Friday, 14 May 2021

US Dollar Weakness Unfazed by Consumer Confidence, Inflation Expectations

A consumer confidence report from the University of Michigan has left USD weakness largely unchanged, despite a tick higher in consumer inflation expectations.

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EUR/GBP Price Outlook - Trading Range Continues to Offer Opportunities

EUR/GBP remains within a multi-week trading range with little on the horizon to trigger a break, one way or the other

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European Equities Technical Outlook: DAX 30, IBEX 35

European equities attempt to reverse their losses as focus shifts to US retail sales

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Dogecoin (DOGE) Rallies Sharply on Elon Musk Co-operation, Coinbase Adoption News

Dogecoin has jumped by over 20% today after Tesla boss Elon Musk said that he is working with Doge developers to improve ‘transaction efficiency’

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Australian Dollar Forecast: Key AUD/USD Levels to Watch

AUD/USD indecision as support stems further declines, however, falling iron ore prevents AUD recovery.

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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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Thursday, 13 May 2021

Gold Price Forecast: Will XAU/USD Shrug off a Higher US Retail Sales Outcome?

Gold prices are trying to recover recent losses heading into key US retail sales and sentiment data. Will the Fed’s dovish tone numb a market reaction to unexpectedly better data?

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Crude Oil Prices May Fall as US Retail Sales Data Shapes Fed Outlook

Crude oil prices may continue to fall after suffering the largest daily drop in six weeks as US retail sales data stokes speculation about a sooner-than-expected Fed policy pivot.

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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S&P 500 Index Rebound May Offer Relief for Nikkei 225 and ASX 200

The S&P 500 index reversed a three-day loss amid favorable jobs data and falling commodity prices, which cooled inflation fears. APAC markets look set to trade higher following a positive lead. Dog...

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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NZD/USD Rises After Rate Bets Ease, Business NZ PMI in Focus

The risk-sensitive New Zealand Dollar rose as rate trades eased and Wall Street gained. NZD saw a positive print in New Zealand's business PMI.

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US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields

The US Dollar traded broadly sideways on Thursday as bulls paused the rally amid softer Treasury yields. Will retail sales and consumer sentiment data stoke inflation fears and a bid beneath the DXY?

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint

Nasdaq 100, S&P 500, and Dow Jones end Thursday higher following three straight days of declines, as Disney reported disappointing revenue and Disney+ subscriber numbers.

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S&P 500 Forecast: Stocks at Risk Following Major Trendline Break

As inflation fears erode risk appetite, the S&P 500 could experience further volatility puttingstock valuations at risk of further declines. A major trendline break on the S&P 500 might accelerate ...

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USD/MXN Continues Lower as Bank of Mexico Leaves 4.0% Rate Steady

The Bank of Mexico on Thursday kept its benchmark lending rate at 4.0%, as expected. USD/MXN was largely unchanged on the news but continued its drift lower.

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USD/CAD Faces RSI Buy Signal After Clearing September 2017 Low

The Relative Strength Index (RSI) indicates a textbook buy signal for USD/CAD as the oscillator climbs out of oversold territory and pushes above 30.

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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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Shiba Inu: ‘Dogecoin Killer’ Slayed after Tesla Bitcoin Ban

Shiba Inu ‘Dogecoin Killer’ soars after Elon Musk’s SNL performance, but gets slayed after Tesla’s Bitcoin reversal.

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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...