Wednesday, 10 March 2021

Euro, DAX 30 Forecast: ECB Rate Decision to Dictate Near-Term Trajectory

The European Central Bank’s upcoming interest rate decision may clear a path for the Euro to gain ground against its major counterparts while triggering a short-term pullback for the German DAX 30.

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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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Crude Oil Prices Eyeing OPEC Report as Stocks Rise, Gold Could Gain on the ECB

Crude oil prices may rise alongside stocks, eyeing OPEC’s monthly outlook report. Meanwhile, gold could benefit from the upcoming ECB rate decision.

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Bitcoin Outlook: BTC Poised to Break to Fresh Highs or Is a Reversal Afoot?

Bitcoin has stormed higher since the start of March and appears to be eyeing a push to fresh record highs. However, short-term technical signals suggest that a reversal lower could be on the cards.

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Dow Jones Gains on Inflation Relief. Nikkei 225, ASX 200 May Climb

A lower-than-expected US core CPI figure sent Wall Street stocks broadly higher as inflation fears eased. The reflation trade is back in centerstage after House approval of the US$ 1.9 trillion sti...

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NZD/USD, AUD/NZD In Focus as Inflation-Induced Moves Spur Rotation Within Equities

NZD/USD and AUD/NZD face technical challenges with major trendlines in focus. A flop in US inflation data sent Treasury yields lower, spurring rotation out of tech and into value on Wall Street.

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Canadian Dollar Price Outlook: USD/CAD, EUR/CAD Eyed Post-BoC

The Canadian Dollar traded mixed on Wednesday amid choppy market conditions. Will USD/CAD and EUR/CAD continue their broader trends with Bank of Canada event risk in the rearview?

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Bitcoin Price Approaches All-Time High, is a New Record Ahead?

Bitcoin has moved within reach of record levels after recovering from its brief pullback last month. With the fundamental landscape unchanged and an improved technical picture, BTC might try at new...

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Gold Price Eyes Recovery After Cratering to Trendline Support

Gold is in the midst of a recovery rally after cratering to its lowest level since June and bouncing off an important trendline. While gold may look to recoup recent losses, the longer-term outlook...

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Oil Price Susceptible to Large Pullback as RSI Divergence Persists

The price of oil may face a larger pullback as the RSI continues to diverge with price and still tracks the downward trend carried over from February.

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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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South African Rand Price Forecast: USD/ZAR, GBP/ZAR,EUR/ZAR Setups

The South African Rand retaliates but economic recovery may still face hurdles

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EUR/USD Rate Reverses Ahead of 200-Day SMA with ECB Meeting on Tap

EUR/USD appears to be reversing course ahead of the 200-Day SMA (1.1821) as it struggles to extend the series of lower highs and lows carried over from the previous week.

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Bank of Canada Holds Policy Steady, Remains Cautious - CAD Slightly Weaker

The Bank of Canada held policy unchanged in March, maintaining a 0.25% target rate and continuing asset purchases at their current pace while emphasizing continued caution.

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S&P 500, Gold Jumps to Highs, USD Dips on US CPI

US CPI prints in-line, while Core CPI misses. USD tracks yields lower. Gold and S&P 500 gain.

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Gold Price (XAU/USD) Outlook Remains Brittle as Risk Storm Nears

The precious metal’s recent rally is under threat as the upcoming US government bond auctions may fail to stem rising Treasury yields

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IBEX 35 Consolidates Strong Uptrend as Key Fibonacci Resistance is Broken

Spanish stocks continue to outperform as improving growth forecasts give investors hope

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British Pound (GBP) Latest: EUR/GBP Decline Not Over Yet

The Euro continues to fall against Sterling, with no respite yet in sight for the pair as the OECD forecasts that the UK will outperform the EU and the two argue over vaccine exports.

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Tuesday, 9 March 2021

US Dollar Price Outlook: USD Recovery Hinges on Upcoming Inflation Print

The near-term trajectory of the US Dollar hinges on inflation figures for the month of February and the total demand for Treasuries at the upcoming 10- and 30-year auctions.

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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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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...