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Crude Oil Price Rebound Unravels After Testing 50-Day SMA

Posted by By 01/09/2022Posted inForex
The price of oil may continue to give back the advance from the monthly low ($85.73) as it appears to be reversing course after testing the 50-Day SMA ($96.34).
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AUD/USD Probes Fresh Multi-Month Lows to Kick Off September Trading

Posted by By 31/08/2022Posted inForex
The Australian Dollar is moving lower against the US Dollar after US stocks fell for a fourth session. China's Caixin PMI data is in focus after Australian PMI data declined…
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USD/JPY Rate Approaches Yearly High Ahead of NFP Report

Posted by By 31/08/2022Posted inForex
Data prints coming out of the US may keep USD/JPY afloat as the Non-Farm Payrolls (NFP) report is expected to show a further improvement in the labor market.
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S&P 500, Nasdaq and Dow Extend Losses as Bears Remain at the Driver’s Seat

Posted by By 31/08/2022Posted inForex
US Indices ended today’s session and the month of August in negative territory in an environment of low liquidity and rising interest rates
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Gold Price Forecast: Real Yields Up is Bad News – Levels for XAU/USD

Posted by By 31/08/2022Posted inForex
Gold prices are struggling again as interest rates go up.
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EUR/USD Still Vulnerable, but Natural Gas Pullback Could Offer Near-Term Respite

Posted by By 31/08/2022Posted inForex
Although the euro's fundamentals remain weak, the common currency could extend its recovery if natural gas prices continue to correct lower, and traders start pricing more aggressive ECB tightening.
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S&P 500 Fails at 50-Day Moving Average in Choppy Session for Equities

Posted by By 31/08/2022Posted inForex
Equities chop around as major indices fail at key technical hurdles.
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British Pound Technical Forecast: GBP/USD Plunge Eyes 1.15

Posted by By 31/08/2022Posted inForex
Sterling is poised for a third weekly sell-off with a monthly decline of nearly 5% approaching the 2020 lows. Levels that matter on the GBP/USD weekly technical chart.
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3 Key Trading Lessons From Top Women Traders

Posted by By 31/08/2022Posted 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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Bitcoin Price Forecast: BTC/USD Back Above $20,000 – Risk Assets Gain

Posted by By 31/08/2022Posted inForex
Bitcoin, Ethereum and tech stocks have been granted temporary relief after another sharp decline. Key technical levels remain intact.
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