Moving Average (MA) Explained for Traders
The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.
USD/CAD Bullish Price Series Intact Ahead of Canada Retail Sales
USD/CAD may stage a larger rebound going into Canada’s Retail Sales report as the series of higher highs and lows from earlier this week remains intact.
British Pound (GBP/USD) Analysis: Bearish Engulfing Denies Retest of Yearly High
The British Pound sold off slightly vs the US dollar as a bearish engulfing candle denies test of previous yearly high
Bitcoin (BTC), Ethereum (ETH) Rally Remains Brittle, Volatility at Extreme Levels
Wednesday’s cryptocurrency crash is being tempered today with the market well above yesterday’s sell-off lows, but volatility is stuck at acute levels
US Dollar Jump on FOMC Faded, EUR/USD Recovers
FOMC prompts brief USD bid, Euro reclaims 1.22 as bull aim for recent high.
Crude Oil Price Drop May Continue on Inflation Impact Fears
Crude oil prices may continue to fall amid growing concerns about a sticky inflationary upshift that forces the Fed to pull back on stimulus sooner than expected.
Gold Price Forecast: Bitcoin Weakness Fueling XAU/USD Strength?
Gold is trending higher despite the FOMC-induced pickup in Treasury yields. Moreover, speculation continues to brew that Bitcoin weakness may be bolstering the yellow metal.
Australian Dollar Analysis: AUD/USD Gyrates Following Mixed Jobs Data
AUD/USD is mixed following Thursday’s employment report and a wave of risk-off pressure emanating from Wednesday’s release of FOMC minutes.
S&P 500 Slides on Fed Tapering Hints, Hang Seng and ASX 200 Open Mixed
The S&P 500 index fell for a third day as the FOMC minutes spooked fears about tapering debates. The US Dollar gained while Bitcoin had a volatile session. The Hang Seng and ASX 200 indexes trade c...
Dow Jones Marches Lower After FOMC Minutes, Sentiment Turns to AU Jobs Report
The Dow Jones extended losses seen earlier in the week following the FOMC Minutes. Market sentiment looks at tonight's Australian jobs report.