Mon, Jan 21, 2019 @ 10:01 GMT

Chinese Economy Shows Signs of Stabilization in Late 2018. More Challenge...

The latest set of macroeconomic data for China shows signs of stabilization. This could be attributed to the government's expansionary policies both monetarily and...

GBP/JPY Daily Outlook

EUR/JPY Daily Outlook

EUR/GBP Daily Outlook

EUR/AUD Daily Outlook

EUR/CHF Daily Outlook

EUR/USD Daily Outlook

Equities Higher As China GDP Slows

Investor appetite to risk remains on the rise today, with equities in green across Asian markets. The slowdown in China’s economy will not impact...

May’s Plan B Eyed As Markets Eye Flat Open

Markets flat ahead of plan B speech It’s expected to be a relatively slow start to the week, with the extended weekend in the US...

GBP/USD Could Extend Correction, USD/CAD May Dip Slightly

GBP/USD gained a lot of momentum recently and tested the 1.3000 resistance area. USD/CAD is currently consolidating, but it may start a fresh upward...

EUR/USD Trimmed Gains, Could Revisit 1.1300

Key Highlights The Euro failed to hold the 1.1440 support and declined heavily against the US Dollar. There is a major bearish trend line...

EUR/USD Stays At 1.360.00

During Friday's trading session, the currency exchange rate depreciated to the 1.1340 level. However, on Monday morning, the European Single Currency recovered against the...

GBP/USD Depreciates To 1.2850

During the previous trading session, the British Pound depreciated against the US Dollar, breaking most of the technical indicators. On Monday morning, the currency...

USD/JPY Is At 50.00% Fibo

During the previous trading session, the rate was retraced by the upper boundary of the descending dominant pattern line at 109.90. On Monday morning,...

XAU/USD Drops To 1,282.00

Since Friday's trading session, the yellow metal depreciated against the US Dollar by 831 pips or 0.64% to place the rate at the 1,282.50...

GBP/USD Outlook: Bearish Outside Day Adds To Negative Outlook Ahead Of PM May’s Reveal Of Brexit’s Plan B For

Cable ticked lower in early European trading, after narrow-range trading in Asia on Monday, but remains at the back foot following Friday's 0.9% fall...

Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

EUR/USD Current level - 1.1381 The downtrend is intact, heading towards 1.1310 and a violation pf the latter is expected to challenge 1.1214 low. Crucial on...

Elliott Wave Analysis: EUR/USD Update

EURUSD is nicely trading lower, now breaking below the 1.142 bearish level which indicates a completed correction and a minimum three-wave drop in play....

USD Holds Steady Despite China’s Slowdown

The USD remained steady against a number of currencies, despite the Chinese economy slowing down as expected. Hopes for an improvement in the US-Sino...

Stocks Extend Trade Gains, Brexit Saga Continues

Reports China is willing to buy more US goods keep risk appetite buoyed Euro/dollar eyes keep support area, looks to Thursday’s ECB meeting ...

Chinese Growth Slows Further | May Goes After Irish Backstop

Theresa May needs to get more clarification on the Irish backstop, sterling may move towards the 1.30 mark. Investors focus on Chinese GDP growth...
- Advertisment -
- Advertisment -

PBOC’s Aggressive Liquidity Injection Reveals Severe Growth Slowdown

PBOC has aggressively increased market liquidity. In the form of reverse repo operations, the central bank announced Wednesday that a total of RMB 570B...

PM May’s Brexit Deal Rejected. What Next?

The UK Parliament rejected the Brexit deal (Withdrawal Agreement) proposed by PM Theresa May at 432 to 202 votes. The 230- vote margin marks...

Brexit Monitor: The Waiting Game – Brexit Edition

As widely expected, PM Theresa May’s Brexit deal failed in the House of Commons. The defeat, however, was bigger than expected, 432 against versus...

FX 2019 – EUR’s Upside Limited by Growth Deceleration and Political Risks

GDP growth should have moderated in 4Q18 and would remain lukewarm 1H19. Although the Italian government eventually backed down in the budget plan, political...

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...

What Currency Pair is the Most Difficult to Trade?

If you were to look into any Forex trading guide, you’d get a recommendation to trade on major currency pairs only — at least...

The Trader’s Guide to Eurodollar

Quite simply, eurodollar (also known as EURUSD), is the exchange rate between the currencies of the world's two largest economies when measured by GDP - USA and the Eurozone. The Eurozone consists of the economies of 19 EU member states who have adopted the euro as their currency. These 19 member states have ceded control over monetary policy and interest rates to the European Central Bank. And as far as the currency is concerned at least they trade as one entity.

How Much Money You Need to Start Trading on Forex

One of the most common complaints about Forex is the high barrier of entry. With a value of a standard lot being 10 000...

Non-Farm Payrolls Explained

What is it? The Non-Farm Payroll is a monthly record of job creation (not including seasonal agricultural roles) in the USA. But the report also...

The Trader’s Guide to Commodity Pairs

FX markets are famous for attaching or conjoining values and metrics to individual currencies, their pairs and crosses. They believe that these “factors” have an...

Managing Greed in Forex Trading

If you want to be a successful forex trader, greed is probably the biggest obstacle you'll have to overcome. If you try to get rich on every trade, you'll more than likely end up blowing your account - slow and steady wins the race. It's the great paradox that all traders face - if you want to get rich quickly, you have to do it slowly.

Manage and Master the Expected Emotions of Forex Trading

For optimal performance, it is important to learn the top emotions to expect from forex trading. By becoming familiar with these emotions, forex traders can better equip themselves with the right strategy and the most suitable mindset. Whether you are experiencing stress or excitement, emotions can greatly influence forex trading results. For continued profitability and strong mental health, take control of your well being and become aware of the inevitable emotions of forex trading.

Why is Personal Accountability Needed in a Trading Career?

Personal accountability is a valuable trait to have in a forex trading journey. It encourages traders to focus on experiential learning and quality performance to reach target goals. No matter what the market movement is, an accountable trader will take charge of how trades are achieved. Instead of placing blame on things like the forex market or economies, a trader with personal accountability will immediately accept every outcome and efficiently learn from it.

Five Tips on Choosing a Forex Signals Provider

Using a forex signals provider can be exciting for some. For others, having used a forex signals service already and having met with some disappointments, one can get skeptical about using such a service already. This brings the question whether one should use a forex signals service. It also prompts the question whether a forex signals provider can generate profits or equity growth for you.

What Can We Learn from Successful Traders?

Although at times trading can seem like banging one’s head against a wall, there is light at the end of the tunnel. There are traders...

Best Forex Scalping Method

If you want to start scalping on Forex, you need to rethink your whole infrastructure. Step 1. Pick a Broker Scalping is different from casual day...

What is Scalping in Forex Trading?

When people are talking about small-time online Forex trading, they almost always talk about scalping. After all, it is one of the most profitable...

Identifying Correlations

Unless you intend on trading one market at a time, it is vital to understand how different instruments markets interact with one another. A correlation, in simple terms, describes how much (or how little) two markets move together over a period of time.

Understanding Pivot Points

Pivot points are extremely popular with traders, they are used to spot direction, probable reversal points and potential support and resistance levels. It's a well-known tool that is of particular interest to novice traders, due to the simplicity of the mathematical formulas it incorporates.

One Way to Build a Position – Pyramiding

"You need to figure out how to make money being right only 20-30% of the time." – Bill Lipschutz As most aspiring traders should know,...