Dow Jones, APAC Stocks Week Ahead: Markets May Extends Higher on Strong NFP

Wall Street equity futures kicked off the week on strong footing, as the US nonfarm payrolls data beat market expectations by a wide margin. Asia Pacific equities look set to ride this tailwind and...

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Oil Q2 2021 Technical Forecast

After an impressive start to 2021, the oil forecast for the second quarter of the year is lacking an overly optimistic tone given a weaker picture for demand and stronger growth in rival supply, as...

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Short EUR/AUD: Q2 Top Trading Opportunities

The Australian economy’s recovery has outperformed the EU’s own post-pandemic revival. This is likely to continue. The economic disparity may even accelerate if the EU continues to fumble its vacci...

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JPY Q2 2021 Fundamental Forecast

As anticipated, the Japanese Yen started off the new year on a sour note.

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USD/CHF Primed for Topside: Q2 Top Trading Opportunities

Even if the Fed does not hike rates anytime soon, a disparity will exist in the rate policy between the two economies, and this can continue to support the topside of USD/CHF.

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Short EUR/MXN: Q2 Top Trading Opportunities

I’m short EUR/MXN in the second quarter, given the Euro’s resilience against EM currencies in the last 6 months, despite risk-on appetite bringing them back from March 2020 lows.

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AUD Q2 2021 Technical Forecast

Heading into 2021, our ‘bottom line’ on the Aussie technicals noted, “the Australian Dollar price rally has matured with an advance of more than 37% off the yearly lows risking topside exhaustion i...

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Short USD/JPY, Long USD/CNH: Q2 Top Trading Opportunities

If risk aversion sidles in, it would likely see USD/JPY decline. After a pandemic-based hiatus, the US and China seem to be picking back up their multi-faceted dispute which steers back to economic...

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Gold Q2 2021 Fundamental Forecast

The Biden administration’s first stimulus package brought forth a jump in both nominal US Treasury yields and inflation expectations, the net-result of which was rising real US yields.

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ZAR Strength May Soon Dissipate: Q2 Top Trading Opportunities

With markets starting to digest the U.S. stimulus package as well as Europe’s PEPP program, it may be time for these two major currencies to begin to recover against the ZAR.

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EUR/GBP Aims Lower: Q2 Top Trading Opportunities

In early February, the Euro breached support which had confined its losses against the British Pound back to mid-May 2020, opening the door for a deep selloff that brought the EUR/GBP exchange rate...

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USD Q2 2021 Technical Forecast

It was a bizarre beginning to a New Year for the US Dollar, but given 2020 I’m not sure how surprising it should be.

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Long DJIA on Reflation and Infrastructure: Q2 Top Trading Opportunities

A sustained reflation trade could place the Dow in a league of its own. If risk aversion takes root, valuation metrics in the Dow Jones are far more reasonable than elsewhere.

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GBP Q2 2021 Fundamental Forecast

The British Pound rallied towards GBP/USD 1.4200, slightly higher than our expectations, before dropping back to 1.3700.

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USD/CHF Amid Yield Differentials: Q2 Top Trading Opportunities

The Franc’s struggle is likely due to rising bond yields in the United States relative to Switzerland, and may continue throughout the second quarter as the White House sets course to deliver infra...

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EUR Q2 2021 Technical Forecast

The Euro has sold off in dramatic fashion against the US Dollar, with EUR/USD aiming to complete its third consecutive monthly loss.

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Short AUD/USD, AUD/JPY: Q2 Top Trading Opportunities

With a head-and-shoulders formation and the establishment of a downward trend in RSI, traders should be mindful.

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USD Recovery and Resistance Hurdles: Q2 Top Trading Opportunities

Look for topside exhaustion early in the quarter to give way to larger pullback - losses should be limited by 91 IF price is indeed heading higher.

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Equities Q2 2021 Technical Forecast

The S&P 500 index is riding an ascending trend higher and may attempt to challenge a psychological resistance level at 4,000 (the 100% Fibonacci extension of the past year’s first phase rally).

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USD/JPY Breakout Potential: Q2 Top Trading Opportunities

USD/JPY is on my radar as a breakout candidate after several years of narrowing price action. The price action in Q1 was some of the best we’ve seen in some time, but still leaves USD/JPY in the co...

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