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 Chinese Commerce Ministry has issued a statement in regard to the upcoming US import tariff hikes. The government has commented that it will take necessary measures to resolutely defend the interests of Chinese companies.
The US small business confidence index for August has revealed that US small business owners have reversed their prior return of optimism and are back to a broad pessimistic outlook.
Reuters has spotted a brokerage report that indicates that the Chinese electric vehicle maker BYD has revised its 2024 sales target upwards by 11.0%, as the firm intends to sell 4 million cars.
The Italian tire firm Pirelli and the German tech company Bosch are combining forces to create a new software-based intelligent tyre.
UPS has announced that the firm is set to buy the German based logistics firm Frigo-Trans. However, the price paid for the firm is not being disclosed to the public.
The Chinese government has offered the European Commission to reopen talks on trade in an effort to stop upcoming tariffs on Chinese made electric vehicles.
30,000 workers of Boeing have rejected the recently proposed labour deal that included a wage hike and promises to build aeroplanes in Seattle. Workers are going on strike on Friday.
This week, Microsoft hosted an IT security summit in an effort to improve security after the recent IT outage that was caused by the CrowdStrike software update.
The US aeronautics firm has made a labour deal offer to a 32,000 employee union. The deal includes a 25% wage increases and a commitment to build the next commercial aircraft in Seattle.
In August, exports from China have grown at the largest pace in almost one and a half year, as manufacturers have rushed to ship out goods, before trade partners enact new tariffs.
Google has lost the antitrust lawsuit in the European Union and has to pay a total of 2.42 billion Euro to the European Commission.
Gold has finally managed to break above 2,530.00. A new high has been booked at 2,555.00, which is acting as resistance. Meanwhile, the price is finding support at 2,545.00. Economic Calendar Analysis This week's notable events are over. XAU/USD short-term forecast An extension of the ongoing surge could encounter resistance in any of the round price levels. However, it is most likely that
On Wednesday, the USD/JPY currency pair pierced the lower trend line of the broad channel down pattern. However, the pair immediately found support in the 2024 low level at 140.80. The low level provided enough support for the rate to return to trade between the 142.00 and 143.00 levels. Economic Calendar This week's notable events are over. USD/JPY hourly chart analysis In the case
The decline of the GBP/USD has found support in the 1.3000 mark and the range that surrounds it. The event was followed by a recovery that on Thursday started to respect the resistance of the 1.3100 level. Economic Calendar This week's notable events are over. GBP/USD hourly chart analysis A move above 1.3100 is expected to immediately encounter resistance in the 200-hour simple moving
Despite the Euro being impacted by the ECB rate cut, the rate has continued to respect technical levels. The rate is finding support in the 1.1000 mark and the zone that surrounds it. In the meantime, resistance is found in the 1.1040/1.1060 range. Economic Calendar Analysis This week's notable events are over. EUR/USD hourly chart analysis A move above the 1.1040/1.1060 zone and the
Gold has finally managed to break above 2,530.00. A new high has been booked at 2,555.00, which is acting as resistance. Meanwhile, the price is finding support at 2,545.00. An extension of the ongoing surge could encounter resistance in any of the round price levels. However, it is most likely that the 2,600.00 will act as a major resistance. On the
On Wednesday, the USD/JPY currency pair pierced the lower trend line of the broad channel down pattern. However, the pair immediately found support in the 2024 low level at 140.80. The low level provided enough support for the rate to return to trade between the 142.00 and 143.00 levels. In the case of a resumption of the prior recovery, the
The decline of the GBP/USD has found support in the 1.3000 mark and the range that surrounds it. The event was followed by a recovery that on Thursday started to respect the resistance of the 1.3100 level. A move above 1.3100 is expected to immediately encounter resistance in the 200-hour simple moving average and the 1.3120/1.3130 zone. Above these levels, the
Despite the Euro being impacted by the ECB rate cut, the rate has continued to respect technical levels. The rate is finding support in the 1.1000 mark and the zone that surrounds it. In the meantime, resistance is found in the 1.1040/1.1060 range. A move above the 1.1040/1.1060 zone and the 200-hour simple moving average might be slowed down by
Almost 900 Chinese auto suppliers and EV makers have visited the Frankfurt auto show, as the German carmakers have reported that they have been loosing market share.
The US Bureau of Labor Statistics has published the monthly Producer Price Index data sets. In general, the data revealed higher than expected price growth at the producer level. The US Dollar is reacting to the news by surging.
The US Bureau of Labor Statistics has published the monthly Producer Price Index data sets. In general, the data revealed higher than expected price growth at the producer level. The US Dollar is reacting to the news by surging. Market consensus forecast was that the US Producer Price Index will increase on a month-to-month basis by 0.1%. Actual price growth
Nomura Holdings have announced that the firm expects high revenue growth due to a major increase in trading, over the span of next three years.
The European Central Bank has cut its Main Refinancing Rate, which is the base rate for all Euro debt. Namely, the rate is the base borrowing cost for the European currency. The rate has been reduced from 4.25% to 3.65%, as expected by market analysts.