Thursday, 9 September 2021

Euro Forecast: After ECB, Ranges Prevail in EUR/GBP, EUR/JPY, EUR/USD

The Euro is slightly weaker after the ECB’s ‘readjustment,’ except against the US Dollar.

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Oil Price Trades in Monthly Opening Range as Ida Hits US Crude Data

The price of oil may continue to track the opening range for September as it struggles to push back above the 50-Day SMA ($69.93).

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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 Breaking News: Missed SA Manufacturing Data Halts Rand Gains

A plethora of economic data today ended in a win for rand bulls as USD/ZAR eyes 14.000, while focus shift towards Fed speeches later today.

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Gold Price Reverses Ahead of July High to Trade Back Below 200-Day SMA

The failed attempt to clear the July high ($1834) undermines the recent recovery in the price of gold as it trades back below the 200-Day SMA ($1809).

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Crude Oil Prices Drop as China Releases National Reserves

Crude oil prices have fallen back on news that China has released crude from its reserves to reduce the pressure on its companies from rising raw material prices.

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Breaking: ECB to Slow PEPP Purchase Pace, EUR/USD and Bund Yields Muted

ECB to slow PEPP purchases as expected. Euro and Bund yields see muted reaction in light of expected decision.

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Solana (SOL/USD) Continues to Soar, Ethereum (ETH/USD) Consolidating Recent Flash Crash

The alt-coin market is shaking off this week's heavy sell-off with multiple coins making double-digit gains.

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Euro Setup: EUR/USD, EUR/GBP Ahead of ECB

Euro traders keeping an eye on ECB as expectations for a hawkish tilt rise

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Chinese Property Giant Evergrande’s Debt Fears, Ongoing Gaming Market Shake-Up

Chinese property giant Evergrande is back in the news as fears over the size of the companies debt pile and the possible wider spread contagion effect increase.

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British Pound (GBP) Price Outlook: GBP/USD Downturn to Persist

GBP/USD continues to edge lower, partly on a firm US Dollar and partly on speculation that the Bank of England may decide to offset the fiscal tightening announced by the UK Government.

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Gold Prices Erase Two-Week Rise in a Day on Fed Outlook Rethink

Gold prices tumbled, erasing two weeks of gains in a single day as the markets recalibrated Fed policy bets. The spotlight now turns to the ECB.

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Australian Dollar Hit as Market Mood Sours, ECB Taper Talk Eyed. Will Risk Appetite Return?

The Australian Dollar fell as the Fed’s Beige Book got a sombre response and a taper-minded ECB meeting came into view. Will it bring risk assets like AUD/JPY some reward?

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Wednesday, 8 September 2021

Australian Dollar Forecast: AUD/USD Weakness Unfazed After Soft Chinese Inflation

AUD/USD weakness was unfazed following softer-than-expected Chinese CPI data. Traders will be watching for action from the PBOC in the coming weeks as bets on further stimulus gyrate.

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Natural Gas Outlook: Bias Remains Skewed Higher Amid Tightened Supply

Natural gas prices broke out to a fresh 7-year high as traders digest colder seasonal temperatures and low reserves.

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Chinese Yuan Forecast: USD/CNH Eyes China CPI, PPI Figures in APAC Trade

The Chinese Yuan is in focus as Chinese inflation and factory gate prices are set to cross the wires in today's Asia-Pacific session. The data points will likely influence near-term PBOC policy dec...

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Financials and Energy Stocks May Have Upside Potential, XLF and XLE Look Attractive

Financials and energy stocks, with cheap valuations, may offer a compelling risk/reward profile heading into the fourth quarter as the economic recovery stabilizes.

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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Bitcoin (BTC/USD) Finds Support above $45,000 after Steep Decline

Bitcoin (BTC/USD) falls back to $46,000 after a strong rally. Which way will crypto go?

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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...