Bank of Canada sees growth ahead by Giles Coghlan, Chief Currency Analyst, HYCM Like the ECB the Bank of Canada also had a more optimistic footing. The general hope is that the current vaccine will put recent woes behind the world economy and ...

HYCM Market Insights & Trading Tips

Market Mood AUDNZD 25.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDNZD pair on Youtube. image Weak AUD, Strong NZD Strong CPI data out of New Zealand last night has helped the narrative for ...

HYCM Market Insights & Trading Tips

Strength for silver ahead? by Giles Coghlan, Chief Currency Analyst, HYCM Silver had a rough start to 2021 as it was pulled down with gold as the early taper talk had some gold bulls hit the panic button. This aversion for gold spilled over into its ...

HYCM Market Insights & Trading Tips

Week Ahead 25.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Risk markets were supported higher this week as incoming US Treasury Secretary Janet Yellen assured markets of ongoing fiscal support. The negative sentiment from the sell the fact ...

HYCM Market Insights & Trading Tips

Hydrogen is hot in the green world by Giles Coghlan, Chief Currency Analyst, HYCM Hydrogen has a few key things going for it. Firstly, when it burns its burns clean. There are an ideal replacement for fossil fuels. Remember around 20% of all Co2 ...

HYCM Market Insights & Trading Tips

Market Mood Adidas 21.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Is Adidas a great buy now? Listen on Youtube image Adidas is a German sportswear company and it tends to have a very strong time of the year between March 12 and April 27. ...

HYCM Market Insights & Trading Tips

Market Mood FTSE 100 20.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the FTSE 100 on Youtube. image The medium term upside case for the FTSE 100 remains. The UK has been living under the shadow of ...

HYCM Market Insights & Trading Tips

Is gold weakness set to stay? by Giles Coghlan, Chief Currency Analyst, HYCM Gold normally has a great start to the year on Chinese gold buying for the Lunar New year celebrations. In fact, over the last 10 years gold has risen in eight years out of ...

HYCM Market Insights & Trading Tips

Market Mood AUDJPY 19.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDJPY pair on Youtube. image Strong AUD, Weak JPY The medium term upside case for the AUDJPY pair still remains in place as price ...

HYCM Market Insights & Trading Tips

Seasonal Insights Unilever 18.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Can we expect Unilever buyers in anticipation of further gains this year? Listen on Youtube. image Unilever has seen strong gains over the first half of the year ...

HYCM Market Insights & Trading Tips

How to manage Bitcoin longs? by Giles Coghlan, Chief Currency Analyst, HYCM The BTCUSD longs were sold well before the $20,000 peak was hit last year on a trend line break. See here. However, there was a number of questions about BTCUSD. Some people ...

HYCM Market Insights & Trading Tips

Market Mood AUDJPY 15.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDJPY pair on Youtube. image Strong AUD, Weak JPY The medium term upside case for the AUDJPY pair remains. The AUD as a ...

HYCM Market Insights & Trading Tips

Stock wars: A key US/China trade tension to watch by Giles Coghlan, Chief Currency Analyst, HYCM Will Alibaba and Tencent face a US ban? As President Trump prepares to leave office, albeit in typical controversial fashion, one of his last actions ...

HYCM Market Insights & Trading Tips

Seasonal Insights Netflix 14.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Will Netflix see further gains this year as lockdown restrictions gather pace? Listen on Youtube. image Netflix saw strong gains this year as a ‘stay at home’ stock ...

HYCM Market Insights & Trading Tips

Week Ahead 18.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM The main story this week was the strong run higher in US 10 year bond yields. This led to a rise in the USD and excited expectations of a faster than expected US recovery. One of the ...

HYCM Market Insights & Trading Tips

Time for the Fed to taper? by Giles Coghlan, Chief Currency Analyst, HYCM There has been some considerable talk from the Fed around tapering the current pace of bond purchases. The most likely outcome of this is a steepening of the Treasury yield ...

HYCM Market Insights & Trading Tips

Seasonal Insights: Visa 13.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Will Visa see further gains this year? Listen on Youtube. image Visa is a well known American multinational financial services company with its HQ in California. Visa ...

HYCM Market Insights & Trading Tips

Looking at a Dollar retracement by Giles Coghlan, Chief Currency Analyst, HYCM An effective method to actually deal with a Dollar pullback The latest market chatter is how much is the latest dollar strength a retracement vs a shift in the trend? ...

HYCM Market Insights & Trading Tips

Seasonal Insights: Illumina 12.01.21 by Giles Coghlan, Chief Currency Analyst, HYCM Will Illumina see further gains this year? Listen on Youtube. image Illumina is an American company which develops, manufactures, and markets integrated systems ...

HYCM Market Insights & Trading Tips

Dollar bounces from key support by Giles Coghlan, Chief Currency Analyst, HYCM The Dollar Index has fallen into heavy weekly support so it is hardly a surprise from a technical perspective to see a bounce here. Just look at the heaviness of the ...

HYCM Market Insights & Trading Tips