Australian Dollar Forecast: Risk Aversion Hammers AUD/USD, Chinese Inflation Eyed
Risk aversion swept through markets overnight, driving Treasury yields lower and dragging the risk-sensitive Australian Dollar down. Traders are watching Chinese inflation figures to cross the wires.
Read More »Trading Channels on the Financial Markets
Channels are an important concept used by most traders and investors. They provide an excellent way to identify potential entry and exit points. They are also useful in identifying areas…
Read More »Stock Market Rally: Definition & Profitable Strategies for Traders
A stock market rally, also known as a bull-run, is a period where stocks are rising for a certain period. If the overall stocks rise in a given week, we…
Read More »Gold Price Analysis: Bulls head towards a monthly 50% mean reversion
Gold remains in the hands of the bulls, but there are prospects of a correction to the downside. The following is a top dow analysis that illustrates
Read More »The CPI and Forex: How CPI Data Affects Currency Prices
Find out how to use the Consumer Price Index to make informed trading decisions.
Read More »Pound Sterling Price News and Forecast: GBP/USD is under mild pressure, with bears gaining control
GBP/USD is licking its wounds after the big figure slide to 1.3800 amid repositioning trades. The cable managed to defend the latter but the risks rem
Read More »EUR/GBP Aims Lower: Q2 Top Trading Opportunities
In early February, the Euro breached support which had confined its losses against the British Pound back to mid-May 2020, opening the door for a deep selloff that brought the…
Read More »Aussie jobs: Good news in Emeplyment changem bad in Unemployment rate
Australia’s February Employment change arrived at +88.7K vs the expected +30K, a huge beat, but the Unemployment rate at 5.8% was worse than the expec
Read More »Gold Price Forecast: Can the US Dollar Save Gold from a Breakdown?
Gold prices subdued, familiar resistance caps. Downside risks remain unless USD cracks key support.
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