Tuesday, 7 December 2021

Apple, Nasdaq, ARKK Jump as China Sounds Support: Is the Santa Rally Here?

Stocks are in the midst of a massive rally right now, coming in stark contrast to the fear coursing through equities last week.

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Markets Rallying as Omicron Fears Recede | Sentiment Webinar

Trader confidence is picking up as hopes rise that the Omicron coronavirus variant will be less damaging to the global economic recovery from the pandemic than once seemed likely.

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Gold Price Currently Lacks Any Meaningful Conviction, Volatility Lies Elsewhere

Gold is stuck in a short-term rut with little price action of note, especially when compared to a range of other risk-related assets.

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South African GDP Contracts in Q3 After Four Successive Quarters of Growth

South African GDP contracted by 1.5% for Q3 as manufacturing, trade and accommodation industries led the decline

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EUR/USD Muted Following Mixed ZEW Survey, Euro Risks Remains Lower

ZEW Survey highlights reduced investor confidence, bias remains to fade Euro rallies

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British Pound (GBP) Price Outlook: GBP/USD Stable But Still Testing Support

Sterling is modestly higher against both the US Dollar and the Euro but GBP/USD remains close to trendline support and if that breaks then further losses are likely.

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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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Crude Oil Price Rise May Struggle on Incoming Supply, Demand Data

Crude oil prices are rebounding to test back above the key $70/barrel figure but gains may be capped by incoming trade, inventories and output forecast data.

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Monday, 6 December 2021

Gold Price Outlook: XAU Prices Coiling for Potential Move on US Inflation Data?

Gold prices are rather calm as bullion traders await US inflation data. That may shift inflation expectations and gold-sensitive breakeven rates.

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Australian Dollar Skittish After the RBA Left Policy Unchanged. Where to for AUD/USD?

The Australian Dollar edged up slightly after the RBA left the cash rate target at 0.10% and weekly asset purchases at AUD 4 billion. Will AUD/USD go higher?

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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S&P 500 and Dow Jones Gain. Will ASX 200 Rise on RBA after PBOC RRR Cut?

The S&P 500 and Dow Jones rose as cyclical stocks boosted Wall Street after Omicron variant woes faded and the PBOC cut the RRR rate. Will the ASX 200 rise on the RBA rate decision?

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AUD/USD Rises With Down Jones as Traders Await China Trade Data, RBA

The Australian Dollar may continue its overnight rise versus the US Dollar if Chinese trade data impresses. The RBA decision is also in focus for today's APAC session.

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Natural Gas Plunges Over 10% on Warmer Winter Forecasts

Natural gas prices came under severe pressure on Monday as warm weather continues to sweep across the United States.

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Dow Jones Leaps as Omicron Fears Ease; Airline Stocks Take Off as Bargain Hunters Swoop In

The Dow Jones surges 1.87% on Monday amid easing pandemic fears on news that the COVID-19 omicron variant may cause only mild disease and be less severe than other strains of the virus.

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EUR/USD Rebound From November Low Unravels amid Hawkish Fed Rhetoric

EUR/USD may continue to give back the rebound from the November low (1.1186) as a growing number of Fed officials show a greater willingness to normalize monetary policy.

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FX Week Ahead - Top 5 Events: BOC & RBA Rate Decisions; UK GDP; German & US Inflation Rates

The first full week of December brings about a slew of important economic data releases and events from around the globe.

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Gold Price Forecast: Gold After the Bear Flag Breach, CPI on Deck

Gold prices broke through the bear flag but didn't get much run thereafter. Is a bullish engulf from Friday pointing to a greater pullback in the bearish theme?

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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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AUD/USD Forecast: Australian Dollar Susceptible to Wait-and-See RBA

The Reserve Bank of Australia (RBA) interest rate decision may produce headwinds for AUD/USD as the central bank is widely expected to retain the current policy.

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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...