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Gold Soars, Oil Pared Back, Bitcoin Wobble

Oil pares gains as lockdowns become more severe New and extended lockdowns may be taking their toll on broader risk appetite today and it may have taken the edge off oil prices which appeared to be continuing their impressive late 2020 run into the new year. The lockdowns are becoming more severe wh

Indian Shares Seen Opening On Cautious Note

Indian shares are seen opening on a cautious note Tuesday, tracking a muted trend elsewhere in Asia amid concerns over the spread of coronavirus new strain and uncertainty about Senate runoffs in Georgia, which could have a major impact on what U.S. President-elect Joe Biden is able to accomplish. C

EURUSD Another Rejection

The euro currency has incurred another rejection from the 1.2300 resistance level against the US dollar, following the release of solid Manufacturing data from the US economy. If bulls fall to move the EURUSD past the 1.2300 level, then sellers could move the pair back towards the 1.2130 support are

CHECKLIST: Before you sign up to an online broker

Photo: Google Image Follow this checklist to ensure the online broker you sign up for is secured and right for your needs. Ensure your broker is fully regulated and approved Take some time to read the small print and assess what the relevant regulator offers in terms of protection. Be aware that som

Australia, NZ dlrs start 2021 with gains

SYDNEY, Jan 4 (Reuters) - The Australian dollar started the new year with gains on Monday, as investors bet on a vaccine-fuelled recovery of the country’s economy, which is already supporting higher property prices, while the New Zealand dollar was also higher. The Aussie was up 30 basis points to $

UK consumer confidence strongest since February - YouGov/CEBR

LONDON, Dec 31 (Reuters) - British consumer confidence rose to its highest since February in the first half of December, before a new variant of COVID-19 prompted the government to tighten lockdown restrictions across England, a survey showed on Thursday. The YouGov/CEBR consumer confidence indicato

Pre-market global review: Crude oil is trading lower [Video]

Good Morning Traders, As of this writing 6 AM EST, here’s what we see: US Dollar: Dec '20 USD Down at 89.555. Energies: Jan'21 Crude is Down at 48.16. Financials: The Mar '21 30 year bond is Down 1 tick and trading at 172.26. Indices: The Mar'21 S&P 500 emini ES contract is 1 tick Lower and trad

NASDAQ 100 Forecast: Market Sits Just Under Large Figure

The NASDAQ 100 is sitting just below the crucial 13,000 level, which will attract a lot of attention. The market's attempt to rally during the trading session and give back some of the gains during the day on Wednesday shows that we are continuing to struggle. The uptrend line has been followed quit

DAX Index Forecast: Market Forming a Short-Term Top

The DAX gapped lower during the trading session on Wednesday only to turn around and fill the gap. We have fallen from there and it is worth noting that the €13,825 level had previously caused resistance several months ago, and now we are seeing that area offer resistance yet again. The question is

AUD/USD hits fresh two-year highs, eyes 0.7700

Aussie among biggest gainers on Wednesday, on the back of risk appetite. AUD/USD heads for highest daily close since 2018. The AUD/USD pair rose further during the American session and climbed to 0.7685, the highest since April 2018. As of writing, it remains near the top, holding a strong bullish t

EUR/USD Forecast: Euro Continues to Eyeball Major Resistance

The euro continues to look very bullish, as we saw buying pressure during the trading session on Tuesday. The 1.23 level above is a significant resistance barrier, as we have seen a lot of selling from that level previously on long-term charts. In fact, there is probably a significant amount of resi

Gold Forecast: Markets Hovering Just Below $1900

Gold markets continue to hover just below the $1900 level during trading on Tuesday, as we simply have nowhere to be. We are sitting on top of the 50-day EMA, which is somewhat supportive from a technical analysis standpoint, but the market looks as if it is respecting the $1900 level as significant

Indeks Dolar AS Jatuh Ke Terendah Baru Sejak April 2018 Di Tengah Optimisme Berhati-Hati

DXY menembus level terendah bulanan untuk menyentuh palung baru 32-bulan.Proposal stimulus ragu-ragu Pemimpin Senat AS Mitch McConnell bergabung dengan kekhawatiran virus akan mendukung risiko di tengah kalender ringan.S&P 500 Futures berpisah dari benchmark Wall Street sementara saham Asia dipe

Malaysia Stock Market May Extend Tuesday's Losses

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the four-day losing streak in which it had stumbled almost 50 points or 3.2 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,635-point plateau and

$AZN : Will COVID-19 vaccine development propulse AstraZeneca?

AstraZeneca is a British-Swedish multinational pharmaceutical and biopharmaceutical company. Founded in 1999 and headquartered in Cambridge, UK, it is a merger of the Swedish Astra AB and British Zeneca Group. Astrazeneca is a part of FTSE100 index. Investors can trade it under the ticker $AZN at Lo

Pull-up Update