Tuesday, 28 September 2021

Nasdaq Tanks on Rising U.S. Yields, ARKK Appears to Confirm Double Top Pattern

Rising US Treasury yields weigh on the equity market, with tech and growth companies bearing the brunt of the sell-off as traders rotate out of high-flying stocks with elevated valuations.

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EUR/USD Rate Defends 2021 Low Ahead of Euro Area Inflation Report

EUR/USD may continue to defend the yearly low (1.1664) as the update to the Euro Area Consumer Price Index (CPI) is anticipated to show a pickup in inflation.

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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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Gold Price Forecast: Gold Falls as Rates Rise, XAU/USD Nearing Support

Gold prices have continued to fall since FOMC but the sell-off has been surprisingly orderly so far. Is something else brewing on the other side of Gold prices?

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AUD/USD Rate Eyes Monthly Low amid Failure to Push Above 50-Day SMA

Lack of momentum to climb back above the 50-Day SMA (0.7321) may push AUD/USD towards the monthly low (0.7220) amid the deviating paths between the RBA and FOMC.

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US Dollar Holds Gains Despite Consumer Confidence Drop

US Consumer Confidence at Lowest Level Since February 2021. USD Unfazed

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Brent Crude Oil Soars to a Three Year High on Supply-Demand Mis-Match

Brent crude is now trading at highs last seen nearly three years ago as demand continues to soar.

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DAX 40, S&P 500, FTSE 100 Setup: Rising Yields and Energy Shortages Dampen Sentiment

Energy shortages, rising price expectations and higher yields weigh on global stocks

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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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GBP/USD Forecast: GBP Breakdown Risks Heightened on US Dollar Charge

GBP/USD Slides as US Dollar Extends Rally. Hawkish BoE Pricing Leaves GBP Vulnerable to Breakdown

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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Gold and Silver Price Outlook Bleak: Sellers in Control as US Bond Yields Rally

Gold and Silver are suffering from the ongoing rise in US bond yields with both looking to find the next level of technical support.

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Australian Dollar Jumps, Energy and US Yields Skip a Beat. Can AUD/USD Break Higher?

The Australian Dollar grinds higher as commodities roar and yields climb with Fed movements. Will the AUD/USD break new ground?

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US Dollar, Japanese Yen May Rise if Fed Policy Destabilizes CLO Market

The US Dollar and Japanese Yen may rise if Fed steps to tightening credit conditions destabilize liquidity-dependent credit instruments.

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Monday, 27 September 2021

Crude Oil Outlook: WTI Prices Climb, Supply Constraints Support Higher Prices

WTI crude oil prices continue to rise as prices reclaim key psychological levels. Supply constraints and heightened demand likely support the recent rise.

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Gold, Iron Ore Forecast: Rising Yields Weigh on XAU, Iron Ore Languishes

Gold prices face off with rising Treasury yields as jobs data approaches. Meanwhile, iron ore prices caught a small bid on bullish port activity out of China.

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Dow Jones Gains as Nasdaq 100 Sinks, Crude Oil Boosts Energy Stocks. ASX 200 in Focus

The Dow Jones outperformed the Nasdaq 100 as crude oil prices pushed energy stocks higher. The ASX 200 may find some relief as iron ore prices appear to stabilize after persistent losses.

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NZD/USD Struggles as RBNZ Hike Bets Dim. Australian Retail Sales, Chinese Data Near

The New Zealand Dollar is struggling to gain strength after traders cut RBNZ rate hike bets this past week. Today offers potential event risk through China's industrial profits and Australia's reta...

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Mexican Peso Outlook: Higher U.S. Yields Weigh on EMFX, Banxico on Tap this Week

Rising U.S. Treasury rates could weigh on the Mexican peso and EMFX in the near-term, especially if upside moves in yields are large and occur over a short period of time.

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Bitcoin (BTC/USD), Ethereum (ETH/USD) Grind Away at Support

Both Bitcoin and Ethereum continue to hold support even after China banned cryptocurrencies again. Ethereum is holding a range while BTC tests a longer-term spot of support.

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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...