Category : Forex Trading News

Dow Jones, Nasdaq 100, S&P 500 Forecasts: Bullish Advertisement Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead US equities enjoyed a modest...

USD/MXN Forecast: Bearish Advertisement USD/MXN has seen its price decline for a third consecutive week and is now just shy from the 20 pesos mark...

Fundamental Euro Forecast: Bearish Renewed optimism about the EU economy and its Covid-19 vaccination program has lifted EUR/USD in recent days. However, the EU economy...

US DOLLAR WEEKLY FUNDAMENTAL FORECAST – NEUTRAL US Dollar bears have steered the Greenback notably lower since the start of 2Q-2021 EUR/USD price action is...

Gold Price Analysis and News Gold Awaits US CPI US Real Yields Are Still the Best Guide for Gold Direction Gold Levels to Watch Gold...

New Zealand Dollar Fundamental Forecast: Neutral New Zealand Dollar unable to keep up with more aggressive stock gains Fading hawkish RBNZ policy bets are key...

Australian Dollar Fundamental Forecast: Bearish The RBA’s semi-annual Financial Stability Review, and concerns surround AstraZeneca’s vaccine, may continue to drive the risk-sensitive AUD lower in...

British Pound (GBP) Price Outlook – Neutral/Positive Vaccination boost may have run its course. GBP/USD needs to respect support if it is to turn higher....

Crude Oil Technical Forecast Following Cyclical Pattern After an impressive start to 2021, the oil forecast for the second quarter of the year is lacking...

EM FX, USD/TRY, USD/ZAR, USD/MXN Price Analysis & News USD/TRY Eyes Turkish Central Bank Decision USD/ZAR Attempts Bounce From YTD Low USD/MXN Awaits US CPI...

New Zealand Dollar Talking Points NZD/USD retains the range-bound price action from earlier this week amid the limited reaction to the Federal Reserve Minutes, and...

CAD Price Analysis & News Canadian Employment Change 303.1k vs Exp. 100k Unemployment Rate Drops 0.7ppts to 7.5% USD/CAD BOTTOM LINE: Another strong employment report,...

British Pound (GBP) Price Outlook – GBP/USD Chart and Analysis GBP/USD has lost over 500 pips in the last six weeks Support levels remain under...

Gold Technical Outlook Remains Clouded Gold has been declining since August 2020, and has yet to show any real signs of life. That could change...

Key Talking Points: BTC/USD struggles to break above $60,000 Ascending triangle pattern suggests further upside Has the recent surge become over-exhausted? Advertisement Bitcoin hasn’t really...

Canadian Dollar Talking Points USD/CAD continues to trade within the March range as it struggles to push back above the 50-Day SMA (1.2622), and the...

Advertisement US Dollar Outlook: April is the worst month of the year for the US Dollar (via the DXY Index) from a seasonal perspective, leaving...

FTSE 100 Price Analysis & News FTSE 100 a Key Beneficiary from GBP Selling Key Resistance Ahead at Psychological 7000 Level FTSE 100 Stocks Above...

Key Talking Points: USD/MXN consolidates descending channel Mexican CPI shoots up above 3% target Advertisement Mexico’s inflation data for March has shot up as expected,...

Gold (XAU/USD) Analysis, Price and Chart Gold sticking to Fibonacci and moving average guidelines. US Treasury yields may have dipped but they look set to...

Crude Oil Price Analysis & News Crude Oil Choppy Conditions Persist API Inventories Show Larger Than Expected Drawdown Geopolitical Risks on the Rise Since the...

Euro and British Pound Price, News, and Analysis: EUR/GBP longer-term downtrend remains in place. Vaccine announcement later today may provide fresh fuel for EUR/GBP Discover...

Key Talking Points: XAU/USD bullish bounce finds increased resistance Bond yields threaten further upside correction in gold prices Recommended by Daniela Sabin Hathorn How to...

GBP price, news and analysis: GBP/USD has been gaining ground for the past fortnight so a short spell of profit-taking is to be expected. It...

Dow Jones, Nasdaq 100, Long-Term Treasuries, TLT, Fiscal Stimulus – Talking Points: Equity markets traded mixed during the APAC session as investors mulled the progress...

EUR/USD PRICE OUTLOOK: US ECONOMY TO OUTPERFORM AND DRIVE DOLLAR STRENGTH EUR/USD price action might continue facing headwinds due to diverging economic growth Global GDP...

Gold Price Analysis and News Gold Forming a Double Bottom? US Real Yields Are Still the Best Guide for Gold Direction Key Resistance Break Needed...

US Dollar, EUR/USD, GBP/USD, COT Report –Analysis USD Net Shorts at a 1 Year Low Euro Sentiment Soft, GBP Vulnerable to Pullbacks AUD Longs Looking...

USD/ZAR ANALYSIS Subdued U.S. Treasury yields reflect in weaker dollar U.S. stimulus adding to dollar woes South African PMI figures on the rise Key technical...

Key Talking Points: DAX 30 consolidates strong bullish momentum Concerns over blood clots after AZ vaccine is turning sentiment Recommended by Daniela Sabin Hathorn Get...

Central Bank Divergence, Resilient Oil Prices Spell Trouble for EUR/CAD, EUR/NOK Advertisement The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian...

Stocks Juggle Strong Economic Recovery and Policy Uncertainty The Dow Jones, S&P 500 and Nasdaq 100 enjoyed an encouraging start to the year before stumbling...

Short EUR/JPY – Euro Suffering From Slow Vaccine Rollout, Yen a Safe Haven Again Advertisement Quite how the European Union made such a mess of...

GOLD, CRUDE OIL PRICE OUTLOOK: Gold prices retreated 0.5% as an upbeat nonfarm payrolls report sent 10-year yield higher Crude oil prices slid marginally after...

NASDAQ, DOW, FED, STIMULUS, INFLATION – Talking Points: Markets fret that US stimulus may stoke runaway inflation Fed may be forced to play catch-up on...

Short EUR/MXN – Bringing Back the Carry Trade Advertisement The first quarter of 2021 has proven stale compared to the end of 2020 for risk-on...

Technical Analysis: Aussie Risks Deeper Correction into Q2 Heading into 2021, our ‘bottom line’ on the Aussie technicals noted, “the Australian Dollar price rally has...

Short USD/JPY on Range Hold, Long USD/CNH as Trade Wars Return Advertisement Through the opening quarter of the year, I was expecting a near certainty...

Relative Underperformance Likely to Continue Our 1Q’21 forecast for gold prices was both incorrect, insofar as gains were expected, and correct, with other metals, precious...

Bullish USD/ZAR, EUR/ZAR– Rand Strength May Soon Dissipate Advertisement Since mid-2020 the South African Rand has ridden the wave of “risk-on” sentiment similar to many...

S&P 500 Index May Extend Higher as Nikkei 225, Hang Seng Index Consolidate S&P 500 Index The S&P 500 index is riding an ascending trend...

Will USD/JPY Finally Break Free? Advertisement Coming into the year, USD/JPY was on my radar as a breakout candidate after several years of narrowing price...

Crude Oil Fundamental Forecast: Supply & Demand Dynamics to Bolster WTI Prices Crude oil price action staged a remarkable rally during 1Q-2021. In fact, the...

Short EUR/NOK: Norway – Raising Interest Rates in the Latter Half of the Year Advertisement Raising rates, two words that haven’t been heard in developed...

AUD/CAD Q2 Forecast: Short AUD/CAD – A Return of US Exceptionalism Advertisement Much like my top trade for Q1 (CAD/CHF), which has generated a 7%...

Small Caps, Copper, EM FX Poised to Outpace Advertisement Coming into 1Q’21, my expectation was that “in this low interest rate world with pent up...

EUR/USD Oversold, Time For a Rally The key question for EUR/USD traders looking at the second quarter of 2021 is whether the steep decline in...

GOLD TALKING POINTS: Gold prices poke past 2021 downtrend resistance, hit range top Smaller-than-expected Biden infrastructure plan likely at play Upbeat US jobs data may...

[embedded content] Sentiment Indicators: Using IG Client Sentiment The IG Client Sentiment (IGCS) is unique, proprietary and potentially helpful to traders. The article will outline...

S&P 500 – Talking Points S&P 500 breaks above 4,000 mark to start Q2 after ISM print impresses investors President Joe Biden’s Thursday infrastructure announcement...

CRUDE OIL (CLc1) ANALYSIS OPEC+ meeting Chinese PMI (MAR) Economic data announcements Advertisement CRUDE OIL FUNDAMENTAL BACKDROP The Organization of the Petroleum Exporting Countries (OPEC)...

Canadian Dollar Price, News, and Analysis: Discover what kind of forex trader you are Start Quiz For all market-moving economic data and events, see the...

Australian Dollar Analysis and Talking Points AUD/USD | Further Downside Opens Up As YTD Low Gives Way AUD/NZD | Pulling Back as Kiwi Regains its...

Key Talking Points: US stimulus and improving economic data support further bullish momentum Rising bond yields and Covid-19 third-wave fears cause investors to be cautious...

GBP price, news and analysis: With little UK news to trade on, GBP/USD remains at the mercy of moves in the US Dollar. That’s stable...

Euro Analysis: EUR/GBP: Selling has continued as crucial support level nears EUR/JPY: Can bullish momentum break above LT resistance? EUR/CHF: Weekly pennant-like formation suggests bullish...

Gold. Silver Price Analysis and News Gold Hits Monthly Lows as Treasuries Drive Price Action Gold Posts Worst Quarterly Performance Since 2016 Silver Makes Technical...

USD/ZAR ANALYSIS March 2021 Quarterly Bulletin Easter weekend restrictions President Biden Speech Economic data announcements Advertisement RAND FUNDAMENTAL BACKDROP Yesterdays Quarterly Bulletin exposed many underlying...

Key Talking Points: Improving economic data is seeing bond yields rise and putting pressure on equities The FTSE 100 is stuck below key resistance as...

Bitcoin (BTC/USD) & Ethereum (ETH/USD) Price, Analysis and Chart: Bitcoin nears $60k and old trend support. Ethereum capped by mid-March highs. Recommended by Nick Cawley...

USD/JPY ANALYSIS Advertisement JAPANESE YEN FUNDAMENTAL BACKDROP The U.S. Dollar rose yesterday across majors driven by higher U.S. Treasury yields as well as the flight...

[embedded content] Market sentiment analysis: Trader confidence is holding up well, with stock indexes still advancing, but US Treasury yields are rising too, and so...

CAD, USD/CAD Analysis and Talking Points USD/CAD | OPEC to Lend Support to CAD on Production Rollover IG Sentiment Signals Bearish USD/CAD For Now USD/CAD...

Advertisement Euro Outlook: While the major EUR/USD has been steadily declining, it’s been a mixed bag for EUR/CHF and other non-major EUR-crosses. EUR/SEK rates may...

Key Talking Points: Equity markets remain supported by economic stimulus in the US and improving vaccination rates DAX 30 aiming at 15,000 despite overbought conditions...

USD/ZAR Price Forecast: USD/ZAR tests psychological resistance Risk-sentiment remains a primary driver of price action Prices Action temporarily stalls, with Fibonacci Retracement levels holding both...

Discover what kind of forex trader you are Start Quiz Market sentiment was mostly upbeat this past week with some exceptions. On Wall Street, the...

Archegos Capital Management Latest Archegos behind $20 billion of forced equity sales on Friday. Credit Suisse and Nomura warn of ‘significant’ losses. Recommended by Nick...

US Dollar, NZD/USD, USD/JPY, COT Report –Analysis USD Shorts Squeezed Further Japanese Yen Net Shorts at Pre-Pandemic Levels Heavy Selling in NZD USD Shorts Squeezed,...

British Pound (GBP) Price Outlook – GBP/USD and EUR/GBP Chart and Analysis Vaccination program continues at speed. UK GDP data the only economic release of...

DOW JONES FUNDAMENTALFORECAST: BULLISH Dow Jones gained 7.8% while the Nasdaq 100 fell 3.6% since February Fiscal stimulus, vaccine rollouts and strong economic data may...

USD/MXN Forecast: Neutral Advertisement We saw the Bank of Mexico (Banxico) hold interest rates steady at 4% on Thursday which was in line with expectations....

Fundamental Euro Forecast: Bearish EUR/USD has already dropped to its lowest levels since November last year and is sure to rally at some point but...

Gold Price Forecast: Neutral Gold Weekly Price Forecast: XAU Caught Between Treasury Yields and USD Gold has suffered from directionless price action in the last...

US Dollar Talking Points The recent rally in the US Dollar appears to be undeterred by the Federal Reserve interest rate decision as the DXY...

Australian Dollar Fundamental Forecast: Neutral Australian Dollar wobbled amid risk aversion, particularly in China Monetary tightening in world’s second-largest economy may domino Treasury yields stabilizing?...

GBP/USD FUNDAMENTAL HIGHLIGHTS: EUR/GBP Range Break Nearing GBP/USD Seasonality Signals Strong April Ahead GBP/JPY Upside Risks Amid Month/Quarter-End Flows A relatively constructive close to the...

Oil Price Talking Points The price of oil struggles to retain the rebound from the monthly low ($57.25) amid the blockade in the Suez Canal,...

USD, PCE Price Analysis & News Roughly In-Line PCE Sees Muted Action Has King USD Returned? PCE RECAP: With economic data currently playing second-fiddle to...

Key Talking Points: Equities push higher despite third-wave concerns FTSE 100 sticks to its range but drifts higher Recommended by Daniela Sabin Hathorn Get Your...

Australian Dollar Analysis and Talking Points AUD/USD | Month/Quarter End Flows to Drive Short Term Direction IG Client Sentiment Suggests Mixed AUD/USD Outlook AUD/USD |...

British Pound (GBP) Price Outlook – GBP/USD and EUR/GBP Chart and Analysis Recommended by Nick Cawley How to Trade GBP/USD Get My Guide For all...

FIBONACCI TALKING POINTS: – Fibonacci retracements can be applied to a variety of markets in the effort of identifying possible support or resistance levels. –...

Canadian Dollar, USD/CAD, Bank of Canada, Crude Oil, Core PCE Index – Talking Points: Equity markets followed Wall Street’s lead overnight, broadly gaining during the...

Crude Oil, Gold, XAU/USD, Suez Canal Blockage, US PCE Data, Commodities Briefing – Talking Points: Crude oil prices weakened despite blockage at Suez Canal Gold...

The Suez Canal and Oil Analysis – Talking Points: What is the Suez Canal? Why is the Suez Canal Important? Impact of Current Blockade WHAT...

Key Talking Points: XAU/USD sideways consolidation building momentum Optimistic Us economic outlook underpinning USD performance Third-wave concerns appealing to gold’s safe-haven features Recommended by Daniela...

Euro Price, News, and Analysis: Multi-week support breaks, opening the way for lower prices. Retail trader data shows customers buying EUR/USD Discover what kind of...

EUR/GBP price, news and analysis: EUR/GBP has been edging higher over the past week and could continue to strengthen on signs that a damaging vaccine...

Dow Jones, Russell 2000, Federal Reserve, Coronavirus Vaccinations, Covid-19 Hospitalizations – Talking Points: Equity markets nudged marginally higher during APAC trade as investors continue to...

Key Talking Points: Safe havens like the US Dollar and Treasuries pick up momentum AUD/USD weighed down by falling commodity prices NZD/USD falls to a...

GBP price, UK inflation, UK PMIs, news and analysis: UK inflation was lower than forecast last month, weakening GBP/USD. By contrast, the flash estimates of...

Bitcoin (BTC/USD) Price, Analysis and Chart: ‘You can now buy a Tesla with Bitcoin’ tweets Elon Musk Bitcoin better bid (BTC/USD) and looking to push...

EUR/USD Analysis and Talking Points Eurozone PMI Surprises to the Upside However, Most Responses Are Prior to Lockdown Extension Marginal Reprieve for the Euro Unlikely...

US Dollar, DXY, Haven Demand, Covid-19 Vaccine Delay, European Lockdowns – Talking Points: Risk assets continued to underperform during APAC trade as renewed lockdowns weighed...

[embedded content] Market sentiment analysis: Trader confidence has been hit by the slow rollout of coronavirus vaccines in the EU, by Germany’s extension of lockdown...

CAD, AUD/CAD Analysis and Talking Points USD/CAD | Bullish Breakout on the Horizon? AUD/CAD | Downside Risks Remain on Stronger US Outlook USD/CAD | Bullish...

Key Talking Points: Germany imposes strict lockdown measures for the Easter weekend as the country has seen an increase of Covid-19 cases Volkswagen AG leads...

Mexican Peso and USD/MXN Price, News and Analysis: USD/MXN pulling back Monday’s weakness. Mexican central bank is likely to leave policy measures unchanged. Recommended by...

GBP price, news and analysis: The UK unemployment rate dipped to 5% in January from 5.1% the month before rather than rising to 5.2% as...