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DailyFX - Feeds all


AUD/USD Rate Snaps Five Day Rally with RSI Tracking Downward Trend

Posted: 28 Jun 2021 12:00 PM PDT

The rebound in AUD/USD appears to be stalling after posting its longest stretch of gains since August 2020, with the RSI tracking the downward trend established in May.

FX Week Ahead - Top 5 Events: Chinese & US Manufacturing PMIs; Eurozone Inflation; US NFP & Unemployment Rate; US Holiday

Posted: 28 Jun 2021 11:27 AM PDT

The final days of June and first days of July bring forth a mixed macro calendar.

GBP/USD & EUR/USD Longs Capitulate on USD Short Squeeze - COT Report

Posted: 28 Jun 2021 10:00 AM PDT

Euro and GBP feel the bulk of the US Dollar short squeeze.

US Dollar Technical Forecast: USD in Key Zone, PMI, NFP on Deck

Posted: 28 Jun 2021 08:30 AM PDT

The US Dollar has held on to a large portion of the FOMC-fueled gain, but USD bulls face their first major test in this week's PMI and NFP releases.

Gold Price Susceptible to NFP Report amid Looming Fed Exit Strategy

Posted: 28 Jun 2021 07:00 AM PDT

The price of gold may face headwinds ahead of the US Non-Farm Payrolls (NFP) report as Fed officials show a greater willingness to scale back monetary support.

USD/ZAR Forecast: Rand Donates Recent Gains as SA Enters Level 4 Lockdown

Posted: 28 Jun 2021 04:30 AM PDT

South Africa faces renewed lockdown measures, potential turning point for USD/ZAR?

Australian Dollar Forecast: AUD/USD Consolidating as Key Resistance Holds

Posted: 28 Jun 2021 02:30 AM PDT

AUD reaction to renewed lockdown limited, key US data to driver sentiment this week.

British Pound Price Outlook: Unfazed by Political Rout, GBP/USD Picking Up Bullish Momentum

Posted: 28 Jun 2021 01:00 AM PDT

GBP/USD is building up to a bullish breakout after bouncing off trendline support

Why Most Traders Fail and How to Increase Trading Success

Posted: 28 Jun 2021 12:00 AM 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.

Crude Oil Prices Hit $74 ahead of OPEC+ Meeting on Demand Optimism

Posted: 27 Jun 2021 11:00 PM PDT

WTI crude oil prices hit fresh two-and-half year highs as the demand outlook strengthens. OPEC+ is planning to raise output at a meeting this week amid tightened market conditions.

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

Posted: 27 Jun 2021 10:00 PM 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.

Gold Prices Fall After US PCE Data Strengthens Fed Tapering Bets

Posted: 27 Jun 2021 09:00 PM PDT

Gold prices extended lower after US core PCE growth hit the highest level since 1992, reaffirming inflationary pressures. Boston Fed President Eric Rosengren hinted at first rate hike by the end of...

How to Manage the Emotions of Trading

Posted: 27 Jun 2021 07:00 PM PDT

Controlling emotions while trading can prove to be the difference between success and failure.

S&P 500 Hits All-Time High, Lifting Hang Seng and ASX 200 Sentiment

Posted: 27 Jun 2021 06:00 PM PDT

Wall Street stocks rallied on Friday despite a moderate pullback in the tech sector. Tesla will recall over 285k cars in China. NBS manufacturing PMI and US nonfarm payrolls data are in focus this ...

Australian Dollar Forecast: AUD/USD Takes Hit on New Covid Lockdowns

Posted: 27 Jun 2021 04:00 PM PDT

AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Lowe is eyed.

The Basics of Technical Analysis

Posted: 27 Jun 2021 04:00 PM PDT

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

Markets Week Ahead: Dow Jones, US Dollar, Non-Farm Payrolls, Crude Oil, OPEC+

Posted: 27 Jun 2021 09:00 AM PDT

Market sentiment is mending again, with the Dow Jones, DAX 30 and CSI 300 on the rise despite Fed tapering bets being brought forward. The US Dollar is eyeing non-farm payrolls data. Crude oil pric...

Forex Vs Stocks: Top Differences & How to Trade Them

Posted: 27 Jun 2021 09:00 AM PDT

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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