Top 4 Trading Trends In 2023 (So Far)

Contentworks Agency
3 min readMar 27, 2023

It’s good for traders to see what’s trending in their industry. As the leading content marketing agency for the finance space, we’re always watching the markets. Today, we’re bringing you 4 trends to watch out for this year and beyond. Following that, we’ll give you the lowdown on market events this week.

1. Oh, the algorithms!

Well, this is probably no surprise. The explosion of tools like ChatGPT, and Google Bard of late may have placed the spotlight on AI, but it’s actually been around in trading for ages.

Algorithmic traders use computer programs to execute trades on their behalf. These programs are designed to follow a set of rules and to make decisions based on a variety of factors, like price movements, market sentiment, and technical indicators.

Progression and ever-increasing ability is in the very DNA of AI, so it’s safe to say that this tech is only going to get more sophisticated over time. It’s already developed into one of the most significant trends in forex trading.

Whether the rise of AI means that it becomes more difficult for human traders to compete in the market remains to be seen. For now, just keep a (red) eye out for Arnie.

2. The continued rise of social trading

Generally speaking, humans love social interaction. Social trading allows traders to copy the trades of other successful traders. It’s become increasingly popular in recent years because it partially removes some of the ‘effort’ associated with trading.

As social trading platforms become more sophisticated and user-friendly, it’s expected that this type of trading will only get more popular. Good traders are always looking for ways to improve their skills and social trading can be a great way to do so.

3. Data science for the win!

Using scientific methods, processes, algorithms and systems to pick apart data and better understand it. Sounds logical right? Well, that’s because it is! Forex traders are increasingly using data science to improve their trading results.

Digging into the data can help them identify patterns in the market, predict future price movements, and hone their trading strategies.

The one thing we all know about data is that there’s always going to be more of it! The more there is, the more traders will be able to use data science to improve (or at least better-understand) their trading results.

4. Crypt-oh-currencies

It’s probably fair to say that traders have a bit of a love-hate relationship with crypto, and it’s easy to see why. The highs can be jaw-dropping; but, so can the lows.

One of their major appeals — especially in an economic downturn — is the fact that cryptos are often a good way to hedge against inflation and other economic risks.

As we happen to be in an economic downturn, 2023 could be a strong year for crypto. Bank crashes and recessions? Bring us the cryptos!

Your turn!

What do you think of our list? Is there another trading trend that you think will be popular in 2023? Let us know at @_contentworks.

Top trading events for week commencing 27.03.23

There’s a fair bit going on toward the end of this week, don’t miss the following…

Monday

● EUR — German Ifo Business Climate (MAR)

Tuesday

● USD — CB Consumer Confidence (MAR)

Wednesday

● EUR — German GfK Consumer Confidence (APR)

Thursday

● EUR — German Inflation Rate YoY Prel (MAR)

● USD — GDP Growth Rate QoQ Final (Q4)

Friday

● CNY — NBS Manufacturing PMI (MAR)

● GBP — GDP Growth Rate YoY Final (Q4)

● EUR — Germany Unemployment Change (MAR); Germany Unemployment Rate (MAR); Core Inflation Rate YoY Flash (MAR)

● USD — Core PCE Price Index YoY (FEB); PCE Price Index YoY (FEB); Michigan Consumer Sentiment Final (MAR)

Here at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.

Speak soon,

The Contentworks team

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Contentworks Agency

Contentworks Agency provides compliance friendly content to banks, forex brokers, fintechs and many other sectors.