S&P 500 Index Gains as Trades Eye US GDP, Nikkei and ASX 200 Climb

The S&P 500 index climbed modestly ahead of the release of US GDP, durable goods as well as initial jobless claims data. Asia Pacific markets are positioned for a steady start as inflation fears ab...

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Australian Dollar Outlook: AUD/USD to Lift if Chinese Industrial Profits Impress?

The Australian Dollar may strengthen if Chinese industrial profits impress the market. AUD/USD eyes 50-day SMA.

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Nasdaq Gains, Russell Outperforms as AMC & GME Go Parabolic

The stock market advanced on Wednesday with the Nasdaq's 0.6% gain lagging the Russell's 2% rise. AMC and GME are back in focus amid parallels of another squeeze-fueled rally in price action.

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US Dollar Price Outlook: Is a USD/CAD Reversal on the Horizon?

USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Declines have left the pair with little support to stand in the way of f...

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Oil Price Forecast: Double Top Formation Intact Ahead of OPEC Meeting

The price of oil may consolidate ahead of OPEC’s Joint Ministerial Monitoring Committee (JMMC) meeting on June 1 as the double top formation remains intact.

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Wall Street CEOs Testify in Washington on COVID Relief, Diversity Efforts

The CEOs of JP Morgan, Goldman Sachs, Citi, and other prominent financial institutions met with Senators on Wednesday to discuss the role banks played in the implementation of various COVID relief ...

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Gold Price Forecast: XAU Bull Flag Breakout Begins to Pull Back

Gold prices put in a major breakout and, so far, haven't looked back. Might a pullback be in order?

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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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How to Start Forex Trading in 7 Steps

Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Learn more about what Forex is, how it works and how it compares to other markets.

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AUD/USD Rate Outlook Hinges on RBA Interest Rate Decision for June

AUD/USD may stage a larger rebound ahead of the Reserve Bank of Australia (RBA) interest rate decision for June amid the failed attempts to test the monthly low (0.7675).

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Gold Price Latest - Punching Through Resistance as The Bullish Trend Continues

Gold is currently taking out resistance at $1,900/oz. and is looking to test highs last seen at the start of the year.

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Canadian Dollar Forecast: Pushing to Lower Levels or Correction Ahead?

Exhaustion setting in as CAD stalls despite rising oil prices.

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British Pound (GBP) Price Outlook: Range-Trading Opportunities in GBP/USD

GBP/USD continues to trade sideways around the 1.4150 level and will likely ease back as the price nears its recent highs and rally when it nears the lows.

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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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Gold Price Forecast: XAU/USD May Rise Post RBNZ as Fedspeak Remains Dovish

Gold prices climbed, extending April’s bounce amid falling Treasury yields and an RBNZ rate decision that seemed to spark a domino chain that dented the US Dollar. XAU/USD may rise ahead.

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New Zealand Dollar Outlook: RBNZ Catapults NZD/USD on Possible 2H 2022 OCR Hike

NZD/USD jolted higher after the Reserve Bank of New Zealand left benchmark lending rates unchanged in May, but opened the door to a possible hike during 2H 2022.

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DailyFX Forex Trading Course Walkthrough: Part One

While the FX market shares many similarities with other markets, there is considerable nuance that one will want to learn when getting started in Foreign Exchange.

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AUD/USD Remains Fragile as China Pressures Speculation in Iron Ore, Copper

AUD/USD may face further consolidation as metals face mounting pressure from Chinese regulators. April's Westpac Leading Index is in focus.

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New Zealand Dollar Outlook: NZD/USD, AUD/NZD Eye RBNZ Decision

New Zealand Dollar volatility looks likely to accelerate with NZD/USD and AUD/NZD price action in focus headed into the upcoming RBNZ rate decision.

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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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