The Dow Jones, S&P 500 and Nasdaq 100 enjoyed an encouraging start to the year before stumbling into the second quarter.
from DailyFX - Market News https://ift.tt/3wJyVpB
via IFTTT
Wednesday, 7 April 2021
ZAR Strength May Soon Dissipate: Q2 Top Trading Opportunities
With markets starting to digest the U.S. stimulus package as well as Europe’s PEPP program, it may be time for these two major currencies to begin to recover against the ZAR.
from DailyFX - Market News https://ift.tt/39PNkXj
via IFTTT
from DailyFX - Market News https://ift.tt/39PNkXj
via IFTTT
GBP/USD, EUR/GBP Reversing on AstraZeneca Vaccine Latest
EMA and MHRA highlight possible link with rare forms of blood clots, although, reiterate that benefits outweigh risks.
from DailyFX - Market News https://ift.tt/3wDdlme
via IFTTT
from DailyFX - Market News https://ift.tt/3wDdlme
via IFTTT
USD/JPY Susceptible to Larger Pullback as RSI Sell Signal Emerges
Recent developments in the RSI indicate a further decline in USD/JPY as the oscillator falls back from overbought territory to reflect a textbook sell signal.
from DailyFX - Market News https://ift.tt/2PAn6Bm
via IFTTT
from DailyFX - Market News https://ift.tt/2PAn6Bm
via IFTTT
Crude Oil Prices Choppy, Rising Geopolitical Risks to Spark Oil Volatility
Oil prices remain choppy amid cross-currents of stronger global growth and resurging Covid cases.
from DailyFX - Market News https://ift.tt/3cWjZwf
via IFTTT
from DailyFX - Market News https://ift.tt/3cWjZwf
via IFTTT
EUR/GBP Price - Finding Life Difficult at Current Levels, May Look to Fade Lower
EUR/GBP put in a robust rally yesterday, after weeks of weakness, but is struggling to make the next move higher
from DailyFX - Market News https://ift.tt/2PGjbmo
via IFTTT
from DailyFX - Market News https://ift.tt/2PGjbmo
via IFTTT
Gold Price Forecast: XAU/USD Stumbles Ahead of Fed Meeting Minutes
The bullish break in XAU/USD has stalled ahead of the Fed’s comments on the state of economic recovery
from DailyFX - Market News https://ift.tt/3cUUeMF
via IFTTT
from DailyFX - Market News https://ift.tt/3cUUeMF
via IFTTT
British Pound (GBP) Latest: Profit-Taking in GBP/USD to Continue Near-Term
GBP/USD is easing back on profit-taking after its recent gains and that may continue for a while, although the longer-term trend higher remains in place.
from DailyFX - Market News https://ift.tt/3wAUckT
via IFTTT
from DailyFX - Market News https://ift.tt/3wAUckT
via IFTTT
Gold Prices May Turn Lower on US Fiscal Outlook, FOMC Minutes
Gold prices may fall as firming prospects for an expansive fiscal boost in the US stoke inflation expectations, lifting yields and the US Dollar. March FOMC meeting minutes may help.
from DailyFX - Market News https://ift.tt/3fPJVM6
via IFTTT
from DailyFX - Market News https://ift.tt/3fPJVM6
via IFTTT
Dow Jones, Nasdaq Forecast: Equities May Extend Gains on Falling Treasury Yields
Disappointing wage growth figures and the prospect of a smaller-than-expected infrastructure spending package may cool inflation fears, tame the rise in long-term Treasury yields and in turn pave t...
from DailyFX - Market News https://ift.tt/2PG1SSs
via IFTTT
from DailyFX - Market News https://ift.tt/2PG1SSs
via IFTTT
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
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
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
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
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
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
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
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
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
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
from DailyFX - Market News https://ift.tt/3oNUe4k
via IFTTT
Subscribe to:
Comments (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....