forex for beginners
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DAX Outlook: EC Proposes Ambitious Recovery Package, DAX SoarsDAX risk rally gains traction as European Commission proposes ambitious recovery fund package
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US Dollar vs Mexican Peso Outlook: USD/MXN Remains Brittle After Sharp Sell-OffThe Mexican Peso hit its highest level against the US dollar in more than 10-weeks yesterday and in doing so tested an important support level.
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British Pound (GBP) Latest: GBP/USD Price Breakout ImminentGBP/USD continues to trade within a symmetrical triangle chart pattern but a breakout is close and the need for tight stops has therefore risen.
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EU to Unveil Covid-19 Recovery Fund Plan, Swiss Franc SinkingThe EU Commission will unveil its proposal for a regional recovery fund to counter economic pain amid the coronavirus outbreak. The Swiss Franc...
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Gold Price Forecast: May Low on the Radar Amid Negative RSI SlopeThe price of gold may continue to give back the advance from the May low ($1670) as Relative Strength Index (RSI) establishes a negative slope.
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FTSE 100, S&P 500, CAC 40 Forecasts: Analyzing Signals in PositioningSignals from IG Client Sentiment hint that the FTSE 100 and S&P 500 could have room for weakness ahead as the CAC 40 attempts to climb towards...
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Crude Oil Prices Struggle Despite Market Cheer, Gold Aims LowerCrude oil prices are struggling to find fuel for a push higher despite buoyant risk appetite across global financial markets. Gold prices may be...
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AUD/USD Rate Faces Key Test as March High Sits on the RadarThe Australian Dollar has outperformed against all of its major counterparts so far in May, but AUD/USD faces a key test as it approaches the March...
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Yen Sank Despite US-China Hong Kong Tensions, USD/JPY May FallThe Japanese Yen and US Dollar sank as the Australian Dollar rose despite escalating US-China tensions over Hong Kong. USD/JPY may be readying to...
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Renewed Worries of Negative Rates Hit Pound - 27 May 2020The Pound Sterling came under pressure against the US Dollar on revived strength for the greenback
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France's Economy Will Contract 20% On Second Quarter - 27 May 2020According to France's INSEE official statistics agency, the French economy will contract by 20 percent in the second quarter,
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Forex Today: Stocks Rising on Economic Recovery Hopes - 27 May 2020S&P 500 tests 3000 and 200-day average; U.S. consumer confidence rises unexpectedly; Brazil surpasses U.S. with highest daily coronavirus death toll
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"Rally of Hope" Defies Underlying Fears - 27 May 2020The S&P 500 broke above its 200-day moving average on Tuesday and traded at less than a point below 3,000, a sign that a prolonged uptrend for the...
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USD/JPY Technical Analysis: Stronger Bear Control - 27 May 2020The USD/JPY losses increased in the last two trading sessions, as the pair moved towards the 107.37 support in the beginning of Wednesday’s trading.
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Gold Technical Analysis: A New Break of The General Trend - 27 May 2020The optimism that prevailed in the financial markets due to the successive announcements that reaching a vaccine to counter the deadly Coronavirus...
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GBP/USD Technical Analysis: New Selling Levels - 27 May 2020Abandoning the US dollar as a safe haven amid improved financial market gains and investor’s risk appetite brought the GBP/USD an opportunity to...
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EUR/USD Technical Analysis: New Bullish Momentum - 27 May 2020With gains of more than 100 points, the EUR/USD pair succeeded in correcting upwards with gains reaching the 1.0995 resistance.
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AUD/USD Forex Signal: Strongly Bullish - 27 May 2020AUD/USD: New 3-month high price
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USD/JPY Forex Signal: Bullish Price Channel Holding - 27 May 2020USD/JPY: Weakly bullish with low volatility
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USD/INR: Breakdown Expected to Lead to Extended Correction - 27 May 2020India faces a recession, like most other economies, due to nationwide lockdowns in response to the global Covid-19 pandemic.
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BTC/USD Forex Signal: Bullish Breakout from Price Channel? - 27 May 2020BTC/USD: Strong resistance levels above price channel
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GBP/USD Forex Signal: Bullish Above 1.2296 - 27 May 2020GBP/USD: Watch for break above 1.2335
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EUR/USD Forex Signal: Bulls Set to Overcome 1.1000 - 27 May 2020EUR/USD: Medium-term wide bullish price channel
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EUR/USD Forecast: Facing Major Resistance Above - 27 May 2020The Euro has rallied rather significantly during the trading session on Tuesday, reaching towards the 1.10 level.
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S&P 500 Forecast: Struggles with 3000 Area - 27 May 2020The S&P 500 rallied a bit during the trading session on Tuesday as traders came back from the Memorial Day holiday.
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US Futures Gaining Ground, Watch DIS, GM, SHOP, CVS, OXY, ATVIThe S&P 500 Futures remain on the upside as market sentiment kept improving along with countries and U.S. states easing their...
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