Monday, 8 March 2021

DAX 30 Forecast: Long-Term Trendline Offers Critical Support

The bond market’s shakedown of equities continues, bond yields creep higher awaiting purchases information

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British Pound (GBP) Latest: Brexit Trouble Brewing, GBP/USD Weak But Sterling Strength Remains

The British Pound opens the week on the back foot against a resurgent US dollar as UK and EU post-Brexit talks take a turn for the worse

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Sunday, 7 March 2021

Dollar May Rise as Stimulus Boosts Yields, Pound Eyes Bailey Comments

The US Dollar may rise as yields rise after the Senate passes Biden’s $1.9 trillion stimulus plan. The British Pound eyes comments from BOE Governor Bailey.

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Gold, Crude Oil Price Forecast: Edging Higher on the Back of Stimulus, Saudi Oil Facility Attack

Gold prices bounced off a key support level after the passing of a major US stimulus package. Crude oil prices surged to a fresh 12-month high as Saudi Arabia’s oil facility was attacked.

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US Dollar Outlook: Treasury Yields May Continue Pressuring ASEAN, Emerging Market FX

The US Dollar may rise against ASEAN currencies like the Singapore Dollar and Indonesian Rupiah as longer-term Treasury yields climb. Will the BoC and ECB help cool bond markets?

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S&P 500, Hang Seng, ASX 200 Outlook: Strong NFP and Stimulus to Lead the Way Higher

Asia-Pacific equities are poised for a strong start as US stock benchmarks finished higher on robust NFP readings. Sentiment is further revitalized by the passing of US$ 1.9 trillion relief package...

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AUD/USD Aims to Retake Key Level as Markets Digest US Covid Stimulus News

Asia-Pacific financial markets will digest news that the US Senate passed a US$1.9 trillion Covid package. Australian consumer confidence and Chinese inflation data are on tap.

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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Crude Oil, ECB, BoC, Treasuries

Rising longer-term Treasury rates undermined the tech-heavy Nasdaq 100 as the Dow Jones rose last week. The US Dollar is outperforming again, with gold prices sinking as crude oil soars. The Euro a...

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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Nasdaq 100, S&P 500, Dow Jones Forecast: Growth, Tech Stocks Falling Out of Favor?

Rising longer-term Treasury yields and a relatively sanguine Fed may place the Nasdaq 100 at risk as the Dow Jones holds up. Are growth stocks falling out of favor for value ones?

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Saturday, 6 March 2021

Euro Forecast: EUR/USD to Weaken if ECB Increases Bond Buying

This Thursday’s meeting of ECB policymakers is live; there will be no major changes to Eurozone monetary policy but it could be tweaked in response to rising sovereign bond yields.

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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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Gold Price Outlook Remains Mired by Broader Recovery in US Yields

The recovery in longer-dated US Treasury yields may keep gold prices under pressure as the Federal Reserve appears to be in no rush to alter the path for monetary policy.

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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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DailyFX Forex Trading Course Walkthrough: Part Six

Technical analysis is a popular field of study in FX markets even though it is simply an examination of the past.

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DailyFX Forex Trading Course Walkthrough: Part Five

In our last installment, we looked at the 'who,' and this time we shift our focus to the 'what.' What are the biggest news events for the FX market?

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Crude Oil Prices Aiming Higher on OPEC Surprise, Inflation Expectations

Supply constraints, rebounding global demand and rising inflation expectations may drive crude oil prices higher in the near term.

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DailyFX Forex Trading Course Walkthrough: Part Four

Fundamental analysis is key for projections, but since the global financial collapse, there's been a dominant force that traders need to account for, and that's the Central Bank.

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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...