High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USDJPY is pushing higher and keeps a bullish bias. What increases that bullish bias now?
The USDJPY moved lower in the Asian session on Monday, Feb 19, but has since reversed and moved back to the highs. The low corrective price did remain within a swing area that will be the barometer for the pair this week between 149.70 up to 150.158. That keeps the...
Euro Slips In Holiday Thinned Market, Looks Nervously to German PMI
EUR/USD Analysis and ChartsEUR/USD inched lower in the European session.The overall downtrend in place all year remains dominant.Germany’s PMI data later this week could bring some movement.Learn how to trade EUR/USD with our complimentary guide Recommended by David...
EURUSD finds MA technical resistance and support.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Waiting for the “pragmatic and forceful” action from China
China Premier Li QiangChina's State Council met on Sunday as lunar new year holidays came to an end. Chinese Premier Li Qiang called for “pragmatic and forceful” action to boost economic confidence and that may have helped mainland stocks to a 1.2% gain but there's...
European equity close: Spain perks up, mixed bag elsewhere
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US draft resolution at the UN says major offensive in Rafah should not proceed
Why battle plans are being drawn for Rafah, battle lines are being drawn at the UN.The US is fearful of losing support in the Middle East and appears to be trying to get Israel to back down on plans for an invasion in the south of the country, something that Netanyahu...
The March crude contract looks to wrap up at the highest since early November
March 2024 WTIThe March WTI contract expires tomorrow, so all the volume has gone to the April contract but it's notable that the March contract is going out at three-month high. It's up $0.50 today on very low volume at $79.69.The strong finish could speak to a...
No days off for the US dollar
The US dollar has firmed up in the last two hours despite the US holiday.The dollar is trading at its best levels of the day against the euro, pound, yen and loonie. The moves aren't large but the dollar sold off early in the day and is now 20-30 pips from the...
Gold Trades Higher But Economist’s Concern Regarding Inflation Remain!
Volatility across most markets remains low as both the US and Canadian markets are not trading due to bank holidays. The price of Gold trades higher, continuing the bullish trend from Thursday and Friday. However, will investors continue to purchase gold while...
The Fed and markets are in a rare moment of alignment
It's not often that the market and the Federal Reserve are on the same page.Right now, the Fed's dot plot for this year shows 75 basis points in rate cuts this year while the Fed funds futures market shows 89 basis points in cuts.The market-implied numbers are skewed...
Canada January PPI -0.1% vs -0.1% expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ForexLive European FX news wrap: Quiet tones as US holiday subdues markets
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
easyMarkets Named Best Forex/CFD Broker at TradingView Broker Awards 2023
easyMarkets, currently celebrating its 23rd year in the industry, is pleased to announce it has been awarded the title of “Best Forex/CFD Broker” at the TradingView Broker Awards 2023, adding its 51st prestigious accolade to its collection of awards. “We are on a...
von der Leyen wins German backing for second term as European Commission president
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bundesbank says Germany is likely in recession now
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Major currencies feeling rather uninspired so far today
From earlier: Long weekend in the US casts a shadow over markets to start the weekThe changes among major currencies are leaving a lot to be desired. We're essentially in a three-day weekend as traders struggle to find much appetite to start the new week. The narrow...
Forex Expos in Africa 2024: A Gateway to Emerging Markets
The importance of Forex expos in 2024 cannot be overstated as these events play a pivotal role in connecting industry professionals, fostering knowledge exchange, and addressing the evolving landscape of emerging markets. As the Forex market in Africa experiences a...
What is Forex Trading?
Forex trading, also known as foreign exchange trading or currency trading, involves the buying and selling of currencies on the foreign exchange market with the primary goal of making a profit. The Forex market is the largest financial market in the world, with a...
What Are the 4 Types of Trading?
There are four primary types of trading that investors typically engage in the financial markets. Each type has its unique strategy, time frame, and risk profile.1. Day TradingDay trading is perhaps the most well-known form of active trading, where traders buy and...