Australian Dollar Outlook: AUD/USD Divergence With Wall Street Risks Continuing

The Australian Dollar may struggle despite ongoing optimism from Wall Street as falling bond yields and inflation expectations sap AUD/USD’s appeal. Focus on the Federal Reserve next.

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

GBP/USD Weekly Forecast: Last Chance for Currency Volatility on FOMC Meeting

GBP/USD continues to trade in ranges as volatility dwindles.UK Data to play second fiddle to FOMC.

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

EUR/USD June Open Range Vulnerable as ECB Sticks to Higher PEPP

EUR/USD may threaten the opening range for June following the ECB rate decision as the exchange rate struggles to retain the rebound from the monthly low (1.2104).

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

U.S. Consumer Sentiment Rebounds but Fails to Create Volatility as Markets Await the Fed

U.S. Consumer sentiment rebounds in June and jumps to 86.4, a sign that household spending may remain healthy to continue to drive the economic recovery.

from DailyFX - Market News https://ift.tt/3geH0fr
via IFTTT

South African Rand Price Action Setups: USD/ZAR, EUR/ZAR, GBP/ZAR

Rand analysis has been riddled with complexities this week but after a rollercoaster price action ride, things seem to have settled as markets head to a close. Get your USD/ZAR, EUR/ZAR and GBP/ZAR...

from DailyFX - Market News https://ift.tt/3x8D3yy
via IFTTT

Inflation (CPI), The Fed & ECB – FinTwit Trends to Watch

FinTwit was abuzz this week which was in stark contrast to actual financial market reactions. Inflation data, ECB interest rate announcements as well as focus on the Fed for next week enthralled ma...

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

EUR/GBP Price Forecast - Negative Sentiment May Test Recent Range Support

EUR/GBP continues to probe the lower bound of the multi-week trading range and support may be tested soon.

from DailyFX - Market News https://ift.tt/358dAcL
via IFTTT

Moving Average (MA) Explained for Traders

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

from DailyFX - Market News https://ift.tt/2VP0mNf
via IFTTT

Gold Price Forecast: Gold Upside Test as US Rates Drop - Last Chance for Volatility

Gold hovers around 1900. Markets take transient view to inflation. FOMC provides last chance for volatility.

from DailyFX - Market News https://ift.tt/2Tp1WHW
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

Muted Reaction to US CPI Puts Further Bearish Pressure on USD/CNH

The US Dollar fails to bounce higher after stronger than expected US CPI, causing USD/CNH to fall further

from DailyFX - Market News https://ift.tt/3pJJk12
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3mk0EXh
via IFTTT

Natural Gas Forecast: EIA Storage Report in Focus After Bullish Export Outlook

Natural gas spot prices have been on the rise, recapturing a key trendline, following the EIA's Short-Term Energy Outlook. Where can prices head from here?

from DailyFX - Market News https://ift.tt/3zh2QXb
via IFTTT

Crude Oil, Gold Price Outlook: US Lifts Sanctions on Some Iranians, Inflation Ignored

Crude oil prices shrugged off the US lifting sanctions on some Iranian officials as gold did the same after eye-popping inflation data. What is the technical picture for WTI and XAU/USD?

from DailyFX - Market News https://ift.tt/3pG3A3X
via IFTTT

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

from DailyFX - Market News https://ift.tt/3nTLr0h
via IFTTT

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

Nasdaq 100 May Lead Hang Seng, ASX 200 Higher as Market Shrugs Off CPI

The Nasdaq 100 index rallied as investors shrugged off a stronger-than-expected US inflation data. Jobless claims reached a pandemic-low. Asia-Pacific markets look set to trade higher amid improved...

from DailyFX - Market News https://ift.tt/3xeBa3C
via IFTTT

US Dollar Analysis: Hot Inflation and a Potential Infrastructure Bill - More Weakness Ahead?

A bipartisan group of 10 Senators reached a preliminary agreement on infrastructure on Wednesday, potentially paving the way for a bill to be put in front of both Congressional chambers in the comi...

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

Australian Dollar Forecast: AUD/USD Rises as Post-CPI Bond Yield Drop Drags US Dollar

The Australian Dollar looks to close out a quiet session on a higher note following key economic data prints that left the market with little reaction.

from DailyFX - Market News https://ift.tt/3wdbWm5
via IFTTT

DAX 30 & FTSE 100 Wedge Breaks Look Imminent, Catalyst Required

The DAX 30 and FTSE 100 have worked themselves into similar rising wedge patterns that may suggest a break lower is imminent. That said, such a breakdown may be difficult to establish given current...

from DailyFX - Market News https://ift.tt/2TdrbN7
via IFTTT