Thursday, 29 July 2021

How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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New Zealand Dollar Outlook: NZD/USD Breaks Higher from Wedge Pattern

The New Zealand Dollar is gaining against the US Dollar after breaking higher from a wedge pattern. Meanwhile, Asia Pacific markets look set to trade Friday on a positive note.

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Bitcoin to Boost Coinbase ($COIN) as Robinhood ($HOOD) Flops

Bitcoin price action ($BTCUSD) has propelled higher this week. With crypto outlook sanguine again, Coinbase ($COIN) has potential to outperform Robinhood ($HOOD) following its weak IPO.

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Mexican Peso Outlook: USD/MXN Falls On Dovish Fed and U.S. GDP Data Miss

A dovish Fed and a weaker-than-expected U.S. gross domestic product print weighed on the dollar and drove USD/MXN to its lowest level since mid-July.

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What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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Commodities Trader @Chigrl Talks FinTwit, Women and Trading

She's been called an oil market Internet sensation. On any given day the commodities trader takes to Twitter to push out breaking news on crude oil.

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EUR/USD Stages Four-Day Rally Ahead of Euro Zone GDP, US PCE Update

EUR/USD may stage a larger recovery going into the end of the month as the Euro Area is expected to recover from a technical recession.

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Canadian Dollar Price Forecast: USD/CAD Breaches 1.2500 - Loonie Levels

USD/CAD is approaching a key spot of support but the tides of reversal are strong. Can USD/CAD bulls hold or will sellers bring back the bearish trend?

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Robinhood IPO Set to Take Equity Markets by Storm, First Trades at $38

Robinhood listed publicly on Thursday with an enterprise value of $32 billion after shares were priced at $38.

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Tech Review: Positive Earnings and Accommodative Fed Lift the Nasdaq 100 Index

Apple, Microsoft, Google, Facebook and Tesla all beat earnings estimates. Nasdaq eyes all-time highs once more as the Fed remains accommodative

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FTSE 100 Index Forecast: UK Stocks Surge on Robust Earnings Reports

FTSE 100 index up 1% today and 9.70% YTD after several constituents posted record earnings results with help from a dovish Fed and sliding UK bond yields.

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AUD/USD Rate Defends Post-FOMC Gain on Lackluster US GDP Report

AUD/USD defends the advance following the Federal Reserve interest rate decision as the US Gross Domestic Product (GDP) report warns of a weaker-than-expected recovery.

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US Dollar Hits Monthly Low as Jobless Claims, Q2 GDP Disappoint

The US Dollar is extending its post-Fed slide so far during Thursday's trading session with the help from disappointing data on weekly jobless claims and second quarter GDP.

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Euro Price Outlook - US Data Will Decide the Next Move in EUR/USD

The recent EUR/USD rally is heading into a zone of resistance ahead of two important US data releases

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Gold Price Forecast: Is Bitcoin Taking the Shine Away From Gold?

Neutral Fed does little for the USD, boding well for higher gold prices

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NZD/USD Outlook: Central Bank Divergence to Play a Key Role

Investors were left wanting more from the Fed as other central banks move towards adapting their monetary policy

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British Pound (GBP) Price Outlook: GBP/USD Strong, Breaks Above Resistance

Sterling is firm all round Thursday, with GBP/USD breaking above another important resistance level, and the pair now seems on course to hit 1.40 in due course.

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US Dollar Trend Still Points Higher After FOMC, Q2 GDP Eyed

The US Dollar was knocked back by July’s FOMC policy announcement but a close look at officials’ guidance hints the uptrend remains intact. Second-quarter GDP data is in focus next.

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Wednesday, 28 July 2021

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.

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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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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...