DailyFX

DailyFX


Follow our forex trading news, currency forecasts, analysis,education, and strategy. Risk Disclosure: http://t.co/3gagQkNQAw

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GBP/USD largely ignored a very poor set of UK borrowing, debt and inflation data early Wednesday. Get your $GBPUSD market update from @MartinSEssex  here:

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The Spinning Top candlestick pattern forms part of the vast Japanese candlestick repertoire with its own distinct features. Gain a better understanding of the spinning top candlestick here:

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Myth or fact? One thing is for sure, there are a lot of misconceptions about trading. Knowing the difference between common trading myths and the reality is essential to long-term success. Find out about these 'myths' here:

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The US dollar continues to leak lower and the dollar basket (DXY) is now below a noted short-term support level around 93.00. What does this mean for $USDJPY? Find out from @nickcawley1  here:

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Brexit talks are set to resume, a headline that shouldn’t be a surprise to many given the renewed optimism, but enough to give the Pound an added push towards session highs. Get your $GBPUSD market update from @JMcQueenFX  here:

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The US Dollar Index (DXY) is currently working on a short-term lower-low to a new monthly low. Get your $USD technical analysis from @PaulRobinsonFX  here:

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The USD/MXN has broken below a key pivot zone but the follow-though looks a bit tired here. Get your $USDMXN market update from @MBForex  here:

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Gold prices have been in digestion mode for two-and-a-half months, coming in stark contrast to the bullish mania that drove prices from mid-June and through July. Get your $XAUUSD market update from @JStanleyFX  here:

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Earnings season has begun and the Dow Jones will await reports from some of its key components. Get your #equities  market update from @Peter_Hanks1  here:

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Are you trading #commodities  globally? How are you keeping a track of the live prices? Get your live updates here: #CommoditieswithDailyFX 

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There’s a strong correlation between interest rates and forex trading. Forex is ruled by many variables, but the interest rate of the currency is the fundamental factor that prevails above them all. Learn how interest rates impact currency markets here:

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As the #Brexit  saga continues, so too does the complexity of the terminology surrounding the UK’s stated mission to leave the EU. What are some jargon and words you should be aware of? Find out from @nickcawley1  here:

The British Pound may come under intense selling pressure as the EU and UK remain divided over Brexit as President Donald Trump fights of the coronavirus. Get your $GBP market update from @ZabelinDimitri  here:

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