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Robinhood IPO, Non-Farm Payrolls & OPEC+ – FinTwit Trends to Watch

Posted by By 02/07/2021Posted inForex
Another exciting week in financial markets as FinTwit was flooded by heavy hitting stories from different sectors namely, the Robinhood IPO, U.S. unemployment data (NFP) and OPEC+ meeting to addres...
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USD/JPY to Try to Move Higher out of Macro Wedge: Q3 Top Trading Opportunities

Posted by By 02/07/2021Posted inForex
USD/JPY had been in a narrowing range the past few years, and on that was a chart that had been of interest for some time for the very reason that…
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British Pound Q3 Technical Forecast: Attractive at Lower Levels

Posted by By 02/07/2021Posted inForex
Much like the end of Q1, GBP/USD is closing Q2 on a rather sour note. The pair rejected 1.4240-50 yet again, making it look increasingly like a double top.
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Post NFP Rand Price Setups: USD/ZAR, GBP/ZAR and EUR/ZAR

Posted by By 02/07/2021Posted inForex
ZAR gained against a basket of majors (USD, GBP, EUR) after mixed NFP data revealed a higher unemployment rate despite adding more jobs
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US Dollar Pressured as Unemployment Rate Ticks Higher to 5.9%

Posted by By 02/07/2021Posted inForex
US Dollar bulls look like they are disappointed by the latest nonfarm payrolls report, which showed the unemployment rate rise to 5.9% despite the economy adding 850K jobs in June.
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US Dollar Forecast: NFP Preview with Fed Policy & Market Impact

Posted by By 02/07/2021Posted inForex
The DXY Index is hitting fresh 12-week highs with the US Dollar strengthening broadly headed into Friday's release of nonfarm payrolls data. How will the NFP report impact Fed policy…
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US Dollar Price Action Set Up for NFP: Two Way Risks for USD

Posted by By 02/07/2021Posted inForex
Market focus on NFP, while pre-positioning raises two way risks for the greenback.
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EUR/GBP Price Setup: Bearish Signals Remain Despite Bailey's Dovish Remarks

Posted by By 02/07/2021Posted inForex
EUR/GBP resumes drop below 0.86 as technical setup suggest further bearish pressure
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British Pound (GBP/USD) Steadies Ahead of US Jobs Report

Posted by By 02/07/2021Posted inForex
Sterling remains under pressure against a strong US dollar, and the pair may fall further if today’s US Jobs Report beats expectations.
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Crude Oil Prices May Idle as the FOMC Regains the Spotlight

Posted by By 02/07/2021Posted inForex
Gold prices are seemingly coiling up for the return of volatility as all eyes turn to June’s US jobs report. That may trigger market-wide repricing of the Fed policy outlook.
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