Saturday, 19 December 2020

Japanese Yen Fundamental Forecast 1Q 2021: a Haven When Few Want it

The anti-risk Japanese Yen is vulnerable heading into the first quarter as global stimulus continues to cool market volatility, boosting stocks. What are risks that may end up boosting JPY?

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Sterling Q1 2021 Forecast: GBP/USD Closing a Tumultous Year on the Front Foot

Sterling’s technical analysis has played second fiddle to overarching fundamentals in the past year, but that may change in the first quarter of 2021.

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Euro 1Q 2021 Forecast: Can the ECB Curb the Euro's Strength?

The European Central Bank has made clear that it does not want to see EUR/USD above the 1.20 mark, once seen as its ‘line in the sand’ for the pair. But it’s hard to see what it can do about it.

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US Dollar 1Q 2021 Forecast: Safe Haven Status Versus Fading Growth Position

The US Dollar has put in for the worst performance of the G10 currencies through the final quarter of 2020. Facing an even deeper slide after recent critical technical breaks can relative growth or...

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Crude Oil 1Q 2021 Forecast: Covid to Clash with Vaccine Rollout

Crude oil prices soared these last two months largely thanks to improving global GDP growth outlook, but the commodity could face hurdles headed into 2021 as covid clashes with vaccine rollouts.

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Friday, 18 December 2020

Australian Dollar 1Q 2021 Forecast Upbeat as RBA Rejects Negative OCR

The Australian Dollar may continue to outperform its US counterpart in 2021 as the RBA continues to rule out a negative interest rate policy (NIRP).

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Sterling Q1 2021 Forecast: Starting to Look a Better Prospect

The first quarter of 2021 looks set to be an intriguing, and volatile, three months for sterling-denominated assets and traders

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Financial Stocks Rise as Fed Clears Path for Banks to Resume Buybacks

The Federal Reserve's stress test results for the U.S. banking system pushed financial stocks higher in after-hours trading Friday afternoon with the assessment clearing a path for banks to begin i...

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US Dollar 1Q 2021 Forecast: Safe Haven Status Versus Fading Growth Position

The US Dollar has put in for the worst performance of the G10 currencies through the final quarter of 2020. Facing an even deeper slide after recent critical technical breaks can relative growth or...

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Three Trading Types and How They Influence the Market

We look at the three trading types and how they influence the market.

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EUR/USD Rates to Watch Following Break of Monthly Opening Range

EUR/USD has broken out of the opening range for December and the exchange rate may continue to appreciate as long as the RSI holds in overbought territory.

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EUR/GBP Tightens its Range as Brexit Showdown Approaches Deadline

EUR/GBP remains highly volatile as Brexit headlines remain at the forefront

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DAX 30, FTSE 100 Technical Outlook Remains Overbought

The DAX 30 is strongly overbought as it nears its all-time high whilst the FTSE 100 sees stronger resistance

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British Pound (GBP) Update - Sterling Staring at a Make-or-Break Brexit Weekend

The European Parliament has set Sunday evening as the last moment for approving a Brexit deal this year, leaving both sides under increasing pressure.

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Thursday, 17 December 2020

Gold, Crude Oil Price Gains at Risk on US Shutdown and SMIC Blacklisting

Gold and crude oil prices climbed, though momentum faded as the risk of a US government shutdown loomed. The remaining 24 hours for precious metal and commodity prices may be choppy.

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Bitcoin, Ethereum Price Outlook: BTC/USD, ETH/USD Aims For Key Resistance

Bitcoin broke the $20,000 mark on Wednesday and subsequently rocketed over the 23,000 level before upside pressure abated. Ethereum now appears poised for higher highs following the crypto mania.

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ASX 200, Nikkei 225 Rally Taking a Pause Despite Record High in S&P 500

Asia-Pacific stock indices are set for a minor pullback despite a record session on Wall Street overnight. The Federal Reserve’s accommodative stance and stimulus hopes buoyed sentiment, sinking th...

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Australian Dollar Outlook: Surging Iron Ore Prices Push AUD/USD Higher

The Australian Dollar broke above 0.7600 amid surging iron ore prices and a better-than-expected AU jobs report. Meanwhile, U.S. stimulus talks progressed amid record-breaking Covid figures.

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USD Price Outlook: US Dollar Free Fall Reignited by Dovish Fed

The US Dollar took a nosedive during Thursday's trading session as global markets digested more dovish commentary from the Federal Reserve. Will USD price action slide further or is selling overdone?

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Gold Price Forecast: XAU/USD Jumps to Monthly High, Aims Higher

Gold lurched to a 4-week high following the December FOMC rate decision at which Fed Chairman Jerome Powell issued remarks that bolstered the precious metal’s outlook.

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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...