Trading Forex at the News Release
Learn how to trade forex news at the release with our top news trading strategies
Euro Forecast: USD Controlling EUR/USD Price Action Dismissive of Positive EZ Data
EUR/USD is under pressure as it preps for tomorrow’s Fed rate decision.
USD/JPY Breaks Key Downtrend Line But Bulls Have Work to Do
USD/JPY is stuck on Fed-Watch but whether its recent gains can be consolidated is a big question
AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Jan 20, 2023 when AUD/USD traded near 0.70.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bearish contrarian trading bias.
Gold Slides Through Support as US Bond Yields Nudge Higher Ahead of the FOMC
US Treasury yields are inching higher ahead of Wednesday’s FOMC rate decision and this is weighing on the price of gold
GBP/USD Retreats as the Fed and BoE Hog the Limelight
GBP/USD struggled to hold above the 1.24000 level as the DXY found some buyers ahead of the FOMC meeting. Could the central banks inspire a breakout after 10 days of…
ASX 200 and KOSPI Technical Outlook: Kospi to Catch Up?
The ASX 200 index appears to have scope to rise further, albeit after a brief pause. The odds are rising that the South Korean benchmark index, KOSPI, could finally break…
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY
From a technical standpoint, the US Dollar might be readying to extend gains against its major peers. Where to for EUR/USD, GBP/USD, AUD/USD and USD/JPY?
Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?
The Euro has backed away from last week’s peak against the US Dollar in anticipation of further tightening from the Federal Reserve tomorrow. Where to for EUR/USD?
Japanese Yen Technical Outlook: Looking for Cues from the Fed
The Japanese yen’s rally against the US dollar appears to have stalled in recent days as the market looks for further cues from the upcoming US Federal Reserve Open Market…