Wednesday, 13 October 2021

Crude Oil Forecast: Rally Stumbles on API Inventory Build, OPEC Report

Crude oil's rally stumbled after a large US inventory build and a downbeat demand outlook update from OPEC. EIA inventory data is in focus for energy traders.

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Gold Price Outlook Shines as US Dollar Sinks and Energy Soars. Where to From Here?

Gold prices ramped up on US Dollar weakness post CPI and FOMC minutes, but other commodities continue to outperform the yellow metal. Can gold find its own legs?

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AUD/USD Points Higher Despite Mixed Employment Data

The Australian Dollar's uptrend remains intact despite employment data for September coming in relatively mixed.

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Singapore Dollar Gains, USD/SGD Falls as MAS Surprises with Tightening. Now What?

The Singapore Dollar gained and USD/SGD fell as the Monetary Authority of Singapore (MAS) unexpectedly tightened policy at its biannual meeting. Will USD/SGD continue lower?

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Chinese Yuan Forecast: USD/CNH at Key Technical Level After US Dollar Drops

The Chinese Yuan is gaining versus the US Dollar, with USD/CNH on track to break levels not seen since June. Australian jobs data and Chinese inflation will cross the wires today.

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Luckbox Leans in with Annie Duke

Annie Duke on trading, bet-sizing, prospect theory, outcome bias and quitting.

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USD/JPY Rate Rally Vulnerable to RSI Sell Signal

Looming developments in the RSI may indicate a near-term pullback in USD/JPY if it falls back from overbought territory to offer a textbook sell signal.

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US Dollar Backs Down After CPI, Holds Higher-Low Support

The US Dollar put in another probe of resistance around this morning's CPI release, but buyers couldn't hold the bid and the USD is now putting in a pullback.

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New Zealand Dollar Forecast: NZD/USD Outlook Confined by Defined Range

NZD/USD may continue to consolidate over the remainder of the week as the exchange rate fails to clear the opening range for October.

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USD Lifted, Gold Dips on Upside Inflation Surprise

US CPI suggests inflation is not as transitory as initially anticipated

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Earnings Season: JP Morgan and Blackrock Blow Past Estimates

Find out more about JP Morgan and Blackrock Q3 earnings

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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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Gold Price (XAU) Testing Resistance Ahead of US Inflation Data

Gold is pushing into an area of technical resistance ahead of today's important US inflation report.

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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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British Pound (GBP) Price Outlook: GBP/USD Steady, Sterling Gains on EUR, JPY

GBP continues to track USD higher against other currencies, with EUR/GBP down and GBP/JPY up as UK GDP growth data show a rapidly expanding UK economy.

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Norwegian Krone Jumps as US Dollar Weakens Ahead of US CPI. Will EUR/NOK Break Lower?

The Norwegian Krone has gained ground since Norges Bank was the first G-10 central bank to raise rates last month. Can the Krone continue to strengthen?

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Crude Oil Prices May Turn Lower on US CPI, FOMC Minutes

Crude oil prices may turn lower if US CPI inflation data along with minutes from September’s FOMC meeting amplify a hawkish shift in Fed policy expectations.

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Tuesday, 12 October 2021

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 Price Forecast: XAU Faces Tough Path Despite Economic Growth Woes

Gold prices remain mostly stagnate as central bank rate hike bets continue to move higher despite pullbacks in economic growth forecast.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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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...