Discover the latest and most vital updates in the world of forex trading. Enhance your trades with the latest insights. Fresh news and market analysis.
Whether you're a full-time trader or new to the Forex market, our content can help you make informed decisions in the constantly shifting currency markets.
Stay ahead of trends, understand market drivers, and navigate your trading strategies accordingly. Know which stocks, currencies, or other financial assets show uptrend or downtrend movements daily.
The comprehensive Forex market and analysis section has customizable filtering options. A dedicated search window enables traders to look for any keywords or assets of interest.
Moreover, traders can choose the category and filter the news accordingly. Available categories are: Fundamental Analysis, Technical Analysis, Expert Commentary, Trade Pattern Ideas, Trade Ideas, and News. To refine results even further, users can select the date, ensuring a precise display of the selected period.
The GBP/USD has found support in the 1.2350 level. The event has been followed up with a surge to the 1.2450 mark. In the case of the rate moving above 1.2450, the currency pair would most likely face resistance in the 1.2500 level. Higher above, the April high zone is bound to act as resistance at 1.2510/1.2525. However, a decline
The EUR/USD revealed a support zone below 1.0840 on Monday. The support zone was enough to cause a surge, which by mid-Tuesday had managed to reach above the technical levels near 1.0900. The ongoing surge of the Euro against the US Dollar is expected to encounter resistance in the 1.0920 and 1.0940 levels. Higher above, note the April high
The price for Bitcoin reached above the 30,000 level on this morning, as news of additional stimulus in China boosted most of financial markets.
The US carmaker Ford Motor Company has announced that it would implement dramatic reductions in product complexity starting from 2024.
The German banking regulators have revealed that banking client complaints had increase by 20% during 2022.
Amazon has announced that the company would reduce its employee stock awards, which were part of compensation plans.
Apple has expanded by setting up its first retail store in Mumbai. The company has announced that India has become a large market that cannot be ignored.
US banks have been observed as trying to promote deposit lock in options that would pay larger interest. The sector appears to be working on avoiding bank runs.
The results of a recent Reuters poll has revealed that the surveyed economist do not expect the Bank of Canada to decrease interest rates during 2023. The central bank appears to be set to continue with strict monetary policy.
The price for gold did not manage to properly surge above 2,030.00. The price declined and found support initially in the 2,010.00 level. By mid-Thursday the decline had extended and the price was finding support at 2,000.00. Economic Calendar Analysis On Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate. On Wednesday, watch
Despite being pierced, the 131.00 level has acted as support. The level continued to keep the rate up up to mid-Thursday when the pair traded above 131.50. Economic Calendar On Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate. On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT.
The GBP/USD continued to decline on Thursday. By mid-day the pair had reached below the weekly R1 at 1.2428 and the 100-hour simple moving average. Economic Calendar On Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate. On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT. The US
The EUR/USD has retreated back below 1.0900. However, on Thursday, the rate was making attempts to recover, as it tested the 1.0910/1.0930 range and the combination of the 50-hour simple moving average and the weekly R1 simple pivot point at 1.0928. Economic Calendar Analysis On Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and
The price for gold did not manage to properly surge above 2,030.00. The price declined and found support initially in the 2,010.00 level. By mid-Thursday the decline had extended and the price was finding support at 2,000.00. A decline below 2,000.00 could look for support in the 100-hour simple moving average near 1,995.00 and the 200-hour SMA near 1,980.00. Meanwhile, a resumption
Despite being pierced, the 131.00 level has acted as support. The level continued to keep the rate up up to mid-Thursday when the pair traded above 131.50. The currency pair might encounter resistance in the 132.00 mark, the 100 and 200-hour simple moving averages and the weekly simple pivot point at 132.27. Above these levels, the 132.50 and 133.00 levels could
The GBP/USD continued to decline on Thursday. By mid-day the pair had reached below the weekly R1 at 1.2428 and the 100-hour simple moving average. A move below 1,2400 could look for support in the 200-hour simple moving average near 1.2380. Further below, note the 1.2350 level and the weekly simple pivot point at 1.2323. On the other hand, a recovery
The EUR/USD has retreated back below 1.0900. However, on Thursday, the rate was making attempts to recover, as it tested the 1.0910/1.0930 range and the combination of the 50-hour simple moving average and the weekly R1 simple pivot point at 1.0928. A move higher could encounter resistance in the 1.0970 level, which reversed Tuesday's surge. Above 1.0970, it might be
The FedEx Corporation has announced that it would merge various businesses in an effort to increase efficiency and decrease costs.
Reuters has reported that the EU would make a deal on multi-billion subsidy plan for the semiconductor industry on April 18.
The President of the Cleveland Federal Reserve Bank Loretta Mester has stated that the US Federal Reserve needs to continue to hike interest rates and reach above 5.00% to reduce inflation to 2.00%.
General Motors has announced that nearly 5,000 employees have been laid off via a buyout compensation program.
Walmart has announced that the company intends to automatize 65% of its stores by 2026.
The US JOLTS Job Openings data caused a drop of the US Dollar. Before the event, the price for gold was already testing the resistance of the 1,990.00 level and wanted to reach higher. The event caused surge up to 2,020.00. On Wednesday, the surge continued, as the price used the 2,020.00 mark as support and reached above 2,030.00. Economic Calendar
The USD/JPY has continued due to decline due to US Dollar's weakness. By the middle of Wednesday's trading, the pair had reached the combined support of the 131.00 mark and the weekly S1 simple pivot point at 130.94. Economic Calendar Above all, on Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate.