Thursday, 15 April 2021

AUD Q2 2021 Fundamental Forecast

The Australian Dollar appreciated against its US counterpart during the first quarter of 2021 with AUD/USD briefly trading above the 0.8000 handle in February.

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Silver Hits Three Week High, Future Outlook Remains Mixed

Silver hit a fresh three week high following strong prints in retail sales and jobless claims, but future move will likely remain tied to the path of US yields.

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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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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...