AUD/USD Rate Attempts to Retrace Post-NFP Decline to Defend 2021 Low

AUD/USD appears to be defending the 2021 low (0.7564) as the exchange rate attempts to retrace the decline following the US Non-Farm Payrolls (NFP) report.

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Bitcoin (BTC/USD), Ethereum (ETH/USD) Outlook: Will Stimulus Checks Buoy Crypto?

Bitcoin (BTC/USD) and Ethereum (ETH/USD) edged higher last week in attempt to rebound from their recent rout. Will stimulus checks support the cryptocurrency market amid US Dollar strength?

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Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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Mexican Peso Price Forecast: USD/MXN Breakout to Fibonacci Resistance

It's been a counter-trend type of year so far for USD/MXN. But with a key Fibonacci level coming into play following a falling wedge breakout - might the tides be nearing a turn?

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EUR/USD Rate on Cusp of Testing 200-Day SMA Ahead of ECB Rate Decision

EUR/USD is on the cusp of test the 200-Day SMA (1.1813) for the first time since May 2020 as the exchange rate fails to defend the January low (1.1952).

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Three Women Leaders Changing Finance, Economics and Business

To mark International Women’s Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.

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USD/JPY Price Outlook: USDJPY Vulnerable to Pullback amid Bullish Surge

USD/JPY surged after a rise in US bond yields and a stronger US dollar. However the overbought RSI points to a potential near term pullback

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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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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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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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