Tuesday, 10 August 2021

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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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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USD/CAD Post-NFP Rally Vulnerable to Slowdown in US CPI

The update to the US Consumer Price Index (CPI) may undermine the recent advance in USD/CAD as inflation is expected to slow down for the first time in 2021.

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USD/ZAR Outlook: U.S. Dollar and Delta Variant Factors Key for Rand

After a miserable week last week for rand bulls, focus shifts to U.S. CPI data tomorrow for further guidance on USD/ZAR.

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USD Bulls Stalling, GBP Buyers Step in, Risks Rising for CHF - COT Report

USD bulls begin to stall. Pound sees broad demand, risks rise for CHF.

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EUR/USD Tumbles Into Multi-Month Support After German ZEW Data Disappoints

The latest ZEW economic sentiment data has pushed EUR/USD back towards multi-month lows with little near-term support seen.

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DAX 30 Rejected Again at 15,800; ZEW Sentiment Slumps on Gloomy Outlook

The DAX 30 struggles to build demand as sentiment sours on rising Delta variant in the US and China

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British Pound (GBP) Price Outlook: GBP/USD Still Edging Lower as USD Rises

A modestly firmer US Dollar continues to be the main driver of GBP/USD, with speculation that the Federal Reserve will taper US monetary policy earlier than previously expected helping the US curre...

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Monday, 9 August 2021

How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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Crude Oil and Iron Ore Prices in Tailspin as Covid Seen Damaging China’s Growth

Crude oil and iron ore prices appear to be in a tailspin as the Delta Covid variant is forecasted to put the brakes on the Chinese economy as cases grow.

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Gold and Silver Prices Rebound After Big Drop. Are More Gains Ahead?

Gold and silver prices rebounded after falling sharply over the last two days, enticing bargain-hunters. A “Double Top” chart pattern on gold’s chart hints that the overall trend may still be tilte...

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Dow Jones Retreats amid Growth Concerns, Hang Seng Opens Higher

The cyclically-oriented sector led the decline on Wall Street on Monday amid lingering viral concerns and falling crude oil prices. The US Dollar extended higher after a strong NFP. Asia-Pacific ma...

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Copper Analysis: Inflection Point Incoming, Major Support Test Looms

Copper looks set to retest an ascending trendline from March 2020. A slowing Chinese economy is weighing on sentiment amid the spreading Delta Covid variant.

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NZD/USD May Weaken as Goldman Sachs Downgrades Chinese Growth Outlook

The New Zealand Dollar fell overnight against the US Dollar as Covid and Chinese economic downgrades weighed on sentiment.

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Bitcoin Forecast: Infrastructure Amendment Validates Crypto

Bitcoin price action is ripping higher with BTC/USD now up nearly 60% off its recent swing low. The digital asset infrastructure bill amendment serves as the latest bullish catalyst for crypto.

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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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USD/MXN Crawls Higher Ahead of U.S. CPI Data & Banxico’s Rate Decision

USD/MXN could gain momentum and charge higher in the coming days if US inflation data surprises to the upside and reinforces expectations of an early tapering of stimulus.

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US Dollar Rallies to Resistance - Inflation Set to Drive

The US Dollar is testing a resistance zone, holding near highs after a strong move developed last week. This week brings July inflation numbers.

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Crude Oil Prices Plunge to Key Support, Oil Demand Outlook Weakens

Crude oil extends losses as prices fall 4%, Delta variant while slowing China adds to woes

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Bitcoin (BTC), Ethereum (ETH) Consolidating Recent Gains, Outlook Remains Positive

The cryptocurrency market is hanging on to most of this weekend's rally and is likely to push further ahead in the coming days and weeks.

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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...