Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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British Pound (GBP) Price Outlook: GBP/USD May Fall Further as USD Strength Persists

The US Dollar remains firm as Jay Powell’s reselection as Fed chair brings a withdrawal of US monetary stimulus closer; that suggests a continuation of the current weakness in GBP/USD.

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Crude Oil Prices Still at Risk After Hitting 2-Month Low

Crude oil prices may suffer deeper losses amid broad-based risk aversion across financial markets after the WTI contract hit a two-month low.

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EU Breaking News: Flash PMI Indicates November Expansion, Euro Higher

The Euro gained on the back of better than expected flash composite PMI data for November, disregarding COVID-19 concerns. U.S. PMI in focus as EUR/USD ticks higher.

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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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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US Dollar Leaps on Fed Re-Nomination Pumping Up Treasury Yields. Will USD Keep Going?

The US Dollar tracked higher today as the market absorbed Jerome Powell getting the nod from Joe Biden. Can anything stop the Dollar train?

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Gold Looks to Defend Key 1800 Level as PCE Inflation Data Nears

Gold is holding above the key 1800 level after prices drop hard following President Biden renominating Jerome Powell to lead the Federal Reserve. Bullion traders now turn their focus to US PCE data.

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Nasdaq 100 Sinks, Dow Jones Outperforms after Powell Renomination. Nikkei 225 at Risk

The Nasdaq 100 sank as the Dow Jones outperformed with rising Treasury yields after Fed Chair Jerome Powell was renominated by President Joe Biden. Ahead, the Nikkei 225 may fall.

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AUD/USD May Rise After PMIs Reveal Robust Recovery as Vaccination Rates Swell

AUD/USD may rise after PMI data showed robust growth in Australia amid surging vaccination rates. That follows a tough overnight session when the US Dollar surged on Biden's Fed announcement.

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Natural Gas Prices Decline Yet Again, More Pain Ahead?

Natural gas prices were lower on Monday as weather forecasts for the beginning of December were milder than previously expected.

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S&P 500 Retreats Despite Powell’s Renomination, XLF Gains as U.S. Yields Soar

The S&P 500 closes lower at the start of the week, despite an earlier rally triggered by Powell's renomination to Fed chair. Meanwhile, the XLF ETF climbs about 1.4% on rising bond yields.

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FX Week Ahead - Top 5 Events: RBNZ Rate Decision; German Ifo Business Climate Index; US Durable Goods Orders; US Core PCE; November FOMC Minutes

The shortened holiday week packs in all of its important events and releases on Wednesday.

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NZD/USD Rate Outlook Hinges on RBNZ’s Last Rate Decision for 2021

The Reserve Bank of New Zealand (RBNZ) interest rate decision may sway the near-term outlook NZD/USD as the central bank is expected to deliver another rate hike.

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Gold Price Forecast: Gold Gutted After Powell Nom, XAU/USD Bear Flag

Gold prices are getting crushed today after Chair Powell was nominated for a second term, giving more credence to the 'transitory' narrative around inflation.

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EUR/USD Rate Weakness to Persist as RSI Holds in Oversold Zone

EUR/USD may continue to give back the advance from the July 2020 low (1.1185) as long as the Relative Strength Index (RSI) holds in oversold territory.

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Nasdaq 100 Forecast: U.S. Tech Stocks Remain Attractive as Real Yields Decline, Powell Reappointed

The reappointment of Fed Chair Jerome Powell had Nasdaq 100 investors cheering as hesitation abated. Falling real yields continue to buoy elevated NDX levels but technicals point to a looming corre...

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Jerome Powell Tapped by Biden for Second Term as U.S. Federal Reserve Chair

Arguably the most dovish chairman in recent Fed history, Jerome Powell, will continue to helm the U.S. Federal Reserve in a post-pandemic economy. Markets reacted well, with USD up and equities loo...

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Powell versus Brainard: Next Fed Chair Pros and Cons

US President Joe Biden is expected to make his decision on who will be the next Fed Chair in the coming days.

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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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