Technical Analysis AUDUSD: Potential upside momentum as price threatens to snap 3-day decline Posted onNovember 9, 2023 The AUDUSD moved higher at the start of November, with some of the run-up on the “risk-on” flow helped by higher US stocks. More recently, …
Central Banks Fed’s Barkin: US economy is ‘remarkably healthy’ Posted onNovember 9, 2023 Whether more is needed from the Fed remains to be seen We are making real progress on inflation The job isn’t done, inflation remains too …
Trading Education Introduction to Basic Trendline Analysis Posted onNovember 9, 2023 Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal. Source
Trading Education The European Central Bank: A Forex Trader’s Guide Posted onNovember 9, 2023 Find out how the ECB’s interest rate expectations can affect the value of the euro. Source
Trading Education Top 10 Trading Myths: Guest Commentary Posted onNovember 9, 2023 Knowing the difference between common trading myths and reality is essential to long-term success. Source
Technical Analysis USDCAD struggles to maintain bullish technical momentum. A deep dive into the USDCAD pair. Posted onNovember 9, 2023 The USDCAD on the daily chart, moved up to test the low of the swing area near 1.38045. The move higher earlier this week was …
Trading Education DailyFX Forex Trading Course Walkthrough: Part Two Posted onNovember 9, 2023 What fundamental factor is a primary driver of FX prices? In this second installment in our 10-part series, we shift the focus to an important …
Trading Education Exponential Moving Average (EMA) Defined and Explained Posted onNovember 9, 2023 Learn more about the exponential moving average-a derivative of the standard moving average and a great technical indicator Source
Central Banks Fed’s Bostic: We will remain restrictive until we’re sure about 2% inflation Posted onNovember 9, 2023 If you take Fed officials at their word, the obvious trade is to wait for risk assets to sink in 2024 because the Fed will …
Central Banks Economist poll now sees the Bank of England cutting rates in Q3 2024 Posted onNovember 9, 2023 Reuters is out with a poll of UK economists and they now see a soon start to the BOE rate cutting cycle. The next BOE …
Technical Analysis NZDUSD Holds Support, Buyers Attempt to Take Control Above Moving Averages Posted onNovember 9, 2023 The NZDUSD has moved lower over the last 3 trading days in the process retested at the high of a swing area on the daily …