Saturday, 14 August 2021

Euro Forecast: EUR/USD Prepares to Break Critical 1.17 Support Level

Stronger GDP growth in the US than the Eurozone this year and an earlier tightening of US monetary policy will likely continue to put downward pressure on EUR/USD, taking it to new 2021 lows.

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Gold Flash Crash Reversed, Fed Gears Up for Taper Signal

Gold breaks key pivot, resistance ahead likely to cap. Fed Officials talk tapering.

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US Dollar Forecast: FOMC Minutes to Detail Tapering Debate

The US Dollar pivoted lower this past week with USD price action weakening broadly on the back of decelerating inflation and plunging consumer sentiment. Will FOMC minutes revive US Dollar bulls?

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Bitcoin (BTC), Ethereum (ETH) Probing Multi-Week Highs, Alt-Coin Surge Continues

Bitcoin is set to print its 4th weekly green candle in a row, the first time this has happened since late January when prices rallied to a fresh all-time high just a few weeks later.

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Friday, 13 August 2021

Australian Dollar Outlook: AUD/USD at Risk of RBA Taper, Chinese Regulations

The Australian Dollar continues to face headwinds from a number of fronts with divergencies in risk assets, RBA/Fed tapering plans and Chinese Crackdowns.

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British Pound (GBP) Weekly Forecast: Will CPI and PPI Continue to Diverge?

GBP ends the week with mixed performance as July jobs, CPI and PPI data will be in focus next week

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AUD/USD Rate Defends August Range Amid Failure to Teste July Low

AUD/USD appears to be stuck in a narrow range following the failed attempt to test the July low (0.7289).

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US Dollar Pullback Accelerates as Consumer Sentiment Plunges

The US Dollar has been trading on its back foot this morning with selling pressure intensifying in the wake of a big miss on consumer sentiment data just released amid mounting delta variant concerns.

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Record Breaking Run for EU STOXX, FTSE Rises to Pre-Pandemic Levels

The broader EU STOXX 600 is on track to post gains for a record tenth straight session while the FTSE reaches pre-Covid levels

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S&P 500 (SPX), China Shutdown & Crude Oil – FinTwit Trends to Watch

FinTwit this week: SPX hits all-time highs, China closes key port and crude oil feels the pinch as delta variant concerns persist.

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Gold Price Running Into a Formidable Zone of Opposition

Gold has regained its composure in the last few days and is now trying to break back into a prior trading range.

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EUR/GBP Price Outlook: Weekly Close Key as Corrective Risks Brew

Bears eyes on weekly close for EUR/GBP as corrective risks rise.

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Bitcoin (BTC) and Ethereum (ETH) Battle Key Resistance Heading Into the Weekend

Cryptocurrencies are picking up momentum after Thursday’s setback but there is still key resistance ahead

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AUD Undermined, Delta Cases Up, AUD/NZD Downtrend, Iron Ore Weakens

The Australian Dollar has some issues but maintains a range against USD for now while the AUD/NZD downtrend looks intact to test lows. Asia moved sideways today ahead of a busy data week.

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Cardano (ADA) Pumps Ahead of Smart Contract Announcement, Messi in The Money

Cardano coin holders are heading into the weekend with a smile on their faces as the 4th�largest cryptocurrency by market cap continues to pump higher.

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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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Thursday, 12 August 2021

Gold Price Outlook: XAU/USD May Rise as Week Wraps Up, Eyes on US Data

Gold prices may climb into the weekend if softer University of Michigan Sentiment data sends Treasury yields lower. Falling XAU/USD net-long bets offer a contrarian bullish bias.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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5 Myths on Women and Money: Wall Street Isn’t Just for Men

In the past 10 years Barbara Stewart, CFA, has interviewed more than 850 women on money, investing and trading. Stewart publishes research on financial behaviors to show how smart women think and c...

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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...