DailyFX - Feeds all

DailyFX - Feeds all


USD/CHF, USD/SEK Lose 2021 Uptrends; USD/NOK Retains Bear Flag Breakout Posture

Posted: 10 May 2021 07:10 AM PDT

The US Dollar continues to struggle against a basket of European currencies.

Gold Price Approaches 200-Day SMA for First Time Since February

Posted: 10 May 2021 07:00 AM PDT

The price of gold appears to be on track to test the 200-Day SMA ($1851) for the first time since February after establishing a double-bottom formation in March.

Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment

Posted: 10 May 2021 04:00 AM PDT

Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5...

USD/CAD Price Falls Further, Multi-Year Low Nears

Posted: 10 May 2021 03:33 AM PDT

USD/CAD is fast approaching lows last seen in September 2017 and there is little in the way of support to stop the pair from going sub-1.2000

Altcoins Surge as Bitcoin Falls Behind - Ethereum at New Record High, Dogecoin Attempts to Recover from SNL

Posted: 10 May 2021 02:30 AM PDT

Altcoins build on Bitcoin weakness, Ethereum keeps up strong momentum

As a New Retail Trader Age Rises, Heed Tales of Past Manias

Posted: 10 May 2021 02:00 AM PDT

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

British Pound (GBP) Outlook: GBP/USD, FTSE 100 Power Ahead as UK Re-Opening Continues

Posted: 10 May 2021 01:00 AM PDT

Fresh from a strong set of UK election results, UK PM Boris Johnson will outline further plans for re-opening the UK economy later today.

Three Women Leaders Changing Finance, Economics and Business

Posted: 10 May 2021 12:00 AM PDT

To mark International Women's Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.

Mexican Peso Weekly Forecast: NFP Miss Helps USD/MXN Break Lower, Banxico Meeting in Focus

Posted: 09 May 2021 11:50 PM PDT

USD/MXN breaks below the 20 pesos mark as disappointing NFP figures cause the Dollar to dip

Crude Oil Prices Climb on Major US Pipeline Disruptions, Weaker USD

Posted: 09 May 2021 11:00 PM PDT

Crude oil prices climbed during Monday's Asia-Pacific session as a cyberattack on the largest US oil pipeline raised concerns about a near-term supply shortage. A weaker US Dollar also buoyed commo...

Gold Prices at 3-Month High amid USD Weakness after Big NFP Miss

Posted: 09 May 2021 09:00 PM PDT

Gold prices surged to a 3-month high as the DXY US Dollar index fell to a 10-week low. April's nonfarm payrolls report came far below market expectations, cooling fears about tapering Fed stimulus.

US Dollar Outlook: USD/SGD, USD/THB, USD/PHP, USD/IDR May Fall on Dovish Fed Speak

Posted: 09 May 2021 08:00 PM PDT

The US Dollar may fall versus ASEAN currencies if dovish Fed speak extends the boost in sentiment after a huge miss in non-farm payrolls. USD/PHP is eyeing the Philippine Central Bank.

Why Most Traders Fail and How to Increase Trading Success

Posted: 09 May 2021 07:00 PM PDT

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.

Dow Jones, Hang Seng, ASX 200 Outlook: Big NFP Miss Defies Tapering Fears

Posted: 09 May 2021 06:00 PM PDT

Wall Street stocks closed broadly higher as April nonfarm payrolls data fell sharply below expectations, cooling fears about tapering Fed stimulus. The US Dollar fell to a 10-week low, buoying prec...

Australian Dollar Forecast: AUD/USD to Rise on Prevailing Sentiment?

Posted: 09 May 2021 04:00 PM PDT

AUD/USD looks to start the week on a positive note after last week's US NFP miss increased the expected timeline on ultra-loose global monetary conditions.

Moving Average (MA) Explained for Traders

Posted: 09 May 2021 03:00 PM PDT

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment

Posted: 09 May 2021 09:00 AM PDT

Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5...

The Basics of Technical Analysis

Posted: 09 May 2021 09:00 AM PDT

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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