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Insights Board
Insights Board
Insights Board
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Get the latest trading insights from the experts here.
  • AUD/USD Price Analysis: Better bid near 0.7370 as daily chart leans bearish
  • GBP/USD looks to 1.3400 on vaccine hopes, eyes weekend Brexit talks
  • EUR/USD Forecast: Bullish extension to 1.2000/YTD tops still on the cards

GBP/USD Price Analysis: Upside extension to liquidity, now in play

GBP crosses are setting up for a bullish extension. Cable is on the verge of a break of structure and bulls will be seeking a discount n the way to the 1.3430s. It is one or the other until breakeven can be achieved, but just like the following GBP/JPY analysis, cable bulls are in for an opportunity

AUD/USD: Upbeat China PMIs favor bulls near fresh three month high around 0.7400

AUD/USD remains positive after China’s activity data for November flashed welcome signs. November’s China NBS Manufacturing PMI, Aussie TD Securities Inflation flashed more than expected results. Market mood stays cautious optimistic amid vaccine hopes, Brexit jitters and Aussie-China tussle. AUD/US

PBOC injects CNY200 billion via one-year MLF at 2.95%

The People’s Bank of China (PBOC) injected CNY200 billion via one-year medium-term lending (MLF) facility on Monday. The Chinese central bank conducted the one-year MLF operation at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the seventh consecutive operation.

NZD/USD refreshes 2.5-year high on strong China PMI above 0.7400

NZD/USD rises to the fresh high since June 2018 after China data. China’s NBS Manufacturing PMI, Non-Manufacturing PMI beat market forecasts in November. ANZ Business Confidence, Activity Outlook also came in positive for November. Bulls cheer vaccine hopes amid NZ’s ability to overcome the pandemic

US Dollar Index Price Analysis: DXY drops to the lowest since April 2018

DXY stays depressed after beginning the week with a downside gap to fresh multi-month low. Bearish MACD, sustained trading below short-term resistance line, HMA favor sellers. The 92.00 round-figure can offer an immediate upside barrier. US dollar index (DXY) remains on the back foot around 91.69, t

US Pres. Trump to add two Chinese companies to defense blacklist – Reuters

Amid the latest on the Sino-American row, the Trump administration is said to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to its blacklist of alleged Chinese military companies, Reuters reports, citing a document and sources. developing story ....

USD/CNY fix: 6.5782 / USD vs last close 6.5755

The People’s Bank of China (PBOC) set the yuan mid-point at 6.5782 / USD vs last close 6.5755. About the fix China maintains strict control of the yuan’s rate on the mainland, the current known as CNY which differs from its offshore yuan, or CNH, which not as tightly controlled as the onshore yuan.

Crude oil monthly forecast

Fundamental Analysis Difference between supply and demand shows fair price between the levels $45 - 53, but new covid wave and lockdown increasing create downtrend pressure to the level $30. Monthly Forecast, December 2020 Uptrend scenario The uptrend may be expected to continue, while market is tra

Gold & silver technical analysis elliott wave [Video]

Gold (XAU/USD):Price Analysis, Investing and Trading with Technical Analysis Elliott Wave Forecast and Trading Levels - Gold & Silver Technical Analysis Elliott Wave counts Elliott Wave Gold: Wave (iii) of c) of 4 Gold Trading Strategy:Short Wave (iii) See Video

Is sell-off over for gold & silver? [VIDEO]

“Vaccine Mondays” as they are now known – has become a predictable trading opportunity that continues to present savvy traders with trading opportunities week-in-week-out. Like clockwork – Gold and silver pulled back on positive coronavirus vaccine news. Gold and silver price action has continued to

Silver Price Analysis: XAG/USD bears battle $22.50 inside two-week-old falling channel

Silver remains depressed around lowest since September 25, flashed on Friday. Oversold RSI suggests bounce off short-term bearish chart pattern. 200-bar SMA can lure the bulls during the upside break to the channel. Silver prices decline to $22.50, down 0.60% intraday, during Monday’s Asian session.

EUR/USD Price Analysis: Refreshes three-month high towards 1.2000, battles triangle resistance

EUR/USD eases from fresh high since September 01. RSI conditions warrant caution, bears are less likely to take entries above 1.1870. EUR/USD steps back from the multi-day high while declining to 1.1964 during Monday’s Asian session. The pair rose to the highest in three months before a few hours bu

China data dump beats expectations

China November official manufacturing PMI at 52.1 (Reuters poll 51.5) vs 51.4 in October - Reuters news China Nov. official composite PMI at 55.7 - Reuters news China November official services PMI rises to 56.4 vs October 56.2 - Reuters news Description of the official non-manufacturing PMI The off

AUD/NZD bulls expecting an opportunity on dimming kiwi sentiment

AUD/NZD is currently trading at 1.0517 and remains virtually unchanged within a phase of expansion as bulls and bears fight to break out one way or the other. The range today, so far, has been between 1.0492 and 1.0517 as markets look to Aussie risk events for the next catalyst. With the Thanksgivin

Week Ahead: We go again [Video]

A busy end to a chaotic year December may normally be associated with everything slowing down as we ease our way into the festive period but as with everything else in 2020, this is no normal December. Donald Trump is continuing to fight the election result and is going out swinging, Brexit talks ar

Pull-up Update