Thu, Sep 20, 2018 @ 23:00 GMT

Dollar in Free Fall, EUR/USD and GBP/USD Pressing Key Fibonacci Levels

Dollar's selloff accelerates entering into US session today and drags down the Japanese Yen too. Strong employment data may halt the greenback's decline temporary....

GBP/JPY Mid-Day Outlook

EUR/JPY Mid-Day Outlook

GBP/USD Mid-Day Outlook

USD/JPY Mid-Day Outlook

USD/CHF Mid-Day Outlook

EUR/USD Mid-Day Outlook

GBP/JPY Clears Key Hurdles

Thanks to positive risk sentiment, consistent improvement in UK data and growing optimism over a Brexit deal, the GBP/JPY has risen about 900 pips...

British Pound Rises to 10-Week High on Higher Retail Sales

GBP/USD has posted strong gains in the Thursday session. Currently, the pair is trading at 1.3260, up 0.85% on the day. On the release...

EUR/CHF Remains Bid as SNB Retains Franc “High Value” Language

After strengthening noticeably since May, the perceived safe-haven Swiss franc has eased back a little over the past few days as risk assets rallied...

Pound Boosted by Retail Sales, EU Summit in Focus

The Pound was thrown back into the limelight today after UK retail sales unexpectedly rose in August. UK retail sales dished out an upside surprise...

GBP/JPY Clears Key Hurdles

Thanks to positive risk sentiment, consistent improvement in UK data and growing optimism over a Brexit deal, the GBP/JPY has risen about 900 pips...

Oil Falls After Trump Targets OPEC

Oil fell after US President Trump targeted the Organization of the Petroleum Exporting Countries (OPEC) for not doing enough to keep crude prices low....

British Pound Rises to 10-Week High on Higher Retail Sales

GBP/USD has posted strong gains in the Thursday session. Currently, the pair is trading at 1.3260, up 0.85% on the day. On the release...

Japanese Inflation Data Unlikely to Move the Yen as Safe-Haven Flows Remain Currency’s Primary Driver

Japanese inflation data for August will be hitting the markets on Thursday at 2330 GMT. The figures are expected to confirm that the Bank...

Yen Trading Sideways, Japanese Inflation Report Next

USD/JPY is showing little movement in the Thursday session. In North American trade, the pair is trading at 112.17, down 0.09% on the day....

Sunset Market Commentary

Markets The downtrend on global core bond markets simply continued today as risk sentiment thrived. Trading was sentiment-driven and technically inspired. Strong US eco data...

UK 100 Index Turns Slightly Higher; Indicators Confirm Bullish Bias

The UK 100 index jumped above the 50.0% Fibonacci retracement level of the upleg from 6760 to 7905, around 7333, during Wednesday’s session. Currently,...

Pound Shines after Unexpected Rise in Retail Sales

Here are the latest developments in global markets: FOREX: British retail sales beat expectations today rising by 0.3% m/m in August, above the -0.2% forecasted, from 0.9% m/m in...

EURUSD: Breaks Above Key Resistance, Targets 1.1790/99 Region

EURUSD: The pair saw a strong price rally on Thursday opening the door for more gain in the days ahead. On the upside, resistance...

Brent Oil Outlook: Oil Prices Fell after Trump Criticized OPEC for High Prices

Brent oil fell over $1 on Thursday after US President Trump criticized high oil prices and urged OPEC to lower them. Oil prices moved...
- Advertisment -
- Advertisment -

China Unlikely to Give In to Trump’s Demands Despite New Tariffs

Trump is expected to implement the second round of tariffs on an additional USD200bn of imported goods from China either later today or...

Yield Outlook: Italy Moving to the Background and Fed Hikes to Continue

The focal point in the European bond markets over the summer has been Italy. This has resulted in downward pressure on, in particular, German...

As NAFTA Talks Enter Final Stretch, is the Loonie Set to Rally?

The US-Canada trade talks have heated up lately, with a deal by the end of this month looking increasingly more realistic. In such a...

ECB Review: For the Feinschmeckers – Part II

ECB didn't deliver new policy signals during today's meeting, which on the face of it was rather uneventful. As usual, the devil is...

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...

Inside The Forex Market: Famous Fat Finger Trades & Flash Crashes

Fat finger trades & flash crashes; these are terms that many of you might have heard on financial news channels or even seen plastered across headlines in newspapers, but do you really know what they mean?

Using Expert Advisors to Improve Your Trading

Traders may or may not agree that using an automated trading strategy will improve your trading results. But one cannot ignore the fact that an EA can be beneficial in the early stages of developing your trading strategy. In this article, we look at how using automation can help you to cut down on time while providing an objective analysis of your trading system.

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...

Inside the Forex Market: Fake News, Currency Wars & Corruption

Fake news has become one of the buzzwords of 2017, with almost weekly reports regarding politicians or political events, causing outrage due to their spurious nature. The growing importance of social media has exacerbated the problem with fake news reports spreading like wildfire and quickly garnering vast amounts of attention before they can be disputed and or corrected.

Five Ways to Earn Additional Income Trading Forex

Many people turn to forex trading in hopes of growing their account equity. This dream is made possible by the fact that with leverage and low deposit requirements, just about anyone with a disposable income can deposit funds and can start trading forex. .

Combatting the Dreaded Analysis Paralysis

Despite a perfectly reasonable trading opportunity in the offing, traders frequently find themselves analysing and questioning the setup’s validity, placing them in a position...

How Big Players Operate: The Psychology of Key Levels in Forex Trading

For many Forex traders, the psychology of the big players is a mystery. So let’s shed some light on the matter. Why is this important? Because...

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…

Myths of Fear and Greed in FX

For the subject of this week's article, I thought that I would take the time to explore the thought process behind most trading decisions we make during our FX speculating. As you may already know if you have read previous articles written by myself or my colleagues, we all drive home the importance of formulating and then following a detailed and actionable written trade plan, so as to remove any underlying emotions from the decision making process and thus enforce ongoing discipline in our trading activities. The less the trade becomes about us and more about our rules and plan, the more we have steered ourselves towards achieving success in the markets on a consistent basis. The plan tells us what to do, as opposed to us looking at a chart and guessing what we should do.

What Type Of Forex Trader Are You?

To the uninitiated, the champion day trader may seem like a person of action. But they are just as comfortable stalking their trade as they are decisive when it comes time to execute.

Moving Averages Explained

Among technical analysts, moving averages (MA) are one of the more commonly used indicators. In the right hands, these tools can be exceedingly powerful! The...

What are Range Bars? Trading Strategies Using the Range Bar

Range bars belong to a type of chart that is independent of time. Unlike the more conventional chart types such as the candlestick and...

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...

The First Rule of Forex Trading: FX Market Types

Have you ever found that your trading system works great one day but fails miserably the next? Your problem is quite possibly market type identification. Too many Forex traders will trade the same way no matter what the market is doing. Instead look to identify the market type first, and then devise a strategy appropriate to that market type.

Trading the Gartley harmonic pattern

The harmonic domain is a bizarre, yet intriguing, phenomenon for most traders. While some dismiss the approach entirely, others are unable to trade without it. Despite...