Tuesday, 27 April 2021

Bitcoin Price Forecast: Bullish Chart Pattern Sparks Recovery Rally, Can it Continue?

Bitcoin is on the road to recovery after falling more than 25% in recent days. With a bullish chart pattern and robust demand to boot, can Bitcoin bulls retake all-time highs?

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NZD/USD Forecast: Failure to Clear March High to Bring Defined Range

Failure to push above the March high (0.7307) may keep NZD/USD within a defined range as a head-and-shoulders pattern unravels.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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WTI Crude Oil Price Outlook: Oil Builds Bull Pennant Ahead of FOMC

Oil prices put in a massive move from November to March, but bulls have seemed to cool since then. Is another bullish push waiting around the next corner?

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EUR/USD Breaks Out of Descending Channel Ahead of Fed Rate Decision

EUR/USD may attempt to test the February high (1.2243) as the exchange rate breaks out of the descending channel from the start of the year.

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Copper Bullish Continuation: Q2 Top Trading Opportunities

Copper has been supported by unprecedented monetary policy, ultra-low interest rates and more importantly, low or negative real yields. It now looks to benefit from a strong recovery in output.

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April Consumer Confidence Hits Highest Level Since February 2020

Consumer Confidence in April printed strongly above expectations at 121.7 versus a forecast of 113.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

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

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Market Sentiment in Neutral Ahead of FOMC Meeting | Webinar

Trader confidence in the US stock markets remains high ahead of this week’s US monetary policy meeting but currencies are subdued.

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Japanese Yen Price Set-Up: USD/JPY Reversal, GBP/JPY & Month-End

Japanese Yen under pressure into month end, eyes on FOMC ahead.

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Bitcoin, Ether Jump Higher Despite Second Crypto Exchange Collapse in Turkey

Digital currencies recover from last week’s slump, building momentum on yesterday’s surge

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Gold Price Outlook - Potential Breakout Looming as Fed, US Data Prints and Tech Company Results Collide

Gold remains unable to break back above $1,800/oz. but volatility may heighten as the latest Fed policy announcement, US data prints, and Big tech earnings heave into view

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Crude Oil Price Outlook: Upside Risk as OPEC+ Meets to Discuss Output

OPEC and its allies meet this week to reconsider their plan to ease production curbs from May 1; the risk is that the plan is put on hold due to concerns about demand, particularly from India.

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Gold Prices May Fall as Chart Setup Warns of Topping Before FOMC

Gold prices may turn lower if a bearish Head and Shoulders chart pattern plays out as advertised. The FOMC monetary policy announcement lines up as a catalyst.

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British Pound Price Forecast: Reopening Optimism to Drive GBP/USD Higher

Better-than-expected economic data, falling coronavirus case numbers, and reopening optimism may continue to drive the British Pound higher against its major counterparts in the near term.

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Monday, 26 April 2021

Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Japanese Yen Forecast: Dovish BoJ, Covid-19 Lockdowns to Keep JPY on Backfoot

The Bank of Japan’s upgraded GDP forecasts pushed JPY higher against USD however, the central bank’s dovish stance and a slew of coronavirus restrictions will likely keep the currency on the back f...

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AUD/USD Analysis: Struggling at 0.78 Despite Chinese Industrial Profits Surge

AUD/USD fell once again at the 0.78 handle as strong Chinese industrial profits struggled to offer much for the Australian Dollar. All eyes are on the Fed this week.

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S&P 500 Index Hits a Fresh Record, Nikkei 225 and ASX 200 Open Flat

The S&P 500 index hit a fresh record amid strong earnings. Tesla dropped during after-hours trading despite upbeat profits in Q1. Asia-Pacific markets are poised for a mixed start on Tuesday.

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SPACs Continue to Shine as Super Group Holding Co. Prepares to Go Public

Super Group, the parent company of Betway and Spin, is set to trade on the NYSE following a $4.75 billion merger with Sports Entertainment Acquisition Corp.

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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...