• December 6, 2022
  • Market News
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar is starting the week with a bounce and the FOMC is in the blackout period ahead of the next rate decision....
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  • December 6, 2022
  • Market News
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S&P 500, Nasdaq, Dow Jones: US Equity Futures Sink After Recent Gains

S&P 500, Dow Jones and Nasdaq have lost ground after Friday’s NFP report and expectations of further rate hikes for longer supported the safe-haven Dollar, driving equities lower....
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  • December 6, 2022
  • Market News
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FTSE 100 and GBP/USD Approaching Important Zones – Another Dollar Story?

The FTSE 100 has gained 13% from the October lows, but can bulls further the move as an important resistance zone comes into the picture?...
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  • December 6, 2022
  • Market News
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US Services PMI Data Surprises to the Upside, Strong Q4 GDP in Sight

America’s largest sector, the services sector achieved another expansion, rising on increased business activity and employment....
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  • December 5, 2022
  • Market News
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GBP/USD Catches its Breath as the Dollar and Risk Sentiment Remain the Driving Force

Cable remains overextended against the greenback as we approach key resistance levels. The 1.2500 level should cap any further gains ahead of the FOMC and BoE meetings....
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  • December 5, 2022
  • Market News
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How Forex Traders Use ISM Data

Forex traders closely watch ISM monthly manufacturing reports. Learn to trade using ISM data....
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  • December 5, 2022
  • Market News
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EUR/USD Price Forecast: Fewer Risk Events Favors EURUSD Rise

EURUSD continues to grind higher as hopes of US peak inflation adds to USD selloff. The current move higher sees little in the way of economic data to reverse course...
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  • December 5, 2022
  • Market News
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Gold Price Outlook – Looking to Build the Next Leg Higher?

The precious metal tested and rejected a multi-month level of resistance but looks to make a fresh attempt in the coming days....
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  • December 5, 2022
  • Market News
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Currency Carry Trade: What is it and how does it work?

Learn how to calculate and implement currency carry trades in your forex trading strategy....
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  • December 5, 2022
  • Market News
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Crude Oil Forecast: EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged

Brent crude oil is trading marginally higher this Monday after the EU decided on a Russian oil price cap of $60 per barrel....
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