Mexican Inflation Shoots Up, USD/MXN Awaiting Banxico Meeting Minutes for Guidance

USD/MXN looks set to continue its decline as the Mexican economy heats up and may leave Banxico no choice but to adapt its monetary guidance

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Gold Price (XAU/USD) Technical Outlook - Strong Resistance Keeping Rally at Bay For Now

Gold continues to probe multi-week highs but strong resistance lies ahead and the precious metal may need a fundamental boost to clear these hurdles

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GBP Q2 2021 Fundamental Forecast

The British Pound rallied towards GBP/USD 1.4200, slightly higher than our expectations, before dropping back to 1.3700.

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Oil Price Outlook: Supply Concerns Added to Demand Slump, WTI Vulnerable Below $60

The continued spread of Covid-19 despite global vaccination programs sees oil demand weaker than initially forecasted

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Short EUR/NOK: Q2 Top Trading Opportunities

A stronger Krone will weigh down on inflation and if price pressures continue to run hot, a rate hike may be put in place sooner rather than later. On the other side, the Euro is struggling and is ...

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EUR Q2 2021 Fundamental Forecast

The key question for EUR/USD traders looking at the second quarter of 2021 is whether the steep decline in the pair in the first quarter will reverse in Q2, and the answer is quite possibly yes.

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British Pound (GBP) Latest: EUR/GBP Losses Possible After Resistance Holds

EUR/GBP could be ready for a retracement following the gains of the past two days after failing to rise above a congested area on the charts dating back to the beginning of March.

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FTSE 100 Poised to Extend Gains Despite AstraZeneca Vaccine Concerns

The UK benchmark FTSE 100 may shrug aside concerns regarding the AstraZeneca coronavirus vaccine and push to fresh post-crisis highs, on the back of swelling optimism as Britain progresses to the n...

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Gold Price Outlook: Edging Higher as USD Falls, Traders Eye Powell Speech

Gold prices rebounded modestly as APAC traders digested the FOMC meeting minutes. Fed Chair Jerome Powell’s appearance at an IMF seminar on Thursday will be closely eyed.

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Euro Stoxx 50 Fades From Post-Pandemic High, Broader Rally Remains Intact

The European blue-chip index declined during trade on Wednesday as fears mounted over growing coronavirus cases and additional vaccine bottlenecks.

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JPY Q2 2021 Fundamental Forecast

As anticipated, the Japanese Yen started off the new year on a sour note.

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Dow Jones Holds Gain on Dovish Fed, Nikkei 225 and ASX 200 Trade Mixed

Stocks on Wall Street hovered near record highs after the release of FOMC minutes. The US Dollar gained alongside Treasury yields. Asia-Pacific equity indices look set to trade mixed.

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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Gold Price Forecast: Will a Double Bottom Pattern Spark Price Gains?

Gold has stumbled lower since August but a recent trading pattern could suggest the precious metal is looking to turn higher. Can the bullish formation spark a gold price rally?

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EUR/CAD Weakness: Q2 Top Trading Opportunities

EUR/CAD has fallen a whopping 700-pips so far this year, succumbing to a massive wave of selling pressure on the back of Euro weakness and Canadian Dollar outperformance.

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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Bitcoin (BTC/USD) Forecast: Bitcoin Tumbles Ahead of FOMC Minutes

Bitcoin prices pullback ahead of FOMC minutes

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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?

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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Euro Forecast: Why the Strong Start to April May Continue for EUR/GBP, EUR/JPY, EUR/USD

Believe it or not, the Euro has developed a small edge versus some of the other major currencies.

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