Sunday, 14 March 2021

USD/CNH Slides Lower on Chinese Retail Sales, Industrial Production Data

The Chinese Yuan strengthened against the US Dollar on the back of strong retail sales and industrial production data. Attention now turns to the upcoming meeting between US and Chinese delegates o...

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S&P 500, Hang Seng, ASX 200 Outlook: Chinese Data and Central Banks in Focus

Chinese industrial production and retail sales data may set the tone for the Asia Pacific open following a mixed US trading session. FOMC, BoE and BOJ interest rate decisions will be closely eyed t...

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Australian Dollar Outlook: Iron Ore May Pull AUD/USD Higher if Chinese Data Impresses

The Australian Dollar may see an influx of strength if iron ore prices rise on better-than-expected Chinese economic data.

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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Markets Week Ahead: Dow, Bitcoin, EUR/USD, Fed Update, Stimulus, Yields

Markets have been quite choppy over the last few trading sessions with risk trends and investor sentiment improving more recently. Will the Fed meeting on deck reignite volatility in the week ahead?

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Nasdaq 100 Forecast: Will Calming Yields Revive the Tech Sector?

A tepid US core CPI reading and smooth Treasury note auctions last week calmed longer-term yields, which alleviated pressure on tech sector. Will this trend be sustained?

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Saturday, 13 March 2021

Mexican Peso Outlook: USD/MXN Strongly Correlated to Bond Yields

USD/MXN hits 5-month high as bond yields pick up pace.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Euro Forecast: EUR/USD Well Supported as Global Central Banks Meet

Last week’s meeting of ECB monetary policymakers failed to weaken Eurozone bond yields, and any further moves higher this week would likely result in corresponding gains for EUR/USD.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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Gold Price Forecast: XAU/USD Hinges on Fed Meeting, Real Yields

XAU/USD price action caught a much-needed bid this past week as gold pushed higher thanks to help from a slightly softer US Dollar. Will the Fed meeting on deck spark another precious metal selloff?

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US Dollar Outlook Hinges on Federal Reserve Forward Guidance

Fresh forecasts coming out of the Federal Reserve are likely to influence the US Dollar as Fed officials are slated to update the Summary of Economic Projections (SEP).

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DailyFX Forex Trading Course Walkthrough: Part One

While the FX market shares many similarities with other markets, there is considerable nuance that one will want to learn when getting started in Foreign Exchange.

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Friday, 12 March 2021

New Zealand Dollar Forecast: NZD/USD Rebound Hinges on FOMC Meeting

The New Zealand Dollar has regained lost ground against the US Dollar in recent days and remains poised to continue pushing higher. However, the upcoming FOMC rate decision may ultimately define th...

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Australian Dollar Risks Wilting if Fed Remains Sanguine on Treasury Yields

The Australian Dollar is aiming to resume its uptrend, but the Fed and its take on the bond market still poses a risk to it ahead. AUD/USD may thus look past Australia’s jobs report.

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FX Week Ahead - Top 5 Events: US Retail Sales; Canada Inflation; BOE & Fed Rate Decisions; Australia Jobs

The economic calendar is supersaturated as we turn through the ides of March.

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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.

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Gold Price (XAU/USD) Outlook - Looking Over the Edge of a Cliff

The precious metal remains at risk of a further sell-off with little in the way of strong support ahead of the low $1,600s.

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S&P 500 Forecast: Fund Flows Reveal Tech, Treasury and Gold Weakness

Tech stocks and US Treasury funds show signs their routs are losing steam while gold continues to display signs of weakness.

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South African Rand Dollar Price Forecast: USD/ZAR Bounces Between Key Levels

The Resilient Rand Remains at the Mercy of US Dollar Strength

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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...