Major economic data has the potential to drastically move the forex market. It is this very movement, or volatility, that most newer traders seek when learning how to trade forex news. This article...
‘Buy the rumor, sell the fact’ is not just trader lingo but is rooted in human psychology and presents itself repeatedly in financial markets. Understanding why traders and investors pile into a particular...
- Reviewed by James Stanley, Nov. 24, 2021Forex analysis techniques talking points:There are three general types of forex analysis traders use to anticipate market movements and analyse trends. Traders tend to use one...
US Crude (WTI) Oil AnalysisLower oil stocks and Biden’s SPR confirmation sees a lift in oil pricesWTI crude oil key technical considerations ahead of OPEC+ production cutIG client sentiment reveals a mixed outlook...
Euro, Eurozone CPI News and AnalysisEurozone CPI Final (Sep) 9.9% vs 10% exp, month on month inflation in line at 1.2%. Core inflation as expected at 4.8%EUR/USD little changed, EU Stocks edge slightly...
Pound Sterling (GBP) News and AnalysisPM Truss apologizes for “mistakes” as the new finance minister reverses former mini budget itemsCable is far off its recent low but political uncertainty limits upside potential. Resistance...