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Forex

NFP and Forex: What is NFP and How to Trade It?

Posted by By 01/12/2020Posted inForex
Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.
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Gold Price Rebounds Ahead of July Low to Pull RSI Out of Oversold Zone

Posted by By 01/12/2020Posted inForex
The price of gold appears to have reversed course ahead of the July low ($1758), with the RSI reflecting a textbook buy signal as it recovers from oversold territory.
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GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Nov 24, 2020 09:00 GMT when GBP/JPY traded near 139.63.

Posted by By 01/12/2020Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bearish contrarian trading bias.
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US Dollar Selling Renewed, GBP/USD Shorts Unwinding – COT Report

Posted by By 01/12/2020Posted inForex
US Dollar shorts beginning to pick-up for the first time since September, while GBP/USD shorts unwind.
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USD/JPY Forecast: Yen Remains Robust with Bleak Dollar Outlook

Posted by By 01/12/2020Posted inForex
Will the dreary Dollar continue to weigh in favor of the Japanese Yen as we enter into the final month of 2020?
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Market Sentiment May Stay Positive Throughout December | Webinar

Posted by By 01/12/2020Posted inForex
Trader confidence has returned Tuesday after a down day Monday and may now stay strong for the rest of this month, which is often a positive one for risk sentiment.
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FTSE 100 Leads Gains in Europe, EUR/GBP Range Tightens as it Nears End of Triangle Pattern

Posted by By 01/12/2020Posted inForex
After a spectacular month of November equities start the last month of the year on a positive note
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British Pound (GBP) Latest: GBP/USD Rallying on Hopes of Brexit Trade Deal

Posted by By 01/12/2020Posted inForex
The rally in GBP/USD looks to be resuming after the pair’s slide late last week as hopes persist that a post-Brexit trade deal between the EU and the UK can…
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Bitcoin (BTC) Eyes $20,000+, Ripple (XRP) Consolidating Record Volatility

Posted by By 01/12/2020Posted inForex
The cryptocurrency bull run is on pause as coins consolidate their recent sharp gains, and the path of least resistance suggests further gains are likely
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Euro Outlook: EUR/USD Hitting Resistance, EUR/GBP Upside Faded

Posted by By 01/12/2020Posted inForex
Euro dips remain supported, while EUR/GBP rallies are likely to be faded. German labour market strengthens yet again.
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