Bitcoin (BTC), Fed Speak & S&P 500 (SPX) – FinTwit Trends to Watch

FinTwit continues its focus on Bitcoin (BTC), the Fed and SPX after key announcements from key financial market players as well as additions from the political front causing notable changes in the ...

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

NZD/USD Climbs Back Above 200-Day SMA as Bullish Price Series Persists

NZD/USD may stage a larger rebound over the remainder of the month as it extends the bullish price series from the start of the week to climb back above the 200-Day SMA.

from DailyFX - Market News https://ift.tt/3gR3Ji1
via IFTTT

Crypto Outlook: Bitcoin (BTC) Faces Significant Headwinds, Ethreum (ETH) Sticks to Descending Trendline

Cryptocurrencies continue to struggle as sentiment is far from robust

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

How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

from DailyFX - Market News https://ift.tt/2ZL5jIR
via IFTTT

Canadian Dollar Forecast: USD/CAD Pullback From Peak Hinges on OPEC Meeting

USD/CAD pullback from peak, oil prices underpin Loonie. Eyes on OPEC meeting.

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

British Pound (GBP/USD) Struggling to Regain Trend Support, US Inflation Data Nears

GBP/USD currently trades either side of 1.3900 after yesterday’s neutral Bank of England meeting left hawks mildly disappointed.

from DailyFX - Market News https://ift.tt/3gUi5hw
via IFTTT

Gold Prices May Fall as US PCE Data Stokes Fed Rate Hike Bets

Gold prices may resume last week’s violent selloff if the US PCE inflation gauge overshoots forecasts, reviving accelerated Fed rate hike speculation.

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

The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

from DailyFX - Market News https://ift.tt/3t1RanT
via IFTTT

Crude Oil Prices at Risk as Chart Setup Hints at Fading Momentum

Crude oil prices may turn lower as technical positioning warns that upside momentum may be fading. May’s US PCE report is focus as Fed policy speculation continues to swirl.

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

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

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

Dow Jones Rebound May Lift Sentiment for Nikkei 225 and ASX 200

Wall Street stocks rallied following the approval of a $579 billion infrastructure deal. The S&P 500 and Nasdaq 100 both hit all-time highs. Asia-Pacific markets may follow a positive lead and trad...

from DailyFX - Market News https://ift.tt/3j6OjrA
via IFTTT

Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

from DailyFX - Market News https://ift.tt/3e44of9
via IFTTT

New Zealand Dollar Forecast: Improved Trade Balance, Westpac OCR Update to Lift NZD?

New Zealand reported positive trade data for May as the New Zealand Dollar gained against the US Dollar following a technical victory overnight.

from DailyFX - Market News https://ift.tt/3gTv96O
via IFTTT

Canadian Dollar Price Outlook: Will USD/CAD Resume its Rally?

The Canadian Dollar has recovered lost ground against its USD peer over the last few trading sessions, but the Loonie might weaken again with USD/CAD looking like it wants to head higher.

from DailyFX - Market News https://ift.tt/2U4Xb6k
via IFTTT

Major Banks Pass Fed Stress Test With Flying Colors, Paving the Way for Dividends and Share Buybacks

The Federal Reserve released stress test results for major US financial institutions on Thursday, with banks showing strong health and sufficient capitalization.

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

How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

from DailyFX - Market News https://ift.tt/3gYBL4D
via IFTTT

Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause

High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags the Dow Jones lower.

from DailyFX - Market News https://ift.tt/35TiXNj
via IFTTT

Mexican Peso Gains on Banxico’s Rate Hike Surprise and Hawkish Shift, USD/MXN Sinks

Banxico surprises investors and raises its overnight interest rate by 25 basis points to 4.25%, causing the Mexican peso to rise sharply against the dollar.

from DailyFX - Market News https://ift.tt/3jev2V4
via IFTTT

S&P 500 Leaps to All-Time High on Infrastructure Agreement

The S&P 500 Index is extending its rally to fresh all-time highs as stocks advance further on the session in response to President Biden announcing a bipartisan infrastructure deal has been reached.

from DailyFX - Market News https://ift.tt/3h4I8RZ
via IFTTT