Wednesday, 12 May 2021

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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Bitcoin (BTC) Plunges on Tesla Bitcoin Suspension, AUD/USD Spars USD Strength

Bitcoin plunged after Tesla CEO Elon Musk announced that the company is suspending the acceptance of Bitcoin for purchases. Meanwhile, AUD/USD struggles against a sharply strong US Dollar.

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Ethereum (ETH) Continues to Outshine Bitcoin (BTC) Performance

Ethereum price action has edged lower with other major cryptocurrencies like Bitcoin, but Ethereum continues to dominate the broader crypto space as highlighted by the ETH/BTC ratio.

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Gold Price Forecast: Can Gold Stage a Major Breakout?

Gold has rallied to the topside of its downtrend and white-hot inflation data could help spur the precious yellow metal higher. Can gold stage a breakout to snap its 8-month downtrend?

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AUD/USD Pullback Eyes 50-Day SMA as Bearish Price Series Emerges

The decline from the monthly high (0.7891) has push AUD/USD towards the 50-Day SMA (0.7708) as the exchange rate carves a series of lower highs and lows.

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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Nasdaq Extends Slide, Bond Yields Spike on Fed Taper Fears

The Nasdaq is extending its slide and leading the broader stock market lower as bond yields turn sharply higher in response to red-hot inflation data and fears of an expedited Fed taper timeline.

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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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EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP

The recent rally in EUR/USD appears to have stalled ahead of the February high (1.2243) as the exchange rate snaps the series of higher highs and lows from last week.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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US Dollar Rockets Higher as Inflation Spikes to 4.2% in April

The US Dollar is ripping sharply higher in response to red-hot inflation data just crossing market wires. Headline and core CPI came in at 4.2% and 3.0%, which could up the ante for Fed taper talks.

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Elon Musk Hints at Tesla DOGE Alliance but Lands Short of the Moon

Elon Musk’s latest Dogecoin tweet spurs volatility amid speculation that Tesla may adopt Dogecoin as another method of payment

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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US Dollar (DXY) Forecast - US CPI and UST 10-Year Sale Hold Sway Over the USD

The latest look at US inflation today is followed by a hefty 10-year US Treasury auction, adding fuel to an already volatile session.

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FTSE 100 Price Outlook: Fibonacci Level Offers Support as Attention Shifts to US CPI

The FTSE 100 retraces three weeks of steady gains as inflation concerns cause equities to drop

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GBP/USD Shrugs at UK GDP, May Drop on US CPI Data

The British Pound may fall against the Dollar having been mostly unimpressed with better-than-expected UK GDP data as the spotlight turns to US inflation figures.

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Tuesday, 11 May 2021

Gold Prices Fall as USD and Yields Creep Higher Before Inflation Data

Gold prices retreated from a three-month high as the US Dollar strengthened alongside the 10-year Treasury yield. Wednesday’s US inflation data will be closely eyed by bullion traders.

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Crude Oil Prices Hold Gains as Stockpiles Fall, OPEC Lifts Demand Outlook

Crude oil prices are supported by falling inventories and demand optimism from OPEC during Wednesday’s APAC trade. The Colonial pipeline outage and US inflation data are in focus.

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Euro Technical Forecast: EUR/USD, EUR/AUD, EUR/JPY Charts to Watch

The Euro's technical posture against the US Dollar, Japanese Yen and Australian Dollar shows potential for near-term directional shifts. Here are the EUR/USD, EUR/AUD and EUR/JPY levels to watch.

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Dow Jones Retreats as Inflation Heats Up, Hang Seng and ASX 200 in Sour Mood

The Dow Jones index fell for a second day as inflation angst spread from tech to growth and value sectors ahead of US data. The Hang Seng and ASX 200 indexes may follow lower.

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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...