AUD/USD Unfazed by Ban on Australian Coal as Risk Appetite Improves
The improvement in risk appetite may keep AUD/USD afloat as the US Dollar reflects an inverse relationship with investor confidence.
Read More »How to Trade the Impact of Politics on Global Financial Markets
In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.
Read More »Euro Forecast: EUR/USD Outlook Bearish Near Term, Bullish Long Term
EUR/USD is no longer oversold after its bounce last week and an extension of its previous decline now seems likely short term. However, the outlook longer term is more positive.
Read More »Heikin-Ashi in Day Trading: What it is and How to Use it
Heikin-Ashi is an advanced chart used in the financial market. The term heikin means average in Japanese while ashi means pace. Subsequently, the chart means the average movements of prices….
Read More »Gold Price Outlook: Rising US Dollar Sinks XAU/USD, Will Losses Extend?
Anti-fiat gold prices suffered the worst week since August as the US Dollar gained ground. Will losses extend? All eyes turn to fiscal stimulus hopes and non-farm payrolls data.
Read More »Why did the stock market crash?
We were getting a lot of questions in regards to the market crash in the last three or four days, so we wanted to do a quick video explaining why…
Read More »EUR/USD Price Analysis: Euro defends big support
EUR/USD has bounced up from the lower end of a daily chart expanding sideways channel. The pair is currently trading largely unchanged on the day near
Read More »Australian July Unemployment Rate: 7.5% (vs. expected 7.8%)
Australian employment report for July Employment Change: 114.7K Unemployment Rate: 7.5% Full Time Employment Change: 43.5K Part Time Employment Change: 71.2K
Read More »RBA August Statement on Monetary Policy: Sees unemployment at 10% by end of year
The Reserve Bank of Australia is releasing the full detail of its updated forecasts in the August Statement on Monetary Policy. This follows Tuesday’s
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