US Dollar Holds Gains as Japan Boosts and China PMI Weighs. USD Volatility Ahead?

The US Dollar had some gains going into month end and a generally positive day for markets saw it maintain those levels. Can it keep going higher?

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

Gold Prices Drop Before Key FOMC Meeting, ISM Data May Add Pressure

Gold prices may extend lower if ISM data stokes fears of stagflation and bolsters bets on a hawkish turn at this week’s pivotal FOMC monetary policy announcement.

from DailyFX - Market News https://ift.tt/3w5pvos
via IFTTT

Nikkei 225 Index Leaps as LDP Election Win Opens Stimulus Plans. Where will Nikkei 225 land?

Japan's Nikkei 225 index opened higher after the Japanese election result delivered a decisive majority to the incumbent LDP party. Will Nikkei 225 hold?

from DailyFX - Market News https://ift.tt/3BC0pON
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

Markets Week Ahead: Dow Jones, US Dollar, Gold, British Pound, Fed Taper, NFPs, BoE Hike?

The Dow Jones, S&P 500 and Nasdaq 100 hit records highs despite Fed QE tapering being just around the corner. Is volatility about to rise? The British Pound is eyeing the BoE, where the central ban...

from DailyFX - Market News https://ift.tt/31nlEYB
via IFTTT

Weekly Fundamental Gold Price Forecast: Hawkish Central Banks a Hurdle

Gold prices are facing difficulties in the coming days as more and more central banks take a hawkish turn.

from DailyFX - Market News https://ift.tt/2ZDzk0o
via IFTTT

US Stock Rally Braces for Fed to Gradually Taper QE Program

The Federal Reserve interest rate decision may influence the US stock market as the central bank prepares to scale back monetary support.

from DailyFX - Market News https://ift.tt/3w5adjh
via IFTTT

Euro Forecast: EUR/USD Rally More Likely After Traders Ignore Dovish Lagarde

The reaction in the FX markets to last Thursday’s comments by the ECB President was odd: she was dovish, yet the Euro climbed. That suggests more near-term upside for the currency.

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

Crude Oil Outlook: Oil Prices Remain Supported Ahead of OPEC+

Oil prices continue to rise as fundamental factors weigh on supply. Rising channel continues to hold bulls at bay

from DailyFX - Market News https://ift.tt/3BoaI9e
via IFTTT

US Dollar Forecast: Fed QE Taper, Non-Farm Payrolls, Wall Street Volatility Risk

The US Dollar rose as markets await the Fed, the start of QE tapering and NFPs. Still, USD has broadly underperformed in October, it might have its chance to shine next.

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

Bitcoin (BTC) Steadies Around $61k, Ethereum (ETH) Posts a New All-Time High

The cryptocurrency market is back on the front foot and pushing higher after a mid-week clear out and both Ethereum and Bitcoin look good to move even higher.

from DailyFX - Market News https://ift.tt/3CHYF8p
via IFTTT

Australian Dollar Outlook: RBA in Focus as Commodities Fade. Where to for AUD/USD?

The Australian Dollar found support from a yield uptick on RBA inaction, but commodity weakness kept a lid on it. Will yield or commodities drive AUD/USD?

from DailyFX - Market News https://ift.tt/3vZPKN2
via IFTTT

GBP Forecast: Bank of England Seen Raising Rates, GBP/USD at Risk

BoE seen raising rates, however, high bar for hawkish surprise sets up GBP disappointment

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

Shiba Inu (SHIB), Spot Gold (XAU/USD) & NASDAQ 100 Index (NDX) – FinTwit Trends to Watch

Fintwit has been inundated by tweets around the exceptional rise of Shiba Inu (SHIB), spot golds failure to break above $1800 and NDX on the cusp of potential reversal.

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

Gold Price Forecast: Gold Bears Push Break Ahead of the Fed - XAU/USD Levels

Gold prices are breaking down this morning after falling from a rising wedge formation, a pattern often approached with the aim of bearish reversals. Next week brings FOMC.

from DailyFX - Market News https://ift.tt/3nEveh4
via IFTTT

US Dollar Gets a Small Bid on PCE Release, Employment Costs Rise

The US dollar moved a fraction higher on the US PCE release as employment costs move ever higher.

from DailyFX - Market News https://ift.tt/3ErXRol
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

British Pound (GBP) Outlook Increasingly Uncertain on Fish Wars and BoE/Fed Decisions

The British Pound is currently shrugging off an increasingly acrimonious UK/France fishing dispute but important BoE and Fed meetings next week will be the main drivers of GBP/USD's fortunes

from DailyFX - Market News https://ift.tt/3pNKE57
via IFTTT

US Dollar Price Action Set-Up: Euro Bounce Back, Month-End Rebalancing Eyed

Euro bounces as Lagarde fails to push back on market pricing. USD risks stemming from month-end rebalancing.

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

Australian Dollar Leaps on Yield Snap Ahead of RBA, BoE and Fed. Can AUD/USD Move Up?

The Australian Dollar is testing new highs as domestic yields have risen sharply on the RBA letting go of a key bond rate. Where to for AUD/USD?

from DailyFX - Market News https://ift.tt/3pK0VIx
via IFTTT

Gold Prices at Risk, Eyeing the Fed’s Key Inflation Gauge. Will XAU/USD Clear Support?

Gold prices consolidated despite the US Dollar falling on softer GDP data. XAU/USD may be at risk if the Fed’s preferred gauge of inflation surprises higher to wrap up the week.

from DailyFX - Market News https://ift.tt/3EuqAsz
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

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 at Risk as AMZN, AAPL Earnings Miss. NZD/USD Eyes Resistance

The sentiment-linked New Zealand Dollar gained as the Dow Jones and S&P 500 climbed. But, soft Amazon and Apple earnings risk evaporating NZD/USD’s progress during Asia-Pacific trade.

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

Swiss Franc Technical Analysis: AUD/CHF, CAD/CHF, CHF/JPY

Multiple Swiss Franc crosses find themselves at key "make or break" technical points. These are the technical setups that matter for AUD/CHF, CAD/CHF, and CHF/JPY.

from DailyFX - Market News https://ift.tt/3nGg2zU
via IFTTT

Nasdaq 100 Hits Record High as U.S. Stocks Power Higher on Solid Corporate Earnings

After a sluggish performance on Wednesday, the Nasdaq 100 rallied on Thursday to a record close, supported by stellar corporate earnings and increased risk appetite.

from DailyFX - Market News https://ift.tt/3w1vrP5
via IFTTT

Luckbox Leans In With Stephanie Kelton

Stephanie Kelton is a rarity among scholars of economics. Instead of confining her ideas to a college lecture hall, she’s moved onto the world stage.

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

Amazon, Apple Earnings – Stock Prices Fall After The Bell as Numbers Disappoint

Amazon and Apple stock prices fell after the companies reported disappointing earnings figures; Q4 guidance for Amazon came in well below Wall Street estimates.

from DailyFX - Market News https://ift.tt/3pMDM89
via IFTTT

3 Key Tips to Becoming A Successful Trader

Whether you are an experienced or first-time trader, there are certain patterns to follow that can separate you from being a profitable trader or one that loses money.

from DailyFX - Market News https://ift.tt/3mm8fI2
via IFTTT

EUR/USD Rate Marks Largest One-Day Rally Since May on Hawkish ECB

EUR/USD may stage a larger advance following the ECB rate decision as the exchange rate marks the largest one-day rally since May.

from DailyFX - Market News https://ift.tt/30ZTHFN
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/3jMgbke
via IFTTT

Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD

The Canadian Dollar caught a jolt yesterday from the BoC. CAD/JPY and EUR/CAD may be well positioned to take advantage of this theme.

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

The Race to a Billion: Men Versus Women

Who reaches billionaire status sooner, men or women? Our report analyzes the top billionaires in the world to find out.

from DailyFX - Market News https://ift.tt/3nx13bw
via IFTTT

Gold Price Susceptible to Rebound in US Treasury Yields

Lack of momentum to hold above the 200-Day SMA ($1792) may spark a near-term decline in the price of gold like the price action seen earlier this year.

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

US GDP Data Disappoints as Consumer Spending Slows in Q3

The first glimpse at US GDP for Q3 has reflected a slow down in consumer spending

from DailyFX - Market News https://ift.tt/2ZtmTV9
via IFTTT

ECB Breaking News: EUR/USD Ticks Lower as Dovish ECB Holds Rates, Stage Set for December

The ECB decided to expectedly keep rates steady at 0% thus sustaining the supportive environment for the EU economy. EUR/USD fell slightly as markets look forward to Euro core inflation and GDP tom...

from DailyFX - Market News https://ift.tt/3pM4Wwa
via IFTTT

ECB Breaking News: EUR/USD Ticks Lower as Dovish ECB Holds Rates, Stage Set for December

The ECB decided to expectedly keep rates steady at 0% thus sustaining the supportive environment for the EU economy. EUR/USD fell slightly as markets look forward to Euro core inflation and GDP tom...

from DailyFX - Market News https://ift.tt/3pMofW6
via IFTTT

Australian Bond Carnage, YCC Under Threat, GBP/JPY Month-End Boost

RBA tested on Yield Curve Control, GBP/JPY month-end effect, Euro technicals.

from DailyFX - Market News https://ift.tt/3GoSUi5
via IFTTT

US Dollar DXY Watching Short-End Treasury Yields and Advanced Q3 GDP

TheUS dollar basket (DXY) has seemingly found support around 93.50 ahead of the first look at US Q3 GDP.

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

USD/MXN Forecast: Yields, Fed, and Banxico in Focus

The bearish reversal in USD/MXN has come to a halt but bulls face a tough resistance up ahead

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

British Pound (GBP) Price Outlook: EUR/GBP Downside Risk as ECB Meets

This session’s monetary policy announcement by the European Central Bank will dominate trading in EUR/GBP near term, and there’s a risk the pair will fall as the ECB stays determinedly dovish.

from DailyFX - Market News https://ift.tt/3bg0Kfu
via IFTTT

Gold Prices at Risk with US GDP in the Spotlight Before Upcoming FOMC

Gold prices are looking to third-quarter US GDP data to help set the stage for next week’s pivotal FOMC meeting. Chart positioning hints that a downturn may be brewing.

from DailyFX - Market News https://ift.tt/2ZpQL4C
via IFTTT

Australian Dollar Poised as Yields Roar and Oil Sinks. Will AUD/USD Get Going?

The Australian Dollar has been sidelined in an action-packed day in Asia, with central banks lining up to tighten. Can AUD/USD break out of the doldrums?

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

Crude Oil Forecast: WTI Eases on Iranian Supply Prospects, US Inventory Build

Oil prices are on the move lower after traders digested a higher-than-expected US inventory build. Moreover, Iran-EU nuclear talks are set to restart, which may eventually see US sanctions removed.

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

Bank of Japan (BoJ) Preview: Outlook Report to Provide Fresh Update

The Bank of Japan is set to hold their monetary meeting across 27 – 28 October 2021, as markets look towards its outlook report for guidance.

from DailyFX - Market News https://ift.tt/2XQaeef
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 Gains After Tech Stocks Rise on Wall Street, BoJ Eyed

The Australian Dollar is up versus the US Dollar as rosy sentiment sees Wall Street traders bid tech stocks higher. The Bank of Japan rate decision and Australian export/import prices are in focus.

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

USD/BRL Points Lower as Brazilian Central Bank Raises Selic Rate by 1.5%

The Central Bank of Brazil hiked the national Selic rate by a record 150 basis points as rampant inflation sweeps across the country.

from DailyFX - Market News https://ift.tt/3CoXEl8
via IFTTT

Trading the Digital Yuan: The first central bank-backed digital currency

The digital yuan (aka eCNY) is already being tested in mainland China, and the upcoming release of this new blockchain-enabled central bank digital currency (CBDC) is poised to further disrupt inte...

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

Canadian Dollar Price Forecast: USD/CAD remains rangebound after BoC rate decision

Bank of Canada (BoC) holds rates steady at 0.25%, USD/CAD remains in a well-defined range ahead of next week’s FOMC meeting minutes

from DailyFX - Market News https://ift.tt/3Ch9uxP
via IFTTT

Oil Price Susceptible to Larger Pullback as RSI Sell Signal Emerges

The price of oil may face a larger pullback over the remainder of the month as the RSI falls back from overbought territory to indicate a textbook sell signal.

from DailyFX - Market News https://ift.tt/3ErhP2J
via IFTTT

Bitcoin Outlook: BTC/USD Boom or Bust as Prices Retreat From ATH?

Bitcoin prices have retreated from the recent fresh ATH as the battle between regulations and an increase in institutional adoption persists

from DailyFX - Market News https://ift.tt/3bjNN4p
via IFTTT

The Race to a Billion: Men Versus Women

Who reaches billionaire status sooner, men or women? Our report analyzes the top billionaires in the world to find out.

from DailyFX - Market News https://ift.tt/2ZoP2wo
via IFTTT

USD/JPY Correction to Persist Amid Weakness in US Treasury Yields

USD/JPY may continue to consolidate ahead of the Federal Reserve rate decision on November 3 as the 10-Year Treasury yield weakens for the fourth consecutive day.

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

USD/CAD Breaking News: Hawkish Surprise as Bank of Canada Holds Rates Steady

USD/CAD fell on the back of the Bank of Canada expectedly maintaining rates at current levels however, the a surprise end to the QE program prompted CAD buyers to extend the recent downtrend.

from DailyFX - Market News https://ift.tt/2ZniN0C
via IFTTT

Why Gold Appears Unresponsive to Inflation Fears & Tech Levels That May Change That

The yellow metal is poised for another boost, however, this is largely contingent on the magnitude of central bank response to inflation expectations

from DailyFX - Market News https://ift.tt/3GrOc32
via IFTTT

USD Faces Short-Term Month-End Hurdle, AUD/USD Topside Struggles

USD at risk of month-end selling, while AUD/USD fails to hold onto inflation inspired gains

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

EUR/GBP Likely to be Choppy as BOE-ECB Risks Unfold

EUR/GBP likely to remain in a noisy range amid key central bank meetings

from DailyFX - Market News https://ift.tt/2XNl4le
via IFTTT

Bitcoin (BTC), Ethereum (ETH) Slump, Alt-Coins Hit Hard

The cryptocurrency market is trying to recover from an early morning sell-off that sent prices plummeting across the board.

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

GBP/AUD Price Outlook: Nearing Support After Sharp Falls, Inflation Jitters in Focus

GBP/AUD has fallen steeply in recent weeks but is now approaching an important band of support as inflation concerns dominate global currency trading.

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

Gold Price Chart Hints at Turn as Inflation Fears Crop Up on Earnings Calls

Gold price chart positioning hints a downturn may be ahead as worries about inflation crop up on Q3 corporate earnings calls, stoking Fed tightening speculation.

from DailyFX - Market News https://ift.tt/3pE8YXh
via IFTTT

Crude Oil Prices Hold Lofty Levels as US Dollar Softens on Rising Inflation and Yields. Where to for WTI?

WTI crude oil has managed to maintain high prices at a time when inflation concerns are growing. Will it keep going to drive up inflation even further?

from DailyFX - Market News https://ift.tt/3mdnK53
via IFTTT

Australian Dollar Jumps as RBA Preferred CPI Beats Estimates. Can AUD/USD Go Higher?

The Australian Dollar reacted to 3rd quarter CPI numbers by immediately testing the upper bound of the recent range. Will AUD/USD resume the trend?

from DailyFX - Market News https://ift.tt/3vMqHNh
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

Nasdaq 100 Edges Higher as Microsoft, Alphabet, Twitter Report Earnings

Nasdaq 100 stocks continue to power higher as sentiment remains strong with earnings season in full swing.

from DailyFX - Market News https://ift.tt/3mji5L2
via IFTTT

Dow Jones Ekes Out Record Close as Earnings Boost Optimism. Will the Rally Continue?

The Dow Jones could have more upside potential in the near term as the fundamental outlook becomes more positive and the technical picture remains bullish.

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

NZD/USD Rate Rebound Mired by RSI Sell Signal

The Relative Strength Index (RSI) indicates a larger pullback in NZD/USD as the oscillator falls back from overbought territory to offer a textbook sell signal.

from DailyFX - Market News https://ift.tt/3Biwr28
via IFTTT

Gold Price Forecast: Ahead of the Fed, the Gold Coil Continues

Gold prices are still digesting more than 14 months after setting the ATH. Next week's Fed meeting and the way that Gold behaves around that is key for future trends.

from DailyFX - Market News https://ift.tt/30Tzod4
via IFTTT

EUR/USD Rate Consolidates with ECB Interest Rate Decision on Tap

The ECB interest rate decision may sway the near-term outlook for EUR/USD if the Governing Council adjusts the forward guidance for monetary policy.

from DailyFX - Market News https://ift.tt/3Gm7xT7
via IFTTT

Return to Normalcy Harkens Shift in Retail Trading Era

It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re...

from DailyFX - Market News https://ift.tt/3Ba0CcF
via IFTTT

USD Holds Steady, US Consumer Confidence Shows Surprise Increase

US Consumer Confidence Halts Three Month Decline. USD Steady Ahead of ECB, BoC and month-end

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

Market Sentiment Positive, Stocks Benefit While US Dollar Eases | Webinar

Trader confidence remains high and that means current trends, in particular stronger stock markets and a weaker US Dollar, will likely persist for a while yet.

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

USD Sold, GBP/USD Flips Net Long & CAD Buying Boosted – COT Report

USD sold for second consecutive week, asset managers seek GBP ahead of possible BoE rate rise. CAD longs jump.

from DailyFX - Market News https://ift.tt/30SAhCG
via IFTTT

Canadian Dollar Outlook: Bank of Canada will Drive the Next Move in USD/CAD

The Bank of Canada is fully expected to leave rates untouched tomorrow, but traders should be wary of official inflation and bond-buying commentary.

from DailyFX - Market News https://ift.tt/2Zs0YO8
via IFTTT

Crypto Update: Bitcoin (BTC) and Ethereum (ETH) Aim for ATH as Rally Continues

Cryptos are back on the rise as investors continue to buy the dip ahead of new all-time highs

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

British Pound (GBP) Price Outlook: GBP/USD Gains Unlikely Ahead of BoE Rate Decision

GBP/USD continues to trade just under the psychologically important 1.38 level, with further upside limited ahead of the Bank of England’s next interest rate decision on November 4.

from DailyFX - Market News https://ift.tt/3Bfgt9c
via IFTTT

Australian Dollar Skips Up on Soft US Dollar and Positive Risk. Will it Go Higher?

The Australian Dollar moved higher today as risk assets appreciated on solid company earnings reporting a thawing of China/US relations. Can AUD/USD keep going?

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

Gold Prices Eye Consumer Confidence Data as Technical, Positioning Signals Clash

Gold prices rallied to wrap up Monday ahead of key US CB Consumer Confidence data. Technical analysis hints at near-term weakness, but retail trader positioning says otherwise.

from DailyFX - Market News https://ift.tt/3GfzD2m
via IFTTT

Copper Price Rallies on Shrinking Chinese Inventories, Supply Chain Bottlenecks

Copper prices declined on lower than expected inventories in Shanghai warehouses on Monday as fears over a global supply shortage take center stage.

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

Nasdaq 100 Leads Monday Rebound as Facebook Posts Mixed Q3 Earnings

Tech stocks outperformed on Monday as Tesla shares gained over 12%, pushing the company's market capitalization over $1 trillion. Facebook missed analyst expectations on the top line.

from DailyFX - Market News https://ift.tt/3pC7nBd
via IFTTT

S&P 500 Notches Record Close as Strong Earnings Ease Worries, XOP hits 52-week high

S&P 500 closes at an all-time high, bolstered by solid corporate results ahead of big tech earnings. Meanwhile, the XOP ETF hits a 52-week high, boosted by strength in commodity prices.

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

S&P 500 and Nasdaq 100 Gain for Fourth Day in a Row as Traders Await Key Earnings

S&P 500 closes at an all-time high, bolstered by solid corporate results ahead of big tech earnings. Meanwhile, the XOP ETF hits a 52-week high, boosted by strength in commodity prices.

from DailyFX - Market News https://ift.tt/3mdV5Nb
via IFTTT

Oil Price Outlook: US Crude (WTI) Oil, COP26 & the Energy Crisis

Coal and gas shortages continue to support the bullish trend as the battle between energy prices and climate persists

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

FX Week Ahead - Top 5 Events: Australia CPI; BOC, BOJ, ECB Rate Decisions; US GDP

The end of October brings forth several central bank rate decisions and initial 3Q’21 GDP releases from G10 economies.

from DailyFX - Market News https://ift.tt/3E9SSbG
via IFTTT

AUD/USD Rate Recovery to Face Slowdown in Australia CPI

The update to Australia’s CPI may do little to derail the rebound in AUD/USD as the report is anticipated to reinforce expectations for a transitory rise in inflation.

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

Tesla Stock up Nearly 11% After Hertz Order of 100,000 Cars

Tesla and Hertz Corporation announced a ground breaking deal Monday, pushing the EV market into the previously untapped rental space.

from DailyFX - Market News https://ift.tt/3CfUgt1
via IFTTT

S&P 500, Nasdaq, Tesla & USD Forecasts: A Big Week for Markets

It's a huge week for markets, and next week brings the Fed's expected tapering announcement.

from DailyFX - Market News https://ift.tt/3E91wHw
via IFTTT

USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision

The Bank of Canada (BoC) interest rate decision may influence the near-term outlook for USD/CAD if the central bank alters the course for monetary policy.

from DailyFX - Market News https://ift.tt/3b8nWfz
via IFTTT

Why COP26 Matters for Markets

Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.

from DailyFX - Market News https://ift.tt/3Gn2G43
via IFTTT

DAX 40, S&P 500 Technical Forecasts: Bullish Momentum Builds

Strong earnings and upbeat market mood are helping global stocks regain bullish momentum

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

Gold Price Rally May Have More to Go in The Short-Term

The short-term outlook for gold is looking more positive with last Friday's spike high coming under threat, but strong resistance nears.

from DailyFX - Market News https://ift.tt/2Zj9GOk
via IFTTT

US Dollar Price Action Set-Up: EUR/USD, GBP/USD, USD/CAD

USD challenging support. Euro gains curbed at former YTD. GBP eyes BoE Speech.

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

Crude Oil Jumps Up as US Dollar Weakens and Powell Alters Course. Can Oil Go Higher?

WTI and Brent crude oil both hit lofty levels today as inflation is acknowledged as being more persistent than previously thought. Will crude continue higher?

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

What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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

US Dollar Forecast: Turning Point Reached? USD/SGD, USD/THB, USD/IDR, USD/PHP

The US Dollar might be stabilizing against ASEAN currencies as inflationary woes resurface ahead of GDP and PCE data. Amazon, Apple and Facebook earnings may also drive sentiment ahead.

from DailyFX - Market News https://ift.tt/3b6VQBt
via IFTTT

Weekly Fundamental Gold Price Forecast: Rising Inflation Expectations Buoy Bullion

Gold prices’ recent gains have come on the back of rising inflation expectations outpacing bond yields.

from DailyFX - Market News https://ift.tt/3mame3H
via IFTTT

Markets Week Ahead: Nasdaq 100, Tech Earnings, Euro, ECB, Canadian Dollar, BoC, Yen, BoJ

Despite jitters on Friday, the Nasdaq 100, S&P 500 and Dow Jones finished higher last week. Highly-anticipated tech earnings are ahead, including those from Amazon and Apple. All eyes are on the EC...

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

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

US equities back to record highs, but inflation concerns remain. FTSE eyeing EU-UK spat.

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

US Dollar Outlook: USD, USD/JPY, EUR/USD Key Levels

USD faces headwinds as the combination of fundamental and technical levels push the dollar to key levels against major currency pairs

from DailyFX - Market News https://ift.tt/30MnvWk
via IFTTT

Canadian Dollar Forecast: USD/CAD Drop Supported by Crude Oil, Will BoC Disappoint?

The Canadian Dollar remains supported amid elevated crude oil prices. Don't be surprised if the Bank of Canada disappoints aggressive hawkish expectations. Earnings season is a wildcard.

from DailyFX - Market News https://ift.tt/3Gked4q
via IFTTT

Euro Forecast: ECB Meeting Will Aim to Keep EUR/USD Stable, All Settings Unchanged

The European Central Bank will consider it a job well done if there is no movement in EUR/USD or the Euro crosses before, during or after Thursday’s policy announcements by its Governing Council.

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

US Dollar Forecast: Greenback Vulnerable to Slowdown in US GDP

The update to the US GDP report may keep the Greenback under pressure as signs of a slowing recovery undermines speculation for an imminent shift in Fed policy.

from DailyFX - Market News https://ift.tt/3noUis2
via IFTTT

Bitcoin (BTC), Ethereum (ETH) Pare Recent Heavy Gains, Solana (SOL) Keeps on Rallying

The cryptocurrency market is ending the week on a mildly cautious note but the outlook remains positive.

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

Why COP26 Matters for Markets

Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.

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

Australian Dollar Outlook: AU-US Yield Spreads the Driver, Will it Steer AUD/USD Up?

The Australian Dollar ran up on widening yield differentials and commodity tailwinds. If those conditions ease, where will that leave AUD/USD?

from DailyFX - Market News https://ift.tt/3E6LKgf
via IFTTT

British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data

November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.

from DailyFX - Market News https://ift.tt/3jrh2qy
via IFTTT

British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data

November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.

from DailyFX - Market News https://ift.tt/3nlY4T8
via IFTTT

Spot Gold (XAU/USD), ECB & S&P 500 INDEX (SPX) – FinTwit Trends to Watch

Key levels are being tested across financial markets as Fintwit focusses on spot gold, the upcoming ECB rate decision and record highs displaying on the S&P 500 index with earnings season in full s...

from DailyFX - Market News https://ift.tt/3jst8j0
via IFTTT

USD/JPY Rate on Track for Three-Day Decline as RSI Sell Signal Emerges

USD/JPY may face a larger pullback over the remainder of the month as the Relative Strength Index (RSI) offers a textbook sell signal.

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

US Dollar Correction Persists, US PMIs Mixed

US Dollar Hovers Over Weekly Lows as Selling Persists.

from DailyFX - Market News https://ift.tt/3ElJzG3
via IFTTT

South African Rand Dollar Update: Evergrande, Commodities & Key Levels for USD/ZAR

USD/ZAR falls to critical support after Evergrande payment and commodity prices boost demand for the South African Rand

from DailyFX - Market News https://ift.tt/3jqUcPP
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

British Pound Outlook Undecided after BoE’s Inflation Warning and Mixed UK Data

The Bank of England's chief economist Huw Pill has warned that inflation could hit 5% in the coming months, leaving the UK rates markets on edge

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

EUR/USD Eyeing Former YTD Low, EUR/GBP Maintains Range, EU PMIs Mixed

USD softness taking EUR/USD back to former YTD low. EUR/GBP rises on receding tightening BoE bets

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

Australian Dollar Holds Ground as Evergrande Makes a Payment. Can AUD/USD Move Up?

The Australian Dollar found support after Evergrande made a coupon payment to turn market sentiment more positive. Will AUD/USD make a new high?

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

Gold Prices Look to Real Rates as November FOMC Nears, PMI Data Due

Gold prices are looking to real interest rates for direction as markets weigh the rise in nominal yields and inflation expectations ahead of November’s FOMC meeting. PMI data is due.

from DailyFX - Market News https://ift.tt/3prJ0pY
via IFTTT

Japanese Yen, US Dollar Gain Amid Inflation Woes. Will USD/JPY, AUD/JPY Reverse?

The Japanese Yen and US Dollar gained as inflation woes dampened risk appetite. Soft Snap Inc. and Intel earnings weakened the Nasdaq 100. Are USD/JPY and AUD/JPY reversing?

from DailyFX - Market News https://ift.tt/2Xy8V3u
via IFTTT

S&P 500 Notches Fresh Record Close, Snapchat & Intel Retreat on Earnings Disappointments

The S&P 500 tallied its first record close since September 2nd, with the index currently on a seven day streak of gains.

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

Mexican Peso Outlook: USD/MXN Stalls at Support and Climbs Higher. Now What?

The USD/MXN sell-off has come to a screeching halt after price failed to break a key support, but to rejuvenate bullish momentum, the pair needs toovertake the 20.45 resistance decisively.

from DailyFX - Market News https://ift.tt/3GbGPg4
via IFTTT

Bitcoin Outlook: BTC/USD Bulls Take a Breather After Fresh ATH

After the release of the BITO ETF drove Bitcoin prices to new highs, BTC/USD are starting to pull back.

from DailyFX - Market News https://ift.tt/3E6hv98
via IFTTT

Yen Pullback Begins: EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY

The Yen sell-off has been a freight train with a minimum of pullback so far in Q4: Until today.

from DailyFX - Market News https://ift.tt/3jnmc6W
via IFTTT

USD/TRY Spikes After Turkish Central Bank Delivers Larger Than Expected Cut

USD/TRY hits a fresh record high after a 200bps rate cut vs 50-100bps cut expected.

from DailyFX - Market News https://ift.tt/3m8Mzzj
via IFTTT

Bitcoin’s All-Time High Sparks Life Into The Alt-Coin Market, Solana Pumps

The alt-coin market is registering strong gains this morning after Bitcoin's recent ATH lifts the market across the board.

from DailyFX - Market News https://ift.tt/3B4uO8l
via IFTTT

Australian Dollar Forecast: AUD/USD Reversal Levels, AUD/JPY at the Extremes

Further AUD/USD upside facing challenges, AUD/JPY extreme raises the risk of a pullback.

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

Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes

Throughout the third quarter, there had been somewhat of a reversal in the reflation trade as concerns over the peak in the global growth lingered, alongside the continued spread of the Delta variant.

from DailyFX - Market News https://ift.tt/2WA8Hsg
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Struggling to Break Above 1.38

GBP/USD continues to wrestle with the psychologically-important 1.38 level, which is providing near-term resistance. Meanwhile, UK public sector net borrowing (PSNB) data were better than expected.

from DailyFX - Market News https://ift.tt/3C1i8jO
via IFTTT

Japanese Yen Leaps Higher as Nikkei Falls and China Looks for Energy Answers. Will the Trend Resume?

The Japanese Yen paused on its recent weakening trend and the Nikkei 225 responded by selling off. Will USD/JPY keep the trend intact?

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

AMD Share Price: What to Expect from Q3 Results

AMD’s share price has surged close to 9.5% over the past week. Can its upcoming Q3 results lead to a new record high for its share price?

from DailyFX - Market News https://ift.tt/3G3kMbr
via IFTTT

Crude Oil Forecast: Price Sets Fresh High as Bulls Eye More Upside

Crude oil is breaking into fresh seven-year highs as supply continues to tighten amid rising demand. Bulls are in firm control with their sights set higher.

from DailyFX - Market News https://ift.tt/3naWbc4
via IFTTT

Gold Prices Drives Up the Range as US Dollar Wallows. Can XAU/USD Make a Breakout?

Gold prices have moved slightly higher on US Dollar weakness, but face headwinds as other assets become attractive. Is there enough lustre for gold to go higher?

from DailyFX - Market News https://ift.tt/3AULSgY
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

New Zealand Dollar Forecast: NZD/USD Drives Higher on Buoyed Risk Sentiment

The New Zealand Dollar moved higher overnight after Wall Street traders pushed US stocks higher. Meanwhile crude oil prices gained on a surprise inventory draw, per EIA figures.

from DailyFX - Market News https://ift.tt/3E6c1eV
via IFTTT

How to Become a Day Trader: Lyss Tj Roberts’ Story

Lyss Tj Roberts started trading in 2012 and quit a year later when all of the small cap stocks she had invested in went bankrupt.

from DailyFX - Market News https://ift.tt/3B12Lqv
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

Dow Jones Hits Intraday Record as Risk-on Mood Lifts All Boats Including Bitcoin

The Dow Jones rises for the fourth consecutive day and briefly marks an intraday high, supported by risk-on mood in response to positive corporate earnings and constructive profit guidance.

from DailyFX - Market News https://ift.tt/2Z4l6pa
via IFTTT

Tesla Q3 Earnings Report: Revenue and EPS Beat, Stock Unfazed After Hours

Tesla beat analysts' expectations for the third quarter, but prices failed to move higher in after-hours trading. Supply chain issues will be under the microscope on this evening's earnings call.

from DailyFX - Market News https://ift.tt/3G8a5nK
via IFTTT

Canadian Dollar Price Forecast: USD/CAD, CAD/JPY

The CAD rip has continued against both the US Dollar and the Japanese Yen, but for how long can overbought conditions remain before a pullback comes into play?

from DailyFX - Market News https://ift.tt/3G57lYn
via IFTTT

NZD/USD Rate Clears September High to Trigger Overbought RSI Reading

Recent developments in the RSI indicate a further appreciation in NZD/USD as the oscillator pushes into overbought territory for the first time since February.

from DailyFX - Market News https://ift.tt/3lYss6u
via IFTTT

Gold Price Eyes 200-Day SMA Again During Fed Blackout Period

The price of gold may stage a larger recovery during the Federal Reserve’s blackout period as it extends the series of higher highs and lows from the start of the week.

from DailyFX - Market News https://ift.tt/3AYub0a
via IFTTT

Canadian Dollar Forecast: Inflation Beat, USD/CAD Continuing to Slide

CAD rate to remain on the frontfoot heading into Bank of Canada Meeting. CPI prints above estimates.

from DailyFX - Market News https://ift.tt/3jkxU1Y
via IFTTT

FANG Stocks Update: Netflix Earnings Buzz, Facebook Rebrand & Margin Woes

The grouping of tech giants, commonly known as ‘FANG’, soared to an all-time high yesterday on Netflix earnings hype and increased earnings optimism

from DailyFX - Market News https://ift.tt/3AZmG9h
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/3AWBuW8
via IFTTT

EUR/USD Price Forecast – Limited Upside as US Treasury Yields Continue to Climb

Therecent EUR/USD rally is looking under pressure as US Treasury yields near levels last seen over 18 months ago.

from DailyFX - Market News https://ift.tt/3AZjo5y
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

FTSE 100 Price Outlook: UK Stocks Well Placed to Advance Further

The FTSE 100 index of the major London-listed stocks is in a good position to follow Wall Street higher as an unexpected fall in UK inflation and earnings optimism outweigh worsening Covid-19 data.

from DailyFX - Market News https://ift.tt/2XtL3hz
via IFTTT

Japanese Yen Jitters as US Treasury Yields Move Higher Amid Commodity Woes. More Yen Weakness Ahead?

The Japanese Yen weakened to its lowest level in 4 years as global yields and commodity prices hinder the currency. Can USD/JPY go higher?

from DailyFX - Market News https://ift.tt/3aRYk6z
via IFTTT

UK Inflation: UK CPI Misses Expectations. How will the BoE React?

UK CPI (Sep) comes in at 2.9% vs the 3% forecast. GBP/USD plunges on the release of the report.

from DailyFX - Market News https://ift.tt/3n8Vznc
via IFTTT

Gold Prices May Swing Lower on Fed Beige Book, CSX Earnings Report

Gold prices may swing lower if the Fed Beige Book survey and the third-quarter earnings report from freight giant CSX beckon swift action against inflationary pressure.

from DailyFX - Market News https://ift.tt/30CfxPr
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 Forecast: EIA Data in Focus After API Stockpiles Build

Oil prices are pulling back slightly in APAC trading after API data showed a build in US inventory. Energy traders have EIA data in focus as fundamentals remain broadly supportive.

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

Silver Price Outlook: XAG/USD Gains on US Dollar Weakness, Broad Risk-on Sentiment

Silver prices gained by roughly 2% on Tuesday as risk-on sentiment pushed risk assets & precious metals higher, USD lower.

from DailyFX - Market News https://ift.tt/3G4NBUE
via IFTTT

AUD/USD Probes September High as APAC Traders Eye China’s Lending Rates

The Australian Dollar made a strong push higher overnight as Wall Street traders buy up stocks. Chinese lending rates and Australian Westpac data is in focus for APAC traders.

from DailyFX - Market News https://ift.tt/2ZepQc6
via IFTTT

Nasdaq 100 Outlook: Tech Stocks Continue Higher as Netflix Posts Strong Q3 Results

The tech-heavy Nasdaq 100 Index pushed higher on Tuesday as market participants eagerly awaited key earnings releases. Netflix beats on earnings and new subscribers.

from DailyFX - Market News https://ift.tt/2Z6lrb2
via IFTTT

Mexican Peso Outlook: Improved Risk-Appetite Hammers USD/MXN as EMFX Gains Ground

USD/MXN could continue to retreat in the short term if U.S. equities extend their recovery and risk appetite remains high in global markets.

from DailyFX - Market News https://ift.tt/3DVCE6a
via IFTTT

Oil, Copper Outlook: US Crude (WTI) Oil Tests 2014 Levels as The Energy Crisis Intensifies

Oil prices climb to 2014 levels as supply constraints weigh on energy prices. Commodity sector eyes inflation data and inventories.

from DailyFX - Market News https://ift.tt/3jj6AB7
via IFTTT

Gold Price Forecast: XAU Coil Continues After 1800 Res Rejection

Gold bulls' patience might be wearing thin after another fake-out last week, with Gold prices to getting caught at 1800 resistance before price action tilted back to support.

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

AUD/USD Eyes September High as RSI Approaches Overbought Territory

Looming developments in the RSI may indicate a further advance in AUD/USD if the oscillator pushes into overbought territory for the first time since February.

from DailyFX - Market News https://ift.tt/3pdG4go
via IFTTT

Market Sentiment Improves, Stocks Benefit as US Dollar Sinks | Webinar

Trader confidence continues to rise, weakening safe havens like the US Dollar but helping stocks and also assets like copper and crude oil that would benefit from stronger global demand.

from DailyFX - Market News https://ift.tt/3vu4pQi
via IFTTT

Canadian Dollar Forecast: USD/CAD Sell-Off Continues, Retail Traders Increase Short Bets

USD/CAD slides lower on US dollar weakness, while retail traders increase their USD/CAD short bets.

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

Euro Forecast: EUR/USD Recovery, EUR/GBP Reversal Risk

Euro eyes psychological barrier as USD slides. Risk to chasing EUR/GBP lower from current levels.

from DailyFX - Market News https://ift.tt/3G2A0x6
via IFTTT

US Dollar (USD) Price Outlook: DXY Breaking Lower as Risk Sentiment Improves

Global risk appetite is rising, and that is bad news for the safe-haven US Dollar and good news for currency pairs such as GBP/USD, AUD/USD and NZD/USD.

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

British Pound Bolts Higher on Soft US Dollar and BoE Hawks. Will it Keep Going?

The British Pound moved to higher ground in Asia today as several Bank of England speakers spruiked inflation wariness. Can it break more resistance levels?

from DailyFX - Market News https://ift.tt/3n02rmA
via IFTTT

Facebook Share Price Attempting to Rebound Ahead of Q3 Earnings

Facebook’s share price has fallen close to 14% over the past one month. Can its upcoming Q3 earnings reverse the bearish sentiments?

from DailyFX - Market News https://ift.tt/3n5wlpG
via IFTTT

Stocks at Risk as China-Taiwan Tension Eclipses Xi-Biden Summit

Stock markets may be vulnerable to political volatility as China flexes its military might against Taiwan ahead of the Biden-Xi summit. Will reconciliation yield to rockets?

from DailyFX - Market News https://ift.tt/2Z31FwN
via IFTTT

Gold Price Outlook: Inflation Data Eyed With Global Central Bank Tightening Bets

Gold prices are under pressure after China growth slowed and New Zealand inflation surged, with investors pricing in more aggressive central bank policy outlooks, which is supporting bond yields.

from DailyFX - Market News https://ift.tt/2Z4StbG
via IFTTT

Dow Jones Weakens with Crude Oil as Traders Buy the Nasdaq 100, ASX 200 May Rise

The Dow Jones fell as a drop in crude oil might have sent investors into the Nasdaq 100. The ASX 200 may rise after the RBA minutes reiterated the central bank’s patient stance on rates.

from DailyFX - Market News https://ift.tt/3n5hqMn
via IFTTT

Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

from DailyFX - Market News https://ift.tt/3gV9dXm
via IFTTT

Australian Dollar Forecast: AUD/USD Eyes RBA Minutes Amid Mixed Sentiment

The Australian Dollar may remain under pressure as APAC traders digest prevailing risk trends and economic growth fears. RBA minutes are in focus against an otherwise light economic docket.

from DailyFX - Market News https://ift.tt/30DFsXc
via IFTTT

Swiss Franc Technical Analysis: AUD/CHF, NZD/CHF, EUR/CHF Technical Setups

Swiss Franc pairs are on the move as AUD/CHF and NZD/CHF remain on breakout watch. These are the near-term technical levels that matter for AUD/CHF, NZD/CHF, EUR/CHF.

from DailyFX - Market News https://ift.tt/3lSj5p1
via IFTTT

S&P 500 and Nasdaq 100 Gain for Fourth Day in a Row as Traders Await Key Earnings

After a weak open, the S&P 500 and Nasdaq 100 reversed losses and moved up, gaining ground for the 4th consecutive day ahead of key earnings that could be pivotal to market sentiment.

from DailyFX - Market News https://ift.tt/3jcbZd6
via IFTTT

EUR/USD Rate Eyes Monthly High as RSI Recovers from Oversold Zone

EUR/USD appears to be on track to test the monthly high (1.1640) despite the rebound in longer-dated US Treasury yields as the RSI recovers from oversold territory.

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

FX Week Ahead - Top 5 Events: Canada, Eurozone, Japan, & UK Inflation Rates; US Manufacturing PMI

A decidedly lighter economic calendar has traders watching inflation data and bond markets in the middle of October.

from DailyFX - Market News https://ift.tt/3jdP1m4
via IFTTT

Japanese Yen Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY

Yen weakness seemed likely after the September FOMC rate decision and almost a month later, the theme continues to take on a new life.

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

Return to Normalcy Harkens Shift in Retail Trading Era

It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re...

from DailyFX - Market News https://ift.tt/3Ba0CcF
via IFTTT

USD/CAD Rate Rebound Vulnerable to Another Rise in Canada CPI

Fresh data prints coming out of Canada may curb the recent rebound in USD/CAD as the headline reading for inflation is expected to pick up for the third consecutive month.

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

Bitcoin (BTC) Futures ETF Expected to Launch Imminently, Crypto Market on Hold

The ProShares Bitcoin Futures ETF is expected to launch on the New York Stock Exchange Tuesday and others may follow shortly.

from DailyFX - Market News https://ift.tt/3j9W9ju
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

Gold Price Forecast: XAU/USD Struggles as the US Dollar Regains its Poise

Gold is opening the week in negative territory as the US dollar continues to claw back recent losses.

from DailyFX - Market News https://ift.tt/3n2sc62
via IFTTT

British Pound (GBP) Latest: BoE Rate Hike Bets Soar, GBP Volatility to Rise

BoE Governor Bailey Reiterates Need to Act to Curb Inflation, November Meeting Now Live

from DailyFX - Market News https://ift.tt/3DRL4LO
via IFTTT

Copper Charges Higher While US Dollar Rides Up on Inflation Fears.Are New Highs Ahead?

Copper prices moved aggressively higher again today as inventories hit their lowest level in 47 years. Will this surge bring new highs?

from DailyFX - Market News https://ift.tt/3j9PpSo
via IFTTT

Facebook Share Price Attempting to Rebound Ahead of Q3 Earnings

Facebook’s share price has fallen close to 14% over the past one month. Can its upcoming Q3 earnings reverse the bearish sentiments?

from DailyFX - Market News https://ift.tt/3pdB2k6
via IFTTT

Australian Dollar Under Pressure on China Data Miss. Can AUD/USD Hold Ground?

The Australian Dollar may struggle to hold higher ground as China GDP and industrial production disappointed markets. Retail sales was rosier. Will AUD/USD stay strong?

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

US Dollar Outlook: USD/SGD, USD/THB Eye China GDP as USD/IDR Faces Energy Crunch

The US Dollar may be at risk against ASEAN currencies as an energy crunch benefits the Indonesian Rupiah. USD/THB and USD/PHP face loosening Covid restrictions. All eyes on China GDP.

from DailyFX - Market News https://ift.tt/3b1MYgB
via IFTTT

NZD/USD Rises After Q3 Inflation Bolsters RBNZ Rate Hike Outlook

The Kiwi Dollar is moving higher after New Zealand's third-quarter inflation data beat analysts' expectations. China GDP is in focus for APAC traders.

from DailyFX - Market News https://ift.tt/3pbyin3
via IFTTT

Markets Week Ahead: Dow Jones, US Dollar, Yen, Crude Oil, Bitcoin Nears Record High, China GDP

The Dow Jones gained as the US Dollar and Japanese Yen weakened. Crude oil continues its ascent amid a global supply crunch. All eyes turn to Chinese GDP data. Bitcoin nears a record high as future...

from DailyFX - Market News https://ift.tt/3p8B4th
via IFTTT

Weekly Fundamental Crude Oil Price Forecast: Bullish Outlook, For Now

Despite the ongoing bullish fundamental environment in the near-term, the narrative may soon begin to shift as traders look towards next year.

from DailyFX - Market News https://ift.tt/3FO1XIW
via IFTTT

S&P 500 & Nasdaq 100 Forecast: Netflix & Tesla Earnings to Set the Tone for the Market

Quarterly earnings from Netflix and Tesla, two big tech companies, will take center stage next week and could set the trading tone for the S&P 500 and the Nasdaq 100.

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

US Dollar Outlook: USD Loses Momentum as Technical Levels Hold Firm

US Dollar loses steam as technical and fundamentals drive price action into critical resistance.

from DailyFX - Market News https://ift.tt/3FU9LZP
via IFTTT

Euro (EUR) Price Forecast: More Falls Ahead for EUR/GBP, EUR/AUD, EUR/CAD

Relative stability in EUR/USD has masked weakness in the Euro against most other major currencies, and that weakness can be expected to persist in the week ahead and likely for longer.

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

Gold Fundamental Forecast: Yield Curve Key to Bullion Prices as Q3 China GDP Nears

Gold prices moved higher last week, but an upbeat US retail sales report underpinned Treasury yields on Friday, which weighed on bullion. Chinese Q3 GDP is in focus for XAU traders.

from DailyFX - Market News https://ift.tt/3mY6BM4
via IFTTT

US Dollar Outlook: USD Upside Stalling, Risk of Larger Setback

US Dollar losing its appear demand picks up for major counterparts. Risk of larger setback as risk appetite stabilises.

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

Bitcoin (BTC/USD) Surges Back to Multi-Month Highs on Renewed ETF Chatter

Bitcoin broke above $60k earlier in the session to a fresh multi-month high on the renewed expectation that the SEC will approve a futures-based Bitcoin ETF very soon.

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

Australian Dollar Outlook: AUD/USD Back on the Offensive as Covid Restrictions Ease

The Australian Dollar is seemingly back on the offensive as lockdowns ease in Sydney and Melbourne. Improving sentiment may allow AUD/USD to capitalize on rising equities and commodity prices.

from DailyFX - Market News https://ift.tt/3p6ocny
via IFTTT

GBP/USD Rate Rally Susceptible to Slowdown in UK CPI

The update to the UK Consumer Price Index (CPI) may undermine the recent rally in GBP/USD as the report is anticipated to show a slowdown in the core rate of inflation.

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

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar has pulled back to test support at prior resistance, and next week sees a heavy focus on inflation numbers outside of the states as rates continue to drive market flows.

from DailyFX - Market News https://ift.tt/2YQ92YH
via IFTTT

Michigan’s Consumer Sentiment Data Disappoints, DXY Largely Unchanged

The preliminary data for the University of Michigan's consumer confidence survey missed expectations

from DailyFX - Market News https://ift.tt/30w9hc8
via IFTTT

China GDP, Bitcoin (BTC) & S&P 500 INDEX (SPX) – FinTwit Trends to Watch

Fintwit is alive this week as Bitcoin hits $60000, U.S. earnings season begins and boosts the S&P 500 index (SPX) while global markets anticipate next week’s China GDP data announcement.

from DailyFX - Market News https://ift.tt/3p4cCcu
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

S&P 500, DAX 40, FTSE 100 Forecasts: Bank Earnings Trigger Risk-on Mood

Investors are setting aside their concerns about stagflation as US earnings kick off with a positive tone

from DailyFX - Market News https://ift.tt/30yD301
via IFTTT

Japanese Yen Capitulates, USD/JPY Soars, Significant GBP/JPY Bullish Break

JPY selling relents across the board with little sign of a reversal.

from DailyFX - Market News https://ift.tt/3DYiY1B
via IFTTT

Stocks at Risk as China-Taiwan Tension Eclipses Xi-Biden Summit

Stock markets may be vulnerable to political volatility as China flexes its military might against Taiwan ahead of the Biden-Xi summit. Will reconciliation yield to rockets?

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

Bitcoin (BTC/USD) Breaks $60k on Growing Futures-Based ETF Expectations

Bitcoin broke through $60k earlier today on growing confidence that the SEC will sign-off on a BTC futures-based ETF in the very near future.

from DailyFX - Market News https://ift.tt/3BWgFes
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

Gold Prices Rise Within Ascending Channel, is XAU/USD’s Next Leg Lower?

Gold prices seem to be pointing higher in the near term as XAU/USD rises within an Ascending Channel. Its next leg could be lower though. Eyes turn to US retail sales.

from DailyFX - Market News https://ift.tt/3aUenB3
via IFTTT

Natural Gas Holds Key Technical Support, Path of Least Resistance Remains Higher

Natural gas futures held a key technical level this week, potentially paving the way for another run at the 2014 high.

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

NZD/USD Outperforms as RBNZ Rate Bets Tighten, Business PMI Improves

The New Zealand Dollar is receiving strong inflows against the US Dollar as traders price in a more aggressive rate hike path for the RBNZ. Chinese FDI data is slated to drop in the coming days.

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

Mexican Peso Outlook: USD/MXN Bullish Impetus Wanes as Yields Retreat. New Trend?

The pullback in U.S. Treasury yields has neutralized USD/MXN's bullish momentum, but price remains biased to the upside from a technical perspective following the development of a golden cross.

from DailyFX - Market News https://ift.tt/3FN4xiA
via IFTTT

S&P 500, Nasdaq Rip as Yields Dip, Focus Shifts to Retail Sales

Stocks ripped higher today and this was a very encouraging move for bulls, but they had some help from bonds and tomorrow brings retail sales - can bulls hold the bid?

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

British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates

BOE rate hikes may have risen, but the Sterling is still struggling against the major commodity currencies.

from DailyFX - Market News https://ift.tt/3iZDLK4
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

Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, EUR/CAD

The Canadian Dollar has continued to show strength particularly in pairs like CAD/JPY or EUR/CAD.

from DailyFX - Market News https://ift.tt/3AFyP2P
via IFTTT

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

The RBNZ has already hiked rates, while the BOC is turning more hawkish. Meanwhile, the RBA remains on hold.

from DailyFX - Market News https://ift.tt/3lFRt6s
via IFTTT

Gold Price Trades Back Above 200-Day SMA Amid Falling US Yields

The price of gold may continue to retrace the decline from the September high ($1834) as long as longer dated US Treasury yields remain under pressure.

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

Earnings Season: Bank of America and Morgan Stanley Post Another Strong Quarter

Find out more about Bank of America and Morgan Stanley Q3 earnings

from DailyFX - Market News https://ift.tt/3AHV603
via IFTTT

USD/ZAR Price Forecast: ZAR Boosted by Weaker USD but Downside Risks Remain

The recent USD weakness helped USD/ZAR trade lower, however, technicals point to a resumption of the larger bullish theme

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

Bank of England Speech Key to Sterling (GBP) Strength

Aggressive BoE rate hike bets heighten the importance of BoE commentary

from DailyFX - Market News https://ift.tt/3mPV812
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

Ethereum (ETH) Primed to Break Higher as Resistance Comes Under Renewed Pressure

Ethereum probing multi-week resistance again and a confirmed breakout would suggest that the second-largest crypto will soon be back above $4k.

from DailyFX - Market News https://ift.tt/3vibXW3
via IFTTT

British Pound (GBP) Price Outlook: GBP/JPY Closes in on Major Resistance Levels

Sterling continues to advance against other major currencies, with GBP/USD up and EUR/GBP down, but GBP/JPY is now close to previous highs that could impede its upward progress.

from DailyFX - Market News https://ift.tt/2YJU9a7
via IFTTT

Euro Leaps as US Dollar Held Down by Treasury Yields. Where to for EUR/USD From Here?

The Euro found firmer footing after the US CPI and FOMC minutes eventually undermined the US Dollar. Can the Euro break further resistance levels?

from DailyFX - Market News https://ift.tt/3lFt5BX
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

Crude Oil Forecast: Rally Stumbles on API Inventory Build, OPEC Report

Crude oil's rally stumbled after a large US inventory build and a downbeat demand outlook update from OPEC. EIA inventory data is in focus for energy traders.

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

Gold Price Outlook Shines as US Dollar Sinks and Energy Soars. Where to From Here?

Gold prices ramped up on US Dollar weakness post CPI and FOMC minutes, but other commodities continue to outperform the yellow metal. Can gold find its own legs?

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

AUD/USD Points Higher Despite Mixed Employment Data

The Australian Dollar's uptrend remains intact despite employment data for September coming in relatively mixed.

from DailyFX - Market News https://ift.tt/3vdP9Xp
via IFTTT

Singapore Dollar Gains, USD/SGD Falls as MAS Surprises with Tightening. Now What?

The Singapore Dollar gained and USD/SGD fell as the Monetary Authority of Singapore (MAS) unexpectedly tightened policy at its biannual meeting. Will USD/SGD continue lower?

from DailyFX - Market News https://ift.tt/3vn31ip
via IFTTT

Chinese Yuan Forecast: USD/CNH at Key Technical Level After US Dollar Drops

The Chinese Yuan is gaining versus the US Dollar, with USD/CNH on track to break levels not seen since June. Australian jobs data and Chinese inflation will cross the wires today.

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

Luckbox Leans in with Annie Duke

Annie Duke on trading, bet-sizing, prospect theory, outcome bias and quitting.

from DailyFX - Market News https://ift.tt/3mO0lq5
via IFTTT

USD/JPY Rate Rally Vulnerable to RSI Sell Signal

Looming developments in the RSI may indicate a near-term pullback in USD/JPY if it falls back from overbought territory to offer a textbook sell signal.

from DailyFX - Market News https://ift.tt/3v93uEt
via IFTTT

US Dollar Backs Down After CPI, Holds Higher-Low Support

The US Dollar put in another probe of resistance around this morning's CPI release, but buyers couldn't hold the bid and the USD is now putting in a pullback.

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

New Zealand Dollar Forecast: NZD/USD Outlook Confined by Defined Range

NZD/USD may continue to consolidate over the remainder of the week as the exchange rate fails to clear the opening range for October.

from DailyFX - Market News https://ift.tt/3lzVIk0
via IFTTT

USD Lifted, Gold Dips on Upside Inflation Surprise

US CPI suggests inflation is not as transitory as initially anticipated

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

Earnings Season: JP Morgan and Blackrock Blow Past Estimates

Find out more about JP Morgan and Blackrock Q3 earnings

from DailyFX - Market News https://ift.tt/3mPlLmz
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

Gold Price (XAU) Testing Resistance Ahead of US Inflation Data

Gold is pushing into an area of technical resistance ahead of today's important US inflation report.

from DailyFX - Market News https://ift.tt/3BBW2Ew
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

British Pound (GBP) Price Outlook: GBP/USD Steady, Sterling Gains on EUR, JPY

GBP continues to track USD higher against other currencies, with EUR/GBP down and GBP/JPY up as UK GDP growth data show a rapidly expanding UK economy.

from DailyFX - Market News https://ift.tt/3oU4Py5
via IFTTT

Norwegian Krone Jumps as US Dollar Weakens Ahead of US CPI. Will EUR/NOK Break Lower?

The Norwegian Krone has gained ground since Norges Bank was the first G-10 central bank to raise rates last month. Can the Krone continue to strengthen?

from DailyFX - Market News https://ift.tt/2X5JE0k
via IFTTT

Crude Oil Prices May Turn Lower on US CPI, FOMC Minutes

Crude oil prices may turn lower if US CPI inflation data along with minutes from September’s FOMC meeting amplify a hawkish shift in Fed policy expectations.

from DailyFX - Market News https://ift.tt/2X6B7u6
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 Price Forecast: XAU Faces Tough Path Despite Economic Growth Woes

Gold prices remain mostly stagnate as central bank rate hike bets continue to move higher despite pullbacks in economic growth forecast.

from DailyFX - Market News https://ift.tt/30qeYIJ
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

Australian Dollar Forecast: AUD/USD Momentum Wanes as Jobs Data Nears

The Australian Dollar’s recent upside energy versus the US Dollar waned overnight despite still lofty coal prices. Traders are shifting focus to this week’s Australian jobs report.

from DailyFX - Market News https://ift.tt/30frOZX
via IFTTT

How to Become a Stock Trader and Investor: Rose Rapson’s Story

Stock traders are often parodied as Wall Street whirling dervishes, moving from monitor to monitor, spewing expletives, buying and selling many times a day. Rose Rapson defies that stereotype.

from DailyFX - Market News https://ift.tt/3v3MQWZ
via IFTTT

Crypto Forecast: Bitcoin (BTC), Ether (ETH) & Cardano test key levels ahead of FOMC

Digital assets (Bitcoin, Ether & Cardano) continue to face headwinds ahead of the release of the release of inflation data and the upcoming Fed meeting.

from DailyFX - Market News https://ift.tt/3pb4zuP
via IFTTT

U.S. Banks Prepare to Kick Off Earnings: JPM to Set the Tone for XLF

U.S. banks will kick off earnings season this week. Corporate results and profit guidance may offer clues about the health of the economy and loan demand, two key drivers of the sector.

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

AUD/USD Rate to Face Another Decline 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 consecutive month.

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

US Dollar Threatening Breakout Ahead of Key CPI Release

The US Dollar has wicked up to another fresh yearly high this morning, and USD bulls appear to be losing patience waiting for tomorrow's CPI print out of the US.

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

Top 8 Forex Trading Strategies and their Pros and Cons

Compare the pros and cons of different forex strategies, from day trading to position trading.

from DailyFX - Market News https://ift.tt/3uaf2Gy
via IFTTT

IMF Global Financial Stability Report: Risks Have Been Contained So Far

Financial stability risks have been contained so far, according to the latest IMF GFSR, but risks remain elevated in several sectors.

from DailyFX - Market News https://ift.tt/3DzX1pm
via IFTTT

EUR/USD Vulnerable to Further Losses as RSI Flirts with Oversold Zone

Looming developments in the Relative Strength Index (RSI) may indicate a further decline in EUR/USD if the oscillator slips below 30 to push into oversold territory.

from DailyFX - Market News https://ift.tt/3asYLE3
via IFTTT

Breaking News: IMF Economic Outlook Adds to Stagflation Fears, Growth Revised Lower

Inflation, climate change, COVID-19 and input headwinds are key issues identified by the International Monetary Fund (IMF) and Chief Economist Gita Gopinath in today’s economic outlook.

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

Bitcoin (BTC) Rally Continues, Alt-Coins Remain Under Pressure

Bitcoin continues to out-perform the market as a whole and climbs back above $57k with little in the way of resistance before the May high just below $60k.

from DailyFX - Market News https://ift.tt/3oWmO6W
via IFTTT

More Scope for High Energy Prices to Weaken Stocks and JPY, Benefit USD and AUD | Webinar

Trader confidence has been hit hard by high energy prices, inflation fears and rising yields, and, despite the current pause for breath, there are few signs yet of confidence returning.

from DailyFX - Market News https://ift.tt/2YGmH4c
via IFTTT

US Dollar Winning Safe-Haven Battle vs JPY, CHF Risks Are Lower

Japanese Yen plummets across the board, CHF to see lagged weakness. USD consolidating.

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

DAX 40 Pushes Aside Worsening ZEW as Equities Steady Ahead of US CPI

Investors eye the latest US CPI release to get further clarity on stagflation concerns

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

British Pound (GBP) Price Outlook: GBP/USD Well Placed for More Gains

GBP is ignoring unhelpful market conditions as the prospect of a UK rate rise this year outweighs concerns about high energy prices leading to rising inflation and increasing bond yields.

from DailyFX - Market News https://ift.tt/30jU1yY
via IFTTT

Nikkei 225 Index Ricochets Amid Crude Oil Volatility. Where Will the Index land?

The Nikkei 225 - Japans benchmark stock index - softened today as the impact of higher energy costs emerged in the producer price index. Meanwhile, a storm is brewing.

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

Crude Oil, Coal Forecast: Prices Supported by Tightening Supply Outlook

Crude oil and coal prices hit fresh levels overnight as supply issues threaten to worsen an already fragile energy situation. Asia is particularly susceptible after regional flooding shuttered coal...

from DailyFX - Market News https://ift.tt/3atD5b3
via IFTTT

Nasdaq 100 Falls Ahead of US CPI as Treasury Yields Rise, Hang Seng Index at Risk

The Nasdaq 100 fell as Treasury yields rose ahead of Wednesday’s US CPI data after last week’s non-farm payrolls report underscored inflationary pressures. The Hang Seng Index could be vulnerable a...

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

What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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

AUD/USD Rises Despite Wall Street Selloff as Chinese Flooding Lifts Coal Prices

The Australian Dollar charged higher overnight as flooding across China forced mines to close on safety concerns. That sent coal prices in Asia surging higher alongside AUD/USD.

from DailyFX - Market News https://ift.tt/3iU9Cf7
via IFTTT

How to Become a Stock Trader and Investor: Rose Rapson’s Story

Stock traders are often parodied as Wall Street whirling dervishes, moving from monitor to monitor, spewing expletives, buying and selling many times a day. Rose Rapson defies that stereotype.

from DailyFX - Market News https://ift.tt/3axLM3W
via IFTTT

FX Week Ahead - Top 5 Events: US Inflation Rate; FOMC Minutes; Australia Jobs Report; China CPI, Loans; US Retail Sales

The turn through the middle of October sees a jampacked calendar in the second half of the week.

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

USD/JPY Rate Rally Pushes RSI Into Overbought Territory

Recent developments in the RSI indicate a further appreciation in USD/JPY as it pushes into overbought territory for the first time since the first quarter of 2021.

from DailyFX - Market News https://ift.tt/3AAtVEa
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: EUR/USD, GBP/USD, USD/JPY, USD/CAD

There's a key inflation print being released on Wednesday and the US Dollar retains bullish breakout potential with a bull pennant formation.

from DailyFX - Market News https://ift.tt/2YC4dSH
via IFTTT

USD/CAD Susceptible to Larger Correction Ahead of US CPI, FOMC Minutes

Key developments coming out of the US may curb the recent decline in USD/CAD as signs of sticky inflation fuels speculation for an imminent shift in Fed policy.

from DailyFX - Market News https://ift.tt/3iT8Grf
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/3DxNmQa
via IFTTT

Australian Dollar Forecast: AUD/USD Breaks Technical Barrier, Upside for AUD/CHF

Mood music improves for Aussie. Eyes on AU Jobs and US CPI

from DailyFX - Market News https://ift.tt/3v0NrIK
via IFTTT

Crude Oil Continues to Rise as Industries Consider Switching Over From Expensive Gas

Increasing gas prices are causing oil switchover which is keeping crude prices supported

from DailyFX - Market News https://ift.tt/2YE4TGR
via IFTTT

DAX Index Forecast: Bund Sell-off Continues, Germany 40 Feels the Pinch

The DAX index remains under pressure after the European bond market sell-off extends this week. Bund yields rise while financial and energy sectors attempt to buoy the German stock index.

from DailyFX - Market News https://ift.tt/3AzmDR8
via IFTTT

British Pound (GBP) Boosted as Bank of England Warns of Higher Interest Rates

Sterling has opened the week in robust fashion after commentary from the BoE that interest rates may be hiked earlier than previously thought a due to ongoing inflation fears.

from DailyFX - Market News https://ift.tt/3oRSg6i
via IFTTT

Japanese Yen Tanks as Crude Oil Surges Higher on Energy Crunch. Will USD/JPY Keep Going?

The Japanese Yen weakened further today as energy markets marched higher and tax concerns were alleviated. How far can the Yen go?

from DailyFX - Market News https://ift.tt/3ByH9md
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

AUD/USD May Rise as New South Wales Reopens, Energy Prices Remain in Focus

The Australian Dollar is off to a cautious start versus the US Dollar as New South Wales comes out of lockdown. A light economic calendar leaves prevailing risk trends in focus.

from DailyFX - Market News https://ift.tt/3iOtW1m
via IFTTT

Markets Week Ahead: Dow Jones, Canadian Dollar, Crude Oil, BTC/USD, US CPI, FOMC Minutes

Wall Street recovered this past week as the Dow Jones outpaced the Nasdaq 100. The Canadian Dollar soared alongside crude oil prices. Bitcoin may see volatility as the White House revealed a push f...

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

S&P 500, DAX 40 Forecasts for the Week Ahead

Equities struggle to recover bullish momentum as Fed tapering seems like a done deal.

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

Oil Price Rally to Persist amid Tepid Recovery in US Crude Output

The price of oil clears the $80 handle as OPEC remains reluctant to boost production, and current market may keep crude prices afloat amid the tepid recovery in US output.

from DailyFX - Market News https://ift.tt/2Yyk0ls
via IFTTT

EUR/USD Forecast: What's the Incentive to Buy the Euro?

The problem for Euro bulls is that it’s hard to think of any good reason to buy it; not just EUR/USD but the Euro crosses too.

from DailyFX - Market News https://ift.tt/3oKBq9h
via IFTTT

Gold Prices Eye CPI as Non-Farm Payrolls Miss, Rising Wages Complicate Fed Outlook

Gold prices remain vulnerable despite a headline non-farm payrolls miss. Rising wages could mean that inflation remains high, complicating the Fed's outlook. XAU/USD eyes CPI data.

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

Weekly Fundamental US Dollar Forecast: November Taper on Track After NFP

Despite a disappointing headline figure, the September US NFP report was another milestone on the road to the Fed tapering asset purchases.

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

Bitcoin (BTC) Grinding Back to Multi-Month Highs, Volt ETF Offers Crypto Diversification

Bitcoin is up over $8k on the week with hardly a pullback seen during the latest move. The market leader looks strong but overbought, according to one technical indicator.

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

Australian Dollar Outlook: Energy Burst Boosts Markets. Can it Drive AUD/USD Up?

The Australian Dollar is subject to external forces as commodities roar and risk sentiment sways under Chinese outcomes. Where to next for AUD/USD?

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

GBP Forecast: BoE Rate Rise This Year? Don’t Bank on It

UK Labour and BoE speeches in focus. Aggressive tightening bets raise GBP sensitivity.

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

NZD/USD to Stage Larger Recovery on Break of October Opening Range

NZD/USD may stage a larger recovery over the coming days if the exchange rate clears the opening range for October.

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

Gold Jumps, US Dollar Drops on NFP Miss, Fed Tapering Still a Done Deal

NFP headline miss weighs on USD, however, this is unlikely to deter the Fed away from tapering.

from DailyFX - Market News https://ift.tt/3v6RNyp
via IFTTT

Australian Dollar Has Breakout Potential, S&P 500 Turning a Corner

AUD Approaching Pivotal Resistance. S&P 500 Tracking Seasonal Pattern. Eyes on US Yields

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

NZD/USD Outlook: US NFP, RBNZ Rate Hike Expectations, Market Sentiment

NZD/USD is keeping near its key support area as investors look for guidance in the latest NFP report

from DailyFX - Market News https://ift.tt/3BACU9C
via IFTTT

US Dollar Strength Underpinned by Higher Treasury Yields, Non-Farm Payrolls Near

The benchmark US 10-year bond is now quoted with a yield around1.60%, a new 4-month high, ahead of the latest look at the US jobs market.

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

Japanese Yen Under Pressure as Energy Ramps Up Again. Will USD/JPY Break Higher?

The Yen has weakened as Japans reliance on imported energy takes its toll and the Nikkei 225 stock index tanks. Can USD/JPY make a new high?

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

Crude Oil Prices Eye $80 as All Eyes Turn to US Jobs Data

Crude oil prices are hovering at seven-year highs just below the $80/bbl figure as all eyes turn to September’s US labor market data.

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

Gold Prices May Fall on Rosy NFPs after US Senate Temporarily Lifted Debt Ceiling

Gold prices could fall if a rosy non-farm payrolls report further boosts Treasury yields after the US government temporarily raised the debt ceiling through early December.

from DailyFX - Market News https://ift.tt/3BCkoy1
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 Higher on US Debt Ceiling Deal – Focus Turns to Chinese PMIs, US NFPs

The Australian Dollar moved higher versus the US Dollar overnight as US lawmakers advanced negotiations over raising the debt ceiling. APAC traders await Chinese PMIs and US NFP data.

from DailyFX - Market News https://ift.tt/3lnqZ9S
via IFTTT

Dow Jones Outlook: Stocks Push Higher Following Jobless Claims, NFPs Eyed

The Dow Jones Industrial Average pushed higher on Thursday as the number of people filing for unemployment fell to 326,000, a decrease of 38,000 from the previous week.

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

Mexican Peso Outlook: USD/MXN Gains as Traders Eye NFP for Fed’s Path Ahead

USD/MXN could maintain near-term upside momentum if the NFP report shows strength and reinforces the upward trajectory of U.S. Treasury yields.

from DailyFX - Market News https://ift.tt/2WQNpqm
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

Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Rate hike odds continue to climb for the BOE, while the ECB continues to look more and more dovish.

from DailyFX - Market News https://ift.tt/300AzHf
via IFTTT

Japanese Yen Outlook: USD/JPY Bid as Debt Ceiling Fears Dissipate

USD/JPY is setting up for another bullish run as U.S. debt ceiling woes abate. The Japanese Yen comes under further pressure from a hawkish Fed and strong job data ahead of NFPs tomorrow.

from DailyFX - Market News https://ift.tt/3uPN0Ry
via IFTTT

US Dollar (DXY) Price Outlook: Short-Term Drivers Stack up for the Greenback

The US dollar remains elevated ahead of tomorrow’s NFP report despite pulling back from the recent high.

from DailyFX - Market News https://ift.tt/3uRXKir
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

Bitcoin (BTC) Consolidates Hefty Gains, Shiba Inu (SHIB) Soars Ever Higher

Bitcoin is consolidating recent gains, with one technical indicator flashing a warning signal, while Shiba Inu goes ballistic.

from DailyFX - Market News https://ift.tt/3uRtnsl
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

Crude Oil Price Pullback, Putin to the Rescue

Putin looks to boost European gas supplies to ease energy crisis concerns. US Consider Oil Release from SPR

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

EUR/USD Price Outlook – Stuck in a Tight Range Ahead of US NFPs

The ECB is set to announce further bond-buying measures when the Pandemic Emergency Purchase Program (PEPP) ends in March 2022, keeping the pressure on the single currency.

from DailyFX - Market News https://ift.tt/3BkkcD3
via IFTTT

EUR/GBP Hovers Above 0.85 as Buyers Look for Support

EUR/GBP likely to remain in a noisy range amid increasing focus on economic data

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

FTSE 100 Price Outlook: Global Stock Market Rally May be Short-Lived

London’s main stock market index, along with other world stock markets, is benefiting from an improved global outlook but the advance is looking shaky and losses could soon return.

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

AUD/JPY Fights Nikkei 225 Strength Despite Risk-On Environment. Will It Break Higher?

AUD/JPY struggled to move higher despite positive news as Russia calmed energy markets and a potential US debt ceiling resolution loomed. Can AUD/JPY move up?

from DailyFX - Market News https://ift.tt/3Dypr35
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

Crude Oil Forecast: Bears Take Control on Inventory Build, Potential SPR Release

Crude oil prices are moving lower after dropping overnight on news that the US may release strategic oil reserves. A bearish EIA inventory report also put the hurt on prices.

from DailyFX - Market News https://ift.tt/3FpyW63
via IFTTT

Gold Price Outlook Caught Between US Dollar and Energy Gains, Where to From Here?

Gold moved sideways of late as prices got caught in the crossfire between higher energy commodities and a stronger USD. Will XAU/USD find its own path?

from DailyFX - Market News https://ift.tt/3Bk5xYK
via IFTTT

Nasdaq 100 May Rise on Temporary Debt Ceiling Relief, Nikkei 225 Eyes Support

The Nasdaq 100 may rise after prospects of a temporary US debt ceiling increase soothed investors. Japan’s Nikkei 225 could bounce, eyeing the floor of a rectangle chart formation.

from DailyFX - Market News https://ift.tt/3oF7rj9
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

AUD/USD May Rise After US Debt Ceiling Deal as US NFPs Shift into Focus

The Australian Dollar fell versus the US Dollar overnight after strong US labor market data lifted short-term Treasury yields. China's foreign exchange reserves are in view for today's APAC session.

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

Swiss Franc Technical Analysis: GBP/CHF, AUD/CHF, CHF/JPY Technical Setups

Swiss Franc strength sees multiple crosses approaching significant areas of interest. Here are some key technical setups for GBP/CHF, AUD/CHF, and CHF/JPY.

from DailyFX - Market News https://ift.tt/3iFCbN3
via IFTTT

Major U.S. Stock Indices Eke Out Gains after Wild Day, but Russell 2000 Ends Lower

S&P 500, Dow Jones, and Nasdaq 100 end the day in green on possible debt limit deal, but Russell 2000 fails to erase losses and finishes in negative territory.

from DailyFX - Market News https://ift.tt/2ZRZ49t
via IFTTT

USD/JPY Rate Eyes September High Amid Ongoing Rise in US Yields

USD/JPY may stage another attempt to test the 2020 high (112.23) as the Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.

from DailyFX - Market News https://ift.tt/3Ag80C7
via IFTTT

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

The US Dollar is holding near the highs, and NFP is a little less than two days away. Can bulls force a break even before the release?

from DailyFX - Market News https://ift.tt/3Fpxv7K
via IFTTT

Gold Price Recovery Unravels Ahead of NFP Report Amid Rising US Yields

Key developments coming out the US may drag on the price of gold as the US Non-Farm Payrolls (NFP) report is anticipated to show a pickup in job growth.

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

Natural Gas Prices Continue to Soar in the US, Asia and Europe – How Far Can it Go?

Global natural gas prices have shot up due to supply side pressures amidst rising global demand

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

USD Breaking News: Bullish Dollar Environment Holds as ADP Beats Estimates

ADP employment change figures for September smashed forecasts and now with NFPs around the corner, expect FX (dollar) volatility to rise pre and post-announcement.

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

GBP/USD At Risk of Being a Victim to BoE Rate Bets, Why is NZD Weak After RBNZ Hike?

Aggressive BoE tightening calls leaves GBP vulnerable on the downside. Expected RBNZ hike does little for NZD.

from DailyFX - Market News https://ift.tt/3Al83wl
via IFTTT

US Dollar Probes a Fresh Multi-Month High, Treasury Yields Rally on Inflation Fears

The US dollar basket (DXY)is pushing higher and nears a recent one-year high as inflation fears continue to stalk the market.

from DailyFX - Market News https://ift.tt/300NV6u
via IFTTT

Is Crypto De-Correlation From Traditional Assets Underway? - BTC, ETH Latest

Cryptos bounce back as SEC follows Fed in Saying they will not ban the use of digital coins

from DailyFX - Market News https://ift.tt/3acG1J2
via IFTTT

Surging US Crude Oil Price Adds to Downward Pressure on Stocks, Bonds and Gold Price

US and Brent crude oil prices are well placed to advance further, and that would add to the downward pressure on stock prices, US Treasury bond prices and gold, with USD benefiting.

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

Canadian Dollar Caged in by Inflation Favouring USD on Energy. Where to for USD/CAD?

The Canadian Dollar weakened against the US Dollar as inflation fears triggered yield spikes, creating USD buying. Will USD/CAD lift off, or is it just pausing here?

from DailyFX - Market News https://ift.tt/2Ygsu0h
via IFTTT

Crude Oil Prices Hit 7-Year High, Inventories and ADP Jobs Data Ahead

Crude oil prices rose a to a seven-year high as US ISM and PMI surveys lifted demand prospects even as supply shortages persist. EIA inventories and ADP employment data is up text.

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

Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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

New Zealand Dollar Forecast: NZD/USD Eyes Resistance After RBNZ Rate Hike

The New Zealand Dollar is in focus after the Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points - one of the first G10 central banks to tighten policy.

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

AUD/USD Rises as Wall Street Sentiment Warms. RBNZ at Hand for APAC Traders

The Australian Dollar rose overnight after risk assets caught a bid. China is reportedly accepting Australian coal. APAC traders have the RBNZ rate decision in focus today.

from DailyFX - Market News https://ift.tt/3D9NLYw
via IFTTT

ASX 200 May Continue to Gyrate Despite Strong Trade Data, Dovish RBA

The S&P/ASX 200 Index may look for a near-term trend reversal following a surprise trade surplus in August.

from DailyFX - Market News https://ift.tt/3AfRkL9
via IFTTT

EUR/USD Forecast: RSI Buy Signal Takes Shape Ahead of NFP Report

The opening range for October raises the scope for a near-term recovery in EUR/USD as the advance from the first day of the month pulls the RSU out of oversold territory.

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

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Fed speakers sound hawkish, and rates markets have rapidly adjusted to the reality of a taper announcement in November.

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

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

The US Dollar has found support at prior resistance, but are bulls able to put in another forceful move with NFP on the calendar for later this week?

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

NZD/USD Rate Rebound Vulnerable to Dovish RBNZ Rate Hike

The Reserve Bank of New Zealand (RBNZ) interest rate decision may fuel larger recovery in NZD/USD as the central bank is expected to deliver a rate hike.

from DailyFX - Market News https://ift.tt/3a5wlQB
via IFTTT

USD/JPY Jumps on Firm ISM Beat, Eyes on NFP

Better than expected boosts USD and risk appetite. JPY Suffers.

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

USD/ZAR Outlook: SA Rand Vulnerable as EM’s Poised for Hardship

South African rand bulls should be wary of U.S. data and Federal Reserve directives in Q4. Labour data later this week could prove crucial to Fed decision making and may hold the key to the Q4 ZAR ...

from DailyFX - Market News https://ift.tt/3mqq4Vd
via IFTTT

EUR/CHF Line in the Sand, AUD/NZD Turning Point

EUR/CHF approaching SNB Intervention Levels, while RBNZ Kicks Off Hiking Cycle

from DailyFX - Market News https://ift.tt/3aap01Y
via IFTTT

Market Sentiment Webinar: Surging Crude Oil Price Hits Stocks Ahead of NFPs

Trader confidence has taken a battering from fears that higher commodity prices will harm global growth and increase inflation, leading to lower stock prices and demand for safe havens like USD.

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

DAX 40, S&P 500, FTSE 100 Setup: Stagflation Concerns Grow Despite Continued Stimulus

Investors eye the NFP data on Friday as concerns about high inflation and sluggish growth rise

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

Bitcoin (BTC) Rallies into $50k Resistance Zone, Alt-Coins Build on Bitcoin Strength

Bitcoin's rally from last Thursday's low continues and now nears an important zone of resistance that if broken will leave multi-week highs vulnerable.

from DailyFX - Market News https://ift.tt/3uIM6Gz
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD Downtrend May Resume

After rallying from the low at 1.3412 touched on September 29, GBP/USD will likely stabilize around the 1.36 level and could weaken from there on talk of stagflation.

from DailyFX - Market News https://ift.tt/3uFd2qy
via IFTTT

US Dollar Leaps as Energy Soars and Equities Struggle. Will USD Make a New High?

The US Dollar moved higher while risks continued to swirl around Chinese property and equity markets as energy prices rise. Will USD make a new high?

from DailyFX - Market News https://ift.tt/3ixe6bp
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

Crude Oil, Natural Gas Forecast: OPEC, Seasonal Trends Put Bulls in Strong Position

Crude oil is on the move higher after OPEC kept production increases for November at 400k barrels per day. Meanwhile, natural gas is in a strong position as the 2021/2022 heating season looks to ki...

from DailyFX - Market News https://ift.tt/3AbX60n
via IFTTT

Australian Dollar Grips On as RBA Delivers on Expectations, Will AUD/USD Rise?

The Australian Dollar held steady immediately after the RBA stuck with their plan for tapering through to February. Can AUD/USD break resistance?

from DailyFX - Market News https://ift.tt/3mpjJt9
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

Nasdaq 100 Falls More than 2% as Traders Dump Big Tech. Will the Sell-Off Continue?

The Nasdaq 100 index suffers steep losses at the start of the week as traders ditch technology stocks with elevated valuations in the face of rising U.S. Treasury yields

from DailyFX - Market News https://ift.tt/3Bb3Lc9
via IFTTT

Australian Dollar Forecast: Wall Street Losses Threaten APAC Trading as RBA Looms

The Australian Dollar is in focus as Asia-Pacific traders eye the RBA rate decision following a tech-lead selloff on Wall Street.

from DailyFX - Market News https://ift.tt/3a2VHhY
via IFTTT

Hang Seng Index Outlook: Evergrande Uncertainty, Beijing Crackdowns Weigh on Sentiment

Risk-off was the message in Hong Kong as Evergrande shares were halted from trading, and tensions between Beijing and Washington continued to mount.

from DailyFX - Market News https://ift.tt/2Yf45Ir
via IFTTT

FX Week Ahead - Top 5 Events: RBA & RBNZ Meetings; Mexico Inflation Rate; Canada Jobs; US NFP

The first full week of October promises several significant data releases and events over the next few days.

from DailyFX - Market News https://ift.tt/2Yh8tap
via IFTTT

Return to Normalcy Harkens Shift in Retail Trading Era

It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re...

from DailyFX - Market News https://ift.tt/3Ba0CcF
via IFTTT

Gold Price Forecast: Gold Breakout Potential, XAU/USD Levels

Gold prices are punching up to a fresh weekly high after brewing a bullish reversal formation last month. Can Gold bulls take control as global risks rise?

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

AUD/USD Rate Recovery Susceptible to Dovish RBA Forward Guidance

The Reserve Bank of Australia (RBA) interest rate decision may drag on AUD/USD as the central bank is widely expected to retain the current policy.

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

Crude Oil Jumps in Immediate Reaction to Expected OPEC Announcement

Energy markets have been on fire in September, and a push to fresh yearly highs may not be far away for crude oil prices.

from DailyFX - Market News https://ift.tt/3Fil3qw
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/3Fg4lIh
via IFTTT

Central Bank Preview: RBA and RBNZ Diverging Central Bank Policy

This week sees the Australian and New Zealand central banks provide updates to monetary policy with the RBNZ almost guaranteed to raise rates for the first time since the pandemic

from DailyFX - Market News https://ift.tt/3l7tRqW
via IFTTT

USD Buying Resumes, NZD Longs Stretched, CAD Shorts Reduced – COT Report

USD buying picking up against Euro, JPY & CHF. CAD shorts reduced. GBP rallies face hurdles.

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