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 channel up pattern had continued to guide the USD/JPY through resistance levels as far as 145.85. However, on Tuesday a decline occurred during which the lower trend line of the pattern was broken. By late trading hours of the day, the pair was finding support in the 144.90/145.10 range and the 50-hour simple moving average. A resumption of the
The GBP/USD has shortly traded below the 1.2667/1.2685 range on Monday. However, the decline did not result in a broad descending of the pair, as support was found in 1.2620. On Tuesday, the pair had recovered and traded near 1.2750. The 50, 100 and 200-hour simple moving averages failed to stop the GBP recovery against the USD. A continuation of
The EUR/USD has retreated below the 1.0935/1.0950 range and shortly traded below 1.0900. On Tuesday, the 1.0950 level was acting as resistance and support was found in 1.0900. A move above 1.0950 is expected to face resistance in the combination of the 100 and 200-hour simple moving averages near 1.0960, before the rate reaches the weekly simple pivot point at
On Tuesday, the stock price of Vietnamese electric vehicle producer VinFast surged, as the company debuted its equity on NASDAQ.
The US Treasury Department has revealed that it would soon propose new rules that would end anonymous luxury home purchases that are supposedly used for money laundering.
United States mortgage delinquency rates have continued to decline and most recently reached all-time low levels. The low rate has been attributed to a strong job market and low interest rates prevailing on a majority of mortgages.
The largest Swiss bank UBS has revealed that it will not need the 9 billion CHF government subsidy for the Credit Suisse takeover.
Economists have revealed that due to the reversal of Turkish economic and monetary policy, inflation could slow down to a pace from 5.5% up to 8.5%.
The Vietnamese electric vehicle producer VinFast has received the approval for a Nasdaq SPAC listing. The company is set to start trading as soon as this week.
Dear Dukascopy clients, note that the requirements for equity are bound to change during the weekend. Please, adjust your positions accordingly to avoid unexpected margin calls. Maximum available leverage for the weekends and other market closure days is set to 1:30 (1:60 for accounts with maximum leverage of 1:200). The purpose of this policy is to mitigate risks caused by potential
As the government economic stimulus measures have continued to fail, the Chinese economy has experienced deflation for the first time in two years.
The United States officials have published the monthly Producers Price Index change. The Dollar reacted to the news with an initial move upwards. Market consensus forecasts were that the PPI and Core PPI, which excludes food and energy prices, both have increased by 0.2%. The actual numbers were revealed to be increases of 0.3% The index reveals how prices have changed
The United States officials have published the monthly Producers Price Index change. The Dollar reacted to the news with an initial move upwards.
It has been reported by Reuters that the White House intends to restrict US investments in China. Namely, investing in sensitive technology might be forbidden.
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. Gold reacted to the news with a breaking of the resistance of the 1,920.30/1,922.60 range and the 50-hour simple moving average and hitting
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. On the USD/JPY charts there was an initial fake breaking of the channel up pattern, as the pair shortly traded below the trend
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. This caused a piercing of the resistance range and 1.2800 mark, before the pair started a decline. The decline passed below the previously
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. On the EUR/USD charts it resulted in an initial piercing of the resistance levels as high as 1.1060, before the pair retreated back
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. Gold reacted to the news with a breaking of the resistance of the 1,920.30/1,922.60 range and the 50-hour simple moving average
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. On the USD/JPY charts there was an initial fake breaking of the channel up pattern, as the pair shortly traded below
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. This caused a piercing of the resistance range and 1.2800 mark, before the pair started a decline. The decline passed below
Initially, the US CPI was at the forecasts or slightly lower, which caused a drop of the US Dollar on Thursday at 12:30 GMT. However, then the markets realized that the data has showed first growth in 13-months. On the EUR/USD charts it resulted in an initial piercing of the resistance levels as high as 1.1060, before the pair
The electric vehicle maker Rivian has increased its 2023 production target and reassured its stakeholders that the company has enough liquidity for growth.
The United Kingdom has published its monthly Gross Domestic Product data. The UK economy was expected to have grown by 0.2%. However, it turned out that the country has recovered in economic scale by 0.5%. The event caused a sharp surge of the GBP/USD of 0.22%.