Fri, Aug 23, 2019 @ 18:04 GMT

Dollar Softer as Fed Powell Points to New Events, But No...

Dollar weakens mildly after the rather uninspiring speech of Fed Chair Jerome Powell. The highly anticipated is slightly on the dovish side as Powell...

USD/JPY Mid-Day Outlook

USD/CHF Mid-Day Outlook

GBP/USD Mid-Day Outlook

EUR/USD Mid-Day Outlook

GBP/JPY Daily Outlook

EUR/JPY Daily Outlook

Can Monetary and Fiscal Stimulus Save the Global Economy from Trump’s Trade War?

Stock markets around the world have rebounded this week as talk of stimulus in China and Germany has given rise to hopes that pre-emptive...

China Weekly Letter: Retaliation is Not Over Yet

China retaliated against Trump's tariff hikes on Friday. While countermeasures were expected, it was a reminder that the trade war is alive and...

Trump Steals Powell’s Thunder after Jackson Hole

Fed Chairman delivered his much anticipate speech at the Jackson Hole Symposium earlier this morning. Here is the key comment which summaries his speech: “…...

Week ahead – Politics Continues to Dominate

Trade war dominates as China retaliates The next week was likely to be rather quiet and then China announced new retaliatory tariffs against the US. There...

Can Monetary and Fiscal Stimulus Save the Global Economy from Trump’s Trade War?

Stock markets around the world have rebounded this week as talk of stimulus in China and Germany has given rise to hopes that pre-emptive...

China Weekly Letter: Retaliation is Not Over Yet

China retaliated against Trump's tariff hikes on Friday. While countermeasures were expected, it was a reminder that the trade war is alive and...

Trump Steals Powell’s Thunder after Jackson Hole

Fed Chairman delivered his much anticipate speech at the Jackson Hole Symposium earlier this morning. Here is the key comment which summaries his speech: “…...

Week ahead – Politics Continues to Dominate

Trade war dominates as China retaliates The next week was likely to be rather quiet and then China announced new retaliatory tariffs against the US. There...

MARKET WRAP: Trade War Concerns Pushed Stocks Lower

*China is back with vengeance *The biggest fear for markets is now is the counter reaction from Donald Trump *Gold price surged above the...

Week Ahead – Economic Data and G7 Summit Highlight a Calm Week

There isn’t much on the calendar next week other than economic data, so it may be a relatively calm period as a turbulent summer...

Weekly Focus: On the Lookout for a Recession

Market movers ahead In the euro area, we are due to get the last inflation input before the ECB meeting in September, setting the...

Sunset Market Commentary

Markets: Market trading was extremely muted in the run-up to Fed Chair Powell’s speech in Jackson Hole until the Chinese Ministry of Finance unexpectedly retaliated...

Powell’s Jackson Hole Moment, China Strikes Back, G7 Expectations, Oil Slides and Gold Shines

Fed Chair Powell did not deliver a memorable moment like Ben Bernanke did when he announced additional QE efforts.  Powell refrained from promising more...

NZDCHF Moves Sideways after Falling to Nearly 4-Year Lows

NZDCHF bulls denied further downside momentum on August 13 pushing the price back up to 0.6313, which is the 23.6% Fibonacci retracement level of...
- Advertisment -
- Advertisment -

Can Monetary and Fiscal Stimulus Save the Global Economy from Trump’s Trade War?

Stock markets around the world have rebounded this week as talk of stimulus in China and Germany has given rise to hopes that pre-emptive...

Trade War, Not Protests, is Key Reason For Slowdown. USDHKD Peg Not at Risk

Ongoing massive protests in Hong Kong against extradition to China have raised concerns about a rapid deterioration in the city’s economy and, more importantly,...

RBA: 50bps in Cuts Look Assured But Global Factors May Require More Stimulus

The minutes of the Reserve Bank Board meeting for August provided one significant surprise. In the Governor's decision statement following the meeting on August 6,...

Will German Fiscal Stimulus Be Too Little, Too Late?

The euro area is on the brink of yet another crisis, with Germany likely to enter a technical recession soon, as the export-heavy economy...

01 – Fundamental Analysis Overview

As you have already read, Fundamental analysis is studying the economic fundamentals of a currency, country, or economy. Economic fundamentals really is a very...

01 – Support and Resistance

For the bushy-tailed and bright-eyed newcomer, technical analysis of the Forex market often becomes an obsession. I know for me it was. Although you will learn...

00 – Trading Psychology 101

Now that you've studied the basics of technical and fundamental analysis, as well as the importance of proper risk management techniques, it's about time...

00 – Risk Management 101

In forex trading, there are several factors that you can't really control. While you can be able to make predictions based on fundamental analysis...

00 – A Beginner’s Guide to Fundamental Analysis

What is Fundamental Analysis? Fundamental analysis mostly refers to the use of economic data to predict forex price movements. While technical analysis focuses on historical...

00 – A Beginner’s Guide to Technical Analysis

Technical analysis refers to the study of past price action as a guide in forecasting future price movements. This involves looking at candlestick formations,...

01 – How to Start Trading in 4 Easy Steps

1. Register with OctaFX by opening an account Having an account allows you to access your personal area on our website and to trade...

01 – How Does Forex Work?

How Does Forex Work? Forex trading is the simultaneous buying of one currency and selling of another These two currencies make up what is...

The Trader’s Guide to Eurodollar

What is Eurodollar? Quite simply, eurodollar (also known as EURUSD), is the exchange rate between the currencies of the world's two largest economies when measured...

Can I Leave Orders Open over Weekends?

Friday is the end of the working week for traders as well. Ahead is the weekend and rest, after which again Monday comes, and...

What is Price Action in Forex Trading?

Looking at a candlestick, bar or a line chart for the very first time is both captivating yet confusing. The typical response we hear from newer traders is that it reminds them of a hospital's heart monitor. While this medical appliance is designed to monitor the fluctuations of a heart, the chart is there to record a security's price.

Trading the Dollar With USDX

The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract...

Five Ways to Earn Additional Income Trading Forex

Many people turn to forex trading in hopes of growing their account equity. This dream is made possible by the fact that with leverage and low deposit requirements, just about anyone with a disposable income can deposit funds and can start trading forex. .

How Long Will it Take Before I Can Expect Consistency?

We understand that this is a perfectly natural question, especially for newer traders. Unfortunately, it is difficult to answer. To a degree, we believe it depends on the person who is doing the asking. With that in mind, let's have a look at some of the key points relating to this subject…

How To Bounce Back From Trading Losses: 5 Lessons Learned

Trading is an interesting profession and has no peak as in other occupations. It is in fact an endless journey of discovery of oneself and trading itself. Trading for me at beginning was very tough not that I was not successful in other endeavours but i took it like every beginner thinking that it was easy. With this perception, i approached trading without a plan or proper trading education on how the market works. What do you expect? Your guess is as good as mind. It was a total disaster after taking many losses; i was almost psychologically blown a way. At this stage, two important things happened to me, my P&L was in the red and i was down emotionally.

Thinking in Probabilities

Did you know that you do not have to be right each time you interact with the market? Heck, you don't even need to be correct 50% of the time to bank a profit in this business! Once one has mastered a setup with an edge, trading should, to a point, be no more than a repetitive chore. However, because of our natural tendency to always want to be correct, we make trading difficult.

What Snipers Can Teach You about Trading

A military sniper's edge is not only crucial, it's also extremely extensive! Determining distance, selecting camouflage, preparing a suitable location, making sure that the rifle is well-sighted, having the correct mindset and showing patience are just some of the components that help form a sniper's edge in the field. Without it, there could potentially be fatal consequences. Fortunately, for us civilians we don't have to deal with the stresses of conflict. What we can do from here, however, is apply some of these elements a sniper uses to form a complete trading edge. What we mean by 'complete' is simply an edge which has all the necessary components to achieve consistency in the market.

Strive for Excellence by Strengthening These 5 Skills When Trading

To become a successful forex trader, you should develop five crucial skills. Do you know what skills all successful forex traders have in common?...

The Secret Behind Bearish Trend Reversals

Trader's looking to enter the market are often sent off on a journey to discover the 'holy grail' of market entries. They study numerous theories; Japanese candlestick reversals, contrarian theory, oscillator divergence, wave theory, and others. Traders who are just starting out, put their trust in indicators and oscillators and rely on them make the decisions on when to place an order - and the more indicators/oscillators they discover, the more they add into their strategy.

Forex Algorithmic Trading

Algorithmic trading is trading using so-called robots or advisers, mathematical algorithms that can predict the behaviour of a currency pair with high accuracy. Today...

Understanding Pivot Points

Pivot points are extremely popular with traders, they are used to spot direction, probable reversal points and potential support and resistance levels. It's a well-known tool that is of particular interest to novice traders, due to the simplicity of the mathematical formulas it incorporates.

Breakout Trading: Methods & Tactics To Improve Your Chances of Success

What is Breakout Trading? Breakout trading is simply where we look to capture an expansion in price as it moves beyond either a defined high...

Forex Price Action Techniques -Trading the Doji Candlestick

Forex price action, as one might have guessed now is a rather broad term and is, in fact, an umbrella term with various approaches...