Wednesday, 12 May 2021

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

EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP

The recent rally in EUR/USD appears to have stalled ahead of the February high (1.2243) as the exchange rate snaps the series of higher highs and lows from last week.

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

Top 10 Candlestick Patterns To Trade the Markets

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

from DailyFX - Market News https://ift.tt/3oNUe4k
via IFTTT

US Dollar Rockets Higher as Inflation Spikes to 4.2% in April

The US Dollar is ripping sharply higher in response to red-hot inflation data just crossing market wires. Headline and core CPI came in at 4.2% and 3.0%, which could up the ante for Fed taper talks.

from DailyFX - Market News https://ift.tt/2Rh7hQy
via IFTTT

Elon Musk Hints at Tesla DOGE Alliance but Lands Short of the Moon

Elon Musk’s latest Dogecoin tweet spurs volatility amid speculation that Tesla may adopt Dogecoin as another method of payment

from DailyFX - Market News https://ift.tt/3tH8KNh
via IFTTT

How to Trade After a News Release

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

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

US Dollar (DXY) Forecast - US CPI and UST 10-Year Sale Hold Sway Over the USD

The latest look at US inflation today is followed by a hefty 10-year US Treasury auction, adding fuel to an already volatile session.

from DailyFX - Market News https://ift.tt/3bjT5xh
via IFTTT

FTSE 100 Price Outlook: Fibonacci Level Offers Support as Attention Shifts to US CPI

The FTSE 100 retraces three weeks of steady gains as inflation concerns cause equities to drop

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

GBP/USD Shrugs at UK GDP, May Drop on US CPI Data

The British Pound may fall against the Dollar having been mostly unimpressed with better-than-expected UK GDP data as the spotlight turns to US inflation figures.

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

Tuesday, 11 May 2021

Gold Prices Fall as USD and Yields Creep Higher Before Inflation Data

Gold prices retreated from a three-month high as the US Dollar strengthened alongside the 10-year Treasury yield. Wednesday’s US inflation data will be closely eyed by bullion traders.

from DailyFX - Market News https://ift.tt/3tF4KwT
via IFTTT

Crude Oil Prices Hold Gains as Stockpiles Fall, OPEC Lifts Demand Outlook

Crude oil prices are supported by falling inventories and demand optimism from OPEC during Wednesday’s APAC trade. The Colonial pipeline outage and US inflation data are in focus.

from DailyFX - Market News https://ift.tt/3o7OeUS
via IFTTT

Euro Technical Forecast: EUR/USD, EUR/AUD, EUR/JPY Charts to Watch

The Euro's technical posture against the US Dollar, Japanese Yen and Australian Dollar shows potential for near-term directional shifts. Here are the EUR/USD, EUR/AUD and EUR/JPY levels to watch.

from DailyFX - Market News https://ift.tt/2Q9veZE
via IFTTT

Dow Jones Retreats as Inflation Heats Up, Hang Seng and ASX 200 in Sour Mood

The Dow Jones index fell for a second day as inflation angst spread from tech to growth and value sectors ahead of US data. The Hang Seng and ASX 200 indexes may follow lower.

from DailyFX - Market News https://ift.tt/3o8tlZK
via IFTTT

Bitcoin, Ethereum, Dogecoin Moving Mainstream as Hollywood's Elite Embrace Crypto

Bitcoin, Dogecoin, and Ethereum have dominated the headlines in recent months as celebrities like Elon Musk and Mark Cuban tout blockchain technology as the “future of currency.”

from DailyFX - Market News https://ift.tt/2SLCf3R
via IFTTT

British Pound Forecast: GBP/AUD, GBP/CAD, GBP/NZD Rates

GBP/AUD remains rangebound, while GBP/CAD and GBP/NZD continue to coil ever more into their triangular consolidations.

from DailyFX - Market News https://ift.tt/3y0UItk
via IFTTT

Stock Market Forecast: Is the Nasdaq 100 At Risk of Deeper Declines?

Volatile price action has seen the Nasdaq 100 fall precipitously to start the week as rising Treasury yields and inflation concerns pressure technology stocks. Losses have seen the index crater to ...

from DailyFX - Market News https://ift.tt/2RMi6dz
via IFTTT

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.

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

USD/MXN Price Outlook: Mexican Peso Eyes Banxico Rate Decision

USD/MXN price action is in the crosshairs headed into the Banxico interest rate decision due later this week. Dollar-Peso volatility could also accelerate in response to US inflation data on deck.

from DailyFX - Market News https://ift.tt/3o7BlKB
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

NZD/USD Rate Outlook Mired by Failure to Test March High

The failed attempt to test the March high (0.7303) may generate range bound conditions in NZD/USD as it snaps the series of higher highs and lows from the previous week.

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

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...