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

ASX 200, S&P 500 Index Forecasts: Healthy Correction Underway

The ASX 200 index is set to open mildly lower after a mixed Wall Street session despite rising iron ore prices. Crude oil prices surged to an eight-month high. Weaker US jobs data sank the US Dollar.

from DailyFX - Market News https://ift.tt/3n7R0bj
via IFTTT

Australian Dollar Hits Two Year High as Iron Ore Soars

Wall Street ended the day mixed as stimulus talks in Washington continued to drag on without a deal in sight. Meanwhile, the Australian Dollar extended its run into fresh multi-year highs as soarin...

from DailyFX - Market News https://ift.tt/3gMNKA9
via IFTTT

USD Price Outlook: US Dollar Bears Attempt Another Push

US Dollar selling pressure resumed on Thursday as USD price action pivoted toward week-to-date lows, but a weaker Pound Sterling helped alleviate some of the downside notched by the DXY Index.

from DailyFX - Market News https://ift.tt/2W6fA0k
via IFTTT

DAX 30, CAC 40, FTSE 100 Forecasts for the Week Ahead

European indies have entered consolidation mode after surging higher in November. After treading water for days, the DAX 30 and CAC 40 appear slightly vulnerable but the bullish trend remains intact.

from DailyFX - Market News https://ift.tt/3gy4ScH
via IFTTT

Oil Price Rally Eyes March High as RSI Flirts with Overbought Zone

The price of oil approaches the March high ($48.66) as it tracks the upward trend from November, with the rally pushing the RSI towards overbought territory.

from DailyFX - Market News https://ift.tt/3a0TEvN
via IFTTT

Euro Post-ECB: EUR/USD, EUR/JPY Tangle with Big Resistance

It's an ECB day and the single currency has rallied even with the bank's stimulus announcement.

from DailyFX - Market News https://ift.tt/2W3rurS
via IFTTT

USD/CAD Forecast: Post-BoC Breakdown Keeps RSI in Oversold Zone

USD/CAD snaps the range bound price action from earlier this week, and the RSI warns of a further decline in the exchange rate as it holds in oversold territory.

from DailyFX - Market News https://ift.tt/3oEtkf9
via IFTTT

Euro Rises With ECB Delivering More Stimulus as Widely Expected

As expected, ECB delivers further stimulus, Euro edges higher.

from DailyFX - Market News https://ift.tt/373Ns4i
via IFTTT

GBP/USD - The Next Leg Lower on Negative Brexit Headlines

Sterling is falling sharply across the board as the US enters the fray on the latest round of negative Brexit headlines.

from DailyFX - Market News https://ift.tt/376aJmu
via IFTTT

Gold Price Remains Under Pressure and Looks For Guidance

Gold continues to push lower after Wednesday’s sell-off and recently supportive moving averages and Fibonacci retracements are under pressure.

from DailyFX - Market News https://ift.tt/3a08sLk
via IFTTT

Euro Latest: ECB to Focus on EUR/USD, EUR/GBP Strengthens as Brexit Hopes Diminish

European Central Bank policy meeting in focus, Brexit hopes fade with new deadline set for Sunday

from DailyFX - Market News https://ift.tt/39ZyLl0
via IFTTT

British Pound (GBP) Latest: GBP/USD Under Pressure as Brexit Endgame Nears

A post-Brexit trade deal is beginning to look increasingly unlikely as significant gaps remain between the two sides.

from DailyFX - Market News https://ift.tt/2K7ZRv9
via IFTTT

Crude Oil Prices Seesaw on Iraq Oil Well Attack, US Inventory Surge

Crude oil prices seesawed on news of an attack on two Iraqi oil fields and a shockingly large US inventory surge. The chart setup warns that a downturn may be ahead.

from DailyFX - Market News https://ift.tt/37U3ddg
via IFTTT

S&P 500, Dow Jones Hinge On Stimulus Talks as Covid-19 Cases Surge

The S&P 500 and Dow Jones could be at risk of a more extended pullback as the absence of a much-needed fiscal support package, and climbing Covid-19 case numbers, weigh on sentiment.

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

Copper Price Forecast: Chinese Demand, Weak USD May Lift the Red Metal into 2021

Copper prices are postured for the first weekly loss since October after the red metal rallied to its highest point since early 2013. The fundamental backdrop appears to support higher highs ahead,...

from DailyFX - Market News https://ift.tt/3m4oWVc
via IFTTT

Nasdaq 100 Falls Most In a Month, Nikkei 225 and Hang Seng May Drop

The Nasdaq 100 index tumbled over 2% as the US stimulus package appeared to have stalled whereas Covid vaccines are on course to be rolled out. Asia-Pacific markets are poised for a pullback.

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

British Pound Outlook: GBP/NZD, GBP/AUD React to Brexit Dilemma

The British Pound treaded lower following news that UK Prime Minister Johnson and EU Commission President Ursula von der Leyen failed to make significant headway during dinner in Brussels. GBP/NZD ...

from DailyFX - Market News https://ift.tt/3oDlNx7
via IFTTT

USD Price Outlook: US Dollar Volatility to Take Cue from EUR & GBP

USD price action traded mixed throughout Wednesday with the DXY Index gaining a mere 0.1% on balance as the US Dollar strengthened against the Euro but weakened relative to the Pound Sterling.

from DailyFX - Market News https://ift.tt/39YvG4G
via IFTTT

Brexit Latest: GBP/JPY, GBP/USD Rates Pin Breakout Hopes on Brexit Deal

The EU-UK leadership tandem agreed to keep negotiating until Sunday, December 13, at which point a “decision” will be made.

from DailyFX - Market News https://ift.tt/372peaF
via IFTTT