Tuesday, 24 August 2021

Market Sentiment Data Still Bullish for EUR/USD | Webinar

Trader confidence in riskier assets remains high on suggestions that the Federal Reserve may not after all signal a tightening of US monetary policy Friday.

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NZD/USD Jumps on Hawkish RBNZ, EUR/NZD Slammed into Key Support

NZD outperforms as RBNZ provides reminder of intention to hike rates.

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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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USD/ZAR Breaking News: Rand Slips as SA Unemployment Rate Rises

Downbeat South African unemployment data has added to the rand’s recent woes with USD/ZAR trading marginally higher after a strong start to the week.

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Equities Climb as Taper Odds Fall on Covid Concerns - DAX 30, CAC 40 Outlook

Global equites are on the rise again as analysts are now dubious about the Fed’s announcement of asset tapering at Jackson Hole

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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British Pound (GBP) Price Outlook: GBP/USD Rally May Run Out of Steam

The rally so far this week in GBP/USD has been caused entirely by the weakness of the US Dollar and a reversal lower looks likely soon.

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US Dollar Retreat, Wall Street Rally Lead APAC Equities Higher Ahead of Jackson Hole. Where To From Here?

The US Dollar gave up more ground today while Wall Street made another record high as taper concerns fade before Jackson Hole begins. Can USD regain strength?

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Monday, 23 August 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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Gold Price Forecast: XAU/USD Rises as Bullion Traders Brace for Jackson Hole

Gold prices are pointing higher to kick off the week as the highly anticipated Jackson Hole Economic Policy Symposium approaches. Fed Chair Powell's messaging on taper talks are vital to XAU's dire...

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Dow Jones Advances on Vaccine Optimism, Hang Seng May Follow Higher

The cyclically-oriented sectors led the gains on Wall Street after the FDA granted full approval to Pfizer-BioNTech’s Covid vaccine. Asia-Pacific markets opened higher following a strong US lead.

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US Dollar Outlook: Jackson Hole in Focus for USD/SGD, USD/THB, USD/IDR, USD/PHP

The US Dollar rose against the Singapore Dollar, Thai Baht and Indonesian Rupiah. While ASEAN Covid case growth is slowing, all eyes next week are on the Fed’s Jackson Hole Economic Policy Symposium.

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New Zealand Dollar Forecast: NZD/USD May Rise After Bright Q2 Retail Sales Data

The New Zealand Dollar is benefiting from risk-on flows after markets recovered from last week's drop. A better-than-expected Q2 retail sales figure out of New Zealand may boost NZD/USD further.

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USD/JPY Rate Struggles to Clear 50-Day SMA Ahead of Fed Symposium

USD/JPY appears to be stuck in a narrow range ahead of the Fed Economic Symposium as it struggles to push back above the 50-Day SMA (110.16).

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Copper Price Forecast: Fighting to Retake Pandemic Uptrend

Copper prices have clawed back their losses – but have gains been enough to change the tone?

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Gold Price Forecast: Gold Breaks Out Above 1800 - GLD Levels

Gold prices put in a strong move to open this week. Will bulls be able to drive through the Jackson Hole Economic Symposium?

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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USD/CAD Forecast: RSI Sell Signal Emerges Ahead of Fed Symposium

USD/CAD may face a pullback ahead of Fed Economic Symposium on tap for later this week as the RSI falls back from overbought territory to indicate a textbook sell signal.

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Nasdaq Price Outlook: PMI Data Eyed Ahead of Fed Symposium

The Nasdaq is gaining ground during early Monday trade as markets digest disappointing PMIs and greater likelihood that the Fed does not announce a taper timeline at Jackson Hole this week.

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FX Week Ahead - Top 5 Events: Mexico GDP; US Durable Goods Orders; ECB Meeting Minutes; US Michigan Confidence; Powell’s Jackson Hole Speech

The final week of August has a relatively thin economic calendar, but the US docket is still saturated.

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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...