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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FTSE 100 Tumbles Below 7,000 on Virus Concerns and Tobacco Review

Airlines and financials continue to struggle as new Covid-19 variants threaten recovery

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British Pound Outlook: UK Inflation, Producer Price Data Positive for GBP

The latest UK CPI and PPI figures haven’t changed the outlook for Sterling but are still positive long-term; the Bank of England will have to tighten monetary policy eventually.

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Canadian Dollar Price Forecast: USD/CAD May Gain on Wait-and-See BoC

A wait-and-see approach from the Bank of Canada at its upcoming meeting, in light of an ever-worsening local coronavirus situation, could open the door for USD/CAD to extend recent gains.

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Crude Oil Prices Fall on Rising Stockpiles and Viral Resurgence

An unexpected build in crude inventories sent oil prices lower on Wednesday. Rising coronavirus infections in India, Japan and other parts of the world dampened the outlook for energy demand.

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Gold Prices Extend Higher amid Viral Resurgence, Falling Yields

Gold prices climbed to an 8-week high as viral resurgence in parts of the world dampened growth prospect, sending yields lower. Rising demand for safety boosted the appeal of the precious metal.

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Top 10 Candlestick Patterns To Trade the Markets

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

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AUD/USD Mixed as Retail Sales Surpass Expectations

Australian retail sales for the month of March grew by 1.4%, as lockdowns eased an early Easter holiday.

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Nasdaq 100 Outlook and Netflix Earnings Miss May Cast a Shadow on Hang Seng and ASX 200

Nasdaq 100 futures declined after Netflix reported a much lower-than-expected subscriber growth in Q1. Stock markets are facing a “reality check” for corporate earnings.

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Nasdaq 100 Sinks Despite Mostly Upbeat Earnings, Asia-Pacific Turns Eye to AU Retail Sales

The Nasdaq 100 shifts lower for a second day despite mostly upbeat earnings reports. Traders will shift focus to Australia’s retail sales figure during Wednesday’s Asia-Pacific session.

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S&P 500 Forecast: Stocks Pull Back as Tech Earnings Approach

US equities are on the backfoot as strong bank earnings have faded into the rearview ahead of technology earnings. An abysmal quarterly report from Netflix will do little to bolster fragile sentiment.

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DOGE frenzy continues while Bitcoin (BTC/USD) Backs Down

Dogecoin’s rally continues as Bitcoin bulls face tests at key levels.

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Nasdaq 100 ETF Sees Largest Outflow Since October - Stock Market Update

The Nasdaq 100-tracking QQQ ETF recorded its largest outflow since October on Friday as equities entered the week on the backfoot. Nevertheless, the longer-term trend remains higher, at least for now.

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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.

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Crude Oil Prices Drop as US Push Through With Anti-OPEC Bill

Oil prices extend losses as US House Judiciary Committee pass NOPEC Bill

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Although the BOE doesn’t meet again until May, the ECB is squarely in focus with its April rate decision this week.

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NZD/USD Attempts to Negate Head-and-Shoulders Pattern Ahead of NZ CPI

NZD/USD appears to be on track to negate the head-and-shoulders formation from earlier this year as it approaches the March high (0.7307).

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What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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Market Sentiment Webinar: Bitcoin, Ethereum, Dogecoin and Gold in Focus

Cryptocurrencies and gold continue to grab investors’ attention as prices fall, but sentiment remains positive and longer-term upward trends remain intact.

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US Dollar in Neutral, GBP/USD The Largest Bull Bet - COT Report

US Dollar short squeeze stabilises, reducing contrarian properties. GBP/USD remains the largest bull bet.

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