The Best and Worst Performing Currency Pairs in September 2022
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As of two days ago, we were confident this list would be dominated by the pound, given the crazy fall that occurred. However,…
Forex News
Cable’s Price Crash Leads The Way As Forex Markets Test New Levels
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GBPUSD hits low price levels not seen for decades as budgetary fears spark a run on the pound Key technical indicators which were…
Breaking Down The Fed’s Guidance To Get A View Of The Next Currency Moves
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Fed’s 75 basis point rate hike was in line with market expectations and provided momentary hope for bullish investors Whipsawing price action ultimately…
What Next After US Inflation Data Supports Long-Term Upwards Dollar Trend?
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Red-hot US inflation report signals more hawkish moves by the US Fed Key support / resistance levels trigger price retracements US Dollar Basket…
Trading Ideas as GBP Hits 37-Year Low
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GBPUSD hits price levels not seen since 1985 Obvious price targets on short cable strategies have been hit and could lead to a…
EURUSD Price Forecast For September 2022
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The long-term prospects of EURUSD remain weak, but market noise could bring about a short-term bounce. Monthly RSI is below 30 but sell…
The Best and Worst Performing Currency Pairs in August 2022
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August was another month in which the US dollar rallied, making significant gains against some of the other significant currencies. Another theme that…
Short Term Scalping Strategies For Trading Eurodollar Parity
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EURUSD trades at parity for the second time in two months Short-term scalping opportunities present themselves around the key 1.000 price level Medium-term…
Deciphering Cable’s Contrarian Reaction To Major News
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UK inflation breaks into double-digits – CPI 10.1% Fed minutes reveal ‘hawkish’ mood remains GBPUSD price moves form a contrarian pattern Two big…
Weaker US Inflation Data Changes the Outlook for Major Forex Pairs
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US reports CPI of 8.5%, lower than the forecasted 8.7% GBPUSD and EURUSD both broke out of long-term patterns Weaker energy prices are…
Take Profits On GBPUSD Trades As BoE Prepares To Hike Interest Rates
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According to analyst forecasts, Andrew Bailey, Governor of the Bank of England, is about to announce the largest interest rate hike since 1995….
The Best and Worst Performing Currency Pairs in July 2022
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July was another volatile month, with the EURUSD falling below parity, hitting a low of 0.9952, according to our chart. It was a…
New Technical Price Levels Form After Second 75bp Fed Hike
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In line with the majority of analyst expectations, the US Federal Reserve hiked interest rates by 75 basis points on Wednesday. Marking a…
Now’s The Time To Get Ready For The Fed’s Next Rate Announcement
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Recent moves in the forex markets confirm it’s the time of the month when all eyes turn to the US Federal Reserve, which…
How To Trade Euro-Dollar as it Nears Parity
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Euro-dollar looks set to take centre stage in the forex markets for the foreseeable future as a range of factors combines to provide…
We at Forextraders agree that less is more in this preparation process for each week’s trading action. Our News Page is designed to give you the bare essentials with narratives on the following three categories:
- Forecasts for the Upcoming Week: Presents a calendar of economic events, fundamental and technical information of note, and forecasted support and resistance levels for major currency pairs;
- Commentary on Short-Term Trends: Occasional alerts are given as to major market moves or developing trends, supplemented with technical charts and commentary that support the observed actions taking place;
- Commentary on General Market Forces at Work: Occasional reports summarize the current thinking of the community of analysts as to the major forces or concerns that are shaping long and short-termed market trends.
We welcome your usage of our news reporting and commentary, and we welcome your comments on any of the materials that appear within this and subsequent pages. Find what works for you, and remember – To be forewarned is to be forearmed!
 Between 74-89% of CFD traders lose
Between 74-89 % of retail investor accounts lose money when trading CFDs
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