Friday, 31 December 2021

AUD/USD May Fall on Lagging RBA, Risk Aversion: Top Trade Q1 2022

The Australian Dollar has struggled to make good on its pivot away from dovish policy extremes at the RBA, its home central bank. Governor Philip Lowe and company began scaling back Covid-linked as...

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AUD/USD May Fall on Lagging RBA, Risk Aversion: Top Trade Q1 2022

The Australian Dollar has struggled to make good on its pivot away from dovish policy extremes at the RBA, its home central bank. Governor Philip Lowe and company began scaling back Covid-linked as...

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Small, Short-Term Plays in Equity Indices: Top Trade Q1 2022

Despite trading near all-time highs, equity indices may be a source of volatility and two-sided action as changing interest rates, inflation, and COVID-variants are likely to continue dominating he...

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The Japanese Yen: No Relief in Sight: Top Trade Q1 2022

The JPY has been the worst performing G10 currency this year. Driving the JPY weaker has been a reasonably benign environment for risk assets, higher US rates and more recently the energy shock.

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AUD Q1 2022 Fundamental Forecast: Central Banks Hold the Keys to Currency Direction

The Australian Dollar made a new low for the year in the fourth quarter, stopping short of the November 2020 low of 0.6991. It appears that the impact of commodity prices and long-term interest rat...

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3 Types of Forex Analysis

Discover the 3 types of forex analysis used to anticipate market movements and analyse trends.

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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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Gold Price Extends End of Year Rally While Safe Haven Bets Tumble

Gold’s downside 2022 forecast has been exacerbated by the fading Omicron variant, but dollar weakness has kept gold in the green today and could allow for further upside.

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Gold Price Outlook: Fed Hiking Cycle Impact on Gold

Gold tends to struggle in the run up to the first Fed rate hike.

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Gold Q1 2022 Fundamental Forecast: Gold Fundamental Outlook Proves Mixed

While posting a modest positive performance in the final quarter of 2021, the shift by several central banks to begin withdrawing pandemic-era stimulus efforts had begun to weigh on longer-term inf...

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Crude Oil Dips After Record-Breaking Year as US Dollar Sidelined. Where to for WTI in 2022?

Oil dipped today, despite Chinese data beating expectations as markets prepares to end an eventful 2021. Will WTI uptrend resume next year?

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Platinum Price Forecast: XPT/USD Rise in Short Bets Risks Triggering a Potential Squeeze

Platinum prices are on track to put in a loss for 2021, but short bets have increased to levels not seen since September. That opens the door for a possible short squeeze, although technicals look ...

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JPY Q1 2022 Fundamental Forecast: USD/JPY, Fed, Labor Market Eyed

The anti-risk Japanese Yen had a mixed performance against its major peers throughout the fourth quarter of 2021. It weakened against haven-oriented currencies, such as the US Dollar and Swiss Fran...

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Thursday, 30 December 2021

Gold Price Outlook: XAU Surrenders to a Stronger Dollar, Stocks Rise

Gold bulls lose steam after risk appetite supports a stronger US Dollar. Stocks hold gains as a potential ‘Santa Claus Rally’ supports the equity market

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Trading the London Session: Guide for Forex Traders

Discover the London FX session, the best currency pairs to trade and how to trade breakouts.

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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 Technical Setup: Recent Euro Respite May be Short-lived

The Euro has both fundamentals and technical setups stacked against it, in spite of a recent pull back against the dollar while contrasting central banks are geared towards bearish pressure on EUR/...

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Forex Trading Journal: A How-To and other Forex Trading Tips

Log your trades and refine your strategies based on learning from previous experiences.

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Bank of England Hiking Cycle: FTSE 100, FTSE 250, GBP/USD, GBP/EUR Analysis

BoE rate hike impact on UK assets 3-months after liftoff

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Wednesday, 29 December 2021

Oil Q1 2022 Fundamental Forecast: Crude to Avoid Bear Market as Supply Constraints Persist

The price of oil may face a bear market in the first quarter of 2022 as it falls nearly 20% from the 2021 high ($85.41).

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Using Stop Loss Orders in Forex Trading

Market movements can be unpredictable. The stop loss can provide protection against losses.

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USD/TRY, EUR/TRY Restart Climb After Intervention

Aggressive intervention efforts last week saw the Turkish Lira gain +50% in a matter of days.

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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 Look Up as Both Inflation and Safe Haven Allure Deepens

Despite a hawkish Fed and a bullish dollar outlook for 2022 current fundamentals may give gold one last uptick with higher inflation expectations and rising COVID cases.

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Gold Price Outlook: Fed Hiking Cycle Impact on Gold

Gold tends to struggle in the run up to the first Fed rate hike.

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Tuesday, 28 December 2021

Euro Q1 2022 Fundamental Forecast: Still No Rate Hike, Still No Euro Recovery

After dropping almost continuously for more than six months, you might think that EUR/USD is overdue a substantial rally. The problem is that it remains almost impossible to imagine a catalyst for ...

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Mexican Peso Outlook: USD/MXN Falls as Risk-Appetite Recovers. Will This Trend Last?

The Mexican peso has recovered against the US dollar, driven by increased risk appetite, but traders should be careful this week as low liquidity may give way to erratic and unexpected moves.

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Gold Price Outlook: XAU/USD Reaches a Monthly High, US Equities Limits Gains

Gold prices remain resilient after the number of Covid cases reaches record high. Inflationary pressures and the US Dollar assist provide an additional catalyst for price action

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The New York Session: Forex Trading Tips

When the US session overlaps with the London session it is considered the most liquid period of the day.

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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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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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USD/ZAR Forecast: Festive Lull Fixes South African Rand Around 15.55

The Christmas period has provided an expectant result thus far with low volatility and a declining dollar. The rand has benefitted with the aid of higher commodity prices reflective in USD/ZAR pric...

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Tech Stocks Lead Wall Street to Record High, Gold Prices Up on Inflation Bets

Tech stocks led Wall Street to a record high while gold rose amid firming inflation expectations amid hopes for a strong holiday shopping season.

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Monday, 27 December 2021

USD Q1 2022 Fundamental Forecast: Dollar's Hawkish Path Is Not Necessarily a Bullish One

The US central bank announced a significant shift in its monetary policy stance to end 2021, but the ultimate impact of the more hawkish bearing seemed to barely register for the Dollar and risk as...

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The Psychology of Speculation in the Forex Market

Find out how to develop a positive trading mindset to speculate on forex like a professional.

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How to Be a Part Time Trader: Tips on Workflow and Strategy

The 24-hour FX market makes it easier for part time day traders to take advantage of trends.

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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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How to Manage Fear and Greed in Trading

Fear and greed, two drivers that influence our lives, can carry over to trading and be detrimental.

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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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Sunday, 26 December 2021

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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Top 10 Candlestick Patterns To Trade the Markets

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

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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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Q1 2022 Fundamental and Technical Forecasts

Cross-asset fundamental and technical forecasts that will help traders navigate major markets in Q1 2022.

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Bitcoin Q1 2022 Fundamental Forecast: Macro Will Matter (More) To Bitcoin

The path forward has been anything but smooth as bitcoin investors have consistently weathered periods of gut-wrenching volatility. For some traders, this is an attractive feature of the asset, the...

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GBP Q1 2022 Fundamental Forecast: Additional Bank of England Rate Hikes are on The Way

The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic...

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JPY Q1 2022 Fundamental Forecast: USD/JPY, Fed, Labor Market Eyed

The anti-risk Japanese Yen had a mixed performance against its major peers throughout the fourth quarter of 2021. It weakened against haven-oriented currencies, such as the US Dollar and Swiss Fran...

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Saturday, 25 December 2021

Trading Inflation Expectations

Like an ominous scene from a classic horror movie, rising inflation in 2021 was expected to be the boogeyman that killed the "everything rally" in 2021. But with the S&P 500 up 15% year-to-date, th...

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USD Q1 2022 Fundamental Forecast: Dollar's Hawkish Path Is Not Necessarily a Bullish One

The US central bank announced a significant shift in its monetary policy stance to end 2021, but the ultimate impact of the more hawkish bearing seemed to barely register for the Dollar and risk as...

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Oil Q1 2022 Fundamental Forecast: Crude to Avoid Bear Market as Supply Constraints Persist

The price of oil may face a bear market in the first quarter of 2022 as it falls nearly 20% from the 2021 high ($85.41).

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The Kelly Criterion

Gamblers and traders alike should get to know the Kelly criterion intimately

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AUD Q1 2022 Fundamental Forecast: Central Banks Hold the Keys to Currency Direction

The Australian Dollar made a new low for the year in the fourth quarter, stopping short of the November 2020 low of 0.6991. It appears that the impact of commodity prices and long-term interest rat...

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JPY Q1 2022 Technical Forecast: USD/JPY Chart Points Higher to Kick Off the Year

The Japanese Yen saw significant weakness against the US Dollar in 2021. USD/JPY gained in all but three months last year, with the currency pair hitting the highest level since January 2017 in Nov...

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Friday, 24 December 2021

Euro Q1 2022 Fundamental Forecast: Still No Rate Hike, Still No Euro Recovery

After dropping almost continuously for more than six months, you might think that EUR/USD is overdue a substantial rally. The problem is that it remains almost impossible to imagine a catalyst for ...

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How to Control Greed When Trading

Greed can turn good trades into bad ones and bad trades into worse trades. Learn how to manage it.

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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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Gold Price Outlook: Fed Hiking Cycle Impact on Gold

Gold tends to struggle in the run up to the first Fed rate hike.

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Bitcoin (BTC) Back at $51k, Large Cap Altcoins Lead the Rally

The cryptocurrency market looks in good shape heading into the festive period with the altcoin market showing some hefty gains this week.

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Thursday, 23 December 2021

Using the COT Report in Forex Trading

The weekly Commitment of Traders Report provides information on the positioning of currency pairs.

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What is FOMO in Trading? Characteristics of a FOMO Trader

What is FOMO in trading, why does it happen and how does it impact trading success?

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Bitcoin (BTC/USD) Prices Test Resistance, Risk Sentiment Bolsters Gains

Bitcoin prices temporarily rise above trendline resistance as US sentiment supports riskier assets. Is a potential ‘Santa Claus’ rally fueling demand for stocks and digital assets?

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US Core PCE Hits 4.7%, Beating Expectations, US Dollar (DXY) Moves Higher

The Fed's favored measure of US inflation, core PCE, rose by 4.7% on an annualized basis.

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Bank of England Hiking Cycle: FTSE 100, FTSE 250, GBP/USD, GBP/EUR Analysis

BoE rate hike impact on UK assets 3-months after liftoff

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High Beta Currencies Benefit From Year-End Short Squeeze, Reflecting on GBP/JPY Top Trade

Year-End Short Squeeze and Thin Volumes Exacerbates FX Price Action

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FTSE 100, British Pound (GBP) Nudge Higher on Positive News Flow

Financial markets are pushing slightly higher in early trade, boosted by positive US economic data and Omicron news flows.

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Wednesday, 22 December 2021

Forex Spreads Trading Strategies & Tips

Learn how to master the forex spread and keep your trading costs low with our strategies and tips.

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Crude Oil Price Jumps on Upbeat Outlook and Softer US Dollar. Where To For WTI?

Crude continued higher as Omicron fears lessened and inventory numbers showed healthy demand for oil. Can WTI break higher?

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AUD/USD Targets Monthly High as Omicron Risk Fades and Nasdaq 100 Rallies

AUD/USD rose as risk aversion receded on Wall Street, with the Nasdaq 100 gaining for a second day. Australian private sector growth will cross the wires during illiquid trading conditions.

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Nasdaq 100 Gains as Traders Seek Exposure to Risk-Assets on Santa Rally Hopes

Nasdaq 100 rises for the second day in a row as market sentiment continues to improve and traders rush to increase their exposure to risk assets on fears of missing out on the Santa Rally.

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Bank of England Hiking Cycle: FTSE 100, FTSE 250, GBP/USD, GBP/EUR Analysis

BoE rate hike impact on UK assets 3-months after liftoff

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Introduction to Basic Trendline Analysis

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

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US Dollar (USD) Unfazed by Higher Than Expected GDP Data

US GDP (Q3) increases by 2.3% beating estimates of 2.1%. Core PCE Prices QoQ climbs by 4.6% vs 4.5% estimate.

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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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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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British Pound (GBP) – Mixed UK Q3 GDP Data, GBP/USD Nudges Higher

Final UK Q3 GDP data missed expectations but revisions to earlier numbers painted a slightly better picture of the UK economy.

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Canadian Dollar Looking Undervalued vs USD, Markets Chop as Volumes Dwindle

Directionless trade as volumes recede ahead of festive period. CAD looking undervalued vs USD

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Tuesday, 21 December 2021

Stock Trader Sara Goldstein on Developing an Expertise



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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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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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Forex Trading Journal: A How-To and other Forex Trading Tips

Log your trades and refine your strategies based on learning from previous experiences.

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Gold Price (XAU/USD) – Struggle Continues in Low Volatility Conditions

Gold's lackluster performance of late shows no signs of abating as technical levels continue to hold price action.

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USD Long Far From Crowded, GBP Sentiment Deteriorates, NZD Flips to Net Short – COT Report

USD longs continued to pick up, GBP net shorts grow, however, downside limited from here

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Monday, 20 December 2021

Turkish Lira Eyes Best Week in 40 Years, USD/TRY Rapidly Sinks in Illiquid Conditions

The Turkish Lira suddenly soared over 15% against the US Dollar in the aftermath of President Erdogan’s measures to support the currency. TRY is aiming for the best week in 40 years.

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Impact of Bank of England Rate Hikes on FTSE 100, FTSE 250, GBP/USD, GBP/EUR

BoE rate hike impact on UK assets 3-months after liftoff

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Euro-Outlook-EURUSD-EURGBP-Key-Levels-Omicron-Fears-Rise

Euro resilience continues to hold despite renewed lockdowns, Omicron fears spill into global markets

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Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

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European Equities Slump on Renewed Omicron Fears, Risk Assets Shunned

Stock markets in Europe have opened the session sharply lower as traders continue to de-risk ahead of the Christmas break.

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Sunday, 19 December 2021

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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Crude Oil Prices and Stocks Fall as Omicron, Central Banks Spook Markets. Will WTI Make a New Low?

Oil crashed lower on Monday as risks to global growth emerged from several directions ahead of the holiday season. Can crude fight the tide going out?

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NZD/USD Eyes Risk Trends and China Loan Prime Rate in APAC Trading

NZD/USD is near its monthly lows as traders digest Kiwi economy data. China's PBOC will announce 1- and 5-year loan prime rates (LPRs) today as Omicron risks linger.

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3 Types of Forex Analysis

Discover the 3 types of forex analysis used to anticipate market movements and analyse trends.

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Trading Journal: What it is and How to Create One

Explore the benefits of a trading journal and how to create one that aligns with your strategy.

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Saturday, 18 December 2021

7 Step Trading Checklist Before Entering Any Trade

A checklist is a vital part of the trading process; helping traders to be disciplined and confident.

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Friday, 17 December 2021

Dow Jones Limps into the Close as Equity Lull Continues

The Dow shed over 500 points on Friday to close out a tumultuous week for US equity benchmarks.

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The Stock Market is Apolitical

History has shown presidents are the unwitting beneficiaries of economic good times (such as Bill Clinton in the 1990s) or unfortunate scapegoats during severe downturns (such as Herbert Hoover at ...

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Major Forex Trading Sessions from Around the World

All traders should know of the 3 major forex trading sessions which comprise the 24-hour market.

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Managing Risk in an Emotional Market

The mania engulfing the 2021 trading year serves as a strong reminder that adherence to disciplined portfolio risk management is imperative.

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Currency Carry Trade: What is it and how does it work?

Learn how to calculate and implement currency carry trades in your forex trading strategy.

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Will Inflation Push Gold to a New All-time High

The price of gold recently hit a five-month high and is trading just 9% below its all-time high, setting up the potential for a dramatic finish to the year. Over the course of the last six weeks, g...

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Thursday, 16 December 2021

Gold Prices Gained as US Dollar and Treasury Yields Fell. Will XAU/USD Keep Rising?

Gold seemed to take a haven role Thursday, but a closer look showed that weakness in the US Dollar and Treasury yields boosted XAU/USD. Retail investors are shorting gold, will it rise?

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USD/CAD Susceptible to Larger Pullback on Failed Test of Yearly High

USD/CAD may face a larger correction over the coming days amid the failed attempt to test the yearly high (1.2949).

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Rates markets have moved considerably after the final Bank of England and European Central Bank meetings of 2021.

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Game Theories

Professional poker players Vanessa Selbst and Alexis Zervos both found second careers as hedge fund managers. The sound mathematical reasoning and strong risk management skills they learned at card...

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Euro, Pound Technical Analysis: EUR/USD, GBP/USD, GBP/JPY

It's been a busy 24 hours across global markets, with EUR/USD and GBP/USD in the spotlight after rate decisions from the European Central Bank and the Bank of England.

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ECB Leaves Monetary Policy Unchanged, EUR/USD Pop Begins to Fade

The European Central Bank (ECB) has left all monetary policy settings untouched, as expected, as attention now turns to the ECB press conference at 13:30 GMT.

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Bank of England Increases UK Interest Rate, GBP/USD Jumps

The Bank of England has raised its benchmark UK interest rate to 0.25% from 0.1%, sending GBP/USD higher.

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Wednesday, 15 December 2021

Australian Dollar Remains Firm Versus US Dollar After Blowout Jobs Report

AUD/USD's outlook is brightening after the pair held onto overnight gains after a blowout employment report that showed a gain of 366k jobs for December. The ECB and BoE rate decisions shift into f...

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AUD/USD Post-Fed Outlook Hinges on Australia Employment Report

The update to Australia’s Employment report may prop up AUD/USD as job growth is expected to increase for the first time since July.

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Federal Reserve: December FOMC Rate Decision

The December rate decision is finally here and the Fed is opening the door to a policy shift for next year as inflation has continued to rage in the background.

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Amazon's New Silk Road

The big American online retailer has become inextricably intertwined with China—but do Americans care? Amazon and China can’t seem to get enough of each other. If something’s made in China, then Am...

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EUR/USD, GBP/USD: Rate Decisions as Price Sits at Major Levels

Get ready for an especially busy outlay over the next couple of days, with rate decisions out of the Federal Reserve, the European Central Bank and the Bank of England.

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Gold Prices (XAU/USD) Stutter ahead of FOMC – All Eyes on the Fed

Gold price action remains lackluster despite UK inflation data surging to decade high. FOMC and Fed rate decision remain at the forefront of sentiment.

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Crude Oil Price Outlook: Holding up Well Despite Demand Fears

The price of US crude oil has eased over the past week on fears that demand will be hit by the spread of the Omicron coronavirus variant. However, the fall has been small, suggesting some underlyin...

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EUR/USD, EUR/GBP Braced For a Central Bank Bonanza

Euro traders are likely to face a short-term period of volatility as the Fed, BoE, and ECB all announce their latest monetary policy decisions this week.

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FTSE 100 Forecast: More Losses Likely on UK Political Turmoil

UK Prime Minister Boris Johnson suffered a major blow late Tuesday as nearly 100 MPs from his ruling Conservative Party rebelled; that’s bad news for the FTSE 100 index of London-listed stocks.

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Tuesday, 14 December 2021

Nasdaq 100 Slides as Traders Prepare for a Hawkish Turn From the FOMC

Nasdaq 100 falls for the second consecutive day on expectations the Fed may adopt a hawkish stance at the end of its December monetary policy meeting to curb high inflation in the economy.

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NZD/USD Outlook: RSI Flirts with Oversold Zone Ahead of Fed, NZ GDP

A move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in NZD/USD like the behavior seen earlier this month.

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

Tomorrow brings a massively important FOMC rate decision and the US Dollar is already bristling for another breakout. Will the Fed feed bulls the projections that they need for a fresh high?

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Gold Price Outlook: XAU Embraces Resistances as Fed Decision Looms

Gold prices ease in anticipation of the FOMC rate decision: Will a hawkish Fed push prices out of their well-defined range?

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US PPI Advances 0.8% to Beat Estimates, Reinforces Widespread Inflationary Pressures

The US Producer Price Index (PPI) increased in November by 0.8% versus an estimated rise of only 0.5% adding to existing inflation concerns

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Trader Caution Called for on Omicron Spread, Fed Meeting | Sentiment Webinar

Market sentiment is broadly neutral as the Omicron coronavirus variant spreads and the FOMC meeting looms; traders will need to be careful until this week’s central bank meetings are over.

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Monday, 13 December 2021

USD/JPY Outlook Hinges on Fed’s Forward Guidance for US Rates

The Federal Reserve rate decision may spark a near-term rally in USD/JPY if the central bank shows a greater willingness to implement a rate hike sooner rather than later.

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FX Week Ahead - Top 5 Events: Fed Meeting; BOE & ECB Rate Decisions; Canada Inflation Rate; Australia Jobs Report

The turn through the middle of December promises an exciting economic calendar.

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Want to Improve Financial Performance? Hire More Women

Companies with the highest representation of women on their top management teams experienced better financial performance than companies with the lowest.

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U.S. Consumer Long-Term Inflation Expectations Are Increasingly Uncertain

U.S. Consumer Inflation Expectations saw a continued increase in short-term inflation expectations, but sentiment regarding long-term growth is mixed.

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Gold Price Forecast: XAU Winds Up for a Big Break - FOMC on Tap

Gold price have been eerily quiet over the past few weeks, but that all may change this week as the economic calendar is loaded with drivers.

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Ethereum, Bitcoin Price Analysis: ETH/BTC Bullish Continuation Setup

The crypto markets have witnessed a slow and steady decline from recent highs but Ethereum’s relative strength vs Bitcoin positions the ETH/BTC pair at a crucial juncture

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Sunday, 12 December 2021

Hawkish vs Dovish: How Monetary Policy Affects FX Trading

Hawkish and dovish policies affect FX rates through a mechanism referred to as 'forward guidance'.

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Euro Straddles 1.1300 Ahead of ECB and Fed Meetings. Will EUR/USD Break Out?

The Euro has been trading in a narrowing range against the US Dollar as the market awaits a plethora of central bank meetings this week. Where to for EUR/USD?

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AUD/USD Looks Higher Ahead of Busy Week as Sentiment Improves

AUD/USD may get a boost from broader risk-on sentiment, with Asia-Pacific markets set for a higher open to start the week. Traders have several high-impact events due out this week in focus.

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Weekly Fundamental US Stocks Forecast: Will Fed Increase QE Taper?

US inflation rates haven’t been this high since 1982, and the jobs market continues to improve. Has the market already discounted a more hawkish Federal Reserve?

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Markets Week Ahead: Nasdaq 100, US Dollar, Gold, Euro, British Pound, Fed, ECB, BoE

Volatility was crushed this past week as the Nasdaq 100 gained and the US Dollar weakened. Ahead, gold is eyeing the Fed. This is as the Euro, British Pound and Japanese Yen are facing the ECB, BoE...

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Dow Jones, S&P 500, Nasdaq 100 Outlook for the Week Ahead: All Eyes on the Fed

The Dow Jones, S&P 500 and Nasdaq 100 are eyeing the Federal Reserve. Will the central bank speed up the pace of tapering its balance sheet? What does that mean for stocks?

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Saturday, 11 December 2021

Euro Forecast: ECB Facing Tough Decisions on Asset Purchase Programs

Where the Euro goes from here will depend on what the ECB decides on monetary policy at this Thursday’s meeting of its Governing Council, and that is unusually difficult to predict.

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Gold Price Forecast: XAU Eyes FOMC as Falling Breakeven Rates Drag Gold

Gold prices trimmed losses into the weekend after the highest US CPI print since 1982. US breakeven rates have faded despite hot inflation numbers. The FOMC meeting will likely provide bullion's ne...

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Bitcoin (BTC), Ethereum (ETH) – Down But Not Yet Out

After last weekend’s brutal sell-off, the cryptocurrency market has regained some composure and looks set for a period of consolidation around its current levels if support levels hold.

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Friday, 10 December 2021

Australian Dollar Outlook: US Dollar, RBA, Fed. Is AUD/USD Sidelined?

The Australian Dollar found support as shorts were squeezed, but will it be enough for AUD/USD gains in the face of a dovish RBA against a hawkish Fed?

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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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GBP Forecast: GBP/USD in the Eye of the FOMC/BOE Volatility Storm

Risks remain lower for GBP, however, markets are nearing peak bearishness.

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U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

U.S. Consumer Sentiment saw a jump from November’s 67.4 to 70.4, above the forecasted level of 67.1.

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USD Dips, Gold Picks Up on 40yr High Inflation Having Matched Estimates

US CPI hits 40yr high, USD dip to be transitory amid FOMC next week

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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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Chinese Yuan (CNH) Latest: PBoC Signals Unease With CNH Rise, Reversal May Boost USD

Chinese Authorities Take Action to Curb Yuan Strength

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Gold Price Outlook – Support Looks Vulnerable if US Inflation Runs Hot

Gold continues to trade in a tight range and sits just above an important support level ahead of the latest look at runaway US inflation

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UK GDP Prints Slightly Below Expectations In a Quarter Likely to be Affected by Omicron

The October GDP miss is mainly attributed to weakness in manufacturing, construction and industrial sectors with total GDP now just 0.5% off pre-pandemic levels

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Thursday, 9 December 2021

NZD/USD Eyes Channel Break. Chinese Stocks Set to Outpace on FX Reserve Ratio Hike

NZD/USD may aim higher as prices attempt to break channel resistance. Meanwhile, Chinese equities may be positioned to outperform following a move by the PBOC to cut Yuan strength.

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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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US Dollar (DXY) Treading Water as US Inflation Report Nears

The US dollar is quiet ahead of Friday's US Inflation Report which is expected to show price pressures in the US hitting another three-decade high.

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Pound Sterling Price Analysis: GBP/USD Selling Pressure Continues as Institutions Weigh-in

An already underperforming Pound Sterling has been hit by the UK gov’s enhanced restrictions dubbed “Plan B”. Key Technical levels considered.

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Australian Dollar Forecast: Aggressive AUD/USD Rebound Facing Topside Hurdle

Sharp AUD/USD Rebound To Face Marginal Pullback as Risk Appetite Sours

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Trading Journal: What it is and How to Create One

Explore the benefits of a trading journal and how to create one that aligns with your strategy.

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FTSE 100 Price Outlook: London Stocks to Advance Further as UK Rate Hike Fears Fade

The Bank of England looks increasingly unlikely to increase UK interest rates next Thursday, and that’s positive for the FTSE 100 index of the major London-listed stocks.

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Wednesday, 8 December 2021

Canadian Dollar Price Action post-BoC: USD/CAD, CAD/JPY, Eyes on Oil

USD/CAD is bouncing from support as CAD/JPY tests a big spot of resistance. Friday's CPI print combined with recovery in Oil prices can keep these pairs on the move ahead of FOMC next week.

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Bank of Canada Disappoints Canadian Dollar Bulls

BoC maintains view on economic slack assessment, CAD pulls back

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EUR/USD Ongoing Weakness, EUR/GBP Aided by UK Political Shambles, EUR/CAD Eyes BoC

Euro traders have plenty to look at currently, aside from Omicron cases, with politics and central bank decisions foremost.

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Bank of Canada Preview: How Will the Canadian Dollar (CAD) React?

Canadian Dollar Reaction Dependent on BoC's Economic Slack Absortion Assessment

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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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British Pound (GBP) Price Outlook: Downside Pressure on GBP/USD Persists

GBP/USD continues to make little headway to the upside, despite Omicron optimism, with the previous channel support now looking increasingly like resistance.

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Tuesday, 7 December 2021

10 Trading Mistakes to Avoid in Forex Trading

Human error in the FX market is common and can lead to common trading mistakes. See the top 10.

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Apple, Nasdaq, ARKK Jump as China Sounds Support: Is the Santa Rally Here?

Stocks are in the midst of a massive rally right now, coming in stark contrast to the fear coursing through equities last week.

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Markets Rallying as Omicron Fears Recede | Sentiment Webinar

Trader confidence is picking up as hopes rise that the Omicron coronavirus variant will be less damaging to the global economic recovery from the pandemic than once seemed likely.

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Gold Price Currently Lacks Any Meaningful Conviction, Volatility Lies Elsewhere

Gold is stuck in a short-term rut with little price action of note, especially when compared to a range of other risk-related assets.

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South African GDP Contracts in Q3 After Four Successive Quarters of Growth

South African GDP contracted by 1.5% for Q3 as manufacturing, trade and accommodation industries led the decline

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EUR/USD Muted Following Mixed ZEW Survey, Euro Risks Remains Lower

ZEW Survey highlights reduced investor confidence, bias remains to fade Euro rallies

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British Pound (GBP) Price Outlook: GBP/USD Stable But Still Testing Support

Sterling is modestly higher against both the US Dollar and the Euro but GBP/USD remains close to trendline support and if that breaks then further losses are likely.

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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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Crude Oil Price Rise May Struggle on Incoming Supply, Demand Data

Crude oil prices are rebounding to test back above the key $70/barrel figure but gains may be capped by incoming trade, inventories and output forecast data.

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Monday, 6 December 2021

Gold Price Outlook: XAU Prices Coiling for Potential Move on US Inflation Data?

Gold prices are rather calm as bullion traders await US inflation data. That may shift inflation expectations and gold-sensitive breakeven rates.

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Australian Dollar Skittish After the RBA Left Policy Unchanged. Where to for AUD/USD?

The Australian Dollar edged up slightly after the RBA left the cash rate target at 0.10% and weekly asset purchases at AUD 4 billion. Will AUD/USD go higher?

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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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S&P 500 and Dow Jones Gain. Will ASX 200 Rise on RBA after PBOC RRR Cut?

The S&P 500 and Dow Jones rose as cyclical stocks boosted Wall Street after Omicron variant woes faded and the PBOC cut the RRR rate. Will the ASX 200 rise on the RBA rate decision?

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AUD/USD Rises With Down Jones as Traders Await China Trade Data, RBA

The Australian Dollar may continue its overnight rise versus the US Dollar if Chinese trade data impresses. The RBA decision is also in focus for today's APAC session.

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Natural Gas Plunges Over 10% on Warmer Winter Forecasts

Natural gas prices came under severe pressure on Monday as warm weather continues to sweep across the United States.

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Dow Jones Leaps as Omicron Fears Ease; Airline Stocks Take Off as Bargain Hunters Swoop In

The Dow Jones surges 1.87% on Monday amid easing pandemic fears on news that the COVID-19 omicron variant may cause only mild disease and be less severe than other strains of the virus.

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EUR/USD Rebound From November Low Unravels amid Hawkish Fed Rhetoric

EUR/USD may continue to give back the rebound from the November low (1.1186) as a growing number of Fed officials show a greater willingness to normalize monetary policy.

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FX Week Ahead - Top 5 Events: BOC & RBA Rate Decisions; UK GDP; German & US Inflation Rates

The first full week of December brings about a slew of important economic data releases and events from around the globe.

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Gold Price Forecast: Gold After the Bear Flag Breach, CPI on Deck

Gold prices broke through the bear flag but didn't get much run thereafter. Is a bullish engulf from Friday pointing to a greater pullback in the bearish theme?

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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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AUD/USD Forecast: Australian Dollar Susceptible to Wait-and-See RBA

The Reserve Bank of Australia (RBA) interest rate decision may produce headwinds for AUD/USD as the central bank is widely expected to retain the current policy.

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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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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC

The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on ...

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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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Cryptocurrencies Hammered Over the Weekend, ETH/BTC Spread Continues to Rally

A sharp sell-off over the weekend has sent a range of cryptos to multi-week lows, but that hasn't stopped the ETH/BTC rallying moving ever higher.

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AUD/USD at the Extremes, Fading EUR/GBP Rallies Remains Appropriate

AUD/USD extremely oversold, stable equities should prompt rebound, EUR/GBP to stall at 200DMA

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Evergrande Shares Slump to a Multi-Year Low on Fresh Default Fears

Chinese property developer Evergrande Group is on the cusp of defaulting after warning Friday that it may not have the money to pay its obligations.

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Gold Prices May Backtrack as Markets Steady, Omicron a Wildcard

Gold prices may retrace some recent gains as sentiment stabilizes across major financial markets following last week’s blood-letting. The Omicron variant is a wildcard however.

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Sunday, 5 December 2021

Crude Oil Holds Gain on OPEC+ Fallout and US Dollar Softens. Where To From Here?

WTI nudged higher today as risk sentiment generally improved and the US Dollar lost ground to commodities. Have we seen the low in crude for now?

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How to Manage Fear and Greed in Trading

Fear and greed, two drivers that influence our lives, can carry over to trading and be detrimental.

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Australian Dollar Forecast: AUD/USD in Focus as Traders Await Omicron News, RBA

The risk-sensitive Australian Dollar is moving slightly higher as the APAC trading week kicks off. Traders await developments on the Omicron threat as the RBA's last meeting of the year approaches.

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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC

The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on ...

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S&P 500 Weekly Forecast: Omicron Fears May Weigh on US Stocks; Reopening Trade at Risk

U.S. stocks, particularly the reopening basket, may come under more pressure in the near term as traders trim positions in risk assets amid omicron variant uncertainty and fragile sentiment.

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USD/JPY on the Cusp of Reversal as All Yen Crosses Yield to Risk Trends

The volatility that has stirred in the broader financial markets doesn’t full encompass the retreat in a range of ‘risk’ assets that we have seen for some weeks. That erosion has hit many of the Ye...

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Saturday, 4 December 2021

Euro Week Ahead Forecast: EUR/USD Bounce May Be Over Already

EUR/USD was relatively stable last week but it is still hard to see a stronger recovery unless the European Central Bank reverses its position that a tightening of Eurozone monetary policy is not n...

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Gold Makes Third Successive Weekly Decline As General Market Sentiment Whipsaws

Gold, much like many other markets this week, witnessed a change in sentiment as Omicron fears and questions over aggressive tapering bets eased.

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US Dollar Fundamental Forecast: DXY Primed Ahead of CPI Data

The US Dollar index closed higher for the sixth consecutive week as fundamental tailwinds buoyed the Greenback. This week's CPI data may push the DXY index higher on hawkish Fed rate hike bets.

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USD/CAD Outlook Hinges on Bank of Canada (BoC) Rate Decision

The Bank of Canada’s (BoC) last interest rate decision for 2021 may keep USD/CAD afloat as the central bank is expected to retain the current policy.

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Friday, 3 December 2021

Australian Dollar May Wobble on RBA Rate Decision, Omicron Variant and US CPI

The Australian Dollar remains vulnerable ahead of the last RBA rate decision of 2022. The Omicron Covid-19 variant poses a risk if strict lockdowns ensue. Will AUD/USD’s decline extend?

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Metaverse Cryptocurrencies: What Exactly Are You Buying?

“The Metaverse” has gone from niche sci-fi novel concept to Facebook’s product strategy. We’ve seen Metaverse related crypto-games such as Decentral land (MANA), Sandbox (SAND) and Enjin Coin (ENJ)...

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GBP Forecast: Omicron Adds Uncertainty to BoE Rate Rise

GBP/USDFUNDAMENTAL HIGHLIGHTS:GBP SLIPS FOR SECOND CONSECUTIVE WEEKBOE RATE RISE IN DOUBTA second consecutive weekly drop for the Pound, in which Cable posted a fresh 2021 low following a brief bre...

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

USD bulls have made another push this week, even after the Omicron-fueled scare from last week. EUR/USD, GBP/USD and AUD/USD are all nearing major inflection points.

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Red Hot Services PMI Data Reflects the Strength of the US’s Largest Sector

US Non-Manufacturing PMI data compiled by the ISM beat expectations by marking a new high for 2021

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NFP Disappoints, 235k v/s 550k, USD Bid After Pullback

This morning's NFP report had a disappointing headline figure to go along with Average Hourly Earnings. But, the unemployment rate dropped to 4.2%, beyond the Fed's threshold for 'maximum employment.'

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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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Crude Oil Overview: OPEC+ Agrees on Output Increase, Oil’s Sharp sell-off Analyzed

Crude oil has recovered from yesterday’s sell-off however, volatility may return as official Omicron-related data is yet to filter through to markets

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US Dollar, EUR/GBP Price Action Setup Ahead of NFP

Non-Farm Payrolls in focus as tight jobs market is likely to reinforce Fed's faster taper signal

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Crude Oil Prices Eye US Jobs After OPEC+ Sparks Seesaw Volatility

Crude oil prices seesawed after OPEC+ pledged to boost output next month but warned it may yet pause the effort. All eyes now turn to US jobs data as markets mull “stagflation” risk.

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Thursday, 2 December 2021

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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Gold Price Forecast: XAU/USD Vulnerable Ahead of Non-Farm Payrolls, Watch Earnings

Gold prices face volatility risk ahead of non-farm payrolls. Strong earnings data could further boost Fed hawkish bets, placing XAU/USD at risk.

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Chinese Yuan Forecast: USD/CNH Eyes PMI Data as Prices Gyrate Near 2021 Low

The Chinese Yuan weakened versus the US Dollar overnight, but PMI data out of China and Hong Kong may influence USD/CNH in today's APAC session.

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Swiss Franc Technical Analysis: CHF/JPY, AUD/CHF, EUR/CHF

Swiss Franc strength sees multiple crosses on the backfoot. These are the key technical setups for CHF/JPY, AUD/CHF, EUR/CHF.

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Mexican Peso Outlook: USD/MXN Cascades Lower, but Omicron Poses Upside Risks

USD/MXN has begun to correct lower after its recent bullish burst, but the tide may turn again if the Omicron variant proves more contagious and deadly than previous Covid-19 strains.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Oil Price Defends August Low Even as OPEC Retains Production Schedule

Failure to test the August low ($61.74) may generate a near-term rebound in the price of oil as the RSI bounces back from oversold territory to indicate a buy signal.

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

Tomorrow brings NFP out of the United States and this print can create some volatility across global markets as the focus is now on the FOMC after Powell's comments this week.

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USD/JPY Rate Attempts to Defend November Low Ahead of US NFP Report

Fresh data prints coming out of the US may shore up USD/JPY as the Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.

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XAU/USD Forecast: Gold Price Extends Decline as Real Yields Tick Higher

Gold prices are under pressure after markets reacted to the hawkish comments made by Fed Chair Powell earlier this week. XAU/USD testing 1775, NFP in focus.

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EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings

EUR/USD looks calmer before Friday’s US employment data but remains susceptible to near term volatility around Omicron and shifts in interest rate timelines

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Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs

Turkish Lira volatility at crisis highs. Spain most exposed to Turkey.

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

Unease in the financial markets over the spread of the Omicron variant of Covid-19 and a more hawkish Federal Reserve will likely continue to weigh on GBP/USD.

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Wednesday, 1 December 2021

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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Japanese Yen Caught Out on Fed Hawkishness and Omicron. Will USD/JPY Break?

The Japanese Yen underperformed today as the US Dollar made some ground in the aftermath of the Fed ramping up hawkish rhetoric. Where to for USD/JPY?

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Crude Oil Price Outlook Turns to OPEC+ Meeting as Omicron Variant Threatens Demand

WTI crude oil prices are eyeing the OPEC+ meeting as the Omicron Covid-19 variant threatens demand. Will members slow output hikes and might this offer support to the commodity?

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Gold Prices Weighed Down on Falling Breakeven Rates as NFP Report Approaches

Gold rose overnight, but bulls are failing to drive prices higher in APAC trading. Bullion may fall if Friday's NFP report fuels rate hike bets, which would likely drag down gold-sensitive breakeve...

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AUD/USD Hits a Low as US Dollar Dominates. Will the Fed Weigh on the Aussie?

The Australian Dollar slipped to a new low for the year this week as the US Dollar found strength from a hawkish Federal Reserve. Will AUD/USD get a grip?

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S&P 500, Nasdaq 100 Sink on Omicron and Fed Risks. ASX 200 Reversal Signal in Focus

The S&P 500, Nasdaq 100 and Dow Jones sank as the Omicron Covid-19 variant was discovered in the United States. Will the ASX 200 follow lower? Eyes are on government responses.

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Australian Dollar Outlook: Omicron Volatility Weighs on AUD Ahead of Trade Data

The Australian Dollar fell versus the Greenback overnight as volatility picked up after the US announced the arrival of the Omicron variant. Will an upbeat Australia trade balance print help AUD/USD?

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Copper Breaks Through Key Support on Sustained Omicron Worries

Copper futures fell below a key support level as uncertainty continues to mount pertaining to the Omicron variant.

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Dow Jones Dives as CDC Confirms First Omicron Case in the US

U.S. stocks gave up the large gains posted in the morning and ended the day sharply lower amid strong risk aversion after the CDC confirmed the first Omicron variant case in the country.

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USD/CAD Rate Eyes September High as RSI Pushes into Overbought Zone

Recent developments in the Relative Strength Index (RSI) indicate a further appreciation in USD/CAD as the oscillator climbs above 70 to push into overbought territory.

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Omicron Lands in the U.S., Implications for the USD and S&P 500

The Omicron variant has now been identified in the United States, and this created a quick reaction across U.S. markets.

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Gold Price to Face Further Losses on Failure to Defend November Low

The price of gold may face a further decline over the coming days if it fails to defend the November low ($1759).

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USD, EUR/USD, Gold and Oil: Fibonacci for Price Action Levels

Markets can be messy, chaotic and difficult to forecast. But a trader's reactions are often the keys, and learning where or how to look for those reactions can be helpful.

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Canadian Dollar Price Forecast: USD/CAD Intra-Day Price Setup

CAD may surrender recent gains against the dollar as the drop in WTI and renewed bullish Fed tone opens the door to a USD/CAD bullish continuation

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USD Breaking News: Dollar Undeterred by Mixed PMI’s, NFP in Focus

Varied Markit and ISM U.S. PMI prints for November resulted in a slightly weaker dollar as the spotlight now shifts to NFPs on Friday.

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British Pound (GBP) Outlook: GBP/USD in The Grip of Lower Highs and Lower Lows

Cable is clawing back most of Tuesday's spike sell-off but the technical outlook for the pair remains weak.

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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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S&P 500 Technical Set-Up Looking Ominous, Hawkish Fed a Headwind

S&P 500 monthly close sets up a technically weak outlook. Hawkish Fed a headwind.

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Ethereum/Bitcoin (ETH/BTC) Spread Hitting a Multi-Year High

Ethereum's out-performance against Bitcoin has seen the ETH/BTC spread hit levels last seen in May 2018 and one longer-term technical indicator remains positive.

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FTSE 100 Price Outlook: Bounce Likely to Continue as Omicron Fears Fade

Concerns about the impact of the Omicron variant of Covid-19 look to be dissipating, helping global stock indexes rally after their recent falls.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...