Bitcoin Bulls Backed by Tesla, CME launches Ethereum futures

Tesla’s Bitcoin buy-in drives price action to fresh highs while Ether lags behind

from DailyFX - Market News https://ift.tt/3p5iH55
via IFTTT

USD/CAD Snaps February Opening Range to Put Upward RSI Trend at Risk

USD/CAD snaps the opening range for February and the RSI may offer a bearish signal if the indicator fails to retain the upward trend from earlier this year.

from DailyFX - Market News https://ift.tt/2Om8c0t
via IFTTT

Currency Volatility Subdued, USD Drops, EUR & GBP Benefit - US Market Open

Safe-havens outperform as USD reverses. EUR tops 1.21 and GBP eyes 1.38

from DailyFX - Market News https://ift.tt/3jz1srv
via IFTTT

Japanese Yen Latest: USD/JPY Reversal, EUR/JPY Coiling for a Breakout

USD/JPY rejects 200DMA, however, reversal may find dip buyers. EUR/JPY coiling for a breakout

from DailyFX - Market News https://ift.tt/36U4cuE
via IFTTT

South African Rand Outlook: ZAR Robust Despite Vaccine Interruption

Confusion around vaccine efficacy has not stopped Rand bulls as USD/ZAR continues its push lower toward key support levels

from DailyFX - Market News https://ift.tt/3rFL5fN
via IFTTT

FTSE 100 Forecast: Mean-Reverting at Current Range as Fundamentals Play Out

The FTSE 100 is unable to benefit from bullish momentum and remains around its 61.8% Fibonacci

from DailyFX - Market News https://ift.tt/3q5yGBd
via IFTTT

US Dollar Sell-Off Continues as Risk Markets Remain Buoyant

The US dollar sold-off for the second day as investors continue to look at risk markets positively despite some lofty valuations

from DailyFX - Market News https://ift.tt/3p2Jqzc
via IFTTT

British Pound (GBP) Latest: GBP/USD Breaks Higher, More Gains Likely

GBP/USD has strengthened, climbing back above the January 27, 2021 high at 1.3759, hitting its highest level since April 2018 and well placed to advance further.

from DailyFX - Market News https://ift.tt/3q5vohh
via IFTTT

Euro Forecast: EUR/USD Buoyed by Stimulus Despite Slow Vaccination Rate

The Euro-area’s cumbersome vaccine rollout, in tandem with a notable rise in inflation expectations, may cut short the Euro’s recovery against the US Dollar.

from DailyFX - Market News https://ift.tt/3jzNmq2
via IFTTT

Gold, Silver Price Forecast: Edging Higher as the US Dollar Retreats Lower

Gold and silver prices moved higher as the US Dollar eased from recent highs. Precious metal prices are backed by rising inflation expectations as fiscal stimulus appears to be down the road.

from DailyFX - Market News https://ift.tt/2Z04awU
via IFTTT

US Dollar Outlook: SGD, THB at Risk as Treasury Yields Rise. USD/PHP Eyeing BSP

The US Dollar may continue stabilizing versus the Singapore Dollar as longer-term Treasury yields rise. USD/PHP is eyeing the Philippine central bank, with USD/INR facing Indian CPI data.

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

Dow Jones Hits Record on Stimulus, Will Hang Seng and ASX 200 Follow?

Asia-Pacific equities may embrace another “risk-on” session as major US indices broke fresh highs on hopes that Democrats will push through a large stimulus bill. Crude oil climbed. Bitcoin soared ...

from DailyFX - Market News https://ift.tt/3rN52Bt
via IFTTT

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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

Bitcoin Price Analysis: Tesla Adoption Propels BTC/USD to Record Highs

Tesla’s adoption of Bitcoin as a form of payment has propelled the cryptocurrency to fresh record highs. Rising inflation expectations may also bolster BTC in the near term.

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

US Dollar Outlook: AUD/USD Whipsaws on Revived Reflation Trade

FX traders faded US Dollar strength and sent AUD/USD price action whipsawing higher on Monday. Will fresh reflation trade optimism undermine the broader US Dollar rebound?

from DailyFX - Market News https://ift.tt/3jxKpq0
via IFTTT

Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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

S&P 500 Price Outlook: Can Stocks Continue to Rally?

The S&P 500 notched a new record high to start the week as risk assets rallied across the board. With improved sentiment and big tech earnings behind it, can the market rally continue?

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

FX Week Ahead - Top 5 Events: China, Mexico, & US Inflation Data; Fed Speeches; UK GDP

Price pressures are in focus for market participants with several inflation reports on deck.

from DailyFX - Market News https://ift.tt/36WVw6J
via IFTTT

NZD/USD Clears February Opening Range Amid Rebound Off of 50-Day SMA

The rebound off of the 50-Day SMA (0.7140) may gather pace as NZD/USD clears the opening range for February.

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

USD/ZAR Price Forecast: Rand Remains Resilient Despite Vaccine Drama

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