Tuesday, 9 November 2021

EUR/USD Outlook Stable Around 1.1600 For Now

EUR/USD price action is currently being directed by the greenback and this looks set to continue in the near term.

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

Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

from DailyFX - Market News https://ift.tt/3c9N0TK
via IFTTT

Gold Price Forecast: Gold Bulls Face Significant Hurdle, Brainard Bullish for Gold

Rising odds of Brainard as Fed Chair underpins the precious metal

from DailyFX - Market News https://ift.tt/3BZ7Z6n
via IFTTT

US Dollar Hit as Treasury Yields Fall. Fed Warns of Risky Asset Price, Will USD Rally?

The US Dollar gave up ground on the Federal Reserve's concern for risky asset prices and speculation of a change in leadership at the Fed. Where to for USD?

from DailyFX - Market News https://ift.tt/3n58CHD
via IFTTT

Monday, 8 November 2021

Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

from DailyFX - Market News https://ift.tt/3nTLr0h
via IFTTT

Gold Eyes Key Resistance With Fed Bets in Focus as CPI Nears

Gold prices have a key level of resistance in focus following last week's move higher. Fed rate hike bets are in the scope as US CPI data approaches. A hot inflation print may weigh on XAU prices.

from DailyFX - Market News https://ift.tt/3F2zI8l
via IFTTT

Dow Jones Gains as Nasdaq 100 Falls Post Infrastructure Bill, Nikkei 225 May Rise

The Dow Jones outperformed the Nasdaq 100, with Caterpillar shares seeing a boost from the 1 trillion infrastructure bill. Ahead, the Nikkei 225 may rise, eyeing a Symmetrical Triangle.

from DailyFX - Market News https://ift.tt/3H7vu18
via IFTTT

NZD/USD May Rise on Upbeat Card Spending Data, Broader Sentiment

NZD/USD rose alongside US stocks as market sentiment brightened overnight. The Kiwi economy saw upbeat card spending data for October cross the wires this morning.

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

Nasdaq 100 Lags Peers as AMC Earnings Kick off the Week in Style

The Nasdaq 100 closed slightly lower on Monday lagging both the Dow Jones and S&P 500, with AMC earnings capturing attention after the closing bell.

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

Tesla Bounces After Gap, AMD Strikes a Meta Deal; S&P 500 Resistance

The Tesla fireworks continued even with Elon Musk talking up a possible sale of 10% of his shares. AMD caught a major bid after deal with Facebook/Meta was announced.

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

EUR/USD to Stage Larger Recovery on Break of Monthly Opening Range

EUR/USD may stage a larger recovery over the coming days if the exchange rate clears the opening range for November.

from DailyFX - Market News https://ift.tt/3bQoC9Z
via IFTTT

How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

from DailyFX - Market News https://ift.tt/3qAG5Jo
via IFTTT

Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, EUR/CAD

The BoC appears to be one of the more hawkish central banks at the moment yet the Canadian Dollar has been in relax mode for much of November.

from DailyFX - Market News https://ift.tt/3mSD47E
via IFTTT

Gold Price Rally Eyes September High with US Yields Under Pressure

The price of gold may continue to retrace the decline from the September high ($1834) as the 10-Year US Treasury yield holds near the monthly low (1.44%).

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

Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

from DailyFX - Market News https://ift.tt/3oNUe4k
via IFTTT

British Pound (GBP) Outlook Strained as Article 16 Fears Flare Up

Sterling opens the week relatively unchanged but news that the Brexit Trade deal may be scrapped if the UK triggers article 16 could see GBP drop again.

from DailyFX - Market News https://ift.tt/3mU4KJp
via IFTTT

Tesla Drops as Elon Musk Proposes to Sell 10% Tesla Stake After Twitter Poll

Tesla opens lower following Musk’s Twitter Poll, however, don’t rule out a quick rebound

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

Bitcoin (BTC) and Ethereum (ETH) - Rallying Hard as The Week Opens

Bitcoin and Ethereum open the week with hefty gains with ETH/USD making another all-time high, while BTC/USD is just a fraction away.

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

Sunday, 7 November 2021

Crude Oil Reignites for Bulls As OPEC+ News Sinks In. Can WTI Make a New High?

WTI crude oil firmed higher again in Monday Asia trade as positive news from China failed to lift equities. Where to for oil from here?

from DailyFX - Market News https://ift.tt/3H3ZV84
via IFTTT

Gold Price Outlook Turns to Fed Chair Jerome Powell as XAU/USD Breaks Resistance

Gold prices are eyeing Fed Chair Jerome Powell after closing at the highest since early September. Will his comments keep Treasury yields suppressed, boosting XAU/USD?

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