Wednesday, 29 September 2021

Mexican Peso Outlook: Banxico Seen Hiking Rates Again. How will USD/MXN React?

Banxico is expected to raise interest rates on Thursday to control inflation. As the hike is fully priced in, the monetary policy statement will be more important for the Mexican peso.

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NZD/USD Rate Selloff Pushes RSI Towards Oversold Territory

Looming developments in the RSI may indicate a further decline in NZD/USD if the oscillator pushes into oversold territory for the first time since March 2020.

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US Dollar Jumps, Fresh 2021 High - Nasdaq 100 Grinds at Support

The US Dollar has continued to rally ahead of the Q4 open, pushed along by last week's FOMC. But there's another side to the matter, as shown by tech stocks grasping for support.

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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Canadian Dollar Price Forecast: USD/CAD Spikes from Support - Loonie Levels

USD/CAD started the week with a support test, but now it's spiking up to resistance as USD strength has continued from last week's FOMC announcement.

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Gold Price Rebound Susceptible to Rising US Treasury Yields

Current market conditions may continue to drag on the price of gold as speculation for a looming shift in Federal Reserve policy lifts US Treasury yields.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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British Pound (GBP) Price Outlook: Is EUR/GBP Ready to Break the Range?

EUR/GBP testing the top of the range. Eyes on GBP/JPY for key support.

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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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US Dollar Prints a Fresh Multi-Month High, USD/JPY Consolidates Recent Rally

The US dollar basket (DXY) continues to push ahead and has just traded at a fresh multi-month high.

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EU Breaking News: EUR/USD Unphased by Positive EU Sentiment Data, Bearish Euro

The Euro was largely unaffected by better than expected EU sentiment data after markets likely priced in the announcement yesterday on the back of German and French prints. Emphasis now on daily EU...

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WTI, Brent Looking to Extend Gains as Supply Crunch Sees Oil Surge

Oil prices surge as increasing demand and tight supply cause prices to surge

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The Euro Melts Lower Amid Rising Yields and Sinking Equities. Can EUR/USD Hold?

The Euro is nearing the low of the year as the US Dollar gains on higher yields, undermining equities. Will EUR/USD make a new low?

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Tuesday, 28 September 2021

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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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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Gold Price Forecast: Skyward Treasury Yields, GLD ETF Outflows Dim XAU Outlook

Gold prices remain under pressure as traders continue to hit the sell button on Treasuries. Meanwhile, gold's total ETF holdings are near the lowest in 5 months after fund outflows.

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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AUD/USD Losses Moderate With Treasury Yields. Japanese Election in Focus for APAC

The Australian Dollar moved lower versus the US Dollar overnight as gaining yields and higher interest rate bets pushed traders out of risk assets. The Japanese party leader election is in focus to...

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Natural Gas Outlook: Price Continues to Soar as Severe Winter Shortage Looms

Natural gas prices continue to race higher as global supply continues to lag well behind demand. Current month futures briefly traded above $6.00 mmBtu.

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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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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...