For the S&P index, it just moved below its 61.8% retracement 3726.03 of the move up from December 20. It trades at its lowest level since January 6. The S&P index is also now lower on the year
3 Types of Forex Analysis
Discover the 3 types of forex analysis used to anticipate market movements and analyse trends.
Using the COT Report in Forex Trading
The weekly Commitment of Traders Report provides information on the positioning of currency pairs.
Exp SR Rate MT5 Indicator
A trading system based on the SR-RateIndicator indicator signals. A trade signal is generated at the close of a bar if the color of the histogram...
VTS Float Pivot Smoothed MT5 Indicator
A trend indicator VTS using the Float_Pivot_Smoothed channel. MT5 Indicators – Download Instructions VTS Float Pivot Smoothed MT5...
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.
XAU/USD Forecast: Gold Prices Rebound as COVID-19 Fears Take Hold
Spot gold prices surged on Friday as the new South African variant sent XAU/USD above the $1800 handle. Bullion could see a rally into year end...
Crude Oil Price Plummets as New Variant Triggers Risk-Off Sentiment
Friday prompted a market wide selloff as COVID-19 worries deepened. Crude oil prices fell as demand prospects dulled, while SPR releases compounded...
Euro Forecast: EUR/USD Bounces But Further Losses Lie Ahead
This week’s coalition agreement in Germany will lead to a new Government dedicated to more investment. However, the ECB is unlikely to respond and...
Dow, Nasdaq 100 and S&P 500 Set to Open Sharply Lower on Fresh Covid-19 Scare
Fears that a new Covid-19 variant may force fresh lockdown measures have sparked a strong risk-off climate, hammering global stock markets lower
Major Forex Trading Sessions from Around the World
All traders should know of the 3 major forex trading sessions which comprise the 24-hour market.