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Stock Market Forecast: Amazon's Prime Day is Making Retailer History

Posted by By 22/06/2021Posted inForex
Amazon is making history with its Prime Day event that has seen company sales surpass totals tallied on Black Friday and Cyber Monday combined. Can Amazon reel in massive profits…
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Gold Price Forecast: Is XAU/USD at Risk of Further Losses?

Posted by By 22/06/2021Posted inForex
Gold suffered a cataclysmic breakdown last week following the June FOMC meeting and has been unable to arrest the decline. With key support broken and Dollar strength on the horizon,…
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US Dollar Technical Analysis: USD Grasps for Higher-Low Support

Posted by By 22/06/2021Posted inForex
The US Dollar put in an aggressive spike last week. And so far this week, that strength has largely remained. Powell is on deck, ahead of a chorus of Fed…
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USD/CAD to Stage Larger Correction on Another Overbought RSI Reading

Posted by By 22/06/2021Posted inForex
USD/CAD may stage a larger correction over the remainder of the month as the Relative Strength Index (RSI) appears to be on track to indicate another overbought reading.
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Crypto Falling Knives: BTC Below 30k, ETH Below 2k, Doge Plays Dead

Posted by By 22/06/2021Posted inForex
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EUR/GBP Price Action Set-Ups Ahead of BoE Rate Decision

Posted by By 22/06/2021Posted inForex
The EUR/GBP currency pair continues to consolidate near the lower end of the trading range ahead of UK PMI data and BoE rate decision
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Dow Jones & Nasdaq 100 Technical Outlook Continues to Diverge

Posted by By 22/06/2021Posted inForex
As old and new-school stocks trade positions, the Dow and Nasdaq continue to carve diverging technical paths; couple of key technical themes to keep an eye on.
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Sentiment Data Send Bearish Signal on USD/JPY as Uptrend Persists | Webinar

Posted by By 22/06/2021Posted inForex
IG client positioning data are sending out a bearish signal for USD/JPY even though the pair continues to trend higher.
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US Dollar Shorts Damaged, GBP Bulls Eye EUR/GBP Pullback – COT Report

Posted by By 22/06/2021Posted inForex
USD shorts wrongfooted by hawkish Fed. JPY short squeeze. GBP bulls look to fade EUR/GBP recovery
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Gold Price Outlook: XAU/USD To Gain on Dovish Fed Speeches

Posted by By 22/06/2021Posted inForex
Gold prices resume pullback ahead of Powell’s speech later this evening
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