If you’re looking for news on the US Dollar (USD) today, you’ve got plenty of options to choose from. There’s the PCE price index, which declined in December, adding to the pressure on the currency. On top of that, there’s a lot of talk about whether the Fed’s policy decision Continue Reading
The German Dax may have had a shaky start today but it’s on the upswing in a big way. While it’s not exactly up there with the US stock market in terms of size, it’s certainly no laggard. With the market as a whole having been hammered lately, it’s good Continue Reading
The Japanese Yen has soared in recent weeks, as optimism surrounding the BoJ Shift has lifted the currency to a new all-time high. But the long-term outlook for the Yen looks dim, as the technical indicators on the currency remain bearish. This week, we examine the current state of the Continue Reading
The Australian Dollar has been a volatile currency in recent months. This has partly been due to Chinese concerns about its economic outlook, the Covid virus, and commodity prices. It is also due to risk aversion in the market, and the looming threat of a global recession. Consequently, the currency Continue Reading
AUD/USD has been attempting to recover from a recent slump, and the market has found some support. This week, the market has seen a strong recovery in the US, and the euro is also gaining ground. However, AUD/USD is facing some resistance as it remains under the 38.2% Fibonacci retracement Continue Reading
Whether you’re new to trading or you’ve been trading for a while, you can benefit from understanding the psychology behind trading. Having a good understanding of your own emotions and behaviors can improve your trading results, as well as help you solve problems with mental management techniques. In this article, Continue Reading
Despite some weak data from the United States on Friday, the gold price is fighting to reverse its downtrend. The gold price has struggled to break through a key support level in the last couple of days, which could keep it from gaining momentum. The price has been tumbling since Continue Reading
The recent announcement from the NY Fed’s meeting raised expectations for a rate hike in the coming months, but that does not mean that it will lead to a rate increase. The Federal Reserve has an explicit mandate to promote price stability and maximum sustainable employment. As such, it aims Continue Reading
Whether you are a single stock investor or an investor in a large portfolio, it is important to follow earnings from companies you own. You never know when something may change in your holdings, leading you to sell or buy more. Missing earnings season news can have disastrous consequences for Continue Reading
Trading after a news release is a highly volatile environment and traders must use sound risk management strategies to navigate it. The strategy we’ll outline below is based on a number of time frames and clearly defined levels of support and resistance. Traders can use this technique to enter trades Continue Reading
