Tuesday, 30 March 2021

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

from DailyFX - Market News https://ift.tt/3nTLr0h
via IFTTT

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

from DailyFX - Market News https://ift.tt/2Pk8uFV
via IFTTT

Nasdaq Price Outlook: Stocks Unfazed by Robust Consumer Confidence

The Nasdaq was off by about -1% and hovering near session lows with Treasury yields back on the rise, but can a big beat on consumer confidence data help stem the bleed?

from DailyFX - Market News https://ift.tt/3dn8Ymu
via IFTTT

AUD/USD Technical Outlook Mired by Head-and-Shoulders Formation

Failure to defend the February low (0.7564) casts a bearish outlook for AUD/USD as a head-and-shoulders formation takes shape.

from DailyFX - Market News https://ift.tt/3fq5kLk
via IFTTT

Japanese Yen Outlook: Fresh Highs for USD/JPY as U.S. Dollar Advances

USD/JPY continues to push higher as U.S. Treasury yields prompt a stronger dollar, while technical set-ups could point to upcoming bearish reversals.

from DailyFX - Market News https://ift.tt/2QPWA7c
via IFTTT

Market Sentiment Positive, USD Strengthens But Stocks Climb Too | Webinar

Trader confidence is holding up well in the markets, with stocks still pushing ahead, but US Treasury yields and the US Dollar also continue to climb, and gold is suffering.

from DailyFX - Market News https://ift.tt/3sNxHH6
via IFTTT

Canadian Dollar Outlook: USD/CAD Key Levels to Watch for OPEC

Oil prices to underpin Canadian Dollar as OPEC look to rollover production quotas.

from DailyFX - Market News https://ift.tt/3m8s6bZ
via IFTTT

Euro Forecast: EUR/CHF, EUR/NOK. EUR/SEK Rates Outlook

A look at some of the non-major EUR-crosses.

from DailyFX - Market News https://ift.tt/3u3Kiq4
via IFTTT

DAX 30 Sets Record High as Positive Momentum Consolidates

The DAX 30 continues to push higher as positive momentum spills over from the US

from DailyFX - Market News https://ift.tt/2QSuU1t
via IFTTT

Gold Price (XAU/USD) Slumps as US Treasury Yields Hit a Fresh 14-Month High

Gold is coming under heavy selling pressure and support levels look weak as US Treasury yields continue to press higher.

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

British Pound (GBP) Latest: EUR/GBP Weakness Likely to Persist

The UK is easing coronavirus lockdown rules while concerns continue about rising Covid-19 cases in Europe, potentially weakening EUR/GBP still further.

from DailyFX - Market News https://ift.tt/3sB5vr6
via IFTTT

Euro Price Outlook: Delayed Ratification of Recovery Fund to Weigh on EUR

The delayed ratification of the EU recovery fund, and increased pace of bond-buying by the European Central Bank, may lead to further losses for the Euro against its major counterparts in the near ...

from DailyFX - Market News https://ift.tt/3u6OpSd
via IFTTT

Gold Price Eyes $1,700 as Yields Climb, ETF Outflows Continue

Gold prices declined 1.3% so far this week, weighed by a rising US Dollar, ascending Treasury yields and continuous ETF outflows. Traders are eyeing a near-term support level at US$ 1,700.

from DailyFX - Market News https://ift.tt/2PH0rCM
via IFTTT

Monday, 29 March 2021

US Dollar May Still Have Edge as Emerging Markets Underperform Ahead of NFPs

The US Dollar gained against most ASEAN currencies amid volatility in Chinese and Emerging Market equities. Ahead, USD/SGD and USD/THB are eyeing NFPs as the Fed ends SLR exemptions.

from DailyFX - Market News https://ift.tt/31wYoE4
via IFTTT

Dow to Outperform vs. Nasdaq if Inflation Fears Force Fed Rethink

The Dow Jones Industrial Average of blue-chip stocks is likely to outperform the tech-heavy Nasdaq 100 if worries about inflation force the Fed to trim stimulus sooner than expected.

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

Bitcoin (BTC), Ethereum (ETH) Forecast: Visa Adoption to Buoy Cryptos

Visa’s announcement that it will utilize a stable coin backed by USD to settle transactions on the Ethereum network may open the door to further gains for the broader cryptocurrency market.

from DailyFX - Market News https://ift.tt/31vl7jT
via IFTTT

Dow Jones Extends Higher on Infrastructure Hopes. Nikkei 225, ASX 200 May Rise

The Dow Jones hit a fresh record on hopes for a massive US infrastructure stimulus plan. Asia Pacific equities look set to trade higher. The US Dollar climbed while Treasuries fell.

from DailyFX - Market News https://ift.tt/3dikH5V
via IFTTT

Crude Oil Price Outlook: WTI May Rise as Saudi Arabia Shows Support to Extend OPEC+ Cuts

Crude Oil prices picked up early Wednesday after reports revealed that Saudi Arabia is willing to extend its voluntary cuts in a bid to encourage other members to extend overall production curbs.

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

FinTwit, Women and Trading: An Interview with @DeadCaitBounce

Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.

from DailyFX - Market News https://ift.tt/3wdk5Hl
via IFTTT

NZD/USD Rate Rebound Emerges Within Head-and-Shoulders Formation

The head-and-shoulders formation keeps the downside targets on the radar for NZD/USD as the RSI continues to track the downward trend carried over from the previous month.

from DailyFX - Market News https://ift.tt/3wbFNM4
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...