US Dollar Outlook: USD/SGD, USD/THB, USD/PHP, USD/IDR May Fall on Dovish Fed Speak

The US Dollar may fall versus ASEAN currencies if dovish Fed speak extends the boost in sentiment after a huge miss in non-farm payrolls. USD/PHP is eyeing the Philippine Central Bank.

from DailyFX - Market News https://ift.tt/3exPA8j
via IFTTT

Dow Jones, Hang Seng, ASX 200 Outlook: Big NFP Miss Defies Tapering Fears

Wall Street stocks closed broadly higher as April nonfarm payrolls data fell sharply below expectations, cooling fears about tapering Fed stimulus. The US Dollar fell to a 10-week low, buoying prec...

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

Australian Dollar Forecast: AUD/USD to Rise on Prevailing Sentiment?

AUD/USD looks to start the week on a positive tone after last week's US NFP miss increased the expected timeline on ultra-loose global monetary conditions.

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

Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

from DailyFX - Market News https://ift.tt/2VP0mNf
via IFTTT

Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment

Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5...

from DailyFX - Market News https://ift.tt/3od16cF
via IFTTT

The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

from DailyFX - Market News https://ift.tt/3mk0EXh
via IFTTT

Will Dow Jones Outperform Nasdaq 100 as Inflation Debates Heat Up?

Optimism about post-Covid recovery drove capital from tech and into cyclical sectors, boosting the Dow Jones and pulling down the Nasdaq 100. Inflation expectations hit a multi-year high. Will this...

from DailyFX - Market News https://ift.tt/3bgu0TU
via IFTTT

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...

from DailyFX - Market News https://ift.tt/3nL6t1y
via IFTTT

Euro Forecast: EUR/USD Price Outlook Still Positive, Reaching for 1.22

Last week ended well for EUR/USD, with Friday’s shockingly poor US jobs data giving it a lift, and this week could well see its advance extend if it can break conclusively above resistance at 1.2150.

from DailyFX - Market News https://ift.tt/3uAXQKu
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

Gold Price Forecast: Falling Real Rates, Inflation Concerns to Buoy XAU/USD

Falling real rates of return and rising inflation concerns may continue to drive bullion prices higher in the near term, as attention turns to April’s inflation and retail sales data.

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

US Dollar Weekly Outlook - US NFPs Massive Miss, Heavyweight Data Next Week Will Steer the US Dollar

The US dollar rattled lower after a huge downside miss in the latest Jobs Report, will look to a clutch of heavyweight data releases to shape its near-term direction.

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

Bitcoin (BTC) Rallying Back, Ethereum (ETH) and The Alt-Coin Market Soar to Record-Breaking Highs

Another week of record breaking gains in the alt-coin space, while Ethereum (ETH) continues to print fresh highs and eats into Bitcoin’s (BTC) market dominance.

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

Australian Dollar Outlook: AUD/USD May Rise on Dovish Fed Speak After Huge NFP Miss

The pro-risk Australian Dollar may extend gains after the record miss in US jobs data, amplifying dovish rhetoric from the Federal Reserve and keeping the Dow Jones and S&P 500 intact.

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

Bitcoin, DOGE, Ethereum: Resilient ahead of Elon Musk SNL Appearance

Elon Musk’s Saturday Night Live (SNL) appearance has DOGE, Bitcoin and Ether on High Alert

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

Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail?

There’s a lot of chatter among market participants about the state of the US housing market.

from DailyFX - Market News https://ift.tt/3eUN22U
via IFTTT

British Pound Forecast: UK GDP Report to Go Unnoticed as BoE Tapers QE

The UK GDP report may generate a limited reaction in GBP/USD as the Bank of England (BoE) slows the pace of its weekly asset purchases.

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

Meme Stocks: What are They and Why are They so Popular?

Meme stocks witnessed exponential rises in share price. Find out why and what the risks are?

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

Dogecoin, Tesla, GameStop – FinTwit Trends to Watch Next Week

Dogecoin ($DOGE), Tesla ($TSLA), and GameStop ($GME) are three trending markets on FinTwit that traders might want to keep close tabs on in the week ahead.

from DailyFX - Market News https://ift.tt/3habfp0
via IFTTT

Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes

The S&P 500 and Dow Jones pushed to new heights following a disappointing non-farm payroll report. The data miss and subsequent market reaction may suggest Fed tapering fears have eased.

from DailyFX - Market News https://ift.tt/33q8E26
via IFTTT