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DailyForex was established out of a strong need for a Forex website that provides all the necessary information to become a successful Forex trader. DailyForex.com provides in-depth reviews of current Forex brokers, signal providers, online and offline Forex courses, as well as Forex products. We ...more

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GBP/USD Signal: Neutral Outlook But A Bearish Breakdown Is Possible
Neutral but leaning bearish. Selling potential at 1.2500, buying at 1.2700. Watch for Fed minutes, with analysts bullish on Sterling's future.
BTC/USD Signal: Bitcoin Price Is Positive As A Bullish Pennant Forms
Bullish with a pennant formation aiming for $55,000. Buy with stop-loss at $49,145. Focus on Fed minutes, ETF inflows impacting Bitcoin.
XAU/USD Gold Price Analysis: Prices May Rebound
Prices may rebound from $1985 support. Focus on geopolitical tensions and central banks' gold buying, with resistance at $2030.
BTC/USD Signal: Bitcoin Consolidates But A Breakout Is Possible
Bitcoin consolidates around 52,000, eyeing breakout. Bullish view targets 53,000; bearish at 51,500. Influenced by ETF inflows and upcoming halving event, watch for potential surge.
GBP/USD Weekly Forecast: Mixed Data And A Wickedly Fast, Dangerous Range
Those who traded the GBP/USD currency pair over the past week likely had their emotional fortitude tested, as dynamic price velocity created havoc with swift, choppy reversals.
Weekly Forex Forecast – Nasdaq 100 Index, S&P 500 Index, Bitcoin, GBP/USD, USD/JPY, NZD/JPY, Cocoa
Last week saw chances of a US rate hike at the next Fed meeting continuing to decline, boosting the US dollar. Major US stock indices also fell upon stronger-than-expected US CPI data.
WTI Crude Oil Weekly Forecast: Speculative Values Remain Near Mid-Term Highs
WTI Crude Oil went into the weekend slightly below the highs it achieved during the week of trading, this as the commodity showed durable support and the ability to reverse upwards.
EUR/USD Analysis: Euro Tries To Stop Its Losses
Euro's continued weakness towards 1.0695 support amid strong US dollar and shifting rate expectations. Technical indicators point to potential deeper declines, with market focus on upcoming US retail sales data and unemployment claims.
Forex Today: UK In Recession
UK GDP data released earlier today showed a 0.3% decline in gross domestic product over the past quarter, with the monthly slightly better than the fall of 0.2% which was widely expected.
BTC/USD Signal: Bitcoin’s Path Of Least Resistance Is Higher
Bitcoin's bullish path with trading strategies for rising trends. Insight into significant ETF inflows, gold's outflows, halving event anticipation, and detailed technical analysis including resistance levels, RSI, and ADX indicators.
USD/CAD Analysis: After The Rocket Launch Higher, Near-Term Thoughts
The USD/CAD has found some tranquility in the past few hours after yesterday’s surge higher when U.S inflation numbers propelled the currency pair upwards.
XAUUSD Gold Price Analysis: Gold Turns Bearish As The Dollar Strengthens
Gold prices drop below $2,000 due to a robust US dollar and unexpected inflation data, impacting market trends and forecasts. Key insights on gold's struggle amid rising Treasury yields and the dollar's strongest start in a decade.
EUR/USD Signal: Breaks Below The Bearish Flag Pattern
Break below bearish flag pattern, eyeing 1.0650 amid rising US dollar index and high inflation data. Key focus on Fed's rate decision response, with technicals indicating further potential decline.
EUR/USD Analysis: Bear Control Continues
Persistent bearish trend with key support at 1.0723. Awaiting US CPI data, potential shift towards 1.09 resistance if inflation underwhelms, while central bank policies continue to influence market dynamics.
XAU/USD Gold Price Analysis: Movement In Narrow Ranges Heralds An Upcoming Strong Movement
Current narrow ranges signal potential strong movement. Influences include US inflation, UK economic data, and geopolitical tensions, with focus on key levels at $2023, $2000, and $1985 per ounce.
AUD/USD Signal: Bullish Outlook Ahead Of US Inflation Data
Bullish outlook as pair reaches 0.6540 ahead of US inflation data. Focus on commodity prices and wage growth, with technical analysis suggesting a potential rise to 0.6620.
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