British Pound Technical Analysis: GBP/USD, GBP/JPY

What a difference a month can make: After limping into December trade the beleaguered British Pound has found a new lease on life after the BoE hike last month.

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

USD Breaking News: U.S. Dollar Fades on ISM Manufacturing PMI Miss

The ISM Manufacturing PMI slip followed that of the IHS Markit print yesterday but employment and pricing measures may provide upside support for the U.S. dollar.

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

US Dollar Jumps Up as Treasury Yields Leap on Fed Expectations. Where To From Here?

The US Dollar index benefitted from the market raising bets on rate hikes by the Federal Reserve beyond what was already priced in. Will USD continue higher?

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

Gold Price Slips as US Dollar Roars on Higher Treasury Yields. Where to for XAU/USD?

Gold prices made a 6-week high before collapsing to kick-off the year, as higher interest rates lifted the US Dollar. Will XAU/USD continue lower?

from DailyFX - Market News https://ift.tt/3HvZ8w5
via IFTTT

Copper Prices Pullback on Surging US Treasury Yields, Stronger Greenback

Copper prices came under pressure as rising US Treasury yields reflected a strong bout of risk-on sentiment to kick off 2022.

from DailyFX - Market News https://ift.tt/3pO6g11
via IFTTT

Nasdaq 100 Starts the Year with a Bang as Tesla Gains 13%, Reopening Stocks Surge

US stocks start of the new year on the front foot, with the reopening basket and cyclicals leading the charge higher, as investors bet the economy will soon overcome the COVID-19 crisis.

from DailyFX - Market News https://ift.tt/32TBP0m
via IFTTT

Canadian Dollar Technical Analysis: USD/CAD, CAD/JPY

Major support levels are taking a toll in the Canadian Dollar, with a strong bounce in USD/CAD showing as CAD/JPY is testing a key area on that chart.

from DailyFX - Market News https://ift.tt/32CShCB
via IFTTT

3 Trading Exit Strategies – How to Exit a Profitable Trade

Explore 3 trading exit strategies that traders should consider when looking to get out of a trade.

from DailyFX - Market News https://ift.tt/3FQ5nu6
via IFTTT

What Type of Forex Trader Are You?

What forex trading style best suits your personality? Read on to find out.

from DailyFX - Market News https://ift.tt/3DSYU0S
via IFTTT

USD/ZAR Forecast: Rand Opens 2022 in the Green After Broad-based EM Gains

A confident start to 2022 for the South African rand as emerging markets enjoy early advances. USD/ZAR trading below 16.00.

from DailyFX - Market News https://ift.tt/3pOKs5k
via IFTTT

Q1 2022 Fundamental and Technical Forecasts

Cross-asset fundamental and technical forecasts that will help traders navigate major markets in Q1 2022.

from DailyFX - Market News https://ift.tt/3Hwb5SM
via IFTTT

Q1 2022 Top Trade Opportunities

Analysts at DailyFX and tastytrade share their top trade opportunities across forex, commodities, and indices for Q1 2022.

from DailyFX - Market News https://ift.tt/3FPj1xW
via IFTTT

Long Airline Stocks (UAL / LUV / AAL / BA) : Top Trade Q1 2022

We are in the midst of another COVID-19 variant, and the expected winter wave. This has resulted in a selloff in sectors that thrive on human participation, namely airline & casino stocks.

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

Boeing… Down but Not Out? : Top Trade Q1 2022

The woes for Boeing stock started about a year before the pandemic as the second 737 Max tragedy pulled the stock from all-time highs, above $437, down below $360. As the pandemic struck, shares fe...

from DailyFX - Market News https://ift.tt/3Jx5yNr
via IFTTT

US Dollar May Rise Against the Yuan, Will 2022 Chinese Export Demand Slow?: Top Trade Q1 2022

In the face of the US Dollar’s rise in 2021, the Chinese Yuan was a notable standout. The DXY Dollar Currency Index appreciated almost 7 percent in 2021. Meanwhile, the offshore Renminbi (CNH) gain...

from DailyFX - Market News https://ift.tt/3pKY15H
via IFTTT

Short USDJPY and Nasdaq 100–Dow Ratio on the Same Risk Reprieve: Top Trade Q1 2022

Looking into the opening quarter of 2022, there seems a high threshold for exuberance. That descriptor of sentiment ('exuberance') should relay the difficulty of sustaining the charge that speculat...

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

MARA for Bitcoin Exposure: Top Trade Q1 2022

Digital assets have been one of the stories of 2021 but have been largely untradeable outside of spot trading due to size and lack of options availability. BTC the bitcoin futures trade at a 5 Bitc...

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

New Variant Greets New Year: Top Trade Q1 2022

As the calendar turns to 2022, the slate is wiped clean of the buoyant enthusiasm that carried risk markets higher through the second half of 2020 and all of 2021. Aggressive fiscal stimulus is now...

from DailyFX - Market News https://ift.tt/3FNL9l5
via IFTTT

Riding The Bull Flattener: Top Trade Q1 2022

Long UST 30YR, UST YC 2s10s Bull Flattener on monetary policy tightening, decelerating economic growth rates.

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

Long CAD/JPY as Interest Rate Differential Begins to Bite: Top Trade Q1 2022

The coming year will see a raft of global central banks reversing their loose, pandemic monetary settings of the last two-years decisions and begin to normalize monetary policy by withdrawing emerg...

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