Thursday, 11 November 2021

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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US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CAD, USD/JPY

The US Dollar exploded to a fresh yearly high yesterday but now the USD is quite stretched. Which pairs are befitting of pullback potential?

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Oil Price Susceptible to Larger Pullback on Failed Test of October High

Failure to test the October high ($85.41) may generate a larger pullback in the price of oil as it struggles to retain the advance from the November low ($78.25).

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DailyFX Analyst Tammy Da Costa on Her Day Trading Career

For women, starting a career in finance can be difficult. Yet due to changing economic and social trends, more opportunities in trading, investing and finance are becoming available. We sat down wi...

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US Dollar Strength Leaves Sterling And the Euro In Its Slipstream

The latest US inflation data show price pressures in America hitting a three-decade high, reinvigorating an already strong US dollar.

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Article 16: Why Triggering it Risks an All Out UK-EU Trade War

Tensions rise between the UK and EU over the Northern Ireland protocol. Failure in talks raises risk of the UK triggering Article 16

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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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British Pound (GBP) Price Outlook: GBP/USD Sliding Towards Support as UK GDP Disappoints

GBP/USD is weakening towards trendline support after a largely weak set of UK GDP figures and as the US Dollar is boosted by news of the highest US inflation rate in 30 years.

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Japanese Yen Tanks Against a Roaring US Dollar Post CPI. Will Yen Resume Weakening?

The Japanese Yen took a double hit with the US Dollar strengthening and G-10 yields marching higher after a wild US CPI number. Can USD/JPY make new high?

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Wednesday, 10 November 2021

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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Crude Oil Prices Wobbled With Wall Street on Inflation Story, Will WTI Extend Drop?

Crude oil prices fell as volatility rocked Wall Street after stronger-than-expected CPI data and a 30-year Treasury auction. Retail positioning hints that prices may decline next.

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Gold Price Forecast: Bullion May Rise Further on Rising Inflation, Breakeven Rates

Gold Prices shifted sharply higher overnight as market volatility swelled following a hotter-than-expected US inflation reading. Bullion may gain alongside inflation expectations, breakeven rates.

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Australian Dollar Forecast: AUD/USD in Trouble After Jobs Report Posts Big Miss

The Australian Dollar is on the defense after a big jobs report miss pushed AUD/USD lower following an already weak overnight session. Meanwhile, China's Evergrande managed to avoid default, again.

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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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Evergrande Fights off Default Yet Again After Making Overdue Coupon Payments

Evergrande yet again flirted with default, as the distressed property giant made overdue coupon payments to holders of 3 separate offshore bonds.

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Nasdaq 100 Dives as Supercharged Inflation Lifts Yields and Dents Sentiment

The Nasdaq 100 suffers big losses Wednesday as red-hot inflation roils financial markets, denting risk appetite and boosting U.S. Treasury yields on bets of tighter monetary policy.

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3 Key Tips to Becoming A Successful Trader

Whether you are an experienced or first-time trader, there are certain patterns to follow that can separate you from being a profitable trader or one that loses money.

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Return to Normalcy Harkens Shift in Retail Trading Era

It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re...

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US Dollar Jumps to Yearly Highs on the Back of Weak 30-Year Treasury Auction

A weak auction of 30-year US Treasuries saw the US Dollar race higher to fresh one year highs above 98.84.

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USD/CAD Rate Outlook Mired by Bear Flag Formation

A bear flag formation has taken shape in USD/CAD as the exchange rate struggles to trade back above the 200-Day SMA (1.2472).

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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...