High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
EUR/USD, NASDAQ 100 OUTLOOK: The Fed’s interest rate announcement will take center stage on Wednesday A dovish monetary policy outlook could spark a rally in risk assets and weigh on the U.S. dollar. A hawkish outcome would have the opposite effect In this article, we scrutinize key technical thresholds for observation on the Nasdaq 100
Euro, EUR/USD, US Dollar, EUR/JPY, Trend Breakout, Candlestick, Bollinger Bands – Talking Points Euro bulls were rewarded earlier last week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by Daniel
Bitcoin (BTC) Prices, Charts, and Analysis: A Bullish Pennant breakout is currently being tested. A Golden Cross – 50-/200-day sma crossover has been formed. Recommended by Nick Cawley Get Your Free Bitcoin Forecast We have been positive on Bitcoin over the past few weeks due to a cluster of positive fundamental drivers. The main driver
Gold (XAU/USD) Analysis, Prices, and Charts The outlook for gold remains positive Busy week on the economic calendar. Recommended by Nick Cawley How to Trade Gold The escalation of military action in Gaza continues to boost the price of gold, with the precious metal hitting a fresh five month high on Friday. The ongoing safe
Canadian Dollar Vs US Dollar, Euro, Australian Dollar – Outlook: USD/CAD is testing major resistance. AUD/CAD is attempting to rebound from strong support. No sign of reversal of EUR/CAD’s broader uptrend. What is the outlook and key levels to watch in USD/CAD, EUR/CAD, and AUD/CAD? Looking for actionable trading ideas? Download our top trading opportunities
UPCOMING EVENTS: Monday: Australia Retail Sales. Tuesday: Japan Jobs data, Japan Retail Sales and Industrial Production, Chinese PMI, BoJ Policy Decision, Swiss Retail Sales, Eurozone GDP and CPI, Canada GDP, US ECI, US Consumer Confidence, New Zealand Jobs data. Wednesday: Chinese Caixin Manufacturing PMI, US ADP, Canada Manufacturing PMI, US ISM Manufacturing PMI, US Job
Euro, EUR/USD, US Dollar, Trend Breakout, Candlestick, Bollinger Band – Talking Points Euro bulls were rewarded earlier this week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by Daniel McCarthy
2/2 © Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S. economic data reading, while the euro struggled to make headway
Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: Euro Weekly Forecast – EUR/USD, EUR/GBP Await ECB. Breakout or Breakdown Ahead? The Bank of Canada will announce its October monetary policy decision on Wednesday. The institution headed by Tiff Macklem
