Tuesday, 25 May 2021

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.

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

AUD/USD Remains Fragile as China Pressures Speculation in Iron Ore, Copper

AUD/USD may face further consolidation as metals face mounting pressure from Chinese regulators. April's Westpac Leading Index is in focus.

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

New Zealand Dollar Outlook: NZD/USD, AUD/NZD Eye RBNZ Decision

New Zealand Dollar volatility looks likely to accelerate with NZD/USD and AUD/NZD price action in focus headed into the upcoming RBNZ rate decision.

from DailyFX - Market News https://ift.tt/3fIW17S
via IFTTT

Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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

Gold Price Surges to Highest Level Since January, Can it Continue?

Gold surged to its highest levels since January as the precious metal set its sights on the $1,900 mark. The rally may be at risk, however, as taper talk from Fed officials could undermine further ...

from DailyFX - Market News https://ift.tt/34hOM1C
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3rmRMU2
via IFTTT

Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Global bond yields have dropped alongside commodity prices, holding back the trio of commodity-linked currencies.

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

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD

The US Dollar set a fresh four-month-low this morning, but some comments from Richard Clarida may have spooked bears.

from DailyFX - Market News https://ift.tt/2RKsW42
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

Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

from DailyFX - Market News https://ift.tt/3qf0a6E
via IFTTT

RBNZ Rate Decision Preview: Fireworks for NZD/USD?

RBNZ decision likely to provide volatility for the Kiwi, eyes on statement.

from DailyFX - Market News https://ift.tt/2TlZcLr
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

EUR/USD Breaks Out of Narrow Range as Dovish Fed Rhetoric Persists

EUR/USD breaks out of the range bound price action carried over from the previous week as a growing number of Fed officials warn of a transitory rise in inflation.

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

Market Sentiment Data Point to Further USD Weakness Ahead | Webinar

Trader confidence is high at present, with the safe-haven US Dollar dropping and stocks still rising. Moreover, IG client sentiment data suggest USD has further to fall.

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

USD/CAD Outlook - Support Creaking as US Dollar Weakness Continues

USD/CAD continues to test the psychological 1.2000 level after slipping below the September 2017 swing-low.

from DailyFX - Market News https://ift.tt/2RNeOH7
via IFTTT

Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

from DailyFX - Market News https://ift.tt/3uVMS2I
via IFTTT

Australian Dollar Forecast: AUD/USD Positives Fade, China Starts FX Intervention

Positives for the Australian Dollar beginning to rollover, however, soft USD keeps AUD/USD underpinned.

from DailyFX - Market News https://ift.tt/3bUHox4
via IFTTT

Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

from DailyFX - Market News https://ift.tt/3e44of9
via IFTTT

British Pound (GBP) Price Outlook: GBP/USD to Break Higher if 1.42 Breached

GBP/USD is well placed to extend this month’s rally if the 1.42 level can be overcome on a sustained basis.

from DailyFX - Market News https://ift.tt/3vm6mgu
via IFTTT

As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

from DailyFX - Market News https://ift.tt/3aTc7uJ
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...