Friday, 13 August 2021

Gold Price Running Into a Formidable Zone of Opposition

Gold has regained its composure in the last few days and is now trying to break back into a prior trading range.

from DailyFX - Market News https://ift.tt/37GSd3i
via IFTTT

EUR/GBP Price Outlook: Weekly Close Key as Corrective Risks Brew

Bears eyes on weekly close for EUR/GBP as corrective risks rise.

from DailyFX - Market News https://ift.tt/3iE2zHE
via IFTTT

Bitcoin (BTC) and Ethereum (ETH) Battle Key Resistance Heading Into the Weekend

Cryptocurrencies are picking up momentum after Thursday’s setback but there is still key resistance ahead

from DailyFX - Market News https://ift.tt/3scl5Kl
via IFTTT

AUD Undermined, Delta Cases Up, AUD/NZD Downtrend, Iron Ore Weakens

The Australian Dollar has some issues but maintains a range against USD for now while the AUD/NZD downtrend looks intact to test lows. Asia moved sideways today ahead of a busy data week.

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

Cardano (ADA) Pumps Ahead of Smart Contract Announcement, Messi in The Money

Cardano coin holders are heading into the weekend with a smile on their faces as the 4th�largest cryptocurrency by market cap continues to pump higher.

from DailyFX - Market News https://ift.tt/3g0NjTl
via IFTTT

4 Effective Trading Indicators Every Trader Should Know

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

from DailyFX - Market News https://ift.tt/3iJb9ou
via IFTTT

Thursday, 12 August 2021

Gold Price Outlook: XAU/USD May Rise as Week Wraps Up, Eyes on US Data

Gold prices may climb into the weekend if softer University of Michigan Sentiment data sends Treasury yields lower. Falling XAU/USD net-long bets offer a contrarian bullish bias.

from DailyFX - Market News https://ift.tt/37AHDuV
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

5 Myths on Women and Money: Wall Street Isn’t Just for Men

In the past 10 years Barbara Stewart, CFA, has interviewed more than 850 women on money, investing and trading. Stewart publishes research on financial behaviors to show how smart women think and c...

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

DailyFX Strategist Margaret Yang on Thinking Like a Trader

Fear, greed, excitement, overconfidence and nervousness are all typical emotions experienced by traders at some point. Managing these feelings, the crux of trading psychology, can prove the differe...

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

Australian Dollar Forecast: Lockdowns Drag Aussie Dollar as Chinese FDI Approaches



from DailyFX - Market News https://ift.tt/3m0oxXd
via IFTTT

US Dollar Outlook: USD Eyes Consumer Sentiment Data Due

The US Dollar edged slightly higher during Thursday's trading session with the broader DXY Index gaining 0.12% on balance. How might consumer sentiment data sway the direction of USD price action?

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

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

After a strong July US nonfarm payrolls report and more hot inflation readings, Fed rate hike odds are creeping higher ahead of the August gathering in Jackson Hole.

from DailyFX - Market News https://ift.tt/3ABB33F
via IFTTT

Banxico Hikes Rates to 4.5% but Fails to Trigger a Bullish Move in the Mexican Peso

Banxico tightens monetary policy for the second time this year and raises the overnight interest rate by 25 bp to 4.50% to combat rising inflationary pressures in the economy.

from DailyFX - Market News https://ift.tt/37Acyr6
via IFTTT

Gold Price Forecast: Gold Snaps Back, Tests Key Resistance - GLD Levels

Gold prices opened the week with a nasty sell-off that threatened the 2021 low. But, the rest of the week has been spent with Gold prices trying to recover.

from DailyFX - Market News https://ift.tt/3lZKo18
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

EUR/USD Defends March Low Despite Slew of Hawkish Fed Rhetoric

EUR/USD may track the range from the first half of the year as the exchange rate appears to be defending the March low (1.1704).

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

Football Legend Lionel Messi Embraces Cryptocurrencies with PSG Fan Tokens

The shock summer football move that saw Lionel Messi move to Paris St Germain included a lump of PSG Fan Tokens in his lucrative transfer package

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

AUD/USD Forecast: Aussie Dollar Indecisive as Rectangle Pattern Forms

The Australian dollar has been able to stem the tide against adverse factors such as COVID-19 and lower commodity prices as we wait for further AUD/USD price drivers.

from DailyFX - Market News https://ift.tt/3jRh1ez
via IFTTT

USD Risks Remain to the Upside Despite Inflation Induced Dip

US Dollar dip to be faded, summer lull kicks in.

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

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...