Wednesday, 11 August 2021

Euro Outlook: EUR/USD at Risk of Falling Below 1.17, Focus on US CPI

The Dollar has been building on last week’s gains leaving EUR/USD just above 2021 low ahead of US CPI data.

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

GBP/USD continues to slip back as the US Dollar benefits from Senate approval of President Biden’s spending plans and continuing speculation that the Federal Reserve will taper monetary stimulus.

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Tuesday, 10 August 2021

Crude Oil Prices Fall on Small Stockpiles Draw, Lingering Viral Concerns

WTI crude oil prices fell to $68/bbl after API posted a smaller-than-expected draw in crude inventories. China reported 111 new Covid-19 cases on Tuesday as the Delta variant put the country on hig...

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Gold Price Forecast: Rebound Chances Dwindle as Taper Talk Bets Mount

Gold prices face long odds for a rebound as Fed taper talks solidify, pushing real rates higher. Bulls face a tough technical picture as well.

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Nasdaq 100 Pulls Back Ahead of CPI Data, Asia-Pacific to Open Mixed

The tech-heavy Nasdaq 100 led the decline while energy stocks rebounded on Wall Street, setting a mixed tone for APAC markets. Traders are eyeing today’s US inflation data for clues about Fed monet...

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Bitcoin (BTC/USD) Ether (ETH/USD)Forecast: Crypto special after NFP’S

Bitcoin (BTC) prices chase $45,000 ahead of economic turmoil

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Australian Dollar Outlook: AUD/USD Eyes Westpac Consumer Confidence

The Australian Dollar is seeing a mild rebound following a Rising Wedge breakdown. AUD/USD may see volatility on Westpac consumer confidence due out today.

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US Dollar Outlook: Inflation Data Make-or-Break for DXY

The US Dollar has advanced steadily versus key peers like the Euro and Yen over recent trading sessions. Will inflation data due for release fuel a bullish breakout or bearish reversal in the DXY I...

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USD/JPY Outlook: Dollar Rally to Face Slowing US Inflation

Fresh data prints coming out of the US may rattle the recent advance in USD/JPY as inflation is expected to slow for the first time in 2021.

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Mexican Peso Outlook: U.S. Inflation Data Could Lift Yields & the USD/MXN

The USD/MXN recent rebound could gain momentum if July's US inflation data surprises to the upside and brings forward Fed tightening expectations.

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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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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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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...