Canadian Dollar Forecast: USD/CAD Upside Stretched in Short-Term

USD soars across the board, however, momentum beginning to look stretched particularly against the Canadian Dollar

from DailyFX - Market News https://ift.tt/3opLEtR
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/3uVMS2I
via IFTTT

GBP/USD Remains Under Pressure From the US Dollar and Article 16 Fears

Cable is trying to make a short-term recovery after losing over two big figures this week but the likelihood is for further weakness in the weeks ahead.

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

Australian Dollar Sinks on US Dollar Gains as CPI Fall Oout Continues. Where To From Here?

The Australian Dollar remains under pressure as USD gains ground on higher yields and weak domestic data is digested. Will AUD/USD push lower?

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

Gold Price Surge Signals Markets Fear Fed Lagging on Inflation

Gold prices have jumped to a five-month high, warning that markets still fear runaway inflation despite a hawkish shift in Fed policy bets and a stronger US Dollar.

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

Crude Oil Price Volatility Ahead of US-Iran Nuclear Deal Talks

Crude oil prices are at risk of elevated volatility ahead of US-Iran talks. Reconciliation may be a political relief, but a downside risk for petroleum markets.

from DailyFX - Market News https://ift.tt/3Hfzso9
via IFTTT

Will US-China Tensions Spur a Hong Kong IPO Wave? Introducing the Hang Seng Tech Index

The Hang Seng Tech Index (HSTECH) – dubbed“ Hong Kong’s Nasdaq” by market-watchers – represents China’s fast growing ‘new economy’.

from DailyFX - Market News https://ift.tt/3wAQTe8
via IFTTT

NZD/USD Gyrates at Support as Economic Strength Bolsters RBNZ Rate Hike Bets

NZD/USD clings to support after Greenback strength pushed the pair lower. However, the Kiwi economy continues to recover, evidenced by today's business PMI print. That is bolstering RBNZ rate hike ...

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

S&P 500 Ekes Out Small Gain to Rebound from Wednesday’s Decline, Consumer Sentiment Data Eyed

The S&P 500 gained just 0.06% on Thursday as markets sought to rebound from Wednesday's abrupt decline.

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

Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Market pricing for the BOC and RBA has been dragged forward in recent weeks, while the outlook for the RBNZ is extremely aggressive.

from DailyFX - Market News https://ift.tt/3C7BYJw
via IFTTT

NZD/USD Remains Vulnerable Amid Failure to Defend November Opening Range

NZD/USD may continue to depreciation over the coming days as the exchange rate fails to defend the opening range for November.

from DailyFX - Market News https://ift.tt/3wLi5XK
via IFTTT

USD/MXN Jumps as Bank of Mexico Hikes Rates by 25 Basis Points

USD/MXN jumped higher in immediate trade following the Bank of Mexico's decision to raise rates by 0.25%.

from DailyFX - Market News https://ift.tt/3F6lZ01
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/3spDAdO
via IFTTT

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

The US Dollar exploded to a fresh yearly high yesterday but now the USD is quite stretched. Which pairs are befitting of pullback potential?

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

Oil Price Susceptible to Larger Pullback on Failed Test of October High

Failure to test the October high ($85.41) may generate a larger pullback in the price of oil as it struggles to retain the advance from the November low ($78.25).

from DailyFX - Market News https://ift.tt/31LZlM5
via IFTTT

DailyFX Analyst Tammy Da Costa on Her Day Trading Career

For women, starting a career in finance can be difficult. Yet due to changing economic and social trends, more opportunities in trading, investing and finance are becoming available. We sat down wi...

from DailyFX - Market News https://ift.tt/30e2rbB
via IFTTT

US Dollar Strength Leaves Sterling And the Euro In Its Slipstream

The latest US inflation data show price pressures in America hitting a three-decade high, reinvigorating an already strong US dollar.

from DailyFX - Market News https://ift.tt/3c00kdx
via IFTTT

Article 16: Why Triggering it Risks an All Out UK-EU Trade War

Tensions rise between the UK and EU over the Northern Ireland protocol. Failure in talks raises risk of the UK triggering Article 16

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

Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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

British Pound (GBP) Price Outlook: GBP/USD Sliding Towards Support as UK GDP Disappoints

GBP/USD is weakening towards trendline support after a largely weak set of UK GDP figures and as the US Dollar is boosted by news of the highest US inflation rate in 30 years.

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