Thursday, 12 November 2020

Three Trading Types and How They Influence the Market

Exploring the three trading types of Dabbler, Hobbyist and Pro - and a trading outlet for volatile markets.

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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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Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

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EUR/USD, USD/JPY Outlook: Narrative Tug of War Between COVID Vaccine and COVID Cases

FX markets in limbo with ranges holding while EUR firms on EUR/GBP buying.

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Bitcoin (BTC) Jumping to a Fresh Multi-Year High on Increased Volatility

Bitcoin continues to move higher and is set to break back above $16,000 for the first time since January 2018. This move may have further to go.

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FTSE Outlook: Vaccine Hopes Give Way to Caution, UK Politics Dampen Spirits

The key question for traders in London-listed stocks is whether their recent strength was really a rotation into value stocks or merely short-covering.

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Nasdaq 100 Index Carving Out Bull Pennant Ahead of US Inflation Data

The tech-heavy Nasdaq 100 index could be poised to break higher as prices carve out a Bull Pennant continuation pattern ahead of US inflation data for October.

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EUR/GBP and GBP/USD Unfazed by Outdated Record Q3 GDP Growth

Q3 UK Growth Sees Unsurprising Record Rise, However, Q4 Looks Set to Contract After Renewed National Lockdown

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Wednesday, 11 November 2020

Gold Prices Still Vulnerable, Crude Oil Focuses on Covid Over OPEC+ Output

Gold prices slightly weakened as the US Dollar gained, a bearish ‘Death Cross’ remains in play. Meanwhile, crude oil prices struggled to capitalize on OPEC+ cut extension bets, why?

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Canadian Dollar May Rise on Firming Market Sentiment, Hesitant BOC

The Canadian Dollar may continue to outperform its haven-associated counterparts amid firming market sentiment and the BoC’s hesitance to ease further.

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Mexican Peso Outlook: USD/MXN May Swing Lower on Chance Banxico Holds Rates

The Bank of Mexico interest rate decision is on tap later today. Economists largely expect a 25 basis point cut, but several no-cut forecasts exist which could open the opportunity for a volatile r...

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S&P 500 Lifted by Tech Gains, ASX 200 Eyes Key Chart Resistance

The technology sector regained strength on Wall Street, with the Nasdaq surging over 2% while the S&P 500 registered a smaller gain. The ASX 200 index may attempt to challenge a key resistance at 6...

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Japanese Yen: USD/JPY May fall as Election Gives Way to Rising Covid Cases

The Japanese Yen may strengthen, causing USD/JPY to follow a falling wedge as election headlines fade away. The Covid situation continues to evolve across the globe and Yen strength may prolong unt...

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Gold Price Outlook: Will a Covid Vaccine Kill the Bull Case for Gold?

Gold has been on a rollercoaster ride this week as it suffered a significant retracement Monday, only to begin recouping losses as the week progressed. But has the fundamental landscape changed?

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Nasdaq 100 Outlook: Tech Stocks Consolidate Before Next Move

The Nasdaq 100 has been subjected to considerable volatility this week, surging near a new all-time high before falling back to support around the mid-line of September’s move. Where is it headed n...

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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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US Dollar Clings to Long-Term Trendline, Confluent Support Lurks Below

USD weakness has run through the Presidential Election, but a major area of long-term support has come into play. Can it arrest the declines in the US Dollar?

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USD/CAD Price Outlook: Canadian Dollar Strength Ebbs Near 1.30

The Canadian Dollar has been on a tear higher over the last two weeks, but USD/CAD selling pressure is starting to fizzle out as bulls defend the 1.30-price level in spite of crude oil climbing.

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Euro Forecast: Performance after US Elections, COVID-19 Vaccine is a Bad Omen for EUR/JPY, EUR/USD

The Euro has lagged most of its major peers over the past week, a concerning sign despite jubilance widespread throughout global financial markets.

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Crude Oil Price Gains May Be Overdone as Short-Term Risks Remain

Risk in Chasing Oil Prices Higher from Current Levels as Short Term Risks Remain

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...