Fibonacci Confluence on FX Pairs

25 June 2021

New Zealand reported positive trade data for May as the New Zealand Dollar gained against the US Dollar following a technical victory overnight. Continue Reading:......

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Canadian Dollar Price Outlook: Will USD/CAD Resume its Rally?

The Canadian Dollar has recovered lost ground against its USD peer over the last few trading sessions, but the Loonie might weaken again with USD/CAD...

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Major Banks Pass Fed Stress Test With Flying Colors, Paving the Way for Dividends and Share Buybacks

The Federal Reserve released stress test results for major US financial institutions on Thursday, with banks showing strong health and sufficient capitalization. Continue Reading:... Search...

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions. Continue Reading:... Search Web: How Central Banks Impact the Forex...

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Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause

High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags...

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Mexican Peso Gains on Banxico’s Rate Hike Surprise and Hawkish Shift, USD/MXN Sinks

Banxico surprises investors and raises its overnight interest rate by 25 basis points to 4.25%, causing the Mexican peso to rise sharply against the dollar....

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S&P 500 Leaps to All-Time High on Infrastructure Agreement

The S&P 500 Index is extending its rally to fresh all-time highs as stocks advance further on the session in response to President Biden announcing...

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Gold Price Forecast: Gold Grasps at Fibo Support but Sellers Vigilant

Gold prices took a massive hit last week, but the sell-off stopped at a big spot of support. Sellers, however, haven't yet let up as...

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Oil Price Outlook Hinges on OPEC JMMC Meeting

The price of oil may face headwinds ahead of the OPEC JMMC meeting on July 1 as the group appears to be on track to...

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GBP/USD Drops as BoE Disappoints Calls for Hawkish Surprise

24 June 202121 July 2021

DAILY FOREXFEED STERLING TB

BoE leaves policy unchanged as expected. 8-1 vote split disappoints GBP bulls looking for a hawkish surprise. Continue Reading:... Search Web: GBP/USD Drops as BoE...

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EUR/USD Finding Short-Term Resistance Tough to Break, US Data to Drive the Next Move

EUR/USD is struggling to pull back recent losses and further lows may be on the horizon if US data shows inflation becoming increasingly sticky Continue...

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FTSE 100 Outlook: Trendline Support Becomes Resistance as Momentum Shifts

The FTSE 100 falls below key resistance as bearish pressure increases Continue Reading:... Search Web: FTSE 100 Outlook: Trendline Support Becomes Resistance as Momentum Shifts...

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Bank of England Preview: How Will the Pound (GBP) React?

24 June 202121 July 2021

DAILY FOREXFEED STERLING TB

BoE to maintain policy settings, while risks lean towards a more hawkish statement. Continue Reading:... Search Web: Bank of England Preview: How Will the Pound...

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US Dollar (USD) Price Outlook: Friday's US Inflation Data to Determine Next Move

The US Dollar will likely trade narrowly ahead of Friday’s US core PCE data, the Fed’s favorite measure of inflation, which will likely determine the...

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events. Continue Reading:... Search Web: How to Trade After a...

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Natural Gas Forecast: Prices Rise as US Heat Wave Drives Demand Narrative

Natural gas prices have recaptured a key trendline after a major heatwave sent energy demand in the United States soaring. Continue Reading:... Search Web: Natural...

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Dollar Edges Higher; Fed Officials Offer Mixed Signals

Ivy Chu

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Brazil real to strengthen ‘much more’, says economy minister

Ivy Chu

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Top 10 Candlestick Patterns To Trade the Markets