Bitcoin Sinks as US Capital Gains Tax Proposal Injects Fear Into Crypto Market

Bitcoin is on track to record its worst week since early February, with the cryptocurrency breaching below the 50k level in the aftermath of Biden's capital gains tax proposal.

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EUR Q2 2021 Technical Forecast

The Euro has sold off in dramatic fashion against the US Dollar, with EUR/USD aiming to complete its third consecutive monthly loss.

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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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Canadian Dollar Forecast: CAD/JPY Primed to Claw Back Downside

CAD/JPY price action could recoil back toward year-to-date highs as the Canadian Dollar strengthens on the heels of a relatively hawkish shift in BoC monetary policy.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Federal Reserve policymakers are heading towards their April rate decision next week, but that doesn’t mean policy is heading anywhere new soon.

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USD/JPY Halts Eight Day Decline as US 10 Year Yield Defends April Low

USD/JPY attempts to halt an eight day losing streak as the 10-Year US Treasury yield appears to be defending monthly low (1.53%).

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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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AUD Q2 2021 Technical Forecast

Heading into 2021, our ‘bottom line’ on the Aussie technicals noted, “the Australian Dollar price rally has matured with an advance of more than 37% off the yearly lows risking topside exhaustion i...

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Dow, Nasdaq, S&P 500 Sink with Biden to Pitch 43.4% Capital Gains Tax

Major stock indices like the Dow, Nasdaq, and S&P 500 are free-falling during afternoon trade on Thursday in response to news that President Biden is set to propose a 43.4% capital gains tax rate.

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Ethereum (ETH/USD) Fresh Highs; BTC/USD, Dogecoin Back Down

Crypto mania has continued but this time, the focus has been on Ethereum. Both Bitcoin and Dogecoin remain more subdued, at least for now.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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Euro Forecast: ECB Does Little, Euro Facing Turning Risk Trends - Setups in EUR/GBP, EUR/JPY, EUR/USD

The April ECB rate decision did little for the Euro – one way or the other. This leaves the currency at the whims of broader risk trends, which are eroding.

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USD/CAD Slips Back Below 50-Day SMA as BoC Slows Pace of QE Program

Failure to hold above the 50-Day SMA (1.2576) may push USD/CAD towards the March low (1.2365) as the BoC slows the pace of its quantitative easing (QE) program.

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Breaking: ECB Announcement Unchanged, EUR/USD Muted

Euro and Bund yields muted following ECB copy and paste.

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Bitcoin (BTC/USD) Slide Resumes, Ethereum (ETH/USD) Continues to Outperform

Bitcoin (BTC/USD) is slipping lower again and is nearing the sell-off low made over the weekend. Ethereum remains positive and pushing higher.

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Euro Latest: EUR/USD, EUR/GBP Price Action Set-Up for ECB

EUR/USD finding support at 1.20, EUR/GBP recovering from last week’s reversal

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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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Silver Price Forecast: XAG/USD Breakout Stalls at Key Resistance

Safe-haven demand picks up as new Covid-19 infections get out of hand in some countries

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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) Outlook: Failing to Benefit From Global 'Risk On' Sentiment

GBP/USD still seems unable to break through the important 1.40 level on a sustained basis even though a rebound in global equities suggests that investors are generally confident.

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