Friday, 11 June 2021

Bitcoin (BTC) Grinding Higher - Ethereum (ETH), Alt-Coins in Wait-And-See Mode

Bitcoin continues its slow move higher while the rest of the market is watching to see if the move has legs

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DailyFX Forex Trading Course Walkthrough: Part Five

In our last installment, we looked at the 'who,' and this time we shift our focus to the 'what.' What are the biggest news events for the FX market?

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DailyFX Forex Trading Course Walkthrough: Part Four

Fundamental analysis is key for projections, but since the global financial collapse, there's been a dominant force that traders need to account for, and that's the Central Bank.

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DailyFX Forex Trading Course Walkthrough: Part Three

Analysis is key for traders' decision making processes, but this is a wide field with numerous topics. In this article, we aim to simplify while helping you to get started.

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DailyFX Forex Trading Course Walkthrough: Part Two

What fundamental factor is a primary driver of FX prices? In this second installment in our 10-part series, we shift the focus to an important aspect of market dynamics.

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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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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.

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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.

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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).

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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.

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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...

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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...

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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.

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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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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.

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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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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

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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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Thursday, 10 June 2021

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?

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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?

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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...