Crude Oil Forecast: OPEC+ May Shelve Output Increases as Covid Dents Demand

Crude and Brent oil benchmarks dropped in August as Covid-related demand fears dragged on sentiment. Energy traders are keenly focused on this week's OPEC+ decision, which may see supply reigned ba...

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AUD/USD Gains on Solid GDP Beat, Will Australian Dollar Continue Higher?

The Australian Dollar moved higher immediately after local GDP numbers were released for the second quarter. Will AUD/USD test resistance?

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Dow Jones Ends Solid Month on a Downbeat as ASX 200 Focuses on a Rising Wedge

The Dow Jones weakened to wrap up a solid month for stocks on Wall Street. Ahead, Australia’s ASX 200 may look past local GDP data as the focus remains on Covid cases and a Rising Wedge.

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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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Australian Dollar Forecast: AUD/USD Eyes Q2 GDP to Kick Off September Trading

The Australian Dollar finished August with a loss against the US Dollar. AUD/USD is eyeing Australia's second-quarter GDP print today to kick off the new trading month.

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Nasdaq 100 Forecast: Stocks Retreat Slightly to Round Out a Strong August

Major US equity indices finished lower on Tuesday as risk assets took a breather following Monday's robust move higher.

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S&P 500 Shines in August but Could Face Headwinds in September. Why?

The S&P 500 rises 2.9% in August to mark its seventh consecutive monthly gain, but equities could pull back in September on the prospect of tax hikes and monetary tightening.

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Bitcoin Support, Ethereum Breaks Out; Solana and Cardano the Focal Points

Non-fungible tokens continue to drive moves in the crypto space with Solana jumping by 90% in less than a week.

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USD/CAD Reverses Ahead of 200-Day SMA as Canada GDP Contracts

USD/CAD appears to have reversed course ahead of the 200-Day SMA (1.2539) as Canada’s GDP report shows an unexpected contraction in the second quarter of 2021.

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Gold Price Outlook Mired by Failure to Test August High

The price of gold may consolidate ahead of the US Non-Farm Payrolls (NFP) on tap for later this week amid the failed attempt to test the monthly high ($1832).

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US Dollar (DXY) Muted as US Consumer Confidence Drops

US Consumer Confidence drops on Delta concerns. USD muted with focus on more important data.

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Eurozone CPI: Euro Core Inflation Beats Estimates, EUR/USD Pushes Higher

Core Inflation for the Eurozone comes in at 1.6% vs the 1.5% forecast. EUR/USD reacts by rising above 1.180.

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Market Sentiment Webinar: Long Positions Jump in USD/CAD

Trader confidence in riskier assets such as stocks is rising, at the expense of safe havens such as the US Dollar, yet long positions in USD/CAD have risen sharply over the past week.

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Australian Dollar Forecast: Further AUD/USD Upside Facing Hurdles

AUD/USD Shrugging Off Covid and China Concerns, However, Further Upside Faces Hurdles

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Canadian Dollar Forecast: USD/CAD Breaking Lower and Testing Trend Support

The recent weakness in the US dollar and the pick-up in oil prices is pushing USD/CAD ever lower with a multi-month supportive trendline now under threat.

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NZD/USD Jumps, Nikkei 225 Up on Japan Data Beat, Hang Seng Lower After China PMI Miss. USD Sidelined?

NZD higher as USD softens in Asia, while APAC equities reacted to local data after another record high on Wall Street. Will “risk on” continue?

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British Pound (GBP) Price Outlook: EUR/GBP Primed for Move Higher

While GBP/USD continues to benefit from US Dollar weakness, the EUR/GBP chart shows a symmetrical triangle pattern that could signal another leg upwards.

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Crude Oil Prices May Struggle at Trend Top, Inventories and OPEC+ Eyed

Crude oil is on the upswing as UK markets reopen after a holiday but prices may struggle on approach to trend resistance. inventory data and an OPEC+ meeting are eyed ahead.

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Gold Price Outlook: XAU/USD May Find Support if US Sentiment Data Disappoints

Gold prices may find support if US Conference Board Consumer Confidence data disappoints. XAU/USD technical signals seem to offer a near-term upside bias.

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Iron Ore and Copper Forecast: NFPs in Focus After China PMIs Flash Warning Signs

Iron ore and copper prices are softer after Chinese economic data showed a worse-than-expected slowdown in manufacturing and services activity. Traders are shifting focus to the US NFP report due o...

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Dow Jones Pulls Back While Nasdaq Surges, Hang Seng May Rise

The cyclically-oriented sectors led the losses on Wall Street, pulling the Dow Jones lower. The Nasdaq 100 index hits a record high however. Asia-Pacific markets opened higher following a strong te...

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Australian Dollar Looks Past China Non-Manufacturing PMI Slump, Will AUD/USD Rise?

The Australian Dollar brushed off a disappointing Chinese Non-Manufacturing PMI report, coming in at 47.5 against 52.0 expected. Will AUD/USD push higher?

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Nasdaq 100 Forecast for the Week Ahead: 16000 in Focus as Non-Farm Payrolls Near

The Nasdaq 100 hit another record, nearing 16000 in the aftermath of the Fed’s Jackson Hole Symposium. Will a softer US non-farm payrolls report add more momentum to tech stocks?

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New Zealand Dollar Forecast: NZD/USD Pinned on Covid Woes as Chinese PMI Looms

The New Zealand Dollar is softening versus the US Dollar as Covid woes weigh on sentiment. Traders are eying today's PMI data out of China, which may have market-moving potential.

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WTI US Crude Oil Outlook: OPEC+ Overshadows Hurricane IDA as Oil Prices Stall

US Crude Oil prices stall below $70.00 despite Hurricane IDA threatening supply, OPEC+ expected to meet on Wednesday.

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USD/MXN Slides on Lower US Treasury Yields, Market Focus Turns to NFP Data

USD/MXN extends Friday's decline and falls moderately on Monday as U.S. Treasury yields lose further ground following Powell's dovish remarks at Jackson Hole.

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USD/JPY Rate Defends Defined Range Ahead of US NFP Report

USD/JPY may face range bound conditions ahead of the US Non-Farm Payrolls (NFP) report amid the lack of momentum to hold above the 50-Day SMA (110.12).

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Canadian Dollar Price Forecast: USD/CAD Sinks to Support - Loonie Levels

USD/CAD held support at a big spot last week, even as USD was pushing lower. Can USD/CAD bulls hold the line even as Oil prices threaten a breakout?

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Natural Gas Surge to Multi-Year Highs as US Production Restored after Ida

US production of natural gas shuddered ahead of Hurricane Ida is reopening and the alleviation of the temporary supply constraint has pulled futures prices back from their highest levels since Dece...

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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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AUD/USD Threatens Descending Channel Ahead of Australia GDP Report

The update to Australia’s GDP report may push AUD/USD out of a descending channel as the economy is expected to grow at a record pace.

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UK Pound Forecast: Sterling Setups for the Week Ahead, GBP/USD, EUR/GBP

Sluggish Sterling expected due to UK holiday but the outlook is set to pick up ahead of major event risk later this week. GBP setups considered

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EUR/USD Price Forecast: Fed and ECB Accommodative as Euro Opens Flat

European consumer confidence data did little to sway the subdued EUR/USD start to trading this week as traders look ahead to key Euro and dollar economic data while technicals take over.

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Gold (XAU/USD) Prices Pullback after Breaking above $1,800

Gold prices remain supported by key psychological support at $1,800, NFP report key event risk for commodities?

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US Dollar Weakens as Dovish Fed Lifts Stocks, Bonds, Commodities and Other Currencies. Where To From Here?

The US Dollar licked its wounds in Asia-Pacific trade after sinking in Friday’s action that saw Fed Chair Powell maintain a dovish mantra. Can gold continue to benefit?

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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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US Dollar Outlook Hinges on ISM Manufacturing Survey, NFP Report

The slew of US data prints on tap for the start of September are likely to sway the Dollar as the Federal Reserve retains an outcome-based approach for monetary policy.

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Australian Dollar Forecast: AUD/USD Eyes Q2 Economic Data to Start APAC Trading

AUD/USD may move on Australian Q2 economic data due out this morning as APAC trading kicks off.

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Sterling Tech Forecast: GBP/USD Jumps During Powell Speech

Brief dollar drop sent GBP/USD higher but the pair looks set to continue its sideways grind into the coming week

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Markets Week Ahead: Dow Jones, US Dollar, Australian Dollar, Crude Oil, OPEC+, NFPs

The Dow Jones, S&P 500 and Nasdaq Composite soared amid the Fed's Jackson Hole Symposium. The US Dollar tanked as the Australian Dollar, crude oil and gold prices outperformed. All eyes turn to non...

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Nasdaq 100 Hits Record High as Powell Signals Tapering by Year End

Tech stocks extended higher into the record territory even though Fed Chair Jerome Powell prepared the markets for the Fed tapering. Interest rate hikes are likely to be far away, alleviating press...

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Mexican Peso Forecast: Powell Paves the Way for USD/MXN Weakness in the Near Term

The Fed's dovish taper tone at the Jackson Hole Symposium is likely to depress US treasury rates and weigh on USD/MXN in the near term as traders seek to exploit higher yields in EMFX.

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EUR/USD Forecast: Euro Runs into Resistance, More Gains Ahead?

Powell inspired lift for EUR/USD, eyes on key US data.

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Gold Forecast: XAU Traders Eye NFPs After Jackson Hole, Kabul Attack

Gold rose into the weekend after Fed Chair Powell offered no clear signal on tapering. XAU traders are shifting focus to next week's non-farm payrolls print as geopolitical risks linger.

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US Dollar Outlook Hinges on ISM Manufacturing Survey, NFP Report

The slew of US data prints on tap for the start of September are likely to sway the Dollar as the Federal Reserve retains an outcome-based approach for monetary policy.

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Bitcoin, Ethereum Predictions – Consolidation Phase Leading to Higher Prices

Bitcoin continues to draw strength from the 200-day simple moving average and if this continues, higher prices may be seen in the near future.

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Australian Dollar Outlook: AUD/USD at Crossroads of Commodities, Yields, Sentiment

The Australian Dollar has grinded higher, but future direction will likely depend on commodity pricing, yield differentials and risk appetite.

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S&P 500 to Stay Bid as Fed Decouples Taper, Rate Hike Risk

The S&P 500 looks poised to maintain its broader bullish trend with the Fed vowing to keep policy highly accommodative even though the pace of asset purchases will likely slow this year.

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Esther George Effect: Jackson Hole, Women in Finance, Taper Talk

Ahead of Jackson Hole economic symposium, Esther George, among the most prominent women in finance and economics, said it’s time to begin tapering asset purchases

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Sterling (GBP) Forecast: Will Jackson Hole Prove to be a Catalyst or Snoozefest?

The Pound Sterling shows little sign of a directional preference which is likely to persist as Powell reads from a similar script in Wyoming on Friday

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S&P, Nasdaq Fresh Highs as USD Drops on Powell's Jackson Hole Speech

The US Dollar is on the move as the Jackson Hole Economic Symposium keeps the taper discussion front-and-center.

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Oil, GameStop (GME) Soar & Jackson Hole Inflation Expectations – FinTwits Trends to Watch

Oil, GameStop (GME) prices remain elevated as markets wait for Jerome Powell to speak at Jackson Hole

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Oil, GameStop (GME) Soar & Jackson Hole Inflation Expectations – FinTwits Trends to Watch

Oil, GameStop (GME) prices remain elevated as markets wait for Jerome Powell to speak at Jackson Hole

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US Dollar (USD) Muted as PCE Matches Estimates

USD Muted Following in-line PCE, Powell speech the main highlight

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Solana (SOL) Continues to Make Fresh Highs on Pumped Up Volume

Solana is out-performing the crypto market as a whole, printing another record high today against a background of sharply higher trading volume.

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Crude Oil Bullish Momentum Fizzles Out as Covid-19 Risks Increase

Oil has had a stellar performance this week as a production outage in Mexico reduces supply, but demand may also be faltering as Covid-19 continues to spread

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US Dollar Price Action Set Up Ahead of Fed Chair Powell Speech

All eyes on Chair Powell as markets await QE taper details.

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NZD/USD Rallied With Risk Assets, But Will The Fed Symposium Mark a Sentiment Turn?

The US Dollar has had a down week going into the Jackson Hole Symposium, helping the New Zealand Dollar rally. Can NZD/USD continue higher?

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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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Swiss Franc Technical Forecast: USD/CHF, GBP/CHF Chart Levels to Watch

USD/CHF and GBP/CHF present key levels and patterns that may provide actionable moves for Swiss Franc traders.

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Nasdaq 100 Retreats Ahead of Powell Speech, APAC to Open Lower

The Nasdaq 100 index pulled back on Thursday after a Fed member made hawkish comments ahead of the Jackson Hole symposium. Powell’s speech will be closely eyed. APAC markets opened lower.

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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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Australian Dollar Forecast: AUD/USD Eyes Retail Sales After Geopolitical Shock

AUD/USD dropped overnight on geopolitical risks after an attack in Kabul left dozens dead. Australian retail sales are on deck for Aussie Dollar traders.

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Bitcoin Reclaims $47,000 as Risk Sentiment Shifts to Kabul Attacks, Ether and Cardano Stall

Bitcoin reclaims $47,000 as Ether bounces off support. Cardano holds steady above $2.50, at least for now

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Peloton Shares Dip on Weak Results, Dell Technologies Posts Strong Q2 Earnings

Peloton shares fell as much as 15% in early after-hours trading as the company reported worse than expected earnings and also guided lower for the next fiscal quarter. Markets end lower ahead of Ja...

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Mexican Peso Outlook: How Will USD/MXN React to the Jackson Hole Summit?

Fed Chair Powell's speech on Friday at the Jackson Hole Symposium will be key for the broader US dollar and will set the tone for USD/MXN price action for the rest of the month.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; Jackson Hole Preview

The tea leaves suggest that a taper announcement is coming soon – just not necessarily at the Federal Reserve’s Jackson Hole Economic Policy Symposium.

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

The US Dollar is primed for a big day tomorrow, with PCE leading into Jerome Powell's speech at Jackson Hole.

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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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USD/ZAR Price Outlook: Dollar-Focused ZAR Looks to Jackson Hole on Friday

USD/ZAR selling pressure stabilizes for now as markets gear up for J. Powell’s appearance at Jackson Hole

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NZD/USD Struggles to Clear 50-Day SMA amid Hawkish Fed Guidance

Headlines coming out of the Fed Economic Symposium appear to be dragging NZD/USD as Federal Reserve officials show a greater willingness to scale back monetary support.

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Gold (XAU/USD), Silver (XAG/USD) Forecast: Gold and Silver Remain Focused on the Fed

Gold and Silver prices remain suppressed in anticipation of Fed Chair.Co Jerome Powell’s speech at Jackson Hole

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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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USD/JPY Technical Setup Suggesting A Break Below 108.50

USD/JPY is gearing up for the final leg of its symmetrical pattern

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British Pound Outlook: GBP/USD Supported by USD Weakness, UK Covid Data Warns

GBP/USD is keeping hold of this week's gains, ahead of the Jackson Hole Symposium, but closer to home UK covid data paints a negative picture.

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EUR/USD Outlook: Will the Fed Move the Needle at Jackson Hole for the Most Liquid Currency Pair?

The Euro traded sideways today against the US Dollar ahead of the Jackson Hole symposium. Will EUR/USD resume its downtrend?

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Crude Oil Prices Pause Rally as the Pandemic Clouds the Outlook

WTI crude oil prices paused a three-day gain as investors mulled the spread of Delta variant around the globe and its impact on energy demand. The Jackson Hole symposium will also be in focus.

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Gold and Silver Hold Breath for Jackson Hole, ETF Outflows Accelerate

Gold prices hovered at around $1,788 during Thursday’s APAC trade as traders awaited the Jackson Hole symposium. Silver prices have likely formed a “Double Bottom” pattern.

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Swiss Franc Technical Forecast: USD/CHF, GBP/CHF Chart Levels to Watch

USD/CHF and GBP/CHF present key levels and patterns that may provide actionable moves for Swiss Franc traders. .

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S&P 500 Hits Record Ahead of Jackson Hole, Hang Seng May Retreat

The S&P 500 and Nasdaq 100 hit all-time highs on Wednesday as investors awaited the Jackson Hole symposium for clues about the Fed’s next move. Asia-Pacific markets look set to open in cautious mood.

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Natural Gas Outlook: Price Continues to Benefit from Warmer Weather, Eyes on $4.00

Natural gas prices once again tested the $4.00 mark as hot summer weather continues to stimulate demand.

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AUD/USD May Fall if Risk Taking Slows as Cases in New South Wales Swell

The risk-sensitive Australian Dollar is vulnerable to a broader market reversal if sentiment fades. APAC traders will be watching the Bank of Korea's rate decision today.

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US Dollar Outlook: Fed Taper Talk at Jackson Hole is Key

US Dollar bears have faded strength over the last few trading sessions with markets thinking it is increasingly likely that Fed officials avoid a taper announcement at their Jackson Hole Symposium.

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Silver (XAG/USD) Price Forecast: Silver Resilience Holds Strong in Anticipation of Jackson Hole

Silver prices remain above critical support ahead of the annual Jackson Hole Symposium, Federal Reserve remains a key catalyst for price action.

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Oil Extends Bullish Price Action as US Inventories Fall for Third Week

The price of oil extends the recent series of higher highs and lows as US inventories contract for the third consecutive week.

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Russell 2000 Rises and Approaches No Man’s Land, Jackson Hole Verdict in Focus

The Jackson Hole Symposium could be the next bullish catalyst for the Russell 2000 if the Fed embraces patience and slow-walks its taper plans

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Euro Forecast: Turnaround in EUR/JPY, EUR/USD Gathers Pace; EUR/GBP Rangebound

The Euro has been registering an important technical turnaround after last week’s breakdown.

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5 Myths on Women and Money: Wall Street Isn’t Just for Men

In the past 10 years Barbara Stewart, CFA, has interviewed more than 850 women on money, investing and trading. Stewart publishes research on financial behaviors to show how smart women think and c...

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Mexican Peso Forecast: Muddling Through Weak Data – Setups in MXN/JPY, USD/MXN

A string of weaker than expected data has held back the Mexican Peso during an otherwise strong run for risk assets.

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Bitcoin (BTC) Update: Bitcoin Remains Vulnerable ahead of Jackson Hole

Bitcoin (BTC/USD) reclaims $48,000 ahead of the highly anticipated Jackson Hole Symposium

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US Dollar Digs into Support as Focus Shifts Towards Jackson Hole

The US Dollar put in three solid days of sell-off but now, the currency is trying to grasp on to support at a familiar zone on the chart.

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Gold Price Recovery Stalls Ahead of Fed Economic Symposium

The price of gold may consolidate ahead of the Fed symposium as the recent recovery in bullion appears to have stalled ahead of the monthly high ($1832).

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US Dollar Pairs Trading in Ranges With Markets in Wait and See Mode

G10 FX range trading as markets adopt wait and see approach

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Nasdaq Hits Another High, GME and AMC Soar - Are They Telling Us Something?

The tech-heavy Nasdaq continues to print new highs, while meme stock favorites GME and AMC rally by 20%+, all ahead of the Jackson Hole Symposium.

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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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German IFO Data Confirms Weaker Momentum, EUR/USD Struggling to Break Out

EUR/USD hovers above 1.1750 as bullish momentum stalls

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British Pound (GBP) Price Outlook: GBP/USD at Risk From Truck Driver Shortage

News reports that a shortage of lorry drivers in the UK is hitting supplies to restaurants and supermarkets could lower the chances of a tightening of monetary policy by the Bank of England.

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US Dollar Finds a Floor, Asia Markets Stall Despite Record Wall Street High. The Quiet Before Storm?

The US Dollar regained some ground in Asia today, but overall markets remained unimpressed with yet another record high from Wall Street.

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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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Crude Oil Forecast: EIA Report in Focus as Prices Tackle Confluent Resistance

Crude and Brent oil prices rose alongside broader markets as sentiment rebounded. Traders are focusing on the upcoming EIA inventory report after Australia and New Zealand saw Covid cases rise.

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IBEX 35, Euro Stoxx 50 Outlook Remains Constructive, Jackson Hole Symposium Eyed

European stocks look to rebound from their worst week since February, with market participants remaining cautious ahead of Friday's Fed Jackson Hole Economic Policy Symposium.

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NZD/USD Gains as US Dollar Sinks Despite Falling RBNZ Rate Hike Bets

The New Zealand Dollar is gaining against the US Dollar for a second session as markets shift further into a risk-taking mood. The PBOC's recent pledge to support credit growth is helping underpin ...

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Gold Price Outlook: XAU/USD Mired by Fed Symposium Risk

Gold price action has rebounded nicely from its flash crash earlier this month. XAU/USD now seeks clarity from the Fed at this week's annual Jackson Hole Symposium before making its next move.

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EUR/USD Susceptible to Dovish ECB Guidance Ahead of Fed Symposium

The account of the ECB meeting may undermine the recent rebound in EUR/USD as the Governing Council appears to be on a preset course.

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Mexican Peso Gains Ahead of Jackson Hole. Will the Fed Rock the Boat for EMFX?

The Mexican peso and other high-yielding EMFX will likely gain ground against the dollar if the Fed signals at the Jackson Hole Symposium it will wait longer before announcing a reduction in QE.

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Canadian Dollar Price Forecast: USD/CAD Breakout Reverses - Loonie Levels

USD/CAD has given back almost 400 pips over the past three trading days. Will bears be able to drive below key support?

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AUD/USD Rate Rebound Takes Shape Within Descending Channel Formation

The recent rebound in AUD/USD may end up being short lived as the exchange rate trades within the confines of a descending channel.

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Gold Price (XAU/USD) Riding the Wave of US Dollar Weakness

Gold is back in a familiar as traders wait to see if Fed chair Jerome Powell announces a tapering timetable at the Jackson Hole Symposium.

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Market Sentiment Data Still Bullish for EUR/USD | Webinar

Trader confidence in riskier assets remains high on suggestions that the Federal Reserve may not after all signal a tightening of US monetary policy Friday.

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NZD/USD Jumps on Hawkish RBNZ, EUR/NZD Slammed into Key Support

NZD outperforms as RBNZ provides reminder of intention to hike rates.

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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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USD/ZAR Breaking News: Rand Slips as SA Unemployment Rate Rises

Downbeat South African unemployment data has added to the rand’s recent woes with USD/ZAR trading marginally higher after a strong start to the week.

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Equities Climb as Taper Odds Fall on Covid Concerns - DAX 30, CAC 40 Outlook

Global equites are on the rise again as analysts are now dubious about the Fed’s announcement of asset tapering at Jackson Hole

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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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British Pound (GBP) Price Outlook: GBP/USD Rally May Run Out of Steam

The rally so far this week in GBP/USD has been caused entirely by the weakness of the US Dollar and a reversal lower looks likely soon.

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US Dollar Retreat, Wall Street Rally Lead APAC Equities Higher Ahead of Jackson Hole. Where To From Here?

The US Dollar gave up more ground today while Wall Street made another record high as taper concerns fade before Jackson Hole begins. Can USD regain strength?

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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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Gold Price Forecast: XAU/USD Rises as Bullion Traders Brace for Jackson Hole

Gold prices are pointing higher to kick off the week as the highly anticipated Jackson Hole Economic Policy Symposium approaches. Fed Chair Powell's messaging on taper talks are vital to XAU's dire...

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Dow Jones Advances on Vaccine Optimism, Hang Seng May Follow Higher

The cyclically-oriented sectors led the gains on Wall Street after the FDA granted full approval to Pfizer-BioNTech’s Covid vaccine. Asia-Pacific markets opened higher following a strong US lead.

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US Dollar Outlook: Jackson Hole in Focus for USD/SGD, USD/THB, USD/IDR, USD/PHP

The US Dollar rose against the Singapore Dollar, Thai Baht and Indonesian Rupiah. While ASEAN Covid case growth is slowing, all eyes next week are on the Fed’s Jackson Hole Economic Policy Symposium.

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New Zealand Dollar Forecast: NZD/USD May Rise After Bright Q2 Retail Sales Data

The New Zealand Dollar is benefiting from risk-on flows after markets recovered from last week's drop. A better-than-expected Q2 retail sales figure out of New Zealand may boost NZD/USD further.

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USD/JPY Rate Struggles to Clear 50-Day SMA Ahead of Fed Symposium

USD/JPY appears to be stuck in a narrow range ahead of the Fed Economic Symposium as it struggles to push back above the 50-Day SMA (110.16).

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Copper Price Forecast: Fighting to Retake Pandemic Uptrend

Copper prices have clawed back their losses – but have gains been enough to change the tone?

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Gold Price Forecast: Gold Breaks Out Above 1800 - GLD Levels

Gold prices put in a strong move to open this week. Will bulls be able to drive through the Jackson Hole Economic Symposium?

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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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USD/CAD Forecast: RSI Sell Signal Emerges Ahead of Fed Symposium

USD/CAD may face a pullback ahead of Fed Economic Symposium on tap for later this week as the RSI falls back from overbought territory to indicate a textbook sell signal.

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Nasdaq Price Outlook: PMI Data Eyed Ahead of Fed Symposium

The Nasdaq is gaining ground during early Monday trade as markets digest disappointing PMIs and greater likelihood that the Fed does not announce a taper timeline at Jackson Hole this week.

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FX Week Ahead - Top 5 Events: Mexico GDP; US Durable Goods Orders; ECB Meeting Minutes; US Michigan Confidence; Powell’s Jackson Hole Speech

The final week of August has a relatively thin economic calendar, but the US docket is still saturated.

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Markets Week Ahead: Dow, EUR/USD, Oil, Fed Symposium, PMIs, Delta

Markets faced a broad risk-off tone last week with sentiment deteriorating further due to global growth concerns and the delta variant of covid. The Dow and EUR/USD eye the Fed symposium on tap.

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Bitcoin (BTC) Breaks Above $50k, Cardano (ADA) Hits Another Record High

Bitcoin cracks $50k, Cardano hits another all-time high, while Ethereum nears $3,500 as cryptocurrencies enjoy a bullish weekend.

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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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UK, EZ PMIs Drop But Retain Good Momentum - EUR, GBP Drifting Higher

EUR/USD and GBP/USD avoid further losses as buyers regain momentum

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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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US Dollar Outlook: Are the Fed Growing Concerned Over Covid?

US Dollar softer to start the week. Fed hawk signals Covid concern

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Crude Oil Prices Find Reprieve as the US Dollar Wobbles Before Jackson Hole. Where To From Here?

The US Dollar gave up some ground today but, still remains at elevated levels ahead of the Jackson Hole Symposium. Crude oil prices rose, but will the downtrend continue?

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Gold Prices Eyeing Resistance at 1785 as Traders Await Jackson Hole

Gold prices advanced to $1,785 during Monday’s APAC trade as the DXY US Dollar index retreated for a second day. Traders are eyeing this week’s Jackson Hole symposium for clues about the Fed’s next...

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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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US Dollar Outlook: Jackson Hole in Focus for USD/SGD, USD/THB, USD/IDR, USD/PHP

The US Dollar rose against the Singapore Dollar, Thai Baht and Indonesian Rupiah. While ASEAN Covid case growth is slowing, all eyes next week are on the Fed’s Jackson Hole Economic Policy Symposium.

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S&P 500 Advance May Lift Nikkei 225, Traders Eyeing Jackson Hole

Wall Street stocks advanced on Friday as investors took the recent selloff as an opportunity to buy more. Asia-Pacific markets look set to open higher ahead of the Jackson Hole symposium this week.

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Australian Dollar Forecast: AUD/USD Troubles Intensify After Bleak PMIs

The Australian Dollar may face a hard time recovering losses from last week's big drop versus the Greenback after soft PMIs opened the week in APAC trading.

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Markets Week Ahead: Dow, EUR/USD, Oil, Fed Symposium, PMIs, Delta

Markets faced a broad risk-off tone last week with sentiment deteriorating further due to global growth concerns and the delta variant of covid. The Dow and EUR/USD eye the Fed symposium on tap.

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Equities Gear Up for Jackson Hole Symposium: DAX 30, S&P 500 Key Levels to Watch

Investors turn their focus to the Jackson Hole Symposium as global stocks suffer a setback

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Fundamental Forecast For the Week Ahead: USD/ZAR, GBP/ZAR, EUR/ZAR

Emerging market currencies have continued to underperform relative to select G10 counterparts as risk appetite fades. Jackson Hole and US data ahead

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Euro Forecast: Further EUR/USD Weakness in Store

Last Thursday's dramatic drop in EUR/USD below the critical 1.17 level has opened the way for further steep losses in the pair although some consolidation either side of 1.17 is likely first.

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Gold Price Tethers as Rapport with USD and Treasury Yields Is Tested

A quite week for spot gold after a rollercoaster August. Markets await further guidance as Jackson Hole Symposium looms. XAU/USD looks to dollar drivers.

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Weekly Fundamental US Dollar Forecast: More Tapering Hints at Jackson Hole

The US Dollar (via the DXY Index) has moved up to fresh yearly highs as traders have begun to anticipate the Fed’s stimulus withdrawal.

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Bitcoin, Ethereum Pushing Towards Fresh Multi-Week Highs, Alt-Coin Rally Resumes

The cryptocurrency market is looking in good shape ahead of the weekend with prices breaking out of their recent consolidation phase and pressing higher.

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Australian Dollar Outlook: AUD/USD Downside Risks as the US Dollar Soars

The Australian Dollar will be under pressure to shrug off a strengthening USD as commodities risks increase, Delta spreads and the Fed moves into view.

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GBP/USD Rate Outlook Hinges on Fed Economic Symposium

The Fed Economic Symposium in Jackson Hole, Wyoming may influence the near-term outlook for GBP/USD if the central bank provides details of a potential exit strategy.

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S&P 500 (SPX), AUD/USD & Jackson Hole – FinTwit Trends to Watch

With markets breaking key levels across the board, FinTwit has come alive during the summer months. SPX falls, Aussie tanks and Jackson Hole is eyed.

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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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South African Rand Dollar Forecast: USD/ZAR Aims Higher Ahead of Jackson Hole

USD/ZAR threatens yearly highs as US Dollar bulls gain momentum. Will Jackson Hole be make or break for the volatile Rand?

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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 Outlook - Pointing Lower as US Dollar Strength Remains in Control

EUR/USD continues to trade below 1.1700 as the US dollar probes fresh nine-month highs.

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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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GBP/USD Threatening to Drop Below 1.36, UK Retail Sales Drop Unexpectedly

GBP continues to slide as retail sales add to concern that demand and growth are slowing

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US Dollar Holds High Ground. China Cracks Down as Risk Assets Eye Fed. Does AUD/USD Continue Lower?

The US Dollar moved sideways in Asia while Chinese equities melted under crackdowns and Delta variant concerns that continue to sway markets.

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Gold Price Rise Stalled as the US Dollar and Bond Yields Clash

A spirited gold price rise ground to a halt as churning Fed policy speculation drove divergence between the US Dollar and Treasury bond yields. The Jackson Hole symposium is eyed ahead.

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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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Nasdaq 100 Rebounds as US Dollar Hits an 8-Month High, APAC to Open Higher

The Nasdaq 100 index climbed on Thursday as investors shed reflation bets and rotated into tech names amid viral concerns. The US Dollar surged to an 8-month high. Asia-Pacific markets look set to ...

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FTSE 100 Outlook: Index Posts Worst Day in a Month Amid Commodities Sell-Off

FTSE 100 mirrored other major indexes on Thursday by finishing deep in the red, as a decline in commodities and Fed taper fears promoted risk-off appetite.

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AUD/USD Selloff Deepens as Australian Lockdowns Prompt US Dollar Haven Flows

The Australian Dollar selloff worsened overnight despite a better-than-expected jobs report. Australian lockdowns see no light at the end of the tunnel after record daily cases were reported.

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US Dollar Outlook: DXY Index Surges to Fresh Yearly High

US Dollar bulls are back with vengeance as recent strength across USD price action sends the broader DXY Index ripping to fresh yearly highs. Can the US Dollar extend its stretch of gains?

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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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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Rate hike odds have receded for Europe’s two major central banks, dragging down the British Pound and the Euro along the way.

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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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NZD/USD Rate Selloff Sends RSI Towards Oversold Territory

Looming developments in the RSI may indicate a further decline in NZD/USD if the oscillator pushes into oversold territory for the second time in 2021.

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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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The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

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SA40 Overview: SA’s Main Exchange (JSE) Experiences Outage

The SA40 Index surges lower after yesterday’s outage which halted all trading for over 5 hours. Key levels analyzed.

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EUR/USD Outlook Mired by Failure to Defend March Low

EUR/USD may continue to trade to fresh yearly lows ahead of the Fed Economic Symposium as it extends the series of lower highs and lows from the start of the 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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US Dollar Charges into Key Resistance, Equities Sell-Off as Covid Risks Mount

USD hits multi-month highs, however, key resistance caps further upside for now

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Fed Minutes Spook Investors: CAC 40 and DAX 30 Picking Up Bearish Momentum

Global equites fall into a bearish trap as investors react to taper talk from the Fed meeting minutes

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Robinhood (HOOD) Slumps on Earnings Warning, Dogecoin (DOGE) Brings in The Bucks

Trading app Robinhood shares fell over 13% after the company warned of a Q3 slowdown with Dogecoin activity highlighted by the company.

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British Pound (GBP) Price Outlook: GBP/USD Searches for Support After Fall

Hit by a stronger US Dollar, GBP/USD has broken below the support line of a downward-sloping channel in place on the charts since the end of last month.

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EUR/USD Crumbles to a 9-Month Low, Breaks Below 1.1700

Hints from the FOMC that they are getting closer to tapering have sent EUR/USD tumbling through prior strong support at 1.1700.

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US Dollar Higher as FOMC Minutes Put QE Taper into View. Onward and Upward?

The US Dollar strengthened in the APAC session against the major currencies and commodities. The strong Australian jobs number may not be enough to hold up AUD/USD.

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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 Prices Drop as US Dollar Approaches Fresh 2021 High

Gold prices dropped as APAC traders digested the FOMC minutes, causing the US Dollar to rise near its yearly high. Traders eye the upcoming Jackson Hole symposium.

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Australian Dollar Gains on Jobs Data Beat, Will AUD/USD Rally Continue?

The Australian Dollar rose after a stellar jobs report saw Australia add more jobs than expected as the unemployment rate declined to 4.6% from 4.9%. Will the AUD/USD rally continue?

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S&P 500 Falls as FOMC Minutes Hint at Tapering, Hang Seng May Rebound

Major US indices fell on Wednesday after the FOMC meeting minutes hinted at scaling back asset purchases before the end of this year. The DXY US Dollar index climbed. Asia-Pacific markets look set ...

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Swiss Franc Technical Analysis: USD/CHF, EUR/CHF, CHF/JPY, NZD/CHF

The Swiss Franc has been mixed in 2021 against G10 peer currencies. Here are technical setups for USD/CHF, EUR/CHF, CHF/JPY, and NZD/CHF.

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NZD/USD Dives After Covid Woes Delay RBNZ Hike, Focus Shifts to AU Jobs Report

The New Zealand Dollar traded sharply lower after a snap lockdown forced the RBNZ to surprise markets with a rate hold. Traders are now shifting focus to Australia’s July jobs report.

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Oil Price Slides Towards July Low as US Output Rises for Second Week

The price of oil is on the cusp of taking out the July low ($65.01) as US production increases for the second straight week.

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US Dollar Surrenders Gains Despite FOMC Minutes Taper Talk

The US Dollar is peeling back from session highs as bears fade strength despite the latest FOMC minutes hinting that Fed officials might decide to taper asset purchases before year-end.

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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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AUD/USD Rate Tracks Descending Channel Ahead AU Employment Report

AUD/USD may continue to give back the advance from the November 2020 low (0.6991) as it trades within a downward trending channel.

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USD/ZAR Outlook: Risk-Off Sentiment Hampers Rand Ahead of FOMC

The environment for the rand and other emerging market currencies has not been conducive as of late as global factors turn markets away from riskier assets. How will the upcoming FOMC minutes contr...

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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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NZD Surprise by RBNZ, SNB Focus on EUR/CHF Drop to Rise

EUR/CHF downside limited from current levels. RBNZ provides NZD surprise

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Euro Outlook: EUR/USD Just Holding On To 1.17 as EUR/GBP Attempts New Breakout

EUR/USD gets closer and closer to breaking below 1.17, EUR/GBP bullish run fizzles out above descending channel

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Gold Price Outlook – More of the Same Ahead of FOMC, Jackson Hole

Gold remains stuck in a wide trading range and needs a driver - will the latest FOMC minutes reveal anything of note?

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British Pound (GBP) Price Outlook: GBP/USD Rally Possible Despite Weak UK Inflation

GBP/USD edged higher Wednesday despite lower than expected UK CPI numbers, suggesting that a bounce is now possible after the pair’s slide that began late last month.

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US Dollar Eyes FOMC Minutes for Next Move. Where To for EUR/USD?

The US Dollar looks to minutes from July’s FOMC meeting for its next move. Covid held back the RBNZ from raising rates, providing some NZD volatility. Will EUR/USD support levels hold?

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Copper, Natural Gas Outlook: China Data Drags Copper. Hot Temps May Lift Natural Gas

Copper prices have come under pressure as weak economic data in China and the United States drags on the industrial metal. Meanwhile, natural gas prices may rise on higher mercury readings in the US.

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Gold and Silver Hold Breath for FOMC Minutes, Geopolitical Tensions in Focus

Gold prices hovered at around $1,788 during Wednesday’s APAC trade as traders awaited the release of FOMC meeting minutes. Geopolitical unrest in Afghanistan may buoy the demand for precious metals.

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New Zealand Dollar Drops as RBNZ Holds Back Rate Hike on Covid Flare-Up

The New Zealand Dollar sank after the RBNZ left the Official Cash Rate at 0.25%. A hike to 0.50% was expected. Will NZD/USD push lower through 0.6880?

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Nasdaq 100 Pulls Back as Retail Sales Miss, Asia-Pacific to Extend Lower

Wall Street stocks retreated broadly as US retail sales figures fell short of market expectations, spurring growth concerns. Traders are eyeing today’s FOMC meeting minutes for clues about the Fed’...

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USD/AFN Hits Record High as US Freezes Afghan Assets After Taliban Seizes Kabul

USD/AFN hit a fresh record high after the Taliban seized control of Kabul, prompting the US Government to freeze Afghan government accounts linked to the Federal Reserve and US banks.

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AUD/USD Drops as Economic Slowdown Fears Intensify, APAC Traders Eye RBNZ

The Australian Dollar dropped sharply versus the US Dollar after global sentiment nosedived on Covid slowdown fears. Wall Street followed APAC equities lower on a pullback in US retail spending.

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Crude Oil Outlook: Bulls & Bears Clashing at Key Support

Crude oil price action remains downtrodden with bears driving the commodity -1% lower to challenge critical support once more. Can bulls stage another defense despite slowing global growth?

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British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates

Sterling continues to post gains against the battered commodity currencies.

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Bitcoin (BTC/USD) tests critical resistance, Ether and ADA follow

Bitcoin and other major cryptocurrency wait for further motivation to move towards prior highs

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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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USD/JPY Rate Defends August Range as Fed Taper Talk Persists

USD/JPY may continue to retrace the decline from the monthly high (110.80) as a growing number of Federal Reserve officials show a greater willingness to switch gears.

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Nasdaq Down after Weak Retail Sales Data and Dented Consumer Confidence

The Nasdaq 100 Index followed Asian markets lower this morning, compounded by an accumulation of weak consumer data, stronger USD

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RBNZ Rate Decision Preview: Covid Shock for RBNZ, What Now For NZD/USD?

RBNZ decision grabs NZD traders attention after Covid shock prompts rethink on rate outlook

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

With the COVID-19 delta variant continuing to plague major economies, rate hike odds have shifted dramatically in the past 24-hours.

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Canadian Dollar Price Forecast: USD/CAD Threatens Breakout, Inflation on Deck

USD/CAD is testing a big level and tomorrow brings Canadian inflation followed by FOMC minutes. Buckle up.

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Gold Price Forecast: Four-Day Rally Stalls Ahead of 50-Day SMA

Lack of momentum to climb back above the 50-Day SMA ($1800) may undermine the recent recovery in the price of gold as a ‘death cross’ takes shape in August.

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US Dollar Shoots Higher vs JPY on US Retail Sales

USD higher on retail sales miss. Outlook for FOMC unchanged, focus is on jobs

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Markets Jittery: JPY, CHF, Gold and Treasuries All Benefiting | Webinar

Trader sentiment is poor at present, with safe haven buying of the Japanese Yen, the Swiss Franc, Gold and US Treasury notes seen alongside some selling of European stocks.

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Bitcoin, Ethereum Stagnate at Recent Highs, Solana Soars to a New Peak

The cryptocurrency market is taking a breather after touching multi-week highs but Solana continues its recent record-breaking rally.

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Snap Lockdown Puts RBNZ Hike into Question, NZD/USD Drops to Three-Week Low

NZD/USD drops 1.7% as economists increase calls for no change at tomorrow’s RBNZ after a 3-day snap lockdown

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British Pound (GBP) Price Outlook: GBP/USD Eases Despite Strong UK Jobs Data

Latest labor market figures show UK employment up by more than expected, higher average earnings and a lower UK unemployment rate yet GBP/USD fell, suggesting underlying weakness.

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New Zealand Dollar Down on Covid Case as RBNZ Looms, SEC Warns on China

The New Zealand Dollar fell on reports of a new local Covid case just as the RBNZ rate decision enters the spotlight. NZD, AUD and APAC equities were weighed down ahead of US data and FOMC meeting ...

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Crude Oil Prices Fall Amid Viral Concerns, US Retail Sales Data in Focus

WTI crude oil prices extended lower on Tuesday as investors mulled the spread of Delta variant around the globe and its impact on energy demand. US retail sales figures will be in focus today.

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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 Outlook: XAU/USD Firms Back Into Range Ahead of Fed Powell Speech

Gold continued to shake off last week’s test of the lower bound of the recent range. The rally occurs as US yields drift lower ahead of a busy week and Jerome Powell’s speech.

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Australian Dollar Outlook Remains Bleak Following Release of RBA Minutes

Significant headwinds remain for the Australian Dollar in the face of local lockdowns, slowing economic data, and the Federal Reserve potentially starting to taper this year.

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Dow Jones Advances Despite Growth Concerns, Hang Seng Tests Support

The cyclically-oriented sectors led the decline whereas defensive ones gained on Monday. Lingering viral concerns and poor Chinese economic data weighed sentiment. Asia-Pacific markets opened modes...

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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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Japanese Yen Outlook: USD/JPY Falls on Soft US and Chinese Data. AUD/JPY Eyed

The Japanese Yen outperformed, sending USD/JPY lower as market sentiment mostly soured and global bond yields declined on Monday. AUD/JPY may rise on the RBA meeting minutes.

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USD/CAD Price Outlook: Rising Support to Challenge Resistance

USD/CAD price action is edging higher to start the week as crude oil comes back under pressure. US Dollar volatility might accelerate with retail sales data and FOMC minutes on tap for release.

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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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FX Week Ahead - Top 5 Events: August RBNZ Meeting; UK Inflation, Canada Inflation, and Eurozone Inflation; July FOMC Minutes

The turn through the middle of August brings forth a bevy of data related to inflation and central banks’ stimulus withdrawal efforts – and most of it arrives on Wednesday.

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

The US Dollar is starting the week with a bounce from support following last week's pullback. Can USD bulls push the trend back up to highs?

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AUD/USD & NZD/USD Sentiment Deteriorates, USD Bulls Return – COT Report

AUD and NZD sentiment weakens on softer Chinese economic backdrop

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NZD/USD Rate Outlook Hinges on RBNZ amid Speculation for Rate Hike

The RBNZ interest rate decision may influence the near-term outlook for NZD/USD as the central bank is expected to lift the official cash rate (OCR) off of the record low.

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The Race to a Billion: Men Versus Women

Who reaches billionaire status sooner, men or women? Our report analyzes the top billionaires in the world to find out.

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Markets Week Ahead: S&P 500, Gold Prices, US Dollar, FOMC Minutes, NZD/USD, RBNZ Rate Hike?

The S&P 500 gained as gold prices recovered from a flash crash early last week. A drop in Treasury yields on Friday sank the US Dollar. Will an RBNZ rate hike further bolster the New Zealand Dollar?

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EUR/GBP Downtrend in Place, Will UK Data Help the Next Leg Lower?

A cluster of high importance UK data releases this week may well see Sterling gain further against the Euro.

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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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DAX 30 Shying Away From All-Time High as Growth Concerns Loom

The DAX 30 retreats below 15,900 as political tensions and growth concerns take over sentiment

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USD and JPY Higher on China Growth Concerns and Rising Geopolitical Tensions

Safe haven FX kickoff the week on the front foot as risk appetite sours

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AUD/JPY Risk Off Woes, China Data Miss, More Data and Central Bank Meetings Ahead

The Australian Dollar weakened against Japanese Yen. Risk appetite subsided with Chinese economic data suffering Delta variant fatigue. Will AUD/JPY continue lower?

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Crude Oil Prices Extend Lower Amid Weaker US and Chinese Data

WTI crude oil prices pulled back on Monday as Chinese data disappointed investors. US consumer sentiment hit a decade low. Markets also weighed the impact of the Delta variant on energy demand.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

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Gold Prices Eyeing 1,785 Resistance as Chinese Data Dent Sentiment

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Australian Dollar Down on Weak China Data. Is AUD/USD Ready to Break Out?

The Australian Dollar continued to move lower immediately after Chinese Retail Sales and Industrial Production numbers came in below expectations. AUD/USD may test range support.

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S&P 500 Hits Record Highs Despite Weaker Data, Chinese Retail Sales in Focus

Wall Street stocks advanced on Friday despite a plunge in US consumer sentiment, according to the University of Michigan. Asia-Pacific markets look set to open mixed with Chinese data in focus.

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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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Japanese Yen Forecast: USD/JPY Eyes Japanese GDP Data to Kick Off APAC Trading

The safe-haven Japanese Yen is in focus as traders watch for Japan's second-quarter GDP figure to cross the wires. Meanwhile, Covid remains front and center after China shut down a shipping terminal.

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Markets Week Ahead: S&P 500, Gold Prices, US Dollar, FOMC Minutes, NZD/USD, RBNZ Rate Hike?

The S&P 500 gained as gold prices recovered from a flash crash early last week. A drop in Treasury yields on Friday sank the US Dollar. Will an RBNZ rate hike further bolster the New Zealand Dollar?

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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

The Dow Jones and S&P 500 rose as the Nasdaq 100 ranged. Treasury yields seem to be on the rise, with stocks eyeing Fed Chair Jerome Powell, FOMC Minutes and US retail sales data.

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USD/ZAR Outlook: Doubtful South African Rand Centers on FOMC

The rand heads into the week with its focus firmly on local economic data and the upcoming FOMC meeting which could provide near-term directional bias for USD/ZAR.

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Euro Forecast: EUR/USD Prepares to Break Critical 1.17 Support Level

Stronger GDP growth in the US than the Eurozone this year and an earlier tightening of US monetary policy will likely continue to put downward pressure on EUR/USD, taking it to new 2021 lows.

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Gold Flash Crash Reversed, Fed Gears Up for Taper Signal

Gold breaks key pivot, resistance ahead likely to cap. Fed Officials talk tapering.

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US Dollar Forecast: FOMC Minutes to Detail Tapering Debate

The US Dollar pivoted lower this past week with USD price action weakening broadly on the back of decelerating inflation and plunging consumer sentiment. Will FOMC minutes revive US Dollar bulls?

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Bitcoin (BTC), Ethereum (ETH) Probing Multi-Week Highs, Alt-Coin Surge Continues

Bitcoin is set to print its 4th weekly green candle in a row, the first time this has happened since late January when prices rallied to a fresh all-time high just a few weeks later.

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Australian Dollar Outlook: AUD/USD at Risk of RBA Taper, Chinese Regulations

The Australian Dollar continues to face headwinds from a number of fronts with divergencies in risk assets, RBA/Fed tapering plans and Chinese Crackdowns.

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British Pound (GBP) Weekly Forecast: Will CPI and PPI Continue to Diverge?

GBP ends the week with mixed performance as July jobs, CPI and PPI data will be in focus next week

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AUD/USD Rate Defends August Range Amid Failure to Teste July Low

AUD/USD appears to be stuck in a narrow range following the failed attempt to test the July low (0.7289).

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US Dollar Pullback Accelerates as Consumer Sentiment Plunges

The US Dollar has been trading on its back foot this morning with selling pressure intensifying in the wake of a big miss on consumer sentiment data just released amid mounting delta variant concerns.

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Record Breaking Run for EU STOXX, FTSE Rises to Pre-Pandemic Levels

The broader EU STOXX 600 is on track to post gains for a record tenth straight session while the FTSE reaches pre-Covid levels

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S&P 500 (SPX), China Shutdown & Crude Oil – FinTwit Trends to Watch

FinTwit this week: SPX hits all-time highs, China closes key port and crude oil feels the pinch as delta variant concerns persist.

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Gold Price Running Into a Formidable Zone of Opposition

Gold has regained its composure in the last few days and is now trying to break back into a prior trading range.

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EUR/GBP Price Outlook: Weekly Close Key as Corrective Risks Brew

Bears eyes on weekly close for EUR/GBP as corrective risks rise.

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Bitcoin (BTC) and Ethereum (ETH) Battle Key Resistance Heading Into the Weekend

Cryptocurrencies are picking up momentum after Thursday’s setback but there is still key resistance ahead

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AUD Undermined, Delta Cases Up, AUD/NZD Downtrend, Iron Ore Weakens

The Australian Dollar has some issues but maintains a range against USD for now while the AUD/NZD downtrend looks intact to test lows. Asia moved sideways today ahead of a busy data week.

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Cardano (ADA) Pumps Ahead of Smart Contract Announcement, Messi in The Money

Cardano coin holders are heading into the weekend with a smile on their faces as the 4th�largest cryptocurrency by market cap continues to pump higher.

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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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Gold Price Outlook: XAU/USD May Rise as Week Wraps Up, Eyes on US Data

Gold prices may climb into the weekend if softer University of Michigan Sentiment data sends Treasury yields lower. Falling XAU/USD net-long bets offer a contrarian bullish bias.

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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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5 Myths on Women and Money: Wall Street Isn’t Just for Men

In the past 10 years Barbara Stewart, CFA, has interviewed more than 850 women on money, investing and trading. Stewart publishes research on financial behaviors to show how smart women think and c...

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DailyFX Strategist Margaret Yang on Thinking Like a Trader

Fear, greed, excitement, overconfidence and nervousness are all typical emotions experienced by traders at some point. Managing these feelings, the crux of trading psychology, can prove the differe...

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Australian Dollar Forecast: Lockdowns Drag Aussie Dollar as Chinese FDI Approaches

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US Dollar Outlook: USD Eyes Consumer Sentiment Data Due

The US Dollar edged slightly higher during Thursday's trading session with the broader DXY Index gaining 0.12% on balance. How might consumer sentiment data sway the direction of USD price action?

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

After a strong July US nonfarm payrolls report and more hot inflation readings, Fed rate hike odds are creeping higher ahead of the August gathering in Jackson Hole.

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Banxico Hikes Rates to 4.5% but Fails to Trigger a Bullish Move in the Mexican Peso

Banxico tightens monetary policy for the second time this year and raises the overnight interest rate by 25 bp to 4.50% to combat rising inflationary pressures in the economy.

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Gold Price Forecast: Gold Snaps Back, Tests Key Resistance - GLD Levels

Gold prices opened the week with a nasty sell-off that threatened the 2021 low. But, the rest of the week has been spent with Gold prices trying to recover.

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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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EUR/USD Defends March Low Despite Slew of Hawkish Fed Rhetoric

EUR/USD may track the range from the first half of the year as the exchange rate appears to be defending the March low (1.1704).

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Football Legend Lionel Messi Embraces Cryptocurrencies with PSG Fan Tokens

The shock summer football move that saw Lionel Messi move to Paris St Germain included a lump of PSG Fan Tokens in his lucrative transfer package

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AUD/USD Forecast: Aussie Dollar Indecisive as Rectangle Pattern Forms

The Australian dollar has been able to stem the tide against adverse factors such as COVID-19 and lower commodity prices as we wait for further AUD/USD price drivers.

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USD Risks Remain to the Upside Despite Inflation Induced Dip

US Dollar dip to be faded, summer lull kicks in.

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Canadian Dollar Forecast: USD/CAD Remains in The Clutches of The US Dollar

USD/CAD is currently stuck in a low volatility rut and with little Canadian economic data of note released over the next few days, US dollar price action will determine the pair's fate

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Gold Price Forecast: XAU/USD Bulls to Face Critical Fibonacci Level

Gold has been able to pick up some bullish momentum on the back of the latest US CPI data, but are buyers strong enough to break a key resistance?

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British Pound (GBP) Price Outlook: GBP/USD Stable After Strong UK GDP Data

The UK economy grew by a huge 22.2% year/year in Q2, just above analysts' forecasts but not by enough to boost GBP/USD, which continues to trade sideways.

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US Dollar a Focal Point with USD/CHF Approaching Resistance Levels

The US Dollar continues to consolidate after the US CPI release with central bank tapering a key determinant of future direction. As USD rises, CHF depreciation approaches important levels.

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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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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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Crude Oil Prices Rise on Softer US Dollar Despite EIA Report Disappointment

Crude oil prices are looking higher as the US Dollar's recent rally losses steam. The move higher comes despite a disappointing EIA inventory report. Traders turn to an upcoming oil report from the...

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S&P 500 Hits All-Time Highs as Core CPI Moderates, Hang Seng to Open Higher

The S&P 500 and Dow Jones indexes hit record highs on Wednesday as a moderated core CPI rate soothed tapering fears. The DXY US Dollar index pulled back slightly. Asia-Pacific markets look set to o...

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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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NZD/USD Wedge Breakout Back in Play as US Dollar Strength Cools

NZD/USD is looking higher ahead of Australian and New Zealand inflation expectations. Meanwhile, China's credit conditions point to easing monetary support.

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Mexican Peso Outlook: USD/MXN at Risk as Traders Eye Another Banxico Rate Hike

Banxico is seen hiking rates by 25bp to 4.50% tomorrow. As the move has been discounted, traders will be paying close attention to forward-guidance to determine the path of monetary policy.

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Oil Price Forecast: Crude Rebound Emerges amid Failed Test of July Low

The price of oil appears to have reversed course following the failed attempt to test the July low ($65.01) as it carves a series of higher highs and lows.

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US Dollar Tests Support After CPI: EUR/USD, GBP/USD, USD/JPY

The US Dollar pulled back after a 5.4% headline inflation print. Is this a temporary pullback or the beginnings of a USD reversal?

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EUR/GBP Price Outlook: Sluggish Eurozone Recovery Weighs on the Euro

The EUR/GBP pair continues to fall within the descending channel as the eurozone continues its rocky road to recovery

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Gold Price Forecast: Rebound in Bullion Generates RSI Buy Signal

The price of gold may stage a larger recovery over the coming days as the Relative Strength Index (RSI) offers a textbook buy signal.

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USD & US Rates Dip, Reprieve for Gold In Reaction to US CPI

USD dips on US CPI, however, moves likely to be short-lived with inflation Fed goal reached

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Bitcoin (BTC), Ethereum (ETH) Rally Further, Alt-Coins Starting to Lead the Move

In the last week, the cryptocurrency market has seen strong double-digit gains across the board with a range of alt-coins leading the charge.

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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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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 Outlook: EUR/USD at Risk of Falling Below 1.17, Focus on US CPI

The Dollar has been building on last week’s gains leaving EUR/USD just above 2021 low ahead of US CPI data.

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British Pound (GBP) Price Outlook: GBP/USD Still Edging Lower as USD Climbs

GBP/USD continues to slip back as the US Dollar benefits from Senate approval of President Biden’s spending plans and continuing speculation that the Federal Reserve will taper monetary stimulus.

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Crude Oil Prices Fall on Small Stockpiles Draw, Lingering Viral Concerns

WTI crude oil prices fell to $68/bbl after API posted a smaller-than-expected draw in crude inventories. China reported 111 new Covid-19 cases on Tuesday as the Delta variant put the country on hig...

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Gold Price Forecast: Rebound Chances Dwindle as Taper Talk Bets Mount

Gold prices face long odds for a rebound as Fed taper talks solidify, pushing real rates higher. Bulls face a tough technical picture as well.

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Nasdaq 100 Pulls Back Ahead of CPI Data, Asia-Pacific to Open Mixed

The tech-heavy Nasdaq 100 led the decline while energy stocks rebounded on Wall Street, setting a mixed tone for APAC markets. Traders are eyeing today’s US inflation data for clues about Fed monet...

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Bitcoin (BTC/USD) Ether (ETH/USD)Forecast: Crypto special after NFP’S

Bitcoin (BTC) prices chase $45,000 ahead of economic turmoil

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Australian Dollar Outlook: AUD/USD Eyes Westpac Consumer Confidence

The Australian Dollar is seeing a mild rebound following a Rising Wedge breakdown. AUD/USD may see volatility on Westpac consumer confidence due out today.

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US Dollar Outlook: Inflation Data Make-or-Break for DXY

The US Dollar has advanced steadily versus key peers like the Euro and Yen over recent trading sessions. Will inflation data due for release fuel a bullish breakout or bearish reversal in the DXY I...

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USD/JPY Outlook: Dollar Rally to Face Slowing US Inflation

Fresh data prints coming out of the US may rattle the recent advance in USD/JPY as inflation is expected to slow for the first time in 2021.

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Mexican Peso Outlook: U.S. Inflation Data Could Lift Yields & the USD/MXN

The USD/MXN recent rebound could gain momentum if July's US inflation data surprises to the upside and brings forward Fed tightening expectations.

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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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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 Post-NFP Rally Vulnerable to Slowdown in US CPI

The update to the US Consumer Price Index (CPI) may undermine the recent advance in USD/CAD as inflation is expected to slow down for the first time in 2021.

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USD/ZAR Outlook: U.S. Dollar and Delta Variant Factors Key for Rand

After a miserable week last week for rand bulls, focus shifts to U.S. CPI data tomorrow for further guidance on USD/ZAR.

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USD Bulls Stalling, GBP Buyers Step in, Risks Rising for CHF - COT Report

USD bulls begin to stall. Pound sees broad demand, risks rise for CHF.

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EUR/USD Tumbles Into Multi-Month Support After German ZEW Data Disappoints

The latest ZEW economic sentiment data has pushed EUR/USD back towards multi-month lows with little near-term support seen.

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DAX 30 Rejected Again at 15,800; ZEW Sentiment Slumps on Gloomy Outlook

The DAX 30 struggles to build demand as sentiment sours on rising Delta variant in the US and China

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British Pound (GBP) Price Outlook: GBP/USD Still Edging Lower as USD Rises

A modestly firmer US Dollar continues to be the main driver of GBP/USD, with speculation that the Federal Reserve will taper US monetary policy earlier than previously expected helping the US curre...

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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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Crude Oil and Iron Ore Prices in Tailspin as Covid Seen Damaging China’s Growth

Crude oil and iron ore prices appear to be in a tailspin as the Delta Covid variant is forecasted to put the brakes on the Chinese economy as cases grow.

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Gold and Silver Prices Rebound After Big Drop. Are More Gains Ahead?

Gold and silver prices rebounded after falling sharply over the last two days, enticing bargain-hunters. A “Double Top” chart pattern on gold’s chart hints that the overall trend may still be tilte...

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Dow Jones Retreats amid Growth Concerns, Hang Seng Opens Higher

The cyclically-oriented sector led the decline on Wall Street on Monday amid lingering viral concerns and falling crude oil prices. The US Dollar extended higher after a strong NFP. Asia-Pacific ma...

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Copper Analysis: Inflection Point Incoming, Major Support Test Looms

Copper looks set to retest an ascending trendline from March 2020. A slowing Chinese economy is weighing on sentiment amid the spreading Delta Covid variant.

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NZD/USD May Weaken as Goldman Sachs Downgrades Chinese Growth Outlook

The New Zealand Dollar fell overnight against the US Dollar as Covid and Chinese economic downgrades weighed on sentiment.

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Bitcoin Forecast: Infrastructure Amendment Validates Crypto

Bitcoin price action is ripping higher with BTC/USD now up nearly 60% off its recent swing low. The digital asset infrastructure bill amendment serves as the latest bullish catalyst for crypto.

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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 Crawls Higher Ahead of U.S. CPI Data & Banxico’s Rate Decision

USD/MXN could gain momentum and charge higher in the coming days if US inflation data surprises to the upside and reinforces expectations of an early tapering of stimulus.

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US Dollar Rallies to Resistance - Inflation Set to Drive

The US Dollar is testing a resistance zone, holding near highs after a strong move developed last week. This week brings July inflation numbers.

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Crude Oil Prices Plunge to Key Support, Oil Demand Outlook Weakens

Crude oil extends losses as prices fall 4%, Delta variant while slowing China adds to woes

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Bitcoin (BTC), Ethereum (ETH) Consolidating Recent Gains, Outlook Remains Positive

The cryptocurrency market is hanging on to most of this weekend's rally and is likely to push further ahead in the coming days and weeks.

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EUR/GBP Finds Support Within Descending Channel, Eyeing 0.8450

Sellers take a breather as EUR/GBP finds support at 0.8470, but momentum is building lower

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Gold Flash Crash: What Happened and Where Next For Gold?

What just happened to Gold and where next for the (not so) precious metal?

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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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Gold Prices May Break 2021 Floor as Fed Policy Speculation Heats Up

Gold prices may be on course to break the year-to-date floor just below the $1700/oz figure as traders appear to pull forward the timeline for Fed stimulus withdrawal.

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Dow Jones Rose on NFPs. ASX 200 May Climb as Hang Seng Index Falls to Start Week

The Dow Jones outperformed the Nasdaq Composite after solid US NFPs on Friday, opening the door for the ASX 200 to rise as the Hang Seng Index weakens at the start of the week.

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AUD/USD Threatens Key Technical Level as Chinese Inflation Data Nears

AUD/USD is threatening a breakdown as prices test support at the floor of a Rising Wedge chart pattern. Chinese inflation data due out today may be a catalyst.

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Markets Week Ahead: Dow, Gold, Oil, US Dollar, Yen, Inflation, Covid

Markets were relatively quiet despite some bouts of volatility last week. The Dow hit a fresh record high and the US Dollar strengthened while gold and oil plunged. Inflation and covid risk eyed.

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Nasdaq 100 Index Forecast: Eyeing 15,300 With Upward Trajectory Still Intact

The Nasdaq 100 index may be challenging a key resistance level at 15,300 this week amid an upward trend. The MACD indicator edged lower however, suggesting that momentum may be weakening.

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Mexican Peso Weekly Forecast: USD/MXN on the Lookout for Banxico Meeting and Fed Commentary Post NFP

USD/MXN finds strong resistance at 20.00 as sellers attempt to gather momentum

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Euro Forecast: EUR/USD Likely to Hold its Ground in Week Ahead

The Euro is currently being pulled one way by a growing Eurozone economy and the other by a dovish ECB. The result is likely to be opportunities to trade the range in EUR/USD.

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Gold Fundamental Forecast: XAU/USD Eyes CPI After NFP Plunge

Gold prices plunged lower after a hotter-than-expected NFP report bolstered the US Dollar and Fed rate hike bets. The yellow metal turns its focus to CPI figures.

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Weekly Fundamental US Dollar Forecast: Will Inflation Propel US Dollar after the Strong July NFP?

The US Dollar (via the DXY Index) has rallied after the July US nonfarm payrolls report on the back of elevated US Treasury yields and a jump in Fed rate hike odds.

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Bitcoin (BTC), Ethereum (ETH) Looking To Push Higher as Support Levels Hold

The crypto market is pushing higher going into the weekend with Bitcoin eyeing a cluster of prior highs that�are currently�acting�as overhead resistance.

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Australian Dollar May Wobble on Global Covid Cases, Fedspeak, Iron Ore Price Drop

The Australian Dollar may be vulnerable as a combination of rising Covid cases around the world, Fedspeak about tapering asset purchases and falling iron ore prices weigh on AUD/USD.

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British Pound Forecast: BoE Talks End Game, EUR/GBP Drops to Yearly Lows

BoE announces threshold to unwind balance sheet. EUR/GBP risking a break of YTD lows.

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Non-Farm Payrolls (NFP), Ethereum Fork (ETH) & Robinhood (HOOD) – FinTwit Trends to Watch

Fintwit this week - DXY pops after positive NFP and unemployment data, Ethereum (ETH) rallies while Robinhood fades.

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Gold Price Remains Susceptible to Death Cross Formation Following NFP

The technical outlook casts a bearish forecast for the price of gold as a ‘death cross’ formation looks poised to take shape over the coming days.

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USD/JPY Spikes Higher as US Dollar Gains on Solid NFP Report

USD/JPY price action just made a sharp move higher with the US Dollar strengthening in response to better-than-expected nonfarm payrolls data.

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SA Rand Forecast: USD/ZAR Spikes After Finance Minister Reshuffle, NFP Next

USD/ZAR shot up briefly last night as President Ramaphosa announced a cabinet minister reshuffle. NFP data set to add to the recent volatility in the pair

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USD/CAD Facing a Double Dose of Critical Jobs Data

USD/CAD traders are sitting on their hands as crucial US and Canadian jobs data hit the wires later in the session.

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DAX 30, FTSE 100 and CAC 40 Fighting Off Resistance as Momentum Builds

European equities attempt to break away from key resistance as buyers keep momentum going

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US Dollar Price Outlook: Market Risk Heightened on NFP Release

NFP report important for Fed signal timing of QE taper.

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Gold (XAU/USD) prices falter ahead of Non-Farm Payrolls (NFP), Silver Stalls

Gold prices drop below $1,800 ahead of Non-Farm Payrolls. Silver prices stabilize below prior trendline resistance

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Indian Rupee Falls as RBI Holds Dovish Stance, USD/INR Eyes Support. Nifty 50 at Risk?

The Indian Rupee fell as the RBI maintained its accommodative stance, but it was not unanimous. USD/INR bounced off key support. The Nifty 50 gave up gains as bond yields climbed.

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Natural Gas Outlook: Warms Conditions Persist in the US and Europe, Gains Ahead?

Natural gas continues to look higher, as hot weather and drought conditions across the United States and Europe, help fuel the already strong demand narrative for the commodity.

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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 Hits All-Time High, Lifting Nikkei 225 and ASX 200

The Nasdaq 100 index climbed to a record high ahead of Fridays nonfarm payrolls report. Strong US earnings underpinned sentiment, whereas the Delta variant remains a top weighing factor. APAC marke...

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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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Australian Dollar Forecast: AUD/USD May Move on RBA, Covid, China, US NFPs

The Australian Dollar is benefiting from a rebound in sentiment after Wall Street closed higher. AUD/USD looks to the RBA and Friday's NFP report as the week comes to a close.

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US Dollar Outlook: NFP Report Set to Sway Fed Taper Timeline

The US Dollar is in the hot seat with outlook for USD price action hinging largely on the upcoming release of monthly nonfarm payrolls data and its potential to impact the Fed taper timeline.

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