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AUD/USD Rebounds From Fresh 2021 Low with RSI Buy Signal Taking Shape

Posted by By 21/06/2021Posted inForex
AUD/USD bounces back from a fresh 2021 low (0.7477), with the RSI indicating a textbook buy signal as it rebounds from oversold territory and climbs back above 30.
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Gold Price Forecast: Searching for Support After Fed Meeting – Levels for XAU/USD

Posted by By 21/06/2021Posted inForex
Gold prices proved to be the ‘canary in the coal mine’ around the Federal Reserve meeting. Now what?
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Dow Jones, DAX 30, FTSE 100 Technical Forecasts for the Week Ahead

Posted by By 21/06/2021Posted inForex
Disaster has struck the technical formations of the major indices as the Dow Jones, DAX 30 and FTSE 100 have all broken beneath crucial trendlines that might allow losses to…
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Canadian Dollar Forecast: USD/CAD Surge Pulls Back – Loonie Levels

Posted by By 21/06/2021Posted inForex
After showing one of the cleanest USD trends coming into June, USD/CAD has reversed aggressively as the Fed took on a less dovish tone. Do USD/CAD bulls have more room…
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AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Mar 26, 2021 when AUD/JPY traded near 83.81.

Posted by By 21/06/2021Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.
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USD/JPY Reverses Ahead of 2021 High with US PCE Price Index on Tap

Posted by By 21/06/2021Posted inForex
USD/JPY appears to have reversed course ahead of the 2021 high (110.97) as the exchange rate carves a series of lower highs and lows from the June high (110.82).
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USD/ZAR Forecast: SA Rand Pulling Back After Hawkish Fed Scare

Posted by By 21/06/2021Posted inForex
The rand is slowly clawing back lost gains after last weeks poor performance against the dollar. This being said, was last week an overreaction to the Fed announcement or will…
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USD Technical Outlook: DXY Squeeze Set to Continue

Posted by By 21/06/2021Posted inForex
The DXY rallied fiercely last week, now it will be time to see if it can steady itself and gain further in the days/weeks ahead.
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Euro Latest: EUR/USD Recovery Faces Hurdle, Powell Risk Ahead

Posted by By 21/06/2021Posted inForex
Fallout from the FOMC’s Hawkish Surprise Continues to Reverberate Around the Market.
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Bitcoin (BTC), Ethereum (ETH) Sell-Off Accelerates Into Support, Crypto Market a Sea of Red

Posted by By 21/06/2021Posted inForex
The weekend sell-off continues today as the cryptocurrency market crumbles with double-digit losses seen across the board
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