Gold Prices Threaten Key Chart Barrier as Yields Drop Spurs Rebound
Gold prices are testing a critical chart barrier on the way upward as a drop in Treasury bond yields boosts the non-yielding metal’s relative appeal. A break higher is likely to expose the $1800/oz...
Swiss Franc Forecast: USD/CHF, EUR/CHF Moderation Eases Pressure on SNB
The Franc weakened against the Euro and US Dollar in the first quarter, taking pressure off the Swiss National Bank's currency intervention. A miscalculation by the SNB, however, risks sending the ...
Australian Dollar May Still Finish Week Strong Despite Lackluster Chinese GDP
The Australian Dollar may still finish the week strong despite lackluster Chinese GDP and industrial production. AUD/USD confirmed a break above a Descending Triangle, eyeing resistance.
Dow Jones Rallies on Strong US Data, Nikkei 225 and ASX 200 Eye China GDP
A much stronger-than-expected US retail sales data and bank earnings sent Wall Street equities to their record highs, and Treasury yields fell. Chinese Q1 GDP figure will set the tone for APAC trad...
JPY Q2 2021 Technical Forecast
The technical outlook for the haven-associated Japanese Yen remains overtly bearish, after the funding currency toppled over 5.5% on average against its major counterparts in the first quarter of 2...
Crude Oil Price Outlook: Fresh Highs in Focus Post-Breakout
Crude oil price action has climbed with conviction over the last two sessions, leading to a topside breakout from its recent trading range and pushing the commodity to four-week highs.
GBP Q2 2021 Technical Forecast
As Q1 comes to a close, much of the early quarter gains in GBP/USD have been largely retraced after peaking at 1.4235.
S&P 500 Forecast: Has the Market Finally Bought What the Fed Was Selling?
US equities have pushed to new heights as strong bank earnings and widespread risk appetite work in tandem to drive price gains. Not to be outdone, US Treasurys could supercharge gains if yields fa...
Trading Earnings Season: 3 Steps for Using Earnings Reports
Read on for our 3 steps to follow when using earnings reports for trading.
Small Caps, Copper, EM FX: Q2 Top Trading Opportunities
Coming into 1Q’21, my expectation was that “if growth is the story of 2021, the underperformers of early-2020 should do well.” It is worth acknowledging outperformances and underperformances thus far.