Saturday, 1 May 2021

Australian Dollar Forecast: Dow Jones May Support AUD, Dovish RBA Poses a Risk

The Australian Dollar could fall given a dovish RBA after disappointing first-quarter inflation data. But, further gains in the Dow Jones could signal support for the sentiment-linked AUD.

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Euro Forecast: EUR/USD Price Outlook Still Positive, 1.22 in Traders' Sights

April’s strong rally in EUR/USD still shows no sign of losing momentum and the pair could well extend its gains in the first week of May.

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Gold Price Vulnerable Ahead of NFP amid Recovery in US Treasury Yields

The price of gold may remain under pressure ahead of the US Non-Farm Payrolls (NFP) report as 10-Year Treasury yield recovers after defending the April low (1.53%).

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Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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Weekly Fundamental US Dollar Forecast: Rise in US Treasury Yields May Not Help Greenback; April NFP Due

The main economic event of the week will be the April US non-farm payrolls report due out on Friday, May 7.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Friday, 30 April 2021

Ethereum (ETH) Hits a Fresh Record High, Bitcoin Cash (BCH) and Ripple (XRP) Rallying Hard

The cryptocurrency market continues to rebound sharply with Ethereum charging higher and printing repeated new highs.

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The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

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Berkshire Hathaway Annual Meeting: Why Investors Will Care but Meme Traders Won't

GameStop & AMC investors will treat this weekend like any other. But for value investors, this weekend could not be more important.

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7 Meme Stocks Driving Markets & Making a Mark

The sharp rise in retail trading during the pandemic sparked a surge in 'meme stock' trading and the wild ride continues.

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7 Meme Stocks Shaking Up Earnings Season

The sharp rise in retail trading during the pandemic sparked a surge in 'meme stock' trading and the wild ride continues.

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Tesla (TSLA): The Market Darling of Tech, ESG and Meme Themes

Tesla is unlike any other company operating today and opinions on the company's fate are as volatile as the stock price.

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MicroStrategy (MSTR) at the Forefront of Bitcoin, Crypto and Memes

Many of MicroStrategy's current investors may not have ever heard about them if it weren't for Michael Saylor making a big bet on the future of Bitcoin.

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GBP/USD Weekly Forecast: Scottish Election Risk & BoE QE Taper, GBP Volatility Ahead

GBP heading for a typically weak month, which comes ahead of Scottish Election risks. While the BoE may announce a QE taper.

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Grayscale Bitcoin Trust (GBTC): An Alternative for Bitcoin Exposure?

Grayscale Bitcoin Trust (GBTC) offered equity market participants a chance to gain exposure to Bitcoin, but does recent price divergence make this a less attractive option?

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Hometown International (HWIN): A NJ Deli that Was Worth Nine Digits

A lot of outlier events showed in Q1 but perhaps few are as unexplainable as a New Jersey Deli with $35k in revenue over the past two years being worth more than $100 million.

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GameStop (GME): The King of Meme Stocks Almost Stopped the Game

GameStop took the world by storm in Q1 as a band of redditors teamed together to elicit a short-squeeze scenario. But even after the dust settled the stock price remains elevated.

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AMC Entertainment (AMC): Theaters Were Closed but Markets Were Not

After the GameStop scenario the focus from WallStreetBets seemed to turn to another heavily shorted stock in AMC Entertainment.

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BlackBerry (BB): A Blast from the Past in the Market's Crosshairs

BlackBerry once dominated the mobile market. But the stock came back into the mainstream earlier this year when a band of Redditors sought to propel the price higher.

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EUR/USD Breakout Stalls as RSI Reveres Ahead of Overbought Territory

EUR/USD appears to be reversing course ahead of the February high (1.2243) as the Relative Strength Index (RSI) pulls back ahead of overbought territory.

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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...