Markets are in a state of upheaval this week with energies including U.S. crude oil reaching yearly highs, while recent FinTwit trending topics Bitcoin (BTC) and AMC are causing a stir.
from DailyFX - Market News https://ift.tt/3wWRyWd
via IFTTT
Friday, 4 June 2021
Gold Price Latest: Multi-Month Bullish Trend Survives its First Real Test
Gold remains under pressure from a strong pre-NFP US dollar and trend support may well be tested again
from DailyFX - Market News https://ift.tt/3wWLc9j
via IFTTT
from DailyFX - Market News https://ift.tt/3wWLc9j
via IFTTT
US Dollar Price Action Setup for NFP: EUR/USD, GBP/USD, AUD/USD Levels
Market focus on NFP following the stellar ADP report. Key FX levels to watch.
from DailyFX - Market News https://ift.tt/3wXApLU
via IFTTT
from DailyFX - Market News https://ift.tt/3wXApLU
via IFTTT
British Pound Price Outlook: GBP/USD Pullback Consolidates Ahead of NFP
GBP/USD drops towards 1.41 as NFP data looms after a strong beat in ADP figures
from DailyFX - Market News https://ift.tt/3g2Fegg
via IFTTT
from DailyFX - Market News https://ift.tt/3g2Fegg
via IFTTT
How to Trade Forex News: An Introduction
Find out the essentials of trading the news with this introductory guide to forex news trading
from DailyFX - Market News https://ift.tt/2ZL5jIR
via IFTTT
from DailyFX - Market News https://ift.tt/2ZL5jIR
via IFTTT
Thursday, 3 June 2021
The Federal Reserve Bank: A Forex Trader’s Guide
Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.
from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT
from DailyFX - Market News https://ift.tt/3u5ImOc
via IFTTT
Indian Rupee at Risk as RBI Lowers GDP Estimates, Boosts Bond Buys. USD/INR Eyes NFPs
The Indian Rupee weakened after the RBI increased bond purchases and lowered GDP estimates at June’s rate decision. Ahead, USD/INR is eyeing US non-farm payrolls after a wedge breakout.
from DailyFX - Market News https://ift.tt/3idj9hK
via IFTTT
from DailyFX - Market News https://ift.tt/3idj9hK
via IFTTT
Natural Gas Forecast: Key Trendline in Focus as Strong Exports Provide Support
Natural gas is on track to record its second weekly price gain. Strong export figures have helped underpin prices and remain in focus, but short-term weather and inventory drivers may inject volati...
from DailyFX - Market News https://ift.tt/3vVpGla
via IFTTT
from DailyFX - Market News https://ift.tt/3vVpGla
via IFTTT
Why a Rise in Retail Trading May Signal Another Mania
The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.
from DailyFX - Market News https://ift.tt/3gV9dXm
via IFTTT
from DailyFX - Market News https://ift.tt/3gV9dXm
via IFTTT
Nasdaq 100 Retreats, Hang Seng May Fall on Escalating US-China Tensions
The Nasdaq 100 index pulled back ahead of Friday’s nonfarm payrolls data, as fears about Fed tapering geared up. The Hang Seng Index faces a headwind of re-escalating US-China tension.
from DailyFX - Market News https://ift.tt/3yUOHip
via IFTTT
from DailyFX - Market News https://ift.tt/3yUOHip
via IFTTT
Babylon, Telehealth Startup, Set to Go Public Following $4.2 Billion SPAC Deal
British telehealth startup Babylon is set to take public markets by storm following a massive $4.2 billion merger with Alkuri Global Acquisition Corp.
from DailyFX - Market News https://ift.tt/3phdoky
via IFTTT
from DailyFX - Market News https://ift.tt/3phdoky
via IFTTT
Chinese Yuan Forecast: USD/CNH May Surrender Gains Despite Rising US-Sino Tensions
The Chinese Yuan continues to weaken from a 3-year high, but USD/CNH downside may continue even amid rising US-Sino tensions.
from DailyFX - Market News https://ift.tt/3fTEAmB
via IFTTT
from DailyFX - Market News https://ift.tt/3fTEAmB
via IFTTT
AUD/USD Snaps Lower; US Dollar Volatility to Rise as NFPs Loom
AUD/USD turned sharply lower on Thursday and broke neckline support, providing confirmation of the bearish head and shoulder pattern. Will the US Dollar strengthen further on NFPs due for release?
from DailyFX - Market News https://ift.tt/34LXoO0
via IFTTT
from DailyFX - Market News https://ift.tt/34LXoO0
via IFTTT
Nasdaq 100 Awaits NFP Report as Index Threatens Range-Bound Price Action
The Nasdaq 100 awaits an update on the domestic employment landscape in the form of the non-farm payrolls report as seasonal headwinds weigh on price action. A data surprise could revive volatility.
from DailyFX - Market News https://ift.tt/3ppKv5N
via IFTTT
from DailyFX - Market News https://ift.tt/3ppKv5N
via IFTTT
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
The June FOMC meeting is under two weeks away, and it’s becoming evident that policymakers are beginning to lay the foundation for initial QE tapering efforts.
from DailyFX - Market News https://ift.tt/3cgvePo
via IFTTT
from DailyFX - Market News https://ift.tt/3cgvePo
via IFTTT
Oil Price Forecast: Break of March High Negates Double Top Formation
The price of oil may approach the 2018 high ($76.90) as the break above the March high ($67.98) removes the threat of a double top formation.
from DailyFX - Market News https://ift.tt/2SWT6AB
via IFTTT
from DailyFX - Market News https://ift.tt/2SWT6AB
via IFTTT
Canadian Dollar Price Outlook: USD/CAD Ahead of NFP - Loonie Levels
USD/CAD has finally found some support that can hold. But will sellers relent, even with Oil prices breaking out to fresh highs?
from DailyFX - Market News https://ift.tt/3wUxFz8
via IFTTT
from DailyFX - Market News https://ift.tt/3wUxFz8
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
from DailyFX - Market News https://ift.tt/3c9N0TK
via IFTTT
US Dollar Outlook: DXY Aims Higher on Robust Data, Taper Risk
The US Dollar is trading broadly stronger on Thursday as the DXY Index spikes 0.6% higher in the wake of robust economic data releases and mounting investor angst around the Fed taper debate.
from DailyFX - Market News https://ift.tt/3ibF1tS
via IFTTT
from DailyFX - Market News https://ift.tt/3ibF1tS
via IFTTT
EUR/USD Rate Reserves Ahead of May High with NFP Report on Tap
EUR/USD appears to have reversed course ahead of the May high (1.2266) as the exchange rate extends the series of lower highs and lows from the monthly high (1.2254).
from DailyFX - Market News https://ift.tt/3cfmPvu
via IFTTT
from DailyFX - Market News https://ift.tt/3cfmPvu
via IFTTT
Subscribe to:
Comments (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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
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....