Monday, 25 October 2021

Crude Oil Jumps Up as US Dollar Weakens and Powell Alters Course. Can Oil Go Higher?

WTI and Brent crude oil both hit lofty levels today as inflation is acknowledged as being more persistent than previously thought. Will crude continue higher?

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Sunday, 24 October 2021

What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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US Dollar Forecast: Turning Point Reached? USD/SGD, USD/THB, USD/IDR, USD/PHP

The US Dollar might be stabilizing against ASEAN currencies as inflationary woes resurface ahead of GDP and PCE data. Amazon, Apple and Facebook earnings may also drive sentiment ahead.

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Weekly Fundamental Gold Price Forecast: Rising Inflation Expectations Buoy Bullion

Gold prices’ recent gains have come on the back of rising inflation expectations outpacing bond yields.

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Markets Week Ahead: Nasdaq 100, Tech Earnings, Euro, ECB, Canadian Dollar, BoC, Yen, BoJ

Despite jitters on Friday, the Nasdaq 100, S&P 500 and Dow Jones finished higher last week. Highly-anticipated tech earnings are ahead, including those from Amazon and Apple. All eyes are on the EC...

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S&P 500 & FTSE 100 Forecasts for the Week Ahead

US equities back to record highs, but inflation concerns remain. FTSE eyeing EU-UK spat.

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US Dollar Outlook: USD, USD/JPY, EUR/USD Key Levels

USD faces headwinds as the combination of fundamental and technical levels push the dollar to key levels against major currency pairs

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Saturday, 23 October 2021

Canadian Dollar Forecast: USD/CAD Drop Supported by Crude Oil, Will BoC Disappoint?

The Canadian Dollar remains supported amid elevated crude oil prices. Don't be surprised if the Bank of Canada disappoints aggressive hawkish expectations. Earnings season is a wildcard.

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Euro Forecast: ECB Meeting Will Aim to Keep EUR/USD Stable, All Settings Unchanged

The European Central Bank will consider it a job well done if there is no movement in EUR/USD or the Euro crosses before, during or after Thursday’s policy announcements by its Governing Council.

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US Dollar Forecast: Greenback Vulnerable to Slowdown in US GDP

The update to the US GDP report may keep the Greenback under pressure as signs of a slowing recovery undermines speculation for an imminent shift in Fed policy.

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Friday, 22 October 2021

Bitcoin (BTC), Ethereum (ETH) Pare Recent Heavy Gains, Solana (SOL) Keeps on Rallying

The cryptocurrency market is ending the week on a mildly cautious note but the outlook remains positive.

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Why COP26 Matters for Markets

Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.

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Australian Dollar Outlook: AU-US Yield Spreads the Driver, Will it Steer AUD/USD Up?

The Australian Dollar ran up on widening yield differentials and commodity tailwinds. If those conditions ease, where will that leave AUD/USD?

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British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data

November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.

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British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data

November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.

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Spot Gold (XAU/USD), ECB & S&P 500 INDEX (SPX) – FinTwit Trends to Watch

Key levels are being tested across financial markets as Fintwit focusses on spot gold, the upcoming ECB rate decision and record highs displaying on the S&P 500 index with earnings season in full s...

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USD/JPY Rate on Track for Three-Day Decline as RSI Sell Signal Emerges

USD/JPY may face a larger pullback over the remainder of the month as the Relative Strength Index (RSI) offers a textbook sell signal.

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US Dollar Correction Persists, US PMIs Mixed

US Dollar Hovers Over Weekly Lows as Selling Persists.

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South African Rand Dollar Update: Evergrande, Commodities & Key Levels for USD/ZAR

USD/ZAR falls to critical support after Evergrande payment and commodity prices boost demand for the South African Rand

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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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...