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 USD/JPY currency exchange rate has revealed that it faces resistance at the 136.28/136.38 zone. The zone was strong enough to cause a decline, which by the middle of Wednesday's European trading hours had almost reached the 135.00 level. In the case of the pair declining below the 135.00 mark, support could be found in the 134.75/134.80 zone, before the rate
On Tuesday, the Scandinavian airline SAS filed for bankruptcy protection in the United States, as a pilot strike appeared to have collapsed the company.
The decline of the Pound against the US Dollar eventually reached the 1.1900 level, which acted as support. During the first half of Wednesday's trading, the pair retraced back up to the resistance zone of Friday's low levels at 1.1975/1.1995. If the pair bounces off the resistance of the 1.1975/1995 zone, a potential decline would have to pass below the 1.1900
The plummeting of the EUR/USD on Tuesday was attributed and most likely actually was fueled by various fundamentals like strikes, protests and bad economic data. Eventually, the rate's drop appeared to have stopped near the 1.0250 mark, around which the rate began to trade sideways. However, on Wednesday morning, a new low was touched, as the pair reached below
Due to an ongoing strike, by Saturday Norway's oil and gas output could decline respectively 15 % and 25%.
The largest contract producer of electronics Foxconn announced this week that it is increasing its 2022 business outlook, as server and smartphone sales have remained strong.
On Monday, the Chief Operating Officer of EasyJet Peter Bellew resigned, as the company had recently cancelled thousands of summer season flights due to staff shortages.
Sentix revealed this week that its investor morale index had dropped from -15.8 down to -26.4, during June.
The price for gold has confirmed that the 1,812.00/1,814.35 zone is acting as resistance. On Tuesday morning, the commodity price bounced off the zone and started a decline, which was aiming at the 1,800.00 mark. Economic Calendar Analysis Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might impact the markets through
On Monday, the airline SAS announced that the survival of the company would be at stake, if pilots continue to strike.
The support zone, which was revealed on Friday, has been enough to cause a broader recovery of the US Dollar against the Japanese Yen. By the start of Tuesday's European trading, the currency pair had reached back above the 136.00 mark. Economic Calendar Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change
Since finding support in the zone near 1.2100 mark during early Monday's trading, the GBP/USD has been ignoring technical levels. Namely, no support and resistance is being found in the 50 and 100-hour simple moving averages, the weekly simple pivot point at 1.2133 and the round exchange rate levels of 1.2100 and 1.2150. Economic Calendar Watch out for the Wednesday's Federal Reserve's
On Tuesday morning, at 07:00 GMT, the EUR/USD currency pair plummeted from 1.0440 down to 1.0380 in less than 30 minutes. At the time of writing, it appeared that the support zone at 1.0382/1.0385 was being passed. In general, the exact reason for the drop was unknown. However, note that recent strikes of food producers in the Euro Zone have resulted
At 09:00 GMT, the EUR/USD currency exchange rate plummeted and hit the 1.0300 mark, extending a two hour decline. The rate had not traded near this level since 2002.
The price for gold has confirmed that the 1,812.00/1,814.35 zone is acting as resistance. On Tuesday morning, the commodity price bounced off the zone and started a decline, which was aiming at the 1,800.00 mark. If the price reaches below the 1,800.00 mark, the May and July low levels at 1,786.65 and 1,785.00 might once again act as support. However, a bounce
The support zone, which was revealed on Friday, has been enough to cause a broader recovery of the US Dollar against the Japanese Yen. By the start of Tuesday's European trading, the currency pair had reached back above the 136.00 mark. In regards to the near term future, a continuation of the surge of the US Dollar against the Japanese
The European Central Bank has announced that it would adjust its corporate debt holdings to favour greener companies.
Since finding support in the zone near 1.2100 mark during early Monday's trading, the GBP/USD has been ignoring technical levels. Namely, no support and resistance is being found in the 50 and 100-hour simple moving averages, the weekly simple pivot point at 1.2133 and the round exchange rate levels of 1.2100 and 1.2150. On Tuesday morning, the rate appeared to have
On Tuesday morning, at 07:00 GMT, the EUR/USD currency pair plummeted from 1.0440 down to 1.0380 in less than 30 minutes. At the time of writing, it appeared that the support zone at 1.0382/1.0385 was being passed. In general, the exact reason for the drop was unknown. However, note that recent strikes of food producers in the Euro Zone
On July 5, the Reserve Bank of Australia hiked its base interest rate by 50 base points, as the rate was increased from 0.85% up to 1.35%. However, the hike was expected by the market consensus forecasts. Previously, in June and May the central bank was hiking more than the market participants expected. Meanwhile, the RBA revealed that inflation in Australia
Ryanair has reported that the company has experiences a record month, as passenger load reached 95%.
The US Dollar index has returned to its high levels near the 106.00 mark, as recession fears have fuelled a run to cash.
On Friday, the price for gold eventually reached the May low level at 1,786.65. For a short period the price fluctuated below this level, prior to starting a recovery. By the middle of Monday's trading, the price had reached above 1,800.00 and encountered resistance in the 100-hour simple moving average. Economic Calendar Analysis Watch out for the Wednesday's Federal Reserve's FOMC Meeting
The decline of the US Dollar against the Japanese Yen found support in the 134.75/134.80 zone. Meanwhile, since Friday the pair has been encountering resistance in the 135.50 mark and the 50 and 200-hourly simple moving averages. Economic Calendar Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might impact the markets