Sunday, 21 February 2021

Australian Dollar Outlook: Rising Iron and Copper Prices to Bolster AUD/USD

The Australian Dollar is on the move higher as rising commodity prices help bolster sentiment. Australia's vaccine program also offers a price driver, with thousands slated for inoculations.

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Weekly Fundamental US Dollar Forecast: Mr. Powell Goes to Washington

Fed Chair Jerome Powell will head to Capitol Hill for two days of testimony to deliver the semi-annual Monetary Policy Report.

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Markets Week Ahead: Dow Jones, US Dollar, Crude Oil, Fed, Treasuries, NZD/USD, RBNZ

Market sentiment was a mixed bag as the Dow Jones gained but the Nasdaq Composite weakened. Crude oil prices turned lower. All eyes are on Fed Chair Jerome Powell amid rising longer-term Treasury r...

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Corporations Embrace Crypto, Boosting Bitcoin Price - Stock Market Forecast

Equity markets stumbled slightly last week but there are signs risk appetite lurks beneath the surface as corporations begin embracing cryptocurrency which has provided a boost to Bitcoin.

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Saturday, 20 February 2021

Mexican Peso Forecast: Contingent on Energy Shortages and US Yields

USD/MXN breaks its downtrend as energy shortages from the US cause concern for the Mexican economy.

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Australian Dollar Outlook: Uptrend Resuming as Global Recovery Bets Follow?

The Australian Dollar resumed its uptrend as traders betted on a gradual economic recovery from the coronavirus. Will Fed Chair Jerome Powell be asked about rising Treasury yields?

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Euro Forecast: EUR/USD Week Ahead Outlook Poor, EUR/GBP Tumbling

EUR/USD has broken lower and will likely slip further in the coming week while EUR/GBP shows no sign of stabilizing as its slump continues.

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Gold Versus Real Yields: Are Inflation Bets Fully Priced Into XAU/USD?

Rising real yields are pressuring the yellow metal and the inflation-adjusted price of gold is already near historical highs. Where next for XAU/USD?

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Friday, 19 February 2021

Bitcoin Price Forecast: BTC/USD Pushes to New Heights Amid Corporate Adoption

After breaking above $50,000 for the first time ever, Bitcoin has pushed higher still as US corporations wade into the cryptocurrency space. Can new entrants prolong the remarkable rally?

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South Africa Rand Forecast: USD/ZAR, GBP/ZAR, EUR/ZAR Price Levels

Rand resilience remains but next week’s budget speech could be a key driver of short-term price action

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GBP/USD Weekly Forecast: How Much Higher Can GBP/USD Go?

GBP/USD breaking out to near 3 year highs at 1.40, but how much further can this GBP rally go?

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Gold Price Forecast: Death Cross Emerges as November Low Gives Out

A ‘death cross’ formation appears to have taken shape in the price of gold as the 50-Day SMA ($1851) crosses below the 200-Day SMA ($1857).

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Solid February PMIs Mark Highest Services Activity Since 2015, US Dollar Firms

Manufacturing activity fell right in line with expectations and Services activity rose to its highest level since March of 2015, demonstrating the resilience of the US economy.

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A Year on Since the COVID Crash, Are the ECB Tolerating Euro Strength? - US Market Open

Risk sentiment continues to feel the weight of the recent spike higher in global bond yields.

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Crude Oil Volatility May Increase as Iran - US Stand-Off Continues

Iran has said that the US must lift economic sanctions before it agrees to allow international inspection of its nuclear sites.

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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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AUD/USD Price Forecast: Aussie Dollar Pushing Toward Key Resistance

Fundamental factors have been favorable for higher AUD/USD price action which could extend throughout 2021. This sets the pair up for a potential close at fresh yearly highs.

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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British Pound (GBP) Latest: GBP/USD Bulls Hit 1.40 Target - GBP Unfazed by Data

GBP/USD reaches 1.40 for the first time since April 2018.

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DAX 30 Forecast: Head and Shoulders Unfolding, PMIs Don't Change Much

The DAX 30 looks set to end the week lower as equity markets take a breather

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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...