Tuesday, 15 June 2021

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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New Zealand Dollar Faces Pressure After Widening Current Account Deficit

The New Zealand Dollar may face some additional pressure following the island-nation's current account deficit widening. Kiwi Dollar traders are looking ahead to tomorrow's GDP figures.

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US Dollar Outlook: USD Volatility to Rise with Fed Decision Due

US Dollar volatility is likely to accelerate during Wednesday's trading session with the Federal Reserve set to release its latest monetary policy update. How might the Fed decision impact USD pric...

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Brazilian Real Outlook: FOMC, COPOM Could Set the Tone for USD/BRL Near Term

Key monetary policy decisions in the US and Brazil on Wednesday could boost USD/BRL volatility and pave the way for the next major move in price action.

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Gold Price Retreats to Support Ahead of Pivotal FOMC Meeting

Gold sought out support this week as the precious metal looks to consolidate weeks of gains ahead of an all-important FOMC meeting. Despite an encouraging technical outlook, the Fed may decide gold...

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NZD/USD Rate to Face FOMC Rate Decision, NZ GDP Report

NZD/USD is likely to face increased volatility over the next 24-hours with both the FOMC rate decision and New Zealand’s GDP report coming into focus.

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

The big meeting is here and the USD is bouncing ahead of the statement. Might Dollar bulls get some room to run here?

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USD/JPY Eyes June High Ahead of FOMC amid Recovery in US Yields

USD/JPY approaches the monthly high (110.33) as longer-dated US Treasury yields recover ahead of the Federal Reserve interest rate decision.

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Australian Dollar Forecast: AUD/USD Dragged Down by Copper Correction

AUD sentiment softens ahead of FOMC. Copper in correction territory.

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Market Sentiment Data Negative for CHF, Neutral for CAD, Gold | Webinar

IG client sentiment data are sending no clear signals on two of the most popular assets with traders currently, the Canadian Dollar and gold, but suggest taking bearish positions in the Swiss Franc.

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DAX 30, IBEX 35 Outlook: Path of Least Resistance Ahead of Fed Meeting

European stocks are drifting higher ahead of the Federal reserve meeting tomorrow

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Gold Price Outlook - Struggling to Pull Back Losses as FOMC Meeting Looms

Gold is finding it difficult to recoup recent losses after breaking below the multi-week bull channel yesterday

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British Pound (GBP) Price Outlook: GBP/USD Range Trading to Persist Ahead of UK CPI

GBP/USD will continue to trade sideways before and after UK inflation data due Wednesday ahead of the US Federal Reserve’s announcement of its decisions on US monetary policy later in the day.

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US Dollar May Extend Gains vs. Euro, Retail Sales and PPI Data Eyed

The US Dollar may continue to push higher against the Euro amid speculation about tapering Fed stimulus after EUR/USD made good on bearish technical cues.

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British Pound (GBP) Latest: GBP Underpinned by Robust Jobs Report

UK jobs report shows signs of an improvement. However, price action in GBP likely muted until FOMC.

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Monday, 14 June 2021

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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Gold Price Outlook: XAU/USD Top in Play as 10-Year Treasury Yield Rebounds?

Gold prices weakened as the 10-year Treasury yield gained. As US retail sales and PPI data loom, XAU/USD could be vulnerable to a top after a key trendline was taken out.

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Crude Oil Forecast: Price Eyes 2018 High as Air Travel Boosts Bullish Narrative

Crude oil prices moved above $71.00, eyeing the October 2018 high as increased air travel amid economic reopenings boosted the picture for demand.

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Nasdaq 100 Hits All-Time High, Hang Seng and ASX 200 May Follow

The Nasdaq 100 rallied 0.93% and closed at a record on Monday, setting a positive tone for Asia-Pacific markets at open. The RBA meeting minutes and US retail sales data will be in focus today.

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AUD/USD Eyes RBA Minutes After Iron Ore Rally Fails to Lift Aussie Dollar

The Australian Dollar may be set for movement on today's RBA meeting minutes after rising iron ore prices failed to help bolster AUD/USD.

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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...