Sunday, 22 August 2021

S&P 500 Advance May Lift Nikkei 225, Traders Eyeing Jackson Hole

Wall Street stocks advanced on Friday as investors took the recent selloff as an opportunity to buy more. Asia-Pacific markets look set to open higher ahead of the Jackson Hole symposium this week.

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Australian Dollar Forecast: AUD/USD Troubles Intensify After Bleak PMIs

The Australian Dollar may face a hard time recovering losses from last week's big drop versus the Greenback after soft PMIs opened the week in APAC trading.

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Markets Week Ahead: Dow, EUR/USD, Oil, Fed Symposium, PMIs, Delta

Markets faced a broad risk-off tone last week with sentiment deteriorating further due to global growth concerns and the delta variant of covid. The Dow and EUR/USD eye the Fed symposium on tap.

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Equities Gear Up for Jackson Hole Symposium: DAX 30, S&P 500 Key Levels to Watch

Investors turn their focus to the Jackson Hole Symposium as global stocks suffer a setback

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Fundamental Forecast For the Week Ahead: USD/ZAR, GBP/ZAR, EUR/ZAR

Emerging market currencies have continued to underperform relative to select G10 counterparts as risk appetite fades. Jackson Hole and US data ahead

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Saturday, 21 August 2021

Euro Forecast: Further EUR/USD Weakness in Store

Last Thursday's dramatic drop in EUR/USD below the critical 1.17 level has opened the way for further steep losses in the pair although some consolidation either side of 1.17 is likely first.

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Gold Price Tethers as Rapport with USD and Treasury Yields Is Tested

A quite week for spot gold after a rollercoaster August. Markets await further guidance as Jackson Hole Symposium looms. XAU/USD looks to dollar drivers.

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Weekly Fundamental US Dollar Forecast: More Tapering Hints at Jackson Hole

The US Dollar (via the DXY Index) has moved up to fresh yearly highs as traders have begun to anticipate the Fed’s stimulus withdrawal.

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Bitcoin, Ethereum Pushing Towards Fresh Multi-Week Highs, Alt-Coin Rally Resumes

The cryptocurrency market is looking in good shape ahead of the weekend with prices breaking out of their recent consolidation phase and pressing higher.

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Friday, 20 August 2021

Australian Dollar Outlook: AUD/USD Downside Risks as the US Dollar Soars

The Australian Dollar will be under pressure to shrug off a strengthening USD as commodities risks increase, Delta spreads and the Fed moves into view.

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GBP/USD Rate Outlook Hinges on Fed Economic Symposium

The Fed Economic Symposium in Jackson Hole, Wyoming may influence the near-term outlook for GBP/USD if the central bank provides details of a potential exit strategy.

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S&P 500 (SPX), AUD/USD & Jackson Hole – FinTwit Trends to Watch

With markets breaking key levels across the board, FinTwit has come alive during the summer months. SPX falls, Aussie tanks and Jackson Hole is eyed.

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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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South African Rand Dollar Forecast: USD/ZAR Aims Higher Ahead of Jackson Hole

USD/ZAR threatens yearly highs as US Dollar bulls gain momentum. Will Jackson Hole be make or break for the volatile Rand?

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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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EUR/USD Outlook - Pointing Lower as US Dollar Strength Remains in Control

EUR/USD continues to trade below 1.1700 as the US dollar probes fresh nine-month highs.

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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GBP/USD Threatening to Drop Below 1.36, UK Retail Sales Drop Unexpectedly

GBP continues to slide as retail sales add to concern that demand and growth are slowing

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US Dollar Holds High Ground. China Cracks Down as Risk Assets Eye Fed. Does AUD/USD Continue Lower?

The US Dollar moved sideways in Asia while Chinese equities melted under crackdowns and Delta variant concerns that continue to sway markets.

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Gold Price Rise Stalled as the US Dollar and Bond Yields Clash

A spirited gold price rise ground to a halt as churning Fed policy speculation drove divergence between the US Dollar and Treasury bond yields. The Jackson Hole symposium is eyed ahead.

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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...