2 August 2021 – fonecable

AUD/USD Price Outlook: Australian Dollar Awaits RBA Decision https://www.dailyfx.com/forex/market_alert/2021/08/02/audusd-price-outlook-australian-dollar-awaits-rba-decision.html AUD/USD price action advanced a mere 16-pips on Monday as the Australian Dollar awaits the upcoming...

Read Time:14 Second

Introduction to Pitchfork Analysis & Median Line Trading

Introduction to Pitchfork Analysis & Median Line Trading https://www.dailyfx.com/forex/fundamental/article/special_report/2021/03/05/pitchfork-analysis-and-median-line-trading.html Find out how parallels of these trend lines can be utilized to give structure to a...

Read Time:16 Second

FC JPY

USD/JPY Under Pressure Following Comments from Fed's Waller

USD/JPY Under Pressure Following Comments from Fed's Waller https://www.dailyfx.com/forex/market_alert/2021/08/02/USDJPY-Under-Pressure-Following-Comments-from-Feds-Waller.html USD/JPY remains under pressure following hawkish comments from Christopher Waller of the Federal Reserve. Delta variant,...

Read Time:21 Second

Mexican Peso Outlook: Growing Delta-Variant Fears Could Propel USD/MXN Higher

Mexican Peso Outlook: Growing Delta-Variant Fears Could Propel USD/MXN Higher https://www.dailyfx.com/forex/fundamental/article/drivers_of_price_action/2021/08/02/Mexican-Peso-Outlook-Growing-Delta-Variant-Fears-Could-Propel-USDMXN-Higher.html The Mexican peso has largely traded with a positive bias against the dollar since...

Read Time:13 Second

NFP and Forex: What is NFP and How to Trade It?

NFP and Forex: What is NFP and How to Trade It? https://www.dailyfx.com/forex/fundamental/article/special_report/2020/12/01/nfp-and-forex-trading.html Non-farm payroll figures are highly anticipated by forex traders. Find out how they...

Read Time:22 Second

FC STERLING

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/08/02/US-Dollar-Price-Action-Setups-USD-EURUSD-EUR-USD-GBPUSD-GBP-USD-USDCAD-USD-CAD-Loonie-Levels.html Last week’s FOMC put even more emphasis on this week’s NFP. With the USD hanging in...

Read Time:22 Second

FC JPY

USD/JPY Eyes July Low with US Yields Under Pressure Ahead of NFP Report

USD/JPY Eyes July Low with US Yields Under Pressure Ahead of NFP Report https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/08/02/USDJPY-Eyes-July-Low-with-US-Yields-Under-Pressure-Ahead-of-NFP-Report.html USD/JPY appears to be on track to test the July low...

Read Time:19 Second

USD/CAD Outlook Hinges on US & Canada Employment Reports

USD/CAD Outlook Hinges on US & Canada Employment Reports https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/08/02/USDCAD-Outlook-Hinges-on-US-Canada-Employment-Reports.html USD/CAD may consolidate ahead of the employment reports due out of the US and Canada...

Read Time:16 Second

Nasdaq Fluctuates Following Rosy ISM Manufacturing Report

Nasdaq Fluctuates Following Rosy ISM Manufacturing Report https://www.dailyfx.com/forex/market_alert/2021/08/02/nasdaq-fluctuates-following-rosy-ism-manufacturing-report.html Stocks gapped higher at opening bell on Wall Street, but the Nasdaq receded slightly following a solid...

Read Time:21 Second

USD/ZAR Outlook: Strong Open For South African Rand Ahead of U.S. PMI

USD/ZAR Outlook: Strong Open For South African Rand Ahead of U.S. PMI https://www.dailyfx.com/forex/market_alert/2021/08/02/USDZAR-Outlook-Strong-Open-For-South-African-Rand-Ahead-of-US-PMI-WV-LiveEdu.html The rand is attempting to regain its title as the leading Emerging...

Read Time:12 Second

How Central Banks Impact the Forex Market

How Central Banks Impact the Forex Market https://www.dailyfx.com/forex/fundamental/article/special_report/2021/04/28/how-central-banks-impact-forex.html Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

Read Time:13 Second

Australian Dollar Forecast: RBA Sticking to QE Taper Can Lift AUD/USD

Australian Dollar Forecast: RBA Sticking to QE Taper Can Lift AUD/USD https://www.dailyfx.com/forex/market_alert/2021/08/02/Australian-Dollar-Forecast-RBA-Sticking-to-QE-Taper-Can-Lift-AUDUSD.html RBA may stick to the script despite widespread lockdown measures

Read Time:12 Second

Top 8 Forex Trading Strategies and their Pros and Cons

Top 8 Forex Trading Strategies and their Pros and Cons https://www.dailyfx.com/forex/fundamental/article/special_report/2021/02/17/top-forex-trading-strategies.html Compare the pros and cons of different forex strategies, from day trading to position...

Read Time:16 Second

Cryptocurrencies Trim Weekend Gains, Ethereum (ETH) Outperformance Continues

Cryptocurrencies Trim Weekend Gains, Ethereum (ETH) Outperformance Continues https://www.dailyfx.com/forex/market_alert/2021/08/02/Cryptocurrencies-Trim-Weekend-Gains-Ethereum-ETH-Outperformance-Continues.html The crypto market enjoyed a positive weekend with a range of coins seeing a decent move...

Read Time:21 Second

FC STERLING

GBP/USD Nudging Higher Towards 1.40 as FTSE 100 Builds Strong Momentum Ahead of BoE

GBP/USD Nudging Higher Towards 1.40 as FTSE 100 Builds Strong Momentum Ahead of BoE https://www.dailyfx.com/forex/market_alert/2021/08/02/GBPUSD-Nudging-Higher-Towards-1.40-as-FTSE-100-Builds-Strong-Momentum-Ahead-of-BoE-.html End of month flows saw GBP/USD struggling to keep momentum...

Read Time:9 Second

Crude Oil Prices Drop After Weaker China PMI, Viral Resurgence

Crude Oil Prices Drop After Weaker China PMI, Viral Resurgence https://www.dailyfx.com/forex/market_alert/2021/08/02/Crude-Oil-Prices-Drop-After-Weaker-China-PMI-Viral-Resurgence.html

Read Time:13 Second

Copper Trading: Copper Trading Tips and Strategies

Copper Trading: Copper Trading Tips and Strategies https://www.dailyfx.com/forex/fundamental/article/special_report/2021/02/25/commodities-copper-trading-tips-strategies.html Copper may not be the world’s most popular metal but it certainly is one of the more...

Read Time:9 Second

Gold Prices Risk Forming a “Double Top” Despite Yields Drop

Gold Prices Risk Forming a “Double Top” Despite Yields Drop https://www.dailyfx.com/forex/market_alert/2021/08/02/Gold-Prices-Risk-Forming-a-Double-Top-Despite-Yields-Drop.html

Read Time:22 Second

US Dollar Outlook: SGD, THB, IDR, PHP May Benefit on Slowing Covid Growth, Soft NFPs