The GBP is trading at a 6-month low against the USD and the EUR following the Bank of England’s decision to hold interest rates steady at 5.25% on Tuesday, 26th September.

The Head and Shoulders Pattern is a multi-candlestick pattern that helps traders identify potential breakouts. One of the most reliable chart patterns, it has an 85% accuracy rate. Learn more about this chart pattern and improve your trading analysis.

In the world of forex trading and other types of investment, brokers typically earn money in one of two ways: through spreads and commissions. In this video, Alison discusses what spreads are, how they affect profitability, and the benefits of trading with a broker with low spreads.

Geopolitical consequences aside, the extension of the cuts raises questions for central banks in their efforts to tackle inflation, the US Federal Reserve in particular.

Invariably, all Forex traders aspire to become rich. However, only a handful of traders succeed in their endeavour. Similar to any other profession, dedication and discipline are a must to prosper by trading in the currency market.

The cryptocurrency industry has rolled from crisis to crisis for almost a year now. With multiple pivotal events approaching that will define the future of the asset class, what could be in store for the market?

Leverage is a powerful trading tool that allows traders to borrow money from their brokers to open large position sizes with a small amount of capital.

In this video, we cover how to calculate your risk-reward ratio, provide plenty of examples of how risk and reward can inform your trades, and how to determine the right risk-reward ratio for your trading style.

Robust US data has made it difficult for the EUR/USD to recover. Having tested the 1.0900 psychological support handle and dropped below it, it looks like it will now test new support around the 1.08500 level.

Gold price appears to have reached a new monthly low of $1,916 and seems prone to further declines. Having consistently stayed beneath both the 20 (yellow) and 50-day (purple) Exponential Moving Averages (EMAs), gold is now trending towards the 200-day EMA (pink) set at $1,904.00.

The 200-day MA is one of the most important technical indicators used to analyse and identify long-term trends. It's a line that represents the average closing price for the last 200 days and can be applied to any financial instrument. 

In a surprise aftermarket move on Tuesday, August 1st 2023, Fitch – one of the major debt rating agencies – downgraded US government debt to AA+ from AAA. There is precedent here, with S&P downgrading US debt to AA+ in 2011, a rating that has remained unchanged ever since.

Financial markets are extremely complex and trading successfully requires a lot of practice. Luckily, this is what demo accounts are made for - so don't miss out on this informative video that helps you get started with a demo account.

What are the top 3 mistakes Forex traders make? How can you reduce your losses? Alison will take you through the most common pitfalls in this informative video.

For now, things are quiet. But as with all ranging currency pairs, things look more interesting from a technical standpoint.

In this review, Alison explains why FP Markets is ranked high on our list of Forex brokers. Alison will guide you through the various categories by which we rate brokers, so you can decide if FP Markets is the right Forex broker for you.

The DXY Dollar Index finished the day down -1.08%, its largest fall since January. The Dow jumped over 200 points before correcting later in the day.

A trend line is an important element of technical analysis that helps determine the current trend in Forex market prices. In this video, we will look at how to draw simple trend lines in order to define future support and resistance levels in the market.

With a July interest rate rise now all but locked in for the US, we can expect a continued upside bias for the USD vs other major currencies.

The best way to get started with Forex trading is to use a demo account. A demo account is usually available at most good brokers, free of charge so that you don't have to deposit any money to open one. 

Fibonacci retracement indicate the possible support and resistance levels where price could potentially pull back or rally, before continuing with a trend. In this video, we describe what retracements are, the benefits of trading a retracement, and how to use the Fibonacci retracement tool.

At the ECB Forum on Central Banking in Sintra, Portugal, central bank leaders were unequivocal on the need for further monetary tightening. The DXY surged with the EUR/USD and GBP/USD hit particularly hard.

The Moving Average Convergence Divergence (MACD) is a crucial trading tool that offers insights into trend and momentum shifts, helping traders identify potential buy and sell points.

Inflation is expected to remain high in the UK, diverging from the Eurozone and USA, where inflation is falling rapidly. UK interest rates will continue to rise as a result, supporting the GBP in the medium term.

OctaFX have prepared an essential guide for traders beginning their Forex journey, followed by a workshop by the professional trader and coach Cikgu Danie.

The EUR bulls are back in control of the EUR/USD, and it is clear that the markets do not believe that the Fed is going to continue hiking interest rates in the medium term, despite the hawkish rhetoric.

Candlestick patterns are vital tools in technical analysis, providing detailed information about market sentiment within specific time frames. 

The current probability of a rate rise by the Fed is between 20-30%, so if there is a surprise increase, the EUR/USD will be hit hard and the DXY will make major gains.

Support and resistance levels are fundamental concepts in technical analysis that traders use to identify potential entry and exit points for trades, and for managing risk. In this video, we cover what support and resistance is, and methods for identifying these levels.

The EUR/USD rebounded above 1.07 on the news, and the DXY was broadly lower – erasing any session gains.

Weakness in the USD was short-lived due to better-than-expected inflation data from the Eurozone and the debt ceiling talks in the US.

Stochastic Oscillators are momentum indicators that provide valuable insights into market conditions. In this video, we cover the basics of what they are and how they are used.

With the US default looking less likely, traders are pulling out of the USD and beginning to look further ahead.

The implications of a US default for global financial markets, including the EUR/USD, are generating attention, particularly considering the US dollar's haven status.

Candlestick charts are a popular tool used in technical analysis to depict the price movements of financial assets. Traders and analysts use candlestick charts to identify patterns, trends, and potential reversals in price, providing valuable insights for making informed trading decisions.

In early March, eToro – the world's largest social trading broker – announced that they were going to integrate TradingView – traditionally a sophisticated charting platform – directly into its own trading platform.

As expected, today's FOMC meeting resulted in a 25-basis point hike in interest rates. The market´s response was subdued; this hike had been priced in for some time.

The Relative Strength Index (RSI) measures the speed and magnitude of an asset's recent price changes to evaluate overbought or oversold conditions in the price of that asset. In this video, Alison explains the basics of the RSI and how to use it.

Bollinger bands are simple yet valuable indicators that provide Forex traders with dynamic support and resistance levels AND show price momentum. Check out Alison's tutorial and learn what Bollinger bands are and how to use them.

Many traders have their favourite technical indicators, and these indicators become part of their standard strategy. Moving averages (MAs) are used by the majority of traders for identifying trends and possible entry and exit points. In this video, we discuss what MAs are and how you can effectively incorporate them in a trading strategy.

Gold has become increasingly popular and is considered a safe haven in times of market volatility. Alison walks you through what it means to trade gold, the difference between trading and investing in gold, and some key points to remember.

Chris from the podcast Let's Talk Forex with Alison and Chris shares his latest analysis of the effects of the weak US jobs data ahead of Friday's NFP report.

Fears for the US economy continue to grow, with job openings falling and a less-than-expected increase in private employment. But the USD has remained resilient.

Chris from the podcast Let's Talk Forex with Alison and Chris shares his latest analysis of the effects of German inflation figures on the EUR/USD

Following the market chaos over the last two weeks, a relative calm has beset the markets. But the outlook for the USD remains uncertain as markets focus on monetary policy divergence in Europe and the US.

Chris from the podcast Let's Talk Forex with Alison and Chris shares his latest analysis of the effects of the Fed's March interest rate hike.

Understanding how to use timeframes correctly is essential for all Forex traders. Which timeframes are best for your trading style? And how do you use multiple timeframe analysis to reduce your risk and make better trading decisions?

The spread determines your trading cost and ultimately also determines your profitability. Understanding spreads is key to trading successfully.

Last week’s spectacular collapse of Silicon Valley Bank (SVB), closely followed by Signature Bank, has spooked the markets, raised the spectre of a bank run in the US and opened a Pandora’s Box of pressing questions and concerns.

A pip is the price move in a given exchange rate. Understanding pips is fundamental to calculating your profit and loss, and when to enter and exit a trade. In this video, we cover what a pip is and how pips are used.

Following a 6-month absence, the MetaTrader 4 and MetaTrader 5 trading apps are back on the app store for iOS devices.

In this video, we cover how Forex trading works, explain common Forex terminology and talk about the risks associated with trading.

Recent data releases in the US have surprised investors, with US economic growth remaining stubbornly resilient in the face of repeated interest rate increases by the Fed. But what does this mean for the markets in the mid-term?

Forex trading can be a lucrative and rewarding endeavour for those who are up for the challenge, but it also carries with it a certain level of risk. Unfortunately, many beginner traders make mistakes that can lead to significant losses.

Multiple news outlets are reporting today that OvalX (formerly ETX Capital) has sold its customer base to Capital.com, a major UK-based brokerage, and will be closing down. 

Operations close, and rumours of layoffs point to an uncertain future.

The report highlights a record number of complaints, continued broker membership growth, and a decline in average compensation.

Predicting the DXY: Winter 22/23 Edition

Demo accounts are key to becoming a successful trader. In this tutorial, we walk you through an MT5 demo account. To learn more about why demo accounts are so important, check out our podcast "Let's Talk Forex with Alison and Chris" on your favorite podcast app.

Since 2011, cTrader has grown to become one of the most popular platforms in the world. It is praised by both beginners and experienced traders alike for its intuitive design. In this video Chris runs through how to use cTrader and shows off all its features.

One of the most respected brokers in the world, Pepperstone wins our global Forex Broker of the Year award for its ongoing commitment to providing traders with low costs and the widest platform choice available.

Each year FX Malaysia and our sister sites evaluate the world's favourite Forex and CFD brokers.  We have worked with some of these companies for over a decade, and as 2022 comes to a close, we want to award the best of them for their accomplishments this year. Our independent and unbiased review process is the only basis for these awards.

Although the concept of leverage is relatively easy to grasp, it is very often misused. It is essential for beginners to understand how it increases their risk in Forex trading and how to use it responsibly.

If you are considering a career in Forex trading, you cannot ignore the statistics that show 60 - 90% of traders lose money. While this may seem discouraging, the main reason why most traders fail is that they don’t follow the simple rules of risk management.

Positional traders often ignore short-term price movements and prefer to rely on fundamental analysis​​ and long-term trends. They hold positions for months and sometimes even years. In this video, we help you figure out if positional trading is the right trading style for you.

Day trading is suitable for forex traders that have enough time throughout the day to analyze, execute and monitor a trade but don't hold their trades overnight. This video covers the five rules of day trading and how you can find a broker to suit your day trading needs. Simply put, all you need to know to seize the day!

On Friday 23rd September 2022, Apple quietly removed MT4 and MT5, two of the world’s most popular trading platforms, from its App Store. While the abrupt takedown has gone mostly unnoticed, it has created a furore in the Forex trading community and has reignited long-held concerns over fundamental security flaws.

Like CFD trading, the history of cryptocurrency is also a turbulent one, albeit a shorter and noisier one. Without going into a potted history of cryptocurrency, it is safe to say that its most famous aspect is price volatility. Which is where CFDs and cryptocurrency enter an unholy union.

In this episode, Alison and Chris talk you through Scalping as a trading strategy. What is it? How does it work? 6 important rules to stick to if you want to scalp successfully, and how to pick the right broker if this is the trading strategy for you.

We walk you through a scam Forex broker's site and show you some common indicators that this is not a real Forex Broker.

Checking a broker’s regulatory status is a simple process for all the major regulators. It only takes a few minutes and could save you a lot of money and heartache. A closer examination of the main regulators in the world is required, we are also going to discuss how to check if a broker is regulated.