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DAX & CAC 40 Technical Outlook: Uninspiring Bounce Thus Far

Posted by By 21/07/2021Posted inForex
The DAX and CAC are in position for more losses as the bounce holds little power.
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USD/JPY Outlook: Delta Variant Offers Respite For Safe Haven Yen

Posted by By 21/07/2021Posted inForex
USD/JPY is trading at contentious levels which could spark significant moves either way. The Yen’s fundamental backdrop surrounding COVID-19 is key to future price forecasts.
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US Dollar Outlook: Grinding Towards a Fresh Multi-Month High

Posted by By 21/07/2021Posted inForex
The US dollar rebound continues with the dollar basket supported by a general market unease as risk sentiment swings.
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Euro Outlook: EUR/USD Faces Downside Risk Ahead of ECB

Posted by By 21/07/2021Posted inForex
A stronger Dollar continues to put downside pressure on EUR/USD as market uncertainty returns
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British Pound (GBP) Price Outlook: GBP/USD Still Sliding, PSNB in Focus

Posted by By 21/07/2021Posted inForex
GBP/USD continues to trend lower despite news that the UK public sector borrowed less in the first three months of the financial year than officials had forecast.
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The Anatomy of a Viral Asset: GME and Beyond

Posted by By 21/07/2021Posted inForex
GameStop’s spectacular rise and fall signals that a new age of financial market trends may be emerging. What does that mean for volatility?
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Gold Prices Break Uptrend Amid Rising US Dollar and Yields

Posted by By 21/07/2021Posted inForex
Gold prices retreated for a second day as a stronger US Dollar and higher yields dented its appeal. The spread of the Delta variant and the resulting adverse economic impact…
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Crude Oil Price Outlook: WTI at Risk Amid Trendline Breakout, Rising Long Bets

Posted by By 21/07/2021Posted inForex
Crude oil prices weakened despite a recovery on Wall Street as the US Dollar rose. WTI is looking vulnerable following a trendline breakout and rising retail trader long bets.
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Australian Dollar Outlook: AUD/USD Revival Hopes Flimsy on Retail Sales Miss

Posted by By 21/07/2021Posted inForex
The Australian Dollar was kicked back lower after June retail sales crossed the wires at -1.8%, missing estimates of -0.7% and falling from 0.4% in May. RBA policy will shift…
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Dow Jones Rebound May Lead Hang Seng Higher, Netflix Earnings Miss

Posted by By 21/07/2021Posted inForex
Wall Street stocks rebounded sharply on Tuesday as traders took Monday’s pullback as an opportunity to “buy the dip”. This may set a positive tone for APAC stocks. Netflix missed…
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