US Dollar Soars as Dow Jones Sinks on Hawkish Fed Comments. DXY Ready to Reverse?
The US Dollar soared as the Dow Jones sank on Monday after Chinese lockdown protests […]
Gold Bulls May Want to Watch US Rate Forecasts, Silver Traders Follow Gold
Gold dropped to open the week – again reflecting the opposite performance of the US […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar has opened the week with a support test, and EUR/USD has pulled […]
Technical vs Fundamental Analysis in Forex
Is fundamental or technical analysis best for trading? Learn the differences between the two.
200 Day Moving Average: What it is and How it Works
The 200 day moving average is widely used by traders to identify long term trends. […]
Engulfing Candle Patterns & How to Trade Them
Learn how to use the engulfing candlestick pattern to spot reversals in the markets.
Japanese Yen Technical Outlook: More USD/JPY Weakness Ahead?
The failure of USD/JPY to extend gains last week could be a warning sign of […]
Australian Dollar Blitzed by China Covid Concerns Souring Sentiment. Where to for AUD/USD?
The Australian Dollar is under pressure again after the US Dollar reclaimed the ascendency amid […]
EUR/USD Technical Outlook: Retreat Imminent?
The recent stalling of momentum is a sign that the Euro’s rally against the US […]
GBP/USD Technical Outlook: Time For a Breather
GBP/USD’s spectacular two-month rally could be due for a breather. What are the signposts to […]
US Dollar Outlook – Will Heavyweight Data Stem the US Dollar’s Ongoing Decline?
The recent US dollar sell-off has seen the greenback fall by 8% since hitting a […]
S&P 500 and Nasdaq Composite Index Technical Outlook: Looking for a Bullish Break?
The S&P 500 Index and the Nasdaq Composite Index are gearing up to take on […]