Monday, 4 January 2021

Natural Gas Prices Bounce on Colder U.S. Temperatures, Will it Last?

Natural gas bulls are off to an optimistic start to 2021, with a colder temperature outlook across the Southwestern United States Boosting sentiment. Price action now sits near the 100-day Simple M...

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How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

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Australian Dollar Outlook: Surging Iron Ore Prices to Underpin AUD

The Australian Dollar seems poised to outperform its major counterparts in 2021, on the back of surging iron ore prices and the nation’s success in stifling the novel coronavirus.

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ASX 200, Nikkei 225 May Follow S&P 500 Lower on Further Lockdowns

All three major US stock indices closed sharply lower on the first trading day of 2021 as surging coronavirus cases and new lockdowns weighed on sentiment. Gold prices climbed alongside the VIX vol...

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US Dollar, Yen and Gold Rise as Wall Street Stocks Swoon to Start 2021

The anti-risk US Dollar and Japanese Yen rose as stocks plunged at the start of 2021. Gold prices gained as bond yields fell. Runoff elections in Georgia are now in focus.

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US Dollar Volatility Spikes as GBP/USD Tumbles, USD/CAD Climbs

The US Dollar finished flat for the first trading session of 2021, though volatility is accelerating into the new year. GBP/USD spiked lower and USD/CAD climbed while EUR/USD eked out a small gain.

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FX Week Ahead - Top 5 Events: Georgia Senate Runoff Elections; Eurozone & Mexico Inflation; Canada & US Jobs

The first week of a new month and a new year brings an acute focus on the North American currencies and economies.

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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: XAU/USD Surges Up to Fibonacci Resistance

Gold is starting the New Year in a big way with a strong bullish breakout.

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GBP/USD Slides with UK PM Johnson Expected to Announce Another National Lockdown

UK PM Johnson scheduled to address the nation at 20:00GMT. COVID threat raised to highest level.

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Bitcoin (BTC) and Altcoins Ride Wild Volatility Wave While Ripple (XRP) Remains Mired

Cryptocurrency volatility is back at extreme levels last seen in early 2018 as Bitcoin continues to hit fresh all-time highs before the altcoin market rallied hard, playing catch-up.

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Risk Events for January: Why the Georgia Senate Runoff is Key for Financial Markets

US politics dominates the calendar for January with the Georgia senate runoff elections.

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DAX 30 Forecast - Bullish Momentum Builds Despite National Lockdown Extension

The DAX 30 pushes for a new all-time high as bullish momentum increases despite continued concerns about coronavirus

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British Pound Latest - GBP Boosted by Covid Vaccine Rollout, UK Virus Cases Surge

The Oxford vaccination rollout begins today with the UK government planning to administer millions of doses within weeks

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Sunday, 3 January 2021

EUR/USD, EUR/JPY Rates Eyeing Euro-Area Inflation and PMI Figures

The Euro looks poised to extend its gains against the US Dollar and Japanese Yen despite the tightening of restrictions in several EU nations, as investors eye upcoming inflation and PMI figures.

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Gold Prices Breach Key Chart Resistance and Eye Further Upside Potential

Gold prices are trading higher on Monday amid worsening Covid-19 situations and US Dollar weakness. Prices have likely broken a key chart resistance level and opened room for further upside potential.

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ASX 200, Hang Seng Weekly Open: Rally May Pause as Pandemic Worsens

Asia-Pacific equities trade mixed as the pandemic worsens, despite hopes that central banks and governments might continue to deploy cash into 2021. Bitcoin hit US$ 33k as its exuberant rally carri...

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Bitcoin, Ethereum Outlook: Cryptos Go Parabolic, is a Correction Due?

Bitcoin and Ethereum have stormed higher since the March Nadir, on the back of extraordinary fiscal and monetary support. However, a near-term pullback could be in the offing.

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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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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...