Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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USD/CAD to Stage Larger Correction on Another Overbought RSI Reading

USD/CAD may stage a larger correction over the remainder of the month as the Relative Strength Index (RSI) appears to be on track to indicate another overbought reading.

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Crypto Falling Knives: BTC Below 30k, ETH Below 2k, Doge Plays Dead

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EUR/GBP Price Action Set-Ups Ahead of BoE Rate Decision

The EUR/GBP currency pair continues to consolidate near the lower end of the trading range ahead of UK PMI data and BoE rate decision

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Sentiment Data Send Bearish Signal on USD/JPY as Uptrend Persists | Webinar

IG client positioning data are sending out a bearish signal for USD/JPY even though the pair continues to trend higher.

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US Dollar Shorts Damaged, GBP Bulls Eye EUR/GBP Pullback - COT Report

USD shorts wrongfooted by hawkish Fed. JPY short squeeze. GBP bulls look to fade EUR/GBP recovery

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Gold Price Outlook: XAU/USD To Gain on Dovish Fed Speeches

Gold prices resume pullback ahead of Powell’s speech later this evening

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Canadian Dollar Technical Pattern Forming, Hints at a Bullish USD/CAD Continuation

A ‘cup and handle’ formation is being made on the USD/CAD daily chart suggesting higher prices may be seen in the future

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British Pound (GBP) Price Outlook: Mildly Positive Ahead of BoE Meeting

Several factors could help GBP/USD modestly over the next couple of days but no significant move is likely ahead of the Bank of England’s policy meeting Thursday.

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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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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Gold, Crude Oil, Copper Forecast: Markets Recalibrating After FOMC Week

Increased rate bets following June's FOMC rate decision roiled markets, including commodities. Crude oil received a boost on Iran's election, while gold and copper look to incoming inflation data o...

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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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Nasdaq 100 Rebounds as Tapering Fears Ease, Hang Seng and ASX 200 Climb

The Nasdaq 100 rebounded as Fed Chair Jerome Powell’s comments soothed market fears about tapering. This may set a positive tone for APAC trade. Bitcoin tumbled after China intensified a crackdown ...

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US Dollar Forecast: Fed Offers Best Week in Months, Pressuring SGD, THB, IDR, PHP

The US Dollar may gain versus ASEAN currencies like the Singapore Dollar, Thai Baht and Philippine Peso after the Fed projected 2 rate hikes by the end of 2023. All eyes on US PCE data.

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NZD/USD Rebound May Extend on Q2 Consumer Confidence Amid Shaky Global Sentiment

The New Zealand Dollar rebounded overnight following a sharp weekly decline against the US Dollar. An upbeat Westpac consumer confidence print may help the Kiwi Dollar extend gains.

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Banxico Expected to Keep Rates at 4%, but a Hawkish Pivot May Support the Mexican Peso

Banxico will announce its June monetary policy decision on Thursday. No change in interest rates is expected, but the central bank could adopt a more hawkish forward guidance.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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Stock Market Forecast: Amazon's Prime Day is Making Retailer History

Amazon is making history with its Prime Day event that has seen company sales surpass totals tallied on Black Friday and Cyber Monday combined. Can Amazon reel in massive profits again this year?

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AUD/USD Rebounds From Fresh 2021 Low with RSI Buy Signal Taking Shape

AUD/USD bounces back from a fresh 2021 low (0.7477), with the RSI indicating a textbook buy signal as it rebounds from oversold territory and climbs back above 30.

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