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Bollinger Bands® can provide invaluable signals for technical traders, and when combined with the Moving Average Convergence Divergence (MACD) indicator, gives traders insight into both volatility...

The impact from Trump tariffs and deteriorating US China trade relations in addition to several other downside risks to global GDP growth have sent crude oil on a 16.5 percent nosedive over the month...

What is a spread in forex trading?

Every market has a spread and so does forex. A spread is simply defined as the price difference between where a trader may purchase or sell an underlying asset....

In the U.S., market participants focus the majority of their attention on three indices – S&P 500, Dow Jones Industrial Average, and Nasdaq 100. These indices are of course highly correlated to one...

Support and resistance is key for setting stops. For the trader that wants to buy, they likely don’t want to sit in the trade as prices are driving down to fresh lows. And on the other side, the...

The USD/CAD is trading higher this morning as the US Dollar strengthens ahead of tomorrow’s FOMC rate decision. Expectations are set to see key rates to rise to 0.75%, and traders will also be...

Gold Prices have dipped as the US Dollar gains strength ahead of this morning’s USD ISM Manufacturing data. Expectations for today’s event are set at 56.2, and as a high importance event its release...

Gold prices continue to fall this afternoon, ahead of today’s U.S presidential election. From yesterday’s high of $1,304.20, the metal has now declined as much as $31.16 over the fits two trading...

The EUR/USD is beginning to pair losses after closing lower for 3 consecutive sessions and declining as much as 219 pips for the week. The current daily low for the EUR/SUD resides at 1.0985, but...

FXCM and DailyFX are happy to announce the winners of Julys $10,000 Monthly Challenge! July’s $10,000 contest wrapped up with K.I. from Kapolei Hawaii taking first prize with an astounding 865%...

WTI Crude Oil prices are currently set to close higher for the third consecutive trading session. This bounce in price occurred immediately after Crude Oil traded to a new monthly low last week at a...

-Dow Jones Industrial Average (DJIA) trades lower on a more hawkish Fed
-DJIA current corrective pattern likely to eat up more time on sideways to lower trading
-Dow Jones Sentiment suggest...

EUR/USD 30 Minute

19696

The EUR/USD has started Mondays trading, moving inside of a 44 pip trading range. In early morning, trading prices have initially bounced off support, which is found at...

19056

"Gold prices dropped from $1227 on Friday to $1202 per ounce on Monday which was slightly above the top end of the $1190 price zone. Could it be possible Monday’s price action was the...

Talking Points
-3 different wave counts suggest a bounce of at least 150 pips
-A break below 1.0800 likely accelerates to below 1.05
-Look for short opportunities below 1.0800 or bounces to...

Talking Points:

The FX Focus is Currently on Greece
USDJPY direction is Important for Global Risk Sentiment
JPY is Strengthening Already

Forex trader’s eyes have been on the EURUSD over...

Talking Points


The USDJPY opens in a 39 pip range
Price bounced from the S3 pivot at 118.85
A break above 119.39 would signal a bullish reversal

USDJPY 30 Minute Chart...

Talking Points:


ADX can pinpoint strong currency trends
RSI can be used to enter with market momentum
Risk Management can use previous market highs and lows

ADX 50 trend trading...

Talking Points:
-What Do Triangles Mean?
-When Do Triangle Corrections Occur?
-How to Trade the Following Breakout

Have you ever felt like the market has no idea what it wants or where it wants...

Talking Points


EURGBP Opens in a 61 Pip Range
Range Resistance Sits at .8042
Range Reversals Triggered Under .7950

EURGBP 2 Hour Chart...

Talking Points


EURUSD Retraces in a Downtrend
Range Resistance Holds at 1.2560
Range Reversals Triggered Under 1.2416

EURUSD 30min Chart...

Summary:
FXCM is changing the spread and commission structure offered to clients; and this article is designed to walk you through those changes. For more details, please read the sections below...

Talking Points:


AUD/USD short trade from last week triggered
Sentiment still giving bearish signals
Downtrend could continue towards 0.8700

AUD/USD Support Broken - Bearish

The...

Talking Points


NZDUSD is Current Range Bound
R3 Support Sits at .8295
Market Breakouts Signaled Under .8274

NZDUSD 30min Chart...

Talking Points


CADJPY Breaks Above R4 Pivot
R3 Resistance Sits at 96.36
Market Reversals Signaled Under 95.91

CADJPY 30min Chart
...