Friday, 5 March 2021

GBP Weekly Forecast: GBP/USD, GBP/JPY Struggling to Undo Change in Momentum

The British Pound continues to face downside pressure as corrective trades continue

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

Oil Price Forecast: Crude Eyes 2019 High Following OPEC JMMC Meeting

The price of oil approaches the 2019 high ($66.60), with recent developments in the RSI indicating that the bullish momentum could gather pace as it pushes back above 70.

from DailyFX - Market News https://ift.tt/3blA125
via IFTTT

US Dollar Rocketing Higher with Yields on Solid NFP Report

The US Dollar is extending gains into Friday morning trade with the broader DXY Index leaping nearly 0.6% to session highs sparked by a solid NFP report and latest upswing in Treasury yields.

from DailyFX - Market News https://ift.tt/38cJGG8
via IFTTT

South African Rand Outlook: ZAR Battered as Rising Bond Yields Persist

External global factors are stacking up against the Rand, while local fundamentals will take center stage this month. Possible trend reversal underway?

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

BTC/USD Forecast: Bitcoin Falls Victim to Wider Sell-Off in Financial Markets

Bitcoin has struggled to get a grip since the retracement from last week’s ATH

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

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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

Australian Dollar Forecast: Key Levels to Watch on AUD/USD Breakdown

Deterioration in risk sentiment prompts AUD/USD breakdown.

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

Thursday, 4 March 2021

US Dollar Price Forecast: Unfazed Fed, Real Yields to Undermine EUR/USD

The US Dollar may continue to claw back lost ground against the Euro, on the back of rising real yields and a Federal Reserve that is relatively unfazed by the recent sell-off in Treasury markets.

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

Gold Prices at Risk as Crude Oil Benefits from Surprise OPEC+ Output Hold

Gold prices may be at risk heading into US non-farm payrolls as longer-term Treasury yields climb. Will crude oil continue benefiting from OPEC’sshock decision to not raise production?

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

IBEX 35 and Euro Stoxx 50 May Rise as Eurozone Countries Cast an Eye to Reopening

European equities, such as the IBEX 35 and Euro Stoxx 50, may face near-term upside as Eurozone countries expand vaccination efforts and begin lifting COVID lockdown restrictions.

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

Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge

Treasury yields surged higher after Fed Chair Jerome Powell failed to cool bond market volatility. AUD/USD broke below a key trendline after safe-haven bids drove the US Dollar higher.

from DailyFX - Market News https://ift.tt/388WZHq
via IFTTT

US Dollar Outlook: USD/JPY on Fire as Yields Soar Post-Powell

USD/JPY to its strongest level in nine months near the 108.00-price as the US Dollar rockets broadly higher alongside another sharp rise in Treasury yields following Fed Chair Powell.

from DailyFX - Market News https://ift.tt/3uWQe5y
via IFTTT

Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook

The Euro has been weaker than one might expect against the trio of major commodity currencies as a risk-off mood has gripped global financial markets.

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

Canadian Dollar Price Forecast: USD/CAD Holds Support as USD Drives

Oil surging has helped CAD to remain strong, but can USD/CAD bulls finally clear the longer-term falling wedge? Or are deeper lows awaiting?

from DailyFX - Market News https://ift.tt/2MPzg7W
via IFTTT

Silver (XAG/USD) Slips Through Support, Platinum Indecisive

Silver prices slide, Platinum hindered by Fibonacci Support

from DailyFX - Market News https://ift.tt/3uV6fZB
via IFTTT

EUR/USD & Nasdaq Plunging as Powell Unleashes Yield Surge



from DailyFX - Market News https://ift.tt/3uOS0Wl
via IFTTT

Breaking: Crude Oil Prices Spike on Saudi and OPEC Surprise

Oil prices surge as Saudi Arabia and OPEC agree to refrain from boosting oil production.

from DailyFX - Market News https://ift.tt/2O0Ww3m
via IFTTT

Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

from DailyFX - Market News https://ift.tt/3uVMS2I
via IFTTT

Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Against the backdrop of rising bond yields, both the Bank of England and European Central Bank will meet over the next two weeks.

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

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...