Monday, 28 December 2020

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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Dow Jones, Nasdaq 100 Forecasts for the Week Ahead

The Dow Jones and Nasdaq 100 have floated higher amid the holiday season as bullish sentiment remains even amid the quiet sessions. Here are the levels to watch in the week ahead.

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Gold Price Flirting with Potential Breakout Above $1,900

Gold prices have rallied over 5% so far this month as precious metals stage a bullish recovery off recent lows, but can gold price action eclipse technical resistance posed by the $1,900-level?

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Brexit Latest: Deal Fails to Inspire GBP/JPY, GBP/USD Breakouts

It’s the first full trading day since the Brexit deal was announced and the British Pound is trading…lower?

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Bitcoin Price Forecast: BTC/USD Soars to New Heights. Where to Next?

Bitcoin surged to record levels over the quiet holiday period, briefly trading above the $28,000 mark. With new levels reached and an optimistic outlook, what is the next major price barrier?

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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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How to Trade the Euro, NOK and SEK Using the Core-Perimeter Model

A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model

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Sunday, 27 December 2020

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 Prices Rise as Trump Signs Stimulus Package, USD Weakens

Gold prices jumped on Monday as President Trump signed a long-waited US stimulus package and government spending bill. The US Dollar fell while risk assets enjoyed a relief rally.

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AUD/USD, Iron Ore and Copper Prices May Rise on Chinese Industrial Profits

Chinese industrial firms posted a seventh consecutive month of profit growth this week which may support copper and iron ore prices into the new year. AUD/USD rose above trendline support, nearing ...

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S&P 500, Hang Seng Weekly Open: Alibaba Probe Weighs on Sentiment

Stock markets are set to open mildly higher on stimulus and vaccine hopes in Asia-Pacific trade. Chinese tech stocks tumbled after Beijing initiated an antitrust probe into Alibaba, weighing on the...

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Copper 1Q Forecast: May Rise Further as Post-Covid Economic Outlook Clears

Copper may continue to rise into fresh multi-year highs as fundamental drivers appear set to strengthen in 2021.

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CNH 1Q Forecast: Vaccines and Biden’s Presidency May Threaten Yuan’s “One Way” Trajectory

A potential rebound in the US Dollar as a result of stronger fundamentals and inflation overshoot may lead to a reversal of EM currencies’ bullish trend. More importantly, a possible reigniting of ...

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MXN 1Q Forecast: Mexican Peso Outlook - USD/MXN Bearish in 2021 as Recovery Persists

The Mexican Peso looks positioned for a prolonged advance against the US Dollar in 2021. This could present bearish USD/MXN trading opportunities with the Mexican Peso possessing potential to exten...

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JPY 1Q Forecast: 2021 Could be the Year JPY Wakes Up

The place to be next year could be JPY, as the charts become increasingly “dead” and coiled up. USD/JPY and EUR/JPY are a couple of charts that hint at possibly making big moves.

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AUD 1Q Forecasts: Key Market Trends to Watch for in 2021 FX Market - Long AUD/USD and AUD/JPY

The Australian Dollar may continue to outperform against its US counterpart as the continuation pattern gains traction ahead of 2021. The improvement in investor confidence has also spurred a recov...

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AUD, NZD 1Q Forecasts: Commodity Currency Breakout in 2021? Cyclical Upturn Ahead for AUD & NZD

2021 could prove to be the start of a commodity-currency bull market, as long-term price analysis suggests a cyclical shift may be afoot for AUD, NZD against the haven-linked USD.

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CAD/JPY 1Q Forecast: Long CAD/JPY - Time to Start Mending the Global Economy

A long CAD/JPY trade hopefully benefits from the nascent economic recovery. I’m looking for both sides of the FX-pair to perform with the Canadian dollar appreciating alongside an uplift in the pri...

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Saturday, 26 December 2020

EUR/USD 1Q Forecast: US Dollar May Rebound vs. Euro as Fed, ECB Policies Diverge

One major central bank unlikely to pace the Fed is the ECB. A yawning gap between US and Eurozone breakeven rates underscores this, suggesting that the Euro may turn lower as the global monetary po...

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JPY 1Q Forecasts: Range USD/JPY 7-Year Wedge, Bullish GBP/JPY Post-Brexit Break

Looking into 2021, I’m interested in the gravity of USD/JPY’s range and the contrast for multiple scenarios to a GBP/JPY climb.

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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...