Monday, 28 December 2020

Crude Oil Prices Struggle to Hold Gains as Stimulus Enthusiasm Fades

Crude oil prices regained some strength as the US House of Representatives voted to raise pandemic relief payments to $2,000 from $600, raising prospects for fuel demand. Yet demand concerns may ca...

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Indian Rupee Forecast: Will USD/INR Reverse as CPI Brings RBI Cuts in Focus?

The Indian Rupee has been struggling to capitalize on a weaker US Dollar. Will lower inflation expectations change USD/INR’s trajectory? What are some risks the Nifty 50 is facing?

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Natural Gas Outlook: Bears in Firm Control after Warmer Weather Forecasts

Natural gas prices are on track to record the worst monthly performance since December of 2018 following warmer than expected temperature forecasts spurring a rapid selloff.

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ASX 200, Nikkei 225 Climb as S&P 500 Hits Record High on Stimulus Bill

Stock markets in Asia-Pacific are climbing as President Donald Trump signed a $2.3 trillion package containing government funding and Covid relief stimulus. All three major US indices closed at rec...

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Australian Dollar Forecast: AUD/NZD, AUD/JPY Higher on Stimulus News

Increased fiscal stimulus bets in the U.S appears to have boosted sentiment this week with the Australian Dollar being a primary beneficiary. However, AUD/NZD and AUD/JPY face thinly traded tapes a...

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USD Price Outlook: Pound-Dollar Recoils Lower, Will it Last?

The US Dollar traded mixed on Monday as GBP/USD price action dropped 110-pips while EUR/USD notched a 27-pip advance and implied volatility readings cool off during the holidays.

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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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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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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...