Tuesday, 16 November 2021

Market Sentiment Strong, Stocks Higher, Yet USD Firmer Too | Webinar

Traders remain very confident about the outlook for markets, with many stock indexes at or near all-time highs, yet the USD is climbing too.

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US Dollar Upside Maintained Amid Retail Sales Beat

US Dollar upside persists following another round of firm retail sales.

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Japanese Yen Outlook: USD/JPY Breakout Potential, Inflation in Focus

The Japanese Yen looks primed to breakout out of the unfolding bull flag pattern while weak GDP and upcoming inflation could see further weakness. A hawkish Fed may also add further bullish impetus...

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Walmart and Home Depot Earnings Snapshot: Strong Figures Ahead of the Holiday Period

Walmart and Home Depot reported strong earnings despite supply chain disruptions, labor shortages and increasing prices.

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Australian Dollar Forecast: Wages Key to AUD/USD and RBA Outlook

Australian Dollar eyes key wage data. AUD/NZD elevated relative to bond spreads.

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Canadian Dollar (CAD) Strength Underpinned by Rate Hike Expectations

The Canadian dollar remains strong, with money markets pricing in a handful of interest rate hikes in 2022 supporting the move.

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British Pound (GBP) Price Outlook: GBP/USD Rallying After Strong UK Jobs Data

A strong UK employment report has effectively made an interest rate increase by the Bank of England next month a certainty, with the only question being how large it will be.

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Dow Jones Industrial Average Steadies on Biden–Xi Non-Event. Will US Stocks Make a New High?

The Dow Jones Industrial Average consolidated into the week as strong manufacturing data was unable to lift equities. Can US stocks look to challenge the peak?

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Monday, 15 November 2021

Gold Price Forecast: XAU/USD Eyes US Retail Sales for Direction

Gold moved higher last week despite rising yields and a stronger US Dollar. Bullion traders are watching an incoming US retail sales report, which may provide further direction for the yellow metal.

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Australian Dollar Forecast: AUD/USD Rises Ahead of RBA Minutes, Lowe Speech

AUD/USD moved higher overnight despite souring sentiment on Wall Street. The RBA’s latest meeting minutes and a speech from Governor Lowe may provide direction for the Aussie Dollar today.

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Swiss Franc Technical Analysis: CHF/JPY, EUR/CHF, GBP/CHF

Multiple Swiss Franc crosses are approaching key technical levels following reversals of recent trends. These are the levels that matter for CHF/JPY, EUR/CHF, GBP/CHF.

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British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates Outlook

Incoming UK economic data may help spark a turnaround by the British Pound versus the commodity currencies.

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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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USD/CAD Rate Susceptible to Larger Pullback on Strong Canada CPI

Fresh data prints coming out of Canada may keep USD/CAD under pressure as the Consumer Price Index (CPI) is expected to widen for the fourth consecutive month.

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The Superforecasters

How a college-based team of students, faculty and volunteers bested government intelligence community prognosticators and gave birth to Superforecasting.

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FX Week Ahead - Top 5 Events: UK Jobs Report; US Retail Sales; Inflation Data from Canada, the Eurozone, and the UK

Inflation pressures are no longer being dismissed as transitory by markets.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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Gold Price Stages Eight Day Rally as RSI Climbs Into Overbought Zone

Recent developments in the Relative Strength Index (RSI) raises the scope for higher gold prices as the indicator climbs above 70 to push into overbought territory.

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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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EUR/GBP Pressured by Rate Expectations and Covid Cases, UK Inflation Data Looms

Heightened expectations of a December Bank of England rate hike and a sharp increase of covid cases in Europe will weigh on EURGBP over the next weeks.

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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...