Gold Price Rally Pushes RSI Into Overbought Territory

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

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Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility

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

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Why a Rise in Retail Trading May Signal Another Mania

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

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Moving Average (MA) Explained for Traders

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

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

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

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

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

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

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

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US Dollar Jump on FOMC Faded, EUR/USD Recovers

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

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Crude Oil Price Drop May Continue on Inflation Impact Fears

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

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How to Trade After a News Release

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

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

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

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

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

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

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

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The Federal Reserve Bank: A Forex Trader’s Guide

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

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

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

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

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

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Bitcoin (BTC/USD) Tanks, but Buyers React

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

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Oil Price Forecast: Crude Establishes Double Top Formation in May

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

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

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

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EUR/USD Bullish Price Series Intact After Clearing February High

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

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