Thursday, 4 March 2021

IBEX 35 and Euro Stoxx 50 May Rise as Eurozone Countries Cast an Eye to Reopening

European equities, such as the IBEX 35 and Euro Stoxx 50, may face near-term upside as Eurozone countries expand vaccination efforts and begin lifting COVID lockdown restrictions.

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Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge

Treasury yields surged higher after Fed Chair Jerome Powell failed to cool bond market volatility. AUD/USD broke below a key trendline after safe-haven bids drove the US Dollar higher.

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US Dollar Outlook: USD/JPY on Fire as Yields Soar Post-Powell

USD/JPY to its strongest level in nine months near the 108.00-price as the US Dollar rockets broadly higher alongside another sharp rise in Treasury yields following Fed Chair Powell.

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Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook

The Euro has been weaker than one might expect against the trio of major commodity currencies as a risk-off mood has gripped global financial markets.

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Canadian Dollar Price Forecast: USD/CAD Holds Support as USD Drives

Oil surging has helped CAD to remain strong, but can USD/CAD bulls finally clear the longer-term falling wedge? Or are deeper lows awaiting?

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Silver (XAG/USD) Slips Through Support, Platinum Indecisive

Silver prices slide, Platinum hindered by Fibonacci Support

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EUR/USD & Nasdaq Plunging as Powell Unleashes Yield Surge



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Breaking: Crude Oil Prices Spike on Saudi and OPEC Surprise

Oil prices surge as Saudi Arabia and OPEC agree to refrain from boosting oil production.

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Against the backdrop of rising bond yields, both the Bank of England and European Central Bank will meet over the next two weeks.

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OPEC Latest: Crude Oil Price Set-Up Ahead of OPEC Meeting

All eyes on the OPEC meeting for the oil complex where the cartel is expected to boost oil production.

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FTSE 100 Forecast: Holding Steady Mid-Range, Bond Yields Rise Again

Tech stocks drop amid a renewed sell-off in US bonds, putting pressure on the Federal Reserve

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Japanese Yen Outlook: USD/JPY Fosters as Focus Shifts to Powell Speech

Investors continue to snap up U.S. Dollars after rising bond yields as well as optimism around the U.S. economic recovery. USD/JPY extends as Japanese Yen loses favor.

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British Pound (GBP) Latest: GBP/USD to Remain Stable, No Response to UK Budget

GBP/USD continues to trade just under the 1.40 level, with no sign yet of either a break higher or a break lower. Wednesday’s UK Budget had little in it to affect GBP.

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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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Wednesday, 3 March 2021

Dow Jones, S&P 500 Perched at Key Support as Attention Turns to Powell

Federal Reserve Chairman Jerome Powell’s upcoming speech may dictate the near-term trajectory of the US benchmark Dow Jones Industrial Average and S&P 500 equity indices.

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Gold Price Forecast: Long-Term Yields May Keep XAU/USD on the Backfoot

Positive vaccine progress, fiscal stimulus hopes and an unperturbed Federal Reserve may open the door for long-term Treasury yields to continue pressing higher, and in turn weigh on gold prices.

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Crude Oil Prices Eye OPEC+ after Inventory-Induced Bounce

Crude Oil prices found support after an EIA report showed a large draw in fuel products following a major US storm that dented refinery capacity. Thursday's OPEC meeting is in focus.

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Australian Dollar Outlook: AUD/USD, AUD/NZD at Key Levels as Trade Data Looms

US equities moved lower as rising Treasury yields were back in focus. Meanwhile, the Australian Dollar faces key levels against the Greenback and New Zealand Dollar ahead of January trade data.

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Gold Price Swooning as Yields Rise Ahead of Powell Speech

Gold price action is getting slammed lower again with Treasury bond yields back on the rise, but will the upcoming speech from Fed Chair Powell reinvigorate precious metal bulls?

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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...