Thursday, 28 January 2021

VIX Fear Gauge Hits a Three-Month High, GameStock and AMC Fire Up Volatility

The VIX fear gauge jumped yesterday to its highest level since late October, before drifting lower today, as reddit retail traders pumped volatility on Wall Street

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DAX 30 Pressured to the Downside as Volatility Becomes an Issue

European equities open lower as they continue the sell-off from yesterday

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US Dollar Aims Higher as Liquidation Sweeps Global Stock Markets

The US Dollar is aiming higher as liquidation continues across global stock markets, boosting demand for the world’s most liquid form of cash.

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British Pound (GBP) Latest: GBP/USD Under Downside Pressure, Support Tested

GBP/USD is again testing support at a trendline that marks the lower boundary of a rising channel in place since January 11. If it breaks through, the near-term outlook will turn bearish.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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Wednesday, 27 January 2021

Crude Oil, Gold Prices at the Mercy of Risk Trends Ahead of US GDP Data

Crude oil and gold prices are at the mercy of risk trends following the worst day on Wall Street in about 3 months. Will fourth-quarter US GDP data bring back calm into the markets?

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IBEX 35 Forecast: Coronavirus, IMF Outlook Paint Bleak Picture for Spain

Spanish equities continued their sluggish start to 2021, as Covid fears and slow vaccination rollouts preempted a broader sell-off of risk assets across continental Europe.

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Natural Gas Rallies on Colder Temperature Outlook, EIA Report in Focus

Natural gas prices rallied on a colder US temperature outlook, with prices breaching above a key technical level. The EIA weekly storage report may decide where prices go next.

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S&P 500 Leads Nikkei 225, ASX 200 Lower as Volatility Spikes

All three major US indices tumbled on Wednesday as short squeezes in GameStop and AMC Entertainment appeared to have triggered broad selling on Wall Street. Apple and Facebook earnings beat expecta...

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NZD/USD, AUD/USD, USD/CAD Waver to FOMC-Induced Greenback Rally

US Dollar strength continued after the Federal Reserve interest rate decision, sinking risk-sensitive currencies like the New Zealand Dollar as traders reassessed market conditions.

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US Dollar Outlook: EUR/USD Under Pressure as Volatility Ramps

EUR/USD price action edged notably lower on Wednesday amid broad-based US Dollar strength as volatility spiked and Fed Chair Powell cautioned markets about a slowing economic recovery.

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Nasdaq 100 Forecast: Bears Battle Retail Traders as Tech Earnings Arrive

Despite a Fed meeting and earnings from some of the market’s largest companies, the finance world was glued to a few single-name stocks that continue to soar. Still, broader sentiment has deteriora...

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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Oil Price Reverses Ahead of Weekly Low as US Crude Inventories Fall

The price of oil bounces back ahead of the weekly low ($51.82) as fresh data prints coming out of the US show an unexpected contraction in crude inventories.

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Gold Price, Dow, DXY React to January 2021 Fed Rate Decision

The Federal Reserve just released its January 2021 monetary policy update. How is the latest Fed announcement weighing on gold, the Dow Jones, and US Dollar?

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Bitcoin (BTC) Bulls Bid Support, Refuse to Surrender

Bitcoin (BTC) prices continue to consolidate as price action highlights a crucial zone

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Canadian Dollar Price Outlook: USD/CAD Breaks Out Ahead of the Fed

USD/CAD pushed up to a fresh two-week-high ahead of the Federal Reserve rate decision - can bulls continue to push?

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Gold Price Remains Vulnerable as US Treasury Yields Continue to Fall

The price of gold may continue to give back the rebound from the monthly low ($1803) as long as the weakness in longer-dated US Treasury yields persists.

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ECB Elevates Currency War Risks, Retail Traders Claim Short Squeeze Victory - US Market Open

Euro talked down by ECB, US Dollar tracking higher, AUD fails to find inflation lift.

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Sentiment Snapshot (UK): FTSE, GBP/USD, GBP/JPY

This report covers recent price action (UK) in the context of retail client positioning for IG and tends to focus on trending markets or extremely one-sided sentiment

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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...