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From trading point of view - the platform's performance is not bad at all, spreads are really tight and execution is fast, which appears as...

Forex Blog

EUR/USD Jumps to Highest Since 2015 After FOMC

Wed, 26 Jul 2017 19:49

EUR/USD rallied today, jumping to the highest level since January 2015, after the Federal Open Market Committee concluded its two-day meeting. The Committee did not deliver any big surprise, and market participants felt that the policy statement was not hawkish enough for the dollar to reverse its bearish...

EUR/USD Loses Gains, Driven Down by US Data

Tue, 25 Jul 2017 19:11

EUR/USD rose today as the two-day meeting of the Federal Reserve started. The currency pair lost its gains, though, as basically all of today's reports in the United State were good. S&P/Case-Shiller home price index rose 5.7% in May, year-over-year. Analysts expected the same 5.8% rate of growth...

Spread Display and Take-Profit Multiplier in Position Size Calculator

Mon, 24 Jul 2017 18:04

It is time to roll out a new version of the Position Size Calculator indicator. Although the new release does not implement any breakthrough changes it introduces some useful features and fixes one annoying bug. Take-profit button multiplier (set via input parameter) can be...

Forex News

USD/CAD Drops to Two-Year Low After Fed Statement

Wed, 26 Jul 2017 23:09

The Canadian dollar gained to the highest level in two years versus its US counterpart today after the Federal Reserve released a relatively dovish policy statement. The loonie also rallied against the weak Swiss franc but dropped versus the euro and Japanese yen.

Swiss Franc Drops as Traders Seek Assets with Higher Yield

Wed, 26 Jul 2017 16:51

The Swiss franc dropped today as the market sentiment was not favorable to currencies considered to be a safe haven.

US Dollar Edges Higher Ahead of Fed Decision Despite Lackluster Home Sales

Wed, 26 Jul 2017 16:46

The US dollar edged higher against the euro on Wednesday, ahead of the latest statement from the Federal Open Market Committee, which is expected to contain a decision to keep rates unchanged. Traders appear to have ignored a disappointing number for new home sales in June in anticipation for remarks from the monetary policy committee relating to interest rates in the near future.

Commodity Blog

Gold & Silver Profit from Dovish FOMC Statement

Wed, 26 Jul 2017 21:53

Gold and silver rallied today following the release of policy statement from the Federal Open Market Committee, which traders considered to be relatively dovish....

US Crude Approaches $49, Hits Two-Month High

Wed, 26 Jul 2017 16:51

Oil futures are surging midweek as new data show US crude stockpiles fell for the fourth consecutive week. Oil prices have been gaining...

Copper Spikes 3% on Technical Momentum, Strong Chinese Economic Data

Tue, 25 Jul 2017 16:34

Copper futures are surging more than 3% on Tuesday thanks to technical momentum and strong Chinese economic data. With traders worrying about supply-side...

Forex Video Zone

How Does Forex Work?

Wed, 26 Jul 2017 15:47

If you ever travel to a foreign country, you may have needed to exchange your money. If so, you have already participated in forex trading. Forex is the short form of foreign exchange. Well, forex is a bit more than that. For example, companies buy goods from other countries. In order to buy them, they need to obtain the local currency first, just like us, when going...

AUD/USD Has Broken Below a Rising Trend Line — Forecast — July 26th 2017

Wed, 26 Jul 2017 15:12

In this video, the Trading Central looks at the currency pair AUD/USD for the July 26th session. AUD/USD — Looking at the 30-min chart, the pair has indeed the pair has broken below the rising trendline, in place since last Friday. It extends below the 50-period Moving Average, on the chart, in blue. Further weakness is also expected below the horizontal resistance at 0.7940. The first target is set at last Friday bottom at 0.7875...

Will Pound Sterling Gain Ground?

Wed, 26 Jul 2017 14:56

The GDP growth rate in the United Kingdom came in line with the expectations of the analysts which encouraged traders to shift their attention to the pound sterling. Reportedly, the British economy expanded by 0.3%. The rise was triggered by robust activity in the services sector, particularly, in the motion picture industry. The members of the Bank of England's Monetary Policy Committee expected the economy to advance by 0.4%, however, markets priced in a slower pace of growth and were right...