Looming developments in the RSI may indicate a further decline in the price of gold as the indicator flirts with oversold territory for the first time since November.
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Monday, 1 March 2021
February ISM Manufacturing PMI Hits a Pandemic High, USD Firm Above 91.00
The ISM Manufacturing PMI Report for February rose to its highest level of the pandemic, showing strength from the manufacturing sector as the economic recovery continues.
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DAX 30 Forecast: New Attempt to Break 14,000 as Positive Momentum Returns
It’s a positive start to March for equity markets as bond yields stabilize
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South African Rand Outlook: USD/ZAR Timid Following Ratings Warning
USD/ZAR remains in the confines of a rectangle pattern which could be pushed for a breakout over the next few weeks as fundamental drivers begin to stack up.
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British Pound (GBP) Latest: GBP/USD Trending Lower Ahead of This Week's Budget
GBP/USD printed a rare red candle on the weekly chart last week, the first weekly loss for nearly two months.
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Sunday, 28 February 2021
Euro Price Forecast: EUR/USD, EUR/JPY Eyeing ECB Weekly Bond Purchases
The European Central Bank’s weekly bond-purchases could determine the near-term trajectory of the Euro against the US Dollar and Japanese Yen.
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Why a Rise in Retail Trading May Signal Another Mania
The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.
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Australian Dollar Unfazed by Chinese PMI as RBA Meeting Shifts Into View
The Australian Dollar retreated from session-highs after Caixin PMI figures out of China missed market expectations. Attention now turns to the RBA’s upcoming monetary policy meeting on Tuesday.
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Australian Dollar, APAC Markets Focus on Bond Yields to Start March
APAC markets' March open will look to government bond yields to gauge sentiment. Will the Australian Dollar recover from last week's sharp drop?
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Markets Week Ahead: Nasdaq, US Dollar, Gold, Yields, RBA Decision, OPEC, NFPs
Markets swung wildly last week with volatility underpinned by a huge move higher in bond yields and the US Dollar as investors hammered stocks lower. Traders look to the RBA, OPEC, and NFPs ahead.
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Weekly Technical US Dollar Forecast: Finally Turning Higher?
The DXY Index has held onto key technical support, suggesting that bulls may have a bit more fight left yet.
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S&P 500 Forecast: Will Rising Yields Derail Stock Market's Upward Trajectory?
Rising Treasury yields inspired a broad selling in global equities last week. The longer-term outlook remains positive however on the back of the reflationary theme, strong earnings and vaccine pro...
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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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Mexican Peso Forecast: USD/MXN Propped Up by Rising Yields and Weaker Equities
USD/MXN rises to its highest level in 3 months as bonds take control of market sentiment.
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Saturday, 27 February 2021
Euro Forecast: EUR/USD Outlook Improves as German Bund Yields Rise
ECB policymakers were out in force last week, saying they were watching Eurozone government bond yields, but yields rose anyway, and that’s positive for EUR/USD and the Euro crosses.
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NFP and Forex: What is NFP and How to Trade It?
Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.
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Gold Price Forecast: XAU Tanks Hard as Yields, Inflation Fears Climb
Gold prices were crushed this week as yields continued to climb. But with a big spot of support coming in, can buyers bring a bounce ahead of NFP?
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US Dollar Fundamental Outlook: All Eyes on Treasury Yields as Stocks Wobble
The haven-linked US Dollar may be in a position to benefit in the short-run as economic recovery bets support longer-dated Treasury yields, making them more competitive with stocks.
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Forex Vs Stocks: Top Differences & How to Trade Them
Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.
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Canadian Dollar Forecast: USD/CAD Price Hangs on Reflationary Market Sentiment
The reflation trade is helping to push the oil-linked Canadian Dollar higher as the post-Covid economic outlook clears. The Loonie is reliant on the global economy's recovery.
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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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....