Monday, 28 March 2022

Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

from DailyFX - Market News https://ift.tt/UCgTAj7
via IFTTT

USDJPY Soars to A Fresh Six-Year High on Renewed BoJ Bond Buying

The Bank of Japan (BoJ) today offered to buy unlimited amounts of certain Japanese Government Bonds (JGBs) and the move sent the Yen tumbling further against a host of other currencies.

from DailyFX - Market News https://ift.tt/4IYKgTq
via IFTTT

Sunday, 27 March 2022

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.

from DailyFX - Market News https://ift.tt/nEdYqI0
via IFTTT

A Guide to Trading Psychology

The psychology of trading is often overlooked but is a key part of a professional trader’s skillset.

from DailyFX - Market News https://ift.tt/DldA2LE
via IFTTT

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

from DailyFX - Market News https://ift.tt/gwVOHBu
via IFTTT

AUD/USD Traders Kick Off the Week as New China Lockdowns Weigh Against Economic Data

AUD/USD is slightly lower to start the trading week as traders assess Chinese economic data amid a new round of lockdowns as the high-profile US jobs report approaches.

from DailyFX - Market News https://ift.tt/D7CyLbJ
via IFTTT

Weekly Fundamental Crude Oil Price Forecast: Supply Concerns Remain Intact

As the Russian invasion of Ukraine presses into its second month, there are no signs that energy supply chain concerns are going to abate.

from DailyFX - Market News https://ift.tt/mRKkhry
via IFTTT

Weekly Fundamental US Dollar Forecast: Rate Hike Odds Buoy the Buck

US Treasury yields continue to rise in accordance with rapidly escalating Fed rate hike odds, underpinning US Dollar strength.

from DailyFX - Market News https://ift.tt/qEdA26O
via IFTTT

Weekly Fundamental US Dollar Forecast: Rate Hike Odds Buoy the Buck

US Treasury yields continue to rise in accordance with rapidly escalating Fed rate hike odds, underpinning US Dollar strength.

from DailyFX - Market News https://ift.tt/TYyh2br
via IFTTT

Nasdaq 100, Dow Jones, S&P 500 Forecast: 2-Week Win Streak at Risk as PCE, NFPs Near

The Nasdaq 100 saw its best 2-week rise since the early 2000s dot com bust, the S&P 500 and Dow Jones followed. The road ahead remains tough with US PCE and non-farm payrolls data in focus.

from DailyFX - Market News https://ift.tt/vfx3PKz
via IFTTT

Saturday, 26 March 2022

Euro Fundamental Forecast: EUR/USD Clinging on to 1.1000, Inflation Data Nears

The latest look at German and Euro Zone inflation data next week may be a make or break for the single currency as it struggles to hold its own against the US dollar.

from DailyFX - Market News https://ift.tt/AfVnSOd
via IFTTT

Gold Price Eyes Yearly High with US PCE Price Index on Tap

Data prints coming out of the US may fuel the recent advance in the price of gold as the Fed’s preferred gauge for inflation is expected to increase for the sixth consecutive month.

from DailyFX - Market News https://ift.tt/TahYL86
via IFTTT

Friday, 25 March 2022

Australian Dollar Fundamental Forecast: AUD/USD Eyes Economic Data as RBA Hike Bets Increase

AUD/USD is eying economic data prints this week after the currency rallied amid higher commodity prices and a rebound in market sentiment. Will data impress enough to boost already rising RBA rate ...

from DailyFX - Market News https://ift.tt/pidXHA5
via IFTTT

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.

from DailyFX - Market News https://ift.tt/xR3DIHA
via IFTTT

Thursday, 24 March 2022

Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

from DailyFX - Market News https://ift.tt/j4K2iZX
via IFTTT

Forex Spreads Trading Strategies & Tips

Learn how to master the forex spread and keep your trading costs low with our strategies and tips.

from DailyFX - Market News https://ift.tt/b4jvzW6
via IFTTT

The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

from DailyFX - Market News https://ift.tt/XUF8zq4
via IFTTT

USD/JPY Breaches 2016 High as APAC Traders Eye Risk-On Session

USD/JPY rose to its highest level since December 2015 after the safe-haven Japanese Yen weakened further as markets shifted to a risk-on stance in overnight New York trading.

from DailyFX - Market News https://ift.tt/xjWI5UK
via IFTTT

S&P 500, Nasdaq 100 Soar as Traders Weigh Economic Resilience vs. Geopolitical Risks

U.S. stocks rise Thursday, clawing back losses from the previous session, as traders shrug off new sanctions imposed on Russia, shake off Fed jitters and welcome strong U.S. economic data.

from DailyFX - Market News https://ift.tt/zEIHGFN
via IFTTT

AUD/USD Eyes October High as RSI Approaches Overbought Territory

The rally in AUD/USD may push the RSI into overbought territory for the first time in 2022 as the exchange rate appears to be on track to test the October high (0.7556).

from DailyFX - Market News https://ift.tt/4sYF7SQ
via IFTTT

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...