Oil Price Forecast: Crude Rebound Emerges amid Failed Test of July Low
The price of oil appears to have reversed course following the failed attempt to test the July low ($65.01) as it carves a series of higher highs and lows.
British Pound Technical Analysis: GBP/JPY, GBP/USD, EUR/GBP Rates Outlook
The British Pound continues to climb the wall of worry that is the delta variant, and appears well-positioned to build on gains versus its major counterparts.
US Dollar Tests Support After CPI: EUR/USD, GBP/USD, USD/JPY
The US Dollar pulled back after a 5.4% headline inflation print. Is this a temporary pullback or the beginnings of a USD reversal?
EUR/GBP Price Outlook: Sluggish Eurozone Recovery Weighs on the Euro
The EUR/GBP pair continues to fall within the descending channel as the eurozone continues its rocky road to recovery
Gold Price Forecast: Rebound in Bullion Generates RSI Buy Signal
The price of gold may stage a larger recovery over the coming days as the Relative Strength Index (RSI) offers a textbook buy signal.
USD & US Rates Dip, Reprieve for Gold In Reaction to US CPI
USD dips on US CPI, however, moves likely to be short-lived with inflation Fed goal reached
Bitcoin (BTC), Ethereum (ETH) Rally Further, Alt-Coins Starting to Lead the Move
In the last week, the cryptocurrency market has seen strong double-digit gains across the board with a range of alt-coins leading the charge.
Euro Outlook: EUR/USD at Risk of Falling Below 1.17, Focus on US CPI
The Dollar has been building on last week’s gains leaving EUR/USD just above 2021 low ahead of US CPI data.
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British Pound (GBP) Price Outlook: GBP/USD Still Edging Lower as USD Climbs
GBP/USD continues to slip back as the US Dollar benefits from Senate approval of President Biden’s spending plans and continuing speculation that the Federal Reserve will taper monetary stimulus.