2 December 2021 – fonecable

Mexican Peso Outlook: USD/MXN Cascades Lower, but Omicron Poses Upside Risks https://www.dailyfx.com/forex/fundamental/article/fundamentals_vs_technicals/2021/12/02/Mexican-Peso-Outlook-USDMXN-Cascades-Lower-but-Omicron-Poses-Upside-Risks.html USD/MXN has begun to correct lower after its recent bullish burst, but the...

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How to Read a Candlestick Chart

How to Read a Candlestick Chart https://www.dailyfx.com/forex/fundamental/article/special_report/2020/12/07/how-to-read-a-candlestick-chart.html Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Oil Price Defends August Low Even as OPEC Retains Production Schedule

Oil Price Defends August Low Even as OPEC Retains Production Schedule https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/12/02/Oil-Price-Defends-August-Low-Even-as-OPEC-Retains-Production-Schedule.html Failure to test the August low ($61.74) may generate a near-term rebound in...

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FC STERLING

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

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US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, USD/CAD https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/12/02/US-Dollar-Pre-NFP-Price-Action-Setups-EUR-USD-EURUSD-GBP-USD-GBPUSD-USD-CAD-USDCAD.html Tomorrow brings NFP out of the United States and this print can create some volatility...

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USD/JPY Rate Attempts to Defend November Low Ahead of US NFP Report

USD/JPY Rate Attempts to Defend November Low Ahead of US NFP Report https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/12/02/USDJPY-Rate-Attempts-to-Defend-November-Low-Ahead-of-US-NFP-Report.html Fresh data prints coming out of the US may shore up USD/JPY...

Pessimistic on Europe? Try shorting the Swedish crown

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XAU/USD Forecast: Gold Price Extends Decline as Real Yields Tick Higher

XAU/USD Forecast: Gold Price Extends Decline as Real Yields Tick Higher https://www.dailyfx.com/forex/market_alert/2021/12/02/XAUUSD-Forecast-Gold-Price-Extends-Decline-as-Real-Yields-Tick-Higher-WV-LiveEdu.html Gold prices are under pressure after markets reacted to the hawkish comments made...

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EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings

EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings https://www.dailyfx.com/forex/market_alert/2021/12/02/EURUSD-Contained-Ahead-of-NFP-but-Remains-Sensitive-to-HawkishDovish-Narrative-Swings-RS.html EUR/USD looks calmer before Friday’s US employment data but remains susceptible to...

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Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs

Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs https://www.dailyfx.com/forex/market_alert/2021/12/02/Turkish-Lira-Exposed-Stocks-to-Watch-as-Volatility-Reaches-Crisis-Highs.html Turkish Lira volatility at crisis highs. Spain most exposed to Turkey.

Hong Kong’s departing residents withdrew $334 million in pension funds in Q3

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FC STERLING

British Pound (GBP) Price Outlook: GBP/USD Challenging Support

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British Pound (GBP) Price Outlook: GBP/USD Challenging Support https://www.dailyfx.com/forex/market_alert/2021/12/02/British-Pound-GBP-Price-Outlook-GBPUSD-Challenging-Support.html Unease in the financial markets over the spread of the Omicron variant of Covid-19 and a...

Dollar Stable as Traders Digest Omicron News; Rand, Aussie Dollar Hit

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How to Trade Forex News: An Introduction  

How to Trade Forex News: An Introduction   https://www.dailyfx.com/forex/fundamental/article/special_report/2021/02/23/how-to-trade-forex-news.html Find out the essentials of trading the news with this introductory guide to forex news trading

Short bets on Asian FX rise as Omicron uncertainty grips markets: Reuters poll

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FC JPY

Japanese Yen Caught Out on Fed Hawkishness and Omicron. Will USD/JPY Break?

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Japanese Yen Caught Out on Fed Hawkishness and Omicron. Will USD/JPY Break? https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/12/02/Japanese-Yen-Caught-Out-on-Fed-Hawkishness-and-Omicron.-Will-USDJPY-Break.html The Japanese Yen underperformed today as the US Dollar made some ground...

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Crude Oil Price Outlook Turns to OPEC+ Meeting as Omicron Variant Threatens Demand

Crude Oil Price Outlook Turns to OPEC+ Meeting as Omicron Variant Threatens Demand https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/12/02/Crude-Oil-Price-Outlook-Turns-to-OPEC-Meeting-as-Omicron-Variant-Threatens-Demand.html WTI crude oil prices are eyeing the OPEC+ meeting as the...

Turkish Lira Heads Lower After Erdogan Fires Finance Minister

FC JPY

Dollar Down, Yen Near Seven-Week High as Omicron Continues to Spread

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Gold Prices Weighed Down on Falling Breakeven Rates as NFP Report Approaches