Monday, 7 June 2021

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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NZD/USD Rate Reversal Takes Shape Ahead of May Low

NZD/USD may continue to retrace the decline from the start of the month as it appears to have reversed course ahead of the May low (0.7115).

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FTSE Outlook: UK Index Faces a Stern Challenge with Yearly High in Sight

The bullish run continues for FTSE and other major indices but a stern challenge awaits if it is to continue

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DAX 30, IBEX 35 Outlook: NFP Data Supports Fed's Plan to Focus on Creating Employment Over Inflation

European stocks are trading a little softer as focus shifts towards inflation data

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British Pound (GBP) Latest: GBP/USD Within Range, GBP/JPY Eyes Key Levels

GBP remains within range. Delta variant raises reopening doubts, while GBP/JPY eyes multi-year levels.

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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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Sunday, 6 June 2021

Crude Oil Prices Eye Resistance at $70 as Selling Pressure Builds

WTI crude oil prices pulled back after hitting a two-and-half year high of $69.97. Investors are assessing a rosy demand outlook, the ongoing pandemic and the resumption of Iran nuclear talks this ...

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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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Gold Prices Retreat as Janet Yellen Backs Biden Stimulus, Higher Interest Rates

Gold prices retreated Monday after Janet Yellen showed her support for Biden’s spending plans and welcomed a “slightly higher” interest rate environment. Real yield edged higher, weighing on bullion.

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Dow Jones, Hang Seng, ASX 200 Outlook: NFP Miss Buoys Stocks and Bullion

Wall Street stocks rebounded as a slight miss in nonfarm payrolls data alleviated Fed tapering fears. Falling yields and a weaker US Dollar boosted gold and crude oil prices. APAC markets opened hi...

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Australian Dollar Analysis: AUD/USD to Rise on Chinese Trade Data?

The commodity-linked Australian Dollar may look to run higher if Chinese trade data impresses after Australia's Ai Group Services Index posted an expansion for May.

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Markets Week Ahead: Dow Jones, Gold, Canadian Dollar, BoC, Euro, ECB, US CPI

The Dow Jones ended on an upbeat as the US Dollar and Treasury yields weakened. Ahead, the Canadian Dollar and Euro are eyeing the BoC and ECB respectively. Will gold prices weaken on the US CPI re...

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Weekly Technical US Dollar Forecast: Rally Fizzling, Bears Retaking Control

The US Dollar (via the DXY Index) saw all of its weekly gains evaporate following the May US nonfarm payrolls report as US Treasury yields receded.

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Nasdaq 100 Forecast: Is the Market Prepared for Fed Tapering Stimulus?

The Nasdaq 100 index limped into the weekend in a sour mood, as robust jobs reports reignited fears about Fed tapering stimulus. The tech sector may be under further pressure if this narrative stre...

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Saturday, 5 June 2021

Euro Forecast: EUR/USD Price Outlook Stable, ECB Tapering on Back Burner

For Euro traders the week ahead will be dominated by the ECB meeting that ends Thursday but any hopes for clarity on when the Eurozone central bank will start tightening monetary policy will likely...

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Gold Price Outlook: XAU/USD at Risk to US CPI Beat Before June Fed Rate Decision

Gold prices were slightly scarred this past week, leaving XAU/USD at risk to a beat in US inflation data next. However, follow-through may have to wait until the Fed rate decision.

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US Dollar Outlook: USD Eyes US CPI, Contrarian Indicator Signaling a Bottom?

USD awaits US CPI and ECB, while rise in demise of dollar reporting may prompt contrarian signal.

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The Superforecasters

How a college-based team of students, faculty and volunteers bested government intelligence community prognosticators and gave birth to Superforecasting.

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Elon Musk and Bitcoin - The Biggest Break Up Since Kim and Kanye?

High-profile splits are commonplace these days, but are Elon Musk and Bitcoin really going their separate ways?

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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...