Introduction to Basic Trendline Analysis

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

from DailyFX - Market News https://ift.tt/3Fg4lIh
via IFTTT

Central Bank Preview: RBA and RBNZ Diverging Central Bank Policy

This week sees the Australian and New Zealand central banks provide updates to monetary policy with the RBNZ almost guaranteed to raise rates for the first time since the pandemic

from DailyFX - Market News https://ift.tt/3l7tRqW
via IFTTT

USD Buying Resumes, NZD Longs Stretched, CAD Shorts Reduced – COT Report

USD buying picking up against Euro, JPY & CHF. CAD shorts reduced. GBP rallies face hurdles.

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

Gold Price (XAU/USD) Struggling to Move Higher, Significant Resistance Holds

The recent move lower in US Treasury yields has given gold a short-term boost, but notable resistance lies in the way of any move higher.

from DailyFX - Market News https://ift.tt/2Ykf9UU
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

GBP/USD Bounce Rejected at Key Fibonacci Level as USD Sellers Struggle For Momentum

GBP/USD has put in a solid bounce since last week’s lows but the pair is facing increase resistance just below 1.36

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

Canadian Dollar Jumps on Energy Gains Ahead of OPEC+. Will USD/CAD Break Lower?

The Canadian Dollar has strengthened in recent sessions as energy prices continue to soar. Will USD/CAD move through nearby support levels?

from DailyFX - Market News https://ift.tt/3D8NVzp
via IFTTT

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

from DailyFX - Market News https://ift.tt/33zwgSi
via IFTTT

US Dollar Outlook: USD/SGD, USD/THB, USD/PHP Eye NFPs, US-China Trade Tensions Risk

The US Dollar rose against SGD, THB, IDR and PHP this past week. Less-dovish Fed expectations and a slowing China seem to be key drivers. Eyes are on NFPs as US-China trade tensions could resurface.

from DailyFX - Market News https://ift.tt/3BbfB68
via IFTTT

AUD/USD Eyes USTR China Announcement as APAC Trading Week Starts

The Australian Dollar may rise versus the Greenback amid a potentially quiet Monday session. However, traders are turning focus to an expected announcement out of the US regarding trade terms with ...

from DailyFX - Market News https://ift.tt/3Fdk5Ma
via IFTTT

Markets Q4 Outlook: Dow Jones, US Dollar, Gold, Fed, Euro, ECB, Oil, Volatility Returns?

Volatility captured markets as the Dow Jones, S&P 500 and Nasdaq 100 fell in September. The US Dollar and crude oil prices are on the rise, with gold vulnerable to rising Treasury yields. What is i...

from DailyFX - Market News https://ift.tt/3me64VO
via IFTTT

Oil Q4 Fundamental Forecast: Stronger Demand to Be Met with Limited Supply

The price of oil trades back above the $70 handle going into the fourth quarter of 2021 as signs of stronger demand are met with limited supply.

from DailyFX - Market News https://ift.tt/3otmmg5
via IFTTT

Japanese Yen Q4 Fundamental Forecast: USD/JPY Likely Remains Skewed Higher

The Japanese Yen wrapped up a fairly steady third quarter, but likely remains vulnerable against the US Dollar heading into the end of 2021. Will a less-dovish Fed push USD/JPY higher?

from DailyFX - Market News https://ift.tt/3l4e2Bp
via IFTTT

US Dollar Q4 Fundamental Forecast: Dollar Outlook Firms as Global Risk Trends Cool and Yields Rise

The Dollar has attempted a serious bullish break in the transition from the third to fourth quarter of 2021. With Fed rate forecasts charged and risk trends wavering, what is in store for the Green...

from DailyFX - Market News https://ift.tt/3D6eWDD
via IFTTT

British Pound Q4 Forecast: Preparing the Ground for Interest Rate Hikes

The fourth quarter of 2021 will likely see the Bank of England start talking about interest rate hikes as early as the beginning of next year, boosting the attraction of Sterling.

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

Gold Q4 Fundamental Forecast: Outlook Continues to Weaken

The forecast for rising real US yields has only improved, leaving gold prices in difficult territory for the rest of the year.

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

Australian Dollar Q4 Fundamental Forecast: AUD/USD Has Hurdles that Could be Overcome

The Australian Dollar made a new low for the year in the third quarter as external factors hampered the outlook. Will the risk environment continue to weigh the AUD/USD down?

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

Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes

Throughout the third quarter, there had been somewhat of a reversal in the reflation trade as concerns over the peak in the global growth lingered, alongside the continued spread of the Delta variant.

from DailyFX - Market News https://ift.tt/2WA8Hsg
via IFTTT

Return to Normalcy Harkens Shift in Retail Trading Era

It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re...

from DailyFX - Market News https://ift.tt/3kXr57Q
via IFTTT

US Dollar Price Action Setups for Q4: EUR/USD, USD/CAD, USD/JPY

The US Dollar is coming into Q4 after a fresh breakout to a new yearly high. Can USD bulls keep up the move as we head towards a possible taper announcement in November?

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