Wednesday, 7 April 2021

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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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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GBP/USD, EUR/GBP Reversing on AstraZeneca Vaccine Latest

EMA and MHRA highlight possible link with rare forms of blood clots, although, reiterate that benefits outweigh risks.

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USD/JPY Susceptible to Larger Pullback as RSI Sell Signal Emerges

Recent developments in the RSI indicate a further decline in USD/JPY as the oscillator falls back from overbought territory to reflect a textbook sell signal.

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Crude Oil Prices Choppy, Rising Geopolitical Risks to Spark Oil Volatility

Oil prices remain choppy amid cross-currents of stronger global growth and resurging Covid cases.

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EUR/GBP Price - Finding Life Difficult at Current Levels, May Look to Fade Lower

EUR/GBP put in a robust rally yesterday, after weeks of weakness, but is struggling to make the next move higher

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Gold Price Forecast: XAU/USD Stumbles Ahead of Fed Meeting Minutes

The bullish break in XAU/USD has stalled ahead of the Fed’s comments on the state of economic recovery

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British Pound (GBP) Latest: Profit-Taking in GBP/USD to Continue Near-Term

GBP/USD is easing back on profit-taking after its recent gains and that may continue for a while, although the longer-term trend higher remains in place.

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Gold Prices May Turn Lower on US Fiscal Outlook, FOMC Minutes

Gold prices may fall as firming prospects for an expansive fiscal boost in the US stoke inflation expectations, lifting yields and the US Dollar. March FOMC meeting minutes may help.

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Dow Jones, Nasdaq Forecast: Equities May Extend Gains on Falling Treasury Yields

Disappointing wage growth figures and the prospect of a smaller-than-expected infrastructure spending package may cool inflation fears, tame the rise in long-term Treasury yields and in turn pave t...

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Tuesday, 6 April 2021

Indian Rupee Risks Reversing as USD/INR Gains on RBI Rate Hold, Bond Purchase News

The Indian Rupee weakened after the RBI left rates unchanged in April while announcing a bond purchasing plan. USD/INR is attempting to push above key resistance from 2020, opening the door to reve...

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USD/CNH as Reflation Hopes Build: Q2 Top Trading Opportunities

While USD/CNH has rebounded from a two-and-half year low, the Federal Reserve’s dovish-tilted policy guidance and the PBOC’s neutral stance suggest that the currency pair may lack significant upsid...

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Copper Forecast: More Upside for Red Metal on Upgraded Global GDP, US Stimulus?

Copper's fundamental bull narrative remains strong, supported by ongoing demand pressures, supply disruptions, and post-pandemic stimulus goals.

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Bitcoin (BTC) Consolidating Below $60K, Ripple (XRP) Surges to Multi-Year Highs

Bitcoin may follow Ripple’s native coin, XRP, higher in the coming days, as the technical outlook for both cryptocurrencies suggest that the path of least resistance is higher.

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S&P 500 Pauses Record Rally, Hang Seng and ASX 200 Edge Higher

Stocks on Wall street retreated from record highs amid thin volume, with the tech sector leading the decline. The Hang Seng Index looks set to trade higher after a holiday break, while Australia’s ...

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Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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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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Nasdaq 100 Forecast: Are New Highs Ahead?

The Nasdaq 100 is taking aim at a highly influential trendline after breaking out of its recent downtrend. With an encouraging fundamental landscape, can the Nasdaq 100 push to new heights?

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NZD/USD Tests Former Support Ahead of Federal Reserve Minutes

NZD/USD may consolidate ahead of the Federal Reserve Minutes if former support now acts as resistance.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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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...