Wednesday, 18 November 2020

CAC 40 Forecast: Ready to Overcome Key Fibonacci Resistance

European equities outperform the US as they have greater room to grow from coronavirus-led drops

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US Dollar Sell-Off Continues, USDJPY Falls Back Below 104.00

USDJPY has fallen back below 104.00 on a combination of dollar sellers and Yen buyers with the greenback eyeing a near three-year low.

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British Pound (GBP) Latest: GBP/USD Trend Higher May Persist After UK Inflation Data

UK inflation data came in above expectations, suggesting the recent climb in GBP/USD will continue unless the EU-UK talks on their post-Brexit relationship stall.

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USD/CAD Rates May Resume Downtrend on Positive Inflation Data

The USD/CAD exchange rate may continue to slide lower on vaccine optimism and resilient crude oil prices ahead of Canadian consumer price growth data for October.

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Tuesday, 17 November 2020

Gold Prices Threaten Chart Support, Singapore's Bullion Shipments Plunge

Gold pricesedged lower, threatening chart support below US$ 1,900 as Covid-19 vaccine hopes weighed on prices. Singapore registered a large fall in bullion exports in October.

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Silver Price Analysis: XAG/USD Struggles to Rise Despite Ailing US Dollar

Despite a relatively weak US Dollar lately, silver prices have come under pressure in recent weeks. The ongoing fiscal stalemate in Congress amid rising Covid cases is having a negative effect on i...

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ASX 200 Defies Gravity as Dow Jones Falls, Thailand Rate Decision in Focus

All three major US indices retraced from their recent highs as a vaccine-led rally faded. Asia-Pacific markets opened in mixed tone, with the Bank of Thailand interest rate decision among the top e...

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Japanese Yen Outlook: AUD/JPY, NZD/JPY Drop as Falling US Yields Lift Yen

The Australian and New Zealand Dollars fell against the Japanese Yen as traders took a step back from positive vaccine headlines. A drop lower in U.S. Treasury yields may help explain recent Yen st...

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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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Gold Price Forecast: XAU/USD Consolidation Continues as Range Holds

Recent gold price action has seen the precious metal fluctuate between two technical barriers and with few fundamental catalysts on the horizon, the pattern may continue in the days ahead.

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AUD/USD Tests Monthly High as Bullish Price Pattern Takes Shape

Recent price action points to a further appreciation in AUD/USD as the exchange rate carves a series of higher highs and lows.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD

The US Dollar continues to grasp on to a longer-term trendline, and sellers have had ample opportunity to push for that downside 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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EUR/USD Forecast: Bullish Price Pattern Brings Monthly High on Radar

EUR/USD appears to be on track to test the monthly high (1.1920) as the exchange rate extends the series of higher highs and lows from the previous week.

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USD Price Outlook: US Dollar Slides as Treasury Yields Retreat

US Dollar edges lower against key FX peers like the Euro, Sterling, and Yen as Treasury yields peel back owing to the prospect that the Federal Reserve might tweak its bond buying program.

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S&P 500 Dips on Soft US Retail Sales, Raising Likelihood of Fed QE Twist

US retail sales softer across the board, S&P 500 dips back to 3600. Fed QE twist expected in December.

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Market Sentiment Still Positive on Vaccine Hopes | Webinar

Trader confidence remains high, despite some profit-taking, on hopes that the coronavirus vaccines announced in the past 10 days will bring the pandemic under control.

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FTSE MIB Forecast: Further Growth Potential for Undervalued Stocks

Increased demand for cheap and leveraged stocks points to a continuation of capital rotation

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Gold Price Outlook - Overcome by Indecision, Range Trading to Continue

A general risk-on theme continues to cap the upside for gold and with US bond yields on the move higher, the precious metal may struggle in the short-term.

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British Pound (GBP) Latest: GBP/USD and FTSE 100 at Mercy of Brexit Headlines

Yet another crucial week lies ahead for the EU-UK negotiations on a post-Brexit trade deal and that suggests both GBP/USD and the FTSE 100 will be buffeted by headlines from the talks.

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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...