Monday, 12 April 2021

Bitcoin Price Forecast: Coinbase IPO May Fuel BTC's Push to Record Highs

Coinbase’s impending initial public offering could provide the necessary fuel for Bitcoin to push to fresh record highs in the coming days.

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

Stocks on Wall Street retreated from record highs while Treasury yields climbed following smooth bond auctions. The Hang Seng and ASX 200 indexes are poised to gain slightly ahead of Chinese trade ...

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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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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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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Gold Bearish Price Series Emerges amid Failure to Test March High

Lack of momentum to test the March high ($1760) instills a bearish outlook as the price of gold carves a fresh series of lower highs and lows.

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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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Oil Q2 2021 Fundamental Forecast

The strong bid beneath crude oil broadly tracked market optimism surrounding covid vaccine developments, massive fiscal stimulus packages, and improved outlook for global GDP growth.

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British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP

The British Pound had a big start to the year. But so far Q2 is shaping up to be quite a bit different.

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US Dollar Bear Exit Persists, GBP & AUD Longs Slashed - COT Report

US Dollar net shorts are cut once again, AUD sees sizeable bull exit, GBP pullback exacerbated by long liquidation.

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USD/CAD Rate to Eye March Low on Break of April Opening Range

USD/CAD may continue to give back the rebound from the March low (1.2365) if the exchange rate fails to retail the opening range for April.

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Markets Week Ahead: Dow Jones, S&P 500, Bonds, Gold, NZD, RBNZ, Bank Earnings

The Dow Jones and S&P 500 pushed further into all-time highs amid falling Treasury yields and a weaker US Dollar. Gold seems to be finding some momentum. Ahead, earnings season is underway for majo...

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Gold Price Outlook - Will Resistance Continue to Block Further Upside?

Gold is unable to push higher as a cluster of resistance levels continue to hold firm. US data this week may prompt a bout of selling if inflation rears its head.

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South African Rand Technical Set-ups: USD/ZAR, EUR/ZAR, GBP/ZAR

Rand technical forecasts may suggest slowing bearish momentum across USD,EUR and GBP crosses.

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Short EUR/NOK: Q2 Top Trading Opportunities

A stronger Krone will weigh down on inflation and if price pressures continue to run hot, a rate hike may be put in place sooner rather than later. On the other side, the Euro is struggling and is ...

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DAX 30 Forecast: Testing Support as Correction Looms

The DAX 30 stumbles ahead of the start of the US earnings season, ascending trendline holding so far

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Ethereum (ETH/USD) Hits a New Record High, Ripple (XRP/USD) Soars, Coinbase to List on Nasdaq

Ethereum (ETH/USD) printed another all-time high over the weekend, while Ripple (XRP/USD) accelerated sharply higher

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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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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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British Pound (GBP) Latest: EUR/GBP to Resume Bearish Trend

GBP on a firmer footing as lockdown measures ease further. EUR/GBP pulls back after recent short-squeeze

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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...