Thursday, 19 August 2021

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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The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

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SA40 Overview: SA’s Main Exchange (JSE) Experiences Outage

The SA40 Index surges lower after yesterday’s outage which halted all trading for over 5 hours. Key levels analyzed.

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EUR/USD Outlook Mired by Failure to Defend March Low

EUR/USD may continue to trade to fresh yearly lows ahead of the Fed Economic Symposium as it extends the series of lower highs and lows from the start of the week.

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Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

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US Dollar Charges into Key Resistance, Equities Sell-Off as Covid Risks Mount

USD hits multi-month highs, however, key resistance caps further upside for now

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Fed Minutes Spook Investors: CAC 40 and DAX 30 Picking Up Bearish Momentum

Global equites fall into a bearish trap as investors react to taper talk from the Fed meeting minutes

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Robinhood (HOOD) Slumps on Earnings Warning, Dogecoin (DOGE) Brings in The Bucks

Trading app Robinhood shares fell over 13% after the company warned of a Q3 slowdown with Dogecoin activity highlighted by the company.

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British Pound (GBP) Price Outlook: GBP/USD Searches for Support After Fall

Hit by a stronger US Dollar, GBP/USD has broken below the support line of a downward-sloping channel in place on the charts since the end of last month.

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EUR/USD Crumbles to a 9-Month Low, Breaks Below 1.1700

Hints from the FOMC that they are getting closer to tapering have sent EUR/USD tumbling through prior strong support at 1.1700.

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US Dollar Higher as FOMC Minutes Put QE Taper into View. Onward and Upward?

The US Dollar strengthened in the APAC session against the major currencies and commodities. The strong Australian jobs number may not be enough to hold up AUD/USD.

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Wednesday, 18 August 2021

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 Prices Drop as US Dollar Approaches Fresh 2021 High

Gold prices dropped as APAC traders digested the FOMC minutes, causing the US Dollar to rise near its yearly high. Traders eye the upcoming Jackson Hole symposium.

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Australian Dollar Gains on Jobs Data Beat, Will AUD/USD Rally Continue?

The Australian Dollar rose after a stellar jobs report saw Australia add more jobs than expected as the unemployment rate declined to 4.6% from 4.9%. Will the AUD/USD rally continue?

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S&P 500 Falls as FOMC Minutes Hint at Tapering, Hang Seng May Rebound

Major US indices fell on Wednesday after the FOMC meeting minutes hinted at scaling back asset purchases before the end of this year. The DXY US Dollar index climbed. Asia-Pacific markets look set ...

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Swiss Franc Technical Analysis: USD/CHF, EUR/CHF, CHF/JPY, NZD/CHF

The Swiss Franc has been mixed in 2021 against G10 peer currencies. Here are technical setups for USD/CHF, EUR/CHF, CHF/JPY, and NZD/CHF.

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NZD/USD Dives After Covid Woes Delay RBNZ Hike, Focus Shifts to AU Jobs Report

The New Zealand Dollar traded sharply lower after a snap lockdown forced the RBNZ to surprise markets with a rate hold. Traders are now shifting focus to Australia’s July jobs report.

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Oil Price Slides Towards July Low as US Output Rises for Second Week

The price of oil is on the cusp of taking out the July low ($65.01) as US production increases for the second straight week.

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US Dollar Surrenders Gains Despite FOMC Minutes Taper Talk

The US Dollar is peeling back from session highs as bears fade strength despite the latest FOMC minutes hinting that Fed officials might decide to taper asset purchases before year-end.

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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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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...