The New York Session: Forex Trading Tips

Learn how to trade the New York Forex Session and when it overlaps with London’s trading sessions.


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Gold Price Weekly Technical Outlook: XAU Correction Faces First Test

Gold prices are down nearly 5% from the February high with the decline now approaching the yearly range low. Here are the levels that matter on the XAU/USD weekly chart.


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USD/CAD Clears February High, RSI Flashes Bullish Signal Ahead of BoC

Topside targets sit on the radar for USD/CAD ahead of the Bank of Canada (BoC) interest rate decision as the exchange rate carves a series of higher highs & lows.


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USD and S&P500 Jump Higher on Upbeat ISM Services Index Report

The US Dollar is continuing its advance while stocks look to claw back losses from yesterday after February's ISM Services Index report came in much higher than expected.


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EURUSD Sellers Slow Ahead of Key Support; Oil, USDCAD in Focus

EURUSD has fallen below a rising wedge pattern, but sellers have pulled up short of testing the longer-term support zone that runs from 1.1215-1.1300.


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GBP Rejects 1.32, USDCAD Eyes Range-break, EUR looks to ECB - US Market Open

The Pound is the notable underperformer this morning, EUR dismisses encouraging data, CAD hits 5-week lows.


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Using FX To Effectively Trade Global Market Themes at IG

Investors and traders are often looking for tactical ways to play market developments. The combination of an increasingly global market and a new provider in the US is welcome news.


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Market Sentiment Remains Positive | Webinar

Financial market traders are still confident as weak economic growth from China to the Eurozone is pushing central banks to increase their measures to stimulate activity.


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Technical Outlook for USD, USDCAD, AUDUSD, AUDJPY, Gold Price & More

The US Dollar Index has room to trade higher short-term, USDCAD too, while AUDUSD and gold remain vulnerable to more selling.


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Gold & Silver Price Charts – Precious Metals Likely to Remain Heavy

Selling in gold and silver has been significant the past few days, likely to keep pressure on the metals with rallies seen as uphill battles.


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EURUSD Price Analysis: Breaking Lower Ahead of ECB

EURUSD has dropped below the support line of a rising channel on the charts ahead of this week’s ECB monetary policy meeting, suggesting further losses ahead.


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USDJPY Price Probing a New 2019 High

USDJPY continues to edge towards highs late seen in late-December 2018 but one technical indicator is flashing a warning signal.


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Sterling Nudges Higher After PMIs, Brexit Continues to Dampen UK Growth

The latest UK Markit services PMI beat lowly expectations, but fears remain about the near-term economic outlook as Brexit nears.


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AUDUSD Outlook: Focus on Q4 GDP & RBA Governor Lowe Speech

Risks are tilted to the downside for Q4 GDP, which may spark fresh dovish RBA signals. Markets currently pricing in year-end rate cut.


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Gold Prices May Keep Falling as ISM Data Boosts the US Dollar

Gold prices may fall for a fifth day as service-sector ISM survey data boosts the US Dollar, undermining the appeal of anti-fiat alternatives.


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EUR/USD Eyeing Italy GDP, Eurozone PMI Data - Gloomy ECB Outlook

EUR/USD may be vulnerable to Italian GDP data and Eurozone PMI as regional growth sputters. Traders are now eyeing the upcoming ECB rate decision and commentary that will follow.


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Asia Stocks Under Pressure, Will US ISM Services PMI Sink S&P 500?

Asia followed declines on Wall Street despite upbeat progress on US-China trade talks. Sentiment may sour further if US ISM Services PMI data disappoints, sending the S&P 500 lower.


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S&P 500 Shaken to Start the Week, A Run of Rate Decisions Begins

The new trading week did not start off on a strong footing as the US indices came under serious pressure and the range of risk assets followed suit. Will traditional event risk take the reins or sheer sentiment?


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USD/SEK, USD/NOK Climbing Toward Key Resistance Barriers

The Swedish Krona and Norwegian Krone appear to be edging higher toward key resistance levels. If the price barriers are broken, it might re-reinforce bullish confidence and give a boost.


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Australian Dollar Ticks Up As RBA Holds Rates, Lowe Speech Up Nexrt

The Australian Dollar ticked up after the Official Cash Rate was left on hold at 1.50% as had been very widely expected. RBA Governor Philip Lowe will probably add detail when he speaks on Wednesday.


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