DailyFX Strategist Margaret Yang on Thinking Like a Trader

Fear, greed, excitement, overconfidence and nervousness are all typical emotions experienced by traders at some point. Managing these feelings, the crux of trading psychology, can prove the differe...

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Australian Dollar Forecast: Lockdowns Drag Aussie Dollar as Chinese FDI Approaches

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US Dollar Outlook: USD Eyes Consumer Sentiment Data Due

The US Dollar edged slightly higher during Thursday's trading session with the broader DXY Index gaining 0.12% on balance. How might consumer sentiment data sway the direction of USD price action?

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

After a strong July US nonfarm payrolls report and more hot inflation readings, Fed rate hike odds are creeping higher ahead of the August gathering in Jackson Hole.

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Banxico Hikes Rates to 4.5% but Fails to Trigger a Bullish Move in the Mexican Peso

Banxico tightens monetary policy for the second time this year and raises the overnight interest rate by 25 bp to 4.50% to combat rising inflationary pressures in the economy.

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Gold Price Forecast: Gold Snaps Back, Tests Key Resistance - GLD Levels

Gold prices opened the week with a nasty sell-off that threatened the 2021 low. But, the rest of the week has been spent with Gold prices trying to recover.

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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EUR/USD Defends March Low Despite Slew of Hawkish Fed Rhetoric

EUR/USD may track the range from the first half of the year as the exchange rate appears to be defending the March low (1.1704).

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Football Legend Lionel Messi Embraces Cryptocurrencies with PSG Fan Tokens

The shock summer football move that saw Lionel Messi move to Paris St Germain included a lump of PSG Fan Tokens in his lucrative transfer package

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AUD/USD Forecast: Aussie Dollar Indecisive as Rectangle Pattern Forms

The Australian dollar has been able to stem the tide against adverse factors such as COVID-19 and lower commodity prices as we wait for further AUD/USD price drivers.

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USD Risks Remain to the Upside Despite Inflation Induced Dip

US Dollar dip to be faded, summer lull kicks in.

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Canadian Dollar Forecast: USD/CAD Remains in The Clutches of The US Dollar

USD/CAD is currently stuck in a low volatility rut and with little Canadian economic data of note released over the next few days, US dollar price action will determine the pair's fate

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Gold Price Forecast: XAU/USD Bulls to Face Critical Fibonacci Level

Gold has been able to pick up some bullish momentum on the back of the latest US CPI data, but are buyers strong enough to break a key resistance?

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British Pound (GBP) Price Outlook: GBP/USD Stable After Strong UK GDP Data

The UK economy grew by a huge 22.2% year/year in Q2, just above analysts' forecasts but not by enough to boost GBP/USD, which continues to trade sideways.

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US Dollar a Focal Point with USD/CHF Approaching Resistance Levels

The US Dollar continues to consolidate after the US CPI release with central bank tapering a key determinant of future direction. As USD rises, CHF depreciation approaches important levels.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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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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Crude Oil Prices Rise on Softer US Dollar Despite EIA Report Disappointment

Crude oil prices are looking higher as the US Dollar's recent rally losses steam. The move higher comes despite a disappointing EIA inventory report. Traders turn to an upcoming oil report from the...

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S&P 500 Hits All-Time Highs as Core CPI Moderates, Hang Seng to Open Higher

The S&P 500 and Dow Jones indexes hit record highs on Wednesday as a moderated core CPI rate soothed tapering fears. The DXY US Dollar index pulled back slightly. Asia-Pacific markets look set to o...

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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