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Thursday, 6 May 2021

Euro Technical Analysis: Rally May Have Another Leg - Levels for EUR/GBP, EUR/JPY, EUR/USD

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The Euro started May on rocky footing, but may be turning the corner after a trio of EUR-crosses rebounded at their daily 21-EMAs. from Da...

Gold Price Tops $1,800 with Conviction – More Gains Ahead?

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Gold price action has been ripping higher over recent trading sessions alongside silver. The precious metals are up 2.6% and 5.9% respective...

Dogecoin: Doge Drops from All-Time High, Musk’s SNL Debut Up Next

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Dogecoin recently reached a new all-time high after another two platforms announced that they would offer the meme-inspired coin. Doge trade...

Oil Price Rally Vulnerable Amid Failure to Test March High

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The rally in the price of oil appears to be stalling ahead of the March high ($67.98) as it fails to extend the series of higher highs and l...

Breaking: Bank of England Tapers QE, GBP/USD Jumps

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BoE announces that it will slow QE purchases, while also upgrading their economic outlook. from DailyFX - Market News https://ift.tt/3b6AR...

USDTRY Drops as Turkey Keeps Rates Unchanged, Easing Cycle Expected to Begin Soon

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Risks surrounding Turkish Lira persist despite lack of rate cut from Turkey’s Central Bank from DailyFX - Market News https://ift.tt/3vKL3...

Gold Price Latest - XAU/USD Trapped by Resistance, Will US NFPS Stoke a Move in US Treasury Yields?

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Gold continues to bump into resistance around $1,800/oz. and traders will now wait to see if the latest US jobs report sets up a clean break...

Bank of England Preview: Will the BoE Taper QE?

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BoE watchers eyeing a possible QE taper amid the improving UK economic backdrop and QE capacity restraints. from DailyFX - Market News htt...

Ethereum (ETHUSD) Outperforms as Bitcoin (BTCUSD) Shows Signs of Exhaustion

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Altcoins build on positive momentum as Bitcoin struggles in its approach to 60,000 from DailyFX - Market News https://ift.tt/3xSINOj via ...

Trading Forex at the News Release

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Learn how to trade forex news at the release with our top news trading strategies from DailyFX - Market News https://ift.tt/3xSieJ2 via I...

Canadian Dollar (CAD) Price Outlook: USD/CAD Poised For Further Leg Lower

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USD/CAD looks ready to resume its previous decline after relative stability in the pair over the past seven days, with CAD benefiting from t...

British Pound Aims Higher with BOE Stimulus Unwind in Focus

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The British Pound is on the upswing and may gain more ground against the Euro as all eyes turn to the Bank of England for clues about its pl...
Wednesday, 5 May 2021

Crude Oil Prices May Turn Lower From Key Chart Barrier

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Crude oil prices were unable to capitalize on an outsized draw from US inventories amid signs of softer end demand. Technical positioning wa...

Gold Price Forecast: Fed Speak in Drivers Seat as Jobs Report Approaches

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Gold prices look to the highly-anticipated non-farm payrolls report, but the Federal Reserve and its members' reaction to the jobs print...

AUD/USD Sinks as China Suspends Economic Talks with Australia, Will Support Break?

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The Australian Dollar fell as China’s NDRC suspended economic talks with Australia ‘indefinitely’, risking escalating tensions. AUD/USD rema...

Bitcoin Rebounds Back Towards $60K, Dogecoin Continues its Upward Surge

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Bitcoin prices may continue to recover lost ground in the coming days on the back of US bank adoption, while Dogecoin could drift lower ahea...

S&P 500 Index May Lead Nikkei 225 and ASX 200 Higher Amid Reflation Theme

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The S&P 500 index edged marginally higher as traders continued to rotate out from growth and into value stocks on reflation hopes. APAC ...

The Federal Reserve Bank: A Forex Trader’s Guide

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Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions. from DailyFX - Market News https://ift.tt...

New Zealand Dollar Analysis: NZD/USD Energy Builds After Positive Economic Data

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NZD/USD momentum appears primed to continue following an upbeat building permits figure showing a 17.9% month-over-month rise for March. f...

Crude Oil Price Outlook: WTI Peels Back from Year-to-Date Highs

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Crude oil price action is struggling to take out technical resistance near the $66.00-handle as India, the world's third largest oil imp...