Tag : forex trading

EUR/USD Analysis: Dollar recovery looks to end EUR/USD upside; key technical levels assessed EU inflation data, ECB speeches, ZEW sentiment and PMI data ahead IG...

The admonition that traders ought to let profitable bets run while cutting losing one’s quickly has long since entered the realm of the cliché. It...

CAD, USD/CAD, Analysis and Talking Points Canadian Data In Focus for Near Term BoC Outlook Canadian Dollar Underpinned by Oil Canadian Data In Focus for...

USD/JPY ANALYSIS Advertisement JAPANESE YEN FUNDAMENTAL BACKDROP 2022 has been relatively strong for the Japanese Yen against an overextended U.S. dollar. The Yen’s safe-haven appeal...

GBP/USD Price, Chart, and Analysis UK data will steer Sterling in the short term. ‘Operation Save Big Dog’ plans revealed. Keep up to date with...

There continued to be hesitancy in global market sentiment. Wall Street started off 2022 on a sour note, though the second week was less painful....

S&P 500 FORECAST: BULLISH The S&P 500 index is hovering near all-time highs as earnings season arrives Analysts are anticipating a 22% YoY earnings growth...

Japanese Yen Fundamental Forecast: Bearish Japanese Yen outperformed versus G10 peers last week, reversing recent trend Bank of Japan rate decision expected to bring about...

AUD/USD Technical Outlook: Neutral AUD/USD remains bounded by trendline resistance US Dollar strength holds the Australian Dollar at bay Can bulls trading AUD/USD reclaim possession...

Euro Fundamental Forecast: Neutral Euro gained last week, but this seemed as a result of US Dollar losses Traders may have overcooked hawkish Fed hawkish...

U.S. DOLLAR FUNDMANTAL FORECAST: BULLISH Flattening yield curve impedes dollar prospects. Economic breather next week. Advertisement DXY FUNDAMENTAL BACKDROP The U.S. economy is displaying solid...

Bitcoin (BTC) and Ethereum (ETH) Charts and Analysis The first test of important support holds. A handful of altcoins including Dogecoin, Near Protocol, and Harmony,...

AUSTRALIAN DOLLAR FORECAST: BULLISH The Australian Dollar strength is by default of US Dollar fragility The Fed’s monetary policy tightening appears fully priced for now...

Advertisement Euro Outlook: Technical evidence is accumulating that the Euro’s resiliency is in the rearview mirror. A false bullish breakout may have transpired in EUR/USD...

GBP/USDFUNDAMENTAL HIGHLIGHTS: Boris Johnson Looks to be on Borrowed Time GBP/USD Rise Capped at 200DMA The robust performance in GBP/USD has largely been a by-product...

Consumer Sentiment Reaches Second Lowest Level in 10 Years University of Michigan Consumer Sentiment (JAN) = 68.8 Forecast = 70 Customize and filter live economic...

Retail Sales -1.9 versus 0% Forecasted US retail sales released for the month of December Retail Sales actuals revised for prior months US Retail sales...

S&P 500 Analysis and News S&P 500 | Hawkish Fed Trade Exhausted Heading Into Most Exciting Bank of Japan Meeting in Years Russian Roulette: Geopolitical...

Trades that offer the potential for a high return almost always come with a high amount of risk. A smart trade comes with an understanding...

US Dollar Price, Chart, and Analysis US Treasury two-year yields touch a fresh 23-month high. US dollar sell-off begins to stall. The interest rate-sensitive UST...

EUR/USD Analysis Look out for the dip! ECB’s Lagarde Speech could support Euro gains. Technical pattern could lead to further EUR/USD downside. Advertisement EURO FUNDAMENTAL...

2021 was a good year if you were long risk across a number of asset classes. But not everyone found the environment successful, subsumed by...

USD/ZAR Talking Points and Analysis: ZAR appreciates after post CPI dollar sell-off SA data remains light but USD economic data heats up with retail sales...

The Federal Reserve made one thing abundantly clear at the end of its December meeting: the U.S. economy is moving toward tighter monetary policy amid...

Gold Price (XAU/USD), Chart, and Analysis Gold eyes overhead resistance. US dollar weakens despite supportive US Treasury yields. How to Manage the Emotions of Trading...

U.S. Inflation Talking Points: This morning brought the release of CPI for the month of December. While starting last year in a rather tame manner,...

EUR/USD Talking Points and Analysis: Top ECB figures provide their take on the current Eurozone inflation situation Relatively low EUR/USD implied volatility via options market...

I am by no means anti-crypto or of the belief that the rise of assets built on the blockchain are fads that will eventually collapse...

AUSTRALIAN DOLLAR ANALYSIS Risk on triggered after Fed Chair Powell hearing. Major Australian linked commodities push higher. Bear flag pattern still holds. IG Client Sentiment...

US CPI, US Dollar Analysis and News Increasingly Hawkish Fed Doing Little to Support the USD US CPI Projected to Hit 7% for the First...

US Rates, S&P 500, Nasdaq 100 Talking Points: Yesterday saw both the S&P 500 and Nasdaq 100 put in strong bounces from support following early-session...

GBP/USD Talking Points and Analysis: UK PM Boris Johnson under pressure amid reports of more lockdown parties US CPI, Fed speeches and UK GDP form...

Confirmation Bias – The tendency to look for and favor information that confirms your prior belief. At the start of this year, I was convinced...

EUR/USD Price, Chart, and Analysis US event and data risk will drive the move in EUR/USD. Bearish flag formation remains in play. Keep up to...

GOLD ANALYSIS Fed Chair Powell speech later today. Inflation data could be the catalyst markets have been waiting for. Safe-haven stimulus may be growing. IG...

Gold, XAU Talking Points: After a quick sell-off to start last week, Gold prices found support around the three-week-low and has since held the line....

Even though market sentiment started off 2022 on a sour note, there were clear winners and losers on Wall Street. Dow Jones futures declined about...

My top mistake of 2021 could be labelled as more of an oversight, and one that is perhaps grounded in an irrational bias. While I’ve...

IG Client Sentiment Analysis: USD/CAD: Sideways dollar and elevated oil prices support current bearish trend USD/JPY: Recent pullback and changes in ST positioning suggest a...

GBP/USD Price, Chart, and Analysis UK preparing to ‘live with covid’ according to one UK minister. Cable is finding 1.3600 tough to breakthrough. According to...

S&P 500 | Weak Start as Fed Hawks Return US equities are off to a soft start to the year, with the benchmark S&P 500...

Euro Talking Points EUR/USD attempts to retrace the decline from the start of the year following the weaker-than-expected US Non-Farm Payrolls (NFP) report, and data...

UK British Pound Technical Outlook: Bullish GBP/USD bulls aim to break above the key psychological level of 1.36 despite a hawkish Fed EUR/GBP falls to...

Gold Fundamental Forecast: Bearish Gold ends week lower as rate hike bets signal quicker hikes A weak NFP jobs report failed to bolster bullion prices...

Bitcoin (BTC) and Ethereum (ETH) Charts and Analysis Bitcoin is down over 15% since the start of the year. Multi-month support is now being tested....

AUSTRALIAN DOLLAR FORECAST: NEUTRAL The Australian Dollar is under pressure from US Dollar strength The Fed’s monetary policy tightening is outrunning the RBA for now...

Pound Sterling Fundamental Forecast: Bullish The Pound Sterling has had a fantastic end to 2021 and has started 2022 in much the same way. Many...

NFP Talking Points: This morning brought the release of Non-Farm Payrolls data for the month of December, and this release perhaps carried a bit of...

EUR/USD Analysis: Eurozone inflation beats estimate and prior reading to reach 5% Germany’s hot inflation data yesterday prompted a rise in Bund yields. The broader...

RAND ANALYSIS Advertisement ZAR FUNDAMENTAL BACKDROP Yesterday’s U.S. ISM Non-Manufacturing PMI miss for the December period pushed the South African rand higher against the U.S....

CAD, USD/CAD, Analysis and Talking Points CAD Risks Are Lower BoC’s Hawkish Outlook is Far Too Aggressive CAD Risks Are Lower Unlike its high beta...

GameStop (GME) Price, Chart, and Analysis GME is launching a nonfungible token (NFT) trading platform. The company is said to be investing 10s of millions...

Euro, EUR/USD, US Dollar, Crude Oil, Fed, NFP, Bullard – Talking Points Euro is sidelined for now as US Dollar strength dominates markets APAC equities...

Canadian Dollar, USD/CAD, Crude Oil, WTI, Non-Farm Payrolls, Technical Analysis – Talking Points: The Canadian Dollar was one of the best-performing G10 currencies against the...

New Zealand Dollar, NZD/USD, Market Sentiment, China, Yuan – Talking Points New Zealand Dollar falls versus US Dollar as Fed rate hike bets accelerate Chinese...

EUR/USD Analysis FOMC minutes boost USD. German CPI beats estimates. Central bank divergence remains. Technical pattern could lead to further EUR/USD downside. Advertisement EURO FUNDAMENTAL...

Gold Price (XAU/USD), Chart, and Analysis Gold is back in a familiar range. Trader net-shorts jump over the week. How to Manage the Emotions of...

Analysis: Fed minutes signals greater urgency to reign in stimulus and hike rates Non-interest bearing, risky BTC and ETH take a hit on hawkish Fed...

S&P 500, Fed, NFP Analysis and News QT Talk Weighs on Risk Appetite Equities, Cryptos and Cross-JPY Dumped Market Sensitivity to Upcoming US Data Heightened...

EUR/USD Price, Chart, and Analysis FOMC minutes send US Treasury yields higher. EUR/USD technical set-up looks bearish. Keep up to date with all market-moving data...

EUR/GBP Analysis: Expansionary conditions remain despite drop in EU PMI data The seemingly ever-bearish ECB ready to support the economic zone despite winding down one...

GOLD ANALYSIS Dollar upside may be limited. Gold’s safe-haven appeal indifferent. XAU/USD holds its head above $1800. IG client sentiment points to short-term upside. Advertisement...

GBP/USD Price, Chart, and Analysis Cable nears a fresh two-month high. US Jobs Report the standout dollar risk. Cable’s recovery from its multi-month lows printed...

Fed, BoC, CAD Analysis and News US 10YR Psychological Level Continues to Cap FOMC Minutes Unlikely to Stoke Notable Market Reaction, QT Chatter Increasing Fed...

US Dollar, US-China Trade War, Taiwan, Iran Nuclear Deal, – TALKING POINTS COVID-19, rising interest rates likely to magnify shocks of geopolitical risks US-China tension...

Crude Oil Price, Chart, and Analysis OPEC+ meeting to confirm oil production levels. US crude oil looking through the omicron infection numbers. Keep up to...

Analysis: GBP/JPY continues bullish run from Q4 2021 Delving into the currency carry trade, highlighting key technical levels The analysis contained in article relies on...

Gold, US Dollar (USD) Talking Points: Omicron Variant Pushes US Cases to a Record High, Risk Sentiment Weighs on Gold Prices Gold prices have recovered...

Japanese Yen Price Analysis and News A New Year But Same Trends USDJPY Breaches 2021 Peak as Bonds Sell-Off A new year, however, some trends...

Bitcoin (BTC) Chart and Analysis Bitcoin (BTC) sitting on support. Fantom (FTM) and Near Protocol (NEAR) record double-digit gains A fairly lackluster Christmas and New...

RAND ANALYSIS EM’s start the year off with a bang. Commodities forecast a positive for the ZAR. Bullish flag pattern remains intact. Advertisement ZAR FUNDAMENTAL...

John Kicklighter Short USDJPY and Nasdaq 100–Dow Ratio on the Same Risk Reprieve: Top Trade Q1 2022 Looking into the opening quarter of 2022, there...

We are in the midst of another COVID-19 variant, and the expected winter wave. This has resulted in a selloff in sectors that thrive on...

The woes for Boeing stock started about a year before the pandemic as the second 737 Max tragedy pulled the stock from all-time highs, above...

If you are pessimistic about the impact on the global economy of Covid-19 in general, and the possibility of new variants in particular, then going...

The S&P 500 has been trending strongly higher since the pandemic low, and on that it is difficult to bet against it even if at...

For much of this year, rising inflation has supported Bitcoin prices allowing the cryptocurrency to climb to yet another all-time high in November. However, with...

AUD/JPY has spent 2021 in a wide trading range of 77.90 and 86.26. While other central banks around the world have been withdrawing pandemic stimulus...

In the face of the US Dollar’s rise in 2021, the Chinese Yuan was a notable standout. The DXY Dollar Currency Index appreciated almost 7...

Looking into the opening quarter of 2022, there seems a high threshold for exuberance. That descriptor of sentiment (‘exuberance’) should relay the difficulty of sustaining...

The coming year will see a raft of global central banks reversing their loose, pandemic monetary settings of the last two-years decisions and begin to...

Central Bank Tapering Gains Momentum Global central banks are no longer just talking about reducing stimulatory purchases and raising interest rates – some have already...

Carry trades haven’t exactly been at the forefront of investors minds across the FX space in Q4 amid a sizeable unwind in reflation trades. However,...

Short: AUD/USD Range Trade: AUD/JPY AUD/USD Weekly Chart Source: Trading View AUD/USD slipped to a fresh 2021 low (0.6993) after failing to push above the...

The Australian Dollar has struggled to make good on pivot away from dovish policy extremes at the RBA, its home central bank. Governor Philip Lowe...

GOLD ANALYSIS Advertisement BULLION FUNDAMENTAL BACKDROP With higher vaccine efficacy shown by the Johnson & Johnson offering, the seriousness of the Omicron variant has dissipated...

Crude Oil, OPEC+, China PMI, Hang Seng Index, HSI, US Dollar – Talking Points Crude oil weakened today after making a monthly high overnight APAC...

Platinum, XPT/USD, COT, Automobile Production, Short Squeeze, Technical Forecast – Talking Points Platinum prices on tract to rise over 2% in December, but yearly losses...

Australian Dollar, AUD/USD, China PMIs, Omicron, New Year – Talking Points Chinese PMIs increase for December, reflecting elevated economic activity Australian Dollar remains slightly lower...

ARKK FORECAST: ARKK jumps on Thursday, but it still misses out on Santa’s rally The ETF is down approximately 7% in December and 22% in...

EUR/USD Price Analysis EUR/USD fundaments favour dollar post-festive period. Technical patterns present in both weekly and daily charts. IGCS points to short-term uncertainty. Advertisement EUR/USD...

Australian Dollar, AUD/USD,US Dollar, CAD, NOK, NZD, S&P 500, Omicron – Talking Points The Australian Dollar might have found a base going into year end...

Natural Gas, US, Europe, LNG, Nord Stream 2, Temperature Models – Talking Points US Natural gas prices eye EIA inventory report as cold weather looms...

GOLD, XAU/USD, US DOLLAR, BREAKEVENS, INFLATION, YIELDS – Talking Points Gold rally faded as the market lacked momentum to push on Inflation and yields appear...

New Zealand Dollar, NZD/USD, Omicron, South Korea, Technical Forecast- Talking Points Asia-Pacific markets look to open higher ahead of New Year holiday Fears over Omicron...

– Reviewed by James Stanley, Nov. 24, 2021 Using margin in forex trading is a new concept for many traders, and one that is often...

GOLD ANALYSIS Rising Omicron cases supportive of higher gold prices. Inflationary pressure set to extend over festive period. Key daily levels in focus. IG client...

Crude Oil, AUD/USD, ASX 200, Nikkei 225, China – Talking Points Crude oil prices find support in illiquid markets as US Dollar sidelined. APAC equities...

Gold, XAU/USD, Omicron, Breakeven Rates, Technical Outlook – Talking Points Gold prices extending overnight losses in APAC trading Omicron lifts breakeven rates but probably not...

Australian Dollar, AUD/USD, Omicron, Wall Street, Holiday Trading – Talking Points Asia-Pacific markets may see a mixed open after volatility on Wall Street Omicron fears...