DailyFX - Feeds all

DailyFX - Feeds all

British Pound (GBP) Price Outlook: GBP/USD Stable But Still Testing Support

Posted: 07 Dec 2021 01:00 AM PST

Sterling is modestly higher against both the US Dollar and the Euro but GBP/USD remains close to trendline support and if that breaks then further losses are likely.

Introduction to Pitchfork Analysis & Median Line Trading

Posted: 07 Dec 2021 01:00 AM PST

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

Crude Oil Price Rise May Struggle on Incoming Supply, Demand Data

Posted: 06 Dec 2021 11:30 PM PST

Crude oil prices are rebounding to test back above the key $70/barrel figure but gains may be capped by incoming trade, inventories and output forecast data.

Gold Price Outlook: XAU Prices Coiling for Potential Move on US Inflation Data?

Posted: 06 Dec 2021 09:00 PM PST

Gold prices are rather calm as bullion traders await US inflation data. That may shift inflation expectations and gold-sensitive breakeven rates.

Australian Dollar Skittish After the RBA Left Policy Unchanged. Where to for AUD/USD?

Posted: 06 Dec 2021 08:00 PM PST

The Australian Dollar edged up slightly after the RBA left the cash rate target at 0.10% and weekly asset purchases at AUD 4 billion. Will AUD/USD go higher?

How to Manage the Emotions of Trading

Posted: 06 Dec 2021 06:00 PM PST

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

S&P 500 and Dow Jones Gain. Will ASX 200 Rise on RBA after PBOC RRR Cut?

Posted: 06 Dec 2021 05:00 PM PST

The S&P 500 and Dow Jones rose as cyclical stocks boosted Wall Street after Omicron variant woes faded and the PBOC cut the RRR rate. Will the ASX 200 rise on the RBA rate decision?

AUD/USD Rises With Down Jones as Traders Await China Trade Data, RBA

Posted: 06 Dec 2021 04:00 PM PST

The Australian Dollar may continue its overnight rise versus the US Dollar if Chinese trade data impresses. The RBA decision is also in focus for today's APAC session.

Natural Gas Plunges Over 10% on Warmer Winter Forecasts

Posted: 06 Dec 2021 03:00 PM PST

Natural gas prices came under severe pressure on Monday as warm weather continues to sweep across the United States.

Dow Jones Leaps as Omicron Fears Ease; Airline Stocks Take Off as Bargain Hunters Swoop In

Posted: 06 Dec 2021 02:00 PM PST

The Dow Jones surges 1.87% on Monday amid easing pandemic fears on news that the COVID-19 omicron variant may cause only mild disease and be less severe than other strains of the virus.

How to Read a Candlestick Chart

Posted: 06 Dec 2021 12:00 PM PST

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

EUR/USD Rebound From November Low Unravels amid Hawkish Fed Rhetoric

Posted: 06 Dec 2021 11:00 AM PST

EUR/USD may continue to give back the rebound from the November low (1.1186) as a growing number of Fed officials show a greater willingness to normalize monetary policy.
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