Wednesday, 10 February 2021

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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Canadian Dollar Outlook: Key USD/CAD, CAD/JPY Levels to Watch

Canadian Dollar rides the USD bearish trade. CAD/JPY momentum remains positive

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XAU/USD: Inflation Expectations Hint at Gold as Best Store of Value

Gold price attempts further upside as both fundamentals and technical s offer support

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Euro Price Outlooks - EURUSD Gaining on USD Weakness, EURGBP Falling on Sterling Strength

Two of the main Euro-pairs are being shifted around by conflicting forces, while the single-currency is trying to edge higher

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British Pound (GBP) Latest: GBP/USD Rising, Well Positioned to Climb Further

GBP/USD looks to be in demand having broken above 1.38 and a further advance, thanks to a persistently weak US Dollar, is now probable.

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Tuesday, 9 February 2021

US Dollar Forecast: USD/JPY Rebound at Risk with Inflation Data on Tap

The USD/JPY exchange rate is perched above key technical support with US inflation figures on tap, as fiscal stimulus progress and a dovish Federal Reserve weigh on USD.

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Crude Oil Prices Retreat in Asia as Demand Concerns Overweight Stimulus Hopes

Crude oil prices retreated slightly from a 12-month high during Wednesday’s APAC session as traders questioned the sustainability of the rally. Reflation expectations and stimulus hopes have likely...

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S&P 500, ASX 200, Nikkei 225 Forecast: Stimulus, Inflation Data in Focus

US equity indices hovered near record highs as investors awaited President Joe Biden’s US$ 1.9 trillion Covid-relief package. Asia-Pacific stocks are poised for a mixed open as the US Dollar retrea...

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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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US Dollar Outlook: GBP/USD Breakout Eyed as Risk Rally Prevails

US Dollar bulls succumbed to another wave of weakness on Tuesday as the reflation trade forges ahead. Does this tee up GBP/USD price action for a breakout?

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Dow Jones & Crude Oil Forecast: Will a Crude Oil Breakout Boost the Dow?

Energy stocks maybe benefit from a recent break higher in crude oil prices as the commodity pushes to its highest level since January 2020. Would a rise in energy stocks boost the Dow Jones?

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Silver Price Forecast: XAG/USD Bid Back Above 27 - Can SLV Hold?

Silver put in a pronounced breakout to start last week, but quickly broke down. Can bulls re-claim the 30 handle or is a larger reversal brewing ahead?

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Bitcoin Bulls Backed by Tesla, CME launches Ethereum futures

Tesla’s Bitcoin buy-in drives price action to fresh highs while Ether lags behind

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USD/CAD Snaps February Opening Range to Put Upward RSI Trend at Risk

USD/CAD snaps the opening range for February and the RSI may offer a bearish signal if the indicator fails to retain the upward trend from earlier this year.

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Currency Volatility Subdued, USD Drops, EUR & GBP Benefit - US Market Open

Safe-havens outperform as USD reverses. EUR tops 1.21 and GBP eyes 1.38

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Japanese Yen Latest: USD/JPY Reversal, EUR/JPY Coiling for a Breakout

USD/JPY rejects 200DMA, however, reversal may find dip buyers. EUR/JPY coiling for a breakout

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South African Rand Outlook: ZAR Robust Despite Vaccine Interruption

Confusion around vaccine efficacy has not stopped Rand bulls as USD/ZAR continues its push lower toward key support levels

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FTSE 100 Forecast: Mean-Reverting at Current Range as Fundamentals Play Out

The FTSE 100 is unable to benefit from bullish momentum and remains around its 61.8% Fibonacci

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US Dollar Sell-Off Continues as Risk Markets Remain Buoyant

The US dollar sold-off for the second day as investors continue to look at risk markets positively despite some lofty valuations

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British Pound (GBP) Latest: GBP/USD Breaks Higher, More Gains Likely

GBP/USD has strengthened, climbing back above the January 27, 2021 high at 1.3759, hitting its highest level since April 2018 and well placed to advance further.

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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...