Oil is likely to remain supported in the short term amid expectations Europe will soon announce a plan to ban Russian oil imports and bets that the JCPOA nuclear deal will not be reinstated soon.
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Saturday, 30 April 2022
Euro Forecast: EUR/USD Selloff Stalls Ahead of Fed Rate Decision
The Federal Reserve interest rate decision is likely to sway EUR/USD as the central bank is widely expected to normalize monetary policy at a faster pace.
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US Dollar Fundamental Forecast: Rally May Fade on Fed Balance Sheet Announcement
The US Dollar's impressive run may be interrupted by the upcoming FOMC policy decision, but a pullback may be short lived as an expected balance sheet reduction plan could strain liquidity in markets.
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Friday, 29 April 2022
Australian Dollar Forecast: Will the RBA Hike? If So, AUD/USD Still Faces Roadblocks
The Australian Dollar underperformed against the US Dollar last week despite a hotter-than-expected local CPI report. Could an RBA rate hike revive AUD/USD bulls?
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Thursday, 28 April 2022
Rising Rates and Volatility are Features, Not Bugs: Top Trade Opportunities
The first few months of 2022 worked out as anticipated in the 1Q '22 Top Trading Opportunities. What comes next in 2Q'22?
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Robinhood Shares Drop on Earnings Report as Meme Traders Disappear
Robinhood posted poor results for the first quarter, prompting traders to hit the sell button in after-hours trading. The brokerage company missed on users and revenue per user amid broader economi...
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Apple Earnings Q2: AAPL Stock Price Rises on Buyback, Dividend Boost
Apple stock rose in after-hours trading following a rosy second-quarter earnings report despite logistical challenges. The iPhone maker boosted its dividend and share buyback program.
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Amazon Earnings: AMZN Sinks After the Bell as Inflation Eats at Outlook
Amazon stock dropped in after-hours trading after the e-commerce giant posted weak forward guidance amid soaring inflation and shipping costs.
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AUD/USD Outlook: RSI Flirts with Oversold Territory Ahead of RBA Meeting
Developments in the Relative Strength Index (RSI) warn of a further decline in AUD/USD as the indicator pushes into oversold territory for the first time in 2022.
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How to Read a Candlestick Chart
Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.
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Equities Forecast Q2 2022: Fed Policy Remains the Biggest Risk for Equity Markets
A volatile first quarter for US equities, which grappled with not only an inflation-fighting Federal Reserve but also increased geopolitical tensions.
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US Dollar (DXY) Probes a New 20-Year High, US Q1 GDP May Disappoint
The US dollar is nearing highs last seen in December 2002 ahead of the first look at Q1 GDP which may stall the recent greenback surge.
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Wednesday, 27 April 2022
Crude Oil Price Breakout Ahead? Iran Nuclear Deal in Focus
Brent crude oil prices may spike if the US and Iran cannot revive the 2015 nuclear deal, with the ensuing geopolitical fallout in the region increasing supply disruptions risks.
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AUD Forecast Q2 2022: Commodities and Central Banks in Focus
The Australian Dollar made an 18-month low in January, eclipsing the November 2020 nadir of 0.6991 by a small margin.
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Japanese Yen Falls, USD/JPY Soars as Bank of Japan Commits to Defending 10Y JGB Target
The Japanese Yen weakened as the Bank of Japan maintained benchmark lending rates and the 10-year bond yield target despite boosting inflation estimates. Where to for USD/JPY?
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Crude Oil Price Reversal Emerges Ahead of April Low
The price of crude oil appears to be reversing course ahead of the monthly low ($92.93) as it extends the series of higher highs and lows from earlier this week.
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Gold Price Outlook Mired by Failure to Defend March Low
Failure to defend the March low ($1890) raises the scope for a further decline in the price of gold as it trades below the 50-Day SMA ($1939) for the first time since February.
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NASDAQ's Slide: Find a Short Position | tastytrade clips
Chris and Victor talk about avoiding a "long-only" mentality, the likelihood of the Nasdaq continuing to move down and some of Chris' long and short positions through 2022.
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Tuesday, 26 April 2022
Australian Dollar Soars as CPI Shoots Past Expectations Ahead of RBA Next Week. Where to for AUD/USD?
The Australian Dollar firmed after the much-anticipated Q1 CPI came in way above expectations at 5.1%. Will the RBA be ready for action?
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Gold Price Forecast: XAU Rebound is Likely a Fake-out as US Dollar, Fed Pressures Mount
Gold prices are trading modestly higher in the APAC hours following a sharp drop earlier this week. However, the lackluster rebound isn't inspiring confidence as bullion headwinds strengthen.
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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...
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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...
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British Pound (GBP) Latest: GBP/USD Nudges Higher, FTSE 100 Picks-Up as President Trump Takes ActionThe British Pound is registering small opening gains and the FTSE 100 is nudging higher after US President Trump announced new COVID-19 aid ...