Thursday, 28 January 2021

S&P 500 May Lead Hang Seng, ASX 200 Higher Amid Reddit Stock Frenzy

The S&P 500, Dow Jones and Nasdaq 100 indices rebounded on Thursday as several brokerage platforms restricted buying in GameStop and AMC to cool retail speculation. Asia-Pacific equities may follow...

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AUD/JPY, AUD/NZD Turn Higher on Wall Street Optimism

US equity markets bounced back on Thursday after a sharp selloff the day prior. Asia-Pacific trading is set to extend higher, with the Australian Dollar benefiting, but potential headwinds may be o...

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Bitcoin Price Forecast: Will Retail Traders Pile into Bitcoin Next?

Bitcoin bounced off support as other speculative favorites like GameStop, AMC and BlackBerry suffer staggering losses following invention from brokerages. Will Bitcoin benefit from the current clim...

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AUD/USD Outlook Mired by Failure to Retain Monthly Opening Range

Failure to retain the opening range for January may lead to a larger correction in AUD/USD as the RSI continues to track the downward trend established earlier this year.

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Silver Price Outlook: XAG/USD Breaks Out, Can Bulls Drive Rally?

Silver price put in a strong breakout this morning, even as Gold prices remain somewhat subdued. Are Silver markets nearing a more significant breakout?

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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USD/CAD Susceptible to Larger Correction as RSI Divergence Persists

USD/CAD may stage a larger correction over the remainder of the month as the RSI continues to diverge with price and tracks the upward trend from December.

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US Dollar, Gold, Silver Price Action - US Q4 GDP Matches Expectations

The first look at US GDP in Q4 saw an increase of 4%, confirmation a 2020 3.5% contraction

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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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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...