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DailyFX - Feeds all


Oil Price Outlook Hinges on OPEC JMMC Meeting amid Rise in US Supply

Posted: 26 Mar 2021 07:00 AM PDT

The OPEC JMMC meeting on March 31 may sway the near-term outlook for the price of oil if the group takes additional steps to regulate the energy market.

US Dollar Outlook: PCE Muted, Has King USD Returned?

Posted: 26 Mar 2021 06:00 AM PDT

Muted reaction to PCE Data as month/quarter-end is likely to dictate G10 FX.

FTSE 100 Outlook: US Economic Recovery Optimism Spilling Into European Equities

Posted: 26 Mar 2021 04:00 AM PDT

Improved optimism about the economic outlook in the US is keeping European equities supported despite third-wave fears.

Australian Dollar Forecast: Key AUD/USD Set-Up Levels to Watch

Posted: 26 Mar 2021 03:30 AM PDT

Modest bounce from 2021 low for AUD/USD, while month/quarter end flows look set to drive G10 FX.

British Pound (GBP) Latest: GBP/USD Pushes Higher, EUR/GBP Eyes Multi-Month Lows

Posted: 26 Mar 2021 02:00 AM PDT

The British Pound is grabbing an early bid against most major currencies and is pushing EUR/GBP back towards multi-month lows.

Fibonacci for a Multi-Market Trader’s Approach

Posted: 26 Mar 2021 02:00 AM PDT

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

Canadian Dollar Forecast: US Inflation Data to Trigger USD/CAD Downtrend?

Posted: 26 Mar 2021 12:30 AM PDT

The Canadian Dollar may resume its period of dominance against the US Dollar in the near term on the back of the BoC's hawkish shift and a rebound in crude oil prices. Softer-than-expected US PCE d...

Crude Oil Prices Look Past Suez Canal Blockage, Gold May Rise on US PCE Data

Posted: 25 Mar 2021 11:00 PM PDT

Crude oil prices weakened despite the ongoing blockage at Suez Canal amid European lockdown woes. Gold could catch a breather if the US Dollar weakens on incoming core PCE data.

Copper Prices Sink to Two-Week Low on US Dollar Strength

Posted: 25 Mar 2021 09:30 PM PDT

Copper prices weakened as risk averse investors sought safety in the form of US Dollars as fears grew over COVID outbreaks in Europe, while tensions between the West and China continue to escalate.

Dow Jones May Lead Hang Seng, ASX 200 Higher as the Fed Lifts Bank Dividend Restrictions

Posted: 25 Mar 2021 06:30 PM PDT

Wall Street stocks rebounded broadly as the Fed allowed banks, which can clear stress tests, to raise dividends after this June. The US Dollar rose on strong economic data. Asia-Pacific equities ar...

How to Trade Forex News: An Introduction  

Posted: 25 Mar 2021 05:30 PM PDT

Find out the essentials of trading the news with this introductory guide to forex news trading

Mexican Peso Gains on Banxico Rate Hold, Sending USD/MXN Towards Key Support

Posted: 25 Mar 2021 04:00 PM PDT

USD/MXN pushed lower as the Peso strengthened following a slightly less dovish Banxico rate decision. Meanwhile, traders continued to monitor the situation at the Suez canal.

Gold Price Outlook: XAU/USD at the Mercy of US Dollar Strength

Posted: 25 Mar 2021 03:00 PM PDT

Gold has faced headwinds for quite some time as precious metal bulls struggle to reprieve XAU/USD price action from sustained selling pressure. When might gold outlook improve?

Introduction to Pitchfork Analysis & Median Line Trading

Posted: 25 Mar 2021 02:30 PM PDT

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

S&P 500, Gold, Oil Fund Flows as Virus Cases Rise

Posted: 25 Mar 2021 01:30 PM PDT

S&P 500, Gold, and Oil ETFs have had mixed reactions to recent developments in the global macro outlook.

Sentiment Indicators: Using IG Client Sentiment

Posted: 25 Mar 2021 11:30 AM PDT

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

Top 8 Forex Trading Strategies and their Pros and Cons

Posted: 25 Mar 2021 10:30 AM PDT

Compare the pros and cons of different forex strategies, from day trading to position trading.

Bitcoin Blindsided by Ban Warning from Dalio, BTC Near Key Support

Posted: 25 Mar 2021 09:30 AM PDT

BTC posed an aggressive pullback after Ray Dalio mentioned the elephant in the room. But Bitcoin bulls are nearing a big test at the 50k marker.

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