Tag : forex trading

GOLD ANALYSIS & TALKING POINTS Gold prices bounced in early Friday trade Action looks corrective after heavy falls, doesn’t seem backed by a specific event...

Written by Axel Rudolph, Senior Market Analyst at IG Recommended by IG Get Your Free Equities Forecast Get My Guide Nikkei 225 stabilizes as September...

POUND STERLING ANALYSIS & TALKING POINTS UK GDP changes grim UK economic outlook. US PCE price index in focus later today. GBP/USD pulls out of...

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Get My Guide A slight breather in the Treasury...

BITCOIN (BTC), ETHEREUM (ETH) KEY POINTS: READ MORE: EUR/USD Gets a Reprieve with the Dollar on Offer Today Download Your Free Complimentary Guide on Bitcoin...

CRUDE OIL ANALYSIS AND TALKING POINTS US crude hit its highest point for over a month Supply is on market minds as production cuts look...

POUND STERLING ANALYSIS & TALKING POINTS Weaker dollar today gives pound some relief. US GDP report & Fed speak the focal points for today. 1.21...

US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: EUR/USD is testing key support, while GBP/USD has fallen under a vital floor. ?AUD/USD...

Market Recap US 500 Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 3%...

XAU/USD, S&P 500 PRICE FORECAST: MOST READ: Japanese Yen Outlook: USD/JPY, EUR/JPY Analyzed Post BoJ Minutes Release Download your Free Guide for Beginner Traders Now...

BRITISH POUND TALKING POINTS AND ANALYSIS • GBPUSD Inches Down in Europe • Last week’s surprise Bank of England decision to hold rates still weighs...

Written by Axel Rudolph, Senior Market Analyst at IG Recommended by IG Get Your Free Equities Forecast Get My Guide FTSE 100 stabilizes after slip...

S&P 500, SPX, NASDAQ 100, NDX, DJIA – OUTLOOK: The S&P 500 and DJIA have fallen below key support. The Nasdaq 100 index risks a...

Market Recap Wall Street saw further de-risking overnight (DJIA -1.14%; S&P 500 -1.47%; Nasdaq -1.57%) amid the absence of bullish catalysts, while elevated Treasury yields,...

Australian Dollar Vs US Dollar, Australia Monthly CPI – Talking Points: AUD held early gains after Australia monthly CPI rose last month. ?AUD/USD faces still...

EURO TALKING POINTS & ANALYSIS EUR/USD held steady in data-light sessions for Asia and Europe Its downtrend from July remains very much in place Hawkish...

Written by Chris Beauchamp, Chief Market Analyst at IG Dow still fighting to hold 200-day moving average Recommended by IG Get Your Free Equities Forecast...

AUD/USD ANALYSIS & TALKING POINTS US bond market guides AUD lower. US economic data and Fed guidance in focus later today. AUD bulls barely holding...

S&P 500 Index, SPX, Nasdaq Composite Index – Price Outlook: Only 18% of the members in the S&P 500 index are above their respective 20-day...

Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: Bitcoin rally fizzles ahead of a vital hurdle. ETH/USD falters at key resistance. What is the outlook and what...

Article written by Axel Rudolph, Senior Market Analyst at IG GBP/USD remains under pressure in six-month lows Following last week’s decision by the Bank of...

US Dollar, Euro, Australian Dollar vs. Japanese Yen – Price Action: USD/JPY’s gains have slowed recently, but the uptrend isn’t over. EUR/JPY and AUD/JPY’s uptrend...

Major US indices attempted to bounce off their respective near-term support last Friday, but gains failed to sustain into the latter half of the session...

Recommended by Daniel Dubrovsky How to Trade EUR/USD Get My Guide The US Dollar experienced mixed performance against its major peers this past week. Looking...

USD/JPY FORECAST: Monetary policy divergences between the Federal Reserve and the Bank of Japan will continue to weigh on the outlook for the Japanese yen...

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter EUR/USD ANALYSIS EUR/USD...

Article written by Axel Rudolph, Senior Market Analyst at IG USD/JPY puts pressure on its 10-month high There is no stopping USD/JPY’s advance as the...

Article written by Axel Rudolph, Senior Market Analyst at IG FTSE 100 once more comes off its 3 month high On Thursday the FTSE 100...

GBP/USD News and Analysis UK retail sales disappoint – sending GBP/USD lower in early trade on Friday GBP/USD bearish momentum likely to continue into the...

US Dollar, Japanese Yen, USD/JPY, Bank of Japan – Talking Points: BOJ kept negative rates on hold. ?JGB 10-year yield target and band maintained. What...

Market sentiments continue to reel in from the post-Fed meeting jitters (DJIA -1.08%; S&P 500 -1.64%; Nasdaq -1.82%), as the US 10-year Treasury yields rose...

JAPANESE YEN – USD/JPY OUTLOOK Bank of Japan’s decision on Friday will steal the limelight. BoJ is expected to stand pat on monetary policy, but...

XAU/USD PRICE FORECAST: Gold (XAU/USD) Bounces as the DXY Faces a Key Resistance Hurdle. The Higher Rates for Longer Narrative is Likely to Weigh on...

The ZAR’s reaction to the SARB MPC decision and policy statement was relatively muted as the decision was in line with consensus, and guidance from...

Bank of England Holds Interest Rates Steady at 5.25% The monetary policy committee narrowly decided to hold (5-4) Disinflation expected to continue but growth forecasts...

EUR/USD and EUR/GBP Forecasts – Prices, Charts, and Analysis Learn How to Trade the Euro versus the US Dollar Recommended by Nick Cawley How to...

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts ???Dow slumps following Fed decision ?The index saw...

AUD/USD ANALYSIS & TALKING POINTS Fed guidance = elevated rates for longer. US initial jobless claims in focus later today. Long wick ominous for AUD....

US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: USD boosted by higher for longer Fed rates after hawkish FOMC projections. ?EUR/USD and...

The Federal Reserve (Fed) kept rates on hold (5.25%-5.5%) at its latest meeting, but delivered a hawkish hold as what markets were anticipating – or...

S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: US equity indices pulled back sharply after the Fed stuck with its hawkish rhetoric. The S&P 500...

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter AUD/USD TECHNICAL ANALYSIS...

FOMC INTEREST RATE DECISION KEY POINTS The Fed hit the pause button at its September meeting, holding interest rates at a 22-year high of 5.25%...

JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Most Read: FOMC Preview: Hawkish Pause to Reignite the Dollar Index (DXY) Rally? Download a Free Complimentary Guide for...

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ???FTSE 100 rises as UK inflation diminishes ?The...

Gold (XAU/USD) Analysis, Price, and Chart US 2yr yields near highs last seen in 2007. Gold unable to break resistance ahead of the latest Fed...

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US Dollar Scenarios Ahead of FOMC – Price Setups: The US dollar’s short-term uptrend remains intact ahead of the FOMC meeting. ?The Fed is highly...

S&P 500, SPX, NASDAQ 100, NDX, DJIA – Price Setups: The S&P 500 index and the Nasdaq 100 index continue to trade below their key...

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nikkei 225, CAC 40 Analysis and Charts ???Dow holds above trendline support ?After Friday’s slump...

GOLD OUTLOOK & ANALYSIS Real yields steadily decline but will FOMC limit gold upside? US building permits scheduled later today. Key inflection point being tested....

Euro Vs US Dollar, Japanese Yen, British Pound – Outlook: EUR/USD looks deeply oversold as it tests strong support. EUR/GBP is attempting to break above...

Crude Oil, WTI, Brent, Saudi Arabia, China, Aramco, Fed, EIA, API, Backwardation – Talking Points Crude oil jumped to print fresh highs again yesterday Worries...

Australian Dollar, AUD/USD, US Dollar, RBA, Fed, CPI, China, Lowe, Bullock – Talking Points The Australian Dollar has steadied going into Tuesday’s session RBA meeting...

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts ???FTSE 100 consolidates below its 3 ½ month...

EUR/USD ANALYSIS ECB speakers in focus today. Hawkish Fed may sustain EUR/USD downside. Channel support and swing low being eyes by bears – 1.05 on...

Spot gold made headway today with China’s property sector revisiting its debt profile as markets contemplate central bank actions this week. Will XAU/USD break the...

Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: Bitcoin is attempting to rise above immediate resistance. ETH/USD has been holding above a vital support. What is the...

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Get My Guide Major US indices gave back all...

U.S. DOLLAR ANALYSIS Stout US economy may extend appetite for future rate hikes. Fed expected to hold rates at current levels. Bearish divergence suggests short-term...

GBP/USD Analysis and Charts The Bank of England is likely to raise rates by 25bps next Thursday. Will the BoE follow the trend of a...

GOLD PRICE FORECAST: Gold prices rebound heading into the weekend, challenging cluster resistance stretching from $1,920/$1,930 Despite Friday’s recovery, the fundamental backdrop remains challenging for...

USD/JPY Analysis USD/JPY edges higher after uptick in US CPI reinforces ‘higher for longer’ narrative Fed forecasts in focus as markets look for confirmation on...

EUR/USD Forecast – Prices, Charts, and Analysis EUR/USD technical outlook remains bleak. FOMC – a hawkish hold next week? Recommended by Nick Cawley How to...

GBP/USD, GBP/AUD PRICE, CHARTS AND ANALYSIS: Read More: WTI, Brent Shrug Off US Inventories Surge as Oil Prices Hit Fresh 2023 Highs GBP has faced...

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ???FTSE 100 rallies to 3 ½ month high...

AUD/USD ANALYSIS & TALKING POINTS Encouraging news from China back AUD. US data in focus later today. AUD/USD faces trendline resistance. Recommended by Warren Venketas...

US Dollar Scenarios Ahead of FOMC – Talking Points: The US dollar’s short-term uptrend remains intact ahead of the FOMC meeting. ?The Fed is highly...

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Get My Guide A significantly stronger-than-expected US August retail...

GOLD PRICE FORECAST Gold prices lack directional conviction as the U.S. dollar charges toward multi-month highs. Precious metals retain a somewhat bearish outlook from a...

USD/CAD TECHNICAL ANALYSIS Between mid-July and early September, USD/CAD embarked on a robust uptrend, but the pair encountered resistance near the psychological 1.3700 level before...

RAND TALKING POINTS & ANALYSIS SA mining data , US PPI, retail sales and jobless claims data pool together to limit rand upside. Michigan consumer...

GBP/USD, EUR/GBP Analysis and Charts Cable falls to a three-month on renewed US dollar buying. EUR/GBP slides despite the ECB hiking rates again. For all...

ECB Hikes by 25-bps, Hints at Reaching Terminal Rate The ECB voted to raise all three interest rates, seeing the deposit facility up to 4%....

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nikkei 225, Nasdaq 100 Analysis and Charts Dow struggles to push higher ?The index has...

STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation...

NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD/USD is holding above channel support, but there is no sign of reversal of the downtrend. AUD/NZD remains well within...

Australian Dollar Vs US Dollar, Australia Jobs – Talking Points: AUD held gains after Australia jobs data beat expectations. ?AUD/USD is attempting to form an...

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/JPY TECHNICAL ANALYSIS...

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ???FTSE 100 drops on disappointing UK growth ?The...

EUR/USD PRICE FORECAST: If you are a beginner trader, make use of our resources and download your free guide now Recommended by Zain Vawda Forex...

STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation...

Major US indices turned in weaker overnight, with the Nasdaq reversing its previous day’s gains, as big tech stocks faltered despite Treasury yields little changed....

British Pound Vs US Dollar, Euro, Japanese Yen – Price Setups: Still-hot UK wage growth hasn’t translated into higher GBP/USD yet. EUR/GBP is holding above...

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, CAC 40 Analysis and Charts ???Dow makes further gains ?The index has spent...

USD/CAD ANLAYSIS & TALKING POINTS Quiet trading anticipated today. US CPI under the spotlight tomorrow. USD/CAD negative divergence progresses. Trade Smarter – Sign up for...

UK JOBS DATA KEY POINTS: UK Employment Change(June) Actual -207k Vs Forecast -185k. UK Unemployment Rate(July) Actual 4.3% Vs Forecast 4.3%. Average Earnings incl. Bonus...

Crude Oil, WTI, Brent, Iran, US Dollar, US CPI, EUR/USD, Euro, ECB, Gold – Talking Points Crude oil has held onto recent gains ahead of...

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Get My Guide Major US indices found room for...

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nikkei 225, Analysis and Charts ???FTSE 100 still tries to push ahead ??Last...

XAU/USD, XAG/USD PRICE FORECAST: MOST READ: US Dollar on the Ropes with Yen Leading the Way. AUD, NZD and GBP Piled In Gold has put...

US Dollar, DXY Index, USD/JPY, Ueda, BoJ, USD/CNH, China, India, Commodities – Talking Points US Dollar is under pressure as BoJ Governor’s Comments Shake Currency...

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Get My Guide Major US indices attempted to stabilise...

Japanese Yen, USD/JPY, US Dollar, BoJ, Ueda, Intervention, JGB, Yields, – Talking Points USD/JPY recoiled lower on Monday after remarks from BoJ Governor Ueda The...

USD/JPY ANALYSIS & TALKING POINTS Japan looks to US for guidance. US inflation may result in Japanese involvement. Bearish divergence suggestive of downside to come....

CANADIAN DOLLAR FORECAST: USD/CAD slides in response to robust employment survey results from Canada Canadian employers added 39,900 jobs last month versus 15,000 expected, signaling...

EUR/USD ANALYSIS EUR struggles to capitalize on recent Fed speak. US CPI and ECB rate decision the key risk events for next week. Falling wedge...

Bitcoin (BTC), Ethereum (ETH) Prices, Charts, and Analysis: Talk of an imminent BlackRock Bitcoin ETF turns markets higher. BTC and ETH remain in multi-week ranges....

Article by IG Senior Market Analyst Axel Rudolph FTSE100, DAX 40, S&P 500 Analysis and Charts ???FTSE 100 recovery underway ?The FTSE 100 is recovering...

Gold (XAU/USD) Analysis US dollar and yields remain central ahead of US CPI print Gold set for weekly decline as price action hovers around key...