Monday, 6 September 2021

Gold Price (XAU/USD) Outlook: Another Test of Multi-Week Resistance

Gold perked up post-US NFPs on Friday but the precious metal is still finding it difficult to break through a multi-week resistance level.

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New Zealand Dollar Forecast: NZD/USD Rise Capped, NZD/JPY Tracking Nikkei 225 Higher

NZD/USD Advance Halted by YTD Trendline, NZD/JPY Tracking Nikkei 225 Surge

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GBP/USD Outlook: Parliament Return Could Cause GBP Weakness

As the Dollar recovers from Friday’s NFP disappointment, GBP Faces Political Turmoil as Parliament tries to deal with piling issues

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US Dollar Rebounds, Pushing Crude Oil Lower. More Production To Keep a Lid Prices?

The US Dollar regained some lost ground on Monday with crude oil and gasoline lower, but aluminium at 15-year highs. Can the crude make break higher?

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Sunday, 5 September 2021

Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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Nasdaq 100 Rose After Mixed NFPs. Nikkei 225 Saw Best Week Since 2020, More Next?

The Nasdaq 100 rose as the S&P 500 and Dow Jones fell after mixed US non-farm payrolls data. Ahead, the Nikkei 225 is eyeing follow-through after the best week since May 2020.

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Australian Dollar Forecast: AUD/USD Traders Brace for RBA, Chinese Data

The Australian Dollar is looking to extend gains into a third week versus the US Dollar. However, AUD/USD faces a Reserve Bank of Australia rate decision and overbought technical indicators.

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Markets Week Ahead: Nasdaq 100, AUD/USD, RBA, EUR/USD, ECB, USD/CAD, BoC

The Nasdaq 100 shined, the US Dollar sank and gold soared after a huge non-farm payroll miss. Ahead, AUD/USD, EUR/USD and USD/CAD face the RBA, ECB and BoC rate decisions respectively.

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Equities Wobble After Extremely Disappointing NFP Headline: DAX 30, S&P 500 Key Levels to Watch

Investors weigh up tapering timeline as NFP data disappoints.

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Saturday, 4 September 2021

Euro Forecast: EUR/USD Outlook Bearish, Doves to Outvote Hawks at ECB Meeting

Last week, a succession of European Central Bank hawks made clear they’d like it to tighten monetary policy, but they’ll be outnumbered by the doves this week and policy will stay just where it is ...

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Gold Price Weekly Forecast: XAU/USD Boosted by Lackluster NFP and Weaker Dollar

Dismal NFP jobs data and a weaker dollar helped boost gold prices on Friday. We take a look at the week ahead to assess whether the move is likely to gain momentum

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Gold Price Weekly Forecast: XAU/USD Boosted by Lackluster NFP and Weaker Dollar

Dismal NFP jobs data and a weaker dollar helped boost gold prices on Friday. We take a look at the week ahead to assess whether the move is likely to gain momentum.

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Canadian Dollar Forecast: Weakening US Labor Market to Weigh on USD/CAD

USD/CAD could lose further ground in the coming week on expectations that the weakening U.S. jobs market will lead the Fed to be more patient before withdrawing policy accommodation.

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US Dollar Outlook Turns Outward After NFP Miss: RBA, ECB, BoC Rate Decisions Next

The US Dollar sank after a huge non-farm payrolls miss pushed back Fed tapering bets. Ahead, the RBA, ECB and BoC rate decisions may fuel AUD/USD, EUR/USD and USD/CAD volatility.

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Bitcoin (BTC) Nears $51k, Ethereum (ETH) Probes $4k While Solana (SOL) Soars Again

The cryptocurrency market swell continues with prices across the board moving higher with potential weekend volatility ahead.

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Friday, 3 September 2021

Australian Dollar Outlook: AUD/USD Turns to RBA Decision After US Non-Farm Payrolls Data

The Australian Dollar is looking to the RBA for clarity of taper timing amid diverging commodity prices and after US non-farm payrolls. Can the AUD/USD rally last?

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Non-Farm Payrolls (NFP), Bitcoin (BTC) & S&P 500 (SPX) – FinTwit Trends to Watch

Non-Farm Payroll’s (NFP) rocked financial markets with a staggering 235K print after forecasts suggested 750K. Crypto’s surged with Bitcoin (BTC) leading the charge while SPX faded.

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British Pound Forecast: GBP/USD Needs a Domestic Boost to Move Higher

GBP/USD has been boosted of late by a weak US dollar and unless Sterling can find its own catalyst the pair may find further gains hard to come by.

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US Dollar Post-NFP, ISM: EUR/USD, GBP/USD, USD/CAD

It was a busy Friday for the US Dollar, but prices caught support at a big spot as the focus shifts to next week's BoC and ECB rate decisions.

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US Dollar Drops, Gold Spikes Initially on NFP Headline Shock

A shocking headline weighs on USD, however, firm details counters USD drop

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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...