Monday, 30 November 2020

British Pound (GBP) Outlook - GBPUSD Struggles Despite Ongoing US Dollar Weakness

The US dollar is trading at its lowest level since April 2018 but GBPUSD remains listless as Brexit talks continue

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IBEX 35, CAC 40 Forecast: Possible Signs of Exhaustion as Year End Approaches

European equities are a touch softer this morning as best month in history comes to an end

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Sunday, 29 November 2020

DAX 30 Index May Fall as Germany Extends Nationwide Partial Lockdown

Germany’s benchmark DAX 30 index is at risk of a short-term pullback as Chancellor Angela Merkel moves to extend the nation’s ‘partial’ lockdown until December 20.

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Crude Oil Prices Retreat ahead of OPEC+ Meeting, US Blacklists CNOOC

Crude oil prices retraced from recent highs, weighed by a possible failure to agree on a delay in production hikes among OPEC+ members and the US blacklisting Chinese energy giant CNOOC.

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Nasdaq 100, Hang Seng Weekly Open: Markets Recede from Recent Highs

Asia-Pacific stocks trade broadly lower on the last trading day in November, retracing from recent highs. A vaccine-led rally appears to be overstretched, calling for profit-taking.

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Australian Dollar Dismisses Positive Chinese Data as US Blacklists SMIC, CNOOC

The Australian Dollar initially pushed higher on the back of positive Chinese PMI data before the Trump administration's move to blacklist SMIC and CNOOC propelled the trade-sensitive currency lower.

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US Dollar and Yen Down as Stocks Rise, Crude Oil Down on OPEC+

The anti-risk US Dollar and Japanese Yen fell as stocks aimed higher at the start of the global grading week. Crude oil prices fell after OPEC+ officials failed to agree on an output cut extension.

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Markets Week Ahead: S&P 500, U.S. NFP, RBA, OPEC Meeting, Gold, UK-EU Negotiations

U.S. equity markets reached record highs as rising Covid cases fall to the back of investors minds following several positive vaccine headlines. Meanwhile, UK-EU negotiations are approaching the de...

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US Dollar Forecast: USD Faces Immediate Downside Risks on Month-End Flows

A liquidity thinned week has had the USD on the backfoot with the greenback now below 92.00.

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Saturday, 28 November 2020

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

Whilst bullish momentum remains in equity markets after an impressive month of November, overbought conditions are beginning to show

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Euro Forecast: More Upside for EUR/USD, Or is 1.20 the Limit?

Traders in the Euro have a big decision to make this weekend: if EUR/USD hits 1.20, will it continue to advance, consolidate or fall back?

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Friday, 27 November 2020

Gold Price Forecast: Dovish FOMC Could Underpin Bullion Ahead of NFP

Gold prices could claw back lost ground ahead of the non-farm payrolls report for November, buoyed by a dovish FOMC, falling real yields and rising inflation expectations.

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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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Black Friday & the Stock Market: Economy, Consumers & Shares

From the Black Friday stock market crash to retail frenzy, what does Black Friday mean for retail?

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Stock Market Holiday Calendar 2020/21

What holiday-related events impact the stock market? Find out in our annual holiday calendar.

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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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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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Crude Oil Price Outlook: Oil Price Volatility to Rise Amid Key OPEC Meeting

OPEC+ meeting is scheduled to take place Nov 30-Dec 1, where market consensus is for a 3-month rollover of existing oil cuts.

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USD/MXN Eyeing Key Support for Further Downside Momentum

USD/MXN looks for a sustained break below 20.00 as momentum seems oversold

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British Pound (GBP) Latest - Hitting Resistance as Brexit Talks Continue

Sterling continues to price-in a positive outcome from the ongoing EU/UK trade talks but GBP needs more than hope if it is to continue the move.

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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...