Tuesday, 8 December 2020

Euro Latest: EUR/USD Risks Balanced, EUR/JPY Challenges Key Trendline

EUR/USD risks more balanced, pullbacks to find dip buyers. EUR/JPY challenges multi-year resistance.

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British Pound (GBP) Latest: GBP/USD Downside Risk as EU-UK Leaders Meet

Boris Johnson and Ursula von der Leyen are to meet to try and thrash out a post-Brexit EU-UK trade deal but Sterling traders may be underestimating the chances that the talks could fail.

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Nasdaq 100 Aiming Higher On Fiscal Aid Talks Despite Covid-19 Surge

The tech-heavy Nasdaq 100 index could be at risk of a short-term pullback as rising coronavirus case numbers weigh on market sentiment. However, fiscal aid talks may limit the index’s potential dow...

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Monday, 7 December 2020

US Dollar Vulnerable as SGD, INR Gain with Emerging Markets. What are Risks?

The US Dollar sank, with the Singapore Dollar and Indian Rupee rising. Emerging markets eye external risk as the first vaccine dose is circulated. With stocks at new highs, could profit-taking shak...

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Crude Oil Price Forecast: MACD Death Cross Signals a Deeper Pullback

Crude oil prices declined for a second day amid fears of a post-Thanksgiving viral resurgence which may dampen the demand outlook. Traders expect a 1-million-barrel draw from US crude inventories.

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Natural Gas Prices May Fall Further on Warmer Weather, Technical Outlook

Natural gas prices may see further losses despite a perch above chart support after falling last week as NOAA called for warmer temperatures.

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Dow Jones Pullback Sets A Sour Tone for Nikkei 225, Straits Times Index

The Dow Jones and S&P 500 index pulled back from record highs while the Nasdaq registered a small gain amid a post-Thanksgiving viral resurgence. Singapore’s stock market saw institutional inflow s...

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Australian Dollar Outlook: AUD/USD, AUD/NZD Aim Lower on Sentiment, Technicals

US equities mostlytraded lower to start the week as fears crept back into markets over rising Covid-19 cases. Meanwhile, the Australian Dollar appears prone to further losses and AUD/NZD has formed...

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FX Week Ahead: December BOC Rate Decision and USD/CAD Rate Forecast

The December Bank of Canada rate decision will conclude on Wednesday, December 9 at 15:00 GMT.

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Nasdaq 100 Outpaces Dow Jones, S&P 500. Has The Rotation Ended?

The Nasdaq 100 enjoyed a return to form to start the week, outpacing the Dow Jones and S&P 500 as technology stocks showed signs of strength. Does this mark the end of the rotation trade?

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FX Week Ahead: November Mexican Inflation & USD/MXN Rate Forecast

The November Mexican inflation (CPI) report will be released on Wednesday, December 9 at 13:00 GMT.

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FX Week Ahead - Top 5 Events: Brexit Deal Deadline & EUR/GBP Rate Forecast

Will a Brexit deal be reached? EUR/GBP rates don’t seem to think so. But any outcome is still possible as UK PM Johnson heads to Brussels.

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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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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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Euro Rally Pauses as Brexit Lingers - Outlook Remains Bullish for EUR/USD, EUR/JPY Rates

The Euro rally has paused, but a small setback may not mean the bullish breakout attempts are finished.

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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: Gold Bulls on the Bid, XAU Rallies to Resistance

Gold put in a strong pop this morning, giving rise to the thought that buyers might be getting back in control to push the longer-term bullish cycle.

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USD/CAD Rate Rebound Vulnerable as RSI Sits in Oversold Territory

USD/CAD may extend the series of lower highs and lows from the start of the month as the RSI sits in oversold territory for the first time since June.

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Markets Week Ahead: GBP/USD, Brexit, EUR/USD, ECB, Dow Jones, Vaccine Doses

Market sentiment improved as the Nasdaq Composite, Dow Jones climbed. Investors are looking forward to Covid relief bills from the US as the world heads for its first vaccine doses. EUR/USD awaits ...

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USD/ZAR Outlook: Rand Anticipates Positive South African Q3 GDP Data

Tomorrows SA Q3 GDP data could carry the Rand toward a green December with a significant economic rebound.

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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...