small declines of - [Currency and trade wars hit, yuan falls to record low](https://forextraders.com/forex-news/currency-and-trade-wars-hit-yuan-falls-to-record-low/) - The Chinese yuan made history for all the wrong reasons on Monday and into Tuesday after the US government called China a “currency manipulator”. The development came after the trade battles between the two countries intensified further. Last week, the US government made a decision to impose more sanctions on goods imported across its borders - [Data set to dominate Thursday in the forex markets](https://forextraders.com/forex-news/data-set-to-dominate-thursday-in-the-forex-markets/) - Data releases look set to be the key events on the forex market calendar as trading got underway in earnest on Thursday. Jobless claims data from the US are due out at 12:30pm, both in terms of initial claims and continuing claims. The former covers the dates around 4th October and is likely to reveal - [Covid-19: a black swan that we could have seen coming](https://forextraders.com/forex-news/covid-19-a-black-swan-that-we-could-have-seen-coming/) - by Giles Coghlan, Chief Currency Analyst at HYCM If there’s one thing that the coronavirus is revealing to us, it’s the extent to which human beings will persistently discount the seemingly obvious until it’s too late. There’s hardly a starker demonstration of this fact than how painfully slow we have been to raise the alarm - [Data boosts euro – and dollar in doldrums](https://forextraders.com/forex-news/data-boosts-euro-and-dollar-in-doldrums/) - The US dollar continued to find itself in the doldrums on Tuesday and into Wednesday after some positive data about business performance was released in Europe. The IHS Markit Eurozone purchasing managers’ index went up higher than expected, going from 31.9 in May to 47.5. While this did not push it into the levels required - [COVID-19 vaccine news hits USD/JPY, drops 0.5% on charts](https://forextraders.com/forex-news/covid-19-vaccine-news-hits-usd-jpy-drops-0-5-on-charts/) - The greenback saw its value continue to slide in the forex markets on Monday amid a rapidly changing context of headlines from around the world. The latest news on the coronavirus vaccine front was positive, and this led to what seemed to be an increased appetite for risk – leaving the dollar to suffer. This - [DAX up by 0.1% Amid Fresh Confidence Boost for Markets](https://forextraders.com/forex-news/dax-up-by-0-1-amid-fresh-confidence-boost-for-markets/) - Stock markets in Germany, France and Britain posted gains amid a sense of renewed optimism about the world’s economic prospects Economic data from China was highly positive, fuelling the move – though data from Europe itself was less positive US politics continued to exert an influence on global trading, especially in regard to a potential - [Could Oil Price Moves be the Trigger for a Santa Rally in Equities 15/12/20](https://forextraders.com/forex-news/could-oil-price-moves-be-the-trigger-for-a-santa-rally-in-equities/) - Equities & Oil – Different takes on the US Stimulus The equity and oil markets headed in different directions on Monday. Stocks fell, despite many in the market expecting further strength. At the same time, US crude has spent time on Monday printing prices above $47 per barrel and Tuesday morning it was up - [Coming up: this week in forex](https://forextraders.com/forex-news/coming-up-this-week-in-forex/) - With the midweek point now here, it’s time to assess what the foreign exchange calendar holds for the rest of the week ahead. This afternoon (Wednesday), there will be a number of key economic indicators out of the US. These are scheduled to include durable goods orders information, which is due out at 1:30pm GMT. - [Coming up in forex: what’s on?](https://forextraders.com/forex-news/coming-up-in-forex-whats-on/) - The foreign exchange calendar for the week might be coming to a close, but there’s still plenty to keep your eyes peeled for if you’re a foreign exchange trader. Friday, there will be a number of key releases from Europe. At 7am GMT, for example, there will be an industrial production figure out of Germany - [Coronavirus continues to grip forex markets](https://forextraders.com/forex-news/coronavirus-continues-to-grip-forex-markets/) - The coronavirus pandemic continued to have a profound effect on the state of the global foreign exchange markets on Wednesday and into Thursday. Despite experiencing some problems earlier in the week, the US dollar – which is the world’s reserve currency – managed to edge forward in Wednesday’s trading. This occurred due to a drop - [Coming up: a guide to this week in the foreign exchange markets](https://forextraders.com/forex-news/coming-up-a-guide-to-this-week-in-the-foreign-exchange-markets/) - As the coronavirus pandemic continues to rage around the world, foreign exchange traders are keeping a close eye on the day to day news of death tolls, economic restrictions, political responses and more. But there are also some scheduled events on the economic calendar, too, and as usual they have the potential to move the - [Coming up in the foreign exchange trading week](https://forextraders.com/forex-news/coming-up-in-the-foreign-exchange-trading-week/) - A new week is now well underway for foreign exchange market traders, and now’s the time to keep an eye on what’s coming up in the days ahead. Tuesday of this week will begin with a meeting minutes release from the Reserve Bank of Australia. This is expected at 1:30am GMT. This will be followed - [Commodity currencies back in business as dollar dips](https://forextraders.com/forex-news/commodity-currencies-back-in-business-as-dollar-dips/) - Those global currencies dependent on commodity exports were up in the forex markets on Monday – leaving little room for the dollar to surge. It came as oil prices across the globe were up across the course of the day. The consequent rise in risk appetite that this led to was increased as the markets - [Commodity currencies start week on a high note](https://forextraders.com/forex-news/commodity-currencies-start-week-on-a-high-note/) - The world’s commodity currencies found themselves surging ahead in the foreign exchange markets on Monday as the markets continued to fixate on the apparent end of the pandemic lockdown. The Antipodean currencies, which are the dollars of Australia and New Zealand, surged ahead in the markets as trading for the week got underway. They were - [CNY/USD up to 6.9032 after renewed trade deal hopes](https://forextraders.com/forex-news/cny-usd-up-to-6-9032-after-renewed-trade-deal-hopes/) - The Chinese yuan became the standout winner in the foreign exchange markets on Wednesday after China and the US made a public commitment towards a trade deal. It came after the US and China said that they were still committed to the terms of an early trade deal agreed last year. The onshore version of - [China suggests narrow trade deal might be on the cards](https://forextraders.com/forex-news/china-suggests-narrow-trade-deal-might-be-on-the-cards/) - Over the weekend, China said that it was looking to agree to a less broad-brush deal with the US than had previously been hoped for, according to media reports. The report in Bloomberg said that China, which is due to send some of its senior officials to meet with US ones at some stage this - [China wants tariffs removed as top priority](https://forextraders.com/forex-news/china-wants-tariffs-removed-as-top-priority/) - A trade deal between the United States and China hinges on a phase one removal of existing tariffs on Chinese goods, according to the country's Global Times newspaper. “Sources with direct knowledge of the trade talks told the Global Times on Saturday that the U.S. must remove existing tariffs, not planned tariffs, as part of - [Christmas week in the forex markets: what’s on?](https://forextraders.com/forex-news/christmas-week-in-the-forex-markets-whats-on/) - The last full week of 2019 – and the decade – is here. What’s happening in the foreign exchange markets as the year comes to a close? Today (Monday), there will be a festive slowdown beginning in almost every economy except the United States, where a set of major economic data releases are expected over - [China shows tentative recovery signs in bad news for dollar](https://forextraders.com/forex-news/china-shows-tentative-recovery-signs-in-bad-news-for-dollar/) - The US dollar appeared to lose its position of dominance on Tuesday as trading got back underway in earnest following the long weekend. Several major economies, including those in North America as well as many in Europe, took a few days off trading for the Easter weekend in recent days. However, as trading volumes began - [Chinese yuan pushes commodity currencies higher](https://forextraders.com/forex-news/chinese-yuan-pushes-commodity-currencies-higher/) - The Chinese yuan appeared to herald a new wave of risk-on trading on Monday morning after suggestions that the Chinese economy could be about to spring back into life. An economic data release from China revealed that top shares in the country were on the rise, heading up to their best in five years. The - [Calmer Markets as the Holiday Looms – But is There Still One Dip Left to Buy? 23/12/20](https://forextraders.com/forex-news/calmer-markets-mean-trading-opportunities-are-harder-to-find/) - Wednesday’s European session has seen markets adopt a much calmer mood as the holiday approaches. With most asset groups trading sideways in low volume, one market is still holding on to relatively high price volatility and throwing up buying opportunities. Forex The currency markets have formed price patterns which denote that the year’s trading is - [Central Banks – Analysis of CAD and GBP Rate Announcements](https://forextraders.com/forex-news/central-banks-analysis-of-cad-and-gbp-rate-announcements/) - USDCAD – BOC to Make Rates Announcement The Bank of Canada is widely expected to leave its monetary policy unchanged. Outlier opinions are pointing towards a micro-rate cut – some fraction of the standard 25bps move. Markets appear to be pricing in "Unchanged" with trading volumes dropping off and the Bollinger Band Width decreasing in - [Check out EURUSD’s Break Out Ahead of ECB Reports](https://forextraders.com/forex-news/eurusd-strength-is-more-to-do-with-the-us-than-the-ecb/) - European stock indices were mostly higher on Thursday morning on the back of good news from the US. The $1.9 trillion Covid relief bill passed the final hurdle when approved by the House of Representatives before being sent to President Joe Biden to sign into law. The recently beleaguered Nasdaq index finished Wednesday strongly - [Calendar: what’s on in the coming days for forex traders?](https://forextraders.com/forex-news/calendar-whats-on-in-the-coming-days-for-forex-traders/) - This foreign exchange trading week has barely got off the ground – but there’s still a lot to look out for as the week goes on. Today (Tuesday), there will be a building permits release from the US, covering October. This is expected to show a month on month change from 1,391,000 to 1,385,000 when - [Brexit fears fuel drop for pound in forex markets](https://forextraders.com/forex-news/brexit-fears-fuel-drop-for-pound-in-forex-markets/) - The foreign exchange markets were cruel to the British pound on Monday and into Tuesday after concerns about the Brexit process led to a loss of confidence in the currency. Last night, the final debate was held between the two contenders to become the leader of the British Conservative Party and hence the next Prime - [Busy week ahead for forex traders](https://forextraders.com/forex-news/busy-week-ahead-for-forex-traders/) - There’s a busy week ahead on the horizon for forex traders. Next week will begin with a bank holiday in North America on Monday. Canada will celebrate is August Civic Holiday on that day, so there could be some slowdown for traders of North American currency assets. European action will begin at 5.45am GMT, with - [Calendar updates: what’s happening this week?](https://forextraders.com/forex-news/calendar-updates-whats-happening-this-week/) - With Monday now here, it’s a good time to look at what’s due in the forex trading markets this week. On Monday, the Chicago Federal Reserve will release its national activity index at 12:30pm GMT covering October. This is expected to show a change from -0.45 to -0.43. Two speeches from the European Central Bank - [CAD/JPY may rise, 0.25% rate may change](https://forextraders.com/forex-news/cad-jpy-may-rise-0-25-rate-may-change/) - The Canadian dollar looks set to be in with a chance of rising in the forex markets, analysts say. According to technical analysis, the currency suffered particularly badly from the impact of the coronavirus crisis. It did, however, recover somewhat – though it has now begun to stagnate again. It has followed a roughly similar - [CAD/USD boosted by commodities and spending data](https://forextraders.com/forex-news/cad-usd-boosted-by-commodities-and-spending-data/) - The Canadian dollar saw a sudden rally early on Monday 10th August as news of rising commodity prices hit the market. This was in addition to the publication of domestic data, which reported the first annual increase in consumer spending since the onset of the COVID-19 pandemic just under six months ago, adding to hopes - [CAD/USD up by 0.5%, reaches 1.3164 on price charts](https://forextraders.com/forex-news/cad-usd-up-by-0-5-reaches-1-3164-on-price-charts/) - The Bank of Canada (BoC) met the expectations of most traders and strategists on Monday after it announced that it would keep its headline interest rate at 0.25%. The BoC was not expected to make any changes to the level, and the decision did not come as a surprise. However, it did confirm that it - [Brexit deadlock causes pound to tumble](https://forextraders.com/forex-news/brexit-deadlock-causes-pound-to-tumble/) - Ongoing concerns over whether or not it will be feasible for the United Kingdom to negotiate a smooth exit from the European Union caused the pound to dip in value on Monday and into Tuesday. It is understood that there is little appetite in Europe to continuing negotiating with Britain. Irish Prime Minister, Leo Varadkar, - [Boris Johnson’s woes fails to shift pound](https://forextraders.com/forex-news/boris-johnsons-woes-fails-to-shift-pound/) - The British pound managed to cling on to its gains ahead of a crucial vote in the country’s parliament due to take place later tonight. The developments came after Prime Minister Boris Johnson told the House of Commons that if his Brexit legislation did not pass, he would aim to call a general election. Johnson - [Big day for the UK before election results](https://forextraders.com/forex-news/big-day-for-us-and-uk-after-fed-rate-decision-and-before-election/) - The US and the UK were the two countries in the spotlight on Thursday in the global foreign exchange markets. The US dollar was nursing its wounds following a decision from the country’s Federal Reserve to not only avoid cutting interest rates but to announce that they will remain low for the foreseeable future. In - [Big data day ahead, and gains for safe haven currencies](https://forextraders.com/forex-news/big-data-day-ahead-and-gains-for-safe-haven-currencies/) - The US dollar managed to secure some welcome positive performance on Thursday and into Friday – despite a scheduled factory data release later in the day on Friday expected to be closely watched. The currency had not performed well as the decade got underway earlier this week, and it demonstrated problems for six consistent trading - [Bad news for forex traders on both sides of the Channel](https://forextraders.com/forex-news/bad-news-for-forex-traders-on-both-sides-of-the-channel/) - Both the single European currency and the British pound found themselves sliding on Monday and into Tuesday after a series of developments appeared to leave investors worried. The British pound is suffering heavily under the weight of ongoing political issues. Boris Johnson, the country’s Prime Minister, has repeatedly promised that he will take the country - [Australian dollar suffers as meeting minutes released](https://forextraders.com/forex-news/australian-dollar-suffers-as-meeting-minutes-released/) - The Australian dollar was a key loser in the foreign exchange trading markets on Tuesday after the minutes of the most recent central bank meeting were made public. It was revealed that the Reserve Bank of Australia debated whether or not interest rates should be cut in November. According to the record of the meeting, - [Bank of England cuts interest rates in emergency move](https://forextraders.com/forex-news/bank-of-england-cuts-rate-in-emergency-move/) - The focus of the economic impact of the coronavirus shifted to Britain on Wednesday after the country’s central bank slashed interest rates in an emergency move designed to stimulate the economy amid the outbreak’s spread. The announcement, which came early on Wednesday, saw the interest rate reduced from 0.75% to 0.25%. It came on the - [Bank of Japan boosts its stimulus package](https://forextraders.com/forex-news/bank-of-japan-boosts-its-stimulus-package/) - The Japanese central bank announced a boost to its stimulus packages on Monday – a move which led to a rise in the value of the yen. The Bank of Japan said on Monday that it would increase the amount of stimulus it offered to firms in its private sector, including by removing the previous - [Australian dollar on the rise as focus shifts back to pandemic](https://forextraders.com/forex-news/australian-dollar-on-the-rise-as-focus-shifts-back-to-pandemic/) - The risk-focused Australian dollar appeared to surge in the foreign exchange markets as trading got underway in earnest on Monday morning. The development came as the forex markets began to switch their attention almost in full to the recovery process from the coronavirus pandemic. This came despite the fact that tensions between the US and - [Aussie dollar continues to surge as hopes pinned on recovery](https://forextraders.com/forex-news/aussie-dollar-continues-to-surge-as-hopes-pinned-on-recovery/) - The Australian dollar continued to rise in the foreign exchange markets on Monday as traders across the world appeared to pin their hopes on an economic recovery from the coronavirus pandemic. The currency, which is deeply linked to global risk sentiment and especially to perceptions of risk related to China, began to rise as the - [AUD/USD up, risk tentatively coming back after vaccine boost](https://forextraders.com/forex-news/aud-usd-up-risk-tentatively-coming-back-after-vaccine-boost/) - Risk was the name of the game in the foreign exchange markets on Wednesday after it was revealed that a major US firm had made significant progress with a coronavirus-fighting vaccine. Moderna said that it had created a vaccine that, while still in its development stages, managed to achieve certain immunology-related reactions in every tester - [AUD/USD at $0.7191 amid broader greenback sell-off](https://forextraders.com/forex-news/aud-usd-at-0-7191-amid-broader-greenback-sell-off/) - The greenback continued to take the top spot in the foreign exchange market headlines on Monday – though the news for the currency was not looking good. The currency got off to an uncertain start earlier on Monday by rising a little in just some of its pairs as trading kicked off in earnest. However, - [AUD/USD at $0.7226 amid large tech share sale fears](https://forextraders.com/forex-news/aud-usd-at-0-7226-amid-large-tech-share-sale-fears/) - The foreign exchange markets have responded in various ways to the news that the value of stocks in many technology firms has gone down. The stock markets saw technology shares take a tumble, with Apple, for example, seeing a dip of nearly 7% on Tuesday. The incident followed several similar ones from over the last - [Analysts Fall in with Bankers’ Opinion: The US Dollar is Destined to Fail](https://forextraders.com/forex-news/analysts-fall-in-with-bankers-opinion-the-u-s-dollar-is-destined-to-fail/) - The Almighty Dollar continues to surge, but in analyst circles, inclusive of both bankers and investment gurus, the greenback “gets no respect”, as one comic of old was prone to say at times like these. The reasons for the surge are many: monetary policy divergence, rising interest rate differentials in government securities, and rising global - [An early look to next week in forex: what’s on?](https://forextraders.com/forex-news/an-early-look-to-next-week-in-forex-whats-on/) - Now that this foreign exchange trading week begins to wind to a close, it’s worth thinking about what’s on the agenda for next week as well. Monday of next week looks set to be somewhat quiet. New Zealand’s trading volume is expected to go relatively low due to the Labour Day holiday. Elsewhere, there’ll be - [All Eyes on The US as Market Rollercoaster Starts Again - Market Update, 04/11](https://forextraders.com/forex-news/all-eyes-on-the-us-as-market-rollercoaster-starts-again-market-update-04-11/) - European markets open on Wednesday with one thing on their mind, the US presidential election. Prices had already factored in the ‘known, unknown’ that the result might not be confirmed for days or even weeks. Wednesday’s early trading saw risk being taken off trading books as an added element of uncertainty was factored into the - [A new forex trading week begins: what’s ahead?](https://forextraders.com/forex-news/a-new-forex-trading-week-begins-whats-ahead/) - Now that a new foreign exchange trading week is underway, it’s time for an update on what the week is set to hold for traders. Monday, there will be another crucial parliamentary vote in Britain on the topic of Brexit and the potential for a general election. This is due to happen at an as - [A new forex week has landed – what’s happening?](https://forextraders.com/forex-news/a-new-forex-week-has-landed-whats-happening/) - Now that a new foreign exchange trading week is underway, it’s useful to look ahead and assess what’s listed on the economic calendar in the coming days. Monday will follow the pattern of previous weeks by remaining somewhat light on the economic calendar front. The main event of the day is likely to be the - [A new week in forex: what should traders watch for?](https://forextraders.com/forex-news/a-new-week-in-forex-what-should-traders-watch-for/) - Now that a new foreign exchange trading week is here, it’s time for traders to check out what’s on the cards over the course of the coming days. Monday afternoon will be uncharacteristically quiet as the markets get back up and running again. A couple of central banker speeches will take place. At 1:15pm GMT, - [A look ahead: next week in the forex markets](https://forextraders.com/forex-news/a-look-ahead-next-week-in-the-forex-markets/) - With one forex trading week now drawing to a close, it’s worthwhile looking ahead to next week to see what’s on the cards then. Monday morning will kick off with some data releases from Japan. A leading economic index for September will be out at 5am GMT and is expected to show no change from - [A preview of next week in the foreign exchange markets](https://forextraders.com/forex-news/a-preview-of-next-week-in-the-foreign-exchange-markets/) - Now that this foreign exchange trading week is drawing to a close, it’s time to investigate what the next forex trading week might hold. Monday of next week looks set to be a busy day. The first key event will be a securities inflation release from Australia covering November. On a year on year basis, - [A new foreign exchange trading week dawns: what’s happening?](https://forextraders.com/forex-news/a-new-foreign-exchange-trading-week-dawns-whats-happening/) - Trading is now well underway in this new forex week – and for traders, it’s time to check the main events on the economic calendar. This morning (Monday) will kick off with a manufacturing purchasing managers’ index release for November from a Japanese bank. This is due to come out at 12:30am GMT and is - [A new week in forex: what’s on?](https://forextraders.com/forex-news/a-new-week-in-forex-whats-on/) - With another week now getting underway in the forex markets, it’s time to analyse what’s scheduled on the economic calendar. Today (Monday) is likely to be a largely quiet trading day in the afternoon and evening. The only major event will be a speech from Christine Lagarde, the president of the European Central Bank. This - [A look ahead: the week in the forex markets](https://forextraders.com/forex-news/a-look-ahead-the-week-in-the-forex-markets/) - With a new foreign exchange trading week now ready to kick-off, this article will take a look ahead to the events of the next few days. The afternoon is where the hub of the action will be on Monday, with statistics from Markit being released for various economies around the world. Canada’s Markit manufacturing purchasing - [A look ahead to next week in the forex markets](https://forextraders.com/forex-news/a-look-ahead-to-next-week-in-the-forex-markets/) - There’s still plenty to see this week in the forex markets, and it’s only Thursday. It’s also wise to keep an eye on what’s coming up further down the line. On Monday of next week there’ll be a Caixin manufacturing purchasing managers’ index release out of China at 1:45am GMT, covering September. This is expected - [A Different View on the US-China Trade War](https://forextraders.com/forex-news/a-different-view-on-the-us-china-trade-war/) - by Giles Coghlan, Chief Currency Analyst at HYCM When you watch the markets for long enough, you can start to gain a certain detachment from real-life events. It’s not intentionally cold or callous, in many ways markets demand this type of thinking as an essential part of remaining unattached and objective. But you can end - [0.1% boost for USD/EUR amid hopes of recovery fund](https://forextraders.com/forex-news/0-1-boost-for-usd-eur-amid-hopes-of-recovery-fund/) - The single European currency lost out a little against the US dollar on Monday as the first full day of forex trading took place. Spectacular earlier rises for the currency were left behind later in the day as traders cashed in. The currency rose after leaders from across the EU seemed to get close to - [$1.1808 for EUR/USD after election delay risk in US](https://forextraders.com/forex-news/1-1808-for-eur-usd-after-election-delay-risk-in-us/) - The US dollar continued to suffer in the forex markets in the second half of this week after President Donald Trump unleashed a politically charged tirade concerning potential voter fraud. Trump, who is running for re-election in November’s presidential vote, took to social networking website Twitter to raise the possibility of a delay to the - [$1.1806 for EUR/USD after bad data releases come out](https://forextraders.com/forex-news/1-1806-for-eur-usd-after-bad-data-releases-come-out/) - The single European currency looked set to end the week on a bad note this week after it wiped out some of its recent surges. The euro has been one of the main beneficiaries of a slip in the value of the greenback in recent weeks. However, a domestic data release from the bloc showed - ['Risk On' Market Update 12/10/20](https://forextraders.com/forex-news/risk-on-market-update-12-10-20/) - Markets finished last week firmly in a ‘risk-on’ frame of mind. Stocks, commodities and non-USD currencies all moved into bullish territory in terms of technical indicators. The uncertainty which characterised September’s price moves made way for a more positive outlook in a wide range of asset groups. Market Update Stocks – Market News • Asian - [26th Oct Market Analysis – Traders Get Ready For A Busy Week.](https://forextraders.com/forex-news/26th-oct-market-analysis-traders-get-ready-for-a-busy-week/) - A Review of Upcoming News Events and How to Trade Them With markets poised for a break out of some sort, getting an understanding of the week’s news schedule is crucial. The past week saw more range-bound trading. The financial and political calendars are both indicating the coming week could be very different with volatility - [Packed End of Week on the Horizon for Forex Markets](https://forextraders.com/forex-news/packed-end-of-week-on-the-horizon-for-forex-markets/) - The foreign exchange markets were preparing for a busy end to the week on Thursday and Friday. Today (Thursday) is due to see a brief slowdown in two European economies, Germany and Switzerland. This will occur on the Ascension Day holiday. The preliminary Spanish consumer price index for May will be out at 7am GMT. - [‘Take an indiscriminate approach’: lessons from the investment biker](https://forextraders.com/forex-news/take-an-indiscriminate-approach-lessons-from-the-investment-biker/) - In this interview with IG Group, the ‘investment biker’ Jim Rogers discusses the lessons he learned from two years exploring the countries he invests in – including why index investing is best. Legendary investor Jim Rogers retired at 37. Despite earning ‘more money than he know existed in the world’ in the 1970s, - [Merger Fever Has Hit the Streets Again - IronFX and FXDD to Become One](https://forextraders.com/forex-news/merger-fever-has-hit-the-streets-again-ironfx-and-fxdd-to-become-one-80362/) - Merger headlines are abuzz that IronFX and FXDirectDealer (FXDD) are to be combined via a fairly complicated reverse takeover transaction. Neither of these entities currently has operations in the United States, but the global footprints of each company will, by their very nature, require a host of regulatory approvals from a number of disparate jurisdictions. - [Outlook for 2011 and Highlights From Last Year](https://forextraders.com/forex-news/outlook-for-2011-and-highlights-from-last-year/) - 2010 had a mixed tally. Risk markets performed well in general, but much of it was due to the past, present, and future effects of actual and anticipated easing, rather than a concrete set of data that can be said to show a fundamental improvement in the shaken financial system. 2011 will probably continue on ## Forex Charts - [AED/INR Forecast and Live Chart](https://forextraders.com/forex-charts/aedinr/) - The U.A.E Dirham/Indian Rupee currency pair (also referred to as AEDINR and AED/INR) is an exotic currency pair. In this article, we will examine how AEDINR is performing. Article Sections: Live Chart (Tradingview widget) Key Stats: List key data points for the currency pair 52 week high: 23.9247 52 week low: 22.7234 YTD % change: - [SGDMYR Forecast and Live Chart](https://forextraders.com/forex-charts/sgdmyr/) - The Singapore Dollar/Malaysian Ringgit currency pair (also referred to as SGDMYR and SGD/MYR) is an exotic currency pair. In this article, we will examine how SGDMYR is performing. SGDMYR Key Stats 2025 high: 3.3669 2025 low: 3.2409 2025 % change: +0.89% SGDMYR Forecast Due to the economy’s stability and the safe haven status that the - [USDZAR Forecast and Live Chart](https://forextraders.com/forex-charts/usdzar/) - The U.S. Dollar/South African Rand currency pair, also known as USDZAR and USD/ZAR, is one of the most traded in the world. Due to various social, political and economic factors it is also one of the most volatile. In this article we take a look at how this pair is performing. USD/ZAR Key Stats 52 - [NZDUSD Forex Chart](https://forextraders.com/forex-charts/nzdusd/) - Live and Historical NZD/USD Rates This chart shows the value of the New Zealand dollar (NZD) against the value of the United States dollar (USD) - that is how many USD can purchase one NZD. USD is a major currency while NZD is not. Though together NZD/USD do not make a major pair, they do - [USDCAD Forex Chart](https://forextraders.com/forex-charts/usdcad/) - The United States Dollar/Canadian Dollar currency pair (also referred to as USDCAD and USD/CAD) is one of the most popular traded currencies. In this article, we will examine how USDCAD is performing. USDCAD Key Stats 2021 high: 1.2963 2021 low: 1.2006 YTD high: 1.3223 YTD low: 1.2402 YTD % change: 4.45% USDCAD Forecast The current - [AUDUSD Forecast and Live Chart](https://forextraders.com/forex-charts/audusd/) - The Australian Dollar/United States Dollar currency pair (also referred to as AUDUSD and AUD/USD) is one of the most actively traded in the world. In this article, we will examine how AUDUSD is performing. AUDUSD Key Stats 2021 high: 0.8007 2021 low: 0.6993 YTD high: 0.7661 YTD low: 0.6681 YTD % change: -3.65% AUDUSD Forecast - [USDCHF Forecast and Live Chart](https://forextraders.com/forex-charts/usdchf/) - The United States Dollar/Swiss Franc currency pair (also referred to as USDCHF and USD/CHF) is one of the most actively traded in the world. In this article, we will examine how USDCHF is performing. USDCHF Key Stats 2021 high: 0.9472 2021 low: 0.8757 YTD high: 1.0064 YTD low: 0.9091 YTD % change: +5.57% USDCHF Forecast - [GBPUSD Forecast and Live Chart](https://forextraders.com/forex-charts/gbpusd/) - The Great British Pound/United States Dollar currency pair (also referred to as GBPUSD and GBP/USD) is one of the most actively traded major pairs in the world. In this article, we will examine how GBPUSD is performing. Key Stats 2021 high: 1.4250 2021 low: 1.3160 YTD high: 1.3749 YTD low: 1.1760 YTD % change: -10.83% - [USDJPY Forecast and Live Chart](https://forextraders.com/forex-charts/usdjpy/) - The United States Dollar/Japanese Yen currency pair (also referred to as USDJPY and USD/JPY) is one of the most popular traded currencies. In this article, we will examine how USDJPY is performing. USDJPY Key Stats 2021 high: 115.52 2021 low: 102.59 YTD high: 145.90 YTD low: 113.47 YTD % change: +24.22% USDJPY Forecast Given the - [EURUSD Forecast and Live Chart](https://forextraders.com/forex-charts/eurusd/) - The Euro/US Dollar currency pair (also referred to as EURUSD and EUR/USD) is the most actively traded pair in the world. In this article, we will examine how EURUSD is performing. EURUSD Key Stats 2021 high: 1.2349 2021 low: 1.1186 YTD high: 1.1494 YTD low: 0.9952 YTD % change: -11.97% EURUSD Forecast The euro has - [GBPJPY Forecast and Live Chart](https://forextraders.com/forex-charts/gbpjpy/) - The Great British Pound/Japanese Yen currency pair (also referred to as GBPJPY and GBP/JPY) is one of the most actively traded in the world. In this article, we will examine how GBPJPY is performing. GBPJPY Key Stats 2023 high: 188.657 2023 low: 155.345 2023 % change: +15.18% Introduction to the GBPJPY Currency Pair GBPJPY - [SGDTHB Forecast and Live Chart](https://forextraders.com/forex-charts/sgdthb/) - The Singapore Dollar/Thai Baht currency pair (also referred to as SGDTHB and SGD/THB) is an exotic currency pair. In this article, we will examine how SGDTHB is performing. SGDTHB Key Stats 2021 high: 25.042 2021 low: 22.462 2022 high: 26.974 2022 low: 26.868 2022 % change: 13.69% SGDTHB Forecast The safe haven of the Singaporean - [SGDPHP Forecast and Live Chart](https://forextraders.com/forex-charts/sgdphp/) - The Singapore Dollar/Philippine Peso currency pair (also referred to as SGDPHP and SGD/PHP) is an exotic currency pair. In this article, we will examine how SGDPHP is performing. SGDPHP Key Stats 2021 high: 38.041 2021 low: 35.690 2022 high: 41.984 2022 low: 37.476 2022 % change: 9.8% SGDPHP Forecast The Singaporean dollar is a currency - [AUDNZD Forecast and Live Chart](https://forextraders.com/forex-charts/audnzd/) - The Australian Dollar/New Zealand Dollar currency pair (also referred to as AUDNZD and AUD/NZD) is considered a minor pair. In this article, we will examine how AUDNZD is performing. AUDNZD Key Stats 2021 high: 1.0947 2021 low: 1.0279 YTD high: 1.1179 YTD low: 1.0574 YTD % change: +3.94% AUDNZD Forecast The AUDNZD hit highs not - [CADJPY Forecast and Live Chart](https://forextraders.com/forex-charts/cadjpy/) - The Canadian Dollar/Japanese Yen currency pair (also referred to as CADJPY and CAD/JPY) is one of the most actively traded minor pairs in the world. In this article, we will examine how CADJPY is performing. CADJPY Key Stats 2021 high: 93.02 2021 low: 80.55 YTD high: 107.21 YTD low: 89.23 YTD % change: +16.83 CADJPY - [NZD/SGD Forecast and Live Chart](https://forextraders.com/forex-charts/nzdsgd/) - The New Zealand Dollar/Singapore Dollar currency pair (also referred to as NZDSGD and NZD/SGD) is an exotic currency pair. In this article, we will examine how NZDSGD is performing. NZDSGD Key Stats 2021 high: 0.9832 2021 low: 0.9165 YTD high: 0.9533 YTD low: 0.7919 YTD % change: -6.12% NZDSGD Forecast The Singapore dollar is considered - [USDNOK Forecast and Live Chart](https://forextraders.com/forex-charts/usdnok/) - The United States Dollar/Norwegian Krone currency pair (also referred to as USDNOK and USD/NOK) is not one of the most actively traded currency pairs. Still, given the USD’s importance and the strength of the Danish economy, it is one to watch. In this article, we will examine how USDNOK is performing. USDNOK Key Stats 2021 - [NZDCAD Forecast and Live Chart](https://forextraders.com/forex-charts/nzdcad/) - The New Zealand Dollar/Canadian Dollar currency pair (also referred to as NZDCAD and NZD/CAD) is a major currency pair. In this article, we will examine how NZDCAD is performing. NZDCAD Key Stats 2021 high: 0.9329 2021 low: 0.8548 YTD high: 0.8808 YTD low: 0.7624 YTD % change: -3.13% NZDCAD Forecast The NZDCAD has declined for - [EURTRY Forecast and Live Chart](https://forextraders.com/forex-charts/eurtry/) - The Euro/Turkish Lira currency pair (also referred to as EURTRY and EUR/TRY) is an exotic currency pair. In this article, we will examine how EURTRY is performing. EURTRY Key Stats 2021 high: 20.6024 2021 low: 8.3615 YTD high: 19.5568 YTD low: 14.4954 YTD % change: 28.87% EURTRY Forecast While technically, the EURTRY chart looks stretched, - [AUD/SGD Forecast and Live Chart](https://forextraders.com/forex-charts/audsgd/) - The Australian Dollar/Singapore Dollar currency pair (also referred to as AUDSGD and AUD/SGD) is an exotic currency pair. In this article, we will examine how AUDSGD is performing. Key Stats: 2021 high: 1.0545 2021 low: 0.9588 YTD high: 1.0382 YTD low: 0.8836 YTD % change: -8.45% Another factor is the Singapore dollar’s emergence as a - [SGD/JPY Forecast and Live Chart](https://forextraders.com/forex-charts/sgdjpy/) - The Singapore Dollar/Japanese Yen currency pair (also referred to as SGDJPY and SGD/JPY) is an exotic currency pair. In this article, we will examine how SGDJPY is performing. SGDJPY Key Stats 2021 high: 85.45 2021 low: 77.79 YTD high: 106.29 YTD low: 84.19 YTD % change: +22.28% SGDJPY Forecast The SGDJPY has been on a - [EUR/SGD Forecast and Live Chart](https://forextraders.com/forex-charts/eursgd/) - The Euro/Singapore Dollar currency pair (also referred to as EURSGD and EUR/SGD) is an exotic currency pair. In this article, we will examine how EURSGD is performing. EURSGD Key Stats 2021 high: 1.6299 2021 low: 1.5262 YTD high: 1.5443 YTD low: 1.3720 YTD % change: -7.2% EURSGD Forecast The Singapore dollar has been on a - [EUR/NOK Forecast and Live Chart](https://forextraders.com/forex-charts/eurnok/) - The Euro/Norwegian Krone currency pair (also referred to as EURNOK and EUR/NOK) is an exotic currency pair. In this article, we will examine how EURNOK is performing. EURNOK Key Stats 2021 high: 10.7043 2021 low: 9.8996 YTD high: 10.6816 YTD low: 9.4334 YTD % change: +2.56% EURNOK Forecast In recent weeks, the EURNOK has pulled - [AUDJPY Forecast and Live Chart](https://forextraders.com/forex-charts/audjpy/) - The Australian Dollar/Japanese Yen currency pair (also referred to as AUDJPY and AUD/JPY) is a frequently traded forex pair. In this article, we will examine how AUDJPY is performing. AUDJPY Key Stats 2021 high: 86.25 2021 low: 77.89 YTD high: 96.88 YTD low: 87.90 YTD % change: +10.95% AUDJPY Forecast Summary The AUD/JPY had a - [EUR/NZD Forecast and Live Chart](https://forextraders.com/forex-charts/eurnzd/) - The Euro/New Zealand Dollar currency pair (also referred to as EURNZD and EUR/NZD) is a minor currency pair. In this article, we will examine how EURNZD is performing. EURNZD Key Stats 2021 high: 1.7163 2021 low: 1.6063 YTD high: 1.7548 YTD low: 1.5593 YTD % change: 4.31% EURNZD Forecast The EURNZD isn’t a pair on - [GBPCAD Forecast and Live Chart](https://forextraders.com/forex-charts/gbpcad/) - The Great British Pound/Canadian Dollar currency pair (also referred to as GBPCAD and GBP/CAD) is one of the most actively traded in the world. In this article we will examine how GBPCAD is performing. GBP/CAD Key Stats 2021 high: 1.7886 2021 low: 1.6638 YTD high: 1.7377 YTD low: 1.5681 YTD % change: -7.9% GBPCAD Forecast - [GBPAUD Forecast and Live Chart](https://forextraders.com/forex-charts/gbpaud/) - The Great British Pound/Australian Dollar currency pair, also known as GBPAUD and GBP/AUD, is another very popular pair among forex traders. These two currencies are among the most traded in the world. Lets take a look at how they are performing. GBP/AUD Key Stats 2021 high: 1.9154 2021 low: 1.7415 YTD high: 1.9221 YTD low: - [GBP/NZD Forecast and Live Chart](https://forextraders.com/forex-charts/gbpnzd/) - The Great British Pound/New Zealand Dollar currency pair (also referred to as GBPNZD and GBP/NZD) is considered a minor pair. In this article, we will examine how GBPNZD is performing. GBPNZD Key Stats 2021 high: 2.0074 2021 low: 1.8627 YTD high: 2.0535 YTD low: 1.8711 YTD % change: -1.61% GBPNZD Forecast Over the last few - [GBP/CHF Forecast and Live Chart](https://forextraders.com/forex-charts/gbpchf/) - The Great British Pound/Swiss Franc currency pair (also referred to as GBPCHF and GBP/CHF) is one of the most actively traded in the world. In this article, we will examine how GBPCHF is performing. GBPCHF Key Stats 2021 high: 1.3073 2021 low: 1.2102 YTD high: 1.2609 YTD low: 1.1538 YTD % change: -6.14% GBPCHF Forecast - [EURGBP Forecast and Live Chart](https://forextraders.com/forex-charts/eurgbp/) - The Great British Pound/Euro currency pair (also referred to as EURGBP and EUR/GBP) is one of the most actively traded minor currency pairs in the world. In this article, we will examine how EURGBP is performing. EURGBP Key Stats 2021 high: 0.90585 2021 low: 0.8367 YTD high: 0.8618 YTD low: 0.8205 YTD % change: +1.88% - [EURSEK Forecast and Live Chart](https://forextraders.com/forex-charts/eursek/) - The Euro/Swedish Krona currency pair (also referred to as EURSEK and EUR/SEK) is considered an exotic pair. In this article, we will examine how EURSEK is performing. EURSEK Key Stats 2021 high: 10.3687 2021 low: 9.8636 YTD high: 11.0645 YTD low: 10.2112 YTD % change: +6.8% EURSEK Forecast The EURSEK has been steadily rising since - [CADCHF Forecast and Live Chart](https://forextraders.com/forex-charts/cadchf/) - The Canadian Dollar/Swiss Franc currency pair (also referred to as CADCHF and CAD/CHF) is a popular currency pair amongst forex traders. In this article, we will examine how CADCHF is performing. CADCHF Key Stats 2021 high: 0.7528 2021 low: 0.6886 YTD high: 0.7812 YTD low: 0.7112 YTD % change: +0.29% CADCHF Forecast Despite a rise - [USDHUF Forecast and Live Chart](https://forextraders.com/forex-charts/usdhuf/) - The US Dollar/Hungarian Forint currency pair (also referred to as USDHUF and USD/HUF) is considered an exotic currency pair. In this article, we will examine how USDHUF is performing. USDHUF Key Stats 2021 high: 333.455 2021 low: 282.766 YTD high: 437.430 YTD low: 306.940 YTD % change: +31.92% USDHUF Forecast There is only one direction - [EURPLN Forecast and Live Chart](https://forextraders.com/forex-charts/eurpln/) - The Euro/Polish Zloty currency pair (also referred to as EURPLN and EUR/PLN) is considered an exotic currency pair. In this article, we will examine how EURPLN is performing. EURPLN Key Stats 2021 high: 4.7429 2021 low: 4.4321 YTD high: 5.0031 YTD low: 4.4824 YTD % change: +5.28% EURPLN Forecast The EURPLN has been steadily climbing - [EURHUF Forecast and Live Chart](https://forextraders.com/forex-charts/eurhuf/) - The Euro/Hungarian Forint currency pair (also referred to as EURHUF and EUR/HUF) is considered an exotic currency pair. In this article, we will examine how EURHUF is performing. EURHUF Key Stats 2021 high: 371.980 2021 low: 345.130 YTD high: 416.856 YTD low: 345.947 YTD % change: 9.31% EURHUF Forecast The EURHUF has risen for most - [USDSEK Forecast and Live Chart](https://forextraders.com/forex-charts/usdsek/) - The United States Dollar/Swedish Krona currency pair (also referred to as USDSEK and USD/SEK) is considered an exotic pair. In this article, we will examine how USDSEK is performing. USDSEK Key Stats 2021 high: 9.1828 2021 low: 8.1242 YTD high: 10.7626 YTD low: 8.8971 YTD % change: 17.16% USDSEK Forecast The USDSEK has surged significantly - [USD/MXN Forecast and Live Chart](https://forextraders.com/forex-charts/usdmxn/) - The United States Dollar/Mexican Peso currency pair (also referred to as USDMXN and USD/MXN) is considered an exotic pair. In this article, we will examine how USDMXN is performing. USDMXN Key Stats 2021 high: 22.15 2021 low: 19.54 YTD high: 21.46 YTD low: 19.41 YTD % change: -1.90% USDMXN Forecast With the lack of movement - [BTCUSD Forecast and Live Chart](https://forextraders.com/forex-charts/btcusd/) - The Bitcoin/United States Dollar pair is also referred to as BTCUSD and BTC/USD. BTCUSD is the most actively traded cryptocurrency in the world, with Bitcoin the pioneer in the cryptocurrency world. In this article, we will examine how BTCUSD is performing. BTCUSD Key Stats 2021 high: $69,000 2021 low: $27,678 YTD high: $48,240 YTD low: - [EURJPY Forecast and Live Chart](https://forextraders.com/forex-charts/eurjpy/) - The euro /Japanese yen currency pair (commonly referred to as EURJPY, or EUR/JPY) is one of the most liquid pairs that doesn't include the US dollar as the euro and the yen are commonly held reserve currencies. In this article we will take a look at how this pair is performing in the current markets - [EURCHF Forecast and Live Chart](https://forextraders.com/forex-charts/eurchf/) - The Euro/Swiss Franc currency pair (also referred to as EURCHF and EUR/CHF) is one of the most actively traded minor pairs in the world. In this article, we will examine how EURCHF is performing. EURCHF Key Stats 2021 high: 1.1151 2021 low: 1.0326 YTD high: 1.0611 YTD low: 0.9971 YTD % change: -2.39% EURCHF Forecast - [EURCAD Forecast and Live Chart](https://forextraders.com/forex-charts/eurcad/) - The Euro/Canadian Dollar currency pair (also referred to as EURCAD and EUR/CAD) is one of the most actively minor pairs traded in the world. In this article, we will examine how EURCAD is performing EURCAD Key Stats 2021 high: 1.5680 2021 low: 1.4164 YTD high: 1.4634 YTD low: 1.3389 YTD % change: -6.07% EURCAD Forecast. - [EURAUD Forecast and Live Chart](https://forextraders.com/forex-charts/euraud/) - The Euro/Australian Dollar currency pair (also referred to as EURAUD and EUR/AUD) is one of the most actively minor currency pairs traded in the world. In this article, we will examine how EURAUD is performing. EURAUD Key Stats 2021 high: 158.21 2021 low: 139.68 YTD high: 168.43 YTD low: 150.97 YTD % change: +6.53% EURAUD - [AUDINR Forecast and Live Chart](https://forextraders.com/forex-charts/audinr/) - The Australian Dollar/Indian Rupee currency pair (also referred to as AUDINR and AUD/INR) is an exotic currency pair. In this article, we will examine how AUDINR is performing. AUDINR Key Stats 2021 high: 58.6090 2021 low: 52.6240 YTD high: 57.6248 YTD low: 52.3110 YTD % change: +0.70% AUDINR Forecast Summary Given the current geopolitical and - [AUDCHF Forecast and Live Chart](https://forextraders.com/forex-charts/audchf/) - The Australian Dollar/Swiss Franc currency pair (also referred to as AUDCHF and AUD/CHF) is a frequently traded forex pair. In this article, we will examine how AUDCHF is performing. AUDCHF Key Stats 2021 high: 0.7259 2021 low: 0.6411 YTD high: 0.7094 YTD low: 0.6509 YTD % change: +1% AUDCHF Forecast Summary Wile the AUDCHF has - [AUDCAD Forecast and Live Chart](https://forextraders.com/forex-charts/audcad/) - The Australian Dollar/Canadian Dollar currency pair (also referred to as AUDCAD and AUD/CAD) is a very interesting minor pair, given these currency’s correlation with gold and oil respectively. In this article, we will examine how AUDCAD is performing AUDCAD Key Stats 2021 high: 0.9993 2021 low: 0.8971 YTD high: 0.9515 YTD low: 0.8883 YTD % - [USD/PLN Forecast and Live Chart](https://forextraders.com/forex-charts/usdpln/) - The United States Dollar/Poland Zloty currency pair (also referred to as USDPLN and USD/PLN) represents the currencies of the USA and Poland. In this article, we will examine how USDPLN is performing. USDPN Key Stats 2021 high: 4.2272 2021 low: 3.6399 YTD high: 4.8513 YTD low: 3.9128 YTD % change: +15.61% USDPLN Forecast Due to - [GBPSGD Forecast and Live Chart](https://forextraders.com/forex-charts/gbpsgd/) - The Great British Pound/Singapore Dollar currency pair (also referred to as GBPSGD and GBP/SGD) is represents the currencies of the United Kingdom and Singapore. In this article, we will examine how GBPSGD is performing. GBPSGD Key Stats 2021 high: 1.8930 2021 low: 1.7960 YTD high: 1.8500 YTD low: 1.6528 YTD % change: -8.96% GBPSGD Forecast - [USD/SGD Forecast and Live Chart](https://forextraders.com/forex-charts/usdsgd/) - The United States Dollar/Singapore Dollar currency pair (also referred to as USDSGD and USD/SGD) is not one of the most actively traded currency pairs. Still, given the USD’s importance and Singapore’s growing economy, it is one to watch. In this article, we will examine how USDSGD is performing. USDSGD Key Stats 2021 high: 1.3749 2021 - [GBPINR Forecast and Live Chart](https://forextraders.com/forex-charts/gbp-inr/) - The Great British Pound/Indian Rupee pair - also known as GBPINR and GBP/INR - is one of the most popular exotic currency pairs. In recent years the pound has been gaining strength against the rupee but has fallen back recently. Lets look at how this pair is currently performing. GBP/INR Key Stats 2021 high: 105.2956 - [CADINR Forecast and Live Chart](https://forextraders.com/forex-charts/cadinr/) - The Canadian Dollar/Indian Rupee currency pair (also referred to as CADINR and CAD/INR) is an exotic currency pair. In this article, we will examine how CADINR is performing. CADINR Key Stats 2021 high: 60.97 2021 low: 57.20 YTD high: 62.17 YTD low: 58.12 YTD % change: +4.85% CADINR Forecast Given the macroeconomic environment, the CADINR - [USDPHP Forecast and Live Chart](https://forextraders.com/forex-charts/usdphp/) - The US Dollar/Philippine Peso currency pair (also referred to as USDPHP and USD/PHP) is a pair that is not frequently traded. However, there has been a significant move recently. In this article, we will examine how USDPHP is performing. USDPHP Key Stats 2021 high: 51.32 2021 low: 47.55 YTD high: 53.46 YTD low: 50.90 YTD - [USDTRY Forecast and Live Chart](https://forextraders.com/forex-charts/usdtry/) - The US Dollar/Turkish Lira currency pair (also referred to as USDTRY and USD/TRY) is one of the most intriguing exotic currency pairs. In this article, we will examine how USDTRY is performing. USDTRY Key Stats 2021 high: 18.2582 2021 low: 6.8923 YTD high: 17.2965 YTD low: 12.7523 YTD % change: +28.12% USDTRY Forecast If you - [USDDKK Forex Chart](https://forextraders.com/forex-charts/usddkk/) - Live and Historical USD/DKK Rates This chart represents the value of the United States dollar (USD) against the value of the Danish krone (DKK) - that is how many Danish krones can purchase one United States dollar. USD is a major currency and DKK is not. USD/DKK does not form a major pair or a - [NZDJPY Forex Chart](https://forextraders.com/forex-charts/nzdjpy/) - Live and Historical NZD/JPY Rates The above chart shows the value of the New Zealand dollar (NZD) against the Japanese yen (JPY) - that is how many yen will purchase one New Zealand dollar. The Japanese yen is a major currency while the New Zealand dollar is not. NZD/JPY does not form a major pair - [NZDCHF Forex Chart](https://forextraders.com/forex-charts/nzdchf/) - Live and Historical NZD/CHF Rates This chart shows the value of the New Zealand dollar (NZD) against the value of the Swiss franc (CHF) - that is how many CHF will purchase one New Zealand dollar. The Swiss franc is a major currency, but the New Zealand dollar is not. 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[ALB](https://forextraders.com/broker/alb/) - [ETX Capital](https://forextraders.com/broker/etx-capital/) - [Markets.com](https://forextraders.com/broker/markets-com/) - [JustForex](https://forextraders.com/broker/justforex/) - [Stratton Markets](https://forextraders.com/broker/stratton-markets/) - [EverFX](https://forextraders.com/broker/everfx/) - [Trade.com](https://forextraders.com/broker/trade-com/) - [MultiBank Group](https://forextraders.com/broker/multibank-exchange-group/) - [TradeFred](https://forextraders.com/broker/tradefred/) - [Formax](https://forextraders.com/broker/formax/) - [NetoTrade](https://forextraders.com/broker/netotrade/) - [Binary.com](https://forextraders.com/broker/binary-com/) - [NordFX](https://forextraders.com/broker/nordfx/) - [London Capital Group](https://forextraders.com/broker/london-capital-group/) - [ForTrade](https://forextraders.com/broker/fortrade/) - [Libertex](https://forextraders.com/broker/libertex/) - [Swiss Markets](https://forextraders.com/broker/swiss-markets/) - [FXGiants](https://forextraders.com/broker/fxgiants/) - [ThinkMarkets](https://forextraders.com/broker/thinkmarkets/) - [Z.com Trade](https://forextraders.com/broker/z-com-trade/) - [NSFX](https://forextraders.com/broker/nsfx/) - [STO](https://forextraders.com/broker/sto/) - [TrioMarkets](https://forextraders.com/broker/triomarkets/) - [USGFX](https://forextraders.com/broker/usgfx/) - [ForexMart](https://forextraders.com/broker/forexmart/) - [Nadex](https://forextraders.com/broker/nadex/) - [Tradeo](https://forextraders.com/broker/tradeo/) - [Harborx](https://forextraders.com/broker/harborx/) - [UFX](https://forextraders.com/broker/ufx/) - [AnyOption](https://forextraders.com/broker/anyoption/) - [XTrade](https://forextraders.com/broker/xtrade/) - [OptionBit](https://forextraders.com/broker/optionbit/) - [99Binary](https://forextraders.com/broker/99binary/) - [Skyline Markets](https://forextraders.com/broker/skyline-markets/) - [OX Markets](https://forextraders.com/broker/ox-markets/) - [OptionRally](https://forextraders.com/broker/optionrally/) - [OptionFair](https://forextraders.com/broker/optionfair/) - [OptionWeb](https://forextraders.com/broker/optionweb/) - [iForex](https://forextraders.com/broker/iforex/) - [Banc De Binary](https://forextraders.com/broker/banc-de-binary/) - [uTrader](https://forextraders.com/broker/utrader/) - [BinaryTilt](https://forextraders.com/broker/binarytilt/) - [Porter Finance](https://forextraders.com/broker/porter-finance/) - [Trade24](https://forextraders.com/broker/trade24/) - [CTOption](https://forextraders.com/broker/ctoption/) - [RBOptions](https://forextraders.com/broker/rboptions/) - [uBinary](https://forextraders.com/broker/ubinary/) - [EmpireOption](https://forextraders.com/broker/empireoption/) ## Toplist Item's Reviews - [TabTrade](https://forextraders.com/forex-brokers/tabtrade-review/) - Raw Spreads, Institutional Infrastructure and Everything a Forex Trader Needs TabTrade is a multi-asset trading broker with a sharp focus on what forex traders actually care about: tight spreads, fast execution, professional-grade infrastructure, and a pricing model that doesn't penalise traders for being active. With raw spreads from 0.0 pips on the Edge Account, low-latency - [XM Group](https://forextraders.com/forex-brokers/xm/) - Forex Trader's Viewpoint The XM experience is very much about trading and trade execution. The market-leading platforms on offer are the most popular retail trading platforms in the world. They combine user-friendly functionality, with powerful software tools. Even more impressive are the razor-thin spreads that XM offers its clients. XM Group backs this up by - [Axwel Review 2026](https://forextraders.com/cfd/axwel-review-2026/) - Forex Trader's Viewpoint Axwel is a CFD broker built around a single idea: keeping things simple for newer traders. Rather than offering the dense, multi-window feel of a traditional terminal, it leans on two clean environments, a browser-based WebTrader and a mobile app, both designed for clarity and ease of use. Charting is powered by - [BXB Market Review](https://forextraders.com/cfd/bxb-market-review/) - Forex Trader's Viewpoint BXB Market positions itself around a single idea: keep CFD trading simple and clear. The broker has stripped its offering back to a browser-based WebTrader and a companion mobile app, with no downloadable terminal and no third-party platform to configure. For traders who find the traditional MetaTrader environment cluttered, this pared-down approach - [ActivTrades](https://forextraders.com/forex-brokers/activtrades/) - Forex Trader's Viewpoint ActivTrades is a long-standing forex, CFD and spread betting broker that has built its reputation on fast execution, strong client fund protection and a flexible choice of trading platforms. Founded in 2001 and headquartered in London, it has spent more than two decades developing a service aimed at retail and professional traders - [TradeEU Global](https://forextraders.com/forex-brokers/tradeeu-global/) - Forex Trader's Viewpoint The TradeEU Global proposition is built around a single, clean trading environment paired with a tiered account model. The broker has stepped away from the standard MetaTrader stack and instead offers its own WebTrader, with charting powered by TradingView, plus a dedicated mobile app for iOS and Android. Traders who appreciate the - [Switch Markets](https://forextraders.com/forex-brokers/switch-markets/) - Forex Traders In-depth Switch Markets review for 2026. Sub-millisecond execution, raw ECN spreads, free VPS, 1,000+ CFDs, MT4/MT5 and seven account types compared. - [CIF Markets](https://forextraders.com/forex-brokers/cif-markets/) - Forex Trader's Viewpoint CIF Markets positions itself as a modern CFD broker built around clarity, transparency and a structured approach to trading. The platform caters to traders who want to learn the markets in a measured way, while still offering the depth required by more experienced participants. Its proprietary web trading interface and complementary mobile - [eToro](https://forextraders.com/forex-brokers/etoro/) - Forex Traders' Viewpoint Since it was founded in 2007, has grown to become the world’s leading social trading network with over 17m registered users in over 140 countries.The company is the pre-eminent broker in the area of Social and Copy Trading but allows clients to also trade their own ideas and self-trade. One neat feature - [(OctaFX) Octa](https://forextraders.com/forex-brokers/octafx/) - FX Traders' Viewpoint Having rebranded from OctaFX to Octa in September 2023, it seems it was felt time to bring the brand image in line with the wider range of products on offer. No longer 'just' a forex broker, Octa is offering a range of instruments. The Octa trading platform, was founded in 2011, and - [Moneta Markets](https://forextraders.com/forex-brokers/moneta-markets/) - Forex TRADERS’ VIEWPOINT Moneta Markets is a new entrant into the CFD broker space but has a back story that suggests it will become a significant player. Moneta Markets offers 1000+ of the most liquid Currencies, Indices, Commodities, Share CFDs, ETFs and more. The broker offers two types of accounts. One uses ECN protocols, and - [Plus500](https://forextraders.com/forex-brokers/plus500/) - * 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money Forex Traders' Viewpoint Plus500's operational structure marks it out as a broker that should be trustworthy. It holds client funds in segregated accounts and is - [Admiral Markets](https://forextraders.com/forex-brokers/admiral-markets/) - Trader’s Viewpoint Admiral Markets offers a range of trading services ideal for both beginners and experienced traders. The choice of three state-of-the-art platforms, including the popular MetaTrader MT4 and MT5, along with the in-house developed platform, provides a robust trading experience. The Supreme Edition of the MT4 dashboard and other MT add-ons give Admiral Markets - [ForexTime](https://forextraders.com/forex-brokers/forextime/) - ForexTime (FXTM) is an award-winning platform that certainly has the feeling of being set up by people who know what they are doing. The firm demonstrates an understanding of what helps traders make better returns, and its success can be measured by the fact that it's doubled the number of clients it supports in recent years. The fact that the broker has grown to have more than two million accounts suggests it is getting things right for clients. - [VT Markets](https://forextraders.com/forex-brokers/vt-markets/) - Forex Trader's Viewpoint VT Markets is a forex and CFDs broker operating internationally in over 120 countries. The broker offers 40+ forex pairs and over 100 CFDs on stock, commodities, and market indices. This broker product offering is limited when compared to what most competitors offer. Even so, users can access the majority of popular - [BlackBull Markets](https://forextraders.com//blackbull-markets/) - BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. - [AvaTrade](https://forextraders.com/forex-brokers/avatrade/) - Forex Traders' Viewpoint AvaTrade is a high-quality one-stop-shop broker. It's possible to trade a wide variety of markets using several market-leading trading platforms, and the functionality is geared towards beginners and experienced traders. It has many reassuring features designed to give clients confidence in terms of the security of funds. There are bricks-and-mortar offices - [Trade360](https://forextraders.com/forex-brokers/trade-360-broker-review/) - Trade 360 Pros Trade 360 Cons Innovative CrowdTrading function A limited number of markets Real-time analysis and research designed to support trading decisions Cryptocurrency trading is not supported Well regulated Pushy sales team Traders’ Viewpoint Trade 360 do things differently and in a good way. The CrowdTrading function is a stand out item. - [HF Markets](https://forextraders.com/forex-brokers/hf-markets/) - Trader's viewpoint The first part of any HF Markets review should start by considering the trading experience. The broker offers clients the tried and tested MetaTrader MT4 and MT5 platforms, but the range of additional research and trading services immediately catches the eye. MT4 and MT5 are robust and effective platforms used by millions of - [Oanda](https://forextraders.com/forex-brokers/oanda/) - Trader's Viewpoint OANDA has developed an impressive niche in the broker sector. It offers a high-quality service that provides excellent trading conditions and an array of additional resources to give your trading a cutting edge. The number of instruments available to trade isn't as extensive as it could be, but all the major asset groups - [Exness](https://forextraders.com/forex-brokers/exness/) - Forex Traders’ Viewpoint Exness offers a wide array of features, low spreads, access to unlimited leverage (in some cases), and free VPS hosting. Aside from this, it also boasts a decent amount of educational tools to help beginner traders get started. This educational content may be very helpful to those looking to learn the basics - [FxPro](https://forextraders.com/forex-brokers/fxpro/) - FXPro Pros FXPro Cons Trading infrastructure provides excellent market access Protracted onboarding process with Demo accounts Regulatory and operational risk management Initial Live Chat interaction is with a bot Great trading tools A choice of four market leading trading platforms Traders' Viewpoint FXPro UK Limited has been authorised and regulated by the FCA since - [tixee](https://forextraders.com/forex-brokers/tixee/) - Pros & Cons tixee Pros tixee Cons Choice of 220+ CFD assets Regional restrictions 6+ platforms Customer support is not available on weekends Licensed and regulated No mobile app on iOS yet About tixee Licensed by multiple regulators, tixee provides traders with a bespoke range of trading instruments. These instruments include CFDs on forex, stocks, - [City Index](https://forextraders.com/forex-brokers/city-index/) - CityIndex Pros CityIndex Cons High-quality risk management and trade execution tools No in-house social or copy trading Choice of two top of the range trading platforms Customer support Chat Bot can be frustrating Free tools for those setting up systematic models Research tools Best in class mobile trading Traders' Viewpoint City Index is a spread - [StormGain](https://forextraders.com/forex-brokers/stormgain/) - Pros Cons Easy to use No order book Leverage of up to 150 Does not support the exchange of cryptos into fiat Low trading and exchange fees No regulation Multiple deposit methods Trader's Viewpoint of StormGain StormGain’s rapid growth and easy-to-use functionality have resulted in this relative newcomer to already be considered in the same - [CM Trading](https://forextraders.com/forex-brokers/cm-trading/) - Cons: $100 minimum account opening balance Limited number of markets Traders’ Viewpoint At first glance, it might be strange to consider a broker that is 10 years old and has one million clients, to be a newcomer to the sector. On the other hand, the name CMTrading might be one that some traders haven’t heard - [FXCentrum](https://forextraders.com/forex-brokers/fxcentrum/) - FXCentrum brings a new approach to trading the markets. Right from the off, the site stands out for its streamlined design and crisp aesthetics. Registering for a demo account was very straightforward. It took less than one minute to set up an account with 100,000 virtual dollars with which to test the trading platform’s capabilities. - [Infinox](https://forextraders.com/forex-brokers/infinox/) - Infinox Cons: Limited range of markets Some services exclusive to Professional accounts Traders’ Viewpoint The trading experience at INFINOX is right up there with the best in the market. MT4 and MT5 might be considered by some to be falling behind the innovative new trading dashboards of rivals, but the MetaTrader platforms are robust, universally - [BDSwiss](https://forextraders.com/forex-brokers/bdswiss/) - This review is not intended for European traders. Cons For a demo account, you must register. TRADER'S VIEWPOINT BDSwiss is a well-established broker that offers traders a variety of ways to trade the financial markets. It has established itself as a one-stop broker delivering a world-class online trading experience through a regulated and multi-awarded environment. - [FXCM](https://forextraders.com/forex-brokers/fxcm/) - Pros Cons Choice of three top-grade trading platforms Average pricing in some markets No minimum deposit Mobile trading can take some time to set up Strong regulatory structure Potential to access institution-grade trading experience FXCM is a well-regarded broker which has been operating for over 20 years. Its success is based on offering clients - [IQ Option](https://forextraders.com/forex-brokers/iq-option/) - 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Pros Cons Convenient trading platform Slow customer support Variety of offerings Country restrictions Experts Viewpoint IQ Option is a multi-functional trading platform, founded in 2013 and - [GlobalBase](https://forextraders.com/forex-brokers/globalbase/) - Traders’ Viewpoint GlobalBase is a state-of-the-art crypto trading platform, working every day to ensure its customers enjoy top-notch tech and competitive conditions. Over the last year and half we’ve seen the cryptocurrency market active on its way up, now, the same thing is happening, but this time, valuations are taking a big hit. Not quite - [24option](https://forextraders.com/forex-brokers/24option-24fx/) - Pros Cons Proprietary 24Option trading platform US customers not currently accepted Multi-lingual customer support Trader's Viewpoint First founded in 2010, 24Option are an award-winning online broker based out of Limassol, Cyprus. 24Option offers a full-service trading package that includes binary options broker as well as forex, CFDs, stocks, and indices trading. Their focus is mainly - [Global TradeATF](https://forextraders.com/forex-brokers/tradeatf/) - ForexTraders does not recommend this broker. Please see our list of recommended top brokers. Pros Cons Wide-range of CFD instruments Broker only offers MT4 platform Accessible to all types of trader Very strong education section Trader’s Viewpoint Global TradeATF is a relatively new online broker that was started in 2019.. It is licensed by the IFSC, - [Investous](https://forextraders.com/forex-brokers/investous/) - Investous pros Investous cons More than 270 assets to trade on Some resources limited depending on account type Detailed education section No negative balance protection on professional accounts Broad range of tools for clear oversight on investments Trader's Viewpoint Investous is a relatively new player in the online retail broker industry. It is - [iForex](https://forextraders.com/forex-brokers/iforex/) - Pros Cons Tier-1 regulated broker High spreads iForex offers many educational resources. Trader's Viewpoint iForex is one of the oldest CFD brokers based out of Cyprus and is a part of the iForex Group. Setup in 1996, iForex combines state of the art technology with excellent trading conditions to offer its clients unparalleled trading experience. - [DeltaMarket](https://forextraders.com/forex-brokers/deltamarket/) - DeltaMarket Pros DeltaMarket Cons Variety of asset classes No clear regulatory information Choice of account types MetaTrader 5 not offered Education section is poor Traders’ viewpoint Traders who wish to trade at DeltaMarket ought to think carefully before proceeding with a deposit. The broker does not appear to be clearly regulated, and it - [MultiBank](https://forextraders.com/forex-brokers/multibank/) - Pros Cons Quick and easy account opening High stock CFD prices Free and multiple replenishment and withdrawal options High Inactivity Charge No withdrawal fee Trader's Viewpoint Multibank is a trading platform that provides its customers with an extensive range of assets for trading spot metals, indices, individual stocks, goods, cryptocurrencies and Forex currency - [SquaredFinancial](https://forextraders.com/forex-brokers/squaredfinancial/) - SquaredFinancial Pros SquaredFinancial Cons Low fees and commissions Financial instrument selection could be more extensive Solid range of educational and learning materials MT5 platform access would be nice Low spreads on the Elite trading accounts Spreads on the Pro trading account quite high Trader’s Viewpoint: SquaredFinancial In a market that is increasingly populated by brand-new - [NetoTrade](https://forextraders.com/forex-brokers/netotrade/) - NetoTrade is a leading global investment company specializing in trading currencies, commodities and equity. Established in 2010, the company has swiftly become a favourite amongst Forex newcomers and veteran traders alike, who are seeking the personalized attention of a boutique broker and for whom the company’s ground-breaking Trading Academy and excellent trading terms provide a - [Orbex](https://forextraders.com/forex-brokers/orbex/) - Orbex is a fully licensed and regulated Forex broker, operating since 2010. The company includes Orbex Limited, regulated by CySec and Orbex Global Ltd. regulated by the Mauritius Financial Services Commission (FSC). Orbex is crowned Best Forex Broker 2020, MENA & Europe by Global Banking & Finance Review. Under a decade, Orbex has received 15 - [IG Group](https://forextraders.com/forex-brokers/ig-group/) - Pros Cons Huge range of financial instruments ready to trade—over 17,000 markets ready to trade Spreads not as competitive as other platforms Fully regulated FTSE 250 company Trader's Viewpoint As one of the most recognisable brands in the online trading space, there are few names out there that have built up the same reputation as - [Eagle FX Broker](https://forextraders.com/forex-brokers/eagle-fx/) - EagleFX is a new entrant into the increasingly competitive broker space. Fortunately, it comes with a few unique selling points that mark it out from the crowd. Founded in 2019 it offers a broker platform which looks to combine tried and tested processes with the latest trading trends. The best example of them adopting - [XTrade](https://forextraders.com/forex-brokers/xtrade/) - Innovations in the forex market have enabled traders across the globe to choose from an assortment of trading styles, ranging from traditional lot purchases on leverage to binary option instruments. XTrade.com, however, chose to go down the innovation path that focused on Contracts for Differences (CFDs). They pioneered these new vehicles from 2010 when they - [TradeFred](https://forextraders.com/forex-brokers/tradefred/) - Pros Cons No commissions on trades No fixed spread accounts Fast deposit and withdrawal processing times Trader's Viewpoint Although you might be more familiar with their parent company, BetFred, TradeFred is one of a new crop of online brokerages bursting onto the online trading scene in recent months. Despite the success of their parent company—which - [CCI Traders](https://forextraders.com/forex-brokers/cci-traders/) - Pros Cons Multiple trading terminals Low client trading costs 50% bonus to clients Trader's Viewpoint Based on our extensive review of CCI Traders, we’d like to share the high points, primarily aimed at assisting prospective investors in making informed decisions on whether to sign-up with the broker or look for alternatives. Beginning with the - [Trendsmacro](https://forextraders.com/forex-brokers/trendsmacro/) - TRENDSMACRO is one of the newer brokers on the market. Having been formed in 2020, it hasn’t had time to build up a huge reputation yet. However, it does have some aspects that have got people talking. What is most impressive about this broker is that it offers traders the ability to use four different - [Asset Capital Business](https://forextraders.com/forex-brokers/asset-capital-business/) - Pros Cons Many trading tools Additional commission fees Low market entry threshold High Inactivity Charge Experts Viewpoint Asset Capital Business (ACB) was founded in 2018, an online broker managed by ACB International LTD and ACB Incorporation LTD. ACB International is registered in the UK, and ACB Incorporation is registered in the Republic of Marshall Islands. - [FBS Broker](https://forextraders.com/forex-brokers/fbs/) - About FBS Broker Financial Brokerage Service, or FBS, is a Russian forex company with satellite offices in China, Malaysia, the Philippines, Jordan and Vietnam. The company’s website claims it has 13 million traders and 370,000 partners in 190 countries. FBS Inc. is registered in the Marshall Islands. FBS Markets Inc. is the global brokerage - [Trade360](https://forextraders.com/forex-brokers/trade360/) - Pros Cons Hundreds of trading instruments Product range excludes cryptocurrencies Multi-lingual customer support Spreads are high Traders’ Viewpoint Trade360 is a CySec-registered forex CFD broker headquartered in Limassol, Cyprus. The tier-1 European regulation allows Trade360 to operate in all the countries within the European Economic Area (EEA), the UK and beyond. What sets Trade360 apart - [Fusion Markets](https://forextraders.com/forex-brokers/fusion-markets/) - Fusion Markets Pros Fusion Markets Cons Low trading costs Inadequate educational resources Well regulated Limited tradable assets Both the MT4 and MT5 are available Not available in the US Excellent customer service No minimum deposit Traders' Viewpoint Fusion Markets was set up in 2010, based in Melbourne, and is regulated by the Australian Securities - [IC Market Broker](https://forextraders.com/forex-brokers/ic-market-broker/) - IC Markets Pros IC Markets Cons Fees are quite low Support can be slow to reply No fees for deposits or withdrawals Not a huge amount of choice available Easy sign-up process Investors outside of EU not protected Trader’s Viewpoint IC Markets instantly grabs the attention of traders because it has low fees in - [Swissquote](https://forextraders.com/forex-brokers/swissquote/) - Swissquote Pros Swissquote Cons Market-leading range of assets, from CFDs to Options and RoboAdvisory High minimum deposit levels A secure Swiss broker with a passion for innovation Demo account only available for 30 days Multilingual reporting Choice of four impressive trading platforms Experts Viewpoint Swissquote is a well-regarded and successful Swiss-based online broker and - [ApolloFinances](https://forextraders.com/forex-brokers/apollofinances/) - Pros: Over 100 assets available to trade Several different ways to deposit Exceptionally high level of leverage Cons: MetaTrader 5 not available Bronze account does not have many features on offer Those looking for a broker certainly shouldn’t discount Apollo Finances – although there are also some reasons to think twice. When it comes to - [AdroFX](https://forextraders.com/forex-brokers/adrofx/) - Traders' Viewpoint AdroFX is a relative newcomer to the broker sector, but it has used that to its advantage by designing a platform that certainly meets traders' needs. Established in 2018, the broker has not yet had time to develop a vast range of markets to trade, but it does offer the core markets with - [1000Pip Builder](https://forextraders.com/forex-brokers/1000pip-builder/) - Founded in 2016, 1000pip Builder is a UK based professional forex signal provider that has been featured in publications such as daytrading.com and investing.com. A quick visit to the company's website reveals that the lead trader is an individual named Bob James, who spent over 10 years working at leading financial services institutes in London. This - [eXcentral](https://forextraders.com/forex-brokers/excentral/) - eXcentral Pros eXcentral Cons Well regulated Limited forex pairs Competitive spreads High minimum deposit ($250) Well-equipped educational centre Offers only MT4 and cTrader Traders' Viewpoint eXcentral is a CFD broker, operated by OM Bridge (PTY) Ltd, and is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. The broker is also operated by - [Tigerwit](https://forextraders.com/forex-brokers/tigerwit/) - Pros Cons Regulated by the FCA Limited trading education resources Initiative trading platforms Expert’s Viewpoint TigerWit is an STP+ECN broker founded in 2015. The broker offers over 60 spot forex currency pairs and CFDs in major stocks, market indices and commodities. TigerWit offers competitive spreads starting from as low as 0 pips. The typical spread - [CedarFX](https://forextraders.com/forex-brokers/cedarfx/) - CEDARFX CONS No VIP account options Offshore Broker Traders’ Viewpoint CedarFX only started in 2020, but it is already growing and developing a niche. This broker made a name for itself through its commitment to giving back and helping the environment via its Eco Account and connection to the environmental NGO Ecologi. However, it has - [Nadex](https://forextraders.com/binary-options/nadex/) - Are you a U.S. citizen that wants to trade binary options, but is frustrated when every foreign-based broker states that, "U.S. citizens are not accepted at this time"? There is a home-based solution for you - It is called Nadex.com. The reason why foreign binary option brokers will not deal with you is because the - [AssetShot](https://forextraders.com/forex-brokers/assetshot/) - AssetShot is the newest addition to the forex brokerage community in the island country of St. Vincent and the Grenadines (SVG). The island’s regulator, the Financial Service Authority (FSA), has issued an International Business Company (IBC) license to the firm, which allows the global company to operate in an agent status from SVG, but the - [LonghornFX](https://forextraders.com/forex-brokers/longhornfx/) - LONGHORNFX CONS Limited number of commodities Few educational resources Traders’ Viewpoint LonghornFX was founded in 2020 and is based in Saint Vincent and The Grenadines. It is a relatively new broker but has already gained positive reviews from broker comparison sites and customers, and has won awards including ‘the Best Newcomer Broker 2020’, from FXDailyInfo.com, - [1 Market](https://forextraders.com/forex-brokers/1-market/) - Traders’ Viewpoint 1Market has brought a fresh approach to the online brokerage sector. It’s packed full of innovative features and has crisp functionality. As might be expected from a new entrant, the range of products is not overwhelming, which will suit some, particularly beginners. That might change as the firm develops but what is offered - [InstaForex](https://forextraders.com/forex-brokers/instaforex/) - Pros Cons Multiple trading platforms Delayed order execution CFD and binary options IFXBIT platform failed to load Multi-asset, multi-regulated High fixed spread More than 260 representative offices Traders’ Viewpoint InstaForex is an ECN broker operating out of Cyprus. The broker offers traders the choice of CFD and binary options on 300+ products comprising FX, commodities, - [InstaForex.eu](https://forextraders.com/forex-brokers/instaforex-eu/) - INSTAFOREX BRAND PROS Well-regulated with a strong reputation Global Broker with more than 7 million existing clients A choice of market-leading trading platforms Flexible account structure Client-focussed and dedicated multi-lingual staff INSTAFOREX BRAND CONS No proprietary trading platform options A satisfactory but not ground-breaking number of markets to trade InstaForex positively surprises with its array - [TRADE.com](https://forextraders.com/forex-brokers/trade-com/) - Pros Cons Massive selection of tradable assets No weekend customer support access Strong focus on leveraged trading See our full list of trusted brokers Trader's Viewpoint Trade.com was formed in 2013 as a subsidiary of Lead Capital Markets Ltd. With headquarters in Cyprus, Trade.com have gradually built up a name for themselves as an - [AAFX Trading](https://forextraders.com/forex-brokers/aafx-trading/) - See our full list of trusted brokers AAFX Trading Pros AAFX Trading Cons Well regulated Limited product offerings Comprehensive research tools Only offers MT4 and WebTrader Excellent customer services Big risks for trading cryptocurrencies No commissions or fees The main preferences go to VIP clients Low spreads 30% deposit bonus Traders viewpoint - [Super-Five](https://forextraders.com/forex-brokers/super-five/) - Super-Five Pros A broad range of cryptocurrencies supported by the platform A proprietary trading platform designed for the crypto market Customer support service available via phone, email, or live chat, 24/6. Super-Five Cons Only one type of platform supported Certain type of trading is not supported with Super-Five Traders’ Viewpoint The online financial services provider - [HotForex](https://forextraders.com/forex-brokers/hotforex/) - Pros Cons Multi-lingual customer support offered Education and learning materials could be better Great support for e-payment withdrawals and deposits Traders Viewpoint Founded in 2010, Hot Forex is a multi-asset broker who focuses on the CFD market. Through their state of the art trading platform, it has provided trading services to a staggering total of - [Alvexo](https://forextraders.com/forex-brokers/alvexo/) - Pros Cons In-house web trader and mobile app Not available to US customers Full featured demo account Trader's Viewpoint Although one of the newer trading platforms on the scene, Alvexo have nevertheless managed to quickly build up a name for themselves in a relatively short amount of time. Founded as a collaboration between experienced forex - [HFTrading](https://forextraders.com/forex-brokers/hftrading-review/) - Interested in HFTrading? We've found that FXTM consistently comes out on top in our exhaustive broker reviews. Learn More Here Pros Cons Over 750 tradable assets Not available in the UK and the US Adequately regulated Relatively new Competitive spreads Zero commissions Expert's Viewpoint HFTrading is a relatively new brokerage with operations in New - [UFX](https://forextraders.com/forex-brokers/ufx/) - Forex trading has grown leaps and bounds over the past decade, but it is only with the addition of new competent brokers that traders can realize the benefits of increased competition. UFX.com was formed in 2007, and over the past few years, it has amassed an impressive list of favorable reviews and industry awards. Their - [USGFX](https://forextraders.com/forex-brokers/usgfx/) - If you are searching for an established foreign exchange broker in Asia, then Union Standard Group (USGFX) of Australia may be the one for you. Headquartered in Sydney, they also have satellite offices in Auckland, Shanghai, and Hong Kong. Their regulatory oversight is from the Australian Securities and Investment Commission (ASIC), which patterns its operations - [Z.com Trade](https://forextraders.com/forex-brokers/z-com-trade/) - For those traders who prefer the peace of mind of dealing with one of the largest brokers on the planet, the GMO CLICK Group has recently made your choice in forex brokers that much easier. Recognized as the largest retail forex brokerage by volume, GMO CLICK announced in March the launch of its proprietary trading - [Trade24](https://forextraders.com/forex-brokers/trade24/) - Previously, ForexTraders.com stated that Trade24 should be avoided. We now have an update and have downgraded this from "Avoid" to "Caution." ***UPDATE 2 FEBRUARY 2017*** We have spoken with Trade24 upper management and feel that they are doing their best to resolve past issues and mend their tarnished reputation. They are currently seeking CySEC regulation - [Tradeo](https://forextraders.com/forex-brokers/tradeo/) - Pros Cons STP dealing model CFD spreads quite high Personal account manager options Trader's Viewpoint Tradeo is an online trading platform and brokerage that looks to simplify the online CFD trading experience. Although still relatively young compared to some of the more established platforms out there, Tradeo has put together a trading package that focuses - [TrioMarkets](https://forextraders.com/forex-brokers/triomarkets/) - There are times when it is a good thing to be the new kid on the block. Your clients will benefit from the latest thinking in service and product offerings, instead of having to live through grueling upgrades of legacy software to produce similar results. Such is the case with TrioMarkets.com, a relatively new forex - [ThinkMarkets](https://forextraders.com/forex-brokers/thinkmarkets/) - Pros Cons Different account types to suit individual trading styles No US or Canadian traders Support for social and copy trading functionality Trader's Viewpoint With a little over a decade in operation since they were first founded, ThinkMarkets are one of the new players to enter onto the CFD trading scene in recent years. Despite - [STO](https://forextraders.com/forex-brokers/sto/) - Would you like your forex broker to offer more than just foreign exchange trading? Welcome to STO. STO is one of three subsidiaries under the AFX Group corporate brand banner. The other two entities focus on affiliate programs and traditional equity portfolio client management activities. Founded in 2010, the firm opened its doors for business - [NSFX](https://forextraders.com/forex-brokers/nsfx/) - Are you tired of looking at forex and binary option broker sites that look the same, as if cut and pasted from another site, with few in the way of disclosures about the management team, regulation, or the safety of your personal deposits? For these reasons alone, NSFX.com is worthy of your consideration, even though - [Global ITRADER](https://forextraders.com/forex-brokers/itrader/) - ForexTraders does not recommend this broker. Please see our list of recommended top brokers. Pros Cons Regulation in several jurisdictions Limited selection of trading platforms Low minimum deposits Experts Viewpoint Founded in 2012, Global ITRADER is an online Forex and CFD broker managed by Bayline Trading Ltd, which is regulated by the Belizean International Financial Services - [London Capital Group](https://forextraders.com/forex-brokers/london-capital-group/) - Pros Cons Great industry reputation Minimal automated trading support Competitive trading condition Minimal third party tool support Traders Viewpoint With roots stretching back to 1996, London Capital Group is a non-nonsense broker with an almost unrivalled reputation in the online trading space. With their home office in London, it is currently traded on the London - [MultiBank Group](https://forextraders.com/forex-brokers/multibank-exchange-group/) - Mexgroup (Multibank Group) was launched way back in 2005. With more than a decade's worth of experience under their belt, MultiBank Group have grown into one of the world's largest providers of financial derivatives. The operation is licensed and regulated on 5 continents, and it boasts paid-up capital of more than $300 million. The value - [HYCM](https://forextraders.com/forex-brokers/hycm/) - Pros Cons Over 40 years’ experience in the trading space No MT5 access provided/td> Quick execution speeds Research resources could be more advanced Traders Viewpoint With over forty years’ experience as a broker, HYCM can make a legitimate claim to being one of the most well-established brokers currently operating in the online space. HYCM is - [FXTM Invest](https://forextraders.com/forex-brokers/fxtm-invest/) - Innovation is a necessity in any industry, but in the foreign exchange arena, it often provides the difference between winning and losing from a brokerage perspective. With casualty rates running so high, client attrition is a continuing issue, but FXTM (ForexTime.com), an industry-leading broker with offices across the globe and licenses in the UK and - [Harborx](https://forextraders.com/forex-brokers/harborx/) - Harborx is a mobile-focused Forex and CFD brokerage, which seems to have a knack for the social aspect of trading. Although the site does not dwell too much on the CFD (Contracts for Difference) aspect, in the FAQ section, it is indeed mentioned that Harborx features that product too. Perhaps the most interesting thing about - [Formax](https://forextraders.com/forex-brokers/formax/) - Formaxmarket was established in 2014 as Formax Prime Capital UK Limited, a part of the Formax Group which provides Forex services and trading technologies to private and institutional traders worldwide. The company is based in London, England and is a pure STP broker, which means that it is a Straight Through Processing or STP forex - [easyMarkets](https://forextraders.com/forex-brokers/easymarkets/) - Pros Cons Responsive customer support team Spreads quite high Multiple trading platforms to choose from Trader's Viewpoint You may have already used easyMarkets, or heard of it, without realising. Before becoming easyMarkets, this company was launched as easyForex and then underwent a rebranding to become more accessible. The company actually began life sixteen years ago - [OptionRally](https://forextraders.com/binary-options/optionrally/) - In relative terms, if you are looking for an experienced binary options broker, Optionrally.com would fill that bill since they were founded in 2011, a mere three years after this industry got started. Two years of experience may not sound like much, but it is apparent that this firm has focused on making its trading - [Markets.com](https://forextraders.com/forex-brokers/markets-com/) - Markets.com Pros Markets.com Cons Over 2,200 markets to trade Some minor glitches in site functionality Choice of two market leading platforms Limited range of crypto markets Low commission and tight spreads Extensive range of support tools Traders' Viewpoint Markets.com is a longstanding and well-regarded multi-asset broker that was founded in 1999. Its parent company is - [ACY Securities](https://forextraders.com/forex-brokers/acy-securities/) - Pros Cons Forex ECN accounts offered Requires a minimum deposit of $100 Commission-free trading accounts available Limited product offerings Competitive spreads 24/7 multilingual customer support Traders' Viewpoint ACY Securities was founded in Sydney in 2011. It is regulated by the Australian Securities and Investment Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). In - [101investing](https://forextraders.com/forex-brokers/101investing/) - Interested in 101Investing? We've found that FXTM consistently comes out on top in our exhaustive broker reviews. Learn More Here Pros Cons Access to several education materials Customer support only operational from 7am-5pm Low minimum deposit Traders’ Viewpoint In this review, we will take a look at 101investing, the brand name of FXBFI Broker Financial - [GKFX Prime](https://forextraders.com/forex-brokers/gkfx-prime/) - Pros Cons Wide range of tradable instruments Inadequate trading education materials $50 minimum deposit Traders’ Viewpoint GKFX Prime is a brokerage firm that offers forex and other CFDs to trade. The broker provides over 47 FX currency pairs, including all the majors, most minors and popular exotics. CFD offerings, on the other hand, include over - [OnlineMarketShare](https://forextraders.com/forex-brokers/onlinemarketshare/) - Pros Cons Competitive Spreads Limited educational resources Secure trading environment Expert's Viewpoint OnlineMarketShare is a relatively new broker offering forex and CFDs trading. With this broker, you can trade 35+ currency pairs and 45+ CFDs on a wide range of instruments. The forex pairs include all the majors and a few minors and exotics while - [FXPrimus](https://forextraders.com/forex-brokers/fxprimus/) - Pros Cons 24/5 Customer support Spreads could be more competitive Well established No US clients Multi-regulated by CySEC, VFSC, FSCA Multilingual broker with 11 languages supported VPS service available Trade over 130 Instruments Competitive spreads Trader's Viewpoint In today’s world, where hacks and data leaks are commonplace, it is undoubtedly essential that you use a - [Eiro Group](https://forextraders.com/forex-brokers/eiro-group/) - Eiro Group Pros Up to 100% loyalty bonus Support from account managers Proprietary trading software Eiro Group Cons Services available in English only Traders can use only a proprietary WebTrader Basic accounts don’t get exclusive updates Traders’ Viewpoint Eiro Group is an online trading platform specialized in providing cutting-edge trading technologies and a broad range - [7Online](https://forextraders.com/forex-brokers/7online/) - 7Online Pros 7Online Cons Simple, cutting-edge trading technology is provided. Cryptocurrencies are the only instruments available. Safety is ensured via some of the most advanced security measures. No desktop platform is provided. Professional customer support. Traders’ Viewpoint 7Online is a cryptocurrency trading platform designed to help people trade with leading trading technology, taking advantage of - [AlphaLive](https://forextraders.com/forex-brokers/alphalive/) - AlphaLive Pros AlphaLive Cons Wide variety of cryptocurrencies available Focus on cryptocurrency trading Crypto-tailored trading platform Limited educational resources available Security, AML, and KYC compliance Traders’ Viewpoint AlphaLive is an international cryptocurrency trading platform, working on behalf of crypto traders from all around the world, wanting to take advantage of new trading opportunities emerging in - [Omplix Crypto Broker](https://forextraders.com/forex-brokers/omplix-crypto-broker-review/) - Omplix Pros Omplix Cons Tens of cryptocurrency instruments MetaTrader platforms not supported Proprietary platform Automated trading not available International coverage Traders’ Viewpoint Omplix is a global cryptocurrency trading platform, dedicated to providing an excellent user experience for a diverse audience. One of the main benefits when trading with this brand comes from the focus on - [ETFinance](https://forextraders.com/forex-brokers/etfinance/) - Interested in ETFinance? We've found that FXTM consistently comes out on top in our exhaustive broker reviews. Learn More Here Pros Cons Large library for learning Limited conditions for beginners Many trading tools Limited options for experienced traders Experts Viewpoint ETFinance was founded in 2018 and is a European online broker, managed by Magnum FX - [500Investments](https://forextraders.com/forex-brokers/500investments/) - Pros Cons 1,000+ trading instruments No coverage for ETF products Proprietary trading platform No desktop platform available/td> Proprietary trading platform Trader’s Viewpoint 500Investments is an online trading brand operating for customers all around the world, except for residents in the USA and Canada. It offers access to a broad selection of trading instruments, including FX, - [Coinlife](https://forextraders.com/forex-brokers/coinlife/) - Pros Tens of different cryptocurrency instruments supported, covering a broad spectrum. Versatile and flexible web-trading platform compatible with multiple devices. Trusted customer support available via multiple communication channels. Cons The main focus is on cryptocurrencies, which will not favour traders that want to trade other assets. Only a WebTrader available with no other trading solution - [OptionBit](https://forextraders.com/binary-options/optionbit/) - The binary option market is relatively young, having become legal in only 2008. With new brokers appearing weekly, it is nice to be able to find a successful broker that has been around for a few years, OptionBit.com being one of the few in that category. The firm was founded in 2009 and opened its - [Skyline Markets](https://forextraders.com/binary-options/skyline-markets/) - There is a new up-and-coming binary options broker in the London market, ready to serve you with the latest technology and payoff ratios to beat the band. The firm is SkyLinemarkets.com, and it opened its doors for business in 2015. Sporting the latest version of the highly popular SpotOption trading platform, this broker has upper - [Porter Finance](https://forextraders.com/binary-options/porter-finance/) - Binary options took the trading industry by storm nearly a decade back, but many traditional forex brokers and financial centers chose to stand on the sidelines until this new "fad" gained traction in the marketplace. In recent years, there has been a flurry of activity, as the old guard jumped into the fray. There have - [BinaryTilt](https://forextraders.com/binary-options/binarytilt/) - Do you want a relatively new binary broker that has gained global acceptance, industry awards, and then aggressively enhanced their entire value proposition to give their clients the best in class? Look no further - BinaryTilt fills the bill. This broker began as a registered and regulated entity in New Zealand in 2013, but recently - [uTrader](https://forextraders.com/binary-options/utrader/) - Binary options have taken the trading world by storm, but brokers that focus on smaller markets are rare to find, except in the case of uTrader.com, a binary options broker that hit the scene in 2011. Their focus is primarily Eastern Europe and Russia, with their operating center located in Riga, Latvia on the Baltic - [OX Markets](https://forextraders.com/binary-options/ox-markets/) - It is difficult for a new binary options broker to gain traction and attention in today’s highly competitive market, but OX Markets.com has managed to do just that after hitting the ground running in 2015. New brokers typically need a few years to find their niche, but OX Markets wasted little time on the learning - [AnyOption](https://forextraders.com/binary-options/anyoption/) - AnyOption.com ("AnyOption") is a binary option trading platform available for private and institutional investors worldwide. Their option trading platform is 100% web based, and does not require any software download or any other previous trading experience. Both beginning and experienced traders will benefit from the intuitively simple system approach and from the abundance of tutorials - [EmpireOption](https://forextraders.com/binary-options/empireoption/) - Binary options have garnered enormous recent appeal from the retail training community, but this investment vehicle e has been around much longer in the private and institutional space. If you are looking for a firm that made their mark in the private space, then EmpireCapital is your company of choice. EmpireOption has one of the - [uBinary](https://forextraders.com/binary-options/ubinary/) - When a broker in any market takes two years to prove itself, and then conducts a major overhaul to make focused improvements to an already great service, the market usually takes notice. Such has been the case with uBinary.com, a firm founded in 2011 by a team of seasoned professionals that had accumulated over 50 - [OptionFair](https://forextraders.com/binary-options/optionfair/) - Companies tend to focus on being driven by marketing or by technology. The latter also tend to be more trustworthy, and in the binary options brokerage community, a formidable technology-focused entity in this genre is OptionFair.com. A group of industry professionals that elected to invest in their proprietary trading platform established the firm in 2010. - [99Binary](https://forextraders.com/binary-options/99binary/) - Are you looking for a legitimate binary option broker worthy of your trust? Would you like to see a host of 5-Star ratings from a variety of sources for your choice of broker? Look no further - 99 Binary is a highly rated binary option broker founded in London in 2012 that has garnered many - [RBOptions](https://forextraders.com/binary-options/rboptions/) - Never mistake the importance of a first impression, and RBOptions.com goes out of its way to establish an impressive one from the get go. A Canada-based binary option broker, it leads with a stellar website presentation, complete with 2013 awards for "Best Customer Service" and "Best Binary Education Program". Confident of their professional expertise, they - [CTOption](https://forextraders.com/binary-options/ctoption/) - CTOption.com is one of several binary option brokers that burst upon the scene in 2013. The CEO’s introductory letter emphasizes the firm’s commitment to the company’s motto, "Binary Options Made Simple", and it appears that in a few short years, according to favorable reviews and testimonials on the web, his team is succeeding. They currently - [OptionWeb](https://forextraders.com/binary-options/optionweb/) - Sometimes it pays to be first, and such is the case with OptionWeb.com. Binary options may have been around since 2008, but the regulators and legal system have taken a while to understand the new genre and react. Even though OptionWeb (OW) appeared on the scene in 2012, they now have the distinction of being - [ROinvesting](https://forextraders.com/forex-brokers/roinvesting/) - Interested in HFTrading? We've found that FXTM consistently comes out on top in our exhaustive broker reviews. Learn More Here Pros Cons 350+ financial instruments Broker for European customers only You can access lots of educational material Traders’ Viewpoint ROinvesting is the trading name of Royal Forex Limited, a Cyprus-based multi-asset CFD broker. Authorised and - [Banc De Binary](https://forextraders.com/binary-options/banc-de-binary/) - Following consistently negative press for Banc de Binary and Binary Options in general, Banc de Binary is winding down business, shutting down their operations and exiting Binary Options for good as of 15 January 2017. Thank you, Management ForexTraders.com ## Courses - [Forex for Dummies - How to Learn Forex Trading for Beginners](https://forextraders.com/forex-trading-courses/forex-for-dummies/) - There is no doubt about it - Foreign exchange trading, or forex, has garnered enormous popularity in the last decade, as droves of newcomers have crossed over from stocks and other investments to test their skills with the currencies of the world. In this forex trading for dummies course we will lay down the basics - [Learn How to Trade Forex With Our Free Course for Beginners](https://forextraders.com/forex-trading-courses/learn-forex-trading-course/) - Welcome to our forex trading course! If you feel like you’re a penguin in the desert when reading about forex trading, don’t worry, our forex course is here to help guide and teach you, providing you with information to learn to trade. What You Can Expect From Our Course Our forex education aims to introduce you ## Lessons - [Introduction to Forex Technical Analysis](https://forextraders.com/lessons/forex-technical-analysis/) - In this lesson we take a brief look at one of the major methods of analysing the Forex markets and identifying potential trades - Technical analysis. What is Technical Analysis? The beginnings of technical analysis is usually dated to the Dow theory, and to the early part of the 20th century. Over the years, many - [Forex Scalping](https://forextraders.com/lessons/forex-scalping/) - Forex scalping aims to make use of small price movements and the bid-ask spread in order to turn a quick profit in a short time. Although each profit is naturally small, significant sums may be gathered by persistent trading. How Does Forex Scalping Work? The most basic form of scalping is the usage of the - [Introduction to Forex Fundamental Analysis](https://forextraders.com/lessons/forex-fundamental-analysis/) - As we mentioned before, prices do not cause prices. The reasons that lie behind price movements in the forex market are the subject of fundamental analysis, and those familiar with trading stocks should have little trouble in becoming familiar with fundamental analysis of currencies. Just as stock traders measure the health of a publicly-traded company by - [Forex Analysis Summary](https://forextraders.com/lessons/forex-analysis-summary/) - Needless to say, any method that works is a good method. Conversely, any trading method that fails — however convincing the arguments behind it — is useless. While this is so, it’s often hard to characterize what success or failure is for a forex trader. A trade that was a failure when it was closed - [Forex Trading Styles](https://forextraders.com/lessons/forex-trading-styles/) - What is a trading style? It’s simply what a trader or speculator enjoys or feels most comfortable doing while interacting with the market. They can be valid for both long and short term trading, and for different styles different indicators and technical patterns have greater significance. Nonetheless, we should always keep in mind that the - [Forex Day Trading](https://forextraders.com/lessons/forex-day-trading/) - Forex day trading is the style of the short-term speculator. The reasoning behind a day trading style, is that there are times when exceptionally fast market developments allow exceptional profits in a very short time. Day traders in general will not hold a position for more than a few days, and the best among them are - [Forex Swing Trading](https://forextraders.com/lessons/forex-swing-trading/) - Forex swing trading is a form of range trading. The swing trader attempts to capitalize on periods of market indecision, and aims to make use of support and resistance lines, channels and price patterns such as tops and bottoms in formulating his strategy. Who is Swing Trading Suitable For? This style offers greater odds of - [Which Style Should You Choose?](https://forextraders.com/lessons/which-style-should-you-choose/) - None of these trading styles offer an unblocked path to success, or a sure way to doom for the trader; the successful trader can choose any method he feels comfortable with. If he adheres to the basic principles of money management and risk control, education and experience, coupled with emotional discipline will be all he - [Forex Technical Analysis - Reading Charts](https://forextraders.com/lessons/learn-technical-analysis/) - In a previous chapter in our forex training course, we discussed what technical analysis is. In this section, we’ll take a look at the various indicators and patterns that are used in technical analysis. The most basic tool of the technical analyst is the chart which depicts price action during a specified time period. Charts - [Price Action: Chart Patterns and Price Formation](https://forextraders.com/lessons/price-action-chart-patterns-and-price-formation/) - As we noted previously, technical analysis concerns itself with the patterns created by the price quote changing throughout the day and beyond. Through the last century, studies of stock prices have supplied traders with valuable tools for evaluating those price patterns. (click here to see one of the most powerful price patterns) Triangles, tops, bottoms - [Technical Indicators](https://forextraders.com/lessons/technical-indicators/) - Technical indicators are utilized by traders in the same way that price patterns are. In the case of indicators the purpose is to give the chaotic jumble of prices and quotes some resemblance of order through the employment of simple mathematical tools. While the idea of engaging in mathematics may sound intimidating to many at - [More on Fundamental Analysis](https://forextraders.com/lessons/more-on-fundamental-analysis/) - Fundamental analysis concerns itself with the causes of price movements. It doesn't attempt to predict future price movements per se, but because economic events move far slower than market developments, it's usually the case that a phenomenon established by fundamental analysis will be valid for a longer time than the market reacts to it, and - [Gross Domestic Product (GDP)](https://forextraders.com/lessons/gross-domestic-product-gdp/) - Gross domestic product (GDP) is a measure of all goods and services produced inside a country's borders. As such, it doesn't include imports, even though imports can add to job creation and prosperity in an economy. It's loudly discussed by all the major media outlets, and the trader needs little effort in finding and evaluating - [Producer Price Index (PPI)](https://forextraders.com/lessons/producer-price-index-ppi/) - We mentioned in the previous section that we’d be discussing inflation, and it’s time to look at one of the two major indicators of inflation that the markets tend to watch at all times. What is the Producer Price Index (PPI)? The producer price index, or PPI for short, is the measure of changes in prices charged - [Consumer Price Index (CPI)](https://forextraders.com/lessons/consumer-price-index-cpi/) - The second type of inflation indicator, the Consumer Price Index (CPI), has far greater bearing on the choices of policy makers (such as the US Federal Reserve), and the market in general attaches to it a far greater degree of significance than the PPI. The CPI, as a measure of living costs, has a direct - [Commitment of Traders - The COT Reports](https://forextraders.com/lessons/commitment-of-traders-the-cot-reports/) - The commitment of traders report is a little different from the previous indicators. It doesn’t measure any economic indicator, but merely states the holdings of commercial and speculative participants in various futures markets which are mostly concentrated in New York and Chicago. The report is released every Friday by the Commodities and Futures Trading Commission - [Summary - Fundamental Analysis](https://forextraders.com/lessons/summary-fundamental-analysis/) - As we noted before in this course in forex trading, fundamental analysis offers the best guidance for determining price trends. To give a simple example, in a stable economic environment, with good economic growth, and healthy employment statistics, central banks are almost certain to respond to high inflation with interest rate increases, to which the - [Trading Psychology](https://forextraders.com/lessons/trading-psychology/) - Human beings are emotional creatures. We love, we hate, we adore, worship and despise, we can be enthusiastic, and we can be cautious. The canvass of our lives is colored by the palette of emotions, and indeed it's impossible to define a human being without depicting his emotional reactions to life's various occasions. To the - [The Risks of Too Much Leverage](https://forextraders.com/lessons/the-risks-of-too-much-leverage/) - We have already discussed what leverage is, and what it offers to the trader. Let us here take a look at the impact overleveraging can have on trader psychology. As we mentioned above, the best trader is he who can detach himself from his emotions during his trading activity: one can have as much excitement - [Undercapitalization](https://forextraders.com/lessons/undercapitalization/) - Undercapitalization is closely related to leverage, since, contrary to what many people believe, higher leverage actually increases risk-capital requirements. While the broker allows the client to control higher amounts through less initial capital through high leverage, because price swings are amplified in the process, the trader has to increase his capital that he deposits with - [Money Management](https://forextraders.com/lessons/money-management/) - Money management is about the proper application of the points we discussed: Capitalize the account sufficiently, do not over-leverage, be disciplined about profit taking, and avoiding losses. There's nothing that difficult about doing this. In general, decisiveness about one's plans, and prudence about taking risks will grant the patient trader success in a manner that - [How to Become a Successful Forex Trader](https://forextraders.com/lessons/how-to-become-a-successful-forex-trader/) - You've read through all (or most of) the articles, have gone through all the warnings and precautions about unrealistic expectations, reckless and risky practices, and compulsive trading, and what not, and you are still interested in forex? You're not intimidated by sensible, realistic, and honest discourse about what can and cannot be achieved by a - [Choosing A Forex Broker](https://forextraders.com/lessons/choosing-a-forex-broker/) - In the past, currencies were traded on the phone, and banks prefer audio contact between counter parties as a means of building trust even today, but the individual trader will have all of his needs satisfied simply by opening an account with an online forex broker. Once one decides to trade currencies, the first requirement - [Analyzing the Forex Market](https://forextraders.com/lessons/analyzing-the-forex-market/) - So we know what the forex market is, and we know what we want to do with it: We want to make money. How do we make money? In this part of the forex course we will learn to understand forex analysis. See also forex technical analysis. Forex analysis is the tool with which people - [Major Currencies and Currency Types](https://forextraders.com/lessons/major-currencies-and-currency-types/) - There are a lot of nations in the world and consequently a large number of currencies to choose from when trading. The currencies of Brazil, Russia, China, the Eurozone, Turkey, Japan, South Africa and Canada are popular with large and small traders, for different reasons. What the market values most in a trade can change - [Margin and Leverage](https://forextraders.com/lessons/margin-and-leverage/) - It’s very important that the trader gain a good grasp of these two concepts before engaging in any deals, because leverage and margin determine the lifespan of any trading account in a far more decisive manner than either technical or fundamental analysis. What is Margin? Margin trading is trading with borrowed funds, and is closely - [Forex Pips and Lots](https://forextraders.com/lessons/forex-pips-and-lots/) - In this lesson we will explain what pips and lots are and how they relate to trading Forex What is a Pip? A pip is the smallest amount of movement a price quote can make. In other words, each tick of the price quote is a pip. When EUR/USD moves from 1.2786 to 1.2787, for example, - [Currency Pairs - Understanding and Reading Forex Quotes](https://forextraders.com/lessons/currency-pairs-understanding-and-reading-forex-quotes/) - Our first grade in forex literacy is for understanding how to read the price quote. In forex, currencies are always quoted in currency pairs. In other words, it’s only possible to value a currency in relation to another one. If you want to buy 100 Euros, how are you going to pay for it? If - [Lesson](https://forextraders.com/lessons/lesson-3/) - [Resistance and Support](https://forextraders.com/lessons/resistance-and-support/) - Resistance and support lines are price levels which temporarily halt or reverse the continuous movement of the trend. When the trend is bearish, support lines are created where sellers are temporarily (or sometimes permanently) exhausted and cannot press the quote any lower. Conversely, during a bullish trend, the price level where buyers are checked is - [Lesson](https://forextraders.com/lessons/lesson/) - [Lesson](https://forextraders.com/lessons/lesson-2/) - [Introduction to the Forex Market](https://forextraders.com/lessons/introduction-to-the-forex-market/) - Many of us have been fascinated by the shiny, colourful world of currencies as children, and even those of us who have little interest in the forex market have engaged in some form of currency trading while traveling outside their homeland. And these days, one will easily find people discussing the advantages and weaknesses of - [FOREX FOR DUMMIES: CONCLUDING REMARKS](https://forextraders.com/lessons/forex-for-dummies-concluding-remarks/) - Trading results like these fall into the high end of the spectrum, the reason for being patient. It is always important to remember, as well, that previous market results are never a guarantee of future outcomes. Markets are always changing. If they always moved as expected, there would be many more wealthy traders in our - [EXECUTION OF YOUR PLAN](https://forextraders.com/lessons/execution-of-your-plan/) - Your assignment now is to convert the above scenario into a step-by-step trading plan that details each decision that you would have had to make. It is best that you do this on your own in order to feel comfortable with the result. You will then want to practice on a free demo system to - [STRATEGY DEVELOPMENT](https://forextraders.com/lessons/strategy-development/) - As noted in the rules at the beginning of this forex trading tutorial, currency trading is all about improving the "50/50" odds in your favor by finding trends and anticipating when they might repeat a familiar pattern of behavior. When you find one of these high-percentage opportunities, you want to execute your plan quickly. There - [INITIAL SET-UP PREPARATION](https://forextraders.com/lessons/initial-set-up-preparation/) - It is now time to set up your trading platform for analysis and execution of forex orders. The screen shot below is for the popular MetaTrader4 trading system, offered as standard by most all forex brokers. Let's review the following diagram: The MT4 charting software, or any other proprietary model for that matter, will resemble - [CURRENCY PAIRS AND FOREX MARKET PRICING BEHAVIOR](https://forextraders.com/lessons/currency-pairs-and-forex-market-pricing-behavior/) - Currencies come in pairs, like the Euro versus the U.S. Dollar, or "EUR/USD". It may surprise you, but currencies have no "intrinsic value", as with stocks. Their value is "relative" to each other and the economies of the respective countries that stand behind them. The first currency listed is always known as the "Base" currency, ## Categories - [Uncategorized](https://forextraders.com/category/uncategorized/) - [testing](https://forextraders.com/category/testing/) ## TopList Types - [Forex Brokers](https://forextraders.com/toplist_type/forex-brokers/) - [Binary Options](https://forextraders.com/toplist_type/binary-options/) - [CFD](https://forextraders.com/toplist_type/cfd/) ## Regulators - [CySEC](https://forextraders.com/regulator/cysec/) - [FSB](https://forextraders.com/regulator/fsb/) - [IFSC](https://forextraders.com/regulator/ifsc/) - [MiFID](https://forextraders.com/regulator/mifid/) - [FCA](https://forextraders.com/regulator/fca/) - [FFA Japan](https://forextraders.com/regulator/ffa-japan/) - [MFSA](https://forextraders.com/regulator/mfsa/) - [MGA](https://forextraders.com/regulator/mga/) - [GSC](https://forextraders.com/regulator/gsc/) - [ASIC](https://forextraders.com/regulator/asic/) - [BaFin](https://forextraders.com/regulator/bafin/) - [CMB](https://forextraders.com/regulator/cmb/) - [KNF](https://forextraders.com/regulator/knf/) - [FSA](https://forextraders.com/regulator/fsa/) - [FSP](https://forextraders.com/regulator/fsp/) - [CFTC](https://forextraders.com/regulator/cftc/) - [NFA](https://forextraders.com/regulator/nfa/) - [IIROC](https://forextraders.com/regulator/iiroc/) - [MAS](https://forextraders.com/regulator/mas/) - [MFSC](https://forextraders.com/regulator/mfsc/) - [VFSC](https://forextraders.com/regulator/vfsc/) - [FSC](https://forextraders.com/regulator/fsc/) - [CIMA](https://forextraders.com/regulator/cima/) - [DFSA](https://forextraders.com/regulator/dfsa/) - [SIA](https://forextraders.com/regulator/sia/) - [IIRO](https://forextraders.com/regulator/iiro/) - [CYMA](https://forextraders.com/regulator/cyma/) - [FSCA](https://forextraders.com/regulator/fsca/) - [FSA SC](https://forextraders.com/regulator/fsa-sc/) - [FSPR](https://forextraders.com/regulator/fspr/) - [FMA](https://forextraders.com/regulator/fma/) - [Unlicensed](https://forextraders.com/regulator/unlicensed/) - [CNMV](https://forextraders.com/regulator/cnmv/) - [RAK](https://forextraders.com/regulator/rak/) - [FINMA](https://forextraders.com/regulator/finma/) - [SFC FCA (Swissquote LTD](https://forextraders.com/regulator/sfc-fca-swissquote-ltd/) - [only EU traders)](https://forextraders.com/regulator/only-eu-traders/) - [NBRB](https://forextraders.com/regulator/nbrb/) - [FSA of St Vincent and the Grenadines](https://forextraders.com/regulator/fsa-of-st-vincent-and-the-grenadines/) - [NZFMA](https://forextraders.com/regulator/nzfma/) - [Belize IFSC](https://forextraders.com/regulator/belize-ifsc/) - [SCB](https://forextraders.com/regulator/scb/) - [marshall Islands](https://forextraders.com/regulator/marshall-islands/) - [CMA](https://forextraders.com/regulator/cma/) - [JFSA](https://forextraders.com/regulator/jfsa/) - [EFSA](https://forextraders.com/regulator/efsa/) - [MISA](https://forextraders.com/regulator/misa/) - [Mauritius](https://forextraders.com/regulator/mauritius/) - [CMVM](https://forextraders.com/regulator/cmvm/) - [CVM](https://forextraders.com/regulator/cvm/) - [MISCA](https://forextraders.com/regulator/misca/)