Trending Now
Sterling Might Wake Up as Brexti Vote Approaches, Busy Week Ahead
Asian stocks open the week lower, following Friday's selloff in the US. But the forex markets are pretty steady. Dollar is the weakest one...
EUR/USD Likely Approaching Bullish Break
Key Highlights
The Euro recovered recently and traded above the 1.1350 resistance against the US Dollar.
There is a major bullish trend line formed...
Brexit Monitor: Vote On Tuesday Is Not The Final Word In The Brexit Saga
Key dates
10 December: ECJ ruling on Brexit reversal and 4th day of Brexit debate. 11 December: Vote in House of Commons on Theresa...
Weekly Economic and Financial Commentary: Perfect Example of He Said, Xi Said
U.S. Review
Despite Market Jitters, Fed to Raise Rates in December
An ephemeral trade truce, the inversion of the front-end of the yield curve and...
The Weekly Bottom Line: See You in Spring, Rate Hikes
U.S. Highlights
Data released this week remains consistent with the view that U.S. economy continues to expand at an above-trend pace.
Although disappointing in...
Market Morning Briefing: Aussie Could Get Some Decent Support At 0.7215
STOCKS
Moment of truth for Equities? Looks like our bullish preference is under severe threat of being proven wrong.
Dow (24388.95) plunged again on Friday to...
Daily Markets Broadcast
Wall Street tumbles to six-week low
Weak jobs data and an escalation in US-China tensions over the arrest of Huawei’s CFO combined to pressure US...
Asia Market Update: Oil, Cnh, Aud Trade
Oil market update
Commodity market, in general, remains a binary trade very much but China’s unquenchable demand for Oil and Gas is back in focus...
EUR/USD Likely Approaching Bullish Break
Key Highlights
The Euro recovered recently and traded above the 1.1350 resistance against the US Dollar.
There is a major bullish trend line formed...
Brexit Monitor: Vote On Tuesday Is Not The Final Word In The Brexit Saga
Key dates
10 December: ECJ ruling on Brexit reversal and 4th day of Brexit debate. 11 December: Vote in House of Commons on Theresa...
Equity Markets: The Bar Is High For A Sustained Bullish Pivot
Brexit comes front and centre in the week ahead between the UK Parliament’s Meaningful Vote, Tuesday, December 11 and the following EU Summit, December...
EURUSD Eyes Further Upside Pressure Nearer Term
EURUSD continues to face further recovery higher. Support lies at the 1.1350 where a violation will aim at the 1.1300 level. A break below...
EURGBP Continues To Target Higher Prices
EURGBP continues to target higher prices following its higher close the past week. On the downside, support stands at the 0.8900 level where a...
Forex Forecast and Cryptocurrencies Forecast
First, a review of last week’s events:
EUR/USD. Our forecast for relatively weak labor market data turned out to be 100% correct. ADP and ISM...
Weekly Economic and Financial Commentary: Perfect Example of He Said, Xi Said
U.S. Review
Despite Market Jitters, Fed to Raise Rates in December
An ephemeral trade truce, the inversion of the front-end of the yield curve and...
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Brexit Monitor: Vote On Tuesday Is Not The Final Word In The Brexit Saga
Key dates
10 December: ECJ ruling on Brexit reversal and 4th day of Brexit debate. 11 December: Vote in House of Commons on Theresa...
China Weekly Letter – Will the Tech War Threaten a Trade Deal?
US-China ceasefire off to a rocky start - but we still look for a deal in 2019
The US-China trade deficit at a...
Japan: Further Tweaks to Monetary Policy?
Executive Summary
One key theme heading into 2019 is likely to be monetary policy convergence. We believe central banks of developed economies will continue to...
The Brexit Trade Which Matters
Yesterday, the United Kingdom experienced an unprecedented moment. Theresa May, the British Prime Minister, suffered a triple defeat. This opened the door for the...
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...
Risk-on and Risk-off
First confronted with the somewhat esoteric terms risk-on and risk-off (or RoRo) typically (for those born in the 70s/80s) evokes childhood memories of the...
Institutional FX Positioning: Don’t Fight The Flow
Informational Imbalances
The development of trends in FX markets relies on the aggregation of institutional order flow to drive a currency or currency pair in...
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 to Master Technical Analysis?
One of the best ways to forecast future price movements on the Forex market is to apply technical analysis. Using technical analysis, traders monitor...
Crypto Trading on Forex. How to Have Income Even When the Rate is Falling
The interest in cryptocurrencies is growing day by day and most people recognize them as a popular payment and investment method. Cryptocurrency is used...
5 Key Trading Affirmations to Help Keep Your Mind Sharp
‘You become what you think about all day long’ ― Ralph Waldo Emerson
Our thoughts have an immense effect on what paths we take in...
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?
Don’t Let Your Doubts Prevent You from Trading Successfully
Many traders come in the Forex market to get easy and fast earnings. But instead of the desired profit, they lose their deposit in...
Concentrate on Trades by Overcoming Forex Trading Jitters
At times, the excitement during executions can bring about many emotions. One of these is the feeling of nervousness. Whether new or highly skilled, there will always be moments when traders experience forex trading jitters. In an active and volatile forex market, it is normal to feel anxious about trading activities like entering and closing a trade or planning out the best strategy. Because of this, it is important to properly manage nervous energy to channel more productivity when trading. With enough planning and practice, learn how to easily overcome forex trading jitters for optimal forex trading.
Demo Trading vs. Live Trading
No matter how hard you try, it will be impossible for you to climb up the trading ladder until you've learned how to risk live money. Trading in the live market draws in psychological elements that are generally not experienced in a simulated environment. This, as you'll see throughout the article, is the key difference…
Should You Trade With Forex Price Action Or Indicators?
One of the most common questions that traders would at some point ask themselves is to whether to trade with the aid of indicators...
Exploring the Trend Line
As humans we love to overcomplicate things!
While an elaborate trading strategy may impress your family and friends, it is unnecessary to succeed.
For those that...
Everything You Need to Know about Confluence
To say confluence is powerful would, in our humble opinion, be a huge understatement! We agree that individual pattern recognition is worthy of attention, but without additional confluence it is not something we would entertain as a conceivable setup. .
Five Rules Around Managing Risk
Risk and reward are two sides of the same coin when it comes to trading the markets.
In fact, taking on, managing and, where possible,...
Algorithmic Trading Strategies
What is an Algorithm?
An Algorithm is a set of specific rules instructing particular actions to be taken, or responses to be made when certain...