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Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens: Q3 Top Trading Opportunities

Posted by By 16/07/2021Posted inForex
A hawkish shift in the Fed’s monetary policy stance may mark another period of outperformance in the Nasdaq 100 index versus the Dow Jones Industrial Average.
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Gold Price Outlook: US Retail Sales, University of Michigan Sentiment in Focus

Posted by By 16/07/2021Posted inForex
Gold may be at risk before the weekend if US retail sales and University of Michigan sentiment surprise higher. Still, the near-term technical outlook for XAU/USD seems to favor the…
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Euro Q3 Technical Forecast: Weakness on the Horizon?

Posted by By 16/07/2021Posted inForex
The Euro faces a deteriorating technical outlook for the third quarter despite a supportive long-term trendline from 2020 guiding prices higher.
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Nasdaq 100 Retreats Amid Viral Concerns, Will Hang Seng Index Follow?

Posted by By 16/07/2021Posted inForex
Wall Street stocks were mixed on Thursday as a viral resurgence casted a shadow over the growth outlook. Los Angeles reinstated mask mandate. Energy and technology stocks were among the…
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New Zealand Dollar Forecast: NZD/USD Surges on Red Hot Q2 CPI Print

Posted by By 15/07/2021Posted inForex
The New Zealand Dollar gained against the US Dollar and its other peers after a red hot Q2 CPI print, confirming the RBNZ's hawkish rate outlook.
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S&P 500 Slides as Traders Eye Retail Sales and Consumer Sentiment Data

Posted by By 15/07/2021Posted inForex
The S&P 500 falls on inflation and COVID-19 concerns despite good corporate results as traders await U.S. retail sales and consumer sentiment data.
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USD, JPY Strengthen as Bitcoin Threatens a Break – Did Oil Just Top?

Posted by By 15/07/2021Posted inForex
It was an abnormally busy summer Thursday but signals are continuing to stack up that a big move may be afoot. Today we look at oil, the Yen and Bitcoin.
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EUR/USD Hit with Hawkish Fed Rhetoric Ahead of US Retail Sales Report

Posted by By 15/07/2021Posted inForex
EUR/USD struggles to retain the rebound from the monthly low (1.1772) as Federal Reserve officials indicate a looming shift in monetary policy.
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Canadian Dollar Technical Analysis: Deeper Setbacks Emerging – Setups in CAD/JPY, USD/CAD

Posted by By 15/07/2021Posted inForex
USD/CAD rates are ripping towards a confluence of resistance, while CAD/JPY rates have lost a significant uptrend.
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Gold Price Outlook: Gold Surges into Trend Resistance- XAU/USD Levels

Posted by By 15/07/2021Posted inForex
Gold prices rallied more than 4.7% off the June lows with XAU/USD now eyeing initial resistance hurdles. These are the levels that matter on the gold technical charts.
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