Monday, 4 October 2021

FX Week Ahead - Top 5 Events: RBA & RBNZ Meetings; Mexico Inflation Rate; Canada Jobs; US NFP

The first full week of October promises several significant data releases and events over the next few days.

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Return to Normalcy Harkens Shift in Retail Trading Era

It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re...

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Gold Price Forecast: Gold Breakout Potential, XAU/USD Levels

Gold prices are punching up to a fresh weekly high after brewing a bullish reversal formation last month. Can Gold bulls take control as global risks rise?

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AUD/USD Rate Recovery Susceptible to Dovish RBA Forward Guidance

The Reserve Bank of Australia (RBA) interest rate decision may drag on AUD/USD as the central bank is widely expected to retain the current policy.

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Crude Oil Jumps in Immediate Reaction to Expected OPEC Announcement

Energy markets have been on fire in September, and a push to fresh yearly highs may not be far away for crude oil prices.

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Central Bank Preview: RBA and RBNZ Diverging Central Bank Policy

This week sees the Australian and New Zealand central banks provide updates to monetary policy with the RBNZ almost guaranteed to raise rates for the first time since the pandemic

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USD Buying Resumes, NZD Longs Stretched, CAD Shorts Reduced – COT Report

USD buying picking up against Euro, JPY & CHF. CAD shorts reduced. GBP rallies face hurdles.

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Gold Price (XAU/USD) Struggling to Move Higher, Significant Resistance Holds

The recent move lower in US Treasury yields has given gold a short-term boost, but notable resistance lies in the way of any move higher.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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GBP/USD Bounce Rejected at Key Fibonacci Level as USD Sellers Struggle For Momentum

GBP/USD has put in a solid bounce since last week’s lows but the pair is facing increase resistance just below 1.36

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Canadian Dollar Jumps on Energy Gains Ahead of OPEC+. Will USD/CAD Break Lower?

The Canadian Dollar has strengthened in recent sessions as energy prices continue to soar. Will USD/CAD move through nearby support levels?

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Sunday, 3 October 2021

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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US Dollar Outlook: USD/SGD, USD/THB, USD/PHP Eye NFPs, US-China Trade Tensions Risk

The US Dollar rose against SGD, THB, IDR and PHP this past week. Less-dovish Fed expectations and a slowing China seem to be key drivers. Eyes are on NFPs as US-China trade tensions could resurface.

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AUD/USD Eyes USTR China Announcement as APAC Trading Week Starts

The Australian Dollar may rise versus the Greenback amid a potentially quiet Monday session. However, traders are turning focus to an expected announcement out of the US regarding trade terms with ...

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Markets Q4 Outlook: Dow Jones, US Dollar, Gold, Fed, Euro, ECB, Oil, Volatility Returns?

Volatility captured markets as the Dow Jones, S&P 500 and Nasdaq 100 fell in September. The US Dollar and crude oil prices are on the rise, with gold vulnerable to rising Treasury yields. What is i...

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Oil Q4 Fundamental Forecast: Stronger Demand to Be Met with Limited Supply

The price of oil trades back above the $70 handle going into the fourth quarter of 2021 as signs of stronger demand are met with limited supply.

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Japanese Yen Q4 Fundamental Forecast: USD/JPY Likely Remains Skewed Higher

The Japanese Yen wrapped up a fairly steady third quarter, but likely remains vulnerable against the US Dollar heading into the end of 2021. Will a less-dovish Fed push USD/JPY higher?

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Saturday, 2 October 2021

US Dollar Q4 Fundamental Forecast: Dollar Outlook Firms as Global Risk Trends Cool and Yields Rise

The Dollar has attempted a serious bullish break in the transition from the third to fourth quarter of 2021. With Fed rate forecasts charged and risk trends wavering, what is in store for the Green...

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British Pound Q4 Forecast: Preparing the Ground for Interest Rate Hikes

The fourth quarter of 2021 will likely see the Bank of England start talking about interest rate hikes as early as the beginning of next year, boosting the attraction of Sterling.

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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...