Japanese Yen Forecast: USD/JPY Key to Short-Term US Dollar Direction

Major FX pairs trade in choppy conditions. Eyes on Fed Chair Powell and President-Elect Biden speeches

from DailyFX - Market News https://ift.tt/2KjA7ws
via IFTTT

BTC/USD: Bitcoin Shruggs Off Lagarde's Comments, Up Above 38,000

Bitcoin continues its bullish run and pushes above 38,000 but price may see consolidation in the short-run

from DailyFX - Market News https://ift.tt/35EzViS
via IFTTT

British Pound (GBP) Latest: GBP/USD Stable Ahead of Biden Stimulus Package

GBP/USD, like most of the financial markets, will likely be on hold this session ahead of an expected announcement by Joe Biden of his fiscal stimulus plans and a speech by Jerome Powell.

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

DAX 30 Poised to Extend Climb Despite Threat of Extended Restrictions

Germany’s benchmark DAX 30 index may continue pushing higher in the near term, despite the threat of elongated lockdown measures amid a relentless rise in Covid-19 cases.

from DailyFX - Market News https://ift.tt/2XDzm4f
via IFTTT

Gold Price Outlook at Risk to Biden Stimulus Push, Crude Oil Eyeing OPEC Report

Gold prices may be at risk after reports came out that Joe Biden may push for a USD 2 trillion stimulus package. Crude oil prices face OPEC’s monthly outlook report after oversupply concerns.

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

AUD/USD Shrugs Off China Trade Data, Sinks on Biden Stimulus News

Chinese trade data for December came across the wires above expectations, but the Australian Dollar and markets are keying in on news that the incoming Biden administration is aiming for a much hig...

from DailyFX - Market News https://ift.tt/35Eg4Aa
via IFTTT

ASX 200, Hang Seng Index Eye China Trade Data. S&P 500 on the Defensive

The S&P 500 index rose slightly overnight, led by defensive sectors including utilities, real estate and information technology. Asia-Pacific investors eye China’s trade balance for clues on a reco...

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

AUD/NZD Aims Higher with Chinese Economic Data in Focus

Treasury yields fell after strong auction demand on the 30-year bond as Wall Street moved higher. Meanwhile, AUD/NZD may be poised for further upside with bullish technical signals on the horizon.

from DailyFX - Market News https://ift.tt/3qnL5QV
via IFTTT

US Dollar Outlook: USD Price Action Eyes Biden Stimulus Proposal

The broader US Dollar edged higher on Wednesday despite a deeper pullback in Treasury yields. USD price action turns to president-elect Biden who is due to release details of his fiscal stimulus pl...

from DailyFX - Market News https://ift.tt/35DkuXT
via IFTTT

Gold Price Forecast: Rising Yields Threaten XAU/USD as Technicals Sour

Gold has seen a prolonged decline since its August peak, establishing a series of lower highs and lower lows in the process. As treasury yields rise, gold may lose some of its remaining luster.

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

AUD/USD Rate Outlook Hinges on Break of January Opening Range

AUD/USD preserve the opening range for January as it breaks out of the series of lower highs and lows from the previous week.

from DailyFX - Market News https://ift.tt/38EqjX2
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/3spDAdO
via IFTTT

Bitcoin (BTC) Builds for the Next Big Break, BTC/USD Levels

Is Bitcoin a bubble in process of bursting, or is this a simple pullback on the way to fresh higher-highs?

from DailyFX - Market News https://ift.tt/2MXA7mB
via IFTTT

USD/CAD Trades in Defined Range as US Dollar Tracks Risk Sentiment

Swings in risk appetite may sway USD/CAD ahead of the BoC’s first meeting for 2021 as the US Dollar still reflects an inverse relationship with investor confidence.

from DailyFX - Market News https://ift.tt/35A7cLK
via IFTTT

Euro Hit by Italian Political Risks, GBP Gains Despite Firm USD - US Market Open

Markets slightly softer, while GBP gains despites firm USD.

from DailyFX - Market News https://ift.tt/3soGfV6
via IFTTT

Gold Price Outlook: Awaiting Breakout as Support Holds for Now

All eyes on bond yields for near-term directions for gold. Support holds for now, however, upside remains capped.

from DailyFX - Market News https://ift.tt/2LjN5uF
via IFTTT

Natural Gas Outlook: Supply Chain Disruptions Boost LNG Spot Prices

Natural Gas strong start to the year has brought prices to key historical levels. Will fundamentals continue to support higher prices or will resistance hold?

from DailyFX - Market News https://ift.tt/38D6Ypa
via IFTTT

FTSE 100 Stagnates as Investors Look for Guidance on Inflation Concerns

Equities continue to trade with caution as US CPI figures are expected to shed a light on inflation concerns

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

EUR/GBP Price Outlook - Testing Multi-Week Lows as Important Support Levels Breakdown

Euro Sterling has been on a downward trajectory since late December and this week broke below some important technical indicators.

from DailyFX - Market News https://ift.tt/35ARD6u
via IFTTT