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Risk Appetite Boosted by Unknown Progress in US-China Trade Negotiation, More...
Trade talk optimism, trade pessimism, drove markets up and down last week. In the end, Presidents of US and China decided to give markets...
The Weekly Bottom Line: Wall of Uncertainty
U.S. Highlights
December retail sales came in significantly weaker than expected, falling 1.2% m/m, with the decline being broad-based. Consumption in Q4 is now...
NZD/USD Riding High on RBNZ and Optimistic Trade Talk Fumes
In the middle of the week, the RBNZ opted to leave its primary interest rate unchanged at 1.75%, where the central bank expects it...
Week Ahead: Productive US-China Trade Talks Support Risk Appetite – for Now
European markets recovered after a weak start and Wall Street rallied sharply after index futures made good their overnight losses. Sentiment turned positive apparently...
Week Ahead – Flash February PMIs Eyed for Growth Clues; Fed and ECB Minutes to Be Watched Too
The focus will firmly be on economic indicators next week as political and central bank events temporarily take a back seat. The latest PMI...
Weekly Economic and Financial Commentary: More Subdued Data from the Global Economy
U.S. Review
Retail Sales Go Rogue
Energy prices weighed on both headline CPI and PPI. The January CPI was unchanged, while PPI fell 0.1%. Core...
USDCHF Backs Off Higher Prices On Loss Of Momentum
USDCHF backs off higher prices on loss of upside momentum on Friday. This development leaves risk of more weakness on the cards. Resistance comes...
The Weekly Bottom Line: Wall of Uncertainty
U.S. Highlights
December retail sales came in significantly weaker than expected, falling 1.2% m/m, with the decline being broad-based. Consumption in Q4 is now...
Stocks Surge on Optimism US-China Trade War Nearing An End
The global equity rally continues to be bolstered by optimism that the trade war could finally see a framework agreement. The US also avoided...
NZD/USD Riding High on RBNZ and Optimistic Trade Talk Fumes
In the middle of the week, the RBNZ opted to leave its primary interest rate unchanged at 1.75%, where the central bank expects it...
Week Ahead: Productive US-China Trade Talks Support Risk Appetite – for Now
European markets recovered after a weak start and Wall Street rallied sharply after index futures made good their overnight losses. Sentiment turned positive apparently...
Week Ahead – Flash February PMIs Eyed for Growth Clues; Fed and ECB Minutes to Be Watched Too
The focus will firmly be on economic indicators next week as political and central bank events temporarily take a back seat. The latest PMI...
Cliff Notes: Sentiment’s Many Facets
Key insights from the week that was.
Sentiment has been at the heart of the action this week, both in Australia and abroad.
With confidence and...
Weekly Focus – Still Waiting for the Rebound
Market Movers ahead
We expect euro area manufacturing PMI to decline marginally on the back of weak new orders and political risk. We will be...
Stocks and Dollar Rally on Trade Optimism
The greenback and US stocks are poised for another weekly gain as trade talk progress appears to be gaining momentum, with negotiations continuing next...
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China’s Inflation Weakened Sharply. Trade Improvement Masked by Seasonal Factor
Headline CPI eased to +1.7% y/y in January, missing consensus of and December’s +1.9%. The slowdown was mainly driven by food price which fell...
Why European Markets Are Not As Strong As US Markets
Central bank support matters a lot and the ECB is still not paying any attention to the weakness in the economic data
The equity markets...
NZD Jumped although RBNZ Postponed Timing of Rate Hike (At Least Not Expecting a Cut)
Kiwi rallied although RBNZ left the OCR unchanged at 1.75% as anticipated. The central bank did turn slightly more dovish than in November but...
Aussie and Kiwi Outlook: Storm Clouds Gathering?
Both the Australian and New Zealand dollars have seen the wind leave their sails lately, amid mounting speculation that their respective central banks will...
01 – Fundamental Analysis Overview
As you have already read, Fundamental analysis is studying the economic fundamentals of a currency, country, or economy. Economic fundamentals really is a very...
01 – Support and Resistance
For the bushy-tailed and bright-eyed newcomer, technical analysis of the Forex market often becomes an obsession.
I know for me it was.
Although you will learn...
00 – Trading Psychology 101
Now that you've studied the basics of technical and fundamental analysis, as well as the importance of proper risk management techniques, it's about time...
00 – Risk Management 101
In forex trading, there are several factors that you can't really control. While you can be able to make predictions based on fundamental analysis...
00 – A Beginner’s Guide to Fundamental Analysis
What is Fundamental Analysis?
Fundamental analysis mostly refers to the use of economic data to predict forex price movements. While technical analysis focuses on historical...
00 – A Beginner’s Guide to Technical Analysis
Technical analysis refers to the study of past price action as a guide in forecasting future price movements. This involves looking at candlestick formations,...
01 – How to Start Trading in 4 Easy Steps
1. Register with OctaFX by opening an account
Having an account allows you to access your personal area on our website and to trade...
01 – How Does Forex Work?
How Does Forex Work?
Forex trading is the simultaneous buying of one currency and selling of another
These two currencies make up what is...
A Beginner’s Guide to the Japanese Yen
Did you know that over 80% of the trading volume in the FX market is dominated by only a handful of currencies?
According to the...
Why Is Forex Trading Illegal in Some Countries?
Forex Financial Currency Exchange is the largest and most far-reaching market in the world, which gives many traders a chance to start a successful...
Trading USD/CAD Currency Pair
The Canadian dollar is a national currency of Canada. It is a free convertible currency and the sixth most traded currency on the Forex...
Practical Tips for Those Who Want to Trade Safe on Forex
We can’t really speak of earning money on FOREX without understanding the risks. Foreign exchange market isn’t a safe battleground for beginners. Huge money...
What is Price Action in Forex Trading?
Looking at a candlestick, bar or a line chart for the very first time is both captivating yet confusing. The typical response we hear from newer traders is that it reminds them of a hospital's heart monitor. While this medical appliance is designed to monitor the fluctuations of a heart, the chart is there to record a security's price.
Become a Successful and Balanced Trader with These 5 Trading Virtues
Get to know the trading virtues you need to develop for a successful trading career. Virtues are described as traits that revolve around moral...
This One Trick Can Change Your Trading Results
Repetition!
Yes, you read it right. Repetition!
Ever wondered why in the field of medicine, the doctors and surgeons at the top of their game often...
Forex Trading Psychology
Forex trading psychology is a big thing. Often, it is the psychology, not a lack of academic knowledge or skill in application, that is...
What are the Habits of Successful Traders?
What are the habits of successful traders? How can you implement these habits in your own trading to achieve better results? In this article, you can find some tips about trading habits that may help you achieve better results.
Traits of a Successful Trader
Trading, especially to the unaware, is generally intimidating. Some would even go as far to say that it's frightening! Over time we've heard it all: 'participating in the market is a sure-fire way to lose your shirt', 'the market is rigged', 'it's gambling' - the list is endless! So why, if all the above is true, are there traders that seem to almost effortlessly pull money out of the markets on a consistent basis? Is it luck, insider knowledge or were they just born with a trading gift?
Approaching Money Management
The majority of traders seem obsessed with carving out a flawless trading method, often mistakenly overlooking the significance of money management.Whilst it is strongly...
How to Identify Supply and Demand
Technical supply and demand is an approach based on price action. The general idea is to locate points on the chart where price has...
Examples of Evolving Head and Shoulders Pattern
The above example shows how you could have traded this pattern. After the neckline support had been formed with prices testing support near the left shoulder, price rallied to make a higher peak (head) and bouncing off to form the right shoulder.
Forex Day Trading Strategies and Tips
Intra-day trading is a set of Forex day trading strategies that demand opening and closing trades on the same day. Considering that markets can...
Supply and Demand Trading
In the following article, our objective is simple: to try and shed some light on how one can trade supply and demand on a...