Sunday, 13 June 2021

S&P 500, Nikkei 225 Outlook: Stocks Hit Record High as VIX Falls

Wall Street stocks ended broadly higher on Friday, with the S&P 500 index closing at record. This week’s FOMC meeting will be in focus. Several major APAC markets are shut on Monday.

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New Zealand Dollar Forecast: NZD/USD Eyes Q1 GDP, FOMC After Downbeat PSI

The New Zealand Dollar faces volatility risks this week, with first-quarter Gross Domestic Product (GDP) data and the US Federal Reserve policy meeting in focus.

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Introduction to Basic Trendline Analysis

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

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Markets Week Ahead: Nasdaq, Dow Jones, US Dollar, Fed, Gold, Crude Oil, Yen, BoJ

Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc...

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

The US indices await the June Fed meeting for clarity on economic projections, the state of inflation and the probable path of monetary policy. With much on the line, the event could revive volatil...

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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Saturday, 12 June 2021

Mexican Peso Forecast: Waters Turn Murkier for the Dollar, USD/MXN Remains Vulnerable

USD/MXN could move lower next week if the Fed sticks to the dovish script and reiterates that now is not the time to start talking about withdrawing stimulus despite rising inflation.

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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Euro Forecast: EUR/USD Price Outlook Neutral, Hoping for FOMC Guidance

Last week was all about waiting for US inflation data and the ECB; the week ahead will be spent hoping for Federal Reserve guidance on US monetary policy – and EUR/USD is unlikely to move far eithe...

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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Gold Price Outlook Hinges on Updated Fed Interest Rate Dot Plot

The Federal Reserve rate decision is likely to sway the price of gold as the central bank is slated to update the Summary of Economic Projections (SEP).

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DailyFX Forex Trading Course Walkthrough: Part Ten

It's our final installment but the journey is just beginning. A trader's education continues throughout their career and items like psychology become increasingly important.

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Crude Oil Outlook: IEA Report Sends Price Skyward Ahead of US-Iran Talks

A bullish International Energy Agency (IEA) report sent crude oil above $71.00 per barrel for the first time since 2018. US and Iran will resume talks this weekend. Will a deal be reached?

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Weekly Fundamental US Dollar Forecast: Here Comes Taper Talk

The June Fed meeting is likely to see policymakers moving from ‘potentially talking about discussions about tapering’ to the actual ‘discussions about tapering.’

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DailyFX Forex Trading Course Walkthrough: Part Nine

In this installment we begin to discuss the topic of strategy with a simple yet utilitarian indicator moving average divergence convergence (MACD) to help with identifying potential market opportun...

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DailyFX Forex Trading Course Walkthrough: Part Eight

Indicators can be helpful but they can also be dangerous if relied upon too heavily because, after all, they're only simple indications based on the past.

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DailyFX Forex Trading Course Walkthrough: Part Seven

We introduced charts in our series but there's a lot that goes into technical analysis. In this installment, we attempt to condense it down to the lowest common denominator.

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DailyFX Forex Trading Course Walkthrough: Part Six

Technical analysis is a popular field of study in FX markets even though it is simply an examination of the past.

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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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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...