Euro Outlook: EUR/USD Consolidating with GDP, Inflation Data on Tap

The Euro may regain lost ground against the US Dollar, as better-than-expected economic data suggests that the trading bloc’s economy weathered a second viral wave resiliently.

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Gold, Silver Price Outlook: Is the Retail-Driven Rally Sustainable?

A 6% gap up in silver prices on Monday led market to question the sustainability of the rally, which appeared to be driven by the spillover effect of the recent Reddit day-trader frenzy.

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S&P 500, Hang Seng, ASX 200 Outlook: More Rainy Days Ahead?

Asia-Pacific equities are poised for a sour start after 93% of S&P 500 companies closed lower on Friday. For the week ahead, GME-linked volatility, nonfarm payrolls data and Q4 earnings reports wil...

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Silver Price Surges as Reddit Group WallStreetBets Fuels Buying Spree

Silver surged over 7% to kick-off a fresh week of trade, as Reddit forum r/wallstreetbets intensifies calls for a short-squeeze of epic proportions.

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Markets Week Ahead: Gold, Dow, Euro-Area GDP, NFPs, BoE & RBA Eyed

Markets gyrated wildly this past week as traders reacted to a barrage of headlines ranging from central bank commentary to GameStop stock price volatility. What's in store for the week ahead?

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Stock Market Forecast for the Week Ahead: Will the Mania Continue?

US indices were thrown into disarray last week as an army of retail traders poured into stocks with heavy short interest like GameStop. What makes for an intriguing story is also immensely risky fo...

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Euro Forecast: EUR/USD to Shrug Off Any Hints of an ECB Interest Rate Cut

Nobody is seriously expecting the ECB to cut Eurozone interest rates any time soon. It appears keen to persuade the markets that a reduction is possible but there’s little chance EUR/USD will react.

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Gold Price Forecast: Is Gold at Risk From a US Dollar Turning Point?

Gold prices consolidating, however, US Dollar may present a risk.

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US Dollar Forecast: Where to After GameStop Short-Squeeze Rattled Markets?

The US Dollar may remain in a consolidative state as fundamental risks, such as fiscal stimulus bets, non-farm payrolls and “short-squeezing”, threaten broader stock market sentiment.

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Crude Oil Forecast: Backwardation Hints at Gains with OPEC JMMC on Tap

Crude oil prices may continue to push higher ahead of OPEC’s JMMC meeting, on the back of futures curve backwardation, vaccination progress and a notable decline in global cases of Covid-19.

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AUD/USD Rate Outlook Hinges on February 2021 RBA Rate Decision

The Reserve Bank of Australia (RBA) interest rate decision may fuel the recent rebound in AUD/USD if the central bank retains the current course for monetary policy.

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South African Rand Price Action Setups: USD/ZAR, GBP/ZAR

Economic and political uncertainty continues to weigh on the South African Rand.

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US Recession Watch, January 2021 - Slowing Growth Evident as Calendar Turns

Although US Treasury yields have risen in recent weeks, 4Q’20 growth expectations have slid. A double dip recession may or may not be avoided.

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British Pound Price Action Setups: GBP/USD, GBP/JPY

GBP marches towards potentially key levels in GBP/USD and GBP/JPY.

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British Pound Outlook: Bank of England and Covid-19 will Drive GBP Price Action

The latest Bank of England (BoE) monetary policy decision will be the main focus for Sterling traders, but covid-19 stats and the EU/UK vaccination dust-up will also move GBP next week

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Gold Price Forecast: Bullion to Track Rise in US Treasury Yields

The price of gold may continue to retrace the decline from the monthly high ($1959) as bullion largely tracks the rebound in longer-dated US Treasury yields.

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Bitcoin Price Forecast: Will Retail Traders Pile into Bitcoin Next?

Bitcoin bounced off support as other speculative favorites like GameStop, AMC and BlackBerry suffer staggering losses following invention from brokerages. Will Bitcoin benefit from the current clim...

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USD/JPY and GBP/JPY Outlooks - Strong Trends But Overbought Signals are Flashing

The Japanese Yen remains weak against the US dollar and Sterling and this trend may continue despite market conditions looking overbought.

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Key Risks for February: Bank of England and RBNZ Decisions in Focus

Bank of England to provide update on negative rates, while RBNZ could offer a surprise.

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Euro Forecast: EUR/USD Upside Capped, Germany Avoids Q4 Contraction

German GDP beats analyst estimates, while ECB steps up Euro jawboning.

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BTC/USD Price Forecast: Bitcoin Looking Vulnerable Before Elon Musk Stepped In

Bitcoin breaks above significance resistance as Elon Musk signals his support for the cryptocurrency

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Canadian Dollar Outlook: USD/CAD to Push Higher as Risk Appetite Fades

The Canadian Dollar may continue to come under pressure against the Greenback as risk appetite notably fades. However, falling coronavirus case numbers may ultimately limit CAD’s downside.

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Gold Prices May Fall as Market Rout Resumes, Boosting US Dollar

Gold prices may succumb to selling pressure if a broad-based market selloff resumes, boosting haven demand for the US Dollar. Upbeat PCE inflation data might encourage weakness.

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S&P 500 May Lead Hang Seng, ASX 200 Higher Amid Reddit Stock Frenzy

The S&P 500, Dow Jones and Nasdaq 100 indices rebounded on Thursday as several brokerage platforms restricted buying in GameStop and AMC to cool retail speculation. Asia-Pacific equities may follow...

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AUD/JPY, AUD/NZD Turn Higher on Wall Street Optimism

US equity markets bounced back on Thursday after a sharp selloff the day prior. Asia-Pacific trading is set to extend higher, with the Australian Dollar benefiting, but potential headwinds may be o...

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Bitcoin Price Forecast: Will Retail Traders Pile into Bitcoin Next?

Bitcoin bounced off support as other speculative favorites like GameStop, AMC and BlackBerry suffer staggering losses following invention from brokerages. Will Bitcoin benefit from the current clim...

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AUD/USD Outlook Mired by Failure to Retain Monthly Opening Range

Failure to retain the opening range for January may lead to a larger correction in AUD/USD as the RSI continues to track the downward trend established earlier this year.

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Silver Price Outlook: XAG/USD Breaks Out, Can Bulls Drive Rally?

Silver price put in a strong breakout this morning, even as Gold prices remain somewhat subdued. Are Silver markets nearing a more significant breakout?

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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USD/CAD Susceptible to Larger Correction as RSI Divergence Persists

USD/CAD may stage a larger correction over the remainder of the month as the RSI continues to diverge with price and tracks the upward trend from December.

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US Dollar, Gold, Silver Price Action - US Q4 GDP Matches Expectations

The first look at US GDP in Q4 saw an increase of 4%, confirmation a 2020 3.5% contraction

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VIX Fear Gauge Hits a Three-Month High, GameStock and AMC Fire Up Volatility

The VIX fear gauge jumped yesterday to its highest level since late October, before drifting lower today, as reddit retail traders pumped volatility on Wall Street

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DAX 30 Pressured to the Downside as Volatility Becomes an Issue

European equities open lower as they continue the sell-off from yesterday

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US Dollar Aims Higher as Liquidation Sweeps Global Stock Markets

The US Dollar is aiming higher as liquidation continues across global stock markets, boosting demand for the world’s most liquid form of cash.

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British Pound (GBP) Latest: GBP/USD Under Downside Pressure, Support Tested

GBP/USD is again testing support at a trendline that marks the lower boundary of a rising channel in place since January 11. If it breaks through, the near-term outlook will turn bearish.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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Crude Oil, Gold Prices at the Mercy of Risk Trends Ahead of US GDP Data

Crude oil and gold prices are at the mercy of risk trends following the worst day on Wall Street in about 3 months. Will fourth-quarter US GDP data bring back calm into the markets?

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IBEX 35 Forecast: Coronavirus, IMF Outlook Paint Bleak Picture for Spain

Spanish equities continued their sluggish start to 2021, as Covid fears and slow vaccination rollouts preempted a broader sell-off of risk assets across continental Europe.

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Natural Gas Rallies on Colder Temperature Outlook, EIA Report in Focus

Natural gas prices rallied on a colder US temperature outlook, with prices breaching above a key technical level. The EIA weekly storage report may decide where prices go next.

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S&P 500 Leads Nikkei 225, ASX 200 Lower as Volatility Spikes

All three major US indices tumbled on Wednesday as short squeezes in GameStop and AMC Entertainment appeared to have triggered broad selling on Wall Street. Apple and Facebook earnings beat expecta...

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NZD/USD, AUD/USD, USD/CAD Waver to FOMC-Induced Greenback Rally

US Dollar strength continued after the Federal Reserve interest rate decision, sinking risk-sensitive currencies like the New Zealand Dollar as traders reassessed market conditions.

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US Dollar Outlook: EUR/USD Under Pressure as Volatility Ramps

EUR/USD price action edged notably lower on Wednesday amid broad-based US Dollar strength as volatility spiked and Fed Chair Powell cautioned markets about a slowing economic recovery.

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Nasdaq 100 Forecast: Bears Battle Retail Traders as Tech Earnings Arrive

Despite a Fed meeting and earnings from some of the market’s largest companies, the finance world was glued to a few single-name stocks that continue to soar. Still, broader sentiment has deteriora...

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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Oil Price Reverses Ahead of Weekly Low as US Crude Inventories Fall

The price of oil bounces back ahead of the weekly low ($51.82) as fresh data prints coming out of the US show an unexpected contraction in crude inventories.

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Gold Price, Dow, DXY React to January 2021 Fed Rate Decision

The Federal Reserve just released its January 2021 monetary policy update. How is the latest Fed announcement weighing on gold, the Dow Jones, and US Dollar?

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Bitcoin (BTC) Bulls Bid Support, Refuse to Surrender

Bitcoin (BTC) prices continue to consolidate as price action highlights a crucial zone

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Canadian Dollar Price Outlook: USD/CAD Breaks Out Ahead of the Fed

USD/CAD pushed up to a fresh two-week-high ahead of the Federal Reserve rate decision - can bulls continue to push?

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Gold Price Remains Vulnerable as US Treasury Yields Continue to Fall

The price of gold may continue to give back the rebound from the monthly low ($1803) as long as the weakness in longer-dated US Treasury yields persists.

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ECB Elevates Currency War Risks, Retail Traders Claim Short Squeeze Victory - US Market Open

Euro talked down by ECB, US Dollar tracking higher, AUD fails to find inflation lift.

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Sentiment Snapshot (UK): FTSE, GBP/USD, GBP/JPY

This report covers recent price action (UK) in the context of retail client positioning for IG and tends to focus on trending markets or extremely one-sided sentiment

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Crude Oil Price Grinding Back to Multi-Month High on Positive Fundamentals

Brent crude continues to nudge higher, helped by news that Iraq will trim production over the next two months

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US Dollar May Firm on FOMC, Retail Mania Presents a Short Term Risk

FOMC to maintain current policy, focus shifts to Chair Powell’s speech. Retail mania presents a short-term risk

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USD/INR: Indian Rupee Robust After IMF Double Digit Growth Forecast

Indian Rupee has remained resilient this week despite a push back from the U.S. Dollar but will upcoming U.S. announcements derail the downward momentum?

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British Pound (GBP) Latest: GBP/USD Highest Since May 2018, Uptrend Intact

The long-term trend higher in GBP/USD suggests further gains for the pair even after it hit its highest level in almost three years.

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US Dollar Outlook: DXY Forms Head and Shoulders Pattern Ahead of FOMC

The US Dollar Index (DXY) is at risk of extending its recent slide lower as prices carve out a bearish Head and Shoulders pattern ahead of the FOMC interest rate decision.

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Gold, Crude Oil Outlook: Will FOMC Meeting Catalyze Price Volatility?

Gold prices traded lower while crude oil prices edged higher ahead of the January FOMC meeting, where investors are looking for the Fed’s take on recent economic developments and future monetary po...

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US Dollar Forecast: Stuck Between Treasuries, Equities as Emerging Markets Push On

Will the US Dollar fall versus the Singapore Dollar, Taiwanese Dollar and Philippine Peso if a fiscal stimulus delay pressures Treasury yields? The Fed and earnings may keep risk appetite intact.

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Copper Forecast: US Stimulus and Chinese Recovery Key Price Drivers

Copper prices are easing this week after a major producer downgraded its sales volume forecast. Price action is likely dependent on Chinese demand and US Stimulus in coming weeks.

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Nasdaq Poised to Rise with Hang Seng, ASX 200. Apple Earnings in Focus

Nasdaq 100 index futures are climbing afterhours as traders await earnings from Apple and Facebook. Asia-Pacific stocks look set to rebound from Tuesday’s losses. The US Dollar retreated.

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AUD/USD May Rise if Australian Inflation Data Impresses, FOMC in Focus

Wall Street took a step back on concerns over future fiscal relief, led by small-cap stocks. Meanwhile, the Australian Dollar is rising ahead of Q4 inflation data

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US Dollar Outlook: AUD/USD Eyes Federal Reserve Announcement

AUD/USD price action extended higher on Tuesday as the US Dollar weakened broadly and erased prior session gains with traders shifting focus to the Fed rate decision on deck for release.

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NZD/USD Breaks Out of Narrow Range Ahead of FOMC Rate Decision

The FOMC rate decision may do little to derail the bullish price action in NZD/USD as the central bank relies on its non-standard tools to support the US economy.

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US Recession Watch, January 2021 - Slowing Growth Evident as Calendar Turns

Although US Treasury yields have risen in recent weeks, 4Q’20 growth expectations have slid. A double dip recession may or may not be avoided.

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Oil Price Forecast: US Crude Oil Price Action Indecisive Ahead of FOMC

WTI US Crude Oil remains encapsulated within a channel prior to major event risk

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Gold Price Forecast: XAU/USD Resistance Bound Ahead of the Fed

Gold prices are going on six months of digestion now as markets like Bitcoin or Gamestop have went ballistic. Will the Fed wave the red flag tomorrow to let the bulls run?

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USD/CAD Outlook Clouded by RSI Divergence Ahead of FOMC Rate Decision

The recent rebound in USD/CAD appears to be stalling ahead of the Federal Reserve’s first meeting for 2021 even as the RSI diverges with price.

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NZD Outperforms, EUR/GBP Back to Key Support, AUD Awaits CPI - US Market Open

Turnaround Tuesday as equities firm. NZD tracks risk sentiment higher. Traders continue to buy the GBP dip.

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Italian PM Conte Resigns, What Happens Next? - Euro Outlook

Italian politics in focus as PM Conte confirms resignation.

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USD/JPY Outlook: Yen Stable After BoJ Invites More ETF Flexibility

USD/JPY consolidates after uncertainty in global markets however, this week should provide high volatility with multiple U.S. focused data scheduled.

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DAX 30 Attempts to Push Higher, EUR/USD Hovering Above Key Support

US volatility increases as speculative traders pile in whilst Europe struggles to get a grip

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Bitcoin (BTC) Continues to Struggle While Ethereum (ETH) Comes Off a Fresh All-Time High

Bitcoin (BTC/USD) continues to struggle to move higher and yesterday’s bearish candle may cap any further upside in the short-term.

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British Pound (GBP) Latest: GBP/USD Falling After UK Unemployment Data

GBP/USD is sliding in early European trade Tuesday despite the release of marginally better than expected UK jobs data, with a firmer US Dollar adding to its weakness.

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Yen, Dollar May Extend Rise as Stocks Fall After China Drains Liquidity

The anti-risk Yen and US Dollar rose while stocks swooned in Asia-Pacific trade as China pulled close to US$12 billion from the banking system. More of the same may be ahead.

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US Dollar Forecast: Stuck Between Treasuries, Equities as Emerging Markets Push On

Will the US Dollar fall versus the Singapore Dollar, Taiwanese Dollar and Philippine Peso if a fiscal stimulus delay pressures Treasury yields? The Fed and earnings may keep risk appetite intact.

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Dow Jones, Hang Seng, Nikkei 225 Outlook: Will the Rally Carry on?

Wall Street stocks were mixed overnight as markets adjusted expectations for the US fiscal stimulus plan. A strengthening US Dollar may undermine Asia-Pacific equities following Monday’s strong rally.

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Bitcoin, Ethereum Outlook: ETH Poised to Outperform BTC in Near Term

The Bitcoin/Ethereum ratio’s break to its lowest levels since August 2018 suggests that ETH may continue to outperform BTC in the coming weeks. Key levels to watch for Bitcoin and Ethereum.

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US Dollar Outlook: EUR/USD Stumbles Lower as Fed Meeting Looms

The US Dollar traded on its front foot Monday as EUR/USD price action edged lower and helped bolster the broader DXY Index. Can US Dollar strength continue with a Fed decision due later this week?

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Gold Price Forecast: Precious Metal Consolidates Ahead of Next Big Move

Gold has slipped into consolidation mode around the midpoint of its descending channel from August. Shorter term traders can look to nearby technicals for influence as the fundamental case holds st...

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EUR/USD Still Susceptible to Larger Pullback as RSI Divergence Remains

EUR/USD remains susceptible to a larger pullback as long as the Relative Strength Index (RSI) diverges with price and tracks the downward trend from December.

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FX Week Ahead - Top 5 Events: UK Jobs, Australia Inflation, Fed Meeting, Mexico & US GDP

The last week of the month brings about the usual smattering of event risk from around the globe.

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Silver (XAG/USD) Side-steps Ahead of major risk events

Silver prices have maintained their rangebound momentum in anticipation of US economic data

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Mexican Peso Price Forecast: USD/MXN Above 20.00 as Bulls Break Out

USD/MXN is breaking out to the upside to resolve a short-term falling wedge. But there's a longer-term wedge that remains in-play - can bulls evoke a test?

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AUD/USD Monthly Range in Focus with Australia CPI, Fed Meeting on Tap

Key market themes may keep AUD/USD afloat ahead of the Federal Reserve’s first meeting for 2021 as US officials rely on their non-standard tools to support the economy.

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US Dollar Steady, Euro Slips, GBP Benefits From Vaccine Success - US Market Open

US Dollar awaits FOMC risk. Tech stocks outperform ahead of key earnings, while EUR/GBP eyes support.

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Euro Dollar Forecast: EUR/USD Bullish or Bearish Amid Major Events

EUR/USD remains at the discretion of major economic events

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Gold Price (XAU/USD) Unable to Break Through Technical Chart Resistance

Gold is starting the week little changed with a cluster of moving averages continuing to frustrate precious metal bulls.

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USD/JPY Price Analysis: Japan’s Tighter Lockdown and FOMC in Focus

USD/JPY approaches long-term descending trendline. Will the anticipated US stimulus proposal of $1.9 trillion send the currency pair lower?��

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CAC 40 Under Pressure as France Struggles to Contain the Virus

The 7-day rolling average remains above 20,000 in France despite strict measures to try and contain the virus

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British Pound (GBP) Latest: GBP/USD Upside Intact, EUR/GBP Outlook Bearish

GBP stands to outperform on vaccine rollout success. EUR/GBP rallies faded as key support nears.

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USD/ZAR Outlook: Rand Resilient Despite ANC Lekgotla and US Flight Ban

Seemingly detrimental weekend announcements for the Rand has not swayed the Emerging Market currency USD/ZAR is down 0.43% today. How will the week unfold with key data due this week?

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DAX 30 Outlook: Eyeing Yearly High with Business Climate Data in Focus

Germany’s benchmark DAX 30 index may continue pushing higher, despite diminishing growth forecasts for 2021, as the number of daily coronavirus cases notably decreases.

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Gold, Crude Oil Outlook: Big Week Ahead with FOMC, US Q4 GDP in Focus

Gold and crude oil prices retreated slightly ahead of a busy week: the FOMC meeting, US 4Q GDP and core PCE inflation data may lead to heightened volatility in commodity prices.

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How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

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Bitcoin, Ethereum Outlook: ETH Poised to Outperform BTC in Near Term

The Bitcoin/Ethereum ratio’s break to its lowest levels since August 2018 suggests that ETH may continue to outperform BTC in the coming weeks. Key levels to watch for Bitcoin and Ethereum.

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S&P 500, Hang Seng, ASX 200 Outlook: FOMC, GDP, Earnings in Focus

Wall Street futures are edging higher on Monday, setting a positive tone for Asia-Pacific markets. Investors face a busy week ahead, with the FOMC meeting, US Q4 GDP data and corporate earnings in ...

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Markets Week Ahead: Nasdaq 100, US Dollar, Crude Oil, Fed, IMF, Tech Earnings

The Nasdaq 100 outperformed the broader market as the US Dollar weakened with crude oil prices. A busy week is ahead for markets, with Apple and Microsoft earnings, the Fed, GDP data, the IMF's Wor...

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Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead

The Dow Jones and Nasdaq 100 will look to key earnings from the likes of Apple, Tesla, Boeing and more while juggling a FOMC rate decision midweek. The DAX 30 awaits broader economic data.

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Mexican Peso Forecast: USD/MXN Drifts Back Above 19.90 as it Holds its Range

Mexico continues to see record numbers in new virus cases as USD/MXN converges to the center of its range.

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Euro Week Ahead Forecast: EUR/USD Outlook Bullish, EUR/GBP Bearish

The Euro looks to have broken higher against the US Dollar but lower against the British Pound, trends that will likely continue in the days ahead.

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Gold Price Tracks Weakness in US Treasury Yields Ahead of Fed Meeting

The Federal Reserve’s first meeting for 2021 may do little to prop up the price of gold as the central bank relies on its non-standard tools to achieve its policy targets.

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Weekly US Dollar Fundamental Forecast: All Eyes on January Fed Meeting

The upcoming US economic calendar is loaded with high rated event risk, as well as the January Fed meeting – which unfortunately might not bring much volatility.

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Canadian Dollar Forecast: Busy Week Ahead, GDP, Fed, IMF, Earnings Season

The Canadian Dollar will likely remain glued to news that can drive risk appetite, with USD/CAD eyeing GDP data, the Federal Reserve, IMF, earnings season and more in a very busy week.

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Australian Dollar Capped by Falling Iron Ore Demand Ahead of Inflation Data

The notable drop-off in Chinese iron ore demand appears to have notably weighed on the Australian Dollar in recent days as attention turns to the upcoming Q4 inflation release.

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Sterling (GBP) Weekly Outlook: Two Steps Forward, One Step Back

GBP/USD continues to move higher, despite Friday’s weakness, as vaccination hopes continue to fuel positive sentiment despite ongoing lockdown fears and downbeat UK data.

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Dow Jones Forecast: Three Dow Stocks to Watch in the Week Ahead

Earnings season is underway and some of the market’s largest and most influential corporations will step up to the plate to report their quarterly results next week. Here are three of the most impo...

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Sterling (GBP) Weekly Outlook: Two Steps Forward, One Step Back

GBP/USD continues to move higher, despite Friday’s weakness, as vaccination hopes continue to fuel positive sentiment despite ongoing lockdown fears and downbeat UK data

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US Dollar Firms, Market Sentiment Sours, Oil Prices Dragged Down - US Market Open

Markets are on the defensive to close the week amid renewed COVID concerns

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USD/JPY Outlook: Yen Falters Today but Faces Stout Topside Resistance

The bearish bias remains on USD/JPY while next weeks U.S. economic data may provide a change in sentiment with the Dollar weighing heavily on the pair.

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Bitcoin (BTC) Price Outlook - Trying to Stem Recent Heavy Losses

Bitcoin slumped below $30,000 in early turnover today before clawing back its losses in highly volatile trading

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DAX 30 Forecast: PMIs Provide no Solace as Investors Look for Guidance

A host of economic data will be reported next week by Germany, but will it have an impact on the market?

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets

Accommodative monetary policy conditions and the prospect of additional deficit spending under a Biden administration may continue to undermine the US Dollar in the coming weeks.

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Gold and Crude Oil Prices Watching the US Dollar as the Weekend Nears

Gold and crude oil prices may be at risk as the US Dollar trades higher into the weekend. Ahead, WTI is eyeing a delayed EIA inventory report as XAU/USD watches out for key PMI data.

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S&P 500 Hovers at Record High, Hang Seng and Nikkei 225 Eye Pullback

Asia-Pacific equities opened slightly lower despite Wall Street stocks hovering near their record highs. The Hang Seng Index faces a chart resistance at 30,000 as southbound inflow fell for a third...

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New Zealand Dollar Outlook: Kiwi Aided as CPI Tempers RBNZ Rate Cut Bets

Friday's Asia-Pacific trading session may see the risk-on mood sour following a lull in Wall Street optimism. The New Zealand Dollar is on the move higher as improved inflation data tempers further...

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Dow Jones Forecast: Three Dow Stocks to Watch in the Week Ahead

Earnings season is underway and some of the market’s largest and most influential corporations will step up to the plate to report their quarterly results next week. Here are three of the most impo...

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Oil Price Outlook Supported by Forecasts for Lower US Crude Inventory

Fresh data prints coming out of the US may influence the price of oil as crude inventories are projected to contract for the sixth consecutive week.

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Central Bank Watch: BOC & ECB Interest Rate Expectations Update

Both the Bank of Canada and European Central Bank met in recent days, setting the tone for 2021.

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USD/CAD Post-BoC Weakness Persists with RSI Threatening Upward Trend

USD/CAD trades to fresh monthly lows following the BoC rate decision, with the RSI threatening the upward trend established earlier this month.

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USD/ZAR Outlook: Rand Resilient as SARB Leaves Rates Unchanged

With interest rates remaining at 3.5%, will the Rand remain attractive to yield seeking investors and prolong its bull run in 2021?

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Euro Price Action: ECB Maintains Policy, Euro Remains at Daily Highs

As widely expected, the ECB left its monetary policy unchanged. Euro remains at daily highs

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Gold Price Rallies Into Resistance, Fuelled by US Dollar Weakness

Gold has rallied into a cluster of moving average resistance and this is likely to test the recent strength of the precious metal

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BTC/USD Price Forecast: Symmetrical Triangle Points to a Build in Momentum

Bitcoin struggles to push above key resistance as price consolidation continues

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British Pound (GBP) Latest: GBP/USD to Top 1.38 if Resistance Breaks

GBP/USD continues to struggle to make a sustained break above resistance just over 1.37 but, if it does, there is little further resistance before 1.38.

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EUR/USD Hovering Above Support as ECB Rate Decision Shifts into View

EUR/USD rates may gain ground in the coming days if the European Central Bank opts to keep its monetary policy setting steady at its upcoming meeting.

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Natural Gas Outlook: US Prices Sink Despite Global Supply Disruptions

Natural gas is moving lower after weather models pointed to warmer-than-average temperatures across much of the US.

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Precious Metals Analysis: Gold and Silver Buoyant as Real Yields Fall

Gold and silver prices may continue to rise in the coming months on the back of falling real rates of return and the prospect of additional fiscal support under a Biden administration.

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Nasdaq Hits Record High as Biden Takes Office, Hang Seng Eyes 30,000

Wall Street saw a tech-led rally that sent both the Nasdaq 100 and S&P 500 to record highs on strong earnings and President Biden’s agenda. The Hang Seng Index aims to break 30,000 to a fresh 20-mo...

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Australian Dollar Forecast: Jobs Report Fails to Inspire AUD/USD

The Australian Dollar rose against the Greenback as Wall Street pushed into fresh record highs. Meanwhile, AUD/USD is seeing a rather muted reaction to Australia's December employment report.

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Gold Price Forecast: XAU/USD Recovers but is the Rally to be Believed?

Gold has enjoyed a relief rally in recent sessions as it looks to recoup losses suffered earlier in January. Still, the precious metal is down considerably for the month and the recovery might be l...

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AUD/USD Monthly Opening Range Intact Ahead of Australia Jobs Report

Australia’s Employment report may trigger a bullish reaction in AUD/USD as the update figures are expected to show a further improvement in the labor market.

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EUR/USD Rate Outlook Hinges on 2021 ECB Forward Guidance

EUR/USD trades back above the 50-Day SMA (1.2081) ahead of the ECB’s first rate decision for 2021 as it extends the rebound from the monthly low (1.2054).

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USD/CAD Snaps Lower Following Bank of Canada Rate Decision

The Canadian Dollar is surging to session highs as USD/CAD price action plummets in response to the latest Bank of Canada interest rate decision just crossing market wires.

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Sentiment Snapshot (Europe): GBP/USD, EUR/JPY, GBP/JPY

This sentiment snapshot looks at some of the larger imbalances in positioning across a number of currency pairs and what this could mean for each

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Market Sentiment Firms as Netflix Soars, Euro Weakens as EUR/GBP Cracks Support - US Market Open

Tech stocks outperforms on Netflix. Italy PM survives confidence vote, however, government remains fragile

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Bank of Canada Preview: Canadian Dollar (CAD) Guide for BoC Rate Decision

BoC expected to maintain current policy despite some suggestions of a micro-cut.

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Gold Prices Rise to Critical Resistance on Inauguration Day

Gold prices capped by key resistance, US real yields key for direction.

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IBEX 35 Forecast: Price Consolidates as European Equities Struggle to Keep Up

The IBEX 35 consolidates between two Fibonacci levels, EUR loses bullish momentum

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EUR/GBP Price Outlook - Breaking Multi-Month Support Ahead of the ECB Rate Decision

EUR/GBP is probing an important support level, which if broken convincingly opens the way to further losses in the short-term

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British Pound (GBP) Latest: Trend Higher Intact, UK Inflation Above Expectations

GBP/USD continues to march higher within a rising channel on the charts, helped this session by news that UK inflation in December was higher than expected by analysts.

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S&P 500 Index Outlook: Yellen's Calls for Fiscal Support to Buoy SPX

The S&P 500 index looks set to continue it s climb to fresh all time highs on the back of Treasury Secretary nominee Janet Yellen’s push for addition fiscal support.

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Gold, Crude Oil Outlook: Weaker Dollar and Reflation Hopes Underpin Prices

Gold and crude oil prices climbed as the US Dollar retreated for a second day. US Treasury Secretary nominee Janet Yellen defended Joe Biden’s US$ 1.9 trillion fiscal stimulus plan, buoying commodi...

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Natural Gas Outlook: US Prices Sink Despite Global Supply Disruptions

Natural gas is moving lower after weather models pointed to warmer-than-average temperatures across much of the US.

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Dow Jones Up on Yellen Stimulus Push; Hang Seng and ASX 200 May Climb

The Dow Jones, S&P 500 and Nasdaq 100 indices rebounded after Yellen defended Biden’s $1.9 trillion fiscal stimulus package in the Senate confirmation hearing. Netflix jumped 12% on strong subscrib...

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Australian Dollar Outlook: AUD/USD Unfazed by Falling Westpac Confidence

The Australian Dollar is moving higher versus the US Dollar despite a 4.5% drop in the Westpac Consumer Confidence index. That move was preceded by an optimistic session on Wall Street as traders c...

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US Dollar Outlook: USD/CAD Volatility Jumps as BoC Decision Looms

The DXY Index slid -0.3% on Tuesday as US Dollar bears chisel away at recent gains. USD/CAD price volatility looks primed to intensify with the Bank of Canada rate decision on deck.

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Dow Jones Price Outlook Tied to Earnings as Netflix Soars on Subscriber Beat

Earnings season will continue this week as the country’s biggest banks weigh in and key Dow components like UnitedHealth Group report their quarterly performances. The findings may influence sentim...

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Gold Price Forecast: November Low on Radar as RSI Snaps Upward Trend

The price of gold may continue to give back the rebound from the November low ($1765) as the RSI fails to retain the upward trend carried over from December.

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Euro Awaits Italian Vote, Yellen to Urge Lawmakers to Act Big - US Market Open

Leaked text of Yellen suggests event will not be notably market moving. Euro looks to Italian Senate vote.

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Crude Oil Latest: Trend Higher Still in Place Despite IEA Cutting Forecast For Demand

The International Energy Agency has lowered its forecasts of demand for oil in both Q1 and 2021 as a whole but the price of US crude remains in a trend higher, with $55 per barrel in focus.

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Bank of Canada Preview: Canadian Dollar (CAD) Guide for BoC Rate Decision

BoC expected to maintain current policy despite some suggestions of a micro-cut.

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USD/ZAR Outlook: Rand Soldiers on Inspired by Waning U.S. Dollar

After a strong week for the Rand, upcoming economic announcements may result in further price volatility around the USD/ZAR pair

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EUR/USD Moving Higher on Better-than-Expected ZEW and US Dollar Weakness

EUR/USD is back above 1.2120 today and is starting to reverse its recent decline as markets wait for Janet Yellen’s confirmation speech

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EUR/USD Moving Higher on Better-than-Expected PMIs and US Dollar Weakness

EUR/USD is back above 1.2120 today and is starting to reverse its recent decline as markets wait for Janet Yellen’s confirmation speech

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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FTSE 100 Forecast: Vulnerable Below 6,800 Despite Ascending Channel

The UK warns of a possible spike in cases as vaccine rollout gets fully underway

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British Pound Outlook: GBP May Rise as Covid-19 Cases Begin to Fall

The British Pound could gain ground against the haven-associated Japanese Yen and US Dollar as the number of daily coronavirus cases notably slides lower.

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Silver Price Outlook: XAG/USD Rises Ahead of Yellen Testimony, More to Go?

Silver prices are climbing ahead of Treasury Secretary nominee Janet Yellen's Senate confirmation on Tuesday as US Dollar strength appears to be waning.

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Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises

The Dow Jones, Nasdaq 100 and S&P 500 stock indexes may find fresh catalysts as the release of Q4 US corporate earnings set the tone for what has been a record-scrapping rally.

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S&P 500, ASX 200, Nikkei 225 Rise on Weaker USD, Yellen's Testimony in Focus

S&P 500 futures are climbing alongside the Nikkei 225 and ASX 200 indices on Tuesday, setting a positive tone for Asia-Pacific trade. The US Dollar weakened ahead of Treasury secretary nominee Jane...

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Australian Dollar Outlook: AUD/USD Breaks 20-Day SMA, Chinese FDI in Focus

AUD/USD may rise on Chinese foreign direct investment data set to cross the wires on Tuesday despite an underwhelming reaction to Chinese Q4 GDP.

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Canadian Dollar (USD/CAD) Price Forecast: Loonie gives back gains ahead of BoC Decision

USD/CAD Tests resistance ahead of interest rate decision

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AUD/JPY Price Forecast: Bearish Engulfing Pauses Bullish Advance

The Aussie dollar appreciated significantly vs the Yen in the latter stages of 2020 but the formation of a bearish engulfing has put an end to that, perhaps just for now

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Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB

The S&P 500 declined as the Russell 2000 soared as markets digested Joe Biden’s fiscal package. Gold prices sank as the US Dollar shined. The week ahead is fairly busy, with bank and tech earnings,...

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USD/INR Forecast: Indian Rupee Recovers After Last Weeks Dismal Data

The Indian Rupee may be projected for a strong 2021 but will global economic recoveries and vaccine success unfold as expected?

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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EUR/USD Price Outlook - Sitting on Multi-Week Support Ahead of Busy Data and Events Week

EUR/USD is respecting multi-week support for now but a packed week of important data and events could see this level tested again

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DAX 30 Slips Further on Continued Virus Concerns

Germany prepares for tougher restrictions as the rapid spread of coronavirus continues

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British Pound (GBP) Latest: GBP/USD Carving Out a Short-Term Top?

GBP/USD edging lower as US Dollar reversal persists. Thin liquidity exacerbates downside. FTSE 100 slips

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Canadian Dollar Outlook: USD/CAD Rebound May Continue Ahead of BoC

The Canadian Dollar could come under pressure ahead of the Bank of Canada’s upcoming monetary policy meeting as tightening restrictions fail to suppress the outbreak of local coronavirus infections.

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Gold Price Outlook: XAU/USD Rebounds from a 6-Week Low. Now What?

Gold prices snapped higher after dropping as much as 1.2% before Monday but a stronger USD and fading stimulus hopes may continue to weigh. Traders are eyeing US$ 1,807 for near-term support.

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US Dollar Bottoming? Smaller Fiscal Stimulus, Earnings, Covid Threaten ASEAN FX

The US Dollar may be finding a turning point against ASEAN currencies as smaller fiscal stimulus bets, soft earnings risk and Covid cases translate into some capital flight from equities.

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Australian Dollar Unimpressed by Chinese Q4 GDP as Retail Sales Lag

The trade-sensitive Australian Dollar slid marginally lower after disappointing retail sales data out of China overshadowed strong industrial production and Q4 GDP figures.

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Dow, Hang Seng, ASX 200 Outlook: China Q4 GDP, Stronger USD in Focus

A sour lead from Wall Street may set a downbeat tone for Asia-Pacific markets on Monday against the backdrop of a strengthening US Dollar. Investors are anticipating a strong Chinese Q4 GDP figure ...

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Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB

The S&P 500 declined as the Russell 2000 soared as markets digested Joe Biden’s fiscal package. Gold prices sank as the US Dollar shined. The week ahead is fairly busy, with bank and tech earnings,...

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Weekly Fundamental Gold Price Forecast: Lacking Luster, a Turning Point Arrives

Between investors seeking higher yielding and more growth-sensitive assets and a sense of disappointment over the Biden stimulus package, gold prices are struggling.

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Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises

The Dow Jones, Nasdaq 100 and S&P 500 stock indexes may find fresh catalysts as the release of Q4 US corporate earnings set the tone for what has been a record-scrapping rally.

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Euro Forecast: EUR/USD Week Ahead Outlook Poor, ECB Meeting in Focus

EUR/USD has dropped sharply over the last few days and may well fall further. However, it is also possible that the bad news is now priced in to the exchange rate and that further weakness will be ...

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US Dollar Rebound in Focus Ahead of US Presidential Inauguration

The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden.

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Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries

The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are due.

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South African Rand Price Forecast: USD/ZAR Tests Key Fibonacci Support

USD/ZAR falls to a critical level of support as rising death toll weighs on the Rand

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GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?

GBP underpinned as BoE downplays negative rates, alongside vaccine rollout.

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Consumer Confidence Dips, Reflects Growing Concerns Regarding Coronavirus

The rollout of COVID-19 vaccines and a partisan shift in expectations due to the anticipated impact of Biden's economic policies helped narrow the decline in consumer sentiment.

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Crude Oil Prices In Focus Amid Fears of Falling Demand

Crude oil prices retreat from 11 month high following fresh lockdown restrictions

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US Dollar and Japanese Yen in Demand, AUD Weak as Markets Sour - US Market Open

Risk market pullback to close the week. Japanese Yen and US Dollar better bid.

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USD/JPY Forecast: Yen Pushes Back After Jerome Powell’s Interview

The Japanese Yen has pulled back this weeks lost gains against the U.S Dollar but with next week’s BoJ announcement in focus, how will markets react?

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Australian Dollar Forecast: Key AUD/USD Levels to Watch

G10 FX struggles for direction. AUD/USD trends begins to stall.

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DAX 30 Struggles to Break 14,000 as Covid-19 Remains a Serious Threat

Germany considers tougher restrictions as the rapid spread of coronavirus continues

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British Pound Latest - Sterling Underpinned by GDP Data, US Announce USD1.9 Trillion Stimulus Package

The latest UK GDP figures showed the economy performing slightly better-than-expected, helping to keep the recent move higher in GBPUSD intact.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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Nasdaq 100 Weighed Down by Tax Hike Fears as Biden Unveils Relief Plan

The tech-heavy Nasdaq 100 index may continue to slide lower in the near term, weighed down by the notable climb in bond yields and the possible increase in taxation under a Biden administration.

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Crude Oil Prices May Turn Lower as Market Risk Appetite Sours

Crude oil prices managed to shrug off soggy risk appetite yesterday but may yet succumb to selling pressure. Technical positioning bolsters the case for a downturn.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Dow Jones Futures Rise with ASX 200, Nikkei 225 on Biden's Stimulus Plan

US futures are drifting higher at Asia-Pacific trading open in anticipation of Biden’s 1.9 trillion Covid-relief package. Reflation hopes sent the Nikkei 225 and ASX 200 indexes mildly higher.

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Russell 2000 Gains, S&P 500 Wobbles Following President-elect Biden’s Stimulus Details

The Russell 2000 rose as the S&P 500 wobbled following President-elect Biden's stimulus plan that outlines $1.9 trillion in funding to combat the ongoing Covid-19 pandemic.

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USD/JPY Price Outlook: US Dollar Ranges Ahead of Biden Aid Plans

USD/JPY price action, which is the second largest component of the US Dollar Index, appears to be consolidating headed into a press statement from president-elect Biden detailing his covid aid pack...

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Gold Price Forecast: Real Yields Weighing on Precious Metals

Gold price action has attempted to recover from its recent selloff as key technical levels help stymie selling pressure, but precious metals might continue to broadly mirror swings in real yields.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

The second week of the year was all about the Federal Reserve and policymakers speaking out against early tapering or a rate hike.

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EUR/GBP Price Analysis: Will Recent Pound Momentum Break Key Support?

The Pound Sterling has strengthened against the USD, JPY and EUR recently as the UK looks optimistically towards an economic recovery as vaccinations continue

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Silver (XAG/USD) Shuffles Sideways Ahead of Stimulus Announcement

Silver prices continue to trade in a range as US Treasury yields gain appeal

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What To Expect From Biden's Stimulus Package Announcement - US Market Open

Euro underperforms, equities push higher. All eyes on Powell and Biden statements

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Gold Price Outlook - The Recent Sell-Off May Not be Over Yet

Gold is struggling to make any headway this week after last week’s sharp sell-off. And the backdrop remains bearish for the precious metal ahead of the next round of US economic stimulus measures.

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USD/ZAR Outlook: Rand Pulls Back Pending Next Week’s SARB Meeting

Rand may be heading for further strength, while key South African economic data is scheduled next week.

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Japanese Yen Forecast: USD/JPY Key to Short-Term US Dollar Direction

Major FX pairs trade in choppy conditions. Eyes on Fed Chair Powell and President-Elect Biden speeches

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BTC/USD: Bitcoin Shruggs Off Lagarde's Comments, Up Above 38,000

Bitcoin continues its bullish run and pushes above 38,000 but price may see consolidation in the short-run

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British Pound (GBP) Latest: GBP/USD Stable Ahead of Biden Stimulus Package

GBP/USD, like most of the financial markets, will likely be on hold this session ahead of an expected announcement by Joe Biden of his fiscal stimulus plans and a speech by Jerome Powell.

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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DAX 30 Poised to Extend Climb Despite Threat of Extended Restrictions

Germany’s benchmark DAX 30 index may continue pushing higher in the near term, despite the threat of elongated lockdown measures amid a relentless rise in Covid-19 cases.

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Gold Price Outlook at Risk to Biden Stimulus Push, Crude Oil Eyeing OPEC Report

Gold prices may be at risk after reports came out that Joe Biden may push for a USD 2 trillion stimulus package. Crude oil prices face OPEC’s monthly outlook report after oversupply concerns.

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AUD/USD Shrugs Off China Trade Data, Sinks on Biden Stimulus News

Chinese trade data for December came across the wires above expectations, but the Australian Dollar and markets are keying in on news that the incoming Biden administration is aiming for a much hig...

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ASX 200, Hang Seng Index Eye China Trade Data. S&P 500 on the Defensive

The S&P 500 index rose slightly overnight, led by defensive sectors including utilities, real estate and information technology. Asia-Pacific investors eye China’s trade balance for clues on a reco...

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AUD/NZD Aims Higher with Chinese Economic Data in Focus

Treasury yields fell after strong auction demand on the 30-year bond as Wall Street moved higher. Meanwhile, AUD/NZD may be poised for further upside with bullish technical signals on the horizon.

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US Dollar Outlook: USD Price Action Eyes Biden Stimulus Proposal

The broader US Dollar edged higher on Wednesday despite a deeper pullback in Treasury yields. USD price action turns to president-elect Biden who is due to release details of his fiscal stimulus pl...

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Gold Price Forecast: Rising Yields Threaten XAU/USD as Technicals Sour

Gold has seen a prolonged decline since its August peak, establishing a series of lower highs and lower lows in the process. As treasury yields rise, gold may lose some of its remaining luster.

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AUD/USD Rate Outlook Hinges on Break of January Opening Range

AUD/USD preserve the opening range for January as it breaks out of the series of lower highs and lows from the previous week.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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Bitcoin (BTC) Builds for the Next Big Break, BTC/USD Levels

Is Bitcoin a bubble in process of bursting, or is this a simple pullback on the way to fresh higher-highs?

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USD/CAD Trades in Defined Range as US Dollar Tracks Risk Sentiment

Swings in risk appetite may sway USD/CAD ahead of the BoC’s first meeting for 2021 as the US Dollar still reflects an inverse relationship with investor confidence.

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Euro Hit by Italian Political Risks, GBP Gains Despite Firm USD - US Market Open

Markets slightly softer, while GBP gains despites firm USD.

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Gold Price Outlook: Awaiting Breakout as Support Holds for Now

All eyes on bond yields for near-term directions for gold. Support holds for now, however, upside remains capped.

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Natural Gas Outlook: Supply Chain Disruptions Boost LNG Spot Prices

Natural Gas strong start to the year has brought prices to key historical levels. Will fundamentals continue to support higher prices or will resistance hold?

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FTSE 100 Stagnates as Investors Look for Guidance on Inflation Concerns

Equities continue to trade with caution as US CPI figures are expected to shed a light on inflation concerns

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EUR/GBP Price Outlook - Testing Multi-Week Lows as Important Support Levels Breakdown

Euro Sterling has been on a downward trajectory since late December and this week broke below some important technical indicators.

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British Pound (GBP) Latest: GBP/USD Benefiting From Weak USD, Treasury Yields

GBP/USD has now recovered all the ground lost last week, benefiting from a weaker US Dollar prompted by lower Treasury yields following their previous strong rise higher.

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US Dollar May Resume Slide as Yields Turn Lower on Strong Treasury Demand

Strong demand for US 10-year Treasuries and the reiteration by several Federal Reserve members that the central bank is not looking to taper its QE program may halt the US Dollar’s recent recovery.

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Crude Oil Prices Hit 11-Month High on Reflation Hopes, Falling Stockpiles

Crude oil prices reached their highest level since Feb 2020 on reflation hopes and a large draw in crude inventories from the latest API report. A weaker US Dollar and a flattening Treasury yield c...

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Nasdaq 100 Rebounds with Falling USD. Will Hang Seng, ASX 200 Follow?

Wall Street stocks closed marginally higher overnight, led by energy and material sectors. The US Dollar retreated alongside Treasury yields. Asia-Pacific markets look set to open slightly lower.

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Silver Price Outlook: Falling Treasury Yields Support XAG/USD

Following recent gains, US Treasury yields reversed lower, allowing silver prices to capitalize on a weaker US Dollar.

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US Dollar Price Outlook: Emerging Market Currencies Face Rising Treasury Yields

The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United States.

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Canadian Dollar Forecast: USD/CAD Recovers, Will it Reverse Lower Soon?

USD/CAD has regained its footing in recent sessions, moving off of lows narrowly above 1.2600. Can the pair continue higher or will USD/CAD soon reverse lower? Technical levels may hold clues.

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NZD/USD Vulnerable amid Failure to Retain January Opening Range

Failure to preserve the monthly opening range may lead to a larger correction in NZD/USD amid the ongoing rise in longer-dated US Treasury yields.

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Euro Dollar Forecast: EUR/USD Stalls after Falling to Critical Support

EUR/USD price action continues to trade sideways in anticipation of fundamentals

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US Dollar Price Forecast: Can USD Bulls Really Take Control?

Take a snapshot while you can because the US Dollar is up so far in 2021 trade. Can buyers continue to drive through some high-impact US data?

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Mexican Peso Forecast: Rising US Yields Help USD/MXN Fend Off Breakdown, For Now

USD/MXN rates started the year by breaking the 2020 low, only to see a sharp reversal higher alongside rising US Treasury yields.

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EUR/USD Susceptible to Larger Pullback Ahead of Account of ECB Meeting

The account of the ECB meeting may do little to prop up EUR/USD as the exchange rate as the RSI tracks the downward trend established in December.

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GBP/USD Boosted as BoE's Bailey Downplays Negative Rates - US Market Open

Equities attempt to make a comeback from Monday’s pullback. GBP outperforms.

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Crude Oil Price Outlook - Markets Continue to Nudge Higher But Covid-19 Fears Remain

Crude oil continues to rally, boosted recently by the OPEC+ decision to keep a lid on supply, but renewed Covid-19 worries may soon temper demand.

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USD/JPY Forecast: Rising Treasury Yields Moderates Yens Recent Gains

U.S. Treasury yields have been steadily rising in 2021 which has favored Dollar strength against the safe-haven Japanese Yen. With key levels being reached on the technical side, will the JPY pull ...

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Bitcoin (BTC/USD) Bulls Bite the Bullet

Bitcoin price action fights to pursue bullish continuation

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Technical Forecast - CAC 40, IBEX 35 Levels to Watch

Find out the key levels to watch this week in the CAC and IBEX as global stocks trade with caution

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British Pound (GBP) Latest: GBP/USD Steadies After Brief Sell-off

The recovery in the US Dollar over the last few sessions is looking increasingly like a short-term corrective move as GBP and other currencies steady Tuesday, perhaps prior to a new leg higher.

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S&P 500 May Slide Lower on Fed Taper Talk Ahead of Inflation Release

The S&P 500 index could come under pressure in the near term as several members of the Federal Reserve hint that the central bank may taper its QE program by the end of 2021.

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Natural Gas Forecast: Prices Boom on Binary Cold Weather Events

Natural gas prices received a boost from a colder than average U.S. temperature outlook after abnormally cold weather across Northeast Asia placed pressure on regional LNG suppliers.

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Bitcoin, Ethereum Outlook: Short-Term Correction or Has The Bubble Burst?

Bitcoin and Ethereum have sank lower in recent days as risk appetite across financial markets notably fades. Is this just a mere short-term pullback or has the cryptocurrency bubble finally burst?

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ASX 200, Nikkei 225 Outlook: Pressure from Rising Yields, Stronger USD

All three major US stock indices retreated from recent highs as rising yields and pandemic concerns weighed on sentiment. Asia-Pacific stocks look set to trade lower. Bitcoin prices tumbled.

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New Zealand Dollar Hit on Rising US Yields, Regulation Risks. More to Go?

The risk-sensitive New Zealand Dollar dropped alongside US equities as rising Treasury bond yields threaten sentiment.

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US Dollar Outlook Brightens Amid Rising Yields, Volatility

The US Dollar strengthened broadly on Monday as Treasury yields extended higher and market volatility accelerated. Can USD price action prolong its rebound or will bearish headwinds prevail?

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Nasdaq 100 Forecast: Stock Leaders Take Backseat as Bond Yields Rise

Stocks opened lower for the week with the technology sector, and tech-heavy Nasdaq, leading declines. As yields rise and equity alternatives grow, some hot stocks could come under further pressure.

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FX Week Ahead - Top 5 Events: China New Yuan Loans, Fed Speeches, US Inflation Rate & Retail Sales, UK GDP

The second week of the year sees activity pick up on the economic calendar, with the focus still remaining on the United States economy.

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AUD/USD January Opening Range in Focus as RSI Sell Signal Emerges

AUD/USD may threaten the opening range for January as the Relative Strength Index (RSI) falls back from overbought territory to indicate a textbook sell signal.

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Gold Price Forecast: XAU/USD Grasps for Support After Bearish Engulf

Gold got grounded last week and finished with a bearish engulfing pattern. Can sellers drive Gold to fresh lows?

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Oil Forecast: Crude Price Rally Susceptible to RSI Sell Signal

The Relative Strength Index (RSI) may indicate a textbook sell signal for the price of oil if the oscillator slips below 70.

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GBP/JPY Price Analysis: GBPJPY Under Pressure Amid Harsher Lockdown

GBP/JPY retracement may find support and continue its range-bound sequence but a harsher UK lockdown could weigh heavily on the Sterling

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USD/ZAR Outlook: Key Resistance Holds After Rands Counter Trend Move

Last weeks surprise 4.34% spike on USD/ZAR has since been consolidating after South Africa locks in initial COVID-19 vaccines. Is the Dollar rally over or will the Rand bounce back?

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US Dollar Correction Continues, GBP Dips, Gold Upside Capped - US Market Open

US Dollar correction persists, GBP falls to daily lows, US equity futures softer and gold bounces off short-term support.

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EUR/USD Price Outlook - Short-Term US Dollar Strength Pushes EUR/USD Lower

US Treasury yields continue to push higher, giving the US dollar a slightly better bid against the Euro.

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FTSE 100 Weekly Look Ahead: Can the FTSE 100 Outperform in 2021?

FTSE 100 off to a strong start to 2021, reduced political headwinds and reflationary exposed sectors may see index outperform.

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Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) Slump - Cryptocurrency Market Hammered

The cryptocurrency market fell sharply over the weekend with most of the main coins showing heavy double-digit losses.

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DAX 30 Bounces Off All-Time High, EUR/USD Increases Bearish Momentum

The US Dollar bounces back as yields pick up, despite global equities pushing higher

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British Pound at Risk as Downing Street Weighs Tighter Restrictions

The British Pound may come under pressure in the near term as UK lawmakers consider tightening coronavirus restrictions further amid a relentless surge in local infections.

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Gold, Silver Price Outlook: Rising Yields and USD Exert Downward Pressure

Gold and silver prices plummeted in response to rising longer-dated US Treasury yields and a rebound in the US Dollar. Fresh stimulus plans from President-elect Joe Biden may help to cushion the do...

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US Dollar Price Outlook: Emerging Market Currencies Face Rising Treasury Yields

The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United States.

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S&P 500, ASX 200 Weekly Outlook: Rising Treasury Yields Flag Risk Ahead

The ASX 200 index opened lower alongside US equity index futures. Rising US Treasury yields led the US Dollar to strengthen, which may weigh on risk assets, EM currencies and commodities.

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US Dollar Up as Wage Inflation, Biden Stimulus Pledge Drive Fed Outlook

The US Dollar is on the upswing as rising wage inflation and the promise of fiscal stimulus expansion by President-elect Biden cool Fed easing bets and drive up yields.

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Markets Week Ahead: Nasdaq 100, Russell 2000, Gold, USD, Stimulus, Treasury Yields

The Nasdaq 100 and Russell 2000 started 2021 on a high note with longer-dated Treasury yields as gold tumbled. The US Dollar and crude oil found some support on rising fiscal stimulus prospects des...

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Weekly US Dollar Fundamental Forecast: Down, But Not Out

The DXY Index may be turning the corner as the stretch of bad US economic data nears exhaustion.

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Will the S&P 500 Extend Its Record Rally on Reflation Hopes?

The seemingly unstoppable rally in US stocks may have more room to go before time is ripe for a correction. The reflation trade appears to be gaining traction, but overstretched valuations may flag...

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Mexican Peso Forecast: USD/MXN Balances on Support as Covid-19 Cases Surge in Mexico

The strong downtrend in USD/MXN has stagnated in recent weeks as bearish momentum eases.

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Euro Forecast: EUR/USD Outlook Upbeat on Sunny Market Sentiment

Trader confidence has been boosted by the US Democrats winning control of the Senate, suggesting further flows out of the safe-haven US Dollar into ‘risk-on’ currencies such as the Euro.

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Gold Price Outlook Mired by Spike in US Treasury Yields

The price of gold tumbles to a fresh weekly low ($1834), with the weakness in bullion largely coinciding with the recent spike in US Treasury yields.

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Crude Oil Prices Eyeing OPEC Outlook Report After Saudi Output Cut, US Stimulus

Crude oil prices may extend gains after Saudi Arabia unexpectedly cut production ahead of the monthly OPEC outlook report. US fiscal stimulus bets may also underpin WTI.

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Australian Dollar Outlook: Rising Commodity Prices to Drive AUD Higher

Australia’s success in suppressing the novel coronavirus and soaring commodity prices may continue to underpin the cyclically-sensitive AUD in the coming months.

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South African Rand Price Forecast: USD/ZAR, GBP/ZAR,EUR/ZAR Setups

Rand Falters Amid Dismal Economic Outlook and a Potent Second Wave

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Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling

Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.

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Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling

Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.

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USD/CAD Rates to Watch Following Canada Employment Report

Key market trends may continue to influence USD/CAD following Canada’s Employment report as the US Dollar still reflects an inverse relationship with investor confidence.

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USD/CAD Rates to Watch Following Canada Employment Report

Key market trends may continue to influence USD/CAD following Canada’s Employment report as the US Dollar still reflects an inverse relationship with investor confidence.

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Silver (XAG/USD) Snaps Back From Resistance Post-NFP

Silver prices pull back following this morning’s NFP report

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Stock Market Forecast: Three Stocks to Watch in the Week Ahead

A Democratic controlled White House, Senate and House could spark sectoral rotations in the stock market and a few select stocks could outperform the broader market as a result.

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US Dollar, S&P 500, US Rates Whipsaw After Mixed NFP Report

A weaker than expected NFP headline with job losses at 140k, against expectations of a 71k jobs increase.

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As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

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USD/CAD Price Outlook - Running Into Important Employment Data

USDCAD weakness has been a running theme since mid-March last year and the pair are now nearing levels that may cause concern at the Bank of Canada.

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British Pound (GBP) Latest: Negative Rates and New Lockdown Limit Downside in EUR/GBP

Pound sterling is looking to finish the week a little stronger but faces significant challenges in the short-term

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S&P 500 Index Climbs To Record Highs Ahead of Non-Farm Payrolls Report

The S&P 500 index seems poised to extend its recent push to fresh record highs ahead of December’s NFP reports, as investors cheer the prospect of further fiscal support.

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Gold Falls as US Political Shift Fuels Reflation Bets, Crude Oil Rally Eases

Gold and oil prices reacted to political developments in the United States, with investors favoring growth-linked assets over gold despite increased inflation odds.

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Nasdaq 100 Rally Inspires Hang Seng, ASX 200 Index to Trade Higher

Wall Street stocks enjoyed a tech-led rally, setting a positive tone for Asia-Pacific markets. A threat from the US to blacklist Alibaba, Tencent and to delist Chinese telecoms may weigh on the Han...

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Australian Dollar Outlook: Strong Greenback Halts AUD/USD Rally

Increased stimulus bets pushed the US Dollar higher after a shift in the U.S. political landscape, putting pressure on the high-flying Australian Dollar

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USD Price Outlook: US Dollar Tracking Yields Higher, NFPs Eyed

The US Dollar strengthened broadly on Thursday with order being restored to Capitol Hill. USD price action could remain volatile owing to swings in Treasury yields and monthly jobs data due.

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Stock Market Forecast: Three Stocks to Watch in the Week Ahead

A Democratic controlled White House, Senate and House could spark sectoral rotations in the stock market and a few select stocks could outperform the broader market as a result.

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

It’s been a slow first week of the year for the major central banks, and activity is unlikely to get more exciting in the next few days.

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NZD/USD Forecast: RSI Sell Signal Emerges Ahead of US NFP Report

The Relative Strength Index (RSI) indicates a textbook sell signal for NZD/USD as the oscillator quickly falls back from overbought territory.

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Bitcoin (BTC/USD) Bulls Brutal Breakout Shows No Mercy

Bitcoin prices continue to soar as US political tensions fuel rally

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Oil Price Approaches February 2020 High Following OPEC Meeting

The price of oil approach the February 2020 high ($54.66) following the OPEC meeting as US crude output remains at its lowest level since 2018.

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US Dollar Pops Higher on Firmer Rates and Bears Unwinding - US Market Open

USD correcting higher, particularly against JPY as US rates firm. Equities await NFP catalyst.

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Gold Price Outlook - XAUUSD Remains Under Pressure, Bond Yields Rise

Gold slumped $60/oz. yesterday, creating a bearish engulfing candle after the Democrats won the two Georgia run-off elections. Today’s price action remains weak.

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Are Equity Markets Getting Too Far Ahead of Themselves? IBEX 35 Forecast

Equity markets shrug off political unrest in search for higher return amid expected further stimulus

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Euro Latest: EUR/USD Edging Lower, Inflation Remains Weak, Sentiment Subdued

Euro edging lower amid a renewed bid in the greenback. EU inflation remains subdued.

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British Pound (GBP) Latest: USD Stabilizing, Hitting GBP/USD, EUR/USD, AUD/USD

The US Dollar is modestly higher in early European trade Thursday, hitting currencies like Sterling and the Euro, but the downward trend in USD is likely to resume.

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EU Stoxx 50 May Fall Despite Approval of Moderna Covid-19 Vaccine

Europe’s benchmark EU Stoxx 50 index may lose ground in the coming days despite the regulatory approval of Moderna’s Covid-19 vaccine as price runs into key resistance.

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Crude Oil Gains, Gold Sinks on Fiscal Stimulus Hopes Despite Capitol Hill Unrest

Crude oil prices rallied with equities despite a clash on Capitol Hill.Gold fell as Treasury yields climbed on more fiscal stimulus prospects. What are key levels to watch for ahead?

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Mexican Peso Outlook at the Mercy of US Economic Trends

Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

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Dow Jones Climbs on Democratic Sweep, Nikkei 225 and ASX 200 Open Higher

The Dow Jones and S&P 500 climbed on a likely Democratic win of the two Georgian Senate seats, brightening the prospect for stimulus and infrastructure spending.

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Australian Dollar, S&P 500 May Rise as Georgia Senate Race Boosts Stimulus Bets

The Australian Dollar may rally with the S&P 500 despite Capitol Hill’s temporary lockdown as markets welcome fiscal stimulus prospects after Democrats likely won both Senate seats in Georgia.

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USD Price Outlook: US Dollar Mixed Amid Clash on Capitol Hill

The US Dollar lacked clear direction during Wednesday's trading session as USD price action gyrated in response to surging Treasury yields and disconcerting developments on Capitol Hill.

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FTSE 100 Forecast: Can the Bullish Break Out Continue Post-Brexit?

The FTSE 100 has charged higher this week, adding to gains established over the last few months. Can it continue higher now that Brexit has passed?

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AUD/USD Pushes Above April 2018 High as RSI Sits in Overbought Zone

The Relative Strength Index (RSI) indicates a further appreciation in AUD/USD as the oscillator holds in overbought territory.

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

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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Canadian Dollar Forecast: USD/CAD Falling Wedge Threatens Reversal

The past eight months have been especially bearish for USD/CAD. Jumping from a two-year-low, can bulls stage anything more than a pullback?

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EUR/USD Rate Approaches April 2018 High Despite RSI Divergence

EUR/USD clears the range bound price action from earlier this week even though the RSI diverges with price, with Euro Dollar approaching the April 2018 high (1.2414).

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US Tech Stocks Break Down, FTSE 100 Soars, USD/JPY Upside Capped - US Market Open

Democrats on Course for Blue Wave Following Georgia Senate Election

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Bitcoin (BTC) Hits New All-Time High, Ethereum (ETH) Jumps Further as Volatility Soars

The cryptocurrency buying frenzy continues with Bitcoin hitting a new ATH while a host of altcoins rack up fresh hefty gains.

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US Dollar, Nasdaq 100, US Rates React to Likely Democrat Sweep

US Dollar at Risk, Nasdaq 100 Breaks Down, US Rates Soar After Key Level is Breached.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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British Pound (GBP) Latest: GBP/USD Rides the Wave Higher on Georgia Votes

The US Democrats look well placed to win both Senate seats on offer in Georgia, giving them effective control of both Houses of Congress, sending USD lower and currencies like GBP higher.

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Nasdaq 100 Staggers Lower as Democratic Sweep in Georgia Looks Likely

The tech-heavy Nasdaq 100 index could be at risk of extended losses as a Democratic “Blue Wave” becomes increasingly likely and price begins to challenge pivotal uptrend support.

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Gold, Copper Prices Retreat amid Tight Races in Geogia's Senate Runoff Election

Gold and copper prices receded from their recent highs as investors await Georgia Senate runoff election results. An initial Democratic lead narrowed. The US Dollar rebounded from a two-and-half ye...

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USD/CNH,AUD/USD Unfazed on Chinese PMI Report, Eyeing US Senate Runoffs

USD/CNH and AUD/USD are eyeing US Senate runoffs after Chinese services PMI data for December showed signs of strength as the country looks to rebuild and rebound from the COVID-19 pandemic.

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Hang Seng Index Edges Higher as Dow Jones Rebounds With Crude Oil

Crude oil prices advanced 5% after Saudi Arabia surprised markets with a production cut. Wall Street stocks closed broadly higher led by material and energy sectors and much stronger manufacturing ...

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Japanese Yen Price Outlook: AUD/JPY, CAD/JPY, NZD/JPY Levels to Watch

The Japanese Yen could be at risk of extended losses, as price hovers precariously above sentiment-defining support. AUD/JPY, CAD/JPY, NZDJPY levels to watch.

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Australian Dollar Outlook: Chinese PMIs, U.S. Runoff Elections in Focus

Upcoming Chinese PMI data and Georgia's Senate runoff elections in the United States look set to dictate sentiment over the next 24 hours with AUD/USD running to the upside

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AUD/USD Rips, USD/CAD Swoons as US Dollar Eyes Senate Runoff

The US Dollar pivoted lower on Tuesday and reversed the prior session's rebound with Georgia senate runoff election results in focus. AUD/USD advanced decisively while USD/CAD edged lower.

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Nasdaq 100, Dow Jones, S&P 500 Look to Georgia Senate Runoff

US indices have begun the year with a volatile start, fluctuating significantly as covid concerns and political uncertainty take turns influencing sentiment.

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NZD/USD Clears 2020 High to Push RSI Towards Overbought Territory

NZD/USD may continue to exhibit a bullish behavior as it clears the 2020 high (0.7241), while the Relative Strength Index (RSI) flirts with overbought territory.

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Mexican Peso Forecast: Coiling, Awaiting Next Downside Move - Levels for USD/MXN Rate

Unlike other FX pairs, USD/MXN has yet to see meaningful volatility in the first trading days of 2021.

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British Pound Techs: GBP/USD Two-Year-Highs, GBP/JPY Wedge Break

Sterling started the year on a strong note. But that turned around yesterday, begging the question as to whether bulls will be able to retain the reins of the British Pound.

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USD/CAD Rate Outlook Mired by Break Below 2020 Low

USD/CAD may remain under pressure ahead of Canada’s Employment report as the exchange rate takes out the 2020 low (1.2688).

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December ISM Manufacturing PMI Strongly Beats Expectations

ISM Manufacturing PMI Report for December set a pandemic record, showing continued expansion in the manufacturing sector despite increasing economic challenges elsewhere.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Markets Braced for Georgia Senate Election Risk, Crude Oil Eyes OPEC - US Market Open

A continuation of equities remaining defensive. Georgia Senate runoff presents key risks, while oil looks to OPEC+

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EUR/GBP Price Outlook: EURGBP Post-Brexit Price Action

EUR/GBP has produced numerous long wicks in the lead up to the December 31st Brexit deadline but how is price action likely to play out at the start of 2021?

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EUR/USD Continues to Press Higher, Eyes 1.2556 Multi-Year High

The ongoing weakness of the US dollar is allowing EUR/USD to push higher with little on the daily chart stopping the pair from printing a fresh multi-year high.

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USD/ZAR Outlook: Breakout Possibility Ahead for Rand Bulls

With vaccine optimism in the limelight, how will Rand price action unfold in 2021?

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Gold Price Analysis: Key Gold Levels to Watch Amid Georgia Senate Runoff Risk

A new year, but the same narrative continues to drive financial markets . All eyes on Georgia Senate runoff.

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FTSE 100 Forecast - Support Holds Despite Renewed Lockdown

The FTSE is holding on to positive momentum as the path of least resistance continues to be higher

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British Pound (GBP) Latest: GBP/USD Resumes Advance as England Enters Lockdown

News that England is moving back into lockdown because of rising Covid-19 infections has been well received by GBP traders, lifting GBP/USD modestly after Monday’s falls.

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Canadian Dollar Outlook: USD/CAD May Fall Ahead of Employment Data

USD/CAD rates may continue to slide lower as the rollout of multiple coronavirus vaccines and substantial fiscal support buoys Canadian consumer confidence.

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Crude Oil Prices Testing Key Chart Support Ahead of OPEC+ Meeting

Crude oil prices retraced to a key chart support level as markets await production guidance from an OPEC+ meeting amid souring sentiment. A national lockdown in the UK weighed on the demand outlook.

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Natural Gas Prices Bounce on Colder U.S. Temperatures, Will it Last?

Natural gas bulls are off to an optimistic start to 2021, with a colder temperature outlook across the Southwestern United States Boosting sentiment. Price action now sits near the 100-day Simple M...

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How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

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Australian Dollar Outlook: Surging Iron Ore Prices to Underpin AUD

The Australian Dollar seems poised to outperform its major counterparts in 2021, on the back of surging iron ore prices and the nation’s success in stifling the novel coronavirus.

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ASX 200, Nikkei 225 May Follow S&P 500 Lower on Further Lockdowns

All three major US stock indices closed sharply lower on the first trading day of 2021 as surging coronavirus cases and new lockdowns weighed on sentiment. Gold prices climbed alongside the VIX vol...

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US Dollar, Yen and Gold Rise as Wall Street Stocks Swoon to Start 2021

The anti-risk US Dollar and Japanese Yen rose as stocks plunged at the start of 2021. Gold prices gained as bond yields fell. Runoff elections in Georgia are now in focus.

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US Dollar Volatility Spikes as GBP/USD Tumbles, USD/CAD Climbs

The US Dollar finished flat for the first trading session of 2021, though volatility is accelerating into the new year. GBP/USD spiked lower and USD/CAD climbed while EUR/USD eked out a small gain.

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FX Week Ahead - Top 5 Events: Georgia Senate Runoff Elections; Eurozone & Mexico Inflation; Canada & US Jobs

The first week of a new month and a new year brings an acute focus on the North American currencies and economies.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Gold Price Forecast: XAU/USD Surges Up to Fibonacci Resistance

Gold is starting the New Year in a big way with a strong bullish breakout.

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