Thursday, 24 December 2020

Top Trading Lessons: Euro and Sterling Shrug Off Brexit Talks Between EU and UK

This past year was meant to be the one when both the Euro and especially the British Pound suffered from the tortuous negotiations between the EU and the UK on their post-Brexit relationship.

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Top Trading Lessons: Pandemic vs the Central Banks

In a year when so much went on, I think one of the more surprising items is how little economic pain actually showed in global equity markets, particularly in the US.

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British Pound Rallies as EU-UK Reach Brexit Deal

After four-plus years of negotiations over the terms of Brexit, the EU and the UK have reached an agreement.

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Sterling Q1 2021 Forecast: Starting to Look a Better Prospect

The first quarter of 2021 looks set to be an intriguing, and volatile, three months for sterling-denominated assets and traders

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South African Rand Forecast: USD/ZAR, GBP/ZAR,EUR/ZAR Price Setup

New coronavirus strain weighs on risk sentiment, muting price action

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Euro Outlook: EUR/USD, EUR/GBP Levels to Watch

G10 FX muted with the exception of GBP. EUR/USD maintains range, EUR/GBP breaking key support.

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FTSE 250: UK Shares Strong as Traders Await Brexit Confirmation

UK shares push higher as news breaks of a Christmas Eve Brexit deal

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Brexit Trade Deal Expected Imminently, Sterling (GBP) Strengthens Across the Board

The EU and UK are expected to announce a post-Brexit trade deal shortly leaving Sterling free to move higher against a range of currencies.

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Wednesday, 23 December 2020

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.

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Crude Oil, Gold Prices Rally to Resistance With Brexit Deal Around Corner

Crude oil and gold prices benefited from US Dollar weakness amid promising signs of an imminent Brexit deal. All eyes are on Boris Johnson, Donald Trump and the new virus strain.

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Swiss Franc Technical Analysis: NZD/CHF, CAD/CHF, AUD/CHF Setups to Watch

Chart setups in the Swiss Francoffer key price levels and patterns that can give way to potential swings in the coming week across NZD/CHF, CAD/CHF, and AUD/CHF.

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ASX 200, Hang Seng May Ride the Brexit Tailwind as Dow Drifts Higher

Asia-Pacific stocks are set to trade higher as a cyclical bid into financial and energy shares lifted the Dow Jones and S&P 500 overnight. US fiscal stimulus deal and Brexit trade talks remain in f...

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AUD/USD, AUD/NZD Struggle on Technical Themes as Traders Eye Holiday Break

The Australian Dollar is taking a break from its longer-term bullish theme with AUD/USD and AUD/NZD struggling against technical levels. Meanwhile, Wall Street trading was mixed as recent economic ...

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USD Price Outlook: US Dollar Back on Defense as Brexit Weighs

The US Dollar gravitated lower during Wednesday's trading session on the heels of GBP/USD price action surging in response to rumors that a Brexit trade deal has been reached.

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Brexit Latest: British Pound Rallies as EU-UK Agreement Nears - Levels for GBP/JPY, GBP/USD

Over the past few hours, reports have emerged that the EU and UK have agreed to a framework for a Brexit deal.

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US Dollar Price Action into 2021: EUR/USD, GBP/USD, USD/JPY

It was a putrid period for the US Dollar from the March highs into December. Is there any hope remaining for USD bulls in 2021?

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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...

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Natural Gas: EIA Weekly Natural Gas Storage Report Preview

stimates suggest that the December 23rd EIA figures will reflect a further reduction in underground natural gas storage, which may buoy prices in the short term

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Brexit Latest: GBP/USD Jumps on Talk of a Brexit Deal Emerging

GBP lifted as speculation rises over a potential Brexit deal, however, eyes are focussed on official confirmation.

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S&P 500 Index Futures Overlook Soft US Economic Data

S&P 500 Index futures are hovering near session highs while the US Dollar slumps toward intraday lows as markets digest a round of mixed economic data and the latest Brexit headlines.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...