Thursday, 15 April 2021

Bitcoin (BTC/USD) Support Test as Ethereum (ETH/USD) to Fresh Highs

Bitcoin broke out in a big way on the day of the Coinbase IPO, but it's Ethereum that's continued to push with even more strength over the past 24 hours.

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Top 8 Forex Trading Strategies and their Pros and Cons

Compare the pros and cons of different forex strategies, from day trading to position trading.

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EUR/USD Approaches Channel Resistance Even as ECB Boosts Pace of PEPP

EUR/USD may continue to appreciate over the coming days if the exchange rate manages to break out of the descending channel from earlier this year.

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USD/JPY to Rise as US Dollar Firms on 9.8% Jump in Retail Sales

USD/JPY price action might be on the move back higher as the US Dollar looks likely to strengthen in response to a 9.8% surge in monthly retail sales and better-than-expected jobless claims data.

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Canadian Dollar Forecast: USD/CAD, CAD/JPY Key Levels to Watch

USD/CAD continues to trade within defined range ahead of BoC. CAD/JPY outlook encouraging.

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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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US Dollar (DXY) Outlook Looks Weak But For How Much Longer?

The US dollar remains on the backfoot but a powerful technical formation is being hinted at that may halt the recent slide

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Key Levels to Watch: EUR/USD Gears Up for 1.20, DAX 30 Unable to Break Tight Range

Euro bulls pick up pace whilst DAX 30 sellers and buyers battle for dominance

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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/TRY Forecast: Turkish Lira Awaits Central Bank Decision

USD/TRY eyes Turkish central bank as new Governor makes decision on monetary policy.

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Gold (XAU) Price Outlook: Failing to Benefit From USD Weakness But Break Higher Likely

The price of gold continues to trade sideways but, if it breaks out, a move to the upside is more likely than a fall.

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US Dollar Looks to Retail Sales, Jobless Claims Data for a Lifeline

The US Dollar looks to incoming retail sales and jobless data to revive reflation and Fed tightening speculation after receding bond yields weighed on the benchmark currency.

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Crude Oil Price Outlook: Aiming for February Peak Ahead of US Retail Sales

WTI crude oil gained on Wednesday despite weakness on Wall Street, underpinned by a larger-than-expected EIA inventory drawdown. Oil may be setting up to revisit February peaks.

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Wednesday, 14 April 2021

Swiss Franc Forecast: USD/CHF, EUR/CHF Moderation Eases Pressure on SNB

The Franc weakened against the Euro and US Dollar in the first quarter, taking pressure off the Swiss National Bank's currency intervention. A miscalculation by the SNB, however, risks sending the ...

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Gold and Silver Prices May Turn Higher as Long-Term Treasury Yields Stagnate

The progressive decline in longer-term Treasury yields recently, despite a larger-than-expected climb in inflation, could open the door for gold and silver to climb higher in the coming weeks.

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Australian Dollar Falls as Jobs Data Shows Decline in Full-Time Employment

The Australian Dollar declined in immediate trade following strong employment data, as the disparity between full-time and part-time employment overshadowed the otherwise strong data.

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Nasdaq 100 Retreats as Coinbase Falls, May Cast a Shadow on Hang Seng and ASX 200

The Nasdaq 100 fell from all-time-highs as Coinbase’s intraday swing lower soured risk appetite. Fed Chair Jerome Powell highlighted that tapering of asset purchase will come “way ahead” of interes...

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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Bitcoin Price Forecast: Cryptos Surge Alongside Coinbase's Nasdaq Debut

Bitcoin tagged new all-time highs Wednesday alongside a broader surge in cryptocurrencies as a leading cryptocurrency exchange, Coinbase, went public debuted on the Nasdaq via direct listing.

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USD Q2 2021 Fundamental Forecast

Through the opening quarter of 2021, there were significant changes in focus from an incredible charge in retail appetite to anticipation for reopening economies after mass vaccinations to burgeoni...

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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...