Sunday, 16 May 2021

Stock Market Forecast for the Week Ahead: Will Risk Appetite Recover?

US equities endured turbulent price action last week and could be positioned for further volatility as fundamental forces butt heads and investors look to negotiate the shifting landscape.

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Mexican Peso Weekly Forecast: USD/MXN Drops as Markets Price in Rate Cut Despite Banxico Dismissal of Inflation

USD/MXN drops to 4-month low as odds of a rate cut by December 2020 rise to 50%.

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Saturday, 15 May 2021

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.

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Euro Forecast: EUR/USD May Struggle if Dovish ECB Talks Numb Data Reactions

The Euro eyes Eurozone GDP, inflation and PMI data next week. However, still-dovish ECB commentary from top officials may dampen the impact of better-than-expected outcomes on EUR/USD.

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Gold Price Forecast: Bullion Susceptible to Dovish FOMC Minutes

The Federal Open Market Committee (FOMC) Minutes may drag on the price of gold as the central bank appears to be in no rush to switch gears.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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US Dollar Forecast: Greenback Takes Aim at FOMC After Weak Retail Sales

The US Dollar finished off an eventful week after CPI and retail sales injected volatility into markets. FOMC is now in the Greenback's sights as taper talks linger.

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DailyFX Forex Trading Course Walkthrough: Part One

While the FX market shares many similarities with other markets, there is considerable nuance that one will want to learn when getting started in Foreign Exchange.

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Friday, 14 May 2021

Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) - Sharp Bounceback After Another Elon Musk Tweet

Tesla boss Elon Musk is seemingly running the cryptocurrency market single-handed this week with his tweets prompting a massive sell-off before today’s sharp rally.

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Moving Average (MA) Explained for Traders

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

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South African Rand Dollar Price Forecast: USD/ZAR Inflationary Battle Persists Ahead of SARB and FOMC

The South African Rand maintains its strength but stalls as the battle for the imminent move persists

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Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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GBP/USD Weekly Forecast: GBP/USD Eyes Yearly Peak, EUR/GBP Holds Range

GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.

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Nasdaq, Bitcoin, Inflation – FinTwit Trends to Watch Next Week

Inflation has been the talk of town this past week and stands to be a dominant theme going forward. Nasdaq and Bitcoin extend their slides and are two trending markets on FinTwit worth watching.

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7 Surprising Facts about Janet Yellen

Janet Yellen is probably the most qualified Fed Chair in history and boasts an impressive stamp collection, too. Find out more about the Yellen

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US Dollar Weakness Unfazed by Consumer Confidence, Inflation Expectations

A consumer confidence report from the University of Michigan has left USD weakness largely unchanged, despite a tick higher in consumer inflation expectations.

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EUR/GBP Price Outlook - Trading Range Continues to Offer Opportunities

EUR/GBP remains within a multi-week trading range with little on the horizon to trigger a break, one way or the other

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European Equities Technical Outlook: DAX 30, IBEX 35

European equities attempt to reverse their losses as focus shifts to US retail sales

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Dogecoin (DOGE) Rallies Sharply on Elon Musk Co-operation, Coinbase Adoption News

Dogecoin has jumped by over 20% today after Tesla boss Elon Musk said that he is working with Doge developers to improve ‘transaction efficiency’

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Australian Dollar Forecast: Key AUD/USD Levels to Watch

AUD/USD indecision as support stems further declines, however, falling iron ore prevents AUD recovery.

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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...