All Market Live

Tuesday, 8 June 2021

Gold Price Forecast: RSI Sell Signal Takes Shape Ahead of US CPI

The technical outlook for the price of gold is clouded with mixed signals as the RSI falls back from overbought territory to display a textbook sell signal.

from DailyFX - Market News https://ift.tt/3iq2Gqt
via IFTTT

EUR/GBP Price Outlook: Potential GBP Vulnerability Ahead of EU-UK Talks

A sub-optimal resolution on the UK’s challenges in Northern Ireland may hurt the Pound as EC Vice-President and UK’s Brexit minister prepare for talks.

from DailyFX - Market News https://ift.tt/34Y16Ej
via IFTTT

Market Positioning Data Sending Bearish Signals for US Dollar | Webinar

Stock markets worldwide remain strong but IG client sentiment data are sending out bearish signals for the US Dollar against many other major currencies.

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

BTC/USD Outlook: Bitcoin Nearing Bearish Breakout

Bitcoin continues to struggle as sellers aim towards the May low at 30,000

from DailyFX - Market News https://ift.tt/3z63DKJ
via IFTTT

USD/ZAR Outlook: Can SA GDP Figures Unsettle Recent Rand Strength?

Unsurprising South African GDP data has not swayed recent Rand strength but with more hard hitting U.S. CPI data later this week, will risk sentiment adjust?

from DailyFX - Market News https://ift.tt/2TOyN9c
via IFTTT

Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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

British Pound (GBP) Price Outlook: GBP/USD May Slip Lower

GBP/USD continues to trade within a relatively narrow range but the bias could be to the downside as the EU and UK argue over Northern Ireland and talk persists of the UK delaying reopening.

from DailyFX - Market News https://ift.tt/3imxZ5C
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

Monday, 7 June 2021

Gold Prices See Pressures Building at $1,900, ETF Outflows an Ominous Sign

Gold prices fell below the $1,900 mark as the US Dollar strengthened as traders awaited US inflation figures this week. The world’s largest gold ETF saw net outflows for the first time in 5 weeks.

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

Euro Stoxx 50 Analysis: Bullish Momentum Continues Ahead of ECB Meeting, US CPI Print

European equities edged higher to start the trading week as global investors cast their eyes to Thursday’s ECB policy meeting and US CPI print.

from DailyFX - Market News https://ift.tt/3gjIxj5
via IFTTT

Nasdaq 100 Rally May Lead Nikkei 225, ASX 200 Higher, Bitcoin Falls

The Nasdaq 100 climbed as the FDA approval of a drug targeting Alzheimer’s disease bolstered the biotechnology sector. Asia-Pacific markets look set to open mixed. Bitcoin plunged below $34k mark.

from DailyFX - Market News https://ift.tt/3v2TMC7
via IFTTT

Bitcoin Falls to Critical Support as Wall Street Stutters on G-7 Global Minimum Tax

Bitcoin weakened further as US markets reacted with a modestly bearish tone following an agreement in the G-7 over a global minimum 15% tax rate.

from DailyFX - Market News https://ift.tt/34ZheW5
via IFTTT

Crude Oil Price Forecast: Traders Set Sights Above $70 With Uptrend Intact

Crude oil trades at its highest level since late 2018 and could look to continue higher with sparse resistance overhead and a plethora of support beneath. A break above $70 would be a strong initia...

from DailyFX - Market News https://ift.tt/351phSc
via IFTTT

FX Week Ahead - Top 5 Events: Chinese, Mexican, US Inflation Rates; BOC & ECB Rate Decisions

The second week of June sees a global focus on inflation concerns, both in data and in rhetoric.

from DailyFX - Market News https://ift.tt/3ptk7In
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

FinTwit, Women and Trading: An Interview with @DeadCaitBounce

Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.

from DailyFX - Market News https://ift.tt/2RvlZ6H
via IFTTT