Monday, 17 May 2021

Gold Price Forecast: Gold Breaks Bull Flag - Can Buyers Maintain?

Gold prices have jumped to a fresh three-month-high, breaking above resistance from a bull flag formation.

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USD/JPY Mirrors Decline in US Treasury Yields Ahead of FOMC Minutes

USD/JPY continues to pullback from the monthly high (109.79) ahead of the FOMC Minutes to largely mirror the recent weakness in longer-dated US Treasury yields.

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Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes

The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe...

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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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US Dollar Selling Persists, CAD Bulls Largest Since Late 2019 - COT Report

US Dollar selling shows little signs of easing. GBP & CAD inflows the key drivers.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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British Pound (GBP) Outlook - GBP/USD Braced as UK Re-Opening Continues

Nearly 70% of the adult population have had at least one covid-19 jab as the UK continues to re-open, boosting hopes of a stronger economic rebound.

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BTC/USD Bounces Back as Elon Musk Denies Tesla Sold Bitcoin Holdings

Bitcoin jumps after a weekend of heavy selling as Musk denies Tesla sold its holdings

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Sunday, 16 May 2021

Crude Oil Prices Struggle as Viral Resurgence Clouds Asia's Demand Outlook

Crude oil prices struggled during Monday’s Asia-Pacific session as viral resurgence in the Asia-Pacific dampened the energy demand outlook. WTI is eyeing a key chart resistance at $ 66.50.

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Cardano Cryptocurrency (ADA) Outlook: Green Bitcoin Alternative for Tesla?

Cardano (ADA) on the rise as Ethereum-inspired Alt coins offers a green alternative to Bitcoin

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Gold Prices at 14-Week High as Yields Fall, Chinese Buyers Return

Gold prices surged to a 14-week high as the 10-year Treasury yield fell for a third day. Inflation fears and viral resurgence bolstered the appeal of the yellow metal, as Chinese buyers returned to...

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Dow Jones, Hang Seng, ASX 200 Outlook: Tech Rebound Bolsters Risk Appetite

Wall Street stocks closed broadly higher, setting a positive tone for Asia-Pacific markets at the weekly open. April retail sales growth fell short of expectations, cooling fears about tapering Fed...

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AUD/USD Eyes Chinese Economic Data as Sentiment Cautiously Improves

AUD/USD aims higher as several potentially hard-hitting economic events out of China are set to cross the wires. Meanwhile, market sentiment remains on fragile footing after last week.

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Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes

The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe...

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Stock Market Forecast for the Week Ahead: Will Risk Appetite Recover?

US equities endured turbulent price action last week and could be positioned for further volatility as fundamental forces butt heads and investors look to negotiate the shifting landscape.

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Mexican Peso Weekly Forecast: USD/MXN Drops as Markets Price in Rate Cut Despite Banxico Dismissal of Inflation

USD/MXN drops to 4-month low as odds of a rate cut by December 2020 rise to 50%.

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Saturday, 15 May 2021

The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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Euro Forecast: EUR/USD May Struggle if Dovish ECB Talks Numb Data Reactions

The Euro eyes Eurozone GDP, inflation and PMI data next week. However, still-dovish ECB commentary from top officials may dampen the impact of better-than-expected outcomes on EUR/USD.

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Gold Price Forecast: Bullion Susceptible to Dovish FOMC Minutes

The Federal Open Market Committee (FOMC) Minutes may drag on the price of gold as the central bank appears to be in no rush to switch gears.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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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...