Crude Oil Price Forecast: MACD Death Cross Signals a Deeper Pullback

Crude oil prices declined for a second day amid fears of a post-Thanksgiving viral resurgence which may dampen the demand outlook. Traders expect a 1-million-barrel draw from US crude inventories.

from DailyFX - Market News https://ift.tt/34a8a0T
via IFTTT

Natural Gas Prices May Fall Further on Warmer Weather, Technical Outlook

Natural gas prices may see further losses despite a perch above chart support after falling last week as NOAA called for warmer temperatures.

from DailyFX - Market News https://ift.tt/37MdFn5
via IFTTT

Dow Jones Pullback Sets A Sour Tone for Nikkei 225, Straits Times Index

The Dow Jones and S&P 500 index pulled back from record highs while the Nasdaq registered a small gain amid a post-Thanksgiving viral resurgence. Singapore’s stock market saw institutional inflow s...

from DailyFX - Market News https://ift.tt/2VQbp91
via IFTTT

Australian Dollar Outlook: AUD/USD, AUD/NZD Aim Lower on Sentiment, Technicals

US equities mostlytraded lower to start the week as fears crept back into markets over rising Covid-19 cases. Meanwhile, the Australian Dollar appears prone to further losses and AUD/NZD has formed...

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

FX Week Ahead: December BOC Rate Decision and USD/CAD Rate Forecast

The December Bank of Canada rate decision will conclude on Wednesday, December 9 at 15:00 GMT.

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

Nasdaq 100 Outpaces Dow Jones, S&P 500. Has The Rotation Ended?

The Nasdaq 100 enjoyed a return to form to start the week, outpacing the Dow Jones and S&P 500 as technology stocks showed signs of strength. Does this mark the end of the rotation trade?

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

FX Week Ahead: November Mexican Inflation & USD/MXN Rate Forecast

The November Mexican inflation (CPI) report will be released on Wednesday, December 9 at 13:00 GMT.

from DailyFX - Market News https://ift.tt/36V7rlY
via IFTTT

FX Week Ahead - Top 5 Events: Brexit Deal Deadline & EUR/GBP Rate Forecast

Will a Brexit deal be reached? EUR/GBP rates don’t seem to think so. But any outcome is still possible as UK PM Johnson heads to Brussels.

from DailyFX - Market News https://ift.tt/3orIPH6
via IFTTT

Black Friday & the Stock Market: Economy, Consumers & Shares

From the Black Friday stock market crash to retail frenzy, what does Black Friday mean for retail?

from DailyFX - Market News https://ift.tt/3m7SXUN
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

Euro Rally Pauses as Brexit Lingers - Outlook Remains Bullish for EUR/USD, EUR/JPY Rates

The Euro rally has paused, but a small setback may not mean the bullish breakout attempts are finished.

from DailyFX - Market News https://ift.tt/37MMclz
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

Gold Price Forecast: Gold Bulls on the Bid, XAU Rallies to Resistance

Gold put in a strong pop this morning, giving rise to the thought that buyers might be getting back in control to push the longer-term bullish cycle.

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

USD/CAD Rate Rebound Vulnerable as RSI Sits in Oversold Territory

USD/CAD may extend the series of lower highs and lows from the start of the month as the RSI sits in oversold territory for the first time since June.

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

Markets Week Ahead: GBP/USD, Brexit, EUR/USD, ECB, Dow Jones, Vaccine Doses

Market sentiment improved as the Nasdaq Composite, Dow Jones climbed. Investors are looking forward to Covid relief bills from the US as the world heads for its first vaccine doses. EUR/USD awaits ...

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

USD/ZAR Outlook: Rand Anticipates Positive South African Q3 GDP Data

Tomorrows SA Q3 GDP data could carry the Rand toward a green December with a significant economic rebound.

from DailyFX - Market News https://ift.tt/2K00lmR
via IFTTT

DAX 30 Lacks Bullish Momentum, EUR/USD Buyers Eyeing Pullbacks

Equity markets struggle to keep bullish momentum as vaccine enthusiasm gives way to political uncertainty

from DailyFX - Market News https://ift.tt/33PSgbE
via IFTTT

Ripple (XRP) Setting Up for a Breakout as Bullish Pennant Forms

Ripple has consolidated its recent gains and is now looking at pressing further ahead if a bullish technical pattern holds true.

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

Sterling (GBP) Continues to Crumble as EU/UK Brexit Talks Hit a Roadblock

GBP/USD is down nearly two cents in early turnover on a raft of negative Brexit trade talk headlines.

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

British Pound Outlook: No-Deal Brexit Fears to Undermine GBP/USD

The politically-sensitive British Pound could be at risk of extended losses as a no-deal Brexit scenario becomes increasingly likely.

from DailyFX - Market News https://ift.tt/3mLe27T
via IFTTT