Friday, 12 November 2021

Bitcoin (BTC), Ethereum (ETH) Drift off All-Time Highs, Outlook is Still Bright

After printing all-time highs at the start of the week, BTC and ETH have given back most of this week's gains but the longer-term technical outlook remains positive.

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Australian Dollar Outlook: US Dollar, Treasuries, Commodities. Where to for AUD/USD?

The Australian Dollar weakened during the week as the fall-out from US CPI sent US yields higher, bidding up the US Dollar. Will AUD/USD find a base?

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GBP Forecast: GBP/USD Plummets to Fresh 2021 Lows, Consolidation Ahead

FX markets pay attention to blowout US CPI, causing USD to rip higher. However, major USD pairs appear overextended at current levels.

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US Consumer Confidence Drops to Lowest Level in a Decade, Pulling Dollar From Highs

The headline print is the lowest level in a decade with the UofM reporting that higher inflation was weighing on Americans.

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Brent Crude (LCOc1), S&P 500 INDEX (SPX) & GBP/USD – FinTwit Trends to Watch

Fintwit has been relatively quite this week but key themes still hold sway within financial markets. Brent crude, SPX and GBP/USD all turned lower this week but is this just temporary respite?

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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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Bitcoin (BTC/USD) Correction or Reversal as Prices Fall From ATH?

Bitcoin prices retreat from the recent high as a stronger Dollar, rising yields and COP26 drives sentiment.

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Article 16: Why Triggering it Risks an All Out UK-EU Trade War

Tensions rise between the UK and EU over the Northern Ireland protocol. Failure in talks raises risk of the UK triggering Article 16

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Canadian Dollar Forecast: USD/CAD Upside Stretched in Short-Term

USD soars across the board, however, momentum beginning to look stretched particularly against the Canadian Dollar

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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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GBP/USD Remains Under Pressure From the US Dollar and Article 16 Fears

Cable is trying to make a short-term recovery after losing over two big figures this week but the likelihood is for further weakness in the weeks ahead.

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Australian Dollar Sinks on US Dollar Gains as CPI Fall Oout Continues. Where To From Here?

The Australian Dollar remains under pressure as USD gains ground on higher yields and weak domestic data is digested. Will AUD/USD push lower?

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Gold Price Surge Signals Markets Fear Fed Lagging on Inflation

Gold prices have jumped to a five-month high, warning that markets still fear runaway inflation despite a hawkish shift in Fed policy bets and a stronger US Dollar.

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Thursday, 11 November 2021

Crude Oil Price Volatility Ahead of US-Iran Nuclear Deal Talks

Crude oil prices are at risk of elevated volatility ahead of US-Iran talks. Reconciliation may be a political relief, but a downside risk for petroleum markets.

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Will US-China Tensions Spur a Hong Kong IPO Wave? Introducing the Hang Seng Tech Index

The Hang Seng Tech Index (HSTECH) – dubbed“ Hong Kong’s Nasdaq” by market-watchers – represents China’s fast growing ‘new economy’.

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NZD/USD Gyrates at Support as Economic Strength Bolsters RBNZ Rate Hike Bets

NZD/USD clings to support after Greenback strength pushed the pair lower. However, the Kiwi economy continues to recover, evidenced by today's business PMI print. That is bolstering RBNZ rate hike ...

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S&P 500 Ekes Out Small Gain to Rebound from Wednesday’s Decline, Consumer Sentiment Data Eyed

The S&P 500 gained just 0.06% on Thursday as markets sought to rebound from Wednesday's abrupt decline.

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

Market pricing for the BOC and RBA has been dragged forward in recent weeks, while the outlook for the RBNZ is extremely aggressive.

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NZD/USD Remains Vulnerable Amid Failure to Defend November Opening Range

NZD/USD may continue to depreciation over the coming days as the exchange rate fails to defend the opening range for November.

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USD/MXN Jumps as Bank of Mexico Hikes Rates by 25 Basis Points

USD/MXN jumped higher in immediate trade following the Bank of Mexico's decision to raise rates by 0.25%.

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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...