S&P 500, Oil, Bond Fund Flows Amid Recovery-Fueled Rise in Yields Posted by By 03/03/2021Posted inForex S&P 500, Oil, and Bond ETFs have had mixed reactions to recent developments in the US macro outlook.
USD/CAD Recovery Unravels Amid Failure to Hold Above 50-Day SMA Posted by By 03/03/2021Posted inForex USD/CAD may continue to give back the advance from the February low (1.2468) as the exchange rate trades back below the 50-Day SMA (1.2718).
4 Effective Trading Indicators Every Trader Should Know Posted by By 03/03/2021Posted inForex Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.
EUR/USD Chops on ECB Confusion, Oil Prices Jump on OPEC Sources – US Market Open Posted by By 03/03/2021Posted inForex Euro briefly trades above 1.21 as ECB sources point to calm over bond yields. Oil prices bounce back on OPEC.
British Pound Forecast: Digesting Gains Around Spring Budget – Levels for GBP/JPY, GBP/USD, EUR/GBP Posted by By 03/03/2021Posted inForex After a strong run higher, the British Pound may be due for a period of pullback, if not consolidation, before further gains.
Gold Trading Soft, Silver Price Trying to Hold Important Support Posted by By 03/03/2021Posted inForex Gold has been pressing on a long-term threshold for several weeks; a breakdown may lead to another leg of selling.
GBP/USD & FTSE 100 React to Latest UK Budget Announcement Posted by By 03/03/2021Posted inForex UK Chancellor announces the latest UK Budget. GBP outlook to remain positive as pro-growth budget underpins.
Forex Vs Stocks: Top Differences & How to Trade Them Posted by By 03/03/2021Posted inForex Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.
Bitcoin (BTC/USD), Ethereum (ETH/USD) Rallying Sharply as the Bulls Wrestle Back Control Posted by By 03/03/2021Posted inForex The cryptocurrency market has seemingly absorbed all of last week’s selling interest and is now pushing ahead strongly with new all-time highs the target.
Gold Price Forecast: XAU/USD Consolidates Ahead of New Push Lower Posted by By 03/03/2021Posted inForex Gold lacks fundamental support as it heads for new Fibonacci support