Japanese Yen Forecast: Will a Dovish BoJ Keep USD/JPY Rising? CPI in Focus Too

The Japanese Yen is vulnerable to external forces with the Bank of Japan still expected to be one of the few remaining dovish central banks. Is it all clear for USD/JPY to keep rising then?

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Euro (EUR/USD) Forecast – It is Time for the ECB to Grasp the Nettle

The Euro is facing a week full of high-risk events and the single currency is looking at the ECB for stability and guidance on Thursday. Expect further EUR/USD volatility.

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Gold Prices at Risk on Global Inflation Data, ECB May Offer Lifeline

Gold prices may continue to fall as high-flying global inflation data boosts bets on central bank tightening, tarnishing non-yielding bullion’s appeal. A measured ECB may offer a temporary lifeline.

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US Dollar Fundamental Forecast: DXY Set for More Gains on Ailing Euro, Yen

The US Dollar rose after a red-hot US CPI report bolstered Fed rate hike bets. The Bank of Japan and European Central Bank decisions appear likely to leave the Yen and Euro vulnerable to further do...

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Bitcoin (BTC/USD) Resilience Holds After Another Big Week For USD

Bitcoin, Ethereum and their alt coin counterparts have rebounded despite the shocking US CPI print dented sentiment further. BTC/USD remains above $20,000 despite fundamental risks.

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AUD/USD Rate Rebound Susceptible to Preset Path for RBA Policy

The Reserve Bank of Australia (RBA) Minutes may do little to influence AUD/USD as the central bank appears to be on a preset course in normalizing monetary policy.

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Ethereum 2.0: Switching to Proof-of-Stake (PoS)

Ethereum is transitioning from a proof-of-work (PoW) consensus mechanism to a more eco-friendly proof-of-stake (PoS) consensus with the switch expected to be complete by Q3/Q4 2022.

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AUD/USD Bounces as Traders Look Past China GDP Miss

The Australian Dollar saw a delayed upside reaction after China's second-quarter GDP disappointed, with traders focusing on positive June Data instead. AUD/USD is nearing wedge resistance.

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EUR/USD Vulnerable to Upbeat US Retail Sales as Fed Plans for Restrictive Policy

A rebound in US Retail Sales may drag on EUR/USD as it raises the Federal Reserve’s scope to implement a restrictive policy.

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Australian Dollar Relief Hinges on China GDP Report

The Australian Dollar saw volatile trading against the US Dollar after an inflation report lifted Fed rate hike bets. AUD/USD direction hinges on China's second-quarter GDP growth report, due out t...

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USD/JPY Eyes September 1998 High as RSI Pushes Into Overbought Territory

USD/JPY is on track to test the September 1998 high (139.91) as the Relative Strength Index (RSI) pushes into overbought territory for the sixth time this year.

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S&P 500, Nasdaq 100 Come Back from Steep Losses, Retail Sales Data Eyed for Fed Clues

After a steep sell-off at the cash open, U.S. stocks manage to erase most of the losses, finishing the day largely flat in a context of increased risk-aversion.

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Top 8 Forex Trading Strategies and their Pros and Cons

Compare the pros and cons of different forex strategies, from day trading to position trading.

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Gold Price Rebound Following US CPI Raises Potential for RSI Buy Signal

Looming developments in the Relative Strength Index (RSI) may point to a larger rebound in the price of gold as the oscillator is on the cusp of pushing above 30.

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Bitcoin May Reclaim 20,000 as APAC Traders Eye Australian Jobs Data

Bitcoin prices may retake the 20,000 level in APAC trading after withstanding a breakdown in sentiment overnight after the US CPI report sent stocks lower. Australian jobs data is in focus.

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USD/CAD Reverse Ahead of Yearly High as BoC Delivers 100bp Rate Hike

USD/CAD may continue to give back the advance from the monthly low (1.2837) as it appears to be reversing course ahead of the yearly high (1.3083).

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S&P 500, Nasdaq 100 Subdued on Sizzling Inflation Data, JPMorgan's Earnings Eyed

U.S. stocks fall Wednesday as worse-than-expected inflation data raises the likelihood of more aggressive monetary policy tightening by the Federal Reserve in the coming months.

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Aggressive rate hikes are around the corner for each of the commodity currency central banks.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Crude Oil Prices Eye EIA Inventory Data as China Fights Covid

Crude oil prices are slightly higher after finding support near the March swing low as global growth fears intensify amid a new wave of Covid cases in China. EIA inventory data is in focus.

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