Gold Price Forecast: XAU Eyes FOMC Bets Ahead of PCE Data, Non-Farm Payrolls

Gold prices broke a multi-day losing streak and rallied before hitting Falling Wedge resistance. Inflation data and next week's non-farm payrolls report are on the radar for bullion traders.

from DailyFX - Market News https://ift.tt/3in3oUH
via IFTTT

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

from DailyFX - Market News https://ift.tt/3nTLr0h
via IFTTT

AUD/USD Rises on Down US Dollar, Possible Recall of Chinese Ban on Australian Coal

The Australian Dollar rose into Friday's APAC session as the Greenback fell with Treasury yields. An energy crisis in China may see a ban lifted on Australian coal imports.

from DailyFX - Market News https://ift.tt/3il1Fz8
via IFTTT

Copper Price Remains Under Pressure as China Fears Continue to Grow, Coal Prices Soar

Copper prices continue to decline as fears over a stagnating China weigh on global demand and market sentiment.

from DailyFX - Market News https://ift.tt/3F3S0Xv
via IFTTT

Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Rate hike odds have eased back for both the RBA and RBNZ ahead of the their October meetings next week.

from DailyFX - Market News https://ift.tt/2ZBYLzu
via IFTTT

S&P 500, Nasdaq Forecast: Equity Pullback Deepens to Close Q3

It was a September to forget for stocks as both the Nasdaq and S&P 500 put in bearish engulfing formations on the monthly chart.

from DailyFX - Market News https://ift.tt/39PVRZS
via IFTTT

EUR/USD Tanks to Fresh Yearly Low as USD Strength Drives FX

The US Dollar breakout has continued from the ascending triangle formation, and this has pushed EUR/USD down to a fresh yearly low.

from DailyFX - Market News https://ift.tt/3mjamvg
via IFTTT

Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

from DailyFX - Market News https://ift.tt/3igNYRV
via IFTTT

Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

from DailyFX - Market News https://ift.tt/3rmRMU2
via IFTTT

EUR/GBP, GBP/USD Update: Sterling Weakness Subsides as Built-Up Positioning Unwinds

EUR/GBP and GBP/USD reverse some of the risk-off move in Sterling as built-up expectations unwind

from DailyFX - Market News https://ift.tt/3oiqFe7
via IFTTT

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

from DailyFX - Market News https://ift.tt/3e44of9
via IFTTT

Japanese Yen (JPY) Forecast: Tactically Bearish USD/JPY, Risk of Reversal

USD strength likely exacerbated by month/quarter end flows. Risk of reversal after today's London fix.

from DailyFX - Market News https://ift.tt/3mt9t3l
via IFTTT

How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

from DailyFX - Market News https://ift.tt/3nL6t1y
via IFTTT

Bitcoin (BTC/USD) Rallies on Positive ETF Commentary from SEC Chair Gensler

Bitcoin (BTC) has popped higher in early turnover after positive commentary from SEC chair Gary Gensler concerning potential Bitcoin ETFs

from DailyFX - Market News https://ift.tt/3im70Gp
via IFTTT

Crude Oil Price Rise Stalls Amid US Debt and Spending Fight, Output Rebound

Crude oil prices have stalled after racing to the highest in nearly three months. Congressional fights over the US debt ceiling and Biden-backed spending plans alongside rebounding production are i...

from DailyFX - Market News https://ift.tt/2WorpTu
via IFTTT

Canadian Dollar Lifted Over Australian Peer as Energy Leads Metals, AUD/CAD Teetering. Selloff Ahead?

The Canadian Dollar has outperformed its Australian commodity currency cousin thanks to buoyant energy demand. Will push AUD/CAD lower?

from DailyFX - Market News https://ift.tt/3CT9vYw
via IFTTT

How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

from DailyFX - Market News https://ift.tt/3kyXzSh
via IFTTT

Gold Price Outlook Looks to Treasury Yields as US Dollar Gains, Where To From Here?

Gold prices have moved lower as the US Dollar gained with rising Treasury yields and safe haven buying. Will XAU/USD hold, or dig lower?

from DailyFX - Market News https://ift.tt/3zXR2rY
via IFTTT

AUD/USD Rebound Intact After Mixed Chinese PMI Data, Downside Risks Remain

The Australian Dollar's strength versus the US Dollar was unfazed after China reported mixed PMI data. AUD/USD remains at risk, however, given broader risks within the Chinese economy.

from DailyFX - Market News https://ift.tt/3urhGbv
via IFTTT

How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

from DailyFX - Market News https://ift.tt/39fr3T7
via IFTTT

NZD/USD May Swing on China PMIs, ANZ Business Confidence, US Debt Ceiling

The New Zealand Dollar looks set for a busy day as several economic events approach. Meanwhile, risk trends are in focus as China's energy woes continue and the United States faces a potential debt...

from DailyFX - Market News https://ift.tt/2YfQQYe
via IFTTT

Euro Stoxx 50 & IBEX 35 Partially Retrace Tuesday’s Losses, Eurozone Inflation Data Eyed

European equities rebounded on Wednesday as fears over Evergrande contagion and rising US Treasury yields subsided.

from DailyFX - Market News https://ift.tt/3uqitK7
via IFTTT

Mexican Peso Outlook: Banxico Seen Hiking Rates Again. How will USD/MXN React?

Banxico is expected to raise interest rates on Thursday to control inflation. As the hike is fully priced in, the monetary policy statement will be more important for the Mexican peso.

from DailyFX - Market News https://ift.tt/3zTMYJh
via IFTTT

NZD/USD Rate Selloff Pushes RSI Towards Oversold Territory

Looming developments in the RSI may indicate a further decline in NZD/USD if the oscillator pushes into oversold territory for the first time since March 2020.

from DailyFX - Market News https://ift.tt/3uvvIZR
via IFTTT

US Dollar Jumps, Fresh 2021 High - Nasdaq 100 Grinds at Support

The US Dollar has continued to rally ahead of the Q4 open, pushed along by last week's FOMC. But there's another side to the matter, as shown by tech stocks grasping for support.

from DailyFX - Market News https://ift.tt/2Y5dqD8
via IFTTT

Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

from DailyFX - Market News https://ift.tt/2VP0mNf
via IFTTT

Canadian Dollar Price Forecast: USD/CAD Spikes from Support - Loonie Levels

USD/CAD started the week with a support test, but now it's spiking up to resistance as USD strength has continued from last week's FOMC announcement.

from DailyFX - Market News https://ift.tt/3kPQf87
via IFTTT

Gold Price Rebound Susceptible to Rising US Treasury Yields

Current market conditions may continue to drag on the price of gold as speculation for a looming shift in Federal Reserve policy lifts US Treasury yields.

from DailyFX - Market News https://ift.tt/3mfxbjs
via IFTTT

4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

from DailyFX - Market News https://ift.tt/3spDAdO
via IFTTT

British Pound (GBP) Price Outlook: Is EUR/GBP Ready to Break the Range?

EUR/GBP testing the top of the range. Eyes on GBP/JPY for key support.

from DailyFX - Market News https://ift.tt/3m9ieiH
via IFTTT

How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

from DailyFX - Market News https://ift.tt/2ZL5jIR
via IFTTT

US Dollar Prints a Fresh Multi-Month High, USD/JPY Consolidates Recent Rally

The US dollar basket (DXY) continues to push ahead and has just traded at a fresh multi-month high.

from DailyFX - Market News https://ift.tt/39Nu10m
via IFTTT

EU Breaking News: EUR/USD Unphased by Positive EU Sentiment Data, Bearish Euro

The Euro was largely unaffected by better than expected EU sentiment data after markets likely priced in the announcement yesterday on the back of German and French prints. Emphasis now on daily EU...

from DailyFX - Market News https://ift.tt/39OlsT6
via IFTTT

WTI, Brent Looking to Extend Gains as Supply Crunch Sees Oil Surge

Oil prices surge as increasing demand and tight supply cause prices to surge

from DailyFX - Market News https://ift.tt/3uzdneF
via IFTTT

The Euro Melts Lower Amid Rising Yields and Sinking Equities. Can EUR/USD Hold?

The Euro is nearing the low of the year as the US Dollar gains on higher yields, undermining equities. Will EUR/USD make a new low?

from DailyFX - Market News https://ift.tt/2ZKQvNX
via IFTTT

US Dollar, Japanese Yen May Rise if Fed Policy Destabilizes CLO Market

The US Dollar and Japanese Yen may rise if Fed steps to tightening credit conditions destabilize liquidity-dependent credit instruments.

from DailyFX - Market News https://ift.tt/2WkNYbF
via IFTTT

The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

from DailyFX - Market News https://ift.tt/3mk0EXh
via IFTTT

Gold Price Forecast: Skyward Treasury Yields, GLD ETF Outflows Dim XAU Outlook

Gold prices remain under pressure as traders continue to hit the sell button on Treasuries. Meanwhile, gold's total ETF holdings are near the lowest in 5 months after fund outflows.

from DailyFX - Market News https://ift.tt/3marBP4
via IFTTT

Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

from DailyFX - Market News https://ift.tt/3kXXVUv
via IFTTT

AUD/USD Losses Moderate With Treasury Yields. Japanese Election in Focus for APAC

The Australian Dollar moved lower versus the US Dollar overnight as gaining yields and higher interest rate bets pushed traders out of risk assets. The Japanese party leader election is in focus to...

from DailyFX - Market News https://ift.tt/3uhvrtu
via IFTTT

Natural Gas Outlook: Price Continues to Soar as Severe Winter Shortage Looms

Natural gas prices continue to race higher as global supply continues to lag well behind demand. Current month futures briefly traded above $6.00 mmBtu.

from DailyFX - Market News https://ift.tt/3kR1TQq
via IFTTT

Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

from DailyFX - Market News https://ift.tt/3oNUe4k
via IFTTT

Nasdaq Tanks on Rising U.S. Yields, ARKK Appears to Confirm Double Top Pattern

Rising US Treasury yields weigh on the equity market, with tech and growth companies bearing the brunt of the sell-off as traders rotate out of high-flying stocks with elevated valuations.

from DailyFX - Market News https://ift.tt/3m4zmGl
via IFTTT

EUR/USD Rate Defends 2021 Low Ahead of Euro Area Inflation Report

EUR/USD may continue to defend the yearly low (1.1664) as the update to the Euro Area Consumer Price Index (CPI) is anticipated to show a pickup in inflation.

from DailyFX - Market News https://ift.tt/3ihU6cx
via IFTTT

Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

from DailyFX - Market News https://ift.tt/3c9N0TK
via IFTTT

Gold Price Forecast: Gold Falls as Rates Rise, XAU/USD Nearing Support

Gold prices have continued to fall since FOMC but the sell-off has been surprisingly orderly so far. Is something else brewing on the other side of Gold prices?

from DailyFX - Market News https://ift.tt/3D8VS83
via IFTTT

AUD/USD Rate Eyes Monthly Low amid Failure to Push Above 50-Day SMA

Lack of momentum to climb back above the 50-Day SMA (0.7321) may push AUD/USD towards the monthly low (0.7220) amid the deviating paths between the RBA and FOMC.

from DailyFX - Market News https://ift.tt/3ifvjG2
via IFTTT

US Dollar Holds Gains Despite Consumer Confidence Drop

US Consumer Confidence at Lowest Level Since February 2021. USD Unfazed

from DailyFX - Market News https://ift.tt/2XXRHwb
via IFTTT

Brent Crude Oil Soars to a Three Year High on Supply-Demand Mis-Match

Brent crude is now trading at highs last seen nearly three years ago as demand continues to soar.

from DailyFX - Market News https://ift.tt/2ZunVQu
via IFTTT

DAX 40, S&P 500, FTSE 100 Setup: Rising Yields and Energy Shortages Dampen Sentiment

Energy shortages, rising price expectations and higher yields weigh on global stocks

from DailyFX - Market News https://ift.tt/3idsCoC
via IFTTT

Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

from DailyFX - Market News https://ift.tt/2RmYxbe
via IFTTT

GBP/USD Forecast: GBP Breakdown Risks Heightened on US Dollar Charge

GBP/USD Slides as US Dollar Extends Rally. Hawkish BoE Pricing Leaves GBP Vulnerable to Breakdown

from DailyFX - Market News https://ift.tt/2Wi2O2G
via IFTTT

What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

from DailyFX - Market News https://ift.tt/3doaAym
via IFTTT

Gold and Silver Price Outlook Bleak: Sellers in Control as US Bond Yields Rally

Gold and Silver are suffering from the ongoing rise in US bond yields with both looking to find the next level of technical support.

from DailyFX - Market News https://ift.tt/2WjFO3t
via IFTTT

Australian Dollar Jumps, Energy and US Yields Skip a Beat. Can AUD/USD Break Higher?

The Australian Dollar grinds higher as commodities roar and yields climb with Fed movements. Will the AUD/USD break new ground?

from DailyFX - Market News https://ift.tt/3odYHAr
via IFTTT

US Dollar, Japanese Yen May Rise if Fed Policy Destabilizes CLO Market

The US Dollar and Japanese Yen may rise if Fed steps to tightening credit conditions destabilize liquidity-dependent credit instruments.

from DailyFX - Market News https://ift.tt/3m2cOWQ
via IFTTT

Crude Oil Outlook: WTI Prices Climb, Supply Constraints Support Higher Prices

WTI crude oil prices continue to rise as prices reclaim key psychological levels. Supply constraints and heightened demand likely support the recent rise.

from DailyFX - Market News https://ift.tt/3CRavfR
via IFTTT

Gold, Iron Ore Forecast: Rising Yields Weigh on XAU, Iron Ore Languishes

Gold prices face off with rising Treasury yields as jobs data approaches. Meanwhile, iron ore prices caught a small bid on bullish port activity out of China.

from DailyFX - Market News https://ift.tt/2XW78VX
via IFTTT

Dow Jones Gains as Nasdaq 100 Sinks, Crude Oil Boosts Energy Stocks. ASX 200 in Focus

The Dow Jones outperformed the Nasdaq 100 as crude oil prices pushed energy stocks higher. The ASX 200 may find some relief as iron ore prices appear to stabilize after persistent losses.

from DailyFX - Market News https://ift.tt/3ufAivf
via IFTTT

NZD/USD Struggles as RBNZ Hike Bets Dim. Australian Retail Sales, Chinese Data Near

The New Zealand Dollar is struggling to gain strength after traders cut RBNZ rate hike bets this past week. Today offers potential event risk through China's industrial profits and Australia's reta...

from DailyFX - Market News https://ift.tt/39OM8CV
via IFTTT

Mexican Peso Outlook: Higher U.S. Yields Weigh on EMFX, Banxico on Tap this Week

Rising U.S. Treasury rates could weigh on the Mexican peso and EMFX in the near-term, especially if upside moves in yields are large and occur over a short period of time.

from DailyFX - Market News https://ift.tt/3ocJ4Jj
via IFTTT

Bitcoin (BTC/USD), Ethereum (ETH/USD) Grind Away at Support

Both Bitcoin and Ethereum continue to hold support even after China banned cryptocurrencies again. Ethereum is holding a range while BTC tests a longer-term spot of support.

from DailyFX - Market News https://ift.tt/3oencgz
via IFTTT

FX Week Ahead - Top 5 Events: Fed Chair Testimony; China Manufacturing PMI; Eurozone Inflation Rate; US PCE; US Manufacturing ISM & PMI

The last days of September bring about a slew of important data releases from some of the world’s major economies.

from DailyFX - Market News https://ift.tt/3odFLlo
via IFTTT

USD/NOK Rates Hit New Low; USD/CHF, USD/SEK Rates See Improved Bullish Momentum

The US Dollar is perking up against a basket of European currencies.

from DailyFX - Market News https://ift.tt/2Y4vGfJ
via IFTTT

US Dollar Ascending Triangle: FOMC Forecasts Push USD Breakout Potential

The US Dollar is testing resistance around the 2021 high, and with the Q4 open nearing, the door may be opening for a big end-of-year for the USD.

from DailyFX - Market News https://ift.tt/3kMNIvm
via IFTTT

USD/ZAR Outlook: Rise in U.S. Treasury Yields Limit Rand Appetite

The week is off to a roller-coaster start as U.S. Treasury yields surge causing an initial uptick in the USD/ZAR pair. Rand remains under pressure as local treasury concerns ascend while focus turn...

from DailyFX - Market News https://ift.tt/2XYoRfQ
via IFTTT

Oil Price Forecast: Crude Stages Five Day Rally to Eye July High

The price of oil appears to be on track to test the yearly high ($76.98) as crude stages a five day rally for the first time since January.

from DailyFX - Market News https://ift.tt/3zNJkAJ
via IFTTT

Breaking News: US Durable Goods Orders Beat Estimates, DXY Remains Elevated

US durable goods orders drastically outperformed expectations of 0.7%, printing at 1.8%. We take a look at the immediate DXY reaction

from DailyFX - Market News https://ift.tt/3zKTe60
via IFTTT

Gold Price Forecast: Fed Speakers in Focus For Taper Timeline Clues, XAU/USD Weaker

XAU/USD is struggling to attract buying momentum as yields continue to pick up

from DailyFX - Market News https://ift.tt/3EU2g4w
via IFTTT

Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

from DailyFX - Market News https://ift.tt/3uVMS2I
via IFTTT

German Election Latest: EUR/USD Muted Following Election Results

German Election Results Show Win for SPD. Traffic Light Coalition Most Likely Outcome.

from DailyFX - Market News https://ift.tt/3EPmtsl
via IFTTT

British Pound (GBP) Forecast: GBP/USD Weighing Up Different Fundamental Drivers

The British Pound is under pressure from domestic problems as fuel shortages continue, hampering UK growth prospects.

from DailyFX - Market News https://ift.tt/3AKPhjl
via IFTTT

Norwegian Krone Jumps as Euro Awaits German Election Results. Will Energy Continue to Surge?

The Norwegian Krone led commodity FX gains amid higher oil prices while an undecided German election left the Euro adrift. Will energy prices continue building?

from DailyFX - Market News https://ift.tt/3EWP9Q0
via IFTTT

Crude Oil Prices Hit 2-Month High on Supply Squeeze, 2021 Top Eyed

Crude oil prices rose to the highest in two months amid a supply squeeze. Will buyers push to revisit the high for the year near $77/barrel?

from DailyFX - Market News https://ift.tt/3EWIJAD
via IFTTT

How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

from DailyFX - Market News https://ift.tt/2WAEPrW
via IFTTT

Australian Dollar Forecast: AUD/USD Action May Swing on Chinese Industrial Profits

The Australian Dollar faces a tough ride higher after Treasury yields surged last week. Monday's APAC session will put focus on Chinese industrial profits. A bright figure may help AUD/USD.

from DailyFX - Market News https://ift.tt/3zJZURV
via IFTTT

Markets Week Ahead: Dow Jones, USD/JPY, BTC/USD, China Crypto Crackdown, Evergrande

The Dow Jones rose as investors brushed aside Evergrande woes for the Fed's outlook. China's crackdown on cryptocurrencies sent Bitcoin falling. Treasury yields are back on the rise, sending USD/JP...

from DailyFX - Market News https://ift.tt/2ZnyPrd
via IFTTT

S&P 500 & FTSE 100 Forecasts for the Week Ahead

Short-term uncertainties to keep the pressure on equity markets.

from DailyFX - Market News https://ift.tt/3EVfs9e
via IFTTT

Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande

Crude oil prices may rise as global Covid case growth continues to slow, raising demand expectations. Eyes are on OPEC’s annual world oil outlook report. China’s Evergrande situation remains fluid.

from DailyFX - Market News https://ift.tt/3CKZWuO
via IFTTT

Euro Forecast: Limited EUR/USD Bounce Could Follow German Election Results

The results of this weekend’s German Federal Election will likely dominate Euro sentiment at the start of the week ahead but after a possible EUR/USD bounce they will have little long-term impact.

from DailyFX - Market News https://ift.tt/3ESfNtf
via IFTTT

Gold Fundamental Forecast: XAU Eyes PCE After US Dollar, Treasury Yields Weigh on Price

Gold prices fell after a hawkish FOMC statement sent yields higher into the weekend, hurting the non-interest-bearing asset. PCE figures are in focus for gold traders this week.

from DailyFX - Market News https://ift.tt/3EPIyqH
via IFTTT

US Dollar Post-FOMC Performance Hinges on Slew of US Data

The update to the US Consumer Price Index (CPI) is likely to sway the US Dollar during the Federal Reserve’s blackout period as the central bank braces for a transitory rise in inflation.

from DailyFX - Market News https://ift.tt/3zIUqa9
via IFTTT

Cryptocurrencies Slammed by China Ban, Twitter (TWTR) Allows Bitcoin (BTC) Tipping

Bitcoin (BTC) started the day on the front foot on the Twitter news before the latest China crypto ban hammered the market lower.

from DailyFX - Market News https://ift.tt/3CBIQzw
via IFTTT

Australian Dollar Outlook: China, Energy and Yields in Play. What Will Drive AUD/USD?

The Australian Dollar continues to be caught in the crosswinds of external factors as risk appetite fluctuates. Can AUD/USD find firmer footing?

from DailyFX - Market News https://ift.tt/2XOCkGj
via IFTTT

Treasury Yields Rise, China Bans Crypto (Again) and Evergrande: Weekend Risk

It was a busy week and weekend risk is heightened with the ongoing developments at Evergrande.

from DailyFX - Market News https://ift.tt/3AGIhDR
via IFTTT

USD/JPY Rate Clears Opening Range for September to Eye 2021 High

USD/JPY may continue to retrace the decline from the yearly high (111.66) as the exchange rate breaks out of the opening range for September.

from DailyFX - Market News https://ift.tt/3EOiufG
via IFTTT

EUR/USD Outlook – Recovery Looks Weak and Increasingly Vulnerable

The rise in US Treasury yields will eventually feed into EUR/USD and knock the pair lower, with sub-1.1700 looking likely

from DailyFX - Market News https://ift.tt/3CCClw8
via IFTTT

Bitcoin & Etherum Drop as China Declares Cryptocurrency Activities Illegal

China Crackdown on Cryptocurrencies. Declares Crypto Activities Illegal. Bitcoin & Etherum Slide

from DailyFX - Market News https://ift.tt/3u6pJup
via IFTTT

GBP/USD Flattens After BOE-Induced Rally

A hawkish tone from the Bank of England boosts the Pound as the Dollar tries to catch up to yields

from DailyFX - Market News https://ift.tt/39B3fYR
via IFTTT

US Dollar Outlook Bullish on Future US-China Tension

The US Dollar may gradually rise amid rising tensions between the US and China as the Biden administration redirects its focus to Asia.

from DailyFX - Market News https://ift.tt/3lOHnz0
via IFTTT

Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

from DailyFX - Market News https://ift.tt/3sN1JLG
via IFTTT

Australian Dollar Eyes Evergrande as USD Bondholders Still Await Interest Payments

The Australian Dollar marked time after reports crossed the wires that Evergrande USD bondholders had yet to receive interest payments ahead of a key deadline. What are key AUD/USD levels to watch?

from DailyFX - Market News https://ift.tt/2WdEijm
via IFTTT

The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

from DailyFX - Market News https://ift.tt/3t1RanT
via IFTTT

AUD/USD, AUD/JPY Surge Despite Rising Treasury Yields, Looming Evergrande Risks

The Australian Dollar gained as traders bid up stocks on Wall Street. Evergrande woes are being brushed aside despite reports that Beijing asked localities to prepare for its downfall.

from DailyFX - Market News https://ift.tt/3zxmH3f
via IFTTT

Canadian Dollar Price Forecast: USD/CAD Snaps Back to Key Support

USD/CAD has snapped back for a support test at a confluent spot on the chart with two different Fibonacci levels in tight proximity.

from DailyFX - Market News https://ift.tt/2W9wH5i
via IFTTT

USD/TRY, EUR/TRY Rates Jump amid Surprise Turkish Rate Cut

The Central Bank of the Republic of Turkey (CBRT) ended its monetary tightening cycle will a surprise 100-bps rate cut on Thursday.

from DailyFX - Market News https://ift.tt/3EHtQ57
via IFTTT

S&P 500, Nasdaq Rally After the Fed; 10 Year Yield to Two-Month-Highs

Treasury yields are shooting higher after yesterday's FOMC meeting but, oddly, it appears that stocks do not care at all as they've also continued to move higher.

from DailyFX - Market News https://ift.tt/3lULfhU
via IFTTT

EUR/USD Rate Rebound Emerges Following Failure to Test 2021 Low

EUR/USD may stage a larger recovery over the remainder of the month as it appears to be reversing course ahead of the yearly low (1.1664).

from DailyFX - Market News https://ift.tt/2ZrPhXB
via IFTTT

Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Rate hike odds perk up for the Bank of England, while the European Central Bank may begin to signal the end of its QE program.

from DailyFX - Market News https://ift.tt/3o26hhu
via IFTTT

US Dollar Extends Decline as US PMIs Slip

USD back to pre-FOMC levels as declines extend. US PMI misses expectations

from DailyFX - Market News https://ift.tt/3lQ6Fgi
via IFTTT

South Africa Breaking News: USD/ZAR falls to support, SARB keeps rates unchanged

The South African Reserve Bank holds rates steady at 3.5% as unemployment remains at historical highs

from DailyFX - Market News https://ift.tt/3udARFW
via IFTTT

Bank of England Reaction: GBP/USD Jumps on More Hawkish BoE

Bank of England provides more hawkish statement. 7-2 vote split on Gilt purchases. GBP jumps above 1.3700

from DailyFX - Market News https://ift.tt/3u38El3
via IFTTT

Canadian Dollar Forecast: USD/CAD Sell-Off Accelerating Into Support

The neutral to mildly hawkish sentiment from yesterday's FOMC meeting is not playing out in USD/CAD which continues to slide lower.

from DailyFX - Market News https://ift.tt/3kxlTqU
via IFTTT

XAU/USD Price Forecast: Conflicting Fundamentals Hinder Gold's Recovery

XAU/USD is struggling to find its footing as the risk-off mood clashes with the Fed’s hawkishness

from DailyFX - Market News https://ift.tt/3hZboes
via IFTTT

FTSE 100 Price Outlook: Bank of England to Leave Advance in UK Stocks Intact

The Bank of England MPC will not want to rock the boat in the UK financial markets. If the FTSE and GBP are stable after its monetary policy meeting it will pat itself on the back.

from DailyFX - Market News https://ift.tt/3ABYv11
via IFTTT

EU Breaking News: DAX, EUR/USD Shrug Off Missed German and EU PMI’s

The Euro along with European equities have flouted missed PMI data as the DAX marches higher while EUR/USD tests key horizontal levels.

from DailyFX - Market News https://ift.tt/3lTYCik
via IFTTT

British Pound Battles US Dollar After FOMC, Before BoE. Will GBP/USD Move Lower?

The Great British Pound repelled US Dollar strength in the aftermath of the FOMC tapering announcement and before the Bank of England meeting. Can GBP/USD hold the line?

from DailyFX - Market News https://ift.tt/3zwFlbt
via IFTTT

How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

from DailyFX - Market News https://ift.tt/3uvBlXG
via IFTTT

Hang Seng, ASX 200 May See Relief After Fed. Evergrande Set for Restructuring?

The Hang Seng and ASX 200 may see some relief after the FOMC as sources close to the CCP mentioned that an Evergrande restructuring is imminent.

from DailyFX - Market News https://ift.tt/2W3qdVs
via IFTTT

Australian Dollar Fights FOMC-Charged US Dollar After Upbeat PMI Data

The Australian Dollar is on the back foot against a US Dollar that is gaining following a slightly hawkish FOMC decision. Positive PMI data out of Australia shows a recovery chance for the economy.

from DailyFX - Market News https://ift.tt/3lO87jg
via IFTTT

USD/BRL May Continue to Gyrate as Brazilian Central Bank Tightens by 100 Basis Points

The Central Bank of Brazil raised the Selic rate by 100 basis points on Wednesday, taking the country's benchmark interest rate to 6.25%

from DailyFX - Market News https://ift.tt/2Znz71r
via IFTTT

Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

from DailyFX - Market News https://ift.tt/3uvWu3Z
via IFTTT

Gold Price Rebound Fizzles as Fed Reveals Tentative Timeline to Taper QE

The price of gold pulls back from a fresh weekly high ($1787) even as the Fed retains the current policy as the central bank lays out a tentative exit strategy.

from DailyFX - Market News https://ift.tt/3lVmX7I
via IFTTT

Dow Jones Price Resilient After FOMC Rate Decision, Updated Rate Projections

The Dow Jones Industrial Average remained higher following the Federal Reserve’s September rate decision Wednesday. Rates remained unchanged, but Fed members shifted forward their rate projections.

from DailyFX - Market News https://ift.tt/2W0YLHQ
via IFTTT

Gold Price Forecast: XAU/USD Holds Support Ahead of the Fed - Gold Levels

Gold prices are holding support ahead of the FOMC. Will the Fed wave the red flag in front of Gold bulls at the September FOMC?

from DailyFX - Market News https://ift.tt/3lMcqeJ
via IFTTT

DailyFX September FOMC Coverage

Fed day is here, and DailyFX is ready to go with coverage of the event.

from DailyFX - Market News https://ift.tt/3ERWgJI
via IFTTT

AUD/USD Attempts to Halt Four Day Decline Ahead of Fed Rate Decision

AUD/USD attempt to halt a four day decline, but the Federal Reserve rate decision may keep the exchange rate under pressure if the central bank delivers an exit strategy.

from DailyFX - Market News https://ift.tt/3zx0h24
via IFTTT

FOMC Event Risk: How Will the Market React?

Federal Reserve in focus. Eyes on dot plots with a first look at 2024. Taper details to be closely watched

from DailyFX - Market News https://ift.tt/3AAGK2m
via IFTTT

USD/JPY Rebounds Ahead of FOMC, BOJ Unchanged with Bleak Outlook

USD/JPY is bouncing higher as investor’s position themselves for the Fed meeting

from DailyFX - Market News https://ift.tt/3AwgvK9
via IFTTT

EUR/USD Price Remains Pointed Lower on Divergent Monetary Policy

The highly anticipated FOMC decision this evening may well leave traders unfulfilled but the Fed will soon start bond tapering in complete contrast to the ECB.

from DailyFX - Market News https://ift.tt/3CxcuG0
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Stabilizing on Evergrande Relief

GBP/USD is steadying Wednesday after the troubled Chinese property company Evergrande said it would make a bond interest payment Thursday, lifting market sentiment generally.

from DailyFX - Market News https://ift.tt/3lLSs3U
via IFTTT

Crude Oil Jumps as Risk Turns On Evergrande Debt Deal, FOMC Ahead. Will Prices Rally?

Crude oil prices went higher with Evergrande stalling a debt default and the PBOC opening the liquidity tap. Where to before Fed taper talk?

from DailyFX - Market News https://ift.tt/2XFBYCt
via IFTTT

Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

from DailyFX - Market News https://ift.tt/3qf0a6E
via IFTTT

Gold, Copper Forecast: XAU Eyes FOMC, Evergrande News Sends Copper Flying

Gold remains higher despite positive Evergrande news out of China. Meanwhile, copper bulls are pushing prices upward as the potential for a housing crisis in China ebbs.

from DailyFX - Market News https://ift.tt/3EIQPfM
via IFTTT

Japanese Yen Focuses on Evergrande as BoJ Leaves Policy Unchanged Ahead of FOMC

The Japanese Yen was falling after Evergrande’s coupon payment as the Bank of Japan left monetary policy unchanged ahead of the PM election and FOMC interest rate decision.

from DailyFX - Market News https://ift.tt/3AAZdvy
via IFTTT

AUD/USD, NZD/USD Soar on Evergrande Debt Deal, PBOC Liquidity Injections

The AUD/USD and NZD/USD pivoted higher after China’s Evergrande Group announced a deal with creditors to repay onshore bond interest due September 23. Eyes are on the Fed next.

from DailyFX - Market News https://ift.tt/3CyLupB
via IFTTT

Dow Jones Falls, Nasdaq 100 Gains Ahead of the Fed. Nikkei 225 Eyeing the BoJ

The Dow Jones fell as the Nasdaq 100 gained during a fairly quiet session ahead of the FOMC rate decision. Ahead, the Nikkei 225 is eyeing the BoJ monetary policy announcement.

from DailyFX - Market News https://ift.tt/2XAscRI
via IFTTT

Bitcoin Outlook Update: BTC/USD Selloff Continues – Key Levels to Watch

Bitcoin (BTC) prices are testing critical support as fundamental factors weigh on speculative assets ahead of the FOMC monetary policy announcement.

from DailyFX - Market News https://ift.tt/3m3whGH
via IFTTT

Australian Dollar Forecast: Evergrande, PBOC, Risk Trends, BoJ on the Radar

AUD/USD fell overnight as traders failed to buy Wall Street's dip on Tuesday. Investors are eying Chinese markets and the PBOC to gauge Evergrande risks. The Bank of Japan rate decision is on deck.

from DailyFX - Market News https://ift.tt/3lKZqWS
via IFTTT

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; September Fed Meeting Preview

Markets are expecting a hawkish FOMC when the September Fed meeting concludes on Wednesday.

from DailyFX - Market News https://ift.tt/3lP5ayD
via IFTTT

Market Intelligence

Bloomberg's Larry Tabb on the recent surge in retail investing activity, speculative trading and the one thing most misunderstood about the markets.

from DailyFX - Market News https://ift.tt/3Azsyqb
via IFTTT

Nasdaq Ekes Out Small Gain As Focus Turns to FOMC, Uber Flies On Bullish Guidance

Nasdaq 100 recovers, but market caution ahead of the FOMC monetary policy decision caps its gains. Elsewhere, Uber rises more than 11% on upgraded quarterly guidance.

from DailyFX - Market News https://ift.tt/3hRe6mg
via IFTTT

Oil Price Forecast: WTI Crude Oil Prices Test Support – Key Levels to Watch

Oil and gas prices remain under pressure as supply constraints, interest rate decisions and rising inflation weigh on the energy sector.

from DailyFX - Market News https://ift.tt/3EGBNaE
via IFTTT

China Market Watch: PBoC Action In Focus. Will Beijing Calm Market Nerves?

Watch PBoC action for possible signal of Beijing's support

from DailyFX - Market News https://ift.tt/3EHyeAM
via IFTTT

Pre-FOMC US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY

Tomorrow brings the Fed for a highly-anticipated rate decision. Will the FOMC announce taper, or will they punt to the November rate decision?

from DailyFX - Market News https://ift.tt/3EH8jcs
via IFTTT

Copper Price Forecast: Evergrande Contagion Infects Charts

Copper prices are quickly heading back towards their August low – and perhaps lower.

from DailyFX - Market News https://ift.tt/2XE5B6s
via IFTTT

The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT

USD/CAD Struggles to Test August High Ahead of FOMC Rate Decision

USD/CAD may consolidate ahead of the Federal Reserve interest rate decision as the exchange rate struggles to test the August high (1.2949).

from DailyFX - Market News https://ift.tt/3nQb7hC
via IFTTT

Japanese Yen Outlook: JPY Poised for Breakout Ahead of BoJ Rate Decision

The tumbling USD/JPY may continue leading up to the Bank of Japan (BoJ) and FOMC rate decisions tomorrow as the Japanese Yen piggy backs off global risk aversion.

from DailyFX - Market News https://ift.tt/3AuesX8
via IFTTT

Market Sentiment Webinar: Will Wall Street Rally After Evergrande Setback?

Trader confidence has suffered from fears that China’s Evergrande is on the brink of default. The question now is whether confidence will return or whether there is more selling to come.

from DailyFX - Market News https://ift.tt/39oxTon
via IFTTT

EUR/USD Setup: Keeping Steady Within Range Ahead of FOMC

Focus turns to FOMC meeting as Powell aims to downplay rate hike expectations

from DailyFX - Market News https://ift.tt/2XIi21y
via IFTTT

Australian Dollar Shorts at a Record, NZD Bulls at Extreme Levels – COT Report

AUD shorts at a record high, while NZD bulls rise to stretched levels. GBP flips net-long, but beware of BoE disappointment

from DailyFX - Market News https://ift.tt/39uWUOx
via IFTTT

Gold Price (XAU/USD) Outlook: Any Break Higher May Be Fleeting

Gold is probing an old support level ahead of the latest FOMC rate decision and with the USD already well bid, any disappointment may give the precious metal a short-term boost.

from DailyFX - Market News https://ift.tt/3CLxSaT
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Ready to Bounce Back

GBP/USD looks to be recovering after its bout of weakness over the past week and even if there were any more losses they would likely halt at support around the 1.36 level.

from DailyFX - Market News https://ift.tt/39ljWYg
via IFTTT

Canadian Dollar Jumps On Trudeau Election Win, Risk Appetite Reprieve. Will USD/CAD Go Lower?

The Canadian Dollar rose on election results delivering political certainty and on commodity markets steadying ahead of the FOMC rate decision. Where to for USD/CAD?

from DailyFX - Market News https://ift.tt/3lMi3th
via IFTTT

Gold, Iron Ore Forecast: Prices Hinge on FOMC, Evergrande Crisis, China Steelmaking Curbs

Gold prices gain as potential systemic risks out of China's Evergrande Group roil broader markets. Meanwhile, iron ore is ticking higher after a big drop on Monday as China steps up steelmaking curbs.

from DailyFX - Market News https://ift.tt/3nRGloH
via IFTTT

Bank of Japan (BoJ) Preview: Monetary Policy to Hold Steady

The Bank of Japan is set to hold a monetary meeting across 21 – 22 September 2021, as markets have their eyes on Japan’s ruling party leadership race.

from DailyFX - Market News https://ift.tt/3EyJRtT
via IFTTT

AUD/USD Eyes RBA Minutes, FOMC After Systemic Risks out of China Weighs on Sentiment

The Australian Dollar fell overnight alongside US stocks as traders gauged systemic risks from China's indebted Evergrande Group. RBA minutes are in focus as the highly-anticipated FOMC decision lo...

from DailyFX - Market News https://ift.tt/3AsFa2m
via IFTTT

Market Intelligence

Bloomberg's Larry Tabb on the recent surge in retail investing activity, speculative trading and the one thing most misunderstood about the markets.

from DailyFX - Market News https://ift.tt/2XwL1Fo
via IFTTT

S&P 500 Sinks on Evergrande Risks Ahead of FOMC, Airline Stocks’ Outlook Brightens

The S&P 500 plunged at the start of the week on Evergrande worries, but despite the growing market risks, some industries are starting to look more attractive over the medium term.

from DailyFX - Market News https://ift.tt/3hQMTQv
via IFTTT

NZD/USD Bull Flag Formation Unravels as September Opening Range Snaps

The bull flag formation in NZD/USD has unraveled as the exchange rate snaps the opening rage for September.

from DailyFX - Market News https://ift.tt/3lLog8O
via IFTTT

Gold Price Outlook: Gold Prices Achieve Modest Gains, Stocks Slide

Fed rate decision weighs on commodities, Gold and Silver remain flat despite equity sell-off.

from DailyFX - Market News https://ift.tt/3Atr8NN
via IFTTT

Canadian Dollar Price Forecast: USD/CAD Spikes, Pulls Back - Loonie Levels

USD/CAD spiked to start the week and is already putting in a pullback to support at the 1.2800 handle.

from DailyFX - Market News https://ift.tt/3CvfeUw
via IFTTT

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

from DailyFX - Market News https://ift.tt/3chNqsL
via IFTTT

EUR/USD Eyes 2021 Low Ahead of Fed Meeting as ECB Defends Dovish Guidance

EUR/USD appears to be on track to test the yearly low (1.1664) following failed attempt to clear the July high (1.1909).

from DailyFX - Market News https://ift.tt/3Czr009
via IFTTT

Stocks Hit as Evergrande Risk Begins to Spread

The S&P 500 is trading at a fresh monthly low before US markets have opened for the day. Risk from Evergrande is spreading around the world and the Fed is in a blackout period until Wednesday.

from DailyFX - Market News https://ift.tt/39m7WWE
via IFTTT

Bitcoin (BTC) Slumps Through Support, Alt-Coins Crumble, Heavy Losses Seen

Bitcoin fell back through its recent Fibonacci support level and may re-test the $43k level unless dip buyers appear once more.

from DailyFX - Market News https://ift.tt/3hOK1U8
via IFTTT

USD/ZAR Outlook: Rand Tanks as Safe-Haven Assets are Bid - Evergrande

Evergrande has riled markets since last week as debt concerns grow, hitting commodities and many EM currency pairs in the process. USD/ZAR continues rally as rand falls.

from DailyFX - Market News https://ift.tt/3nObR6R
via IFTTT

US Dollar Soars, CAD Slammed, China Risks Dictating Price Action

China risks weigh on risk appetite, USD soars, CAD slammed ahead of Canadian Election

from DailyFX - Market News https://ift.tt/39iKRnw
via IFTTT

Evergrande Contagion Fears Take Over Market Sentiment, Global Stocks Dip

Global markets trade deeply in the red as investors focus on the ongoing Evergrande saga

from DailyFX - Market News https://ift.tt/2Xqbcxj
via IFTTT

Hang Seng Index Tanks on Evergrande Contagion Fears, Central Banks Ahead. Will Risk Assets Go Lower?

The Hang Seng Index tumbled under the weight of an expanding Evergrande credit crisis amid growing fallout fears. Will risk assets like AUD/JPY be undermined?

from DailyFX - Market News https://ift.tt/2XycS8x
via IFTTT

Bank of Japan (BoJ) Preview: Monetary Policy to Hold Steady

The Bank of Japan is set to hold a monetary meeting across 21 – 22 September 2021, as markets have their eyes on Japan’s ruling party leadership race.

from DailyFX - Market News https://ift.tt/2XDyX5m
via IFTTT

New Zealand Dollar Forecast: NZD/USD Eyes China Credit Risk After PSI Miss

The New Zealand Dollar is off to a weak start as APAC trading commences. It's a busy week ahead, with several central bank decisions on tap, but Chinese real estate risks threatens to roil global m...

from DailyFX - Market News https://ift.tt/3zp9GJ1
via IFTTT

Markets Week Ahead: US Dollar, FOMC, GBP/USD, BoE, USD/JPY, BoJ, AUD/USD, Chinese Debt Crisis

Central bank decisions are on tap next week, with the US Dollar eyeing the FOMC, the British Pound facing the BoE and the Japanese Yen looking to the BoJ.

from DailyFX - Market News https://ift.tt/2Xsrztd
via IFTTT

FOMC Preview - S&P 500 and DAX 30 Forecasts for the Week Ahead

All eyes on the Fed on Wednesday as investors weigh on chances of a taper announcement

from DailyFX - Market News https://ift.tt/3tSgYUA
via IFTTT

Euro Forecast: EUR/USD Price May Head Lower Ahead of German Election

While the meetings of central bankers in the US, Japan and the UK will be front, left and center of traders’ minds this coming week, it would be wise not to ignore next Sunday’s German Federal Elec...

from DailyFX - Market News https://ift.tt/3ApbNxY
via IFTTT

Gold Price Outlook Hinges on Fed Rate Decision & Forward Guidance

The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support.

from DailyFX - Market News https://ift.tt/3tTvMSI
via IFTTT

Weekly Fundamental US Dollar Forecast: Taper Talk to Intensify at September Fed Meeting

The US Dollar (via the DXY Index) is trending higher as markets expect more taper talk at the September Fed meeting.

from DailyFX - Market News https://ift.tt/3lDM6Uc
via IFTTT

Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength

The Japanese Yen is eyeing the upcoming Bank of Japan rate decision and CPI figures, but JPY crosses will likely remain dependent on broader market sentiment.

from DailyFX - Market News https://ift.tt/3EoefHr
via IFTTT

Australian Dollar Outlook: Commodities Weigh on AUD/USD. Eyes on FOMC, RBA Minutes

The Australian Dollar remains hostage to commodity market gyrations, as low interest rates are unable to attract buyers. Will yields go higher to turn the AUD/USD around?

from DailyFX - Market News https://ift.tt/3kin39v
via IFTTT

GBP/USD Forecast: China Risks, Fed & BoE Decisions, GBP Reversal?

from DailyFX - Market News https://ift.tt/3kjsSDH
via IFTTT

USD/JPY Eyes Monthly High Ahead of FOMC Meeting amid Rise in US Yields

USD/JPY appears to be on track the test the monthly high (110.45) as the 10-Year Treasury Yield climbs to a fresh weekly high (1.37%).

from DailyFX - Market News https://ift.tt/3CkkcDk
via IFTTT

USD Price Action: US Dollar Rallies to Sept High, Focus Shifts to the Fed

The US Dollar is trading at a fresh September high and next week brings the FOMC. Can the Dollar challenge its next resistance level even before the announcement?

from DailyFX - Market News https://ift.tt/3lzeK8T
via IFTTT

Bitcoin (BTC/USD) Forecast: Bitcoin Bows to Critical Resistance of $48,000

from DailyFX - Market News https://ift.tt/3Eslden
via IFTTT

Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

from DailyFX - Market News https://ift.tt/3AqtOMs
via IFTTT

GBP/USD Anticipation Grows as FOMC and BoE Loom, UK Retail Sales Drop

Fundamental anticipation ahead of FOMC and BOE leaves GBP/USD stuck in a tight range

from DailyFX - Market News https://ift.tt/3znDhCx
via IFTTT

Australian Dollar Forecast: Major AUD/NZD Bottom May Soon Be Approaching

AUD/NZD monetary policy divergence is as good as it gets. Potential bottom soon approaching.

from DailyFX - Market News https://ift.tt/3lwG2Nc
via IFTTT

British Pound Slips After Data, Still Tied to Range. Can GBP/USD Break Out Ahead of FOMC?

The British Pound has been moving sideways and struggling for direction. Can Sterling find some footing, or will the US Dollar take the wheel ahead of FOMC?

from DailyFX - Market News https://ift.tt/3zi81VI
via IFTTT

How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

from DailyFX - Market News https://ift.tt/3kyXzSh
via IFTTT

Gold Price Outlook Turns to UofM Sentiment as US Dollar, Treasury Yields Rally

Gold prices may be at risk if University of Michigan Sentiment data beats expectations after US retail sales sank XAU/USD as the US Dollar and Treasury yields rallied.

from DailyFX - Market News https://ift.tt/3zir8Pl
via IFTTT

New Zealand Dollar Outlook: NZD/USD Drops on US Dollar Bids, Wall Street Losses

The New Zealand Dollar fell going into Friday's APAC session after risk aversion took hold in the US trading session. Safe-haven US Dollar bids weighed on NZD/USD.

from DailyFX - Market News https://ift.tt/3tOoSyj
via IFTTT

Bitcoin Outlook: Crypto Adoption to Become Widespread in Wake of El Salvador, AMC?

Crypto adoption appears to finally be moving mainstream as El Salvador recognizes Bitcoin as legal tender and AMC announces its intention to accept Ether and Litecoin.

from DailyFX - Market News https://ift.tt/3hCbkkI
via IFTTT

AUD/USD Outlook Mired by Deviating Paths Between RBA & FOMC

AUD/USD extends the decline following the contraction in Australia employment as fresh US data prints fuel speculation for an imminent shift in Fed policy.

from DailyFX - Market News https://ift.tt/3Ak7ELt
via IFTTT

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD

The US Dollar spiked up to a fresh September high today, but can bulls maintain the move with the FOMC scheduled for next week?

from DailyFX - Market News https://ift.tt/3CgKkPs
via IFTTT

Gold Price Reversal From July High Unfolds During Fed Blackout Period

The price of gold may face a further decline ahead of the Federal Reserve interest rate decision on September 22 amid broad based weakness across precious metals.

from DailyFX - Market News https://ift.tt/3zh0mXB
via IFTTT

US Dollar Spikes on Stellar Retail Sales, Gold Breaks Down to Key Support

USD surge on retail sales, hawkish Fed up next?

from DailyFX - Market News https://ift.tt/3hDurL6
via IFTTT

Bitcoin (BTC/USD) Forecast: Bitcoin bulls march towards $50,000

Bitcoin (BTC) prices edge towards $50,000 but bulls need to clear a few hurdles first.

from DailyFX - Market News https://ift.tt/2Xzpo7v
via IFTTT

Gold Price Forecast: XAU/USD Slides Back to Recent Support

XAU/USD is unable to break higher despite softer US CPI and economic slowdown

from DailyFX - Market News https://ift.tt/2Xlb1DA
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Edging Lower But Range Holds

GBP/USD is a little weaker in early European hours Thursday but continues to trade within a relatively narrow range, unaffected by Wednesday’s UK Cabinet reshuffle.

from DailyFX - Market News https://ift.tt/3Cw7ba3
via IFTTT

Japanese Yen Gains as Sentiment Sours, AUD/NZD Loses Ground After Kay Data

The anti-risk Japanese Yen appreciated during Thursday’s Asia Pacific trading session while AUD and NZD reacted to key data. Will USD/JPY break out?

from DailyFX - Market News https://ift.tt/2YSqUC0
via IFTTT

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

from DailyFX - Market News https://ift.tt/3nTLr0h
via IFTTT

AUD/USD Strength Dented on Big Jobs Report Miss, RBA Q3 Contraction View Bolstered

The Australian Dollar took a hit but remained higher on the day versus the US Dollar after a big jobs report miss. The 146k jobs lost in August bolsters calls for a Q3 economic contraction.

from DailyFX - Market News https://ift.tt/3zeL9X8
via IFTTT

Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

from DailyFX - Market News https://ift.tt/2VP0mNf
via IFTTT

Nasdaq 100 Outlook: Risk Assets Turn Higher on APAC Data, Australian Jobs Report Eyed

A comeback in US equities is helping to lift sentiment in Thursday's APAC session. A blowout GDP report out of New Zealand bolstered the risk-taking mood as traders eye the Australian jobs report.

from DailyFX - Market News https://ift.tt/398dNP0
via IFTTT

NZD/USD Analysis: Kiwi Dollar Pushes Higher on Strong Q2 GDP Data

New Zealand posted GDP growth for Q2, with a record print for YoY growth propelling the Kiwi higher in immediate trade.

from DailyFX - Market News https://ift.tt/2XxVUH7
via IFTTT

ASX 200 Forecast: Aussie Equities Looking for Relief after Tough Start to September

The fundamental outlook for Australian equities remains bleak as China continues to weaken, iron ore prices continue to fall, and tensions rise over Covid restrictions.

from DailyFX - Market News https://ift.tt/39cKkmY
via IFTTT

Oil Price Breaks Out of Descending Channel to Approach August High

The price of oil appears to be on track to test the August high ($73.95) as crude breaks out of the descending channel from earlier this year.

from DailyFX - Market News https://ift.tt/3AfpiAd
via IFTTT

Is Russell 2000 About to Stage a Comeback? Will a Cyclical Relief Help IWM?

Cyclical relief could come soon, once the economic recovery stabilizes. This dynamic should benefit small caps and thus the Russell 2000 over the medium term.

from DailyFX - Market News https://ift.tt/3zcrAyM
via IFTTT

S&P 500 Bounces from Low but is Evergrande, FOMC Pushing a Possible Turn?

Markets have so far taken news around Evergrande in stride, but there's possible risk here, and the Fed is at a potential turn, making for tough timing.

from DailyFX - Market News https://ift.tt/3EitrWp
via IFTTT

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

from DailyFX - Market News https://ift.tt/3e44of9
via IFTTT

NZD/USD Bull Flag Formation Emerges Amid Failure to Test Monthly High

NZD/USD appears to be trading within bull flag formation as it tracks the monthly opening range for September.

from DailyFX - Market News https://ift.tt/3EnUK1q
via IFTTT

Canadian Dollar Latest: CPI Higher, CAD Faces Upside Risks

Canadian Inflation Edges Higher, CAD Muted But Oil Signals Upside

from DailyFX - Market News https://ift.tt/3hAbfxX
via IFTTT

ZAR Price Forecast: USD/ZAR Reversal Threatens Impressive YTD Performance

Bullish engulfing in USD/ZAR yesterday raises questions of a potential reversal in one of the strongest performing EM currencies this year

from DailyFX - Market News https://ift.tt/3zcJIse
via IFTTT

USD/JPY Technical Setup Dragging Along

USD/JPY is struggling to consolidate the final leg off its symmetrical pattern

from DailyFX - Market News https://ift.tt/3lliBpY
via IFTTT

Crude Oil Prices Struggle to Make Good on Supportive Backdrop

Crude oil prices are struggling to make lasting headway despite seemingly supportive macro news-flow and signs of an upside breakout in technical positioning.

from DailyFX - Market News https://ift.tt/3EiTlJF
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Advancing After UK Inflation Data

UK inflation recorded its highest jump on record last month, boosting GBP/USD as the figures focused attention again on whether and when the Bank of England will taper UK monetary policy.

from DailyFX - Market News https://ift.tt/39eXbVH
via IFTTT

US Dollar Solid as Weak Data Weighs on Risk Assets in Asia. Will EUR/USD Move Lower?

The US Dollar continued to find firmer footing following soft US CPI amid weak data through the Asian session. Will EUR/USD stay in the range or break lower?

from DailyFX - Market News https://ift.tt/3k9Kkuf
via IFTTT

How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

from DailyFX - Market News https://ift.tt/39fr3T7
via IFTTT

Gold Price Analysis: XAU/USD Gains May Not Last on Possible CPI Overreaction

Gold prices rose overnight after a weaker-than-expected US CPI figures crossed the wires. However, bets that the weak CPI is delaying balance sheet tapering may be overdone.

from DailyFX - Market News https://ift.tt/2XlxkbZ
via IFTTT

Australian Dollar Touches Session Lows on China Data Miss. Will AUD/USD Fall More?

The Australian Dollar touched session lows as Chinese retail sales and industrial production missed estimates. Will the AUD/USD fall more from here?

from DailyFX - Market News https://ift.tt/2VFyxdO
via IFTTT

Natural Gas Analysis: Price Continues to Soar as Nicholas Slams the Gulf

Natural gas prices continued their unprecedented move higher as production took additional hits with the arrival of Hurricane Nicholas.

from DailyFX - Market News https://ift.tt/3nwQiHI
via IFTTT

AUD/USD Sinks Alongside Dow Jones as Sentiment Sours, Chinese Data Eyed

The risk-sensitive Australian Dollar broke down overnight as broader market sentiment soured, dragging US stocks and Treasury yields lower. Chinese economic data is in focus as APAC trading kicks off.

from DailyFX - Market News https://ift.tt/3nvV5t9
via IFTTT

Euro Stoxx 50 & IBEX 35 Outlook: European Stocks Mixed Following US CPI Print

European indices were mixed on Tuesday as traders focused on the US CPI print. Fears over tightening from the ECB weighed on sentiment.

from DailyFX - Market News https://ift.tt/3k9o5Vi
via IFTTT

EUR/USD Snaps Monthly Opening Range After Failing to Clear July High

EUR/USD appears to have reversed course after failing to clear the July high (1.1909) as it snaps the opening range for September.

from DailyFX - Market News https://ift.tt/3Cb7Z3J
via IFTTT

Mexican Peso Retains Positive Outlook, but Near-Term Weakness Cannot Be Ruled Out

Easing inflation in the U.S. could lead the Fed to be more patient before tapering stimulus, an outcome that could weigh on the dollar and boost EMFX such as the Mexican peso in the medium term.

from DailyFX - Market News https://ift.tt/2Xk9r4x
via IFTTT

Bitcoin (BTC/USD) Forecast: Bitcoin Extends Gains Post-US CPI

Bitcoin (BTC) prices reclaim $46,000 after US CPI comes in below expectations, easing short-term speculation around Fed tapering.

from DailyFX - Market News https://ift.tt/2VHh30N
via IFTTT

S&P 500, Nasdaq, Dow Jones: Tighten After CPI, Focus on September FOMC

The Nasdaq 100 has bullish breakout potential while the Dow Jones is showing a possible downside breakout. The S&P 500 is stuck in the middle, focus is on for next week's FOMC.

from DailyFX - Market News https://ift.tt/3hvX111
via IFTTT

USD/JPY to Trade in August as US Treasury Yields Remain Afloat

The weakness in USD/JPY following the US CPI report may end up being short lived as longer-dated US Treasury yields remain afloat.

from DailyFX - Market News https://ift.tt/3zbhuhi
via IFTTT

US Dollar Drops, Gold Bounce Back on US CPI Dip

USD drops, Gold positive as US CPI dips

from DailyFX - Market News https://ift.tt/3htQuDK
via IFTTT

Market Sentiment Wobbles But Selling Stocks Only For The Brave | Webinar

Trader confidence has lessened, and some traders are now looking for safe havens, but despite the falls in US stock indexes it is far too early to assume they have peaked.

from DailyFX - Market News https://ift.tt/2VDhPf4
via IFTTT

Brent Crude Outlook: Higher Oil Prices, Hurricane Nicholas & OPEC Revises Demand Forecast

Crude oil reaches a 6-week high as Hurricane Nicholas compounds Gulf Coast production woes left by Hurricane Ida.

from DailyFX - Market News https://ift.tt/3EeWMRE
via IFTTT

EUR/USD Setup: How to Trade the US CPI Release

Three scenarios to trade EUR/USD ahead of the US CPI release

from DailyFX - Market News https://ift.tt/3nxraRg
via IFTTT

The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

from DailyFX - Market News https://ift.tt/3zaxAbg
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Benefiting From UK Jobs Data

GBP/USD is edging higher for a second day after the latest UK labor-market report showed a record rise in job vacancies, above one million for the first time since records began.

from DailyFX - Market News https://ift.tt/392Yg39
via IFTTT

Australian Dollar Sinks on RBA Outlook, Crude Oil Gains on Storm Upgrade. Markets Eye US CPI.

AUD/USD fell on RBA comments while energy markets moved higher on Hurricane Nicholas. Equities and rates are sidelined, awaiting US CPI.

from DailyFX - Market News https://ift.tt/3tDOJsE
via IFTTT

Gold Prices May Drop as US CPI Drives Fed Outlook Speculation

Gold prices may fall if higher-than-expected August US CPI data stokes bets on a relatively hawkish outing at next week’s FOMC monetary policy announcement.

from DailyFX - Market News https://ift.tt/3z3ZKol
via IFTTT

Stock Market Holiday Calendar 2020/21

What holiday-related events impact the stock market? Find out in our annual holiday calendar.

from DailyFX - Market News https://ift.tt/3q2cFE0
via IFTTT

Crude Oil, Uranium Forecast: Prices Rise on OPEC Report, Wall Street Bets Mentions

Crude and Brent oil are on track to extend higher as Gulf Coast supply disruptions and a positive OPEC report bolster sentiment. Uranium is on a massive surge, aided by the famous Wall Street Bets ...

from DailyFX - Market News https://ift.tt/3k6Codb
via IFTTT

Dow Jones, Energy Stocks, Crude Oil Rise After OPEC Report. Nikkei 225 May Gain

The Dow Jones climbed as crude oil prices boosted energy stocks after OPEC’s monthly outlook report. Ahead, the Nikkei 225 may follow Wall Street higher during Asia-Pacific trade.

from DailyFX - Market News https://ift.tt/3tG3dYR
via IFTTT

Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

from DailyFX - Market News https://ift.tt/3c9N0TK
via IFTTT

New Zealand Dollar Forecast: NZD/USD Trades Cautiously Ahead of Q2 GDP Data

The New Zealand Dollar is largely unchanged after modest gains overnight. Traders are focusing in on Q2 GDP growth data set to cross the wires later this week.

from DailyFX - Market News https://ift.tt/3lkNVoX
via IFTTT

US Dollar Moves Lower as US Federal Budget Deficit Totals $171B in August

The Federal Government budget deficit widened by $171 billion in August as the fights over the debt ceiling and infrastructure rage on.

from DailyFX - Market News https://ift.tt/3CbHMSv
via IFTTT

Key Week for Bond Yields with US CPI on Tap, Nasdaq and IEF at Risk of a Downswing?

Long-end US Treasury yields are likely to rise over the medium term. This could weigh on the Nasdaq index and trigger a sell-off in certain ETFs such as IEF or TLT.

from DailyFX - Market News https://ift.tt/3tFiI3C
via IFTTT

AUD/USD Rate to Face Contraction in Australia Employment

The update to Australia’s Employment report may drag on AUD/USD as job growth is expected to contract for the second time in 2021.

from DailyFX - Market News https://ift.tt/3nuQcQU
via IFTTT

FX Week Ahead - Top 5 Events: Canada, UK, & US Inflation Rates; Australia Jobs Report; US Retail Sales

The turn through the middle of September promises another week of important data releases.

from DailyFX - Market News https://ift.tt/3tDBzvB
via IFTTT

The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

from DailyFX - Market News https://ift.tt/325Ivoz
via IFTTT

US Dollar Price Action Setups Pre-CPI: EUR/USD, GBP/USD, USD/CAD

The US Dollar is falling after another test of resistance in the 92.80 zone, but the focus is shifting to tomorrow's CPI report.

from DailyFX - Market News https://ift.tt/3z7m40e
via IFTTT

How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

from DailyFX - Market News https://ift.tt/3qAG5Jo
via IFTTT

USD/CAD Forecast: Inverse Head-and-Shoulders Pattern Takes Shape

The break above the January high (1.2881) in USD/CAD may continue to reflect a change in the broader trend as an inverse head-and-shoulders pattern takes shape.

from DailyFX - Market News https://ift.tt/3hstZiM
via IFTTT

UPDATE: Litecoin (LTC) Reverses Surge After Walmart Tweet is Deleted

Litecoin Spikes Over 30% on Walmart Annnouncement. However, Reverses After Tweet is Deleted

from DailyFX - Market News https://ift.tt/3z5BMZJ
via IFTTT

Gold (XAU/USD) Tech Setup: Conditions for Continued Range Trading

As gold continues to see-saw around the 1800 mark we consider inflation, yields when analyzing the range trading landscape

from DailyFX - Market News https://ift.tt/3z6xGR9
via IFTTT

Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

from DailyFX - Market News https://ift.tt/3k79hqi
via IFTTT

US Dollar Price Action vs GBP/USD, AUD/USD

Early USD outperformance dissipates as risk sentiment holds up.

from DailyFX - Market News https://ift.tt/2XfFCCs
via IFTTT

DAX 30, S&P 500 Update: Bearish Pressure Builds but Equities Remain Resilient For Now

Equities start the week on a positive note after a decisive move lower last week

from DailyFX - Market News https://ift.tt/3C0MfaG
via IFTTT

British Pound Softens as Firming US Dollar Eyes CPI for Fed Clues

GBP/USD was lower in Asia as the inflation debate heats up ahead of US CPI data. Will the US Dollar drive markets and wake Sterling up?

from DailyFX - Market News https://ift.tt/3tBQ8zN
via IFTTT

Aluminum Prices Surge on Guinea Coup. Will This Last?

Aluminum prices surged after a coup in Guinea triggered fears of a disruption in critical bauxite supply. Will the spike last?

from DailyFX - Market News https://ift.tt/394bI6B
via IFTTT

As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

from DailyFX - Market News https://ift.tt/3aTc7uJ
via IFTTT

Australian Dollar Forecast: AUD/USD Traders Eye Jobs Data Amid Fragile Market Sentiment

The risk-sensitive Austrian Dollar is coming off a down week after market sentiment soured last week. AUD/USD traders are eyeing the upcoming local jobs data as risk trends remain fragile.

from DailyFX - Market News https://ift.tt/2Xb3kjg
via IFTTT

Weekly Fundamental Gold Price Forecast: The Easy Part is Over

Gold prices’ recent slump comes ahead of an expected slowdown in both fiscal and monetary stimulus out of the United States.

from DailyFX - Market News https://ift.tt/3EcFy7i
via IFTTT

Markets Week Ahead: Dow Jones, US Dollar, Crude Oil, OPEC Report, California Recall Election

Market sentiment cautiously soured as the Dow Jones weakened and the US Dollar slightly gained. Ahead, crude oil is eyeing OPEC's oil market report. Will California's recall election stir volatility?

from DailyFX - Market News https://ift.tt/3A5sOwJ
via IFTTT

S&P 500 & FTSE 100 Forecasts for the Week Ahead

Beware of the Mid-Month S&P 500 Pullback. FTSE 100 Risks Geared to a Break of 7000

from DailyFX - Market News https://ift.tt/38XfUoS
via IFTTT

Euro Forecast: EUR/USD Outlook Positive for Week Ahead, EUR/GBP Too

With this month’s meeting of the ECB’s policymaking Governing Council now out of the way, there is little to stop the Euro from appreciating as tighter Eurozone monetary policy draws closer.

from DailyFX - Market News https://ift.tt/2VDDnZc
via IFTTT

US Dollar Outlook Hinges on Inflation Report Amid Fed Blackout Period

The update to the US Consumer Price Index (CPI) is likely to sway the US Dollar during the Federal Reserve’s blackout period as the central bank braces for a transitory rise in inflation.

from DailyFX - Market News https://ift.tt/2X8V5Vi
via IFTTT

Oil Weekly Forecast: The Impact of Ida, OPEC Supply Boost and China’s Oil Reserves Auction

Brent Crude unfazed by Ida effects, OPEC’s supply boost and China’s auctioning of oil reserves as healthy demand forecasts for H2 2021 supports prices

from DailyFX - Market News https://ift.tt/3hn0a2U
via IFTTT

Oil Weekly Forecast: The Impact of Ida, OPEC Supply Boost and China’s Oil Reserves Auction

Brent Crude unfazed by Ida effects, OPEC's supply boost and China's auctioning of oil reserves as healthy demand forecasts for H2 2021 supports prices

from DailyFX - Market News https://ift.tt/3C7icOR
via IFTTT

ESG Investing Trends to Watch: Gender Diversity (SHE) Index ETF Retreats from All-Time High

ESG investing makes way for the SHE (gender diversity) index, giving a greater weighting to US corporations who promote gender equality

from DailyFX - Market News https://ift.tt/3Cf0oRZ
via IFTTT

MPs Vote To Hike NI Tax, What Does This Mean For GBP?

Will GBP see long-term effects as MPs vote to raise taxes?

from DailyFX - Market News https://ift.tt/3tvsZPC
via IFTTT

NZD/USD to Threaten Monthly Opening Range Ahead of NZ GDP Report

NZD/USD may threaten the opening range for September ahead of New Zealand’s Gross Domestic Product (GDP) report as the economy is expected to grow at a record pace.

from DailyFX - Market News https://ift.tt/38TFA5E
via IFTTT

Breaking News: Canadian Employment Change Misses Estimate, USD/CAD Reaction

Canadian employment change data confirmed an additional 90.2k jobs added to the local economy missing expectations of 100k

from DailyFX - Market News https://ift.tt/3ttmywB
via IFTTT

Australian Dollar Forecast: Remaining Bearish on AUD Rallies

AUD rises up to resistance. Remaining bearish on rallies in the AUD. Risk sentiment to dictate direction.

from DailyFX - Market News https://ift.tt/3noWWjh
via IFTTT

Crypto Latest: Ether (ETH) Leads the Losses Despite NFT Popularity, Bitcoin (BTC) Sees Higher Lows

Crypto pullback continues as buyers struggle to regain momentum to break higher

from DailyFX - Market News https://ift.tt/38SJLPa
via IFTTT

British Pound (GBP) Price Outlook: EUR/GBP May Rally, UK Inflation Looms

After Friday’s mixed bag of UK economic data, next week’s UK inflation numbers will be the likely focus for EUR/GBP traders. Inflation may well undershoot, prompting a move higher for the cross.

from DailyFX - Market News https://ift.tt/3C1vxb5
via IFTTT

Hang Seng Index Higher as Risk Turns On But AUD/USD Can’t Catch A Bid. Where To From Here?

Asian equities gained as markets turned upbeat after the leaders of the US and China had a phone call. The Australian Dollar remained trapped. Will AUD/USD continue lower?

from DailyFX - Market News https://ift.tt/3z1wG0q
via IFTTT

Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

from DailyFX - Market News https://ift.tt/3qf0a6E
via IFTTT

New Zealand Dollar Forecast: NZD/USD May Fall After Weak Economic Data

The New Zealand Dollar may see some weakness versus the US Dollar after data showed that electronic card spending fell in New Zealand last month as Covid lockdowns hit consumption.

from DailyFX - Market News https://ift.tt/3Adnsjr
via IFTTT

New Zealand Dollar Technical Analysis: AUD/NZD, EUR/NZD, GBP/NZD

NZD strength sees many Kiwi pairs making swift moves lower. These are the technical setups for AUD/NZD, EUR/NZD, GBP/NZD.

from DailyFX - Market News https://ift.tt/3tvuj5e
via IFTTT

Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

from DailyFX - Market News https://ift.tt/3uvWu3Z
via IFTTT

Mexican Peso Outlook: Choppy Price Action Likely Near-Term in USD/MXN

USD/MXN could remain anchored around current levels and trade directionless for the next couple of weeks unless a risk-off episode sparks volatility and boosts demand for safe-haven assets.

from DailyFX - Market News https://ift.tt/2X7ljag
via IFTTT

Euro Forecast: After ECB, Ranges Prevail in EUR/GBP, EUR/JPY, EUR/USD

The Euro is slightly weaker after the ECB’s ‘readjustment,’ except against the US Dollar.

from DailyFX - Market News https://ift.tt/38Wf9fQ
via IFTTT

Oil Price Trades in Monthly Opening Range as Ida Hits US Crude Data

The price of oil may continue to track the opening range for September as it struggles to push back above the 50-Day SMA ($69.93).

from DailyFX - Market News https://ift.tt/2X2Ep15
via IFTTT

How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

from DailyFX - Market News https://ift.tt/2ZL5jIR
via IFTTT

USD/ZAR Breaking News: Missed SA Manufacturing Data Halts Rand Gains

A plethora of economic data today ended in a win for rand bulls as USD/ZAR eyes 14.000, while focus shift towards Fed speeches later today.

from DailyFX - Market News https://ift.tt/3nhmNJT
via IFTTT

Gold Price Reverses Ahead of July High to Trade Back Below 200-Day SMA

The failed attempt to clear the July high ($1834) undermines the recent recovery in the price of gold as it trades back below the 200-Day SMA ($1809).

from DailyFX - Market News https://ift.tt/3A0YOSN
via IFTTT

Crude Oil Prices Drop as China Releases National Reserves

Crude oil prices have fallen back on news that China has released crude from its reserves to reduce the pressure on its companies from rising raw material prices.

from DailyFX - Market News https://ift.tt/3jU3jck
via IFTTT

Breaking: ECB to Slow PEPP Purchase Pace, EUR/USD and Bund Yields Muted

ECB to slow PEPP purchases as expected. Euro and Bund yields see muted reaction in light of expected decision.

from DailyFX - Market News https://ift.tt/3BMPZwu
via IFTTT

Solana (SOL/USD) Continues to Soar, Ethereum (ETH/USD) Consolidating Recent Flash Crash

The alt-coin market is shaking off this week's heavy sell-off with multiple coins making double-digit gains.

from DailyFX - Market News https://ift.tt/2X91y2j
via IFTTT

Euro Setup: EUR/USD, EUR/GBP Ahead of ECB

Euro traders keeping an eye on ECB as expectations for a hawkish tilt rise

from DailyFX - Market News https://ift.tt/2X5HqOl
via IFTTT

Chinese Property Giant Evergrande’s Debt Fears, Ongoing Gaming Market Shake-Up

Chinese property giant Evergrande is back in the news as fears over the size of the companies debt pile and the possible wider spread contagion effect increase.

from DailyFX - Market News https://ift.tt/3l0Has8
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Downturn to Persist

GBP/USD continues to edge lower, partly on a firm US Dollar and partly on speculation that the Bank of England may decide to offset the fiscal tightening announced by the UK Government.

from DailyFX - Market News https://ift.tt/3E3SQCY
via IFTTT

Gold Prices Erase Two-Week Rise in a Day on Fed Outlook Rethink

Gold prices tumbled, erasing two weeks of gains in a single day as the markets recalibrated Fed policy bets. The spotlight now turns to the ECB.

from DailyFX - Market News https://ift.tt/2VsNwYD
via IFTTT

Australian Dollar Hit as Market Mood Sours, ECB Taper Talk Eyed. Will Risk Appetite Return?

The Australian Dollar fell as the Fed’s Beige Book got a sombre response and a taper-minded ECB meeting came into view. Will it bring risk assets like AUD/JPY some reward?

from DailyFX - Market News https://ift.tt/3BVBIha
via IFTTT

Australian Dollar Forecast: AUD/USD Weakness Unfazed After Soft Chinese Inflation

AUD/USD weakness was unfazed following softer-than-expected Chinese CPI data. Traders will be watching for action from the PBOC in the coming weeks as bets on further stimulus gyrate.

from DailyFX - Market News https://ift.tt/3ngT4B2
via IFTTT

Natural Gas Outlook: Bias Remains Skewed Higher Amid Tightened Supply

Natural gas prices broke out to a fresh 7-year high as traders digest colder seasonal temperatures and low reserves.

from DailyFX - Market News https://ift.tt/3ngqXC2
via IFTTT

Chinese Yuan Forecast: USD/CNH Eyes China CPI, PPI Figures in APAC Trade

The Chinese Yuan is in focus as Chinese inflation and factory gate prices are set to cross the wires in today's Asia-Pacific session. The data points will likely influence near-term PBOC policy dec...

from DailyFX - Market News https://ift.tt/2WZS0H2
via IFTTT

Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

from DailyFX - Market News https://ift.tt/3sN1JLG
via IFTTT

Financials and Energy Stocks May Have Upside Potential, XLF and XLE Look Attractive

Financials and energy stocks, with cheap valuations, may offer a compelling risk/reward profile heading into the fourth quarter as the economic recovery stabilizes.

from DailyFX - Market News https://ift.tt/3l6ijDd
via IFTTT

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

from DailyFX - Market News https://ift.tt/3nTLr0h
via IFTTT

Bitcoin (BTC/USD) Finds Support above $45,000 after Steep Decline

Bitcoin (BTC/USD) falls back to $46,000 after a strong rally. Which way will crypto go?

from DailyFX - Market News https://ift.tt/3tqyn6r
via IFTTT

EUR/USD Extends Decline to Test 50-Day SMA Ahead of ECB Rate Decision

The European Central Bank (ECB) interest rate decision may do little to shore up the Euro as the Governing Council appears to be on track to retain the current policy.

from DailyFX - Market News https://ift.tt/3jSkGtR
via IFTTT

The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

from DailyFX - Market News https://ift.tt/3mk0EXh
via IFTTT

USD/JPY Trades Back Above 50-Day SMA to Clear Monthly Opening Range

USD/JPY may hold above the 50-Day SMA (110.02) ahead of the next Federal Reserve meeting as it clears the opening range for September.

from DailyFX - Market News https://ift.tt/3hewlBI
via IFTTT

Canadian Dollar Latest: USD/CAD Dips Briefly on BoC, USD Dictating Play

USD/CAD pays little attention to BoC. USD driving price action.

from DailyFX - Market News https://ift.tt/2Yx7IJP
via IFTTT

EUR/USD Outlook – Steered by the US Dollar as Notable ECB Meeting Nears

The post-NFP recovery in the US dollar continues to force EUR/USD back down to 1.1800 as the ECB finalizes its latest monetary policy decision.

from DailyFX - Market News https://ift.tt/2X4L37s
via IFTTT

Japanese Yen Forecast: USD/JPY Coiling Up For a Breakout

US rates may provide the direction for USD/JPY. Breakout risk rises.

from DailyFX - Market News https://ift.tt/3h7YIl1
via IFTTT

DAX 30 Looking Weak as General Election Looms

The DAX 30 pullback continues amid growth concerns and unclear election run-up

from DailyFX - Market News https://ift.tt/3DU1cgx
via IFTTT

Nikkei 225 Up and Yen Down on Japan PM Hopeful Talks Stimulus, USD/CAD Eyes Bank of Canada

Japan’s Nikkei 225 is nearing 30-year highs while the Yen fell onoptimism about a new Prime Minister, Will the Bank of Canada leave the USD/CAD trend intact?

from DailyFX - Market News https://ift.tt/3z3Yxxn
via IFTTT

The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT

Crude Oil, Copper and Iron Ore: US Dollar Haven Flows Pressure Commodities

Fears over an economic slowdown intensified after last week's NFP miss. The safe-haven US Dollar is putting the pressure on commodities.

from DailyFX - Market News https://ift.tt/3tm91H5
via IFTTT

AUD/USD Drop May Continue After Dovish RBA, Wall Street Losses

The risk-sensitive Australia Dollar is extending its post-RBA move lower Against the US Dollar after Wall Street stocks sold off. Today's economic docket is light, leaving prevailing risk trends in...

from DailyFX - Market News https://ift.tt/2VqiJM0
via IFTTT

Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Delta variant concerns and political considerations are changing the narrative around the BOC, RBA, and RBNZ as September begins.

from DailyFX - Market News https://ift.tt/3tlxr3g
via IFTTT

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

from DailyFX - Market News https://ift.tt/3e44of9
via IFTTT

Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

from DailyFX - Market News https://ift.tt/3kXXVUv
via IFTTT

How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

from DailyFX - Market News https://ift.tt/3nL6t1y
via IFTTT

S&P 500 Outlook: Will There Be a Market Correction in the Near-Term?

Slowing economic growth, deteriorating market breadth, elevated valuations, seasonal weakness and the prospect of higher corporate taxes pose risks to the S&P 500 in the near term.

from DailyFX - Market News https://ift.tt/3haES8M
via IFTTT

Canadian Dollar Forecast: USD/CAD Awaiting BoC Meeting

Softer risk appetite prompts USD/CAD to test short-term resistance.

from DailyFX - Market News https://ift.tt/3zURsQW
via IFTTT

USD/ZAR Breaking News: Rand Fades After Mixed South African GDP

South African GDP displayed mixed results but markets responded negatively to missed QoQ data as the rand slipped - USD/ZAR trades above 14.30.

from DailyFX - Market News https://ift.tt/3jO1ttf
via IFTTT

Gold Price Forecast: XAU/USD Bulls Struggle to Keep Bullish Trendline

XAU/USD latest price reversal puts its bullish trendline at risk if drop continues

from DailyFX - Market News https://ift.tt/3na2iPq
via IFTTT

Bitcoin (BTC) Becomes Legal Tender in El Salvador, Solana (SOL) Continues to Surge Higher

Bitcoin is now legal tender in El Salvador and the country now holds 400 BTC and is looking to buy more.�

from DailyFX - Market News https://ift.tt/3BRYAOz
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD May Suffer From UK Tax Hike Plan

GBP could come under downward pressure after its recent advance as UK PM Johnson faces a backlash from within his own party over plans to raise National Insurance to pay for health and social care.

from DailyFX - Market News https://ift.tt/3n8iYGU
via IFTTT

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

from DailyFX - Market News https://ift.tt/3chNqsL
via IFTTT

Australian Dollar Fades Knee-Jerk Rally on RBA Tapering Plan, Will AUD/USD Rise?

The Australian Dollar moved up and quickly retreated mediately after the RBA stuck with their plan for tapering in September. Will AUD/USD test resistance?

from DailyFX - Market News https://ift.tt/3n5tEGp
via IFTTT

New Zealand Dollar Sinks as US Dollar, Treasury Yields Rise. ASX 200 Eyeing RBA

The New Zealand Dollar sank as the US Dollar rose with the 10-year Treasury yield on Monday. Ahead, the ASX 200 and AUD/USD are eyeing the RBA rate decision.

from DailyFX - Market News https://ift.tt/3jOYpx3
via IFTTT

USD Bulls Extend, AUD Outlook Depends on RBA, CAD Flips to Short – COT Report

US Dollar longs hit 18-month high, Euro net longs slashed, AUD outlook depends on RBA policy path.

from DailyFX - Market News https://ift.tt/3kZKjIH
via IFTTT

How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

from DailyFX - Market News https://ift.tt/39fr3T7
via IFTTT

Crude Oil Price Under Pressure as Saudi Aramco Cuts Prices Into Asia

Crude oil prices fought against price cuts from Saudi Aramco as well as a stronger dollar today as the U.S. celebrated Labour Day, as brent crude tests $72.00 per barrel.

from DailyFX - Market News https://ift.tt/2ViqtiW
via IFTTT

What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

from DailyFX - Market News https://ift.tt/3doaAym
via IFTTT

Bitcoin (BTC/USD) Price Forecast: Boom or Bust for Bitcoin Bulls Above $52,000?

Bitcoin prices struggle to surpass $52,000 after breaking through prior resistance of $50,000.

from DailyFX - Market News https://ift.tt/3DKH3tc
via IFTTT

Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

from DailyFX - Market News https://ift.tt/2VP0mNf
via IFTTT

SA GDP Preview: SA Rand (ZAR) Strengthens to Best Level in a Month Ahead of Q2 Data

The ZAR continued to strengthen against the dollar during a relatively quiet Labor Day holiday in the US.

from DailyFX - Market News https://ift.tt/3lfRYD1
via IFTTT

The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

from DailyFX - Market News https://ift.tt/3t1RanT
via IFTTT

Gold Price (XAU/USD) Outlook: Another Test of Multi-Week Resistance

Gold perked up post-US NFPs on Friday but the precious metal is still finding it difficult to break through a multi-week resistance level.

from DailyFX - Market News https://ift.tt/3tgCBxE
via IFTTT

New Zealand Dollar Forecast: NZD/USD Rise Capped, NZD/JPY Tracking Nikkei 225 Higher

NZD/USD Advance Halted by YTD Trendline, NZD/JPY Tracking Nikkei 225 Surge

from DailyFX - Market News https://ift.tt/3h5Uhar
via IFTTT

GBP/USD Outlook: Parliament Return Could Cause GBP Weakness

As the Dollar recovers from Friday’s NFP disappointment, GBP Faces Political Turmoil as Parliament tries to deal with piling issues

from DailyFX - Market News https://ift.tt/2VibBRI
via IFTTT

US Dollar Rebounds, Pushing Crude Oil Lower. More Production To Keep a Lid Prices?

The US Dollar regained some lost ground on Monday with crude oil and gasoline lower, but aluminium at 15-year highs. Can the crude make break higher?

from DailyFX - Market News https://ift.tt/3BKZiNr
via IFTTT

Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

from DailyFX - Market News https://ift.tt/2RmYxbe
via IFTTT

Nasdaq 100 Rose After Mixed NFPs. Nikkei 225 Saw Best Week Since 2020, More Next?

The Nasdaq 100 rose as the S&P 500 and Dow Jones fell after mixed US non-farm payrolls data. Ahead, the Nikkei 225 is eyeing follow-through after the best week since May 2020.

from DailyFX - Market News https://ift.tt/3zRKVX1
via IFTTT

Australian Dollar Forecast: AUD/USD Traders Brace for RBA, Chinese Data

The Australian Dollar is looking to extend gains into a third week versus the US Dollar. However, AUD/USD faces a Reserve Bank of Australia rate decision and overbought technical indicators.

from DailyFX - Market News https://ift.tt/3yK6aZr
via IFTTT

Markets Week Ahead: Nasdaq 100, AUD/USD, RBA, EUR/USD, ECB, USD/CAD, BoC

The Nasdaq 100 shined, the US Dollar sank and gold soared after a huge non-farm payroll miss. Ahead, AUD/USD, EUR/USD and USD/CAD face the RBA, ECB and BoC rate decisions respectively.

from DailyFX - Market News https://ift.tt/3n6Evjo
via IFTTT

Equities Wobble After Extremely Disappointing NFP Headline: DAX 30, S&P 500 Key Levels to Watch

Investors weigh up tapering timeline as NFP data disappoints.

from DailyFX - Market News https://ift.tt/3yMUIwi
via IFTTT

Euro Forecast: EUR/USD Outlook Bearish, Doves to Outvote Hawks at ECB Meeting

Last week, a succession of European Central Bank hawks made clear they’d like it to tighten monetary policy, but they’ll be outnumbered by the doves this week and policy will stay just where it is ...

from DailyFX - Market News https://ift.tt/2X0dqU6
via IFTTT

Gold Price Weekly Forecast: XAU/USD Boosted by Lackluster NFP and Weaker Dollar

Dismal NFP jobs data and a weaker dollar helped boost gold prices on Friday. We take a look at the week ahead to assess whether the move is likely to gain momentum

from DailyFX - Market News https://ift.tt/3zOLfWt
via IFTTT

Gold Price Weekly Forecast: XAU/USD Boosted by Lackluster NFP and Weaker Dollar

Dismal NFP jobs data and a weaker dollar helped boost gold prices on Friday. We take a look at the week ahead to assess whether the move is likely to gain momentum.

from DailyFX - Market News https://ift.tt/3kXAQl4
via IFTTT

Canadian Dollar Forecast: Weakening US Labor Market to Weigh on USD/CAD

USD/CAD could lose further ground in the coming week on expectations that the weakening U.S. jobs market will lead the Fed to be more patient before withdrawing policy accommodation.

from DailyFX - Market News https://ift.tt/3h2Kodv
via IFTTT

US Dollar Outlook Turns Outward After NFP Miss: RBA, ECB, BoC Rate Decisions Next

The US Dollar sank after a huge non-farm payrolls miss pushed back Fed tapering bets. Ahead, the RBA, ECB and BoC rate decisions may fuel AUD/USD, EUR/USD and USD/CAD volatility.

from DailyFX - Market News https://ift.tt/3tgYUTR
via IFTTT

Bitcoin (BTC) Nears $51k, Ethereum (ETH) Probes $4k While Solana (SOL) Soars Again

The cryptocurrency market swell continues with prices across the board moving higher with potential weekend volatility ahead.

from DailyFX - Market News https://ift.tt/38HLdUk
via IFTTT

Australian Dollar Outlook: AUD/USD Turns to RBA Decision After US Non-Farm Payrolls Data

The Australian Dollar is looking to the RBA for clarity of taper timing amid diverging commodity prices and after US non-farm payrolls. Can the AUD/USD rally last?

from DailyFX - Market News https://ift.tt/3jI4rzs
via IFTTT

Non-Farm Payrolls (NFP), Bitcoin (BTC) & S&P 500 (SPX) – FinTwit Trends to Watch

Non-Farm Payroll’s (NFP) rocked financial markets with a staggering 235K print after forecasts suggested 750K. Crypto’s surged with Bitcoin (BTC) leading the charge while SPX faded.

from DailyFX - Market News https://ift.tt/3mXhQ92
via IFTTT

British Pound Forecast: GBP/USD Needs a Domestic Boost to Move Higher

GBP/USD has been boosted of late by a weak US dollar and unless Sterling can find its own catalyst the pair may find further gains hard to come by.

from DailyFX - Market News https://ift.tt/3zKIbKX
via IFTTT

US Dollar Post-NFP, ISM: EUR/USD, GBP/USD, USD/CAD

It was a busy Friday for the US Dollar, but prices caught support at a big spot as the focus shifts to next week's BoC and ECB rate decisions.

from DailyFX - Market News https://ift.tt/2YoTLxI
via IFTTT

US Dollar Drops, Gold Spikes Initially on NFP Headline Shock

A shocking headline weighs on USD, however, firm details counters USD drop

from DailyFX - Market News https://ift.tt/3yIewAL
via IFTTT

British Pound (GBP/USD) Latest: NFPs the Near-Term Driver, UK Tax Hike Talk

As traders sit and wait for the latest US jobs report, UK PM Johnson is said to be mulling a National Insurance hike.

from DailyFX - Market News https://ift.tt/3DCp73U
via IFTTT

AUD/USD Moving From One Extreme to the Next, a Classic Case of Trading NFP

AUD/USD Short Squeeze Wipes Out Bears, Eyes on RBA

from DailyFX - Market News https://ift.tt/3gZwc4X
via IFTTT

Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

from DailyFX - Market News https://ift.tt/3uVMS2I
via IFTTT

US Dollar Setup: USD/JPY, USD/CAD, EUR/USD Ahead of NFP

Bearish US Dollar positioning heading into the NFP release as ADP disappoints

from DailyFX - Market News https://ift.tt/3h16zRf
via IFTTT

Nikkei 225 Up as Japan PM Suga Quits, US Jobs Data Due. Where To For USD/JPY?

The Nikkei 225 Japanese stocks index rose while the Yen initially weakened on the news of Prime Minister Suga’s resignation. Where to for USD/JPY?

from DailyFX - Market News https://ift.tt/2WQ7xst
via IFTTT

Gold Prices May Fall on US Jobs Data Even If Payrolls Disappoint

Gold prices may drop even if nonfarm payrolls growth proves soggy as long as wage inflation remains elevated, beckoning the Fed to scale back QE and boosting the US Dollar.

from DailyFX - Market News https://ift.tt/2VauHZW
via IFTTT

How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

from DailyFX - Market News https://ift.tt/3uvBlXG
via IFTTT

Australian Dollar Technical Analysis: AUD/CAD, AUD/JPY, AUD/CHF, AUD/NZD

The Australian Dollar is pushing higher of late, reversing long-run trends. Here are technical setups for AUD/CAD, AUD/JPY, AUD/CHF, AUD/NZD

from DailyFX - Market News https://ift.tt/2VfRP9A
via IFTTT

4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

from DailyFX - Market News https://ift.tt/3spDAdO
via IFTTT

Dow Jones Gains as Crude Oil Prices Boost Energy Stocks, Hang Seng Index Eyes NFPs

The Dow Jones gained, boosted by energy stocks as WTI crude oil prices almost touched a one-month high. The Hang Seng Index confirmed a breakout above a key falling trendline from June.

from DailyFX - Market News https://ift.tt/2WOXBPW
via IFTTT

How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

from DailyFX - Market News https://ift.tt/3gYBL4D
via IFTTT

Australian Dollar Forecast: AUD/USD Eyes Domestic Data Prints Ahead of NFP

The Australian Dollar is looking to close out a bullish week of trading, with several domestic data prints on deck for Friday's Asia-Pacific session. However, the US non-farm payrolls report is key...

from DailyFX - Market News https://ift.tt/2WQmn1O
via IFTTT

How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

from DailyFX - Market News https://ift.tt/3BHFvP3
via IFTTT

Russell 2000 Extends Gains but Bullish Momentum Could Begin to Fade Soon

The Russell 2000 has rallied in recent days after climbing above the midpoint of a lateral trading range, but buying momentum could fade as price approaches a key resistance.

from DailyFX - Market News https://ift.tt/3mZedPU
via IFTTT

NZD/USD Rally Spurs Test of 200-Day SMA Ahead of US NFP Report

The US Non-Farm Payrolls (NFP) report may sway the near-term outlook for NZD/USD as the Federal Reserve carries out an outcome-based approach for monetary policy.

from DailyFX - Market News https://ift.tt/3jFIqkZ
via IFTTT

US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, AUD/USD

Tomorrow is the big day and NFP will be released at 8:30 AM ET: Will the Fed get what they need to mark 'significant further progress' in the labor market?

from DailyFX - Market News https://ift.tt/3yFafOs
via IFTTT

AUD/USD Breaks Out of Descending Channel to Trade Above 50-Day SMA

AUD/USD may stage a larger recovery over the remainder of the week as the exchange rate trades above the 50-Day SMA (0.7375) for the first time since June.

from DailyFX - Market News https://ift.tt/3BCDjYO
via IFTTT

NZD/USD Faces Key Resistance As Bullish Momentum Ripens

NZD/USD attempting to break out of its key resistance area after an impressive bullish run

from DailyFX - Market News https://ift.tt/3gWDZAu
via IFTTT

USD/ZAR Forecast: Rand Back on Top as Best Performing EM Currency

The rand has exhibited a strong few weeks as it becomes the best performing emerging market currency against the dollar YTD, but has this ZAR rally run out of steam? Markets look to NFP’s for guida...

from DailyFX - Market News https://ift.tt/38ylFJl
via IFTTT

US Dollar Price Action: USD Selloff, AUD/USD Shorts Covered, EUR/USD Upside Stalls

USD selling off into NFP, AUD negatives in the price, EUR setting up for ECB dove trap?

from DailyFX - Market News https://ift.tt/3jBnHP3
via IFTTT

Bitcoin (BTC/USD) Punching Through $50k, Ethereum (ETH/USD) Hits Another Multi-Month High

The cryptocurrency market is in full swing with prices across the board showing hefty gains, led by Bitcoin breaking back above $50k.

from DailyFX - Market News https://ift.tt/3BzVr5Q
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD, EUR/GBP Both Close to Reversing

GBP continues to move in opposite directions against USD and EUR: gaining against the Dollar but weakening against the Euro. However, resistance is nearing and both trends could soon reverse.

from DailyFX - Market News https://ift.tt/3jyR6to
via IFTTT

Australian Dollar Gassed Up But Iron Ore Drop Aborts Lift Off. Where To for AUD/USD?

AUD/USD tried to go higher today on good data news but iron ore is moving lower while other commodities firm up. Which way will AUD/USD go?

from DailyFX - Market News https://ift.tt/2V9Wslx
via IFTTT

Crude Oil Prices May Drop Back From $70 on US Jobs Report

Crude oil prices may turn lower having rebounded toward the $70/bbl figure if US jobs data flags a slowdown in hiring even as wage inflation remains elevated.

from DailyFX - Market News https://ift.tt/3gW1EAX
via IFTTT

Gold Price Forecast: XAU/USD Eyes Covid, Initial Jobless Claims as NFP Nears

Gold traders have the US jobs market in tight focus as rising Covid cases boost the yellow metal's safe-haven appeal. Initial jobless claims will offer the last hint on the US labor market before F...

from DailyFX - Market News https://ift.tt/2WIrwJB
via IFTTT

S&P 500 Supported by Real Estate, Nikkei 225 Eyes Falling Triangle Chart Pattern

The S&P 500 ended flat, supported by the real estate sector after a soft ADP jobs report sent investors into tech stocks. The Nikkei 225 is eyeing a Descending Triangle chart pattern.

from DailyFX - Market News https://ift.tt/3zPBJlO
via IFTTT

British Pound Technical Analysis: GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD

The British Pound has been mixed in 2021 against it’s G10 peers. Here are technical setups for GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD.

from DailyFX - Market News https://ift.tt/2YaDrjQ
via IFTTT