Monday, 26 July 2021

IBEX 35 Analysis: Rally Continues Despite Virus Fears, Focus Shifts to Fed

IBEX 35 continues to rally as the ECB remains extremely accommodative and virus fears subside. Will the upcoming Federal Reserve rate decision derail the index’s progress?

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Australian Dollar Forecast: AUD/USD May Rise on Chinese Industrial Profits

The Australian Dollar may rise further versus the Greenback if Chinese industrial profits impress. Meanwhile, Covid lockdowns are set to ease in South Australia and Victoria.

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How to Trade Forex News: An Introduction  

Find out the essentials of trading the news with this introductory guide to forex news trading

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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

US indices have a packed week ahead with earnings from the major technology names, US GDP data due and an FOMC rate decision. With so much on the docket the potential for volatility is heightened.

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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Mexican Peso Outlook: USD/MXN Wavers as Traders Look to Fed for Taper Clues

USD/MXN fluctuates between small gains and losses at the beginning of the week and continues to trade between horizontal resistance at 20.20 and short-term trendline support near 19.85.

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Bitcoin (BTC) Update: Amazon, Twitter & Tesla Earnings - Bitcoin in Focus

Bitcoin (BTC/USD) surges to six-week high after Twitter’s Dorsey and Amazon ‘insider’ hint at further institutional adoption of digital currency.

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S&P 500 Outlook: Strong Tesla Earnings Kick of Event-Laden Week

Strong Q2 Tesla earnings kick off a week full of high-profile earnings, economic data, and the July FOMC meeting.

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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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FX Week Ahead - Top 5 Events: Australian, Canadian, & Eurozone Inflation Rates; Eurozone & US GDP; July FOMC Meeting

The final week of July brings forth a packed economic calendar – particularly for the US Dollar.

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Cryptomonnaies : le Bitcoin bondit et flirte avec les 40 000 dollars

Le Bitcoin (BTC) bondit à son plus haut niveau en six semaines.

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Gold Price Outlook Dependent on Federal Reserve Forward Guidance

A change in the Fed’s forward guidance may produce headwinds for the price of gold if the central bank shows a greater willingness to scale back its emergency measures.

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Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook

The Euro’s gains against the trio of commodity currencies has largely been driven by anything other than the Euro itself.

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USD/CAD Price Forecast: Risk Events to Dominate the Week Ahead

A full week of economic data releases underscores the importance of risk management as volatility in the pair is likely to rise

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USD/ZAR Outlook: South African Rand Falls Ahead of Fed Build Up

USD/ZAR pullback off 15.0000 support levels last seen in March this year. All eyes are on Wednesday Fed meeting with technical analysis (short-term) favoring rand bulls.

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EUR/USD Outlook: Euro Sentiment Soft Eyes on Fed Meeting

Euro anchored around 1.18, sentiment in the single currency remains soft, but conviction on the low side.

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DAX 30 Outlook: IFO Business Data Shows Dampening Sentiment

The DAX 30 sees another negative weekly start as risk-off spills over from Asia

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Bitcoin (BTC), Ethereum (ETH) Surge on Amazon Payment Rumor

Talk that Amazon may accept Bitcoin as a means of payment sent the cryptocurrency market spiraling higher, breaking multi-week resistance levels.

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Gold Prices May Struggle Despite China Stocks Drop as FOMC Looms

Gold prices may struggle to build on modest gains amid a sharp Chinese stock market selloff as trend development awaits the FOMC policy announcement.

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Sunday, 25 July 2021

US Dollar Outlook: Federal Reserve in Focus for SGD, THB, IDR, PHP Amid Covid Risks

The US Dollar may remain on the offensive against ASEAN currencies amid Covid case growth and regional lockdown risks that threaten growth. All eyes are also on the Federal Reserve.

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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...