Cardano (ADA) on the rise as Ethereum-inspired Alt coins offers a green alternative to Bitcoin
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Sunday, 16 May 2021
Gold Prices at 14-Week High as Yields Fall, Chinese Buyers Return
Gold prices surged to a 14-week high as the 10-year Treasury yield fell for a third day. Inflation fears and viral resurgence bolstered the appeal of the yellow metal, as Chinese buyers returned to...
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Dow Jones, Hang Seng, ASX 200 Outlook: Tech Rebound Bolsters Risk Appetite
Wall Street stocks closed broadly higher, setting a positive tone for Asia-Pacific markets at the weekly open. April retail sales growth fell short of expectations, cooling fears about tapering Fed...
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AUD/USD Eyes Chinese Economic Data as Sentiment Cautiously Improves
AUD/USD aims higher as several potentially hard-hitting economic events out of China are set to cross the wires. Meanwhile, market sentiment remains on fragile footing after last week.
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Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes
The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe...
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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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Posts (Atom)
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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....