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New Zealand Dollar Forecast: NZD/USD Up on Sentiment Recovery, OCR Bets

Posted by By 21/07/2021Posted inForex
A recovery in global market sentiment is lifting the risk-sensitive New Zealand Dollar as growth worries related to the Delta variant of Covid-19 subside.
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Euro Price Outlook: How Will the ECB Decision Impact EUR/USD?

Posted by By 21/07/2021Posted inForex
EUR/USD price action is front and center headed into the upcoming ECB rate decision and press conference scheduled for Thursday. How might the European Central Bank weigh on the Euro?
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Copper Prices Continue to Consolidate, but a Violent Breakout Could Come Soon

Posted by By 21/07/2021Posted inForex
Copper prices have traded in a narrow interval since late June amid indecision among market participants, but a breakout of the range and a violent move could be just around…
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Gold Price Forecast: Is This The Calm Before The Storm?

Posted by By 21/07/2021Posted inForex
Gold finds itself at a crossroad ahead of a major week for markets. Surrounded on all sides by influential technical levels the coming days may be crucial for gold's price…
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Oil Price Recovery Unfazed by Unexpected Rise in US Crude Inventories

Posted by By 21/07/2021Posted inForex
The price of oil may stage a larger recovery over the remainder of the week as it appears to be unfazed by an unexpected uptick in US crude inventories.
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Euro Technical Analysis: EUR/GBP, EUR/JPY, EUR/USD Rates Outlook

Posted by By 21/07/2021Posted inForex
EUR/JPY and EUR/USD rates have been holding below short-term EMAs for over one month, delineating lines in the sand for the recent bearish impulse.
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Canadian Dollar Price Forecast: USD/CAD Reverses – Did Loonie Bottom?

Posted by By 21/07/2021Posted inForex
USD/CAD is putting in an aggressive reversal after testing the 1.2800 level. Did USD/CAD just top as the Loonie bottomed? Or is this a re-load scenario?
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Meme Stocks: What Are They and Why Are They so Popular?

Posted by By 21/07/2021Posted inForex
Meme stocks rise exponentially after going ‘viral’ on social media. Find out their characteristics
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EUR/USD Outlook Hinges on ECB Guidance Following Strategy Review

Posted by By 21/07/2021Posted inForex
The European Central Bank (ECB) interest rate decision may keep EUR/USD under pressure if the Governing Council retains the current course for monetary policy.
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Copper Futures (HG) Technical Outlook: Testing Trend Support

Posted by By 21/07/2021Posted inForex
Copper futures are sitting on an important trend-line, with the possibility of forming a broader topping formation; trading bias should be determined soon.
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