DXY Dollar index plunges below 20-SMA after the US CPI. Fundamentally, further losses are on the cards as Fed's stance on tapering and rate hikes is mixed. The technical view is still neutral to bullish despite a big fall. The DXY Dollar Index outlook found aggressive selling on Wednesday after the US CPI figures were […]

Introduction to the RSI MA Indicator Momentum reversals are telltale signs of a possible trend reversal. This is why many traders look for momentum reversal indications as a trade confirmation. The RSI MA Indicator is a tool that traders could look into as a momentum reversal signal indicator. What is the RSI MA Indicator? The […]

Forex broker news latest - Integral, a FX technology provider, today announced today that UAE-based retail brokerage GoDoFX has selected Integral MarginFX to support the growth of its FX and CFD business. GoDoFX was founded earlier this year by industry veterans in the UAE forex market. The group takes a client-first approach and aims to […]

There are many ways to trade the forex market. Some traders make use of fundamental analysis while others prefer technical analysis. Many technical chartists prefer to use price action on naked charts while others prefer an algorithmic type of strategy using technical indicators. Some traders prefer day trading while others swear on swing trading. Any […]

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The USD is mixed ahead of the key CPI data at the bottom of the hour The JPY is the strongest and the GBP is the weakest as NA trader enter for the day. The USD is mixed with gains vs the EUR, GBP and CHF and declines vs the CAD, AUD and NZD. Once […]