All Market Live

Tuesday, 6 April 2021

Indian Rupee Risks Reversing as USD/INR Gains on RBI Rate Hold, Bond Purchase News

The Indian Rupee weakened after the RBI left rates unchanged in April while announcing a bond purchasing plan. USD/INR is attempting to push above key resistance from 2020, opening the door to reve...

from DailyFX - Market News https://ift.tt/3mq6S9K
via IFTTT

USD/CNH as Reflation Hopes Build: Q2 Top Trading Opportunities

While USD/CNH has rebounded from a two-and-half year low, the Federal Reserve’s dovish-tilted policy guidance and the PBOC’s neutral stance suggest that the currency pair may lack significant upsid...

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

Copper Forecast: More Upside for Red Metal on Upgraded Global GDP, US Stimulus?

Copper's fundamental bull narrative remains strong, supported by ongoing demand pressures, supply disruptions, and post-pandemic stimulus goals.

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

Bitcoin (BTC) Consolidating Below $60K, Ripple (XRP) Surges to Multi-Year Highs

Bitcoin may follow Ripple’s native coin, XRP, higher in the coming days, as the technical outlook for both cryptocurrencies suggest that the path of least resistance is higher.

from DailyFX - Market News https://ift.tt/3uupI2a
via IFTTT

S&P 500 Pauses Record Rally, Hang Seng and ASX 200 Edge Higher

Stocks on Wall street retreated from record highs amid thin volume, with the tech sector leading the decline. The Hang Seng Index looks set to trade higher after a holiday break, while Australia’s ...

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

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.

from DailyFX - Market News https://ift.tt/3c9N0TK
via IFTTT

Stock Market Forecast for the Week Ahead

The S&P 500 and Dow Jones have pushed into record territory after a string of upbeat economic data sparked a wave of risk appetite and bullish price action. Seasonality may help drive further gains.

from DailyFX - Market News https://ift.tt/3mru6wf
via IFTTT

Nasdaq 100 Forecast: Are New Highs Ahead?

The Nasdaq 100 is taking aim at a highly influential trendline after breaking out of its recent downtrend. With an encouraging fundamental landscape, can the Nasdaq 100 push to new heights?

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

NZD/USD Tests Former Support Ahead of Federal Reserve Minutes

NZD/USD may consolidate ahead of the Federal Reserve Minutes if former support now acts as resistance.

from DailyFX - Market News https://ift.tt/39NyRew
via IFTTT

Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

from DailyFX - Market News https://ift.tt/3oNUe4k
via IFTTT

US Stocks Hold Gains as Yellen's Global Minimum Tax Gains Support from EU, IMF

A coordinated global effort may be under way to end the ‘race to the bottom’ in corporate tax rates, which conveniently dovetails with talks of corporate tax hikes in the US.

from DailyFX - Market News https://ift.tt/3rQN7ZX
via IFTTT

How to Trade Forex News: An Introduction  

Find out the essentials of trading the news with this introductory guide to forex news trading

from DailyFX - Market News https://ift.tt/2ZL5jIR
via IFTTT

USD/JPY Forecast: Dollar Yen Rate Reacts to Critical Resistance

USD/JPY retraces from critical resistance, could this be a correction or is a reversal at play?

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

Bitcoin (BTC/USD) Pulls Back, Remains Bullish with Breakout Potential

Bitcoin bulls bid the crypto-currency right back up to that 60k handle. That remains as resistance, at least for now.

from DailyFX - Market News https://ift.tt/39N4zIV
via IFTTT

EUR/USD Recovery Emerges with RSI on Track to Threaten Downward Trend

Looming developments in the RSI may indicate a further appreciation in EUR/USD if the oscillator breaks out of the downward trend from earlier this year.

from DailyFX - Market News https://ift.tt/2R2y9mW
via IFTTT

EUR/USD to Stay Subdued as IMF Highlights US Outperformance

EUR/USD price action might continue to face headwinds with US GDP growth expected to notably outpace the Euro-area as this stands to keep downward pressure on Bund to Treasury yield differentials.

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