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USD/JPY Update: BoJ and Fed Chair Powell’s Comments Form Perfect Cocktail for Yen Gains

USD/JPY Update: BoJ and Fed Chair Powell’s Comments Form Perfect Cocktail for Yen Gains

USD/JPY picked up steam yesterday as the dollar index recorded its worst month of losses in 12 years. Further downside ahead or time for a retracement...
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Euro (EUR) Latest: EUR/USD Set For Further Gains After Fed Powell’s Dovish Nudge

Euro (EUR) Latest: EUR/USD Set For Further Gains After Fed Powell’s Dovish Nudge

Fed chair Jerome Powell yesterday indicated that the Fed is set to reduce the size of future rate hikes although he reiterated that rates may need to ...
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How to Learn Technical Analysis with DailyFX

How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more…...
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AUD/USD Forecast: Aussie Feeds Off Risk-On Sentiment Fueled by China and Fed

AUD/USD Forecast: Aussie Feeds Off Risk-On Sentiment Fueled by China and Fed

The Australian dollar pushed higher on the back of a weaker USD and an improving Chinese COVID situation leaving AUD/USD above 0.68....
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Japanese Yen Leaps as US Dollar Sinks Post Powell. Is the Peak in Place for USD/JPY?

Japanese Yen Leaps as US Dollar Sinks Post Powell. Is the Peak in Place for USD/JPY?

The Japanese Yen continued higher after US Dollar today as the market has deciphered Fed Chair Powell’s comments are not as hawkish as had been fear...
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S&P 500 Breaks Tight Range and Overtakes 200-Day Moving Average, Inflation and NFPs Ahead

S&P 500 Breaks Tight Range and Overtakes 200-Day Moving Average, Inflation and NFPs Ahead

With less than two weeks to go until the last FOMC rate decision of the year, Fed Chairman Jerome Powell addressed the markets with remarks to suggest...
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US Dollar Sails South as Powell Puts the Fed Case Forward. How Low Can USD Go?

US Dollar Sails South as Powell Puts the Fed Case Forward. How Low Can USD Go?

The US Dollar was smashed after hawkish comments by Federal Reserve Chair Jerome Powell overnight were interpreted as a dovish tilt by markets. Will r...
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How to Trade with the Relative Strength Index (RSI)

How to Trade with the Relative Strength Index (RSI)

The Relative Strength Index (RSI) is a popular technical indicator used to identify over-bought or over-sold conditions. Learn how to trade with RSI....
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Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data

Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data

Crude oil prices charged higher for a third straight session, further setting the 76 support level established by the 61.8 percent Fibonacci level of ...
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