Markets Week Ahead: Dow Jones, S&P 500, Bonds, Gold, NZD, RBNZ, Bank Earnings

The Dow Jones and S&P 500 pushed further into all-time highs amid falling Treasury yields and a weaker US Dollar. Gold seems to be finding some momentum. Ahead, earnings season is underway for majo...

from DailyFX - Market News https://ift.tt/321xyEu
via IFTTT

4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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

Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Earnings season begins this week with the arrival of quarterly reports from the country’s largest banks. Can they shrug off losses from the recent Archegos blowup and rally higher or will risk aver...

from DailyFX - Market News https://ift.tt/3uG6ruP
via IFTTT

What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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

Mexican Peso Price Forecast: USD/MXN Tumble Continues Despite Banxico's Message of Caution

USD/MXN is keeping nicely to its descending trendline, aiming below the 20 pesos mark in the short-term.

from DailyFX - Market News https://ift.tt/3mCnD1r
via IFTTT

Euro Forecast: EUR/USD Outlook Tilted to the Downside in Week Ahead

EUR/USD has been climbing gently in the past few days after its recent steep falls. However, that was probably just position-squaring ahead of further weakness.

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

US Dollar Fundamental Outlook Hinges on Treasury Yield Volatility

The US Dollar has faced notable headwinds over recent trading sessions with the DXY Index down over -1% so far this month. Will inflation data due reinvigorate Treasury yield volatility & USD bulls?

from DailyFX - Market News https://ift.tt/3d70HUX
via IFTTT

Gold Weekly Forecast: Gold Prices Preparing for a Break Out?

Key resistance remains a challenge for gold, eyes on US CPI for breakout.

from DailyFX - Market News https://ift.tt/3t9Wfua
via IFTTT

Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

from DailyFX - Market News https://ift.tt/3uVMS2I
via IFTTT

New Zealand Dollar Forecast: The Fight Between RBNZ Policy Bets and Wall Street

The New Zealand Dollar is in a tricky spot. On one hand, rising stocks can propel NZD. On the other, a dovish RBNZ ahead could cool bond yields as the government tackles soaring housing costs.

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

Australian Dollar Forecast: Dovish RBA to Counterbalance Robust Chinese GDP Print

The RBA highlighting several key risks to the local economy in its semi-annual Financial Stability Review may drive AUD lower against haven-associated currencies despite the expectation of strong Q...

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

British Pound (GBP) Fundamentals Remain Positive Despite Sterling Drifting Lower

The British Pound is giving back some of its multi-month gains with some pairs testing notable support despite a positive fundamental backdrop

from DailyFX - Market News https://ift.tt/39Zi9sx
via IFTTT

Oil Q2 2021 Technical Forecast

After an impressive start to 2021, the oil forecast for the second quarter of the year is lacking an overly optimistic tone given a weaker picture for demand and stronger growth in rival supply, as...

from DailyFX - Market News https://ift.tt/3afrn4j
via IFTTT

USD/TRY, USD/ZAR, USD/MXN Key Levels Forecast for the Week Ahead

EM FX weekly: USD/TRY volatility jumps, USD/ZAR, USD/MXN await key US CPI data.

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

S&P 500, Russell 2000, Corporate Bond Fund Flows as Q2 2021 Begins

The S&P 500, Russell 2000, and Corporate Bond ETFs have had mixed reactions to recent developments in the global macro outlook.

from DailyFX - Market News https://ift.tt/3dN5j1D
via IFTTT

NZD/USD Trades Within March Range Ahead of RBNZ Rate Decision

NZD/USD may continue to consolidate ahead of the RBNZ rate decision on April 14 as the bank is expected to keep the official cash rate (OCR) at the record low of 0.25%.

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

Canadian Dollar (CAD) Rallies After Jobs Report Smashes Estimates

Canadian Dollar spikes as employment report smashes estimates. USD/CAD hits session lows.

from DailyFX - Market News https://ift.tt/3d3nMrR
via IFTTT

GBP/USD Technical Outlook - Support Under Pressure as US Dollar Firms

GBP/USD is looking to break multi-week support, and threaten a medium-term trendline, as Sterling’s strength fades across the board.

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

Short AUD/CAD: Q2 Top Trading Opportunities

Heading into Q2, I am bearish on AUD/CAD on US economic outperformance, BoC tapering and favourable positioning.

from DailyFX - Market News https://ift.tt/3s0Dg3T
via IFTTT

Gold Q2 2021 Technical Forecast

Gold has been declining since August 2020, and has yet to show any real signs of life.

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