Fibonacci Confluence on FX Pairs
Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight
How to Read a Candlestick Chart
Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.
Euro Forecast: EUR/USD to Weaken if ECB Increases Bond Buying
This Thursday’s meeting of ECB policymakers is live; there will be no major changes to Eurozone monetary policy but it could be tweaked in response to rising sovereign bond yields.
DailyFX Forex Trading Course Walkthrough: Part Ten
It's our final installment but the journey is just beginning. A trader's education continues throughout their career and items like psychology become increasingly important.
DailyFX Forex Trading Course Walkthrough: Part Nine
In this installment we begin to discuss the topic of strategy with a simple yet utilitarian indicator moving average divergence convergence (MACD) to help with identifying potential market opportun…
DailyFX Forex Trading Course Walkthrough: Part Eight
Indicators can be helpful but they can also be dangerous if relied upon too heavily because, after all, they're only simple indications based on the past.
Gold Price Outlook Remains Mired by Broader Recovery in US Yields
The recovery in longer-dated US Treasury yields may keep gold prices under pressure as the Federal Reserve appears to be in no rush to alter the path for monetary policy.
DailyFX Forex Trading Course Walkthrough: Part Seven
We introduced charts in our series but there's a lot that goes into technical analysis. In this installment, we attempt to condense it down to the lowest common denominator.
DailyFX Forex Trading Course Walkthrough: Part Six
Technical analysis is a popular field of study in FX markets even though it is simply an examination of the past.