Last week’s updated Federal Reserve dot plot, suggesting two US interest rate increases in 2023, could be a game-changer for EUR/USD. Strategically, a long-term trend lower may have now begun.
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Saturday, 19 June 2021
Crude Oil Price Forecast: Bullish Scenario Remains Intact amid Strengthening Demand
Although the Fed hawkish bias has caused some reflationary position unwinding and anxiety about the outlook for commodities, the fundamental picture for oil has not changed and remains bullish.
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US Dollar Outlook: A hawkish Fed Pivot – Is the USD Rally Transitory?
USD soars following hawkish Fed, rally looking overextended however.
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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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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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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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....