Australian Dollar Outlook: Commodities, US Dollar and RBA Weigh. Can AUD/USD Hold?

The Australian Dollar weakened during the week as the RBA under-delivered and commodities continued lower. Will AUD/USD catch a bid?

from DailyFX - Market News https://ift.tt/3BP3Thc
via IFTTT

GBP/USD Rate Eyes Yearly Low Ahead of UK GDP Report

GBP/USD is on the verge of testing the yearly low (1.3509) ahead of the UK GDP report as the BoE keeps the benchmark interest rate at the record low of 0.10% in November.

from DailyFX - Market News https://ift.tt/3o572o8
via IFTTT

Spot Gold (XAU/USD), Natural Gas (LNG) & Nasdaq (NDX) – FinTwit Trends to Watch

Fintwit has come alive this week after central banks took center stage causing unease across financial markets. Spot gold (XAU) pushed higher, natural gas (LNG) remains impressive while NDX defies ...

from DailyFX - Market News https://ift.tt/3EIsZ2Y
via IFTTT

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, AUD/USD

It was a big week for the USD, but bulls were unable to do much on this morning's test of a fresh yearly high. The focus now moves to next week's CPI.

from DailyFX - Market News https://ift.tt/3k7N8Yu
via IFTTT

USD, Gold, US Rates Show Tepid Reaction to Strong US Nonfarm Payrolls

NFP headline beats provides brief USD bid, however, overall reaction is tepid given Fed meeting in the week.

from DailyFX - Market News https://ift.tt/2YhhT5w
via IFTTT

USD, GBP/USD, EUR/GBP Price Action Set-Up

NFP impact reduced. GBP underperforms after BoE shock. EUR/GBP better avenue to fade GBP weakness.

from DailyFX - Market News https://ift.tt/300YDKv
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

EUR/USD Testing Support Ahead of the Latest US Jobs Report (NFP)

EUR/USD traders have made repeated attempts to force the pair lower over the past 5-6 weeks, but support remains. Today's NFP report may well provide another stern test.

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

US Dollar Soars on Higher Yields and Bank of England No-Go. Where to for USD?

The US Dollar rallied with Treasuries after the Bank of England surprised markets by leaving rates unchanged. Can the USD make new highs?

from DailyFX - Market News https://ift.tt/3EJp4Dh
via IFTTT

Crude Oil Price Outlook: WTI Eyes NFPs After OPEC+ Output Decision as Trend Breaks

Crude oil prices fell despite OPEC+ maintaining output hike trajectories for December. WTI is eyeing US non-farm payrolls as retail positioning offers a bearish contrarian outlook.

from DailyFX - Market News https://ift.tt/3mOj6Lj
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

Australian Dollar Forecast: AUD/USD Eyes RBA Monetary Policy Statement

The Australian Dollar fell versus the US Dollar overnight along with oil prices. The RBA's monetary policy statement is on deck for today's session.

from DailyFX - Market News https://ift.tt/3q8W0B6
via IFTTT

Swiss Franc Technical Analysis: GBP/CHF, AUD/CHF, NZD/CHF

Swiss Franc pairs continue to tumble, with GBP/CHF falling to fresh multi-month lows. These are some key technical setups for GBP/CHF, AUD/CHF, and NZD/CHF.

from DailyFX - Market News https://ift.tt/3049ZgG
via IFTTT

Oil Fails to Fill Price Gap Even as OPEC+ Retains Production Schedule

The price of oil may face a further decline over the coming days as it struggles to fill the price gap from earlier this week.

from DailyFX - Market News https://ift.tt/3k6WFyY
via IFTTT

British Pound Price Action Setups: GBP/USD, GBP/JPY, EUR/GBP

The British Pound is getting crushed today after the BoE did not hike rates as many had expected. But which GBP pairs are prime for bearish continuation and which are optimal for a bounce?

from DailyFX - Market News https://ift.tt/31pCc1P
via IFTTT

USD/CAD Rate to Face US and Canada Employment Reports

USD/CAD is likely to face increased volatility later this week as both the US and Canada are slated to releases updated figures surrounding the labor market.

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

Gold Prices React to the Fed, Yields & Non-Farm Payrolls (NFP)

Gold prices have recovered a portion of losses after Fed rate decision. NFP remains a key catalyst for the imminent move.

from DailyFX - Market News https://ift.tt/3bFgk4m
via IFTTT

GBP/USD Tumbles After Bank of England Leaves UK Interest Rate Unchanged

The Bank of England’s monetary policy committee has unexpectedly left UK Bank Rate at 0.1%, sending GBP/USD sharply lower as a 15 basis point rate hike had been fully priced in by the markets.

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

Japanese Yen Outlook: USD/JPY Consolidating, NFP Could Shake Things Up

The threat of tightening by the Fed has been suppressed for now leaving the U.S. dollar against the Japanese Yen in limbo as attention shifts to NFP data tomorrow. Fundamentals to dictate USD/JPY b...

from DailyFX - Market News https://ift.tt/3q77qVJ
via IFTTT

Crypto Update: Bitcoin (BTC) Struggles to Push Higher as Ethereum (ETH) Takes the Spotlight

Bitcoin hovers within a triangle pattern as Ethereum outperforms on the back of surging alt-coins

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