Tuesday, 11 May 2021

Bitcoin, Ethereum, Dogecoin Moving Mainstream as Hollywood's Elite Embrace Crypto

Bitcoin, Dogecoin, and Ethereum have dominated the headlines in recent months as celebrities like Elon Musk and Mark Cuban tout blockchain technology as the “future of currency.”

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British Pound Forecast: GBP/AUD, GBP/CAD, GBP/NZD Rates

GBP/AUD remains rangebound, while GBP/CAD and GBP/NZD continue to coil ever more into their triangular consolidations.

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Stock Market Forecast: Is the Nasdaq 100 At Risk of Deeper Declines?

Volatile price action has seen the Nasdaq 100 fall precipitously to start the week as rising Treasury yields and inflation concerns pressure technology stocks. Losses have seen the index crater to ...

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What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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USD/MXN Price Outlook: Mexican Peso Eyes Banxico Rate Decision

USD/MXN price action is in the crosshairs headed into the Banxico interest rate decision due later this week. Dollar-Peso volatility could also accelerate in response to US inflation data on deck.

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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NZD/USD Rate Outlook Mired by Failure to Test March High

The failed attempt to test the March high (0.7303) may generate range bound conditions in NZD/USD as it snaps the series of higher highs and lows from the previous week.

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Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

The BOE and the ECB won’t meet again for six weeks. Nevertheless, speculation around what they may do next continues to drive markets.

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Bitcoin Price Forecast: BTC/USD Threatens Bearish Reversal on Wedge Break

Bitcoin is at risk of a larger downturn after breaking beneath support to start the week. As a result, bulls may seek out secondary support from psychological levels and recent lows alike.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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USD/CAD Eyes September 2017 Low as RSI Sits in Oversold Zone

The oversold reading in the Relative Strength Index (RSI) may continue to coincide with a further decline in USD/CAD like the behavior seen in December.

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USD/ZAR Forecast: South African Rand Watchful Ahead of U.S. Inflation

U.S. inflation fears may prolong Rand strength and potentially breach January 2020 lows on USD/ZAR.

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Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail?

There’s a lot of chatter among market participants about the state of the US housing market.

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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Nasdaq 100 (NDX) Crumbles as US Inflation Fears Re-Ignite

A heavy sell-off overnight in the Nasdaq 100 has gathered pace in Europe with tech heavyweights registering further losses

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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DAX, EUR Update - Reflation Trade Back On After Nasdaq Meltdown, USD Attempting Comeback

Inflation concerns revive the reflation trade, causing tech stocks to unwind some of their gains

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British Pound May Extend Sharp Rise with Queen's Speech in Focus

The British Pound may continue to build higher after scoring the largest one-day rise in 14 months if the Queen’s Speech encourages BOE stimulus withdrawal bets.

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Monday, 10 May 2021

Gold Price Outlook Turns to Fed Speak After Consumer Inflation Expectations Jitter

Gold prices gave up gains as the Fed’s consumer inflation expectations survey unnerved financial markets. Will the central bank’s commentary rekindle XAU/USD’s momentum ahead?

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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...