Thursday, 26 August 2021

How to Trade Forex News: An Introduction  

Find out the essentials of trading the news with this introductory guide to forex news trading

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USD/ZAR Price Outlook: Dollar-Focused ZAR Looks to Jackson Hole on Friday

USD/ZAR selling pressure stabilizes for now as markets gear up for J. Powell’s appearance at Jackson Hole

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NZD/USD Struggles to Clear 50-Day SMA amid Hawkish Fed Guidance

Headlines coming out of the Fed Economic Symposium appear to be dragging NZD/USD as Federal Reserve officials show a greater willingness to scale back monetary support.

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Gold (XAU/USD), Silver (XAG/USD) Forecast: Gold and Silver Remain Focused on the Fed

Gold and Silver prices remain suppressed in anticipation of Fed Chair.Co Jerome Powell’s speech at Jackson Hole

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Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

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USD/JPY Technical Setup Suggesting A Break Below 108.50

USD/JPY is gearing up for the final leg of its symmetrical pattern

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British Pound Outlook: GBP/USD Supported by USD Weakness, UK Covid Data Warns

GBP/USD is keeping hold of this week's gains, ahead of the Jackson Hole Symposium, but closer to home UK covid data paints a negative picture.

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EUR/USD Outlook: Will the Fed Move the Needle at Jackson Hole for the Most Liquid Currency Pair?

The Euro traded sideways today against the US Dollar ahead of the Jackson Hole symposium. Will EUR/USD resume its downtrend?

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Wednesday, 25 August 2021

Crude Oil Prices Pause Rally as the Pandemic Clouds the Outlook

WTI crude oil prices paused a three-day gain as investors mulled the spread of Delta variant around the globe and its impact on energy demand. The Jackson Hole symposium will also be in focus.

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Gold and Silver Hold Breath for Jackson Hole, ETF Outflows Accelerate

Gold prices hovered at around $1,788 during Thursday’s APAC trade as traders awaited the Jackson Hole symposium. Silver prices have likely formed a “Double Bottom” pattern.

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Swiss Franc Technical Forecast: USD/CHF, GBP/CHF Chart Levels to Watch

USD/CHF and GBP/CHF present key levels and patterns that may provide actionable moves for Swiss Franc traders. .

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S&P 500 Hits Record Ahead of Jackson Hole, Hang Seng May Retreat

The S&P 500 and Nasdaq 100 hit all-time highs on Wednesday as investors awaited the Jackson Hole symposium for clues about the Fed’s next move. Asia-Pacific markets look set to open in cautious mood.

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Natural Gas Outlook: Price Continues to Benefit from Warmer Weather, Eyes on $4.00

Natural gas prices once again tested the $4.00 mark as hot summer weather continues to stimulate demand.

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AUD/USD May Fall if Risk Taking Slows as Cases in New South Wales Swell

The risk-sensitive Australian Dollar is vulnerable to a broader market reversal if sentiment fades. APAC traders will be watching the Bank of Korea's rate decision today.

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US Dollar Outlook: Fed Taper Talk at Jackson Hole is Key

US Dollar bears have faded strength over the last few trading sessions with markets thinking it is increasingly likely that Fed officials avoid a taper announcement at their Jackson Hole Symposium.

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Silver (XAG/USD) Price Forecast: Silver Resilience Holds Strong in Anticipation of Jackson Hole

Silver prices remain above critical support ahead of the annual Jackson Hole Symposium, Federal Reserve remains a key catalyst for price action.

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Oil Extends Bullish Price Action as US Inventories Fall for Third Week

The price of oil extends the recent series of higher highs and lows as US inventories contract for the third consecutive week.

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Russell 2000 Rises and Approaches No Man’s Land, Jackson Hole Verdict in Focus

The Jackson Hole Symposium could be the next bullish catalyst for the Russell 2000 if the Fed embraces patience and slow-walks its taper plans

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Euro Forecast: Turnaround in EUR/JPY, EUR/USD Gathers Pace; EUR/GBP Rangebound

The Euro has been registering an important technical turnaround after last week’s breakdown.

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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...