Friday, 1 October 2021

Euro Q4 Fundamental Forecast: More Euro Weakness Likely Lies Ahead

The ECB, and by extension the Euro, faces the unenviable combination in Q4 of weakening economic growth and above-target inflation.

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USD/JPY Correction Takes Shape amid Failure to Test 2020 High

USD/JPY may face a larger pullback during the first full week of October amid the failed attempt to test the 2020 high (112.23).

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SPX (S&P 500) Confirms the Largest Monthly Sell-off Since March 2020

Historically, US equities tend to fall in September but there are a number of risks on the horizon threatening to extend losses.

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US Dollar Muted on PCE, But Watch Out for ISM Risk

USD reaction muted amid in-line PCE. Eyes on ISM

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Bitcoin (BTC), Ethereum (ETH) Rally Into Q4 on Positive Sentiment

The cryptocurrency market has started the final quarter of the year on a positive note and there may be more gains to come in the next 3 months.

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Dollar Index (DXY), Natural Gas (LNG) & Nasdaq (U.S. Tech) – FinTwit Trends to Watch

Entering Q4, Fintwit is at its peak with markets extended on many fronts. The dollar makes headlines, natural gas prices continue to rise and U.S. tech stocks disappoint.

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Eurozone CPI: Euro CPI Reflects ‘Wall of Worry’ over Energy Prices

Core Inflation for the Eurozone comes in at 1.9% with the Inflation (YoY) rate rising to 3.4%

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Crude Oil Prices Torn Between Supply Fears, Grim Market Mood

Crude oil prices struggle for direction at four-month highs as fears of a global supply squeeze compete for influence with a broadly risk-off backdrop. US PCE and ISM data due ahead.

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US Dollar Holds Gains Ahead of PCE, Consumer Confidence, and ISM Data

The US Dollar should start supported around yearly highs if markets remain confident the Fed will tighten monetary policy

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S&P 500 Technical Damage Amid Deteriorating Sentiment, USD/JPY Slides

S&P 500 closes below key support for first time in a year. USD/JPY slides post quarter-end rebalancing.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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Australian Dollar Grips on to Coal Train in Risk-Off Rout. Will AUD/USD Go Lower?

The Australian Dollar tried to go higher today, but risk-off sentiment became all too pervasive and US Dollar safe-haven buying emerged. Can AUD/USD hang on?

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Thursday, 30 September 2021

Gold Price Forecast: XAU Eyes FOMC Bets Ahead of PCE Data, Non-Farm Payrolls

Gold prices broke a multi-day losing streak and rallied before hitting Falling Wedge resistance. Inflation data and next week's non-farm payrolls report are on the radar for bullion traders.

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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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AUD/USD Rises on Down US Dollar, Possible Recall of Chinese Ban on Australian Coal

The Australian Dollar rose into Friday's APAC session as the Greenback fell with Treasury yields. An energy crisis in China may see a ban lifted on Australian coal imports.

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Copper Price Remains Under Pressure as China Fears Continue to Grow, Coal Prices Soar

Copper prices continue to decline as fears over a stagnating China weigh on global demand and market sentiment.

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Rate hike odds have eased back for both the RBA and RBNZ ahead of the their October meetings next week.

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S&P 500, Nasdaq Forecast: Equity Pullback Deepens to Close Q3

It was a September to forget for stocks as both the Nasdaq and S&P 500 put in bearish engulfing formations on the monthly chart.

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EUR/USD Tanks to Fresh Yearly Low as USD Strength Drives FX

The US Dollar breakout has continued from the ascending triangle formation, and this has pushed EUR/USD down to a fresh yearly low.

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Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

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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...