Category: Forex Trading News

Most Read: Gold Price Forecast: Bullish Breakout Continuation Hinges on US Jobs Data This week promises a healthy dose of potential market volatility, driven by...

GOLD PRICE OUTLOOK: Gold prices (XAU/USD) rally vigorously, reaching their highest level since late December However, these gains might be at risk of reversal next...

Most Read: Gold Price Outlook – Fundamentals & Technicals at Odds, What Now for XAU/USD? The yen posted small losses against the U.S. dollar on...

EUR/USD Prices and Analysis EU inflation moves lower but misses forecasts. EUR/USD testing the 1.0800 level again. Recommended by Nick Cawley Introduction to Forex News...

Japanese Yen (USD/JPY, EUR/JPY) Analysis Recommended by Richard Snow How to Trade EUR/USD Get My Guide USD/JPY Surrenders Prior Gains Ahead of the Weekend USD/JPY...

Most Read: Japanese Yen Analysis & Setups – USD/JPY, EUR/JPY, GBP/JPY; Breakdown Ahead? Gold prices (XAU/USD) climbed on Thursday, pushing past the $2,040 threshold and...

JAPANESE YEN FORECAST – USD/JPY, EUR/JPY, GBP/JPY The Japanese yen rallies following verbal intervention by Japan’s top FX diplomat However, a sustained recovery is unlikely...

Gold Price and Analysis Gold prices have topped $2050 for the first time since February 2 Both headline and Core PCE inflation readings came in...

US Dollar Index Price and Analysis Core PCE at 2.8% in line with market forecasts. Dollar Index finding support from the 200-day simple moving average....

Dow drifts down The index continues to edge lower, surrendering some of yesterday’s recovery from the lows. In the short-term, we may finally see a...

EUR/USD News and Analysis Recommended by Richard Snow How to Trade EUR/USD Get My Guide German Unemployment Rate Ticks Higher The country dubbed ‘the sick...

USD/JPY Analysis, Charts, and Prices Japanese Yen Prices, Charts, and Analysis Verbal central bank intervention boosts the Japanese Yen. US PCE (13:30 UK) will be...

Most Read: British Pound Technical Analysis & Trade Setups: GBP/USD, EUR/GBP, GBP/JPY The U.S. dollar edged higher today, but displayed measured strength amid subdued U.S....

Euro (EUR/USD, EUR/JPY) Analysis EUR/USD shows signs of bullish fatigue after respecting dynamic resistance Recent euro positioning accumulates on the short side but longs look...

US Dollar and Gold Analysis and Prices The US economy remained robust in Q4 2023. The US dollar drifted lower post-release, gold nudged higher. Recommended...

Japanese Yen (USD/PY) Prices and Analysis Download our Technical and Fundamental Japanese Yen Guides Recommended by David Cottle Get Your Free JPY Forecast Get My...

FTSE 100, DAX 40, S&P 500 Analysis and Charts ???FTSE 100 little changed ahead of MPC member speech ??The FTSE 100’s recovery from last week’s...

AUD Inflation, RBNZ News and Analysis Recommended by Richard Snow How to Trade AUD/USD Get My Guide Australian Inflation Holds Firm, RBNZ Signals Possible Peak...

Most Read: US Dollar Forecast – PCE Data Takes Center Stage; Setups on EUR/USD, GBP/USD EUR/USD FORECAST – TECHNICAL ANALYSIS EUR/USD saw a slight decline...

Gold (XAU/USD) Analysis Gold pushes on despite subdued volatility as the dollar and US yields ease Gold tracks trendline resistance and tests 50-day simple moving...

US DOLLAR FORECAST – EUR/USD & GBP/USD The U.S. dollar lacks directional conviction amid market caution ahead of a high-impact event on the U.S. calendar...

Crude Oil Prices and Analysis Oil benchmarks looked set for early gains but have slipped back in the European morning The $77 support region has...

Japanese Yen (USD/JPY, EUR/JPY, AUD/JPY) Analysis Japanese Inflation Beats Forecast but Continues Steady Decline Inflation in Japan printed better-than-expected for the month of January, coming...

Most Read: US Dollar Eyes US PCE for Cues on Fed Path; EUR/USD, USD/CAD, USD/JPY Setups Gold prices lost ground on Monday following a strong...

Most Read: US Dollar Forecast – US PCE to Guide Markets; EUR/USD, GBP/USD, USD/JPY Setups The U.S. dollar, as measured by the DXY index, was...

Ethereum Spot ETF – The Next Cab Off the Rank? A spot Ethereum ETF is the latest talk of the market, and the anticipation is...

British Pound (GBP/USD) Analysis and Charts GBPUSD bulls are trying to get back above $1.27 Strong US data this week could make that harder for...

Australian Dollar (AUD) Analysis Asian indices ease at the start of the European session as markets eye further accommodation from China Aussie dollar posts a...

General sentiment soared in a week dominated by Nvidia’s impressive performance and encouraging guidance for Q1 2024. The chipmaker helped the S&P 500 reach another...

US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY This week’s focal point on the U.S. economic calendar revolves around the eagerly awaited release of January’s PCE...

Gold (XAU/USD) Analysis Fed officials communicated that they are in no rush to start the cutting cycle amid a strong US economy, emboldened consumer and...

EUR/USD, EUR/GBP and EUR/JPY – Prices, Charts, and Analysis German economy remains weak, official data shows. EUR/USD uptrend in focus. Learn How to Trade Economic...

Most Read: Japanese Yen Forecast – Brighter Days Ahead; Setups on USD/JPY, EUR/JPY, GBP/JPY Market participants will be on tenterhooks in the coming days ahead...

JAPANESE YEN OUTLOOK The Japanese yen has depreciated sharply this year, but there’s potential for its outlook to improve in the weeks to come The...

US Dollar (DXY) Latest Analysis and Charts S&P PMIs – services miss, manufacturing improves The US dollar holds earlier gains. The US service sector slowed...

Nvidia Earnings, S&P 500 Analysis Nvidia earnings surpass estimates and issues positive outlook for Q1 2024 Nvidia set to open at new all-time high after...

Gold Price (XAU/USD) Analysis and Chart Gold looks set for a sixth straight session of gains Conflict in Ukraine and Gaza underpins the market The...

GBP/USD Analysis and Charts UK business activity continues to expand. GBP/USD buoyed by Sterling strength and US dollar weakness. ?Most Read: US Dollar Trims Losses...

German, EU PMI Analysis German PMI contracts sharply in February EU PMI data Mixed as France posts impressive numbers Recommended by Richard Snow Introduction to...

Crude Oil Analysis and Charts Crude Oil Prices are sliding once again. Traders remain worried about demand if inflation proves resilient and interest rates stay...

Will the U.S. dollar extend higher or begin to retreat? Request our Q1 USD trading forecast to find out! Recommended by Diego Colman Get Your...

Local CPI Key Takeaways: 1. Consumer inflation in South Africa increased in January 2024, driven by rising prices for food, housing, utilities, transport, and miscellaneous...

Japanese Yen Prices, Charts, and Analysis Japan’s exports hit a record high in January. USD/JPY back in the danger zone. Download our complimentary Q1 Japanese...

Most Read: Gold Prices on the Rise, Confluence Resistance in Sight. What Now for XAU/USD? The U.S. dollar fell modestly on Tuesday on the back...

Most Read: US Dollar Forecast – Bullish Bias Remains in Place, Setups on EUR/USD, USD/JPY Gold (XAU/USD) rose for the fourth straight session on Tuesday...

Oil (Brent Crude, WTI) Analysis China adds further support to the ailing economy Brent crude oil drops at prior swing low, propped up by the...

USD/JPY Analysis and Charts USD/JPY trades cautiously above the 150.00 mark. Risk aversion has offered the Dollar some broad support. Expect more focus on the...

EUR/USD, EUR/GBP Prices, Charts, and Analysis EUR/USD trading on either side of 1.0800, helped by US dollar weakness. EUR/GBP bounces off support and is looking...

Pound Sterling (GBP) Analysis Monetary policy committee set to testify in parliament Cable (GBP/USD) appears vulnerable to bearish threat Looking for actionable trading ideas? Download...

EUR/USD Analysis and Charts EUR/USD inched lower in the European session. The overall downtrend in place all year remains dominant. Germany’s PMI data later this...

Japanese Yen (USD/JPY) Analysis Recommended by Richard Snow Get Your Free JPY Forecast Get My Guide Markets Still Eye April for Potential Rate Hike Markets...

British Pound (GBP) Outlook, Charts, and Analysis GBP/USD didn’t lose much when US PPI saw rate-cut expectations pushed back again It has risen a little...

AUD, China Analysis Minutes to suggest the RBA requires greater conviction around inflation AUD/USD builds on recent recovery – stern resistance in sight Chinese markets...

Gold (XAU/USD) Analysis and Chart Gold continues its technical correction. Trading activity will pick up later in the week. Most Read: Gold Picking Up a...

Markets Week Ahead: US Indices, Gold Recover Losses After US Inflation Fears Inflation in the US remains sticky at both producer and consumer level but...

Most Read: USD/JPY Gains on Hot US PPI but FX Intervention Chatter May Cap Upside Earlier this year, the market consensus indicated the Federal Reserve...

Most Read: Gold (XAU/USD) Picking Up a Small Bid as Oversold Conditions Begin to Clear USD/JPY rallied and consolidated above the 150.00 threshold on Friday,...

Gold (XAU/USD) Analysis and Chart US PPI comes in hotter-than-expected Retail sales missed market expectations and turned negative in January. Gold is correcting higher after...

FTSE 100, Dow Jones, Dax 40 Analysis and Charts ???FTSE 100 rebounds ?The index has enjoyed two days of gains, recouping the losses suffered on...

Nvidia Earnings Analysis Key takeaways 1. NVIDIA’s fourth-quarter results for fiscal year 2024 will be reported on February 21, 2024. 2. NVIDIA’s stock has been...

Pound Sterling (GBP/USD) Analysis UK retail sales rose an impressive 3.4% to overcome December’s 3.3% decline GBP/USD unphased by the report after a busy week,...

GOLD PRICE FORECAST Gold prices advance following disappointing U.S. economic data All eyes will be on the U.S. PPI report on Friday This article explores...

Oil (Brent, WTI Crude) Analysis Marginal Cushing stock build could limit oil upside, IEA revises oil demand growth lower Brent crude oil flirts with the...

Most Read: British Pound Outlook – Analysis & Setups on GBP/USD, EUR/GBP and GBP/JPY EUR/USD advanced on Thursday, climbing for the second straight day after...

Bitcoin (BTC) and Ethereum (ETH/USD) Prices, Charts, and Analysis: Nine green candles in the last ten days. Bitcoin halving event the next driver of price...

Japanese Yen (USD/JPY) Analysis and Chart USD/JPY creeps lower again Surprise news of recession in Japan has boosted the Yen Economic weakness makes the BoJ/s...

UK GDP, Pound Sterling, FTSE 100 Analysis Economic Deterioration Confirmed in Q4 The UK economy has experienced a notable downshift since the start of 2023...

Curious about where the British pound is headed? Explore all the insights in our Q1 trading forecast. Request your free trading guide today! Recommended by...

US DOLLAR FORECAST – EUR/USD, USD/CAD The U.S. dollar pauses after Tuesday’s strong rally, with the DXY index moving up and down around the flatline...

Japanese Yen (USD/JPY, GBP/JPY, EUR/JPY) Analysis Japan’s top currency official mentions FX intervention in response to yen weakness USD/JPY tentative above the crucial 150 mark...

The Bitcoin Halving Event is Due in mid-April – What Does this Mean? Bitcoin halving is a scheduled event that occurs approximately every four years,...

Gold (XAU/USD) Analysis Hot January CPI Lifts the Dollar and US Yields but PCE Inflation is Key After US CPI beat expectations yesterday, both the...

GBP/USD Analysis and Charts UK inflation unchanged in January. Price pressures are expected to ease in the coming months. GBP/USD struggling to recover after being...

Most Read: USD/JPY Forecast – Hot US Inflation Sparks Bullish Breakout, Key Levels Ahead GOLD PRICE FORECAST – ANALYSIS Gold prices (XAU/USD) plunged and reached...

USD/JPY OUTLOOK Higher-than-expected U.S. inflation numbers propel U.S. Treasury yields higher, boosting the U.S. dollar across the board USD/JPY soars past the 150.00 mark, hitting...

Euro (EUR/USD, EUR/GBP) Analysis ZEW economic sentiment inches higher but confidence remains low EUR/USD descending channel heads lower after testing resistance EUR/GBP testing crucial support...

US Dollar Index, US Treasuries, Gold Analysis and Charts US shelter and food costs continue to rise, energy costs fall. US dollar index jumps over...

Pound Sterling (GBP/USD, GBP/JPY) Analysis Employment and Earnings Data May Weigh on BoE Inflation Projections UK employment data rose in December after witnessing even greater...

MARKET FORECAST – GOLD PRICES, USD/JPY, GBP/USD The U.S. dollar moves without directional conviction on Monday ahead of U.S. CPI data The January U.S. inflation...

EURO OUTLOOK EUR/USD slides on Monday, turning lower after failing to clear resistance at 1.0785 Market attention will be on the January U.S. inflation report...

GBP/USD, EUR/GBP Analysis and Charts Economic data will help Sterling traders. GBP/USD finding support from the long-term moving average. Recommended by Nick Cawley Get Your...

Gold (XAU/USD), Bitcoin (BTC/USD) Analysis and Charts Q1 2024 Gold Forecast: Recommended by Nick Cawley Get Your Free Gold Forecast Get My Guide Gold in...

MARKET FORECAST: GOLD, US DOLLAR, EUR/USD, GBP/USD Gold prices fall on rising U.S. Treasury yields and a strengthening U.S. dollar EUR/USD and GBP/USD inch lower,...

GOLD PRICE WEEK AHEAD OUTLOOK Gold ticked down this week, but lacked strong conviction, with prices fluctuating aimlessly around the 50-day SMA, a sign of...

Major Indices Update: FTSE 100 drops on AstraZeneca disappointment Dow trades close to record highs Nikkei 225 scales new 34-year high Recommended by Axel Rudolph...

Euro Main Talking Points Germany CPI rate confirmed at a more-than two-year low However, it’s still above target and the economy is shaky EUR/USD is...

Gold, Silver Analysis Recommended by Richard Snow Get Your Free Gold Forecast Get My Guide Gold Settles into Narrowing Pattern as Yields, USD Edge Higher...

JAPANESE YEN OUTLOOK – USD/JPY, EUR/JPY, GBP/JPY The yen (JPY) weakens across the board following dovish comments from a key Bank of Japan official. Indications...

Oil (WTI, Brent Crude) News and Analysis EIA storage data reveals minor drop but extends run of successive drawdowns Oil Responding Positively to Improvements in...

Pound Sterling (GBP/USD) Talking Points: GBP/USD has slipped back after two days of gains The prospect of higher US interest rates for longer continues to...

EUR/USD Main Talking Points: EUR/USD’s Fed-inspired slide didn’t break its downtrend or trading range The Single currency is creeping back up within that range There...

Major Indices Update: Recommended by Chris Beauchamp Get Your Free Equities Forecast Get My Guide Dax stumbles Further gains here continue to be stemmed by...

USD/JPY News and Analysis Recommended by Richard Snow Get Your Free JPY Forecast Get My Guide Senior BoJ Official Reaffirms Cautious Approach in the Lead...

GOLD PRICE OUTLOOK – XAU/USD TECHNICAL ANALYSIS Gold prices have lacked directional conviction this year, with bullion seemingly in a consolidation phase awaiting fresh catalysts...

US DOLLAR OUTLOOK: TECHNICAL ANALYSIS – EUR/USD, USD/CAD & AUD/USD The U.S. dollar (DXY index) lacks directional bias as traders await new catalysts The U.S....

S&P 500 Analysis Recent years have produced meagre returns for the S&P 500 in February Typical election year starts out poorly before surging higher –...

Crude Oil Update: Energy markets have been worried about oversupply These worries have weakened somewhat, but haven’t disappeared Technically US crude’s uptrend remains in place...

Japanese Yen Major Talking Points: USD/JPY hovers around its opening level Tuesday Market focus us on Japanese wage settlements, with annual negotiations under way The...

Global Indices Update: Recommended by Axel Rudolph Get Your Free Equities Forecast Get My Guide FTSE 100 rallies on better-than-expected BP earnings The FTSE 100...

GBP/USD Analysis Economic calendar quiet but scattered with central bank speakers GBP/USD tests prior zone of support after temporarily trading below the 200 SMA Elevate...