Gold Prices Rise to 4-Month High, Crude Oil Surges Before OPEC+ Meeting

Gold prices climbed to a fresh 4-month high, backed by a softening US Dollar and demand for inflation-hedge assets. Traders are eyeing an OPEC+ meeting after the oil cartel pointed to tight market ...

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Australian Dollar Down as the RBA Rules Out Rate Hikes Until 2024

The Australian Dollar fell as the RBA struck a dovish tone with June's monetary policy update, signaling rate hikes are unlikely at least until 2024.

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Nasdaq 100 Futures Lead Nikkei 225, ASX 200 Lower, RBA Rate Decision in Focus

The Nasdaq 100 futures traded lower during Tuesday’s morning session, setting a sour tone for the Asia-Pacific markets. Traders are eyeing the RBA interest rate decision and an OPEC+ meeting today.

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Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach

Seasonality may work to slow stock market price action as a drawdown in volume and volatility seep into the market. The major indices have already begun to show symptoms of range-bound price action.

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Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices

The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.

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Bitcoin (BTC), Ethereum (ETH), Alt-Coins - Beware of Weekend Volatility

The 24/7 cryptocurrency market needs to monitored closely over the coming long weekend with volatility levels still high

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Gold Forecast Bright on Weak USD; Silver Eyes Multi-Year High

Gold price action advanced for its fourth-week straight as silver soared to multi-year highs thanks to a stubbornly weak US Dollar. Will gold and silver prices rise further or will Fed hawks stymie...

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EUR/USD Forecast: Euro Traders Remain Cautious Ahead of German CPI

Euro wavers as traders await upcoming inflationary data, while an established short-term directional bias on EUR/USD could present itself post announcements.

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Weekly Fundamental US Dollar Forecast: Inflation Fears Linger; May US NFP Due Friday

The ongoing erosion of US real yields, thanks to rising inflation expectations and stagnant US Treasuries, has proved to be a negative influence on US Dollar.

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Euro Forecast: EUR/USD Price Outlook Positive, Well Placed For More Gains

EUR/USD remains in an uptrend and is in a good position to reach the 1.23 level and then new highs for the year to date as the Eurozone economy improves and coronavirus cases drop.

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Gold Price Outlook: XAU/USD Advance at Critical Juncture

Gold prices continue to surge as treasury yields, real yields and the US dollar dip but the ‘oversold’ metal remains vulnerable to a potential slow-down.

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GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns

GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.

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Crude Oil Prices Eye Key Chart Resistance with OPEC+ Meeting in Focus

Crude oil prices are hovering near a key chart resistance as traders await an OPEC+ meeting scheduled on June 1st. Iranian sanctions remain a wildcard as nuclear talks may cloud the supply outlook.

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Gold Prices Hit Four-Month High as US Dollar, Bond yields Retreat

Gold prices climbed to a four-month high as a weaker US Dollar and falling longer-dated Treasury yields bolstered the appeal of the yellow metal. ETF inflows decelerated last week.

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Dow Jones, Hang Seng, ASX 200 Outlook: Chinese Manufacturing PMI in Focus

Wall Street stocks shrugged off higher-than-expected core PCE inflation data. The Russell 2000 retreated as AMC Entertainment pulled back. Asia-Pacific investors are eyeing Chinese PMI today.

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Markets Week Ahead: Dow, Euro, Dollar, Oil, Bitcoin, RBA Decision, NFPs

Markets were rather uneventful last week with volatility cooling off as we head into the lull of summer, but event risk on the horizon looks plentiful. What's in store for the week ahead?

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Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach

Seasonality may work to slow stock market price action as a drawdown in volume and volatility seep into the market. The major indices have already begun to show symptoms of range-bound price action.

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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Euro Forecast: EUR/USD Price Outlook Positive, Well Placed For More Gains

EUR/USD remains in an uptrend and is in a good position to reach the 1.23 level and then new highs for the year to date as the Eurozone economy improves and coronavirus cases drop.

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Gold Forecast Bright on Weak USD; Silver Eyes Multi-Year High

Gold price action advanced for its fourth-week straight as silver soared to multi-year highs thanks to a stubbornly weak US Dollar. Will gold and silver prices rise further or will Fed hawks stymie...

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Weekly Fundamental US Dollar Forecast: Inflation Fears Linger; May US NFP Due Friday

The ongoing erosion of US real yields, thanks to rising inflation expectations and stagnant US Treasuries, has proved to be a negative influence on US Dollar.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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Bitcoin (BTC), Ethereum (ETH), Alt-Coins - Beware of Weekend Volatility

The 24/7 cryptocurrency market needs to monitored closely over the coming long weekend with volatility levels still high

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Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices

The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.

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Biden Administration Reveals 2021-22 Budget Forecast, Lack of Growth Apparent

The Biden Administration released its forecasted budget for FY 2021-22, highlighted by a strong rebound in employment and underwhelming growth over the next decade.

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GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns

GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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The Scary Fed Number Everyone is Talking About

Volumes across the Federal Reserve’s open markets desk suggest that excess liquidity is being drained from financial markets. Is this the start of the taper?

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Gold Price Reverses at Resistance as Rally Remains Intact

After surging to its highest level since January earlier this week, gold suffered a slight pullback at resistance around $1,920. Alongside technical barriers, a slight rise in Treasury yields may h...

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US Dollar Stays Strong After PCE Inflation, Spending Data

The US Dollar is trading broadly stronger on Friday, but USD price action might look to trim some of its gains following in-line PCE inflation and personal spending data just released.

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Euro Latest: EUR/USD Upside Exhausted, Risking a Pullback

EUR/USD holding support for now. Upside looking exhausted.

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British Pound (GBP) Outlook Remains Positive Going Into The Long Weekend

The British Pound remains bid going into the long weekend after hawkish commentary from Bank of England policymaker Gertjan Vlieghe

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Gold Price Rise May Fizzle as US PCE Data Beckons Fed Action

Gold prices may turn lower having stalled near the $1900/oz figure if US PCE data registers hotter inflation than expected, beckoning the Fed to rethink its stimulus programs.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Euro Technical Outlook: EUR/USD, EUR/CHF Chart Levels

EUR/USD and EUR/CHF are in sensitive technical positions as the month draws to a close. Where to next?

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Nasdaq 100 Retreats as Reddit Retail Frenzy Returns, Hang Seng Index May Climb

The Nasdaq 100 index pulled back as small-cap stocks outperformed larger ones. Reddit traders pushed AMC Entertainment 35% higher. APAC markets look set to open steadily following strong US jobs data.

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Bitcoin (BTC) Analysis: Price Remains Vulnerable Despite Recent Bounce

Bitcoin appears to have settled down following a wave of panic selling and forced liquidations, but the cryptocurrency remains vulnerable in the near-term.

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NZD/USD Aims Higher But US PCE May Spark Volatility on Fed Policy Rethink

NZD/USD is aiming higher as the week draws on, but the upcoming US PCE print may spark a bout of volatility.

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USD/JPY Jumps to Monthly High, US Dollar Eyes PCE Inflation Due

USD/JPY catapulted higher on Thursday as Treasury yields climbed and exacerbated Yen weakness. The US Dollar now looks to the upcoming release of PCE inflation data for direction.

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The Scary Fed Number Everyone is Talking About

Volumes across the Federal Reserve’s open markets desk suggest that excess liquidity is being drained from financial markets. Is this the start of the taper?

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Gold Price Reverses at Resistance as Rally Remains Intact

After surging to its highest level since January earlier this week, gold suffered a slight pullback at resistance around $1,920. Alongside technical barriers, a slight rise in Treasury yields may h...

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Ethereum (ETH/USD) Strength Outshining Bitcoin (BTC/USD) Recovery

Crypto cooled after a massive sell-off, but now that coins are recovering, Ethereum is showing greater strength than Bitcoin. Might this be a sign of what's to come?

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Bitcoin (BTC), Gold, Gamestop (GME) & AMC – FinTwit Trends to Watch

FinTwit is abuzz this week with return of the meme stocks. Bitcoin (BTC/USD), spot gold (XAU/USD) in focus ahead of tomorrow’s PCE data.

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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New Zealand Dollar (NZD) Forecast: NZD/USD, EUR/NZD, NZD/CAD Setups to Watch

NZD Jumps on Hawkish RBNZ Pivot. NZD/USD, EUR/NZD, NZD/CAD levels to watch.

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Bitcoin (BTC), Ethereum (ETH), Alt-Coins - Recovery Remains Fragile, Volatility Stuck at Near-Extremes

The cryptocurrency market is gradually recovering from last week’s clear-out and further consolidation is needed to boost positive sentiment

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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British Pound (GBP) Price Outlook: GBP/USD Challenging Support

GBP/USD is edging lower, with trendline and moving average support both being tested as the US Dollar firms on persistent talk that the Fed will soon start discussing a tightening of monetary policy.

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US Dollar May Rise as Inflation Fears, Fed Outlook Hoard the Spotlight

The US Dollar may rise amid speculation that higher-than-expected inflation readings will prompt sooner-than-expected tapering of Fed monetary stimulus.

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Crude Oil Prices Drop on APAC Viral Resurgence, Iranian Supply Worries

WTI prices pulled back slightly as markets weighed extended restrictions in Japan and renewed lockdowns in Australia’s Victoria state. Concerns about Iranian supply may also limit oil’s upside pote...

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Gold Prices Pull Back From $1,900 as Stimulus Tapering Fears Gear Up

Gold prices retreated for a second day after the NBNZ hinted that it may start hiking rates next year, stoking fears about a wave of central bank tightening. The US Dollar and yields rebounded, wei...

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BTC/USD Recovery Halted on Iran Headlines, but Technicals Hint at More Upside

Bitcoin's recovery from the psychological 30,000 level was interrupted by negative headlines out of Iran. However, the cryptocurrency's technical posture suggest the ride higher may continue.

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S&P 500 Index Gains as Trades Eye US GDP, Nikkei and ASX 200 Climb

The S&P 500 index climbed modestly ahead of the release of US GDP, durable goods as well as initial jobless claims data. Asia Pacific markets are positioned for a steady start as inflation fears ab...

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Australian Dollar Outlook: AUD/USD to Lift if Chinese Industrial Profits Impress?

The Australian Dollar may strengthen if Chinese industrial profits impress the market. AUD/USD eyes 50-day SMA.

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Nasdaq Gains, Russell Outperforms as AMC & GME Go Parabolic

The stock market advanced on Wednesday with the Nasdaq's 0.6% gain lagging the Russell's 2% rise. AMC and GME are back in focus amid parallels of another squeeze-fueled rally in price action.

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US Dollar Price Outlook: Is a USD/CAD Reversal on the Horizon?

USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Declines have left the pair with little support to stand in the way of f...

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Oil Price Forecast: Double Top Formation Intact Ahead of OPEC Meeting

The price of oil may consolidate ahead of OPEC’s Joint Ministerial Monitoring Committee (JMMC) meeting on June 1 as the double top formation remains intact.

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Wall Street CEOs Testify in Washington on COVID Relief, Diversity Efforts

The CEOs of JP Morgan, Goldman Sachs, Citi, and other prominent financial institutions met with Senators on Wednesday to discuss the role banks played in the implementation of various COVID relief ...

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Gold Price Forecast: XAU Bull Flag Breakout Begins to Pull Back

Gold prices put in a major breakout and, so far, haven't looked back. Might a pullback be in order?

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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How to Start Forex Trading in 7 Steps

Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Learn more about what Forex is, how it works and how it compares to other markets.

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AUD/USD Rate Outlook Hinges on RBA Interest Rate Decision for June

AUD/USD may stage a larger rebound ahead of the Reserve Bank of Australia (RBA) interest rate decision for June amid the failed attempts to test the monthly low (0.7675).

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Gold Price Latest - Punching Through Resistance as The Bullish Trend Continues

Gold is currently taking out resistance at $1,900/oz. and is looking to test highs last seen at the start of the year.

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Canadian Dollar Forecast: Pushing to Lower Levels or Correction Ahead?

Exhaustion setting in as CAD stalls despite rising oil prices.

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British Pound (GBP) Price Outlook: Range-Trading Opportunities in GBP/USD

GBP/USD continues to trade sideways around the 1.4150 level and will likely ease back as the price nears its recent highs and rally when it nears the lows.

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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Gold Price Forecast: XAU/USD May Rise Post RBNZ as Fedspeak Remains Dovish

Gold prices climbed, extending April’s bounce amid falling Treasury yields and an RBNZ rate decision that seemed to spark a domino chain that dented the US Dollar. XAU/USD may rise ahead.

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New Zealand Dollar Outlook: RBNZ Catapults NZD/USD on Possible 2H 2022 OCR Hike

NZD/USD jolted higher after the Reserve Bank of New Zealand left benchmark lending rates unchanged in May, but opened the door to a possible hike during 2H 2022.

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DailyFX Forex Trading Course Walkthrough: Part One

While the FX market shares many similarities with other markets, there is considerable nuance that one will want to learn when getting started in Foreign Exchange.

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AUD/USD Remains Fragile as China Pressures Speculation in Iron Ore, Copper

AUD/USD may face further consolidation as metals face mounting pressure from Chinese regulators. April's Westpac Leading Index is in focus.

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New Zealand Dollar Outlook: NZD/USD, AUD/NZD Eye RBNZ Decision

New Zealand Dollar volatility looks likely to accelerate with NZD/USD and AUD/NZD price action in focus headed into the upcoming RBNZ rate decision.

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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Gold Price Surges to Highest Level Since January, Can it Continue?

Gold surged to its highest levels since January as the precious metal set its sights on the $1,900 mark. The rally may be at risk, however, as taper talk from Fed officials could undermine further ...

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Global bond yields have dropped alongside commodity prices, holding back the trio of commodity-linked currencies.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD

The US Dollar set a fresh four-month-low this morning, but some comments from Richard Clarida may have spooked bears.

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Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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RBNZ Rate Decision Preview: Fireworks for NZD/USD?

RBNZ decision likely to provide volatility for the Kiwi, eyes on statement.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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EUR/USD Breaks Out of Narrow Range as Dovish Fed Rhetoric Persists

EUR/USD breaks out of the range bound price action carried over from the previous week as a growing number of Fed officials warn of a transitory rise in inflation.

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Market Sentiment Data Point to Further USD Weakness Ahead | Webinar

Trader confidence is high at present, with the safe-haven US Dollar dropping and stocks still rising. Moreover, IG client sentiment data suggest USD has further to fall.

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USD/CAD Outlook - Support Creaking as US Dollar Weakness Continues

USD/CAD continues to test the psychological 1.2000 level after slipping below the September 2017 swing-low.

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Australian Dollar Forecast: AUD/USD Positives Fade, China Starts FX Intervention

Positives for the Australian Dollar beginning to rollover, however, soft USD keeps AUD/USD underpinned.

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Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

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British Pound (GBP) Price Outlook: GBP/USD to Break Higher if 1.42 Breached

GBP/USD is well placed to extend this month’s rally if the 1.42 level can be overcome on a sustained basis.

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As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

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Gold Price Outlook: XAU/USD Struggles as Bitcoin Rises, Eyes on Fedspeak Ahead

Gold prices struggled capitalizing on a weaker US Dollar and Treasury yields as Bitcoin rallied the most in about 2 weeks. Will dovish Fedspeak rekindle the yellow metal’s momentum?

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Dow Jones Gains, Nasdaq 100 Outperforms Amid Dovish Fedspeak. ASX 200 May Rise

The Dow Jones gained, but the tech-heavy Nasdaq 100 outperformed amid dovish Fedspeak. Australia’s ASX 200 may approach 2020 highs as APAC markets focus on a potentially rosy day.

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Three Women Leaders Changing Finance, Economics and Business

To mark International Women’s Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.

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NZD/USD Bolstered on Bitcoin Leading Sentiment Recovery, RBNZ in View

The New Zealand Dollar is riding higher following a sharp recovery in market sentiment, driven by gains in Bitcoin after comments from Elon Musk lifted the crypto market.

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Crude Oil Outlook: Breakout Ready or Will Iran Risk Weigh?

Crude oil price action spiked nearly 4% higher on Monday to test the upper end of its recent range. Is the commodity gearing up for a breakout or will Iran nuclear deal and covid risks hinder gains?

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Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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Bitcoin Price Jumps as Elon Musk Tweets Progress Toward Renewable Mining

Bitcoin bounced Monday afternoon after Tesla CEO Elon Musk tweeted progress toward Bitcoin mining using renewable energy. The coin’s energy consumption has been a rising concern for many investors.

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NZD/USD Rate Rebound Emerges Ahead of RBNZ Rate Decision

NZD/USD attempts to retrace the decline from the previous week ahead of the Reserve Bank of New Zealand (RBNZ) interest rate decision on May 26.

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Canadian Dollar Forecast: USD/CAD Probes for Low, Loonie Levels

USD/CAD set a fresh seven-year-low last week, and then stalled. Is the prolonged bearish trend due a pullback?

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USD/JPY Attempts to Reverse Ahead of Monthly Low with US PCE on Tap

The update to the US Personal Consumption Expenditure (PCE) Index may influence USD/JPY as the Federal Reserve braces for a transitory rise in inflation.

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Canadian Dollar Positioning Looking Stretched, EUR/USD Bulls Rising - COT Report

USD shorts rise for 5th consecutive week. CAD longs moving to stretched territory, raising correction risks.

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Markets Week Ahead: EUR/USD, Gold, Oil, Bitcoin, Dow, DAX, Inflation, RBNZ

Global markets were choppy and mixed this past week amid signs of deteriorating risk appetite. Cryptos plunged, stocks struggled, oil prices dropped, and gold gained with EUR/USD. Where to next?

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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EUR/USD Price Latest - Stubborn Multi-Month Resistance Remains Dominant

A holiday-thinned start to the week has seen EUR/USD slip lower as the US dollar picks up a very small bid

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Stock Market Holiday Calendar 2020/21

What holiday-related events impact the stock market? Find out in our annual holiday calendar.

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British Pound (GBP) Latest: GBP/USD Bulls Persist, EUR/GBP Upside Risks Rising

GBP bulls remain in control despite slight setback. EUR/GBP upside risks beginning to rise.

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Will the US Dollar, Top Markets Reveal Trend Tilt Amid News Lull?

The US Dollar, other top currencies, and key benchmarks – the Dow Jones, Nasdaq, Treasury bonds and gold – are left adrift by an empty economic docket. Where will they default?

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Crude Oil Prices Climb as Recovery Gathers Pace, Iranion Concerns Ease

Crude oil prices extended higher as strong economic readings brightened the outlook for energy demand. US officials said that many challenges remain for the nuclear talks with Iran, easing concerns...

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Gold Prices at 4-Month High as ETF Inflows Accelerate, Bitcoin Tumbles

Gold prices climbed to fresh four-month highs as a weaker US Dollar and extreme volatility in cryptocurrencies bolstered the appeal of the yellow metal. Gold ETFs saw accelerated inflows in May.

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US Dollar and Yen May Rise as Meme Stocks, Coins Warn of Market Excess

The US Dollar and Japanese Yen may soar thanks to haven demand if traders run for the exits amid a collapse in meme stocks and novelty cryptocurrencies.

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Dow Jones, Hang Seng, ASX 200 Outlook: Strong PMI Data Buoys Markets

A string of upbeat PMI surveys from the US and Europe buoyed the Dow Jones index even as tech shares struggled. Bitcoin slumped further. The Hang Seng Index added 3 new constituents and rebalanced ...

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NZD/USD May Struggle as Bitcoin Plunge Drags Market Sentiment, RBNZ in Focus

NZD/USD may be pressured if a volatile weekend for Bitcoin sours broader market sentiment. The RBNZ rate decision is in focus this week, following New Zealand retail sales data.

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Markets Week Ahead: EUR/USD, Gold, Oil, Bitcoin, Dow, DAX, Inflation, RBNZ

Global markets were choppy and mixed this past week amid signs of deteriorating risk appetite. Cryptos plunged, stocks struggled, oil prices dropped, and gold gained with EUR/USD. Where to next?

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Nasdaq 100 May Start a Catch-Up Rally as Inflation Pressure Eases

Technology stocks cruised into the weekend with a positive mood, as inflationary pressure eased alongside commodity prices. The Nasdaq 100 index is positioned for a catch-up rally if this narrative...

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Crude Oil Forecast: Iran Nuclear Deal Nears, Oil Bulls Unwind

Iran nuclear deal optimism sparks pullback in crude oil prices, but unlikely to derail outlook

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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US Dollar Forecast: Yields, Inflation, Fed Taper Debate Are Key

US Dollar selling pressure prevailed and steered the DXY Index -0.3% lower last week in spite of Fed taper talks growing more heated. Eyes on inflation and yields to gauge where USD heads next.

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Gold Price Outlook: XAU Strength Likely to Continue on Dovish Fed, PCE in Focus

Gold strength may continue in the near term as the Fed stands firm on their transient inflation outlook. Nevertheless, hotter-than-expected PCE figures on Friday pose a potential headwind to XAU/USD.

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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Bitcoin, Ethereum, Alt-Coins - Buyers Beware, Bullish Sentiment Broken, IRS Weighs In

Wednesday’s violent cryptocurrency capitulation has shattered this year’s bull surge and the market may take a long time to recover if it recovers at all

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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

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AUDUSD: The Critical Ingredient for Head and Shoulders Patterns

Head-and-shoulders patterns are some of the most recognizable charting formations, yet there is one element that I consider critical to the practicality of trading it. I highlight the critical dist...

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British Pound Eyes 2021 High Ahead of Bank of England (BoE) Testimony

Fresh remarks from BoE officials may keep the British Pound afloat amid the growing discussion within the central bank to scale back the emergency measures.

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7 Surprising Facts About ECB Powerhouse Christine Lagarde

Christine Lagarde continues to lead the European Central Bank (ECB), paving the way for women in finance

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Bitcoin Price May Be in Peril After Losses Reshape Technical Landscape

Bitcoin suffered staggering losses this week as technical levels gave way and months of gains evaporated in hours. The loss of technical support and risk appetite could see Bitcoin suffer further d...

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Stock Market Forecast: Nasdaq Slides on Strong US PMI Survey

The Nasdaq Composite is pulling back from highs of the week as Treasury yields jump in response to flash US PMI data just released by IHS Markit, which underscored mounting inflationary pressures.

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EUR/USD Outlook: 50-Day SMA Establishes Positive Slope Despite Dovish ECB

Looming developments in the 50-Day SMA (1.1983) may instill a bullish outlook for EUR/USD as the moving average appears to be establishing a positive slope.

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Crypto Mania, Elon Musk, U.S. Dollar – FinTwit Trends to Watch

Cryptocurrencies have been dominating headlines this week with questions being asked of Elon Musk’s influence as well as the persistent weakening of the U.S dollar.

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Gold Price Technical Outlook - Looking at a Topside Break of the Bullish Channel

Gold continues its multi-week push higher with trend resistance coming under increasing pressure

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Euro Latest: EUR/USD, EUR/JPY Price Action Set-Up, EU PMIs Mixed

EUR/USD holding support, while EUR/JPY remains in an uptrend

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British Pound (GBP) Outlook - Strong UK Sales Data Further Underpins GBP/USD

UK households celebrated the re-opening of parts of the economy in April by going on a spending spree, boosting the positive economic outlook narrative.

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Crude Oil Prices May Keep Falling as PMI Data Shows Inflation Swell

Crude oil prices may continue to decline if UK and US PMI data highlight a sharp inflation pickup that may not be as temporary as central bankers now believe.

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US Dollar and Yen May Rise as Meme Stocks, Coins Warn of Market Excess

The US Dollar and Japanese Yen may soar thanks to haven demand if traders run for the exits amid a collapse in meme stocks and novelty cryptocurrencies.

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Gold Price Outlook: XAU/USD Eyeing Markit US PMI Data and Symmetrical Triangle

Gold is eyeing a Symmetrical Triangle as the weekend nears amid fading inflation expectations as commodity prices pull back. XAU/USD is also facing Markit US PMI data.

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Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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Nasdaq 100 Surges on US Jobs Data, Boosting Nikkei 225 and ASX 200

The Nasdaq 100 index rebounded strongly amid favorable jobs data and a weakening US Dollar, as fears about inflation eased. APAC markets look set to trade higher following a positive lead.

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Australian Dollar Outlook: AUD/USD May Reverse Weekly Loss After Positive PMIs

The Australian Dollar is aiming higher on positive PMI figures despite a downbeat jobs report earlier in the week.

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Canadian Dollar Price Forecast: Can USD/CAD Reverse Course and Rally?

USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Now with potential taper talk on the horizon, can USD/CAD reverse higher?

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US Dollar Forecast: EUR/USD, USD/JPY Look to PMI Data & Yields

The US Dollar recoiled -0.5% lower on Thursday as Treasury yields dropped. EUR/USD and USD/JPY price action now eye monthly PMI surveys due following yesterday's FOMC minutes release.

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Bitcoin Price May Be in Peril After Losses Reshape Technical Landscape

Bitcoin suffered staggering losses this week as technical levels gave way and months of gains evaporated in hours. The loss of technical support and risk appetite could see Bitcoin suffer further d...

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Central Bank Watch: Fed Speeches, FOMC Minutes, Interest Rate Expectations Update

Even though higher price pressures have been realized, Fed policymakers have been resolute in their intent on keeping policy on hold at present time.

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Gold Price Rally Pushes RSI Into Overbought Territory

The move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by higher gold prices like the behavior seen in July 2020.

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Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility

Although recent losses have worked to damage risk appetite and shorter-term trendlines, the broader uptrend enjoyed by the Dow Jones remains fully intact. Unless price breaks the trendline, the Dow...

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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USD/CAD Bullish Price Series Intact Ahead of Canada Retail Sales

USD/CAD may stage a larger rebound going into Canada’s Retail Sales report as the series of higher highs and lows from earlier this week remains intact.

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British Pound (GBP/USD) Analysis: Bearish Engulfing Denies Retest of Yearly High

The British Pound sold off slightly vs the US dollar as a bearish engulfing pattern denies test of previous yearly high

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Bitcoin (BTC), Ethereum (ETH) Rally Remains Brittle, Volatility at Extreme Levels

Wednesday’s cryptocurrency crash is being tempered today with the market well above yesterday’s sell-off lows, but volatility is stuck at acute levels

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US Dollar Jump on FOMC Faded, EUR/USD Recovers

FOMC prompts brief USD bid, Euro reclaims 1.22 as bull aim for recent high.

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Crude Oil Price Drop May Continue on Inflation Impact Fears

Crude oil prices may continue to fall amid growing concerns about a sticky inflationary upshift that forces the Fed to pull back on stimulus sooner than expected.

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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Gold Price Forecast: Bitcoin Weakness Fueling XAU/USD Strength?

Gold is trending higher despite the FOMC-induced pickup in Treasury yields. Moreover, speculation continues to brew that Bitcoin weakness may be bolstering the yellow metal.

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Australian Dollar Analysis: AUD/USD Gyrates Following Mixed Jobs Data

AUD/USD is mixed following Thursday’s employment report and a wave of risk-off pressure emanating from Wednesday’s release of FOMC minutes.

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S&P 500 Slides on Fed Tapering Hints, Hang Seng and ASX 200 Open Mixed

The S&P 500 index fell for a third day as the FOMC minutes spooked fears about tapering debates. The US Dollar gained while Bitcoin had a volatile session. The Hang Seng and ASX 200 indexes trade c...

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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Dow Jones Marches Lower After FOMC Minutes, Sentiment Turns to AU Jobs Report

The Dow Jones extended losses seen earlier in the week following the FOMC Minutes. Market sentiment looks at tonight's Australian jobs report.

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Canadian Dollar Price Forecast: Can USD/CAD Reverse Course and Rally?

USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Now with potential taper talk on the horizon, can USD/CAD reverse higher?

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Bitcoin (BTC/USD) Tanks, but Buyers React

Bitcoin prices fell to a three month low as speculative mania took a rest. Buyers showed up in droves to elicit a strong bounce, highlighting the volatile nature of speculative assets

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Oil Price Forecast: Crude Establishes Double Top Formation in May

The price of oil appears to have established a double-top formation following the failed attempt to test the March high ($67.98) as it snaps the opening range for May.

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EUR/USD Sinks as FOMC Minutes Show Threat of Fed Tapering

EUR/USD price action is sliding sharply lower in response to the latest FOMC minutes, which detailed how some officials see taper talks starting at upcoming Fed meetings.

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EUR/USD Bullish Price Series Intact After Clearing February High

EUR/USD may continue to exhibit a bullish behavior after clearing the February high (1.2243) as it extends the series of higher highs and lows from earlier this week.

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USD/CAD Outlook - Daily Price Chart Hints at a Reversal, All Eyes on The Fed Minutes

USD/CAD continues to teeter on the edge with a break below 1.2000 possible. One chart signal however suggests a reversal may be forming.

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Crypto Meltdown Continues - Bitcoin (BTC/USD) Slumps Below $40,000, Ether (ETH/USD) Gives In To Sellers

Cryptocurrencies accelerate losses as China bans digital currencies as a form of payment

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British Pound (GBP) Latest: GBP/USD Challenges Peak, EUR/GBP Unlikely to Break Out

GBP backdrop remains encouraging for now. YTD peak in focus.

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US Dollar May Rise if FOMC Minutes Reveal Inflation Debate

The US Dollar may rise if minutes from April’s FOMC meeting reveal policymakers are debating whether the recent inflationary uptick will be lasting.

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Michael Burry ‘Big Short’ on Tesla Stock Revealed Ahead of Key FOMC Minutes

‘Big Short’ famed Michael Burry revealed $534 million Tesla puts ahead of the FOMC meeting minutes. Is the stock vulnerable?

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Crude Oil Prices Fall as US-Iran Nuclear Talks, Stockpiles Eyed

Crude oil prices fell for a second day as markets weighed progress in US-Iran nuclear talks. US crude inventories climbed less than expected amount last week, buoying the outlook for energy demand.

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Gold Prices Test Key Chart Resistance on Weaker Dollar, FOMC Minutes Eyed

Gold prices are challenging a key resistance level at $1,875 and may be facing some selling pressure. A weaker US Dollar and rising inflation expectations are lending support to bullion prices.

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Bitcoin, Litecoin Aim Higher After Cryptos Get Musked Over Weekend

Bitcoin and Litecoin are moving higher after Tesla CEO Elon Musk's Twitter dealings injected volatility into the crypto market.

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S&P 500 Index Retreats as Energy Stocks Fall, Nikkei 225 and ASX 200 May Follow

The S&P 500 index retreated for a second day as investors mulled inflationary pressures ahead of the release of April’s FOMC minutes. Crude oil fell on US-Iran nuclear talks. APAC markets look set ...

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AUD/USD Rises with Iron Ore as Westpac Consumer Confidence Looms

The Australian Dollar is gaining against the US Dollar as rising iron ore helps boost the Aussie Dollar. Westpac Consumer Confidence is in focus.

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Gold Price Forecast: XAU/USD Bid on Weak Dollar, Softer Yields

Gold price action (XAU/USD) added to its string of gains on Tuesday. US Dollar weakness and lower real yields have helped propel the precious metal higher, but can gold bulls maintain the bid?

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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USD/CAD Analysis: Loonie Strength Continues Ahead of Key Inflation Data Release

USD/CAD has been on a tear of late, with “post-taper” Loonie strength propelling the pair to lows not seen since 2015.

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Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility

Although recent losses have worked to damage risk appetite and shorter-term trendlines, the broader uptrend enjoyed by the Dow Jones remains fully intact. Unless price breaks the trendline, the Dow...

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NZD/USD Rate Holds Above 50-SMA to Target March High

NZD/USD may attempt to test the March high (0.7307) as the exchange rate reverses ahead of the monthly low (0.7115) to hold above the 50-Day SMA (0.7139).

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How to Start Forex Trading in 7 Steps

Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Learn more about what Forex is, how it works and how it compares to other markets.

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US Dollar Outlook: DXY Index Hammered as Treasury Yields Ebb

US Dollar bears have driven the broader DXY Index sharply lower to trade at its weakest level in 12-weeks. USD selling pressure likely follows softer Treasury yields as inflation, Fed taper fears w...

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Tesla, ARKK, Nasdaq 100 and S&P 500: Varying Stages of the Cycle

Are we nearing a major market turn as inflation prints beyond expectations? If so, gyrations inside of US equities may be showing us something.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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AUD/USD Rate Reverses Ahead of Monthly Low to Eye February High

AUD/USD may stage another attempt to test the February high (0.8007) as the exchange rate appears to be reversing course ahead of the monthly low (0.7675).

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DAX 30 Storms to Record High, EUR/USD Breaks Above 1.22 as Bullish Momentum Builds

Risk-on momentum returns as European assets reach for new highs

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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Gold Price Forecast: Gold Break Out as Bulls Take Charge, FOMC Minutes Eyed

Gold bulls firmly in charge as softer USD and falling real yields underpin. FOMC minutes in focus.

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British Pound (GBP) Outlook - GBP/USD Looking at a New Three-Year High

A combination of US dollar weakness and Sterling strength is pushing GBP/USD back towards levels last seen in April 2018.

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Crude Oil Price Trend May Reverse, API Data and FOMC Minutes Eyed

Crude oil prices may turn lower – forming a bearish Double Top trend reversal pattern – as April’s FOMC meeting minutes shape Fed stimulus withdrawal bets.

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Three Women Leaders Changing Finance, Economics and Business

To mark International Women’s Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.

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Bitcoin, Litecoin Aim Higher After Cryptos Get Musked Over Weekend

Bitcoin and Litecoin are moving higher after Tesla CEO Elon Musk's Twitter dealings injected volatility into the crypto market.

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Gold Price Outlook: Will XAU/USD Overturn the Medium-Term Downtrend?

Gold is trying to extend the near-term uptrend, capitalizing on a weaker US Dollar and rising inflation expectations. XAU/USD is facing key technical barriers ahead, will they hold?

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Nasdaq 100 Retreats on Inflation Concerns, Nikkei 225 and ASX 200 Open Higher

The Nasdaq 100 index pulled back slightly on Monday as inflation concerns weighed on sentiment. Gold and crude oil climbed amid USD weakness. Bitcoin slumped. Asia-Pacific markets opened higher.

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Japanese Yen Analysis: USD/JPY Points Higher as GDP Data Misses Expectations

The Japanese Yen could be at risk following a disappointing gross domestic product (GDP) print from Japan as USD/JPY eyes an Ascending Triangle chart pattern.

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AUD/USD May Rise on RBA Minutes as Australian Dollar Tracks Higher Commodity Prices

AUD/USD may rise following the Reserve Bank of Australia Minutes, as rising commodity prices cushion Aussie Dollar sentiment.

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Bitcoin, Ethereum, Dogecoin Moving Mainstream as Hollywood's Elite Embrace Crypto

Bitcoin, Dogecoin, and Ethereum have dominated the headlines in recent months as celebrities like Elon Musk and Mark Cuban tout blockchain technology as the “future of currency.”

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Cardano Cryptocurrency (ADA) Outlook: Green Bitcoin Alternative for Tesla?

Cardano (ADA) on the rise as Ethereum-inspired Alt coins offers a green alternative to Bitcoin

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Bitcoin (BTC), Ethereum (ETH) Back Down After Wild Weekend

While many markets are closed on the weekends, crypto markets have most definitely remained on the move.

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EUR/USD Eyes February High Again as Dovish Fed Rhetoric Persists

EUR/USD may stage another attempt to test the February high (1.2243) as a growing number of Federal Reserve officials warn of a transitory rise in inflation.

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How to Start Forex Trading in 7 Steps

Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Learn more about what Forex is, how it works and how it compares to other markets.

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Gold Price Forecast: Gold Breaks Bull Flag - Can Buyers Maintain?

Gold prices have jumped to a fresh three-month-high, breaking above resistance from a bull flag formation.

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USD/JPY Mirrors Decline in US Treasury Yields Ahead of FOMC Minutes

USD/JPY continues to pullback from the monthly high (109.79) ahead of the FOMC Minutes to largely mirror the recent weakness in longer-dated US Treasury yields.

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Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes

The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe...

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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US Dollar Selling Persists, CAD Bulls Largest Since Late 2019 - COT Report

US Dollar selling shows little signs of easing. GBP & CAD inflows the key drivers.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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British Pound (GBP) Outlook - GBP/USD Braced as UK Re-Opening Continues

Nearly 70% of the adult population have had at least one covid-19 jab as the UK continues to re-open, boosting hopes of a stronger economic rebound.

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BTC/USD Bounces Back as Elon Musk Denies Tesla Sold Bitcoin Holdings

Bitcoin jumps after a weekend of heavy selling as Musk denies Tesla sold its holdings

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Crude Oil Prices Struggle as Viral Resurgence Clouds Asia's Demand Outlook

Crude oil prices struggled during Monday’s Asia-Pacific session as viral resurgence in the Asia-Pacific dampened the energy demand outlook. WTI is eyeing a key chart resistance at $ 66.50.

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Cardano Cryptocurrency (ADA) Outlook: Green Bitcoin Alternative for Tesla?

Cardano (ADA) on the rise as Ethereum-inspired Alt coins offers a green alternative to Bitcoin

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Gold Prices at 14-Week High as Yields Fall, Chinese Buyers Return

Gold prices surged to a 14-week high as the 10-year Treasury yield fell for a third day. Inflation fears and viral resurgence bolstered the appeal of the yellow metal, as Chinese buyers returned to...

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Dow Jones, Hang Seng, ASX 200 Outlook: Tech Rebound Bolsters Risk Appetite

Wall Street stocks closed broadly higher, setting a positive tone for Asia-Pacific markets at the weekly open. April retail sales growth fell short of expectations, cooling fears about tapering Fed...

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AUD/USD Eyes Chinese Economic Data as Sentiment Cautiously Improves

AUD/USD aims higher as several potentially hard-hitting economic events out of China are set to cross the wires. Meanwhile, market sentiment remains on fragile footing after last week.

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Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes

The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe...

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Stock Market Forecast for the Week Ahead: Will Risk Appetite Recover?

US equities endured turbulent price action last week and could be positioned for further volatility as fundamental forces butt heads and investors look to negotiate the shifting landscape.

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Mexican Peso Weekly Forecast: USD/MXN Drops as Markets Price in Rate Cut Despite Banxico Dismissal of Inflation

USD/MXN drops to 4-month low as odds of a rate cut by December 2020 rise to 50%.

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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Euro Forecast: EUR/USD May Struggle if Dovish ECB Talks Numb Data Reactions

The Euro eyes Eurozone GDP, inflation and PMI data next week. However, still-dovish ECB commentary from top officials may dampen the impact of better-than-expected outcomes on EUR/USD.

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Gold Price Forecast: Bullion Susceptible to Dovish FOMC Minutes

The Federal Open Market Committee (FOMC) Minutes may drag on the price of gold as the central bank appears to be in no rush to switch gears.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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US Dollar Forecast: Greenback Takes Aim at FOMC After Weak Retail Sales

The US Dollar finished off an eventful week after CPI and retail sales injected volatility into markets. FOMC is now in the Greenback's sights as taper talks linger.

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DailyFX Forex Trading Course Walkthrough: Part One

While the FX market shares many similarities with other markets, there is considerable nuance that one will want to learn when getting started in Foreign Exchange.

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Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) - Sharp Bounceback After Another Elon Musk Tweet

Tesla boss Elon Musk is seemingly running the cryptocurrency market single-handed this week with his tweets prompting a massive sell-off before today’s sharp rally.

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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South African Rand Dollar Price Forecast: USD/ZAR Inflationary Battle Persists Ahead of SARB and FOMC

The South African Rand maintains its strength but stalls as the battle for the imminent move persists

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Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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GBP/USD Weekly Forecast: GBP/USD Eyes Yearly Peak, EUR/GBP Holds Range

GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.

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Nasdaq, Bitcoin, Inflation – FinTwit Trends to Watch Next Week

Inflation has been the talk of town this past week and stands to be a dominant theme going forward. Nasdaq and Bitcoin extend their slides and are two trending markets on FinTwit worth watching.

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7 Surprising Facts about Janet Yellen

Janet Yellen is probably the most qualified Fed Chair in history and boasts an impressive stamp collection, too. Find out more about the Yellen

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US Dollar Weakness Unfazed by Consumer Confidence, Inflation Expectations

A consumer confidence report from the University of Michigan has left USD weakness largely unchanged, despite a tick higher in consumer inflation expectations.

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EUR/GBP Price Outlook - Trading Range Continues to Offer Opportunities

EUR/GBP remains within a multi-week trading range with little on the horizon to trigger a break, one way or the other

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European Equities Technical Outlook: DAX 30, IBEX 35

European equities attempt to reverse their losses as focus shifts to US retail sales

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Dogecoin (DOGE) Rallies Sharply on Elon Musk Co-operation, Coinbase Adoption News

Dogecoin has jumped by over 20% today after Tesla boss Elon Musk said that he is working with Doge developers to improve ‘transaction efficiency’

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Australian Dollar Forecast: Key AUD/USD Levels to Watch

AUD/USD indecision as support stems further declines, however, falling iron ore prevents AUD recovery.

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Bitcoin, Ethereum, Dogecoin Moving Mainstream as Hollywood's Elite Embrace Crypto

Bitcoin, Dogecoin, and Ethereum have dominated the headlines in recent months as celebrities like Elon Musk and Mark Cuban tout blockchain technology as the “future of currency.”

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Gold Price Forecast: Will XAU/USD Shrug off a Higher US Retail Sales Outcome?

Gold prices are trying to recover recent losses heading into key US retail sales and sentiment data. Will the Fed’s dovish tone numb a market reaction to unexpectedly better data?

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Crude Oil Prices May Fall as US Retail Sales Data Shapes Fed Outlook

Crude oil prices may continue to fall after suffering the largest daily drop in six weeks as US retail sales data stokes speculation about a sooner-than-expected Fed policy pivot.

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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S&P 500 Index Rebound May Offer Relief for Nikkei 225 and ASX 200

The S&P 500 index reversed a three-day loss amid favorable jobs data and falling commodity prices, which cooled inflation fears. APAC markets look set to trade higher following a positive lead. Dog...

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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NZD/USD Rises After Rate Bets Ease, Business NZ PMI in Focus

The risk-sensitive New Zealand Dollar rose as rate trades eased and Wall Street gained. NZD saw a positive print in New Zealand's business PMI.

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US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields

The US Dollar traded broadly sideways on Thursday as bulls paused the rally amid softer Treasury yields. Will retail sales and consumer sentiment data stoke inflation fears and a bid beneath the DXY?

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint

Nasdaq 100, S&P 500, and Dow Jones end Thursday higher following three straight days of declines, as Disney reported disappointing revenue and Disney+ subscriber numbers.

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S&P 500 Forecast: Stocks at Risk Following Major Trendline Break

As inflation fears erode risk appetite, the S&P 500 could experience further volatility puttingstock valuations at risk of further declines. A major trendline break on the S&P 500 might accelerate ...

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USD/MXN Continues Lower as Bank of Mexico Leaves 4.0% Rate Steady

The Bank of Mexico on Thursday kept its benchmark lending rate at 4.0%, as expected. USD/MXN was largely unchanged on the news but continued its drift lower.

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USD/CAD Faces RSI Buy Signal After Clearing September 2017 Low

The Relative Strength Index (RSI) indicates a textbook buy signal for USD/CAD as the oscillator climbs out of oversold territory and pushes above 30.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Shiba Inu: ‘Dogecoin Killer’ Slayed after Tesla Bitcoin Ban

Shiba Inu ‘Dogecoin Killer’ soars after Elon Musk’s SNL performance, but gets slayed after Tesla’s Bitcoin reversal.

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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

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Oil Price Stuck in May Opening Range After Failing to Test March High

The price of oil appears to be stuck within the opening range for May amid the failed attempt to test the March high ($67.98).

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Bitcoin (BTC) and Ethereum (ETH) Crushed, DogeCoin (DOGE) Slumps 20% as Tesla Halts Bitcoin Payments

A huge wave of selling in the cryptocurrency market has triggered double-digit losses in a wide range of coins, snapping the recent bull run

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Canadian Dollar Forecast: USD/CAD, CAD/JPY Risk of Reversal Rising

USD/CAD eyes on BoC Governor Macklem, CAD/JPY topside looking stretched.

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Is Gold a Good Inflation Hedge? - XAU/USD Rejected at Key Trendline, Focus on US PPI

Gold pulls back from key trendline as inflation data sees USD pick up momentum

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US Dollar May Rise Further as PPI Data Stokes Inflation Fears

The US Dollar may continue to push higher if PPI data tops forecasts, stoking worries about runaway price growth that forces sooner Fed stimulus withdrawal.

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Crude Oil Prices at Risk if US PPI Data Echoes the Consumer Inflation Beat

Crude oil prices are at risk after a surprisingly strong US CPI report. A similar outcome from PPI data ahead may further pressure WTI lower as the Colonial Pipeline restarts.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Gold Price Forecast: XAU Eyes US Retail Sales After CPI Boosts Fed Rate Bets

Gold prices may look towards US retail sales and consumer confidence data for direction after a surprising inflation report drove sharp volatility.

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Dow Jones, Nasdaq 100, Nikkei 225, ASX 200 Outlook Vulnerable After 2008 High US CPI

The Dow Jones, Nasdaq 100 and S&P 500 sank after US consumer prices rose the most since 2008, bringing forward Fed policy tapering bets. The Nikkei 225 and ASX 200 appear vulnerable.

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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Bitcoin (BTC) Plunges on Tesla Bitcoin Suspension, AUD/USD Spars USD Strength

Bitcoin plunged after Tesla CEO Elon Musk announced that the company is suspending the acceptance of Bitcoin for purchases. Meanwhile, AUD/USD struggles against a sharply strong US Dollar.

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Ethereum (ETH) Continues to Outshine Bitcoin (BTC) Performance

Ethereum price action has edged lower with other major cryptocurrencies like Bitcoin, but Ethereum continues to dominate the broader crypto space as highlighted by the ETH/BTC ratio.

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Gold Price Forecast: Can Gold Stage a Major Breakout?

Gold has rallied to the topside of its downtrend and white-hot inflation data could help spur the precious yellow metal higher. Can gold stage a breakout to snap its 8-month downtrend?

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AUD/USD Pullback Eyes 50-Day SMA as Bearish Price Series Emerges

The decline from the monthly high (0.7891) has push AUD/USD towards the 50-Day SMA (0.7708) as the exchange rate carves a series of lower highs and lows.

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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Nasdaq Extends Slide, Bond Yields Spike on Fed Taper Fears

The Nasdaq is extending its slide and leading the broader stock market lower as bond yields turn sharply higher in response to red-hot inflation data and fears of an expedited Fed taper timeline.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP

The recent rally in EUR/USD appears to have stalled ahead of the February high (1.2243) as the exchange rate snaps the series of higher highs and lows from last week.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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US Dollar Rockets Higher as Inflation Spikes to 4.2% in April

The US Dollar is ripping sharply higher in response to red-hot inflation data just crossing market wires. Headline and core CPI came in at 4.2% and 3.0%, which could up the ante for Fed taper talks.

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Elon Musk Hints at Tesla DOGE Alliance but Lands Short of the Moon

Elon Musk’s latest Dogecoin tweet spurs volatility amid speculation that Tesla may adopt Dogecoin as another method of payment

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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US Dollar (DXY) Forecast - US CPI and UST 10-Year Sale Hold Sway Over the USD

The latest look at US inflation today is followed by a hefty 10-year US Treasury auction, adding fuel to an already volatile session.

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FTSE 100 Price Outlook: Fibonacci Level Offers Support as Attention Shifts to US CPI

The FTSE 100 retraces three weeks of steady gains as inflation concerns cause equities to drop

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GBP/USD Shrugs at UK GDP, May Drop on US CPI Data

The British Pound may fall against the Dollar having been mostly unimpressed with better-than-expected UK GDP data as the spotlight turns to US inflation figures.

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Gold Prices Fall as USD and Yields Creep Higher Before Inflation Data

Gold prices retreated from a three-month high as the US Dollar strengthened alongside the 10-year Treasury yield. Wednesday’s US inflation data will be closely eyed by bullion traders.

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Crude Oil Prices Hold Gains as Stockpiles Fall, OPEC Lifts Demand Outlook

Crude oil prices are supported by falling inventories and demand optimism from OPEC during Wednesday’s APAC trade. The Colonial pipeline outage and US inflation data are in focus.

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Euro Technical Forecast: EUR/USD, EUR/AUD, EUR/JPY Charts to Watch

The Euro's technical posture against the US Dollar, Japanese Yen and Australian Dollar shows potential for near-term directional shifts. Here are the EUR/USD, EUR/AUD and EUR/JPY levels to watch.

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Dow Jones Retreats as Inflation Heats Up, Hang Seng and ASX 200 in Sour Mood

The Dow Jones index fell for a second day as inflation angst spread from tech to growth and value sectors ahead of US data. The Hang Seng and ASX 200 indexes may follow lower.

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Bitcoin, Ethereum, Dogecoin Moving Mainstream as Hollywood's Elite Embrace Crypto

Bitcoin, Dogecoin, and Ethereum have dominated the headlines in recent months as celebrities like Elon Musk and Mark Cuban tout blockchain technology as the “future of currency.”

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British Pound Forecast: GBP/AUD, GBP/CAD, GBP/NZD Rates

GBP/AUD remains rangebound, while GBP/CAD and GBP/NZD continue to coil ever more into their triangular consolidations.

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Stock Market Forecast: Is the Nasdaq 100 At Risk of Deeper Declines?

Volatile price action has seen the Nasdaq 100 fall precipitously to start the week as rising Treasury yields and inflation concerns pressure technology stocks. Losses have seen the index crater to ...

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What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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USD/MXN Price Outlook: Mexican Peso Eyes Banxico Rate Decision

USD/MXN price action is in the crosshairs headed into the Banxico interest rate decision due later this week. Dollar-Peso volatility could also accelerate in response to US inflation data on deck.

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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NZD/USD Rate Outlook Mired by Failure to Test March High

The failed attempt to test the March high (0.7303) may generate range bound conditions in NZD/USD as it snaps the series of higher highs and lows from the previous week.

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Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

The BOE and the ECB won’t meet again for six weeks. Nevertheless, speculation around what they may do next continues to drive markets.

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Bitcoin Price Forecast: BTC/USD Threatens Bearish Reversal on Wedge Break

Bitcoin is at risk of a larger downturn after breaking beneath support to start the week. As a result, bulls may seek out secondary support from psychological levels and recent lows alike.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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USD/CAD Eyes September 2017 Low as RSI Sits in Oversold Zone

The oversold reading in the Relative Strength Index (RSI) may continue to coincide with a further decline in USD/CAD like the behavior seen in December.

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USD/ZAR Forecast: South African Rand Watchful Ahead of U.S. Inflation

U.S. inflation fears may prolong Rand strength and potentially breach January 2020 lows on USD/ZAR.

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Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail?

There’s a lot of chatter among market participants about the state of the US housing market.

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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Nasdaq 100 (NDX) Crumbles as US Inflation Fears Re-Ignite

A heavy sell-off overnight in the Nasdaq 100 has gathered pace in Europe with tech heavyweights registering further losses

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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DAX, EUR Update - Reflation Trade Back On After Nasdaq Meltdown, USD Attempting Comeback

Inflation concerns revive the reflation trade, causing tech stocks to unwind some of their gains

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British Pound May Extend Sharp Rise with Queen's Speech in Focus

The British Pound may continue to build higher after scoring the largest one-day rise in 14 months if the Queen’s Speech encourages BOE stimulus withdrawal bets.

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Gold Price Outlook Turns to Fed Speak After Consumer Inflation Expectations Jitter

Gold prices gave up gains as the Fed’s consumer inflation expectations survey unnerved financial markets. Will the central bank’s commentary rekindle XAU/USD’s momentum ahead?

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Crude Oil Price Eyes EIA Report as Pipeline Shutdown, India Fog Outlook

Crude oil prices are moving slightly lower as a major supply shock in the United States continues. Meanwhile, crude oil is forming an Ascending Wedge, potentially threatening recent gains.

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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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Nasdaq 100 Tumbles on Inflation Fears, Nikkei 225 and ASX 200 May Fall

The Nasdaq 100 index tumbled on Monday as rising inflation concerns catalyzed profit-taking activity among the tech stocks. Asia-Pacific markets may follow a sour US lead lower.

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AUD/USD Eyes Chinese Inflation Amid Iron Ore Strength, US Dollar Fragility

AUD/USD is slightly weaker but remains near multi-month highs as the currency pair eyes Chinese inflation data amid surging iron ore prices and a weak US Dollar.

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Gold Forecast: Gold Volatility Surging as Real Yields Tumble

Gold price volatility is heating up as outlook for the precious metal improves. This has largely mirrored lower real yields - the difference between nominal interest rates and inflation expectations.

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Bitcoin Price Forecast: BTC/USD Threatens Bearish Reversal on Wedge Break

Bitcoin is at risk of a larger downturn after breaking beneath support to start the week. As a result, bulls may seek out secondary support from psychological levels and recent lows alike.

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USD/JPY Pares Post-NFP Decline as US Treasury Yields Recover

USD/JPY attempts to retrace the bearish reaction to the US Non-Farm Payrolls (NFP) report amid the rebound in longer-dated US Treasury yields.

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FX Week Ahead - Top 5 Events: Chinese, German, US Inflation Rates; Banxico Rate Decision; US Retail Sales

The second week of May sees a global focus in the first half and a North American focus in the second half.

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US Dollar Draws Near Key Support; EUR/USD to Two-Month Highs

It's been a fast and aggressive move of USD-weakness so far in Q2, but the Greenback has come to a key area on the chart around the 90-handle in DXY.

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USD/CHF, USD/SEK Lose 2021 Uptrends; USD/NOK Retains Bear Flag Breakout Posture

The US Dollar continues to struggle against a basket of European currencies.

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Gold Price Approaches 200-Day SMA for First Time Since February

The price of gold appears to be on track to test the 200-Day SMA ($1851) for the first time since February after establishing a double-bottom formation in March.

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Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment

Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5...

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USD/CAD Price Falls Further, Multi-Year Low Nears

USD/CAD is fast approaching lows last seen in September 2017 and there is little in the way of support to stop the pair from going sub-1.2000

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Altcoins Surge as Bitcoin Falls Behind - Ethereum at New Record High, Dogecoin Attempts to Recover from SNL

Altcoins build on Bitcoin weakness, Ethereum keeps up strong momentum

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As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

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British Pound (GBP) Outlook: GBP/USD, FTSE 100 Power Ahead as UK Re-Opening Continues

Fresh from a strong set of UK election results, UK PM Boris Johnson will outline further plans for re-opening the UK economy later today.

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Mexican Peso Weekly Forecast: NFP Miss Helps USD/MXN Break Lower, Banxico Meeting in Focus

USD/MXN breaks below the 20 pesos mark as disappointing NFP figures cause the Dollar to dip

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Crude Oil Prices Climb on Major US Pipeline Disruptions, Weaker USD

Crude oil prices climbed during Monday’s Asia-Pacific session as a cyberattack on the largest US oil pipeline raised concerns about a near-term supply shortage. A weaker US Dollar also buoyed commo...

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Gold Prices at 3-Month High amid USD Weakness after Big NFP Miss

Gold prices surged to a 3-month high as the DXY US Dollar index fell to a 10-week low. April’s nonfarm payrolls report came far below market expectations, cooling fears about tapering Fed stimulus.

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US Dollar Outlook: USD/SGD, USD/THB, USD/PHP, USD/IDR May Fall on Dovish Fed Speak

The US Dollar may fall versus ASEAN currencies if dovish Fed speak extends the boost in sentiment after a huge miss in non-farm payrolls. USD/PHP is eyeing the Philippine Central Bank.

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Dow Jones, Hang Seng, ASX 200 Outlook: Big NFP Miss Defies Tapering Fears

Wall Street stocks closed broadly higher as April nonfarm payrolls data fell sharply below expectations, cooling fears about tapering Fed stimulus. The US Dollar fell to a 10-week low, buoying prec...

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Australian Dollar Forecast: AUD/USD to Rise on Prevailing Sentiment?

AUD/USD looks to start the week on a positive tone after last week's US NFP miss increased the expected timeline on ultra-loose global monetary conditions.

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment

Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5...

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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Will Dow Jones Outperform Nasdaq 100 as Inflation Debates Heat Up?

Optimism about post-Covid recovery drove capital from tech and into cyclical sectors, boosting the Dow Jones and pulling down the Nasdaq 100. Inflation expectations hit a multi-year high. Will this...

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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Euro Forecast: EUR/USD Price Outlook Still Positive, Reaching for 1.22

Last week ended well for EUR/USD, with Friday’s shockingly poor US jobs data giving it a lift, and this week could well see its advance extend if it can break conclusively above resistance at 1.2150.

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Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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Gold Price Forecast: Falling Real Rates, Inflation Concerns to Buoy XAU/USD

Falling real rates of return and rising inflation concerns may continue to drive bullion prices higher in the near term, as attention turns to April’s inflation and retail sales data.

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US Dollar Weekly Outlook - US NFPs Massive Miss, Heavyweight Data Next Week Will Steer the US Dollar

The US dollar rattled lower after a huge downside miss in the latest Jobs Report, will look to a clutch of heavyweight data releases to shape its near-term direction.

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Bitcoin (BTC) Rallying Back, Ethereum (ETH) and The Alt-Coin Market Soar to Record-Breaking Highs

Another week of record breaking gains in the alt-coin space, while Ethereum (ETH) continues to print fresh highs and eats into Bitcoin’s (BTC) market dominance.

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Australian Dollar Outlook: AUD/USD May Rise on Dovish Fed Speak After Huge NFP Miss

The pro-risk Australian Dollar may extend gains after the record miss in US jobs data, amplifying dovish rhetoric from the Federal Reserve and keeping the Dow Jones and S&P 500 intact.

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Bitcoin, DOGE, Ethereum: Resilient ahead of Elon Musk SNL Appearance

Elon Musk’s Saturday Night Live (SNL) appearance has DOGE, Bitcoin and Ether on High Alert

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Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail?

There’s a lot of chatter among market participants about the state of the US housing market.

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British Pound Forecast: UK GDP Report to Go Unnoticed as BoE Tapers QE

The UK GDP report may generate a limited reaction in GBP/USD as the Bank of England (BoE) slows the pace of its weekly asset purchases.

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Meme Stocks: What are They and Why are They so Popular?

Meme stocks witnessed exponential rises in share price. Find out why and what the risks are?

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Dogecoin, Tesla, GameStop – FinTwit Trends to Watch Next Week

Dogecoin ($DOGE), Tesla ($TSLA), and GameStop ($GME) are three trending markets on FinTwit that traders might want to keep close tabs on in the week ahead.

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Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes

The S&P 500 and Dow Jones pushed to new heights following a disappointing non-farm payroll report. The data miss and subsequent market reaction may suggest Fed tapering fears have eased.

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USD/CAD Snaps Lower as Big Miss on NFPs Fuels Weaker US Dollar

USD/CAD price action is back under pressure as the major currency pair snaps 30-pips lower to erase intraday gains in response to a big miss on monthly nonfarm payrolls data just released.

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How the COVID-19 Pandemic is Disrupting India’s Gold Demand

With COVID-19 cases rising in India, local gold demand has taken a hit. How will this affect the price of gold in Q2?

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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FTSE 100 Price Outlook - Multi-Month Rally Boosted by UK Local Election Results

The FTSE 100 hit a fresh 14-month high in early trade as the ruling UK Conservative Party won the previous Labour stronghold of Hartlepool for the first time.

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EUR/GBP Holding to Ascending Triangle, Awaiting Scottish Election Results

EURGBP bounces higher after BoE meeting, with focus on whether SNP get a majority in Scotland

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Gold Prices May Retreat as US Jobs Data Flags Sticky Wage Inflation

Gold prices surged before April’s US jobs report but the move may unravel if wage inflation proves stickier than expected, stoking bets on sooner Fed stimulus withdrawal.

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Indian Rupee Gains May Not Last After Banking System Dollar Glut, USD/INR Eyes CPI

The Indian Rupee has been rising despite a surge in local Covid cases, owing to rising yields amid a temporary flood of US Dollars into the banking system. INR remains at risk, eyeing CPI data.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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Trouble for EUR/CAD, EUR/NOK: Q2 Top Trading Opportunities

The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian Krone and Canadian Dollar in the first quarter of 2021. These losses appear to stem from the divergence in...

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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AUD/USD Gains May Extend on China PMIs After Discounting AU-China Tensions

AUD/USD is tracking higher despite an overnight drop as tensions between China and Australia heat up further. Today's PMI prints out of China, and the RBA policy statement may move sentiment.

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US Dollar Outlook: USD/CAD Volatility to Rise, Jobs Data Looms

The US Dollar snapped notably lower during Thursday's trading session led by EUR/USD strength and USD/CAD weakness. USD/CAD price volatility might accelerate with high-impact jobs data due.

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Bitcoin Price Forecast: BTC Battles Resistance as Altcoins Siphon Demand

Bitcoin is grappling with resistance as altcoins like Doge rocket higher. While BTC remains the largest coin by market cap, surging prices elsewhere have begun to steal its appeal.

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