Sunday, 20 June 2021

Dow Jones, Nikkei 225, ASX 200 Outlook: Tapering Fears Hurt Sentiment

Wall Street stocks pulled back broadly on Friday after St. Louis Fed President James Bullard hinted that an initial interest rate hike may take place as soon as in late-2022. The US Dollar rallied ...

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Australian Dollar Forecast: Retail Sales Data May Interrupt Post-FOMC AUD Drop

The Australian Dollar is coming off its worst weekly performance against the US Dollar since September 2020 following a hawkish Fed signal. Will strong retail sales data stop the drop?

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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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Weekly Fundamental Gold Price Forecast: The Tides Have Turned

Tough sledding ahead for gold prices.

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Markets Week Ahead: Gold, Dow, Pound-Dollar, BoE Rate Decision, Fed Risk, PMIs

Markets were roiled by a wave of volatility following the Fed last week. The Dow Jones and gold prices plunged while the US Dollar surged. What's in store for GBP/USD with PMIs and the BoE on tap?

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Saturday, 19 June 2021

Mexican Peso Weekly Forecast: USD/MXN Charges Higher

USD/MXN breaks several resistance levels as the USD rally extends further

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Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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Euro Forecast: Time to Turn Bearish on Long-Term EUR/USD Price Outlook

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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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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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...