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Euro Latest: EUR/USD Upside Faces Tough Resistance, PMIs Mixed

Posted by By 23/06/2021Posted inForex
Hurdles remain for EUR/USD. Euro Area PMIs unlikely to alter the outlook for EUR/USD.
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Crude Oil Prices Climb as OPEC+ Plans August Output Hikes, Stockpiles Fall

Posted by By 23/06/2021Posted inForex
Crude oil prices traded higher on recovery optimism as OPEC+ planned to further lift production cuts in August to meet rising fuel demand. API reported a larger-than-expected fall in crude…
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Euro Price Outlook: EUR/USD, EUR/GBP at Risk Amid Rising Net-Long Bets

Posted by By 23/06/2021Posted inForex
The Euro may be at risk as retail traders are increasing their long exposure in EUR/USD and EUR/GBP. What is the road ahead and what are key technical levels to…
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Natural Gas Forecast: Prices Rise as US Heat Wave Drives Demand Narrative

Posted by By 23/06/2021Posted inForex
Natural gas prices have recaptured a key trendline after a major heatwave sent energy demand in the United States soaring.
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Dow Jones May Lead Nikkei 225 Higher as Tapering Fears Ease

Posted by By 23/06/2021Posted inForex
Wall Street stocks welcomed Fed Chair Jerome Powell’s dovish speech and closed higher. The Nasdaq 100 hit an all-time high. Asia-Pacific markets may follow a positive lead. The US Dollar…
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Canadian Dollar Outlook: USD/CAD Surge Hits Obstacles, Where to Next?

Posted by By 23/06/2021Posted inForex
The Canadian Dollar may have more room to weaken looking at a Loonie index. USD/CAD is struggling to confirm a push above the 100-day SMA, watch the 4-hour chart for…
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Australian Dollar Forecast: Flash PMIs Ease With RBA Talks in Focus

Posted by By 22/06/2021Posted inForex
The Australian Dollar's rebound may have gained another tailwind after a positive flash PMI report from IHS Markit, although the readings eased from May. RBA Assistant Governor Ellis will speak…
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US Dollar Outlook: DXY Slides During Powell's Fed Testimony

Posted by By 22/06/2021Posted inForex
The DXY Index hits session lows as the US Dollar slips broadly with Fed Chair Powell vowing to not preemptively raise interest rates at his congressional testimony.
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Bitcoin (BTC/USD) Breaches, Reclaims $30k in a Wild Day for Crypto

Posted by By 22/06/2021Posted inForex
Bitcoin (BTC/USD) prices plummeted through 30k for the first time since January, but bulls reacted in a big way as BTC has went green on the day.
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Technical vs Fundamental Analysis in Forex

Posted by By 22/06/2021Posted inForex
Is fundamental or technical analysis best for trading? Learn the differences between the two.
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