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GBP/USD Technical Analysis: Watch Price Action Around 14000

Posted by By 03/08/2021Posted inForex
Cable is trading near a big level from months ago, how things continue to unfold around it will be important for its broader outlook.
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USD/CAD Technical Outlook: Short-term Chart in Focus

Posted by By 03/08/2021Posted inForex
USD/CAD has underwent a small bounce, but not expected to last much longer if the short-term chart pattern triggers.
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New Zealand Dollar Outlook: NZ Jobs Key for RBNZ Decision

Posted by By 03/08/2021Posted inForex
NZ jobs report key for RBNZ decision. NZD remains capped despite hawkish OIS markets
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Equities Technical Outlook: Indecision in DAX 30 and IBEX 35 as CAC 40 Aims for New All-Time High

Posted by By 03/08/2021Posted inForex
European equities struggle to find direction after the recent upswing but the CAC 40 is thriving towards a new all-time high
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ZAR Price Outlook: USD/ZAR Slides lower, PMI data and USD Sentiment Shift

Posted by By 03/08/2021Posted inForex
The ZAR continues to strengthen vs the greenback but a recent bullish shift in dollar sentiment poses a challenge to ZAR gains
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British Pound (GBP) Price Outlook: GBP/USD Rejects 1.40 Level

Posted by By 03/08/2021Posted inForex
GBP/USD is trading sideways ahead of Thursday’s Bank of England announcement on UK monetary policy but could extend lower after rejecting key resistance.
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S&P 500 Price Chart Setup Flashes Warning for US Stocks

Posted by By 03/08/2021Posted inForex
The US stock market may be in for a pullback if the cues now emerging in the technical positioning of the broad S&P 500 index find follow-through.
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Australian Dollar Pops as the RBA Leaves Taper Plan in Place. Now What?

Posted by By 03/08/2021Posted inForex
The Australian Dollar climbed as the RBA left its taper plan alone in August despite rising bets otherwise amid weakening growth prospects in the near term. AUD/USD eyes the 20-day…
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Gold, Crude Oil Forecast: XAU Eyes NFPs to Gauge Taper Timeline Appetite

Posted by By 03/08/2021Posted inForex
This week's non-farm payrolls (NFP) will likely be key to gauge the direction of gold as markets look ahead to the Jackson Hole Economic Symposium.
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Nasdaq 100 Forecast for the Week Ahead: Tech May Outperform the Dow Jones

Posted by By 03/08/2021Posted inForex
The Nasdaq 100 may continue outperforming Dow Jones futures ahead as fears about global growth continue weighing on the 10-year Treasury yield ahead of NFPs. What are the risks?
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