Monday, 4 October 2021

Nasdaq 100 Falls More than 2% as Traders Dump Big Tech. Will the Sell-Off Continue?

The Nasdaq 100 index suffers steep losses at the start of the week as traders ditch technology stocks with elevated valuations in the face of rising U.S. Treasury yields

from DailyFX - Market News https://ift.tt/3Bb3Lc9
via IFTTT

Australian Dollar Forecast: Wall Street Losses Threaten APAC Trading as RBA Looms

The Australian Dollar is in focus as Asia-Pacific traders eye the RBA rate decision following a tech-lead selloff on Wall Street.

from DailyFX - Market News https://ift.tt/3a2VHhY
via IFTTT

Hang Seng Index Outlook: Evergrande Uncertainty, Beijing Crackdowns Weigh on Sentiment

Risk-off was the message in Hong Kong as Evergrande shares were halted from trading, and tensions between Beijing and Washington continued to mount.

from DailyFX - Market News https://ift.tt/2Yf45Ir
via IFTTT

FX Week Ahead - Top 5 Events: RBA & RBNZ Meetings; Mexico Inflation Rate; Canada Jobs; US NFP

The first full week of October promises several significant data releases and events over the next few days.

from DailyFX - Market News https://ift.tt/2Yh8tap
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/3Ba0CcF
via IFTTT

Gold Price Forecast: Gold Breakout Potential, XAU/USD Levels

Gold prices are punching up to a fresh weekly high after brewing a bullish reversal formation last month. Can Gold bulls take control as global risks rise?

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

AUD/USD Rate Recovery Susceptible to Dovish RBA Forward Guidance

The Reserve Bank of Australia (RBA) interest rate decision may drag on AUD/USD as the central bank is widely expected to retain the current policy.

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

Crude Oil Jumps in Immediate Reaction to Expected OPEC Announcement

Energy markets have been on fire in September, and a push to fresh yearly highs may not be far away for crude oil prices.

from DailyFX - Market News https://ift.tt/3Fil3qw
via IFTTT

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

Sunday, 3 October 2021

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

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...