Thursday, 24 June 2021

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 Rebound May Lift Sentiment for Nikkei 225 and ASX 200

Wall Street stocks rallied following the approval of a $579 billion infrastructure deal. The S&P 500 and Nasdaq 100 both hit all-time highs. Asia-Pacific markets may follow a positive lead and trad...

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Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

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New Zealand Dollar Forecast: Improved Trade Balance, Westpac OCR Update to Lift NZD?

New Zealand reported positive trade data for May as the New Zealand Dollar gained against the US Dollar following a technical victory overnight.

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Canadian Dollar Price Outlook: Will USD/CAD Resume its Rally?

The Canadian Dollar has recovered lost ground against its USD peer over the last few trading sessions, but the Loonie might weaken again with USD/CAD looking like it wants to head higher.

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Major Banks Pass Fed Stress Test With Flying Colors, Paving the Way for Dividends and Share Buybacks

The Federal Reserve released stress test results for major US financial institutions on Thursday, with banks showing strong health and sufficient capitalization.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause

High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags the Dow Jones lower.

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Mexican Peso Gains on Banxico’s Rate Hike Surprise and Hawkish Shift, USD/MXN Sinks

Banxico surprises investors and raises its overnight interest rate by 25 basis points to 4.25%, causing the Mexican peso to rise sharply against the dollar.

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S&P 500 Leaps to All-Time High on Infrastructure Agreement

The S&P 500 Index is extending its rally to fresh all-time highs as stocks advance further on the session in response to President Biden announcing a bipartisan infrastructure deal has been reached.

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Gold Price Forecast: Gold Grasps at Fibo Support but Sellers Vigilant

Gold prices took a massive hit last week, but the sell-off stopped at a big spot of support. Sellers, however, haven't yet let up as a short-term range has built.

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Oil Price Outlook Hinges on OPEC JMMC Meeting

The price of oil may face headwinds ahead of the OPEC JMMC meeting on July 1 as the group appears to be on track to restore production throughout the rest of the year.

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GBP/USD Drops as BoE Disappoints Calls for Hawkish Surprise

BoE leaves policy unchanged as expected. 8-1 vote split disappoints GBP bulls looking for a hawkish surprise.

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EUR/USD Finding Short-Term Resistance Tough to Break, US Data to Drive the Next Move

EUR/USD is struggling to pull back recent losses and further lows may be on the horizon if US data shows inflation becoming increasingly sticky

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FTSE 100 Outlook: Trendline Support Becomes Resistance as Momentum Shifts

The FTSE 100 falls below key resistance as bearish pressure increases

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Bank of England Preview: How Will the Pound (GBP) React?

BoE to maintain policy settings, while risks lean towards a more hawkish statement.

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US Dollar (USD) Price Outlook: Friday's US Inflation Data to Determine Next Move

The US Dollar will likely trade narrowly ahead of Friday’s US core PCE data, the Fed’s favorite measure of inflation, which will likely determine the next major move for the currency.

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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Natural Gas Forecast: Prices Rise as US Heat Wave Drives Demand Narrative

Natural gas prices have recaptured a key trendline after a major heatwave sent energy demand in the United States soaring.

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Wednesday, 23 June 2021

Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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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...