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New Zealand Dollar Forecast: NZD/USD Drives Higher on Buoyed Risk Sentiment

Posted by By 20/10/2021Posted inForex
The New Zealand Dollar moved higher overnight after Wall Street traders pushed US stocks higher. Meanwhile crude oil prices gained on a surprise inventory draw, per EIA figures.
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How to Become a Day Trader: Lyss Tj Roberts’ Story

Posted by By 20/10/2021Posted inForex
Lyss Tj Roberts started trading in 2012 and quit a year later when all of the small cap stocks she had invested in went bankrupt.
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Tesla Q3 Earnings Report: Revenue and EPS Beat, Stock Unfazed After Hours

Posted by By 20/10/2021Posted inForex
Tesla beat analysts' expectations for the third quarter, but prices failed to move higher in after-hours trading. Supply chain issues will be under the microscope on this evening's earnings call.
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Dow Jones Hits Intraday Record as Risk-on Mood Lifts All Boats Including Bitcoin

Posted by By 20/10/2021Posted inForex
The Dow Jones rises for the fourth consecutive day and briefly marks an intraday high, supported by risk-on mood in response to positive corporate earnings and constructive profit guidance.
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US Dollar Outlook: USD Snaps Support- DXY Price Breakdown Levels

Posted by By 20/10/2021Posted inForex
US Dollar is on the defensive for the second week with the index breaking below the monthly opening range today. The levels that matter on the DXY technical charts.
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Canadian Dollar Price Forecast: USD/CAD, CAD/JPY

Posted by By 20/10/2021Posted inForex
The CAD rip has continued against both the US Dollar and the Japanese Yen, but for how long can overbought conditions remain before a pullback comes into play?
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NZD/USD Rate Clears September High to Trigger Overbought RSI Reading

Posted by By 20/10/2021Posted inForex
Recent developments in the RSI indicate a further appreciation in NZD/USD as the oscillator pushes into overbought territory for the first time since February.
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Mid-Week Market Updates: Volatility Trends & Options Outlook

Posted by By 20/10/2021Posted inForex
Measures of volatility are falling for US stocks, crude oil prices, and gold prices – what does this mean for traders?
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Oil Technical Forecast: Oil Eight-Week Rally Vulnerable- WTI Levels

Posted by By 20/10/2021Posted inForex
Oil prices surged more than 5% to seven year highs with the breakout marking a seventh-weekly rally in crude. The levels that matter on the WTI weekly technical chart.
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Gold Price Eyes 200-Day SMA Again During Fed Blackout Period

Posted by By 20/10/2021Posted inForex
The price of gold may stage a larger recovery during the Federal Reserve’s blackout period as it extends the series of higher highs and lows from the start of the…
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