Forex Trading News

Position On USD Key In 2021

The value of the USD is a crucial yardstick when comparing almost any tradable assets. If you can make the right call on the future of the USD, then other trades should fall into place. With the current bear run on the dollar well established, making a call on USd should be simple – but […]

The Capital War’s Impact on Markets & Role in US-China Relations

US-China relations, and the capital war conflict within it, is and will be a big driver of markets going forward and is important to understand even for those with shorter-term trading orientations. The same things tend to happen over and over again for the same reasons historically. By studying what happened in other societies and […]

FXTM Introduces New Indices & Zero Spreads On Forex Majors

FXTM has brought out 11 new currency and stock basket indices in response to elevated market volatility in 2020. The brokerage has also introduced zero-pip spreads and ultra-low commissions on major forex pairs. This is great news for traders looking for competitive fees and dynamic new trading products. New Products FXTM’s new Currency and Stock […]

USDCAD Set To Capture Lower Grounds

Since 21 December 2020, the USDCAD pair on the 4-Hour Chart has been in a downtrend registering the high price at 1.29555. This was followed by a series of lower tops and lower bottoms and then on 29 December 2020, the USDCAD pair recorded the low price of 1.27788. Price Action Analysis When applying Oscillator […]

Sterling Swings Wildly

Investors are bracing themselves for the value of the pound to continue to swing wildly following Brexit discussions between Prime Minister Boris Johnson and European commission president Ursula von der Leyen. Expect Volatility In the highest level since March, the overnight sterling implied volatility gauge predicted continued jumps and swings over the next few weeks […]

How Would a US Dollar Devaluation Affect Assets?

A US dollar devaluation would have an impact on movements in other asset classes. Currency volatility is among the lowest it’s ever been with central banks necessarily supportive of markets, helping to dampen volatility.   (Source: Refinitiv data stream)   However, when interest rates become so low to the point where they can’t be lowered any […]

Technical Analysis: Bulls Continue To Stay On The EURJPY Throne

The Euro-Yen pair on the Daily Chart has been in an uptrend since 30 October 2020 when it registered the low price at 121.608, and the high price of 126.667 on 4 December. Indicators Agree When applying Oscillator Analysis to the price chart, one can see that price is trading above the SMA 60 period […]

Can Bears Push The Loonie To Below 1.3000 Psychological Support Level?

The USDCAD currency pair on the 4-Hour Chart has been in a downtrend since 13 November 2020 when it registered the high price at 1.31715 On 25 November 2020, the Loonie recorded the low price of 1.29857. Technical Indicators When applying Oscillator Analysis to the price chart, one can see that price is trading below […]

Axiory Picks Up Awards For Customer Service & Transparency In 2020

Cementing its position as a top forex trading broker, Axiory has been recognised for its excellent customer service and transparency, among a string of other awards in 2020. This latest announcement coincides with a host of new Axiory products, including over 70 CFD stocks. Read on to find out more about the broker’s global awards […]

Pepperstone Secures CySEC License

Australian forex and CFD broker, Pepperstone, has been granted a CySEC license after establishing Pepperstone EU Limited in Cyprus in 2019. The news indicates the company’s commitment to expanding its trading services to European clients ahead of Brexit uncertainty. Established in 2010, Pepperstone is an award-winning online broker and one of the largest MetaTrader providers […]

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