Wednesday, 13 January 2021

ASX 200, Hang Seng Index Eye China Trade Data. S&P 500 on the Defensive

The S&P 500 index rose slightly overnight, led by defensive sectors including utilities, real estate and information technology. Asia-Pacific investors eye China’s trade balance for clues on a reco...

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AUD/NZD Aims Higher with Chinese Economic Data in Focus

Treasury yields fell after strong auction demand on the 30-year bond as Wall Street moved higher. Meanwhile, AUD/NZD may be poised for further upside with bullish technical signals on the horizon.

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US Dollar Outlook: USD Price Action Eyes Biden Stimulus Proposal

The broader US Dollar edged higher on Wednesday despite a deeper pullback in Treasury yields. USD price action turns to president-elect Biden who is due to release details of his fiscal stimulus pl...

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Gold Price Forecast: Rising Yields Threaten XAU/USD as Technicals Sour

Gold has seen a prolonged decline since its August peak, establishing a series of lower highs and lower lows in the process. As treasury yields rise, gold may lose some of its remaining luster.

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AUD/USD Rate Outlook Hinges on Break of January Opening Range

AUD/USD preserve the opening range for January as it breaks out of the series of lower highs and lows from the previous week.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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Bitcoin (BTC) Builds for the Next Big Break, BTC/USD Levels

Is Bitcoin a bubble in process of bursting, or is this a simple pullback on the way to fresh higher-highs?

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USD/CAD Trades in Defined Range as US Dollar Tracks Risk Sentiment

Swings in risk appetite may sway USD/CAD ahead of the BoC’s first meeting for 2021 as the US Dollar still reflects an inverse relationship with investor confidence.

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Euro Hit by Italian Political Risks, GBP Gains Despite Firm USD - US Market Open

Markets slightly softer, while GBP gains despites firm USD.

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Gold Price Outlook: Awaiting Breakout as Support Holds for Now

All eyes on bond yields for near-term directions for gold. Support holds for now, however, upside remains capped.

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Natural Gas Outlook: Supply Chain Disruptions Boost LNG Spot Prices

Natural Gas strong start to the year has brought prices to key historical levels. Will fundamentals continue to support higher prices or will resistance hold?

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FTSE 100 Stagnates as Investors Look for Guidance on Inflation Concerns

Equities continue to trade with caution as US CPI figures are expected to shed a light on inflation concerns

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EUR/GBP Price Outlook - Testing Multi-Week Lows as Important Support Levels Breakdown

Euro Sterling has been on a downward trajectory since late December and this week broke below some important technical indicators.

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British Pound (GBP) Latest: GBP/USD Benefiting From Weak USD, Treasury Yields

GBP/USD has now recovered all the ground lost last week, benefiting from a weaker US Dollar prompted by lower Treasury yields following their previous strong rise higher.

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Tuesday, 12 January 2021

US Dollar May Resume Slide as Yields Turn Lower on Strong Treasury Demand

Strong demand for US 10-year Treasuries and the reiteration by several Federal Reserve members that the central bank is not looking to taper its QE program may halt the US Dollar’s recent recovery.

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Crude Oil Prices Hit 11-Month High on Reflation Hopes, Falling Stockpiles

Crude oil prices reached their highest level since Feb 2020 on reflation hopes and a large draw in crude inventories from the latest API report. A weaker US Dollar and a flattening Treasury yield c...

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Nasdaq 100 Rebounds with Falling USD. Will Hang Seng, ASX 200 Follow?

Wall Street stocks closed marginally higher overnight, led by energy and material sectors. The US Dollar retreated alongside Treasury yields. Asia-Pacific markets look set to open slightly lower.

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Silver Price Outlook: Falling Treasury Yields Support XAG/USD

Following recent gains, US Treasury yields reversed lower, allowing silver prices to capitalize on a weaker US Dollar.

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US Dollar Price Outlook: Emerging Market Currencies Face Rising Treasury Yields

The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United States.

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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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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...