Friday, 18 June 2021

Bitcoin (BTC): Short-Term Support Under Threat as Positive Sentiment Wanes

A short-term ascending channel is under threat after Bitcoin’s first attempt to break through a stubborn resistance zone failed

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Australian Dollar Outlook: Hard Fight Ahead Against FOMC-Charged US Dollar

The Australian Dollar sank against the US Dollar after the FOMC sent a hawkish policy signal. AUD/USD faces a new headwind in the form of a charged US Dollar.

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Bitcoin Price Stalls at Resistance - Can BTC Avoid Range-Bound Trading?

Bitcoin trades between two major technical levels as price action threatens range-bound trading.

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British Pound Outlook: GBP/USD Clears May Low Ahead of BoE

The Bank of England (BoE) interest rate decision may do little to sway GBP/USD as the central bank is widely expected to retain the current course for monetary policy.

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Surveying the Amazon

In May, Investor's Business Daily and TechnoMetrica collaborated on a big tech poll (IBD/TIPP). So, Luckbox conducted a survey of its own.

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Amazon Primeval

As the company extends its reach into nearly every aspect of American life, it is trying to shift the conversation away from antitrust.

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Bitcoin (BTC), The Fed & S&P 500 (SPX) – FinTwit Trends to Watch

This week FinTwit was overflowing as the U.S. Federal Reserve provided a surprise. The two darlings of the last few years (Bitcoin and the S&P 500) have taken a hit as a possible shift in policy lo...

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Stock Market Forecast: Amazon's Prime Day is Making Retailer History

Amazon is making history with its Prime Day event that has seen company sales surpass totals tallied on Black Friday and Cyber Monday combined. Can Amazon reel in massive profits again this year?

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EUR/USD Faces First Oversold RSI Reading Since February 2020

Recent developments in the RSI warn of a further decline in EUR/USD as the indicator pushes into oversold territory for the first time since February 2020.

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Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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S&P 500 Risking a Pullback in the Week Ahead

S&P 500 seasonals and risk barometer pointing to a pullback for the week ahead.

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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Canadian Dollar Outlook - USD/CAD Surge Now Hitting Extreme Levels

The sharp USD/CAD rally has now pushed the pair into extreme overbought territory according to one technical indicator

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South African Rand Price Action Setups: USD/ZAR, EUR/ZAR, GBP/ZAR

The Rand has been hampered this week after the Fed’s hawkish jolt bolstered the U.S. dollar. As we look to close out Q2, will the ZAR be able to hold on as the best performing EM year-to-date?

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British Pound Price Outlook: GBP/USD Extends Pullback as Retail Sales Disappoint

GBP/USD continues to slide as the US Dollar attracts further bullish momentum

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Gold Prices May Bounce as Markets Digest Fed Policy Pivot

Gold prices may find a lifeline after suffering brutal losses in the wake of a momentous Fed policy pivot as traders ponder scope for rate hikes even as the timing quickens.

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Thursday, 17 June 2021

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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Japanese Yen Forecast: Bank of Japan Extends Easy Policy, USD/JPY Unfazed

The Japanese Yen was largely unchanged following the Bank of Japan’s (BoJ) latest policy decision. Policymakers kept the super easy policy in place as Japan lags in its efforts to fight the pandemic.

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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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Dow Jones, Nasdaq 100 Outlook: Reflationary Trade Dissipating, Nikkei 225 Eyes BoJ

The Dow Jones is back to underperforming the Nasdaq 100 as long-run US inflationary bets fade after the Fed. Ahead, the Nikkei 225 is eyeing the BoJ as the ASX 200 appears toppy.

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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...