Tuesday, 5 October 2021

New Zealand Dollar Forecast: NZD/USD Eyes Resistance After RBNZ Rate Hike

The New Zealand Dollar is in focus after the Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points - one of the first G10 central banks to tighten policy.

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AUD/USD Rises as Wall Street Sentiment Warms. RBNZ at Hand for APAC Traders

The Australian Dollar rose overnight after risk assets caught a bid. China is reportedly accepting Australian coal. APAC traders have the RBNZ rate decision in focus today.

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ASX 200 May Continue to Gyrate Despite Strong Trade Data, Dovish RBA

The S&P/ASX 200 Index may look for a near-term trend reversal following a surprise trade surplus in August.

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EUR/USD Forecast: RSI Buy Signal Takes Shape Ahead of NFP Report

The opening range for October raises the scope for a near-term recovery in EUR/USD as the advance from the first day of the month pulls the RSU out of oversold territory.

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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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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Fed speakers sound hawkish, and rates markets have rapidly adjusted to the reality of a taper announcement in November.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

The US Dollar has found support at prior resistance, but are bulls able to put in another forceful move with NFP on the calendar for later this week?

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NZD/USD Rate Rebound Vulnerable to Dovish RBNZ Rate Hike

The Reserve Bank of New Zealand (RBNZ) interest rate decision may fuel larger recovery in NZD/USD as the central bank is expected to deliver a rate hike.

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USD/JPY Jumps on Firm ISM Beat, Eyes on NFP

Better than expected boosts USD and risk appetite. JPY Suffers.

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USD/ZAR Outlook: SA Rand Vulnerable as EM’s Poised for Hardship

South African rand bulls should be wary of U.S. data and Federal Reserve directives in Q4. Labour data later this week could prove crucial to Fed decision making and may hold the key to the Q4 ZAR ...

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EUR/CHF Line in the Sand, AUD/NZD Turning Point

EUR/CHF approaching SNB Intervention Levels, while RBNZ Kicks Off Hiking Cycle

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Market Sentiment Webinar: Surging Crude Oil Price Hits Stocks Ahead of NFPs

Trader confidence has taken a battering from fears that higher commodity prices will harm global growth and increase inflation, leading to lower stock prices and demand for safe havens like USD.

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DAX 40, S&P 500, FTSE 100 Setup: Stagflation Concerns Grow Despite Continued Stimulus

Investors eye the NFP data on Friday as concerns about high inflation and sluggish growth rise

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Bitcoin (BTC) Rallies into $50k Resistance Zone, Alt-Coins Build on Bitcoin Strength

Bitcoin's rally from last Thursday's low continues and now nears an important zone of resistance that if broken will leave multi-week highs vulnerable.

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British Pound (GBP) Price Outlook: GBP/USD Downtrend May Resume

After rallying from the low at 1.3412 touched on September 29, GBP/USD will likely stabilize around the 1.36 level and could weaken from there on talk of stagflation.

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US Dollar Leaps as Energy Soars and Equities Struggle. Will USD Make a New High?

The US Dollar moved higher while risks continued to swirl around Chinese property and equity markets as energy prices rise. Will USD make a new high?

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Monday, 4 October 2021

Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Crude Oil, Natural Gas Forecast: OPEC, Seasonal Trends Put Bulls in Strong Position

Crude oil is on the move higher after OPEC kept production increases for November at 400k barrels per day. Meanwhile, natural gas is in a strong position as the 2021/2022 heating season looks to ki...

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Australian Dollar Grips On as RBA Delivers on Expectations, Will AUD/USD Rise?

The Australian Dollar held steady immediately after the RBA stuck with their plan for tapering through to February. Can AUD/USD break resistance?

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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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...