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Gold Price Outlook: XAU/USD Vaccine Sell-off Tests Key Support Zone

Posted by By 16/11/2020Posted inForex
Gold prices are struggling since news of a Covid-19 vaccine with the decline challenging key support. Here are the levels that matter on the XAU/USD technical charts.
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NZD/USD Rate to Eye Fresh 2020 Highs on Overbought RSI Reading

Posted by By 16/11/2020Posted inForex
NZD/USD may trade to fresh yearly highs over the coming days as the Relative Strength Index (RSI) flirts with overbought territory.
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How to Research Stocks: A Step by Step Guide

Posted by By 16/11/2020Posted inForex
Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.
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USD/CAD Rebound Unravels as Fed Balance Sheet Approaches Record High

Posted by By 16/11/2020Posted inForex
USD/CAD pares the advance from the yearly low (1.2928) as the US Dollar weakens against commodity bloc currencies.
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Implied Volatility: What is it & Why Should Traders Care?

Posted by By 16/11/2020Posted inForex
Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.
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Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks

Posted by By 16/11/2020Posted inForex
Rotation-trade dynamics was this past week's focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The…
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Equity Markets Rally After US Biotech Company Moderna Announces Successful Covid-19 Vaccine Trial Results

Posted by By 16/11/2020Posted inForex
US Drug company Moderna says Covid-19 drug is nearly 95% effective, sending risk markets sharply higher.
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EUR/CHF IG Client Sentiment: Our data shows traders are now at their least net-long EUR/CHF since Nov 29 when EUR/CHF traded near 1.10.

Posted by By 16/11/2020Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bullish contrarian trading bias.
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US Dollar Technical Outlook: Make or Break Support Before End of Year?

Posted by By 16/11/2020Posted inForex
The US Dollar Index (DXY) continues to trade around long-term support, but is still in limbo as it is unable to validate it or break on through.
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Australian Dollar Forecast: AUD/USD, AUD/NZD Levels to Watch

Posted by By 16/11/2020Posted inForex
AUD likely to follow global risk sentiment despite plethora of RBA speeches
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