Monday, 6 December 2021

Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC

The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on ...

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Cryptocurrencies Hammered Over the Weekend, ETH/BTC Spread Continues to Rally

A sharp sell-off over the weekend has sent a range of cryptos to multi-week lows, but that hasn't stopped the ETH/BTC rallying moving ever higher.

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AUD/USD at the Extremes, Fading EUR/GBP Rallies Remains Appropriate

AUD/USD extremely oversold, stable equities should prompt rebound, EUR/GBP to stall at 200DMA

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Evergrande Shares Slump to a Multi-Year Low on Fresh Default Fears

Chinese property developer Evergrande Group is on the cusp of defaulting after warning Friday that it may not have the money to pay its obligations.

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Gold Prices May Backtrack as Markets Steady, Omicron a Wildcard

Gold prices may retrace some recent gains as sentiment stabilizes across major financial markets following last week’s blood-letting. The Omicron variant is a wildcard however.

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Sunday, 5 December 2021

Crude Oil Holds Gain on OPEC+ Fallout and US Dollar Softens. Where To From Here?

WTI nudged higher today as risk sentiment generally improved and the US Dollar lost ground to commodities. Have we seen the low in crude for now?

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How to Manage Fear and Greed in Trading

Fear and greed, two drivers that influence our lives, can carry over to trading and be detrimental.

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Australian Dollar Forecast: AUD/USD in Focus as Traders Await Omicron News, RBA

The risk-sensitive Australian Dollar is moving slightly higher as the APAC trading week kicks off. Traders await developments on the Omicron threat as the RBA's last meeting of the year approaches.

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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC

The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on ...

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S&P 500 Weekly Forecast: Omicron Fears May Weigh on US Stocks; Reopening Trade at Risk

U.S. stocks, particularly the reopening basket, may come under more pressure in the near term as traders trim positions in risk assets amid omicron variant uncertainty and fragile sentiment.

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USD/JPY on the Cusp of Reversal as All Yen Crosses Yield to Risk Trends

The volatility that has stirred in the broader financial markets doesn’t full encompass the retreat in a range of ‘risk’ assets that we have seen for some weeks. That erosion has hit many of the Ye...

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Saturday, 4 December 2021

Euro Week Ahead Forecast: EUR/USD Bounce May Be Over Already

EUR/USD was relatively stable last week but it is still hard to see a stronger recovery unless the European Central Bank reverses its position that a tightening of Eurozone monetary policy is not n...

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Gold Makes Third Successive Weekly Decline As General Market Sentiment Whipsaws

Gold, much like many other markets this week, witnessed a change in sentiment as Omicron fears and questions over aggressive tapering bets eased.

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US Dollar Fundamental Forecast: DXY Primed Ahead of CPI Data

The US Dollar index closed higher for the sixth consecutive week as fundamental tailwinds buoyed the Greenback. This week's CPI data may push the DXY index higher on hawkish Fed rate hike bets.

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USD/CAD Outlook Hinges on Bank of Canada (BoC) Rate Decision

The Bank of Canada’s (BoC) last interest rate decision for 2021 may keep USD/CAD afloat as the central bank is expected to retain the current policy.

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Friday, 3 December 2021

Australian Dollar May Wobble on RBA Rate Decision, Omicron Variant and US CPI

The Australian Dollar remains vulnerable ahead of the last RBA rate decision of 2022. The Omicron Covid-19 variant poses a risk if strict lockdowns ensue. Will AUD/USD’s decline extend?

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Metaverse Cryptocurrencies: What Exactly Are You Buying?

“The Metaverse” has gone from niche sci-fi novel concept to Facebook’s product strategy. We’ve seen Metaverse related crypto-games such as Decentral land (MANA), Sandbox (SAND) and Enjin Coin (ENJ)...

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GBP Forecast: Omicron Adds Uncertainty to BoE Rate Rise

GBP/USDFUNDAMENTAL HIGHLIGHTS:GBP SLIPS FOR SECOND CONSECUTIVE WEEKBOE RATE RISE IN DOUBTA second consecutive weekly drop for the Pound, in which Cable posted a fresh 2021 low following a brief bre...

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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...