Tue, Jan 22, 2019 @ 11:22 GMT

Sterling Soft on Brexit Stalemate, Yen and Dollar Higher

Sterling is trading lower in Asian session today as UK Prime Minister Theresa May's uninspiring statement did nothing to break the stalemate. But, commodity...

GBP/JPY Daily Outlook

EUR/JPY Daily Outlook

EUR/GBP Daily Outlook

EUR/AUD Daily Outlook

EUR/CHF Daily Outlook

EUR/USD Daily Outlook

Appetite For Market Risk Is Very Low

Tuesday January 22: Five things the markets are talking about Appetite for risk in this holiday shorted week starts on the low side with Euro...

GBPUSD Erases Gains After Touching Strong Wall At 1.3000

GBPUSD has found a strong resistance obstacle on the significant psychological level of the two-month high of 1.3000, reached on January 17. However, Cable...

EURUSD Loses Momentum, Re-Tests Short Term Rising Trend Line

EURUSD has declined considerably after finding strong resistance level on the three-month high of 1.1570 on January 10. The world’s most traded currency pair...

Markets Take A U-Turn After Disappointing Headlines

After a positive start to the week, Asian equities fell today amid rising concerns over the global economic outlook. The market is currently being...

Japan Interest Rates Won’t Change

The Bank of Japan (BoJ) will maintain its policy rate unchanged at -0.10% at tomorrow's monetary policy meeting. This comes on the heels of...

Appetite For Market Risk Is Very Low

Tuesday January 22: Five things the markets are talking about Appetite for risk in this holiday shorted week starts on the low side with Euro...

DAX Under Pressure As UBS Blues Drag Down Banking Sector

The DAX index has edged lower in the Tuesday session. Currently, the index is at 11,097, down 0.35% on the day. In economic news,...

GBPUSD 1.2930 Now Key Resistance

The British pound has surged above the 1.2900 level against the US dollar after the United Kingdom economy released better than expected jobs and...

USDJPY Intraday Bearish Below 109.60

The US dollar is starting to correct lower against Japanese yen currency on Tuesday, with the pair struggling to hold onto recent upside gains....

The Analytical Overview Of The Main Currency Pairs

The EUR/USD currency pair Technical indicators of the currency pair: Prev Open: 1.13603 Open: 1.13644 % chg. over the last day: +0.02 Day's range: 1.13500 – 1.13636 52 wk range:...

The US Dollar Has Been Changing Slightly Against The Currency Majors

The US dollar did not change a lot against the basket of major currencies during yesterday's trading session. Yesterday, the International Monetary Fund revised...

Dax Turning Into A Corrective Retracement, GOLD Finding Support

Stocks are coming down since yesterday, with DAX futures 190 points from recent high so it seems that corrective set-back can already be in...

EUR/GBP Outlook: Upbeat UK Data Add To Negative Tone, Bears Eye Key Support At 0.8763

The cross accelerates lower after pound got boosted by UK earnings beat (3.4% vs 3.3% f/c, as pay growth hit 10-year high) and upbeat...

EUR/USD Outlook: Bears Face Strong Headwinds From Daily Cloud Base, German ZEW Data Likely To Confirm Negative Stance

The Euro holds off session low at 1.1345 after fresh bears cracked key support at 1.1350 (daily cloud base / Fibo 61.8% of 1.1215/1.1569...
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Chinese Economy Shows Signs of Stabilization in Late 2018. More Challenge Ahead

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...

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...

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...

Is it Real to Earn on Forex Without Investments?

A currency speculation is the basis of earnings on Forex. That is traders trade according to a simple principle "buy cheap, sell expensive". The...

Five Factors that Drive FX Prices

1) Perceptions about the Future Path of Interest Rates These are perhaps the most classical of all the drivers of Forex rates. Long-standing economic doctrines...

What’s Better, Forex or Stock Trading?

Many people often ask the question as to whether forex trading is better than stock trading or vice versa. The question is like comparing...

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...

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...

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…

How to Improve Your Trading Results with Daily & Weekly Routine

As humans, we tend to perform our best when we have a well laid out routine. Chaos is something that most of us by human nature tend to avoid at best. With trading, having a routine brings with it a certain level of discipline which helps you to improve your performance as a trader. Having a trading routine helps you follow a trading process and at the same time will help you to avoid taking impulsive trading decisions, be it entering or exiting a trade prematurely. Professional traders, whether they trade currencies or bonds, or stocks follow a routine.

Apply the Best Mindsets for Efficient and Enjoyable Trading

An optimal mindset is key to achieving efficient and enjoyable trades. With a volatile forex market, traders need a reliable mindset to manage all trading activities. By obtaining a strong and optimistic mental attitude, you can properly accomplish trades and vital tasks for success. Applying the right mindset allows a focused way of thinking that can minimize anxiety and reduce the chances of emotional trading. To have a healthy outlook towards the forex market, practice the best mindsets for optimal forex trading.

Get to Know the Positive Aspects of Being a Forex Trader

Life as a forex trader is exhilarating and rewarding. In an exciting market, expert traders have to be goal-oriented, mentally sharp and emotionally intelligent. To reach trading goals, successful forex traders need to acquire optimal knowledge and a focused mindset. On a constant basis, traders have to practice analysis, strategizing and diligence. Eventually, this provides a positive and proactive way of thinking that is beneficial for both personal life and career goals.

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.

How to Identify and Trade the Strongest Part of a Trend – Part 1

Technical indicators are often used by traders for a number of reasons, but primarily to detect the changes in the markets. Technical indicators are relied upon for signs of any change in direction, or the momentum in the price of the underlying security as well as volatility in the markets.

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...

Low Spread Scalping Strategies

It's always important to know how to exploit the advantage of low spreads in spread trading. It's also good to know that there's a...

Using Psychological Levels in your Trading

Plotting support and resistance levels is often a challenging and subjective task. It is also commonly one of the first areas of price action...

Range Trading Explained

Traders who are just beginning to get a handle on how the markets move, focus on the range pattern; one of the most popular price patterns in technical analysis. In a range, the price bounces from a lower horizontal line (support) and rebounds back down from an upper horizontal line (resistance). This creates a sideways or "trend-less" price movement, which is very appealing even for advanced traders, because when a trader looks at the range in hindsight or on paper, it looks like a very easy way to make money.