forex for beginners
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Japan top currency diplomat Kanda says officials are watching forex moves closelyImportant for currencies to move stably reflecting economic fundamentals Not focusing on any forex levels specifically Closely watching forex...
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Eurozone May final consumer confidence -17.4 vs -17.4 prelimEconomic confidence 96.5 vs 98.9 expected Prior 99.3 Industrial confidence -5.2 vs -4.0 expected Prior -2.6 Services confidence 7.0 vs 10.2...
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GBPUSD Technical Analysis - Shift in SentimentOn the daily chart below, we can see that GBPUSD has recently fell back within the previous major range between the 1.1839 support and 1.2444...
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SNB total sight deposits w.e. 26 May CHF 516.7 bn vs CHF 515.7 bn priorDomestic sight deposits CHF 505.2 bn vs CHF 504.5 bn prior Swiss sight deposits rose slightly in the past week after having dipped in the many...
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Eurozone April M3 money supply +1.9% vs +2.1% y/y expectedPrior +2.5% Broad money growth continues to slow down considerably in the euro area and this might be a bit of a concern as credit conditions...
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Russia's Novak says to discuss oil market situation with oil companies on 30 MayNovak endured a bit of a fiasco last week as seen here , but the latest headline above shouldn't be anything too noteworthy. In any case, this...
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European equities in a bit of a bind at the open todayEurostoxx -0.2% Germany DAX flat France CAC 40 -0.6% UK FTSE -0.2% Spain IBEX flat This comes with US futures holding minor gains but...
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Switzerland Q1 GDP +0.3% vs +0.1% q/q expectedPrior 0.0% GDP +0.6% vs +0.6% y/y expected Prior +0.8% The Swiss economy grew by more than expected in Q1, supported by domestic demand and...
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Spain May preliminary CPI +3.2% vs +3.5% y/y expectedPrior +4.1% HICP +2.9% vs +3.4% y/y expected Prior +3.8% The headline reading and the EU-harmonised reading will be a welcome development for...
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Switzerland KOF leading indicator index 90.2 vs 95.3 expectedPrior 96.4; revised to 96.1 The outlook for the Swiss economy dims in May amid growing concerns about the global economic outlook in general....
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Japan top currency diplomat to brief media after emergency meeting among financial bodiesKanda will be speaking to the press after and that sort of indicates that there should be some warnings about not letting the currency freefall...
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USD/JPY dips on emergency meeting by Japanese authoritiesThe pair just fell down from 140.85 to 140.35 before keeping around 140.50 levels now after the announcement here . It looks to be some position...
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BOJ, Japan MOF and FSA to hold emergency meeting at 0830 GMT todayThere's no context to the announcement but I reckon it will just be a look in to financial conditions and perhaps the Japanese currency itself, as...
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Dollar gets to work in the new weekThe dollar is picking up from where it left off last week as gains are coming through once again. EUR/USD is down 0.2% to fresh ten-week lows at...
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AAAFx: Offering a Seamless Experience from Onboarding to Investing and Fund WithdrawalThe widely known and trusted Forex and CFD broker, AAAFx , offers an unparalleled assortment of reliable and secure deposit and withdrawal...
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GBP/USD Technical Analysis: Attempts to Stop Losses - 30 May 2023The GBP/USD exchange rate entered the new week's trading near its lowest level in two months around the 1.2332 support level.
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TRY/USD Forecast: Increasing Bets Against the Turkish Lira - 30 May 2023The Turkish lira is facing pressure, one day after the announcement of the victory of Turkish President Recep Tayyip Erdogan for a second term.
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USD/CAD: Higher Realms from the Past Month are Being Challenged - 30 May 2023The USD/CAD remains within the upper tier of its short and mid-term price charts, and nervous buying is keeping the pair rather stubborn.
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NZD/USD: Stumble to Long-Term Support Raises Some Eyebrows - 30 May 2023The NZD/USD finds its value near levels it has not seen since the middle of November last year.
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GBP/USD Forex Signal: Poised to Have a Bearish Breakdown - 30 May 2023The GBP/USD was flat on Tuesday morning as the market prepared for more volume after Monday’s UK and US public holidays.
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EUR/USD Forex Signal: 1.1650 is the Next Price to Watch - 30 May 2023The EUR/USD pair was little changed on Monday amid low liquidity since US markets were closed for the Memorial Day weekend.
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AUD/USD Forex Signal: Aussie Rebound to be Short-Lived - 30 May 2023The Australian dollar drifted upwards as investors bought the dip.
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BTC/USD Forex Signal: Reversal Near Top of Bearish Price Channel - 30 May 2023My previous BTC/USD signal on 24th May produced a very profitable long trade from the bullish rejection of the support level which I had identified...
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S&P 500 Forecast: Looking for Higher Levels - 30 May 2023The S&P 500 had a rally in the futures markets during Monday's early hours, despite relatively thin trading.
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Silver Forecast: Looks Like it Could be Finding a Little Interest Now - 30 May 2023Silver prices exhibited a slight rally at the beginning of Monday's trading session.
Top Articles
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Canadian CPI Preview: Forecasts from five major banks, inflation likely to ease againStatistics Canada will release April Consumer Price Index (CPI) data on Tuesday, May 16 at 12:30 and as we get closer to the release time, here are th
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USD Index gives away gains and drops to 101.40 on soft CPIThe greenback sets aside two daily gains in a row and returns to the 101.40/30 band when tracked by the USD Index (DXY) on Wednesday. USD Index appear
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AUDUSD falls back below the 200 day MAThe AUDUSD fell sharply today after an initial move higher found will sellers vs the 100 day MA. The subsequent fall has now taken the price below...
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AUD/JPY Technical: Potential Push Up Within a Major RangeTwo conflicting fundamental factors are driving the short-term movement of the Aussie dollar. RBA’s hawkish rhetoric has provided a potential...
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Exploring the Surging Interest of Retail Investors in Cryptocurrency in 20232023 has seen a striking increase in interest from retail investors as a result of cryptocurrency's ability to draw in investors from all around...
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AUD/USD slides amidst US economic resilience, weaker Chinese dataAUD/USD retraces from daily highs of 0.6709 and drops 0.62% after a slew of economic data from the United States (US) showed that the economy remains
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Gold Prices Tepid Despite Lower Yields Post-CPI. Is the Bullish Case Over?Gold prices retreat despite falling U.S. Treasury yields following softer-than-expected U.S. inflation data, but the fundamental outlook remains...
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FX Majors Weekly Outlook (15-19 May)UPCOMING EVENTS: Tuesday: UK Labour Market, US Retail Sales, Canada CPI. Thursday: Australian Labour Market, US Jobless Claims. Friday: Fed...
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CAD board chairman announces resignationLou Svetlik’s resignation could be accepted following a discussion between CAD board members, Chief Appraiser Keri Wickliffe said. The board...