Trading Strategies – Forex Trading News And Course

S&P 500 Challenges Major Resistance as RSI Nears Overbought Zone, Fed Looms

June 9, 2023

The S&P 500 is approaching a technical resistance zone while the RSI indicator is starting to flirt with overbought territory, two developments that could set …

Sentiment

EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since May 11, 2023 when EUR/USD traded near 1.09.

June 9, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading …

Sentiment

AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since May 09, 2023 when AUD/USD traded near 0.68.

June 9, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading …

Analyst Picks

Short EUR/GBP: Euro Fundamentals Deteriorate Ahead of Central Bank Decisions

June 8, 2023

Revised GDP data for both Q1 and Q4 ’22 data confirmed a euro zone recession while inflation heads in the right direction – music to …

Education

Cryptocurrencies under renewed pressure

June 8, 2023

Market picture The cryptocurrency market capitalisation fell 1.8% to $1.1 trillion over the last 24 hours as risky assets lost traction, dragging the Nasdaq lower. …

Education

Blockchain Pioneer Acquires International Fashion House Blk DNM

June 8, 2023

Stockholm’s headquartered blockchain technology company ChromaWay today reveals its acquisition of the iconic Swedish-American fashion brand BLK DNM. The acquisition aligned with the recent relaunch …

Trading Strategies

Gold Price Setup: Can Stretched Long Positioning in XAU/USD Trump Technicals?

June 8, 2023

Gold is at a critical juncture – stretched retail traders’ long positioning poses downside risks to XAU/USD. However, if the past is any guide, the …

Education

WOW EARN Secures $30 Million in Series A Funding Round to Advance Decentralized Mining

June 7, 2023

Breaking barriers in the decentralized cryptocurrency mining sector, WOW EARN announced today the successful closure of its Series A financing round, amassing an impressive $30 …

Trading Strategies

US Dollar Outlook: EUR/USD, GBP/USD May Fall as Retail Traders Boost Upside Bets

June 6, 2023

The US Dollar has been rising against the Euro and British Pound. Retail traders responded by increasing EUR/USD and GBP/USD upside exposure. Is this a …

Analyst Picks

Price Action Setups for GBP/AUD Following RBA Rate Hike

June 6, 2023

RBA surprised with another 25bps hike this morning pushing GBP/AUD toward a key support level. Are we in for a break or bounce?

Education

Unveiling iFX EXPO Asia, the Financial Industry’s Premier Event in Bangkok

June 6, 2023

In this exclusive interview, we have the privilege of speaking with Andreea Ilies, the Global Head of Events at XS.com, the Official Global Partner Sponsor …