Wednesday, 1 June 2022

Euro Price Forecast: Is the EUR/USD Bear Market Rally Coming to an End?

EUR/USD may be making a turn lower after growth prospects were muted by the Russian oil embargo, while key ECB and Fed speeches are expected later today.

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Canadian Dollar Forecast: BoC to Hike, USD/CAD Falls into Support

BoC risks a hawkish disappointment. USD/CAD testing support

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Tuesday, 31 May 2022

Crude Oil Dips on OPEC Plans to Ditch Russia and US Dollar Firms. New Highs for WTI?

Crude oil prices tried higher but a report from OPEC saw it slip lower while the US Dollar caught an up draft on higher Treasury yields. Where to for WTI?

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Australian Dollar Slipped Post GDP Amid Rising Risks on Several Fronts. Lower AUD/USD?

The Australian Dollar failed to find support after GDP numbers showed solid growth domestically as risks from Ukraine war, China Covid policy and USD remain.

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Nasdaq 100 Fails to Sustain Bullish Momentum, Falls 1.65% in May; NFP Eyed this Week

Nasdaq 100 slides on Tuesday amid failure to sustain the previous week’s bullish momentum. After the session's modest pullback, the tech index falls 1.65% in May, following a 13.37% drop in April.

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Monday, 30 May 2022

Australian Dollar Weighs Strong China PMI Against Weak Domestic Data. Where to for AUD/USD?

The Australian Dollar is struggling despite a solid China PMI data that ran against a very disappointing Australian building approvals number. Will AUD/USD hold recent gains?

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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How Current Markets Will Impact Traders | DailyFX Exclusive Q2 Forecast

DailyFX analysts give their expert predictions and their 2022 Q2 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe...

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Forex Spreads Trading Strategies & Tips

Learn how to master the forex spread and keep your trading costs low with our strategies and tips.

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Weekly Fundamental US Dollar Forecast: Rate Hikes Fade, Hope Hangs on NFP

The US Dollar (via the DXY Index) has lost ground for two consecutive weeks.

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How Technical Levels Will Develop In Q2 of 2022

DailyFX analysts give their expert predictions and their 2022 Q2 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe...

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Sunday, 29 May 2022

Euro Holding Firm as US Dollar Undermined by Fed Policy Risks. Where to for EUR/USD?

The Euro is approaching a 5-week high as the US Dollar is coming to terms with a Fed that wants to keep its options open. Can EUR/USD continue to rally?

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How to Create a Trading Plan in 7 Steps

A trading plan guides traders through the trading process. Learn how to set one up in 7 steps.

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Crude Oil Trading Strategies and Tips

Crude oil is the most valuable market on Earth, and a key commodity for today's economy. But how can traders build strategy to trade crude oil?

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Hang Seng Index Soars on Alibaba and Baidu Boosting Tech Outlook and Turns Risk-on

The Hang Seng index was lifted after Alibaba and Baidu beat sales expectations and risk assets rose across the board. Has China turned the corner?

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Markets Week Ahead: Nasdaq 100, US Dollar, NFPs, Canadian Dollar, BoC, China PMI Data

Global markets are taking full advantage of cooling Federal Reserve rate hike expectations. The Nasdaq 100 is soaring and the US Dollar is tanking. Are traders getting ahead of themselves? Eyes are...

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Stock Market Outlook: S&P 500, DAX 40, FTSE 100, Nikkei 225

There was some much needed respite among the major global equity indices this past week, but that relief was likely a by-product of the liquidity drain before a holiday weekend. With growth forecas...

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Saturday, 28 May 2022

Euro Week Ahead: EUR/USD Rebound in Focus, but Total Reversal Seems Unlikely

The Euro saw its best two-week performance since January as the markets boosted ECB rate hike bets and cooled Fed tightening expectations. EUR/USD still faces multiple obstacles next.

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Gold Prices May Rise as US Recession Fears Cool the Fed’s Interest Rate Outlook

Gold prices may continue to recover in the coming days if U.S. economic data worsens and cools bets for a more aggressive Federal Reserve monetary policy outlook.

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Canadian Dollar May Lose Ground Even as the BOC Delivers

The Canadian Dollar may continue to pull back unless the BOC manages a convincing hawkish surprise at the upcoming monetary policy announcement. That looks like a tall order.

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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...