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.

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S&P 500 Risking a Pullback in the Week Ahead

S&P 500 seasonals and risk barometer pointing to a pullback for the week ahead.

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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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Canadian Dollar Outlook - USD/CAD Surge Now Hitting Extreme Levels

The sharp USD/CAD rally has now pushed the pair into extreme overbought territory according to one technical indicator

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

The Rand has been hampered this week after the Fed’s hawkish jolt bolstered the U.S. dollar. As we look to close out Q2, will the ZAR be able to hold on as the best performing EM year-to-date?

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British Pound Price Outlook: GBP/USD Extends Pullback as Retail Sales Disappoint

GBP/USD continues to slide as the US Dollar attracts further bullish momentum

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Gold Prices May Bounce as Markets Digest Fed Policy Pivot

Gold prices may find a lifeline after suffering brutal losses in the wake of a momentous Fed policy pivot as traders ponder scope for rate hikes even as the timing quickens.

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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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Japanese Yen Forecast: Bank of Japan Extends Easy Policy, USD/JPY Unfazed

The Japanese Yen was largely unchanged following the Bank of Japan’s (BoJ) latest policy decision. Policymakers kept the super easy policy in place as Japan lags in its efforts to fight the pandemic.

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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Dow Jones, Nasdaq 100 Outlook: Reflationary Trade Dissipating, Nikkei 225 Eyes BoJ

The Dow Jones is back to underperforming the Nasdaq 100 as long-run US inflationary bets fade after the Fed. Ahead, the Nikkei 225 is eyeing the BoJ as the ASX 200 appears toppy.

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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Australian Dollar Sinks Alongside Commodity Prices as Post-FOMC USD Run Continues

The Australian Dollar is down, and maybe out for a while after the FOMC-induced US Dollar surge. The Greenback's strength is also spilling over into the commodities market where lumber prices conti...

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Gold Price to Recover if Fed Rate Hike Risk & USD Strength Ebb

Gold price action has plunged over -5% so far this week. Can XAU/USD stage a rebound or will the hawkish Fed dot plot and corresponding US Dollar strength continue to weigh on the precious metal?

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USD/JPY Fails at Resistance and Pivots Lower, but the Underlying Trend Remains Bullish

USD/JPY turns lower after colliding with a key technical resistance area, but the dollar bias remains positive post-Fed.

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Bitcoin Price Stalls at Resistance - Can BTC Avoid Range-Bound Trading?

Bitcoin trades between two major technical levels as price action threatens range-bound trading.

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AUD/USD Rate Slips Below 200-Day SMA for First Since June 2020

AUD/USD appears to be on track to test the yearly low (0.7532) as the exchange rate slips below the 200-Day SMA (0.7548) for the first time since June 2020.

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Dow Jones Price Falls to Key Trendline as Fed Enters Taper Talk Window

The Dow Jones is at risk of a major breakdown after a slightly hawkish Federal Reserve sent stocks lower. Should price pierce the trendline, the Industrial Average could fall further in the days ah...

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Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/GBP

The Euro put in a big move yesterday on the back of the FOMC rate decision, but which markets are primed for fading that move and which are showing potential new trends?

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Gold Price Vulnerable Following FOMC as RSI Approaches Oversold Zone

A move below 30 in the RSI is likely to be accompanied by lower gold prices like the behavior seen in March.

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