Forex Trading News

The Swissy on the 4-Hour Chart has been in a downtrend since 1 April 2021 when it registered the high price at 0.94718, followed by a series of lower tops and lower bottoms. On 7 April 2021, the Swissy recorded the low price of 0.92673. Technicals When applying Oscillator Analysis to the price chart, one […]

The rise behind high-flying assets like SPACs (blank check companies), cryptocurrencies, and NFTs is related to the environment we’re in and the large-scale liquidity that has caused a rise in all asset classes.  Interest rates in an economy are a function of nominal growth rates.  In Western economies (the United States, developed Europe, and Japan), […]

Top forex broker, Vantage FX, has strengthened its offering for Australian traders with an account for professional investors. Eligible traders benefit from high leverage caps while retaining negative balance protection and segregated accounts with the National Australia Bank (NAB). Vantage FX Pro Account The new account will provide qualifying traders with leverage up to 1:500. […]

The EURJPY on the Daily Chart has been following an upward path since 18 January 2021, having found support at the 125.081 level. The formation of the Japanese candlestick reversal pattern known as Morning Star signalled the very beginning of the upward bias. The attractive price enticed buyers who entered the market with long positions […]

Australian-based broker, Moneta Markets, has launched an ECN account on MetaTrader 4 and MetaTrader 5. Offering raw spreads on a long list of currency pairs, traders can benefit from rapid executions and low fees. New ECN Account The introduction of an ECN account at Moneta Markets means users get raw spreads from zero pips and […]

The last 12 months have been kind to Sterling with the UK currency rising from a low of $1.14 in mid-March 2020 to over $1.42 two weeks ago. But there are clouds beginning to gather on the horizon as National Debt approaches £2 trillion, Government debt will reach 97.1% of GDP by 2023-24 and Rishi […]

The Sterling on the Daily Chart has been following a downward path since 24 February 2021, having found resistance at the 1.42400 level. The formation of the Japanese candlestick reversal pattern known as Shooting Star Pattern signalled the very beginning of the downward bias. The attractive price enticed sellers who entered the market with short […]

The Covid-19 pandemic at the beginning of the decade accelerated a new period in monetary and fiscal policy. This has implications for all asset classes. While most are focused on stocks given how low cash and bond rates are (and because that’s, generally, how it always is), the nature of monetary and fiscal policy has […]

The EURUSD currency pair on the Daily Chart has been following an upward path since 5 February 2021, having found support at the 1.19516 level. The formation of the Japanese candlestick reversal pattern known as Bullish Engulfing signalled the very beginning of the upward bias. The attractive price enticed investors who entered the market with […]

Back in the late nineties, pundits were already predicting that in the future, the world’s two superpowers will no longer be Russia and America, but China and the EU. On the 25th of January, it was noted that China had overtaken Uncle Sam as the world’s leading nation for new foreign investment. Now statistics from […]