Nasdaq 100 and Russell 2000 Technical Forecasts for the Week Ahead
The Nasdaq 100 and Russell 2000 find themselves with significantly different technical formations but traders may find cause for optimism in both indices.
Bitcoin (BTC) and Ethereum (ETH) Moving Apart, Binance Shutters Some European Derivative Markets
Ethereum is starting to outperform Bitcoin again ahead of ETH's latest upgrade, while Binance continues to pare back business areas amid ongoing regulatory pressure
Crude Oil Forecast: Price Action Mired by Shaky Risk Appetite
Crude oil price action gained another 2.4% this past week, but the commodity remains more than -4% off its recent swing high with oil outlook being undermined by resurfacing covid…
Australian Dollar Outlook Bleak: AUD/USD Eyes RBA, Delta Variant, Beijing Crackdowns
The Australian Dollar remains vulnerable in the week ahead, eyeing risks such as a dovish RBA, surging Covid cases and recent crackdowns by Beijing. Might US NFPs offer some relief…
Gold Forecast: Gold Tests Resistance, Can Bulls Bring the Break?
Gold teased a breakout this week but bulls quickly pulled back. Is the continued tanking of treasury yields highlighting something of note?
Bitcoin (BTC/USD) Forecast: Big Levels to Determine Bitcoin’s Fate?
Bitcoin (BTC) prices fall back to $39,000 after failing to hold above the critical level of $40,000
British Pound Forecast: GBP Caution as BoE Meeting Looms
A strong Covid-19 vaccine program reduces risks stemming from the Delta variant. BoE optimism on economic recovery grows.
Bitcoin (BTC), FOMC & Robinhood (HOOD) – FinTwit Trends to Watch
FinTwit was alive this week with financial markets overwhelmed with announcements from Elon Musk and Bitcoin to the Federal Reserve meeting. Topping it off was the somber Robinhood IPO.
Gold Price & Silver Technical Outlook: In Face-off with Resistance
Gold and silver have perked up a bit, but need to overcome resistance if they are to continue higher.
US Dollar Little Fazed by Core PCE; Focus on Jobs & Sentiment
The US Dollar is trading broadly mixed on Friday after weakening notably earlier in the week. Core PCE data just released moves the needle little with markets focused on employment…