Heading into 2021, our ‘bottom line’ on the Aussie technicals noted, “the Australian Dollar price rally has matured with an advance of more than 37%...
Continue Reading:... Search Web: Brazil FX in somber mood as pandemic roars on, pressure mounts on government: Reuters poll [siteorigin_widget class="WP_Widget_Recent_Posts"][/siteorigin_widget] [siteorigin_widget class="Jetpack_Top_Posts_Widget"][/siteorigin_widget]
The Biden administration’s first stimulus package brought forth a jump in both nominal US Treasury yields and inflation expectations, the net-result of which was rising...
The S&P 500 index is riding an ascending trend higher and may attempt to challenge a psychological resistance level at 4,000 (the 100% Fibonacci extension...
The strong bid beneath crude oil broadly tracked market optimism surrounding covid vaccine developments, massive fiscal stimulus packages, and improved outlook for global GDP growth....
Heading into Q2, I am bearish on AUD/CAD on US economic outperformance, BoC tapering and favourable positioning. Continue Reading:... Search Web: Short AUD/CAD: Q2 Top...
The technical outlook for the haven-associated Japanese Yen remains overtly bearish, after the funding currency toppled over 5.5% on average against its major counterparts in...
The Australian Dollar appreciated against its US counterpart during the first quarter of 2021 with AUD/USD briefly trading above the 0.8000 handle in February. Continue...
Copper has been supported by unprecedented monetary policy, ultra-low interest rates and more importantly, low or negative real yields. It now looks to benefit from...
Coming into 1Q’21, my expectation was that “if growth is the story of 2021, the underperformers of early-2020 should do well.” It is worth acknowledging...
Gold prices have managed a spirited two-day recovery but firm US nonfarm payrolls data may stoke Fed tightening speculation and snuff out upward momentum. Continue...
Continue Reading:... Search Web: Dollar steadies before U.S. payrolls as sentiment improves [siteorigin_widget class="WP_Widget_Recent_Posts"][/siteorigin_widget] [siteorigin_widget class="Jetpack_Top_Posts_Widget"][/siteorigin_widget]
Looking to trade post release? Read on for more on approaching volatile conditions after news events. Continue Reading:... Search Web: How to Trade After a...
Crude oil price action was surprisingly resilient during Thursday's session with the commodity climbing 3% higher to trade above $61.00/bbl despite OPEC+ announcing plans to...
The price of gold appears to be breaking out of the downward trend from earlier this year after defending the March low ($1677). Continue Reading:......
The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA. Continue Reading:... Search Web: Moving Average (MA) Explained...