Featured Brokers & Popular Posts

Forex News»

Opinions»

Euro-zone QE: How about buying Gold?

Euro-zone QE: How about buying Gold?

Apr 24, 2014 15:20
Here’s an idea: the European Central Bank could fight deflation by printing euros to buy gold from outside the euro-zone, thus weakening the exchange rate of euro....

Majors»

GBP/USD Outlook April 21-25

GBP/USD Outlook April 21-25

Apr 20, 2014 13:16
GBP/USD continued to climb against the US dollar last week. The pair posted modest gains, closing at 1.6782. This week’s highlight is Retail Sales. Here is an outlook...
  • USD/JPY Forecast Apr. 21-25
    USD/JPY Forecast Apr. 21-25
    The Japanese yen retreated as the US dollar enjoyed wide gains across the board. Will the pair make a meaningful...
    on Apr 20, 2014 12:19
  • EUR/USD Forecast Apr. 21-25
    EUR/USD Forecast Apr. 21-25
    EUR/USD fell lower on a Sunday gap and could never retake the previous levels. Will the attempts to talk down...
    on Apr 19, 2014 15:00
  • Forex Weekly Outlook Apr. 21-25
    Forex Weekly Outlook Apr. 21-25
    The pound and the dollar emerged as winners in a week that saw the euro and the yen retreat. US housing data, the...
    on Apr 18, 2014 18:12

Minors»

AUD/USD Forecast April 21-25

AUD/USD Forecast April 21-25

Apr 20, 2014 11:45
AUD/USD remains at high levels, but had an uneventful week, posting modest losses. The pair closed the week at 0.9329. This week’s schedule is light, highlighted by...
  • NZD/USD Forecast Apr. 21-25
    NZD/USD Forecast Apr. 21-25
    The New Zealand dollar corrected the big gains and closed lower after the disappointing CPI. Is it a change of...
    on Apr 20, 2014 11:40
  • USD/CAD Outlook April 21-25
    USD/CAD Outlook April 21-25
    For the second straight week the Canadian dollar showed little change, closing slightly above the 1.10 line. This...
    on Apr 20, 2014 10:22
  • AUD/USD Outlook April 17-21
    AUD/USD Outlook April 17-21
    AUD/USD continues to shine, posting gains of about a cent last week. The pair closed just below the 0.94 line. This...
    on Apr 13, 2014 14:46

Basics & Industry»

How to trade forex like Richard Donchian

How to trade forex like Richard Donchian

Apr 22, 2014 13:00
Richard Donchian was a commodities and futures trader who began his career on Wall Street in the 1930’s. It’s fair to say that Donchian was somewhat of a genius and trading...
  • MT4 on a Mac
    MT4 on a Mac
    If you’re a Forex trader and a Mac user then you might be limited when trying to find a broker with Mac compatible...
    on Apr 15, 2014 16:12
  • How to trade forex like Richard Dennis
    How to trade forex like Richard Dennis
    Richard Dennis is a famous commodities trader from the 1970’s. He is famous for setting up a pioneering team...
    on Apr 15, 2014 13:00
  • Taking Advise When Trading Forex
    Taking Advise When Trading Forex
    ‘Forex Trading is easy’, so the many websites would have us believe, but if it was, wouldn’t...
    on Apr 10, 2014 13:43

Recent Articles

Forex Analysis: AUD/USD Pulls Back within Bullish Trend

Forex Analysis: AUD/USD Pulls Back within Bullish Trend

April 24, 2014 – AUD/USD (daily chart) has pulled back within the tentative uptrend that extends back to January’s long-term low of 0.8659. This new bullish trend has been highlighted by an inverted head-and-shoulders reversal pattern that has marked the potential bottoming-out of the downtrend that has been securely in place since the 1.0600-area highs

Euro-zone QE: How about buying Gold?

Euro-zone QE: How about buying Gold?

Here’s an idea: the European Central Bank could fight deflation by printing euros to buy gold from outside the euro-zone, thus weakening the exchange rate of euro. In turn, exports will become more attractive and import prices will rise, boosting growth and inflation.  Sounds like a crazy idea? It certainly is in the realm of unconventional

The IMF prepares a $17bn loan package to Ukraine

The IMF prepares a $17bn loan package to Ukraine

North American equities snapped their six-day winning streak yesterday, with the S&P shaving off 0.22% from its valuation, while safe-haven’s like the Japanese Yen gained strength.  Soft macro-economic data out of the US acted as the catalyst for investors to eye some profit-taking opportunities, as New Home Sales in the US over the month of March

Forex traders need to stay aware of policy makers’ motives

Forex traders need to stay aware of policy makers’ motives

Since the financial crisis the global economy has been gripped by near constant volatility, uncertainty, complexity and ambiguity leading to an almost permanent interventionist stance by central bankers. This has created difficult markets for some forex traders. And those interventions have been dramatic. There’s been the quantitative easing programmes of the US Federal Reserve, the

US jobless claims jump to 329K but durable goods orders jump as well

US jobless claims jump to 329K but durable goods orders jump as well

Good and bad news from the US: durable goods orders rose by 2.6% and core orders by 2%. The rise in the core figure is a big positive surprise. However, weekly jobless claims jumped to 329K. At least continuing claims fell to 2.68 million. US weekly jobless claims were expected to stand at 310K. They stood

EUR/USD April 24 – Limited Gains As German Business Confidence Improves

EUR/USD April 24 – Limited Gains As German Business Confidence Improves

EUR/USD continues to point upwards, as the pair trades in the low-1.38 range on Thursday. German Ifo Business Climate rose in March and beat the forecast. Later in the day, ECB President Mario Draghi will deliver remarks at an event in Amsterdam. In the US, there are two key releases on Thursday - Unemployment Claims and Core Durable Goods Orders. Here is a

Draghi drags euro down again with exchange remark, but markets need action, not words

Draghi drags euro down again with exchange remark, but markets need action, not words

Once again, Draghi said that the exchange rate of the currency is an increasingly important factor in policy. He also says that the interest rate corridor could be tightened. the president of the ECB also says that any worsening of the inflation outlook could lead to QE. EUR/USD is lower but after the initial slide, it is recovering.

GBP/USD: Trading The British Retail Sales

GBP/USD: Trading The British Retail Sales

British Retail Sales is considered one of the most important indicators of consumer spending. The indicator’s release in the first week of each month provides analysts and traders with an early look at consumer spending. A reading that is higher than the market forecast is bullish for the British pound. Here are all the details, and 5 possible

RBNZ more uncomfortable  with kiwi strength

RBNZ more uncomfortable with kiwi strength

In a world of low FX volatility on the majors, the interesting move through this week has been Aussie/Kiwi, with a further reversal seen overnight on the back of the latest rate decision and statement from the RBNZ. The move higher in the key rate to 3% was largely expected; the relatively hawkish tone to

German IFO Business Climate beats expectations – EUR/USD rises

German IFO Business Climate beats expectations – EUR/USD rises

The German IFO business climate rose to 111.2 points. The “expectations” component advanced to 107.3 points. Only the “Current Assessment” figure disappointed with a minor rise to 115.3 points. German Business climate was predicted to tick down from 110.7 to 110.5 in April. The “Current Assessment” component carried expectations for a rise from 115.2 to 115.7