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AUD/USD Shrugs Off China Trade Data, Sinks on Biden Stimulus News

Posted by By 14/01/2021Posted inForex
Chinese trade data for December came across the wires above expectations, but the Australian Dollar and markets are keying in on news that the incoming Biden administration is aiming for…
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ASX 200, Hang Seng Index Eye China Trade Data. S&P 500 on the Defensive

Posted by By 14/01/2021Posted inForex
The S&P 500 index rose slightly overnight, led by defensive sectors including utilities, real estate and information technology. Asia-Pacific investors eye China’s trade balance for clues on a reco...
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AUD/NZD Aims Higher with Chinese Economic Data in Focus

Posted by By 14/01/2021Posted inForex
Treasury yields fell after strong auction demand on the 30-year bond as Wall Street moved higher. Meanwhile, AUD/NZD may be poised for further upside with bullish technical signals on the…
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US Dollar Outlook: USD Price Action Eyes Biden Stimulus Proposal

Posted by By 13/01/2021Posted inForex
The broader US Dollar edged higher on Wednesday despite a deeper pullback in Treasury yields. USD price action turns to president-elect Biden who is due to release details of his…
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Gold Price Forecast: Rising Yields Threaten XAU/USD as Technicals Sour

Posted by By 13/01/2021Posted inForex
Gold has seen a prolonged decline since its August peak, establishing a series of lower highs and lower lows in the process. As treasury yields rise, gold may lose some…
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AUD/USD Rate Outlook Hinges on Break of January Opening Range

Posted by By 13/01/2021Posted inForex
AUD/USD preserve the opening range for January as it breaks out of the series of lower highs and lows from the previous week.
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4 Effective Trading Indicators Every Trader Should Know

Posted by By 13/01/2021Posted inForex
Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.
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Bitcoin (BTC) Builds for the Next Big Break, BTC/USD Levels

Posted by By 13/01/2021Posted inForex
Is Bitcoin a bubble in process of bursting, or is this a simple pullback on the way to fresh higher-highs?
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USD/CAD Trades in Defined Range as US Dollar Tracks Risk Sentiment

Posted by By 13/01/2021Posted inForex
Swings in risk appetite may sway USD/CAD ahead of the BoC’s first meeting for 2021 as the US Dollar still reflects an inverse relationship with investor confidence.
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Euro Hit by Italian Political Risks, GBP Gains Despite Firm USD – US Market Open

Posted by By 13/01/2021Posted inForex
Markets slightly softer, while GBP gains despites firm USD.
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