Wednesday, 8 June 2022

Forex Spreads Trading Strategies & Tips

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

from DailyFX - Market News https://ift.tt/8I3DYKv
via IFTTT

Crude Oil Price Soars on Bullish Demand Outlook, Tight Markets Post Russian Embargo

Oil prices rose on Wednesday to their best levels in three months on prospects of strong demand and signs that the market will continue to tighten once China fully reopens its economy.

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

Cathie Wood & Ark: Insiders Aren’t Buying the Hype

Fund manager Cathie Wood says her portfolio will produce a 40% compound annual growth rate over the next five years. Market history and executive insiders suggest otherwise.

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

Tuesday, 7 June 2022

Crude Oil Price Pumps Higher as China Eases Restrictions and Russia is Forced to the High Seas

Crude oil holds the high ground as Chinese lockdowns ease, while supply remains tight with Russian oil leaking out over the oceans. Will WTI hit new heights?

from DailyFX - Market News https://ift.tt/c165Lwy
via IFTTT

Australian Dollar Post-RBA Boost May Continue as Uranium Prices Surge

The Australian Dollar may continue to rise following its post-RBA surge as uranium prices rise on signals of a further tightening in the ore's market.

from DailyFX - Market News https://ift.tt/qrGOR35
via IFTTT

Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

from DailyFX - Market News https://ift.tt/a72wk9y
via IFTTT

S&P 500 Forecast: Rally Selling to Persist, Rising US Rates a Concern

S&P 500 bias remains a fade on rallies as US benchmark yield tops 3%

from DailyFX - Market News https://ift.tt/rnq6Qsw
via IFTTT

How to Be a Part Time Trader: Tips on Workflow and Strategy

The 24-hour FX market makes it easier for part time day traders to take advantage of trends.

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

British Pound (GBP) Forecast: Political Uncertainty Adds to Gloomy UK Growth Outlook

GBP/USD continues to move sideways after Boris Johnson’s no-confidence vote enhances an already grim expectation of the pound.

from DailyFX - Market News https://ift.tt/IdT4C9M
via IFTTT

Monday, 6 June 2022

Australian Dollar Roars Higher After RBA Hike by 0.50%. Where to for AUD/USD?

The Australian Dollar spiked after the RBA surprisingly moved the cash rate target to 0.85%, an increase of 0.50%. Will AUD/USD rally from here?

from DailyFX - Market News https://ift.tt/Y8crujk
via IFTTT

Crude Oil Price Forecast: Inventory Data in Focus as Demand Side Strengthens

Crude oil prices may rise further this week amid a healthy picture for global demand. Traders are eyeing API and EIA inventory data due out over the next couple of days.

from DailyFX - Market News https://ift.tt/a24oGNz
via IFTTT

Australian Dollar Forecast: AUD/USD Awaits RBA Decision

Potential for hawkish surprise by RBA. AUD underpinned on improving risk sentiment

from DailyFX - Market News https://ift.tt/LQA4RNF
via IFTTT

10 Trading Mistakes to Avoid in Forex Trading

Human error in the FX market is common and can lead to common trading mistakes. See the top 10.

from DailyFX - Market News https://ift.tt/5cUd8sT
via IFTTT

British Pound Latest: PM Johnson Will Face a Vote of No Confidence Today

GBP/USD is undecided on news that UK PM Boris Johnson will face a vote of no confidence later today.

from DailyFX - Market News https://ift.tt/8abdqPt
via IFTTT

Sunday, 5 June 2022

How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

from DailyFX - Market News https://ift.tt/T6WCowP
via IFTTT

Crude Oil Price Rally Plays Out as China Eases Covid Controls. Will WTI Make a New High?

Crude oil prices continued to press higher today as supply issues swirl and the US Dollar gave up some ground. Where to for WTI?

from DailyFX - Market News https://ift.tt/k3mEYxO
via IFTTT

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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

Australian Dollar Eyes China PMI Amid Fragile Market Sentiment

The Australian Dollar is in focus to kick off the week ahead of today's PMI figures out of China. AUD/USD may rise if China's recent slowdown shows signs of dissipating as Covid restrictions loosen.

from DailyFX - Market News https://ift.tt/M7SYjcE
via IFTTT

Markets Week Ahead: Dow Jones, US Dollar, USD/CAD, Euro, ECB, Inflation, Canadian Jobs Report

Markets face another busy week filled with event risks as traders gauge central bank policy and global inflationary pressures.

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

Weekly Fundamental Euro Forecast: June ECB Meeting in Focus

The ECB will likely take the first steps to pave the path towards rate hikes in the second half of 2022.

from DailyFX - Market News https://ift.tt/kt8KaGm
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...