Monday, 5 April 2021

New Zealand Dollar Forecast: NZD/USD May Move Higher as Economic Optimism Grows

NZD/USD is recapturing some of its losses from March as traders grow more optimistic about the economic recovery following solid US data prints.

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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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US Dollar Outlook: FX Volatility to Rise as Liquidity Returns

The US Dollar extended its pullback on Monday and pressured the broader DXY Index toward technical support provided by its 200-day moving average. Volatility looks likely to accelerate as liquidity...

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

From a longer-term perspective, the Euro appears weak versus the commodity currencies.

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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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Stock Market Forecast for the Week Ahead

The S&P 500 and Dow Jones have pushed into record territory after a string of upbeat economic data sparked a wave of risk appetite and bullish price action. Seasonality may help drive further gains.

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AUD/USD Trades Within Head-and-Shoulders Formation Ahead of RBA

The Reserve Bank of Australia (RBA) interest rate decision may undermine the head-and-shoulders formation in AUD/USD if the central bank alters the forward guidance.

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FX Week Ahead - Top 5 Events: RBA Rate Decision; FOMC Minutes; Mexico Inflation; China Inflation; Canada Jobs

The economic calendar has turned to a new month and quarter, but the holiday weekend has thinned out what would otherwise be a supersaturated economic calendar.

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USDJPY Outlook A Correction or Reversal of the Prevailing Bull Trend?

Amid a rising tide that has seen many risk-leaning assets climb to new highs, USDJPY topped a 12 month high last week that cleared out key tech levels. So, is the pullback to start this week a corr...

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Gold Price Forecast: Gold Trendline Bounce, Possible Double Bottom

Gold prices have given up as much as 14.4% in early 2021 trade, continuing the theme of Gold weakness from the August high. Is that course set to change?

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Strong Beat in March ISM Services PMI Sends Index To Record High

The ISM Services Report for March hit a new pandemic high at 63.7 versus a forecast of 59.0, marking a strong month for the services sector.

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Oil Price Susceptible to Rise in US Output Following OPEC JMMC Meeting

A further rise in US crude output may drag on the price of oil as OPEC and its allies are on track to gradually reverse the production cuts in response to COVID-19.

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Trouble for EUR/CAD, EUR/NOK: Q2 Top Trading Opportunities

The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian Krone and Canadian Dollar in the first quarter of 2021. These losses appear to stem from the divergence in...

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Equities Q2 2021 Fundamental Forecast

The Dow Jones, S&P 500 and Nasdaq 100 enjoyed an encouraging start to the year before stumbling into the second quarter.

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Short EUR/JPY - Q2 Top Trading Opportunities

Putting together a weak Euro with a stronger Yen, there is plenty of scope for EUR/JPY to weaken if you think the recovery will be rather bumpier than current market pricing implies.

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Sunday, 4 April 2021

Gold, Crude Oil Price Outlook: Market Digests Strong NFP and Higher Yields

Gold prices retreated on Monday as a robust US nonfarm payrolls report boosted longer-dated Treasury yields. Crude oil prices slid modestly as Saudi Arabia raised prices for oil exports to Asia.

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Dow to Outperform vs. Nasdaq if Inflation Fears Force Fed Rethink

The Dow Jones Industrial Average of blue-chip stocks is likely to outperform the tech-heavy Nasdaq 100 if worries about inflation force the Fed to trim stimulus sooner than expected.

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Natural Gas Outlook: Colder Weather, Technical Support to Guide Prices Higher?

Natural gas moved lower in March following an upbeat February performance. Now, between two key moving averages, a colder weather outlook in the US may help guide prices higher.

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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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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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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...