Trading any market, including Forex, requires knowledge and practice, but guess what? If you’re into Forex trading, there’s much more to explore! The Forex market depends on many factors that vary...
Tag - Forex Technical Analysis
What are Exotic Currency Pairs and How to trade them?
Major pairs are not the only currency combinations that can lead you onto a lucrative path to profitability. Some unusual and mysterious combinations exist beyond the realm of commonly traded forex pairs. Come and...
Oil Prices Extend Losses on Supply Concerns
Oil prices extended losses on Friday morning as U.S. officials indicating that it would be difficult to refill the Strategic oil reserves and continued uncertainty around OPEC production levels adding pressure to the...
Ultimate Guide on Forex Trend Analysis and Trend Trading Strategy
Did you ever ponder how certain forex traders seem to have a mystical ability to forecast the movement of currency pairs? However, it’s not supernatural or fortuitous. It’s the efficacy of trend analysis and...
Gold Pinned Near YTD Low as Focus Turns to US NFP
Gold struggles to recovery holding near two-month low on Thursday weighted by the hawkish comments of Federal Reserve Chair Jerome Powell and better-than-expected US labor data. Gold prices held steady just above their...
What is Technical Analysis? and How to Analyze the Market?
Technical analysis in trading is a fascinating exploration of the market. By studying charts, patterns, and indicators, traders can gain valuable insights into price movements and make well-informed decisions...
Types of Forex Charts and How to Read Them
Forex charts help traders analyze the market and anticipate what could happen next. They are a visual representation of a currency pair’s price over a set period of time. Learning how to read forex charts is a very...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 7th November 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 8th Nov: NZD – Inflation Expectations, AUD – RBA Gov Lowe Speech & USD – Congressional Elections 9th Nov: AUD – RBA Deputy Gov Bullock Speech & USD –...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 31st October 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 31st Oct: EUR – CPI Flash Estimate 1st Nov: AUD – RBA Interest Rate Statement & USD – ISM Manufacturing PMI 2nd Nov: NZD – Employment Change &...
Weekly Market Outlook: Eyes on US Earnings, Central Banks and Economic Data
Weekly Market Outlook – It’s a busy week as investors will be watching the US earning season, Q3 GDP advance readings, flash PMI readings for Eurozone and US along with China’s GDP growth figures for the third quarter...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 17th October 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 17th Oct: USD – Empire State Manufacturing Index 18th Oct: NZD – Consumer Price Index & AUD – Monetary Policy Meeting Minutes 19th Oct: GBP – Consumer...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 10th October 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 10th Oct: JPY, CAD & USD – Bank Holiday 11th Oct: GBP – Average Earnings Index, Claimant Count Change & Unemployment Rate 12th Oct : GBP –...
Fundamental Analysis: Complete Guide to Professional Forex Analysis
Fundamental analysis is the process of analyzing the fundamental factors affecting financial markets in order to predict future prices. Forex fundamental analysis tackles the overall state of the economy and examines...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 26th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 26th Sep: JPY – BOJ Gov Kuroda Speech, EUR – German ifo Business Climate & ECB President Lagarde Speech 27th Sep: USD – Fed Chair Powell Speech, Durable Goods...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 19th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 20th Sep: AUD – Monetary Policy Meeting Minutes & CAD – Consumer Price Index & Core 21st Sep: USD – Fed Rate Decision, Statement & Press...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 12th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 12th Sep: GBP – Gross Domestic Product 13th Sep: USD – Consumer Price Index 14th Sep: GBP – Consumer Price Index & USD – Producer Price Index 15th Sep: NZD –...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 5th September 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 5th Sep: GBP – Final Services PMI & ALL MAJORS – OPEC-JMMC Meetings 6th Sep: RBA Interest Rate Decision & Statement & USD – Final Services PMI &...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 29th August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 29th Aug: AUD – Retail Sales 30th Aug: EUR – Consumer Price Index, & USD – CB Consumer Confidence & JOLTS Job Openings 31st Aug: EUR – CPI &...
Weekly Market Outlook: Eyes on NFP After Powell’s Hawkish Speech
Weekly Market Outlook – Central banks will be stepping off the scene this week, which directs attention to economic data. The main highlight of the week will be the NFP report on Friday. Labor market data will be...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 22nd August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 23rd Aug: EUR, GBP & USD Flash Services & Manufacturing PMI & USD New Home Sales 24th Aug: USD Durable & Core Durable Goods Order & Pending...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 15th August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 16th Aug: AUD – Monetary Policy Meeting Minutes & CAD – Consumer Price Index & Core 17th Aug: NZD – Rate Statement & Interest Rate Decision, GBP –...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 8th August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 8th Aug: NZD – Inflation Expectations 9th Aug: USD – Prelim Nonfarm Productivity & Unit Labor Costs 10th Aug: USD – CPI & Core CPI 11th...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 1st August 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 1 Aug: USD – ISM Manufacturing PMI 2 Aug: AUD – Interest Rate Decision & Statement & USD – JOLTS Job Openings 3 Aug: NZD – Employment Change &...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 25th July 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 25th July: EUR – German ifo Business Climate 26th July: USD – CB Consumer Confidence & New Home Sales 27th July: AUD – Consumer Price Index & USD –...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 18th July 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 19th July: AUD – Monetary Policy Meeting Minutes 20th July: GBP – BOE Governor Bailey Speech, AUD – BOE Governor Lowe Speech, GBP – Consumer Price Index & CAD –...
Weekly Market Outlook: US Inflation, BoC and RBNZ Rate Decisions in Focus
Weekly Market Outlook – The focus will turn to earning results this week as the US earnings season kicks off. Key data releases on the economic calendar include US inflation rate & retail sales, UK and China...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 4th July 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 4th July: CHF – Consumer Price Index 5th July: AUD – Interest Rate Decision & Statement & GBP – BOE Governor Bailey Speech 6th July: NZD – RBNZ...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 27th June 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 27th June: USD – Durable Goods Orders & Core 28th June: EUR – ECB President Lagarde Speech and USD – CB Consumer Confidence 29th June: USD – Final Gross Domestic...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 20th June 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 20th June: USD – Bank Closed Due To Juneteenth, EUR – ECB President Lagarde Speech and USD – FOMC Member Bullard Speech. 21st June: AUD – RBA Gov Lowe Speech &...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 13th June 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 13th June – GBP: Gross Domestic Product, Trade Balance, Industrial and Manufacturing Production 14th June – USD: Producer Price Index & Core 15th June – USD: FOMC...
Weekly Market Outlook: Fed and BoE Set for More Hikes
Weekly Market Outlook – Central bank meetings will be the center of attention as all US Fed, Bank of England, Swiss National Bank and Bank of Japan meet this week. A rate hike is expected from both the Fed and...
Weekly Market Outlook: All Eyes Turn to RBA and ECB Meetings
Weekly Market Outlook – Central banks meeting and a series of inflation numbers will be in focus this week. RBA is expected to continue its tightening bias and hike rates for the second meeting in a row. Meanwhile, the...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 6th June 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 7th June – AUD – Interest Rate Decision & Statement 8th June – EUR – Gross Domestic Product 9th June – EUR – Interest Rate Decision, Statement & Press...
Weekly Market Outlook: Fed, RBA and BoE Hike Rates as Inflation Reach Multi-Decade High
Weekly Market Outlook – This week is packed with central bank meetings and high-impact data releases. RBA will kick off the week with an expected 15 bp rate hike. Similar moves are expected from the Federal Reserve and...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 25th April 2022
The weekly analysis and trade ideas for the major currency pairs, gold, and Bitcoin, can be used to establish suitable objectives and manage risk by identifying regions in a chart where the price is expected to approach...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 18th April 2022
Weekly Analysis on Major Pairs, Gold, Oil, Bitcoin 18th April – ALL – Easter Holiday Market Close for major Banks. 19th April – AUD Monetary Policy Meeting Minutes and USD Building Permits & Housing...
Five Tricks to Improve your Fibonacci Trading Skills
Fibonacci retracement levels are derived from the Fibonacci sequence where each included number is the sum of the previous two. Fibonacci retracements are used in forex trading to anticipate future price movements and...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 11th April 2022
Weekly Analysis on Major Pairs, Gold, Bitcoin 11th April –UK GDP, Trade Balance, Manufacturing and Industrial Production 12th April – EUR German HICP, GBP Average Earnings and Claims & USD CPI & Core CPI 13th...
Weekly Market Outlook: BoC, ECB, RBNZ Meetings and US Inflation in The Spotlight
Weekly Market Outlook – Despite the quiet opening and closing, this week is data-packed as investors await policy meetings in the Eurozone, Canada and New Zealand. While the first is expected to take no policy actions...
Forex Technical Analysis: Weekly Analysis on Major Pairs, Gold, Bitcoin – 4th April 2022
Weekly Analysis on Major Pairs, Gold, Bitcoin 4th April – EUR – German Trade Balance & CAD – BOC Business Outlook Survey 5th April – AUD – Interest Rate Decision & Statement, GBP – Final Services PMI &...
