Tuesday, 12 January 2021

Bitcoin (BTC/USD) Bulls Bite the Bullet

Bitcoin price action fights to pursue bullish continuation

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Technical Forecast - CAC 40, IBEX 35 Levels to Watch

Find out the key levels to watch this week in the CAC and IBEX as global stocks trade with caution

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British Pound (GBP) Latest: GBP/USD Steadies After Brief Sell-off

The recovery in the US Dollar over the last few sessions is looking increasingly like a short-term corrective move as GBP and other currencies steady Tuesday, perhaps prior to a new leg higher.

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Monday, 11 January 2021

S&P 500 May Slide Lower on Fed Taper Talk Ahead of Inflation Release

The S&P 500 index could come under pressure in the near term as several members of the Federal Reserve hint that the central bank may taper its QE program by the end of 2021.

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Natural Gas Forecast: Prices Boom on Binary Cold Weather Events

Natural gas prices received a boost from a colder than average U.S. temperature outlook after abnormally cold weather across Northeast Asia placed pressure on regional LNG suppliers.

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Bitcoin, Ethereum Outlook: Short-Term Correction or Has The Bubble Burst?

Bitcoin and Ethereum have sank lower in recent days as risk appetite across financial markets notably fades. Is this just a mere short-term pullback or has the cryptocurrency bubble finally burst?

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ASX 200, Nikkei 225 Outlook: Pressure from Rising Yields, Stronger USD

All three major US stock indices retreated from recent highs as rising yields and pandemic concerns weighed on sentiment. Asia-Pacific stocks look set to trade lower. Bitcoin prices tumbled.

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New Zealand Dollar Hit on Rising US Yields, Regulation Risks. More to Go?

The risk-sensitive New Zealand Dollar dropped alongside US equities as rising Treasury bond yields threaten sentiment.

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US Dollar Outlook Brightens Amid Rising Yields, Volatility

The US Dollar strengthened broadly on Monday as Treasury yields extended higher and market volatility accelerated. Can USD price action prolong its rebound or will bearish headwinds prevail?

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Nasdaq 100 Forecast: Stock Leaders Take Backseat as Bond Yields Rise

Stocks opened lower for the week with the technology sector, and tech-heavy Nasdaq, leading declines. As yields rise and equity alternatives grow, some hot stocks could come under further pressure.

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FX Week Ahead - Top 5 Events: China New Yuan Loans, Fed Speeches, US Inflation Rate & Retail Sales, UK GDP

The second week of the year sees activity pick up on the economic calendar, with the focus still remaining on the United States economy.

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AUD/USD January Opening Range in Focus as RSI Sell Signal Emerges

AUD/USD may threaten the opening range for January as the Relative Strength Index (RSI) falls back from overbought territory to indicate a textbook sell signal.

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Gold Price Forecast: XAU/USD Grasps for Support After Bearish Engulf

Gold got grounded last week and finished with a bearish engulfing pattern. Can sellers drive Gold to fresh lows?

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Oil Forecast: Crude Price Rally Susceptible to RSI Sell Signal

The Relative Strength Index (RSI) may indicate a textbook sell signal for the price of oil if the oscillator slips below 70.

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GBP/JPY Price Analysis: GBPJPY Under Pressure Amid Harsher Lockdown

GBP/JPY retracement may find support and continue its range-bound sequence but a harsher UK lockdown could weigh heavily on the Sterling

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USD/ZAR Outlook: Key Resistance Holds After Rands Counter Trend Move

Last weeks surprise 4.34% spike on USD/ZAR has since been consolidating after South Africa locks in initial COVID-19 vaccines. Is the Dollar rally over or will the Rand bounce back?

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US Dollar Correction Continues, GBP Dips, Gold Upside Capped - US Market Open

US Dollar correction persists, GBP falls to daily lows, US equity futures softer and gold bounces off short-term support.

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EUR/USD Price Outlook - Short-Term US Dollar Strength Pushes EUR/USD Lower

US Treasury yields continue to push higher, giving the US dollar a slightly better bid against the Euro.

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FTSE 100 Weekly Look Ahead: Can the FTSE 100 Outperform in 2021?

FTSE 100 off to a strong start to 2021, reduced political headwinds and reflationary exposed sectors may see index outperform.

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Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) Slump - Cryptocurrency Market Hammered

The cryptocurrency market fell sharply over the weekend with most of the main coins showing heavy double-digit losses.

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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...