Friday, 7 January 2022

Bitcoin (BTC), Ethereum (ETH) – Collapsing Into Multi-Month Support as Sellers Triumph

A bad start to the year for Bitcoin and Ethereum holders with sellers taking control and driving the price ever lower. Important support nears.

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Australian Dollar Outlook: US Dollar, Fed, RBA, Commodities. Is AUD/USD Trapped?

The Australian Dollar depreciated last week after Fed hawkishness lifted US yields and the US Dollar. Will interest rates or commodities drive AUD/USD?

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The Psychology of Speculation in the Forex Market

Find out how to develop a positive trading mindset to speculate on forex like a professional.

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GBP Fundamental Forecast: Sterling May be due a Breather but Remains Bullish

The Pound Sterling continues its stellar performance and while it may be due a pullback, the outlook remains bullish

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Thursday, 6 January 2022

NZD/USD Falls on Stronger US Dollar as Fed Rate Hike Bets Accelerate

The New Zealand Dollar fell sharply overnight as traders priced in a more aggressive US rate hike outlook. Meanwhile, the Chinese Yuan fell to its weakest level since November versus the US Dollar.

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S&P 500 Subdued on Fast and Furious Fed Tightening Roadmap, NFP Eyed for Direction

U.S. stocks were mixed on Thursday, ending the day slightly lower on investor caution over expectations that the Federal Reserve will embark on an aggressive tightening cycle.

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USD/JPY Rate Pullback Generates RSI Sell Signal Ahead of NFP Report

USD/JPY may face a larger pullback ahead of the US Non-Farm Payrolls (NFP) report as the Relative Strength Index (RSI) slips below 70 to indicate a textbook sell signal.

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US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, AUD/USD

The US Dollar remains in range, as does EUR/USD. But, both GBP/USD and AUD/USD present trending potential ahead of tomorrow's NFP report.

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Stock Markets Maintain Losses as US ISM Misses Expectations

US ISM misses expectations, prices paid remains elevated

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Euro Forecast: Dollar Fundamentals in Focus, EUR/USD Hovers Near 1.13

Markets lie in wait as tomorrow’s NFP data could give EUR/USD traders insights into directional bias. The Euro remains flat today while ISM services data could move markets later today.

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Wednesday, 5 January 2022

What Is The Metaverse Anyway?

Facebook announced it's changing its name to "Meta", signaling that 3D virtual reality platforms are about to expand in a big way.

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Oil Price Forecast: Crude on Track to Fill November Price Gap

The price of oil appears to be on track to fill the price gap from November as it clears the December high ($77.44).

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

At the start of 2022, central banks appear ready to move aggressively on rate hikes.

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Australian Dollar Technical Analysis: AUD/USD, AUD/JPY

The Aussie continues to trend with a full head of steam: AUD/USD is approaching a big spot of resistance and bulls may see favor here, but AUD/JPY may be more attractive on the long side.

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Euro Technical Analysis: EUR/JPY Heads Towards Range Top; EUR/USD Consolidates; EUR/GBP Breaks Support

The three major EUR-crosses each have a unique story to tell.

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EUR/GBP Price Outlook: EURGBP Grinds Lower after EU PMI Disappoints

The Euro continues to underperform when compared to the more hawkish BoE-backed Sterling. Policy divergence continues into 2022

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Tuesday, 4 January 2022

AUD/USD Gains Beside Dow Jones Ahead of RBA Chart Pack

AUD/USD gained alongside the cyclically-sensitive Dow Jones overnight, but the currency pair faces technical obstacles if prices are to rise further. The RBA's latest chart pack is set to cross the...

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Q1 2022 Top Trade Opportunities

Analysts at DailyFX and tastytrade share their top trade opportunities across forex, commodities, and indices for Q1 2022.

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Dow Jones Shines but ARKK Flops as Divergence Between Value & Growth Widens

The transition to higher rates may hurt growth and tech plays in 2022, but the value segment can withstand this headwind, leaving the Dow Jones well-placed to outperform other equity indices.

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Currency Carry Trade: What is it and how does it work?

Learn how to calculate and implement currency carry trades in your forex trading strategy.

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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...