AUD/USD Rises with Iron Ore as Westpac Consumer Confidence Looms

Gold price action (XAU/USD) added to its string of gains on Tuesday. US Dollar weakness and lower real yields have helped propel the precious metal...

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI. Continue Reading:... Search Web: 4 Effective Trading Indicators Every Trader...

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GBP/USD Hits 3-Month High but Return of Brexit Boogeyman Will Cap Gains

Ivy Chu

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USD/CAD Analysis: Loonie Strength Continues Ahead of Key Inflation Data Release

USD/CAD has been on a tear of late, with “post-taper” Loonie strength propelling the pair to lows not seen since 2015. Continue Reading:... Search Web:...

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Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility

Although recent losses have worked to damage risk appetite and shorter-term trendlines, the broader uptrend enjoyed by the Dow Jones remains fully intact. Unless price...

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NZD/USD Rate Holds Above 50-SMA to Target March High

NZD/USD may attempt to test the March high (0.7307) as the exchange rate reverses ahead of the monthly low (0.7115) to hold above the 50-Day...

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How to Start Forex Trading in 7 Steps

Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Learn more about what Forex is, how it...

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US Dollar Outlook: DXY Index Hammered as Treasury Yields Ebb

US Dollar bears have driven the broader DXY Index sharply lower to trade at its weakest level in 12-weeks. USD selling pressure likely follows softer...

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Tesla, ARKK, Nasdaq 100 and S&P 500: Varying Stages of the Cycle

Are we nearing a major market turn as inflation prints beyond expectations? If so, gyrations inside of US equities may be showing us something. Continue...

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EURUSD Wave Analysis 18 May, 2021

May 18, 2021 at 04:11PM • EURUSD broke resistance level 1.2180 • Likely to rise to resistance level 1.2240 EURUSD recently broke the key resistance...

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HSI50 Wave Analysis 18 May, 2021

May 18, 2021 at 04:10PM • HSI50 rising inside corrective wave (iv) • Likely to rise to resistance level 29500.00 HSI50 index continues to rise...

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EURCAD Wave Analysis 18 May, 2021

May 18, 2021 at 04:09PM • EURCAD reversed from support level 1.4665 • Likely to rise to resistance level 1.4775 EURCAD recently reversed up from...

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies Continue Reading:... Search Web: Trading Forex at the News Release...

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Corn Wave Analysis 18 May, 2021

May 18, 2021 at 04:08PM • Corn reversed from strong support level 650.00 • Likely to rise to resistance level 700.00 Corn recently reversed up...

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AUD/USD Rate Reverses Ahead of Monthly Low to Eye February High

AUD/USD may stage another attempt to test the February high (0.8007) as the exchange rate appears to be reversing course ahead of the monthly low...

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An unfolding battle for the Dollar

May 18, 2021 at 01:58PM The markets are now seeing renewed pressure on the US currency and an increase in demand for risky assets due...

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DAX 30 Storms to Record High, EUR/USD Breaks Above 1.22 as Bullish Momentum Builds

Risk-on momentum returns as European assets reach for new highs Continue Reading:... Search Web: DAX 30 Storms to Record High, EUR/USD Breaks Above 1.22 as...

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair. Continue Reading:... Search Web: What Does...

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Gold Price Forecast: Gold Break Out as Bulls Take Charge, FOMC Minutes Eyed