Australian Dollar Forecast: Iron Ore Prices Counterbalancing Dovish RBA

The Australia Dollar may continue to gain ground on the back of surging iron ore prices, despite the RBA’s decision to extend its current $100 billion bond purchasing program.

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Gold Price Forecast: Can the US Dollar Save Gold from a Breakdown?

Gold prices subdued, familiar resistance caps. Downside risks remain unless USD cracks key support.

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Euro Stoxx 50 Climbs to Pandemic Record, 10yr Bund Yields Rise to Five Month High

Despite continued economic struggles in the Eurozone, the EU Stoxx 50 has risen to a fresh pandemic high and yields on the 10yr German Bund continue to rise, signaling rising optimism in Europe's f...

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South African Rand Dollar Forecast: USD/ZAR Eyes January Lows

USD/ZAR looks to test January lows following the State of the Nation Address

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British Pound Outlook: Sterling Continues to Move Higher, Vaccination Program Hitting Target

Sterling continues to move higher, with 13 positive weeks in the last 15, on marginally better-than-expected GDP data and a successful vaccination program.

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Gold, S&P 500 Firm Despite Consumer Sentiment Report Miss

Gold price action attempts to turn higher as the US Dollar slips while stocks bounce off session lows following the consumer sentiment report release that just crossed market wires.

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Currency Volatility for the Week Ahead: GBP/USD & AUD/USD in Focus

Currency volatility hovering around recent lows, prompting sideways price action across FX markets.

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Gold Price Outlook: XAU/USD Giving Back All of This Week's Gains

A see-saw week for gold with all of the gains seen in the first half of the week given back in the second half as traders struggle to find a balance.

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DAX 30, CAC 40 Forecast: Indecision Creeps in, Bears Try to Regain Control

Equity markets are struggling to find further upside despite positive data and sentiment

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British Pound (GBP) Latest: GBP/USD Upside Persists , EUR/GBP Bearish - UK GDP Firms

UK GDP provides little support given unsurprising beat. EUR/GBP remains bearish below 0.8860.

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Dow Jones, S&P 500 Forecast: Surge to Record Highs Running out of Steam

The S&P 500 and Dow Jones could be at risk of a short-term pullback despite a relatively positive earnings season, accommodative monetary policy settings and the prospect of additional fiscal stimu...

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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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Crude Oil Slips as OPEC, IEA Cut Demand Outlook, Gold Eyes US Stimulus

Crude oil ends 8-day winning streak on demand outlook cuts, gold slips on better-than-expected jobless claims data. US stimulus progress, weak USD to underpin energy and metal prices.

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Australian Dollar Rises as Lunar New Year Begins – Will AUD/USD Gain Further?

The Australian Dollar rose despite dovish commentary from RBA board member Ian Harper, who suggested their QE program has more room to run, if necessary. Elsewhere, Asia-Pacific trading is looking ...

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Bitcoin (BTC/USD) Breaks to New Highs as Twitter, Uber Follow Tesla

Bitcoin (BTC/USD) Threatens Higher-Highs after Twitter, Mastercard and Uber hint at following in Tesla’s footsteps

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USD/MXN Bounces as Bank of Mexico Elects to cut rates by 0.25%

Following the Bank of Mexico's decision to cut rates by 25 bps, USD/MXN bounced towards 20.00 in immediate trade.

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DailyFX Forex Trading Course Walkthrough: Part Ten

It's our final installment but the journey is just beginning. A trader's education continues throughout their career and items like psychology become increasingly important.

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DailyFX Forex Trading Course Walkthrough: Part Nine

In this installment we begin to discuss the topic of strategy with a simple yet utilitarian indicator moving average divergence convergence (MACD) to help with identifying potential market opportun...

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DailyFX Forex Trading Course Walkthrough: Part Eight

Indicators can be helpful but they can also be dangerous if relied upon too heavily because, after all, they're only simple indications based on the past.

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DailyFX Forex Trading Course Walkthrough: Part Seven

We introduced charts in our series but there's a lot that goes into technical analysis. In this installment, we attempt to condense it down to the lowest common denominator.

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