EUR/USD Pair Technical Analysis: Stuck Below 1.1800
The EUR/USD pair does not seem to go above the level of 1.1800 and on early Wednesday in Asia, it sank to a new weekly low near 1.1740 as the US Dollar caught some strength. What’s odd is that this happened even though the FOMC Minutes still point to more rate cuts ahead. Right now, […]
Dollar Index Gets a Lift as Fed Hints at Slowing Down
The US Dollar Index (DXY) inched up on Wednesday, hanging out near 98.50 as traders digested the latest word from the Fed. During Asian hours, the dollar kept climbing for a second day—people are jumping back in after Fed officials signalled they want to take things slow on further easing. The minutes from December’s meeting […]
Day Trading Forex for Beginners: Top Strategies Explained
Day trading often looks thrilling from the outside. Fast charts, quick decisions, and the idea of closing trades the same day sound exciting. For many newcomers, the forex market adds another layer of attraction because it stays active almost all the time. Prices move constantly, opportunities appear frequently, and access feels easy. However, without understanding […]
Silver Prices Rebound Toward $73.50 as Safe-Haven Demand Strengthens
Silver prices claw their way back to $73.50 an ounce on Tuesday, shaking off a bruising 7% drop after Monday’s wild ride to a record $85.87. What happened? Traders took profits—who wouldn’t after a run like that?—and the CME Group hiked margin requirements on silver futures. That move squeezed out some of the more aggressive […]
The Australian Dollar Near a 14-month High as the RBA Maintains Its Hawkish Tone
The Australian Dollar kept its gains and momentum against the U.S. Dollar on Monday, hitting a 14-month high at 0.6727. Following the release of the Reserve Bank of Australia’s minutes from its December meeting, this rally began. The message was very clear: if inflation doesn’t decline, the RBA is prepared to raise rates once more […]
Stock Futures Little Changed After Back-to-Back S&P 500 Losses
Stock futures barely budged early Tuesday, and honestly, you could feel the tension in the air after the S&P 500 closed out two straight days in the red. Futures on the S&P 500 merely hovered. Nasdaq 100 futures fell 0.1%, while the Dow barely moved up 3 points. Thus, a lot of anxiety but little […]
BoJ Summary of Opinions: Policy Rate Still Far Below Neutral After Hike
BoJ – The Bank of Japan – just published its Summary of Opinions from the December policy meeting, giving everyone a better sense of how officials are thinking about Japan’s interest rates right now. Even after the recent policy tweak, most members agreed in the BoJ Summary of Opinions that rates are still nowhere near […]
Gold prices slip as traders cash out after record highs
Gold prices cooled off a bit in Asia on Monday. After smashing through another all-time high near $4,550, traders decided to pocket some profits. Not a huge surprise, honestly—everyone wants to lock in gains after a run like that. Plus, the market felt thin with the holidays, and the US dollar got a little stronger, […]
Australian Dollar Nears 14-Month High on Increased Rate-Hike Talk
On December 29, the Australian dollar rallied, with the AUD/USD pair hitting a 14-month high of 0.6727. What causes the jump? Markets are now betting more than ever that the Reserve Bank of Australia will need to raise interest rates in early 2026. It’s just that Australia’s inflation isn’t coming down, and traders think its […]
Online FX Trading: Everything You Should Know Before Trading
If you are considering online FX trading, you likely want additional income or financial freedom. But you are also afraid of losing money quickly. So many novice forex traders go in with a sense of excitement, only to find out how volatile currency prices are. They try to copy signals. Moreover, they take emotional trades. Also, […]
Gold Prices Come Down From Record Highs Because of the Christmas Holiday
Gold prices edged lower on Tuesday as traders booked profits amid low holiday trading volume. Most major markets closed for Christmas on the 25th, so there was little action. After touching a new record of nearly $4,526, gold dropped back to about $4,470. Still, it’s up almost 3% this week. The trend’s strong—just a little pause […]
USD/CAD Holds Near Five-Month Lows as BoC–Fed Policy Gap Lifts Loonie
Forex markets were closed on December 25, and the USD/CAD ratio hardly changed from its five-month low on December 24. Markets were quiet due to holiday trading, and by December 25, when most major exchanges were closed, the pair was at its lowest level since late July, hovering around 1.3675. Due to differing interest rate […]
EUR/USD Keeps Above 1.1800 As It Retraces From Three-Month Peak
EUR/USD remains in a holding pattern—likely to continue. For the most part, the EUR/USD has wasted the recovery effort since bottoming at 1.1168 (three-month low) by inching closer to 1.1808 last week but so far failing short of reaching that high again for a second day. But narrow that gap, buyers have not let off the […]
Gold Prices Fall After Hitting Record Highs On Traders’ Profit Taking
Gold prices eased marginally during Asian trade on Wednesday. The rally sputtered after traders took some profits after hitting a fresh high of $4,526. That move lined up with surprisingly strong US economic numbers—data out Tuesday showed the economy grew at a 4.3% annual pace last quarter, beating forecasts. For reference, markets expected 3.3%, and the previous […]
Japanese Yen Slips Slightly From Weekly High; Upward Bias Remains
On Wednesday, the Yen saw a slight decline in value relative to the US dollar, immediately following its peak this week. Still, the overall mood around the Yen is pretty strong. Lately, it’s found steady support as the Dollar lost ground and investors hunted for safe places to park their money. With global tensions running […]
US Stock Futures Steady After a Strong Start to the Week
US stock futures barely moved on Tuesday. After Monday’s rally, it looks like investors just needed a breather. Dow Jones futures ticked up less than 0.01%. S&P 500 and Nasdaq 100 inched a bit higher, up 0.03% and 0.1%. Not much action, really, but that’s pretty typical after a strong start to a holiday-shortened week. […]
Silver Price Forecast: XAG/USD Near $70.00 on Safe-Haven Demand
Silver raced toward $70.00 — a new record high—before slipping just short of that level during Tuesday’s Asian session. Investors rushed into silver as a safe-haven asset amid rising global tensions. It was expected, given that headline news was dominated by uncertainty between the US and Venezuela, while ongoing attacks on energy infrastructure in Eastern […]
AUD/JPY Technical Analysis: Softens below 104.00 but Uptrend Remains Firm
AUD/JPY tried to push higher early in the European session but ran out of steam just before hitting 104.00. After bouncing from the ¥101 area, the pair hit some resistance that kept it in check. Most of that weakness came after Japanese officials surprised the market by warning they might step in if the Yen […]