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

Euro Forecast: EUR/USD Outlook Improves, What to Expect From ECB Meeting

For Euro traders, the week ahead will be dominated by Thursday’s ECB meeting. Eurozone monetary policy won’t be changed but Lagarde’s comments are expected to be dovish.

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

Gold Weekly Forecast: More Upside Likely - Can it Be Sustained?

Gold is back at levels last seen in February after clearing key resistance.

from DailyFX - Market News https://ift.tt/3af7cmX
via IFTTT

As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

from DailyFX - Market News https://ift.tt/3aTc7uJ
via IFTTT

US Dollar Outlook Mired by Fall in Longer-Dated US Treasury Yields

The US Dollar extends the decline from the start of April as the as the 10-Year Treasury yield slips to a fresh monthly low (1.53%).

from DailyFX - Market News https://ift.tt/3sp94zO
via IFTTT

Bitcoin, Ethereum Slide on Turkish Ban, Dogecoin Goes Ballistic, Up 500%+ in a Week

Bitcoin (BTC/USD) is giving back some of this week’s record gains after Turkey bans crypto-payments, but lower prices will likely entice buyers back to the table. Dogecoin soars.

from DailyFX - Market News https://ift.tt/3wYcEV7
via IFTTT

Australian Dollar Forecast: AUD/USD May Rise as Dovish Fed Calms Yields, US Dollar

The Australian Dollar could continue capitalizing on dovish Fed commentary that has been denting the US Dollar and Treasury yields, boosting stocks ahead of a relatively quiet week.

from DailyFX - Market News https://ift.tt/3ahB2r4
via IFTTT

S&P 500 Forecast: Has the Market Finally Bought What the Fed Was Selling?

US equities have pushed to new heights as strong bank earnings and widespread risk appetite work in tandem to drive price gains. Not to be outdone, US Treasurys could supercharge gains if yields fa...

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

Dodgecoin Goes Parabolic as Bitcoin (BTC/USD) Backs Down

Dodgecoin soars while Bitcoin retreats to psychological support

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

Weekly Fundamental British Pound Forecast: Seeking Semblance of Stability

As UK vaccination rates have slowed, coupled with a backdrop of calmed UK Gilt yields, the British Pound’s relative appeal that carried it through the first three months of 2021 has been tarnished.

from DailyFX - Market News https://ift.tt/3e6cfY1
via IFTTT

Gold Price Clears March High as Dovish Fed Rhetoric Drags on US Yields

The break above the March high ($1760) may push the price of gold towards the February high ($1872) as key reversal appears to be unfolding in April.

from DailyFX - Market News https://ift.tt/3smL2Fl
via IFTTT

Consumer Sentiment Hits New Pandemic High in April But Misses Expectations

The Consumer Sentiment Index rose to its highest level since the onset of the pandemic in April but failed to meet expectations.

from DailyFX - Market News https://ift.tt/3v0oXOT
via IFTTT

US Dollar Forecast: USD/ZAR, USD/CHF tests critical support

The US Dollar has fallen to critical support as risk sentiment continues to support both EM and carry trade.

from DailyFX - Market News https://ift.tt/3dlOL1F
via IFTTT

Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

from DailyFX - Market News https://ift.tt/3qf0a6E
via IFTTT

Short EUR/MXN: Q2 Top Trading Opportunities

I’m short EUR/MXN in the second quarter, given the Euro’s resilience against EM currencies in the last 6 months, despite risk-on appetite bringing them back from March 2020 lows.

from DailyFX - Market News https://ift.tt/3e21vtC
via IFTTT

Euro Outlook - Conflicting Technical and Sentiment Signals Leave EUR/USD in Limbo

The single currency is struggling to break back above 1.2000 against the US dollar and a series of chart signals is muddying the outlook.

from DailyFX - Market News https://ift.tt/3gh6U2G
via IFTTT

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.

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

British Pound (GBP) Forecast: Headwinds Persist - EUR/GBP Poised to Continue Bullish Trend

EUR/GBP keeps to its uptrend after clearing key resistance as EUR buyers consolidate momentum

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

Crude Oil Price Rise May Stall as Supply Swell Swamps Demand

Crude oil prices have mounted a spirited rebound thanks to heavy-duty outflow from US inventories but swelling supplies may cap upside follow-through.

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

Gold Prices Threaten Key Chart Barrier as Yields Drop Spurs Rebound

Gold prices are testing a critical chart barrier on the way upward as a drop in Treasury bond yields boosts the non-yielding metal’s relative appeal. A break higher is likely to expose the $1800/oz...

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