Thursday, 14 January 2021

Silver (XAG/USD) Shuffles Sideways Ahead of Stimulus Announcement

Silver prices continue to trade in a range as US Treasury yields gain appeal

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What To Expect From Biden's Stimulus Package Announcement - US Market Open

Euro underperforms, equities push higher. All eyes on Powell and Biden statements

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Gold Price Outlook - The Recent Sell-Off May Not be Over Yet

Gold is struggling to make any headway this week after last week’s sharp sell-off. And the backdrop remains bearish for the precious metal ahead of the next round of US economic stimulus measures.

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USD/ZAR Outlook: Rand Pulls Back Pending Next Week’s SARB Meeting

Rand may be heading for further strength, while key South African economic data is scheduled next week.

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Japanese Yen Forecast: USD/JPY Key to Short-Term US Dollar Direction

Major FX pairs trade in choppy conditions. Eyes on Fed Chair Powell and President-Elect Biden speeches

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BTC/USD: Bitcoin Shruggs Off Lagarde's Comments, Up Above 38,000

Bitcoin continues its bullish run and pushes above 38,000 but price may see consolidation in the short-run

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British Pound (GBP) Latest: GBP/USD Stable Ahead of Biden Stimulus Package

GBP/USD, like most of the financial markets, will likely be on hold this session ahead of an expected announcement by Joe Biden of his fiscal stimulus plans and a speech by Jerome Powell.

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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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Wednesday, 13 January 2021

DAX 30 Poised to Extend Climb Despite Threat of Extended Restrictions

Germany’s benchmark DAX 30 index may continue pushing higher in the near term, despite the threat of elongated lockdown measures amid a relentless rise in Covid-19 cases.

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Gold Price Outlook at Risk to Biden Stimulus Push, Crude Oil Eyeing OPEC Report

Gold prices may be at risk after reports came out that Joe Biden may push for a USD 2 trillion stimulus package. Crude oil prices face OPEC’s monthly outlook report after oversupply concerns.

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AUD/USD Shrugs Off China Trade Data, Sinks on Biden Stimulus News

Chinese trade data for December came across the wires above expectations, but the Australian Dollar and markets are keying in on news that the incoming Biden administration is aiming for a much hig...

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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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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...