Harami Candlestick Patterns: A Trader’s Guide

Learn to trade forex with Harami candlestick patterns. Our guide explores harami patterns in depth and the best trading strategies.


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US Dollar Rises on Non-Committal Fed, GBP & EUR Extends Losses - US Market Open

The US Dollar has continued to extend on its Fed induced gains. GBP dips below 1.21, while BoE fails to spark volatility. Eurozone PMIs provide a reminder that ECB stimulus is needed.


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USD Rate Cut Rally: US Dollar to Fresh Two-Year-Highs After FOMC

Yesterday's FOMC brought a big move of USD strength as Gold prices breached short-term support. The focal point for today is around US equities.


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CADJPY Chart Rolling Over

CADJPY has a couple of technical developments unfolding that suggest we could see another down-leg soon.


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Spot Gold: Traders Remain Net-Long with Slight Decrease in Net-Long Positions from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.


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USD/JPY: Number of Traders Net-Long Decreases by 14.8% from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bearish contrarian trading bias.


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BoE Cuts Growth Outlook, Sterling (GBP) Unmoved

BoE unanimously keeps rates at 0.75% as Brexit uncertainty continues to devaluate the pound and adjusts forward guidance to acknowledge the slump in global growth.


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USD/JPY, GBP/JPY Price Outlook: Critical Levels to Consider

Today, USD/JY has printed its highest levels in two months meanwhile, GBP/JPY outlook still bearish. Here are the significant technical levels traders on those pairs may need to monitor


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Gold Price and Silver Technical Outlook Post-FOMC Turns Negative

The FOMC cut rates yesterday by 25-bps as expected and find themselves today with sellers in charge, gold on the verge of reversing a recent wedge-break.


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EURUSD Slides to Two-Year Low, Oversold Signal Flashing

EURUSD is trading at lows last seen over two years after breaking noted support at 1.1107. While the outlook remains weak for the pair, the market is flashing a short-term oversold signal.


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Sterling (GBP) Expected to be the Most Volatile Currency Amid Bank of England Risk

All eyes on BoE for GBP traders as they provide their latest forecasts. BoE to remain cautious amid rising risks of a no-deal Brexit.


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BoE Preview: GBPUSD Rate Vulnerable to Dovish Forward Guidance

The Bank of England (BoE) interest rate decision may shake up the near-term outlook for GBPUSD if the central bank alter the forward guidance for monetary policy.


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GBPUSD Likely to Extend Decline After BoE Amid Rising Brexit Risk

US Dollar strength may continue to pressure GBPUSD as Brexit risks mount and an anxious BoE prepares to announce its rate decision and outlook for the UK.


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Crude Oil and Gold Prices May Fall Further on BOE Rate Decision

Gold prices may fall – making good on technical clues pointing to topping – as the Federal Reserve shies away from endorsing the markets’ ultra-dovish policy outlook.


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USD/MYR Downtrend at Risk as USD/SGD, USD/PHP and USD/INR Follow

The Malaysian Ringgit is at risk to the US Dollar after USD/MYR cleared resistance. The USD/SGD may accelerate its uptrend as the USD/INR and USD/PHP climb towards resistance.


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Brazil Central Bank Slashes Selic Rate 50bp, Signals Future Cuts

The Brazilian central bank surprised investors after it slashed the benchmark Selic rate by 50 basis points and signaled future rate cuts amid growth concerns and pension reforms.


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USDNOK, USDSEK Technical Analysis Post-FOMC Rate Decision

USDNOK and USDSEK spiked after the Fed surprised less dovish and now both pairs are on track to resume their prior uptrends.


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Fed’s Powell Shakes the Dow and Dollar as Markets Confused on Next Steps

Fed rate decision often leave the markets a little shell-shocked on what the future holds, thanks largely to heavy speculation. After the central bank’s cut this past session, the responsibility rests solely with the Fed.


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EURUSD Searches for Support as Fed Tames Bets for Rate Easing Cycle

EURUSD searches for support ahead of the US Non-Farm Payrolls (NFP) report as the Federal Reserve tames speculation for a rate easing cycle.


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Double Bottom Pattern: A Trader’s Guide

Double bottom chart patterns are very popular among traders. Learn how to spot double bottoms and how to use them.


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