All Market Live

Saturday, 3 July 2021

Crude Oil Gains to Persist; Stocks to Stay on Their Rocket: Q3 Top Trading Opportunities

Despite some twists and turns, the first half of the year was indeed about the growth story, and heading into 3Q’21, it appears that the tune will remain the same.

from DailyFX - Market News https://ift.tt/36cfFoo
via IFTTT

US Dollar Recovery Back at Make-or-Break Resistance – Q3 Top Trading Opportunities

Into the start of Q2 our DXY outlook concluded that, "Bottom line: looking for topside exhaustion early in the quarter to give way to larger pullback." We got it!

from DailyFX - Market News https://ift.tt/3xbNLoq
via IFTTT

Long GBP/JPY: Q3 Top Trading Opportunities

GBP/JPY is up around 30 big figures from the spike low made in mid-March 2020 with the daily chart showing a series of higher highs and higher lows printed along the way.

from DailyFX - Market News https://ift.tt/3w9itNK
via IFTTT

EUR Q3 Fundamental Forecast: ECB Review May Lead to Euro Weakness

As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.

from DailyFX - Market News https://ift.tt/2TyYGKn
via IFTTT

Friday, 2 July 2021

AUD/CAD May Be a Catch-Up Trade in Q3: Q3 Top Trading Opportunities

Coming in to Q2 my trade of short AUD/CAD had been predicated on US exceptionalism and the growing divergence between the BoC and RBA.

from DailyFX - Market News https://ift.tt/36f1mPO
via IFTTT

Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens: Q3 Top Trading Opportunities

A hawkish shift in the Fed’s monetary policy stance may mark another period of outperformance in the Nasdaq 100 index versus the Dow Jones Industrial Average.

from DailyFX - Market News https://ift.tt/36bcCNm
via IFTTT

AUD Q3 Fundamental Forecast: Australian Dollar Outlook Mired by Dovish RBA Forward Guidance

The Australia Dollar faced headwinds throughout the second quarter of 2021 as the Reserve Bank of Australia (RBA) offered a dovish forward guidance for monetary policy, with AUD/USD trading to a fr...

from DailyFX - Market News https://ift.tt/3dGpiQn
via IFTTT

Reinvigorated Copper Trade - Fundamentals and Techs Remain Supportive: Q3 Top Trading Opportunities

Copper has been on a massive bull run ever since the March 2020 low and looks set to continue due to supportive technical and fundamental factors despite the recent sell-off.

from DailyFX - Market News https://ift.tt/3hwHQUd
via IFTTT

USD/JPY to Try to Move Higher out of Macro Wedge: Q3 Top Trading Opportunities

USD/JPY had been in a narrowing range the past few years, and on that was a chart that had been of interest for some time for the very reason that it hadn't been of much interest to the broader mar...

from DailyFX - Market News https://ift.tt/3dF5mgH
via IFTTT

Gold, Silver Price Pullback Could Provide Attractive Opportunities in Q3

If the Fed decides to drag its feet for kicking off the taper timeline, markets could unwind rate hike bets, and in turn, this may provide attractive opportunities for traders to go long gold and s...

from DailyFX - Market News https://ift.tt/2SOOzRm
via IFTTT

Dollar 3Q Forecast: Fed's Efforts to Temper Volatility Could Trip Up Greenback

The US Dollar ended the first half of this year with a smart rally and references to Fed rate expectations were frequently accompanying performance in the headlines. What does the Dollar face funda...

from DailyFX - Market News https://ift.tt/3Ahbc1H
via IFTTT

CAD/JPY Bullish Breakout Potential Near Five-Year-Highs: Q3 Top Trading Opportunities

Central banks in Canada and Japan appear to be on divergent paths, and the CAD/JPY pair is very near a key point on the chart for bullish breakouts.

from DailyFX - Market News https://ift.tt/3qGirfd
via IFTTT

Robinhood IPO, Non-Farm Payrolls & OPEC+ – FinTwit Trends to Watch

Another exciting week in financial markets as FinTwit was flooded by heavy hitting stories from different sectors namely, the Robinhood IPO, U.S. unemployment data (NFP) and OPEC+ meeting to addres...

from DailyFX - Market News https://ift.tt/3xfjZPM
via IFTTT

Post NFP Rand Price Setups: USD/ZAR, GBP/ZAR and EUR/ZAR

ZAR gained against a basket of majors (USD, GBP, EUR) after mixed NFP data revealed a higher unemployment rate despite adding more jobs

from DailyFX - Market News https://ift.tt/3ymuJvX
via IFTTT

US Dollar Pressured as Unemployment Rate Ticks Higher to 5.9%

US Dollar bulls look like they are disappointed by the latest nonfarm payrolls report, which showed the unemployment rate rise to 5.9% despite the economy adding 850K jobs in June.

from DailyFX - Market News https://ift.tt/2V5noCF
via IFTTT

US Dollar Forecast: NFP Preview with Fed Policy & Market Impact

The DXY Index is hitting fresh 12-week highs with the US Dollar strengthening broadly headed into Friday's release of nonfarm payrolls data. How will the NFP report impact Fed policy and markets?

from DailyFX - Market News https://ift.tt/3jxs12p
via IFTTT