Sunday, 4 July 2021

Australian Dollar Correction Brewing: Q3 Top Trading Opportunities

AUD/USD trades to a fresh 2021 low (0.7477) in June as Federal Reserve officials project two rate hikes for 2023, and the exchange rate may continue to give back the V-shape recovery from 2020 as t...

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Gold Prices Rebound as the US Dollar and Yields Fall After Strong NFP

Gold prices traded higher as the US Dollar and Treasury yields retreated following the release of strong US nonfarm payrolls data. Prices may attempt a breakout as the MACD indicator forms a bullis...

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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.

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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.

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S&P 500 Hits Record High as NFP Beats, Didi May Weigh on Tech Sentiment

Wall Street stocks closed at record highs as nonfarm payrolls data beat. Beijing’s latest crackdown on Didi may weigh on tech sentiment in HK. The RBA rate decision and FOMC minutes are in focus th...

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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.

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Gold Q3 Fundamental Forecast: Outlook Deteriorates for Gold Prices

Over the past five years, gains by US real yields have been generally correlated with losses by gold prices.

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Short EUR/CAD on Central Bank Differences: Q3 Top Trading Opportunities

Monetary policy decisions from the ECB and BOC to determine EUR/CAD performance

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Short USD/CAD on 1.2000 Break, Short Gold as Monetary Policy Shifts: Q3 Top Trading Opportunities

The transition from the first half to the second half of 2021 has seen some remarkable shifts in market focus and belief. Provocative Dollar technicals and anticipation for normalizing monetary pol...

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Long USD/ZAR: South African Rand May be Losing Steam: Q3 Top Trading Opportunities

After a strong 2021, the rand could be in for a tough time as U.S. taper talk and interest rates adjustments become more relevant. Could Q3 be the turning point for USD/ZAR?

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GBP/JPY May Fall as the Fed Feeds Yen Real Yield Advantage: Q3 Top Trading Opportunities

The Yen may rise against the British Pound as policy pivot from the US Federal Reserve boosts real yield spreads in favor of the Japanese currency.

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Saturday, 3 July 2021

Long Nasdaq 100 on Return to Growth Stocks: Q3 Top Trading Opportunities

The Nasdaq 100 found itself in an unusual position in the first five months of the year as it lagged behind its industrial counterpart the Dow Jones amid the ongoing reflation trade.

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British Pound Q3 Fundamental Forecast

The UK economic recovery continues, aide by a successful vaccination program, all eyes are now on data releases

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AUD/USD at Risk Amid Less-Dovish Fed, PBOC Normalization, Australia-China Tensions: Q3 Top Trading Opportunities

The Australian Dollar may struggle in the third quarter amid a combination of a less-dovish Federal Reserve and potentially consequential knock-on economic impacts from China.

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Australian Dollar Correction Brewing: Q3 Top Trading Opportunities

AUD/USD trades to a fresh 2021 low (0.7477) in June as Federal Reserve officials project two rate hikes for 2023, and the exchange rate may continue to give back the V-shape recovery from 2020 as t...

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Yen Q3 Fundamental Forecast: Road Ahead Remains Tough

The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.

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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.

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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!

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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.

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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.

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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...