USD/CAD ANLAYSIS Uncertainty around China and U.S. policy lingers. U.S. labor and Canadian balance of trade dominates headlines today. Will the bearish engulf unfold to… Read More »USD/CAD Bearish Engulf Resisted by Stronger USD
Japanese Yen, USD/JPY, US Dollar, Crude Oil, FOMC, Fed, Gold – Talking Points The Japanese Yen appears to be at a crossroads with lower oil… Read More »Japanese Yen in Focus as Crude Oil Sails South. Will Lower Energy Prices Sink USD/JPY?
Crude Oil, WTI, US Dollar, IMF, China, FOMC, Fed Minutes, USD/JPY, OIL/JPY – Talking Points Crude oil prices found some support today after a two-day… Read More »Crude Oil Price Hammered by Growth Concern but Steadies Today. Where to for WTI?
EURUSD, S&P 500, Fed Rates and Liquidity Talking Points: The Market Perspective: S&P 500 Bullish Above 3,900 The FOMC minutes reiterated the message of a… Read More »EURUSD Breakout Falters as Market Doubts Fed Commitment
Australian Dollar, AUD/USD, China, FOMC Minutes – Asia Pacific Market Open Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Asia-Pacific Market Briefing – Nasdaq… Read More »As Australian Dollar Soars on Chinese Economic Bets, AUD/USD Struggles at Resistance
Indices Talking Points: The S&P 500 has built into a symmetrical triangle inside of the rectangle formation that held through the holidays. The Nasdaq ended… Read More »Range Through FOMC Minutes, NFP on Deck
Dollar, Yields, Inflation and Gold Talking Points: The Market Perspective: DXY Dollar Index Range Bound from 105 to 103.25 The FOMC meeting minutes reiterated its… Read More »Dollar Recovery Remains Unclear After FOMC Minutes Keeps Inflation in Focus
Japanese Yen Talking Points: While the USD has been ranging since the December FOMC meeting, the Japanese Yen has remained on the move, initially pulling… Read More »Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY, CAD/JPY
SPX (US S&P 500), NDX (NASDAQ 100) Latest: US 500 (S&P 500) resilience holds ahead of FOMC minutes Nasdaq 100 lacks clarity as tech stocks… Read More »SPX 500, Nasdaq Uncertain Ahead of FOMC Minutes – ISM Falls
POUND STERLING TALKING POINTS UK housing statistics and railway strikes cast shadow on UK economy. FOMC and ISM data in focus. Threatening rectangle breakout on… Read More »Will ISM and FOMC Facilitate GBP/USD Breakout?
Brent Crude Oil Technical Analysis Brent crude oil breaks below the (bearish) rising wedge Upside momentum temporarily restricted at the 50 SMA IG client sentiment… Read More »Rising Wedge Breakdown Favors Downside
Gold Price (XAU/USD), Chart, and Analysis Gold buoyed by lower US bond yields. The FOMC minutes may see the Fed reiterate its hawkish outlook. Recommended… Read More »Gold Price (XAU/USD) Hits a Fresh Six-Month High Ahead of the FOMC Minutes
Eurozone PMI Key Points: Final Eurozone Composite Output Index at 49.3 (Nov: 47.8). 5-month high. Final Eurozone Services Business Activity Index at 49.8 (Nov: 48.5).… Read More »EURUSD Bid as PMI Data Continues to Improve
Crude Oil, US Dollar, S&P 500, Fed, Japan, USD/JPY, BoJ – Talking Points Crude oil has had a rough start to the year on recession… Read More »Crude Oil Slips as US Dollar Rallies Amid Recession Fears. Will WTI Push Lower?
Gold, XAU/USD, Bond Yields, Hang Seng, ISM Data, Technical Analysis – Briefing: Gold prices roared higher to start off trading in the new year Treasury… Read More »XAU/USD New Year Rally Turns to ISM Data as Treasury Yields Dip
Australian Dollar was pummelled against a strong US Dollar The threat of a US recession appears to be gaining mainstream attention Questions remain around China’s… Read More »Australian Dollar Hit by US Dollar Demand Ahead of Fed Minutes. Will AUD/USD Recover?
EURUSD, S&P 500, VIX and Liquidity Talking Points: The Market Perspective: EURUSD Bearish Below 1.0550; USDJPY Bearish Below 132 After weeks of falling into an… Read More »EURUSD Starts 2023 Off with a Bang, But Does It the Start of Anything Grander?
S&P 500 Talking Points: The S&P 500 futures contract set its current all-time-high a year ago, on January 4th. While the Fed started to open… Read More »A Year on the Charts
USDJPY, Dollar, Risk Trends and Carry Trade Talking Points: The Market Perspective: USDJPY Bearish Below 132 In a volatile first ‘full’ season of the new… Read More »USDJPY Outlook Holds Bearish Course Despite Dollar and Risk Trend Conflict
DAX 40, FTSE 100, Dow Jones Talking Points: Recommended by Tammy Da Costa Get Your Free Equities Forecast Dax, FTSE Trade Higher While Dow Jones… Read More »Dax, Ftse Positive in First Trading Session of 2023 While Dow Lags
EUR/USD Price, Chart, and Analysis Recommended by Nick Cawley Download our brand new Q1 2023 guide For all market-moving economic releases and events, see the… Read More »Euro Update – EUR/USD May Re-test 105.00 on Weaker-Than-Expected German Inflation
Crude Oil (WTI) Analysis Crude Oil in 2023: Lower OPEC Supply, China Reopening and the Global Economy Oil prices started 2023 in much the same… Read More »WTI Finding Resistance but Bullish Momentum Remains Intact
KEY POINTS: Recommended by Zain Vawda Get Your Free GBP Forecast Most Read: XAU/USD Forecast: Technical Factors Drive Gold Bulls to 1850 GBP/USD FUNDAMENTAL BACKDROP… Read More »GBP/USD Surrenders the 1.2000 Level as the Dollar Index Roars to Life
GOLD OUTLOOK & ANALYSIS Technical buying steering XAU/USD. U.S. manufacturing PMI in focus today ahead of FOMC. Rising wedge still a factor – candle close… Read More »Technical Factors Drive Gold Bulls to 1850
Japanese Yen, USD/JPY, US Dollar, BoJ, China PMI, Crude Oil, Gold – Talking Points The Japanese Yen sustained support today as the US Dollar slides… Read More »Japanese Yen Springs to Life as Bank of Japan Tightening is in Focus. Lower USD/JPY?
Australian Dollar, AUD/USD, US Dollar, RBA, Fed, China, Momentum – Talking Points Australian Dollar fortunes appear to be tied to the US Dollar vortex to… Read More »Australian Dollar Outlook for 2023 Might Remain US Dollar Dependent Amid Uncertainty
Forex Trading Course Walkthrough Talking Points: This is the tenth of a ten-part series in which we walk through articles from DailyFX Education. The aim… Read More »DailyFX Forex Trading Course Walkthrough: Part Ten
Forex Trading Course Walkthrough Talking Points: This is the ninth of a ten-part series in which we walk through articles from DailyFX Education. The aim… Read More »DailyFX Forex Trading Course Walkthrough: Part Nine
Forex Trading Course Walkthrough Talking Points: This is the eighth of a ten-part series in which we walk through articles from DailyFX Education. The aim… Read More »DailyFX Forex Trading Course Walkthrough: Part Eight
Forex Trading Course Walkthrough Talking Points: This is the seventh of a ten-part series in which we walk through articles from DailyFX Education. The aim… Read More »DailyFX Forex Trading Course Walkthrough: Part Seven
Forex Trading Course Walkthrough Talking Points: This is the sixth of a ten-part series in which we walk through articles from DailyFX Education. The aim… Read More »DailyFX Forex Trading Course Walkthrough: Part Six
Forex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in which we walk through articles from DailyFX Education. The aim… Read More »DailyFX Forex Trading Course Walkthrough: Part Five