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Gold Price Defends Yearly Low to Keep RSI Out of Oversold Territory

Posted by By 07/09/2022Posted inForex
The price of gold may bounce back towards the 50-Day SMA ($1747) as the Relative Strength Index (RSI) reverses ahead of oversold territory.
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S&P 500, Nasdaq, Dow Rally, Snapping Several Days of Losses

Posted by By 07/09/2022Posted inForex
U.S. equity indices surge on Wednesday, ending a long streak of losses triggered by economic slowdown worries.
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Japanese Yen Technical Forecast: USD/JPY Breakout Flies to 24yr Highs

Posted by By 07/09/2022Posted inForex
The Dollar breakout surged more than 25% against the Japanese Yen year-to-date with USD/JPY now eyeing the 1998 highs. Levels that matter on the weekly technical chart.
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Beige Book Confirms Economic Slowdown and Persistent Inflation

Posted by By 07/09/2022Posted inForex
Beige Book Confirms Economic Slowdown and Persistent Inflation
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Bitcoin Breaks Below Another Big Zone of Support – What Next for BTC?

Posted by By 07/09/2022Posted inForex
Bitcoin prices have fallen below critical support that held as resistance in 2017. A break of the bear flag combined with a retest of the June low brings additional levels…
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Euro Forecast: Can the ECB Stop the Slide? Setups for EUR/GBP, EUR/JPY, EUR/USD

Posted by By 07/09/2022Posted inForex
All eyes are on the European Central Bank rate decision on Thursday.
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3 Key Tips For Trading Cryptocurrencies For Beginners

Posted by By 07/09/2022Posted inForex
Interest in crypto has exploded in popularity over the last few years. With digital assets that range in value from a few pennies to tens of thousands of dollars, the…
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British Pound Teeters on Brink of Bear Market as GBP/USD Threatens Support Breakout

Posted by By 07/09/2022Posted inForex
The British pound maintains a negative outlook and is inching closer to a bear market, undermined by the UK energy crisis and broad-based US dollar strength.
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3 Key Trading Lessons From Top Women Traders

Posted by By 07/09/2022Posted inForex
The future of finance is in women traders. Here are Daily FX’s top 3 tips for female traders who are interested in getting started or growing their investments. For more…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted by By 07/09/2022Posted inForex
The US Dollar has continued to breakout, helped along by breakdowns in the British Pound and the Japanese Yen. The Euro is on the hot seat tomorrow for the ECB…
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