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Gold Prices Eye $1900 as Chinese PPI Beat Signals Building Price Pressures

Posted by By 09/06/2021Posted inForex
Gold prices edged slightly higher as Chinese PPI surged to the highest level since 2008, hinting at further price pressures. Traders are eyeing the $1,900 mark ahead of Thursday’s US…
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Japanese Yen Outlook: USD/JPY, EUR/JPY at Risk Amid Rising Net-Long Bets

Posted by By 09/06/2021Posted inForex
The Japanese Yen may rise as retail investors increase their long exposure in pairs like USD/JPY and EUR/JPY. Will these pairs turn lower? What are key levels to watch for?
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Crude Oil Forecast: EIA Inventory Stocks In Focus Following Bullish API Print

Posted by By 09/06/2021Posted inForex
Crude oil broke above the 70 handle, with energy traders focused on Wednesday's EIA inventory figures following a bullish draw in Tuesday's API numbers.
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Dow Jones in Tight Range, Hang Seng, ASX 200 May Edge Higher

Posted by By 09/06/2021Posted inForex
Wall Street stocks closed mixed as traders awaited the US CPI data. The Russell 2000 outperformed large-cap indexes amid a volatile session. APAC markets opened mixed ahead of China inflation…
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Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook

Posted by By 08/06/2021Posted inForex
The Euro has been experiencing a countertrend rally against the trio of commodity currencies in recent weeks. Longer-term technicals remain bearish, however.
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Nasdaq 100 Price Forecast for the Week Ahead

Posted by By 08/06/2021Posted inForex
The Nasdaq 100 awaits an update on the domestic inflation situation as seasonal headwinds weigh on price action. A data surprise could revive volatility.
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Fame, Fortune & Finance

Posted by By 08/06/2021Posted inForex
Starstruck by big-name athletes and entertainers, investors stock up on special-purpose acquisition company stocks
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Gold Price Chart Posts Bullish "Golden Cross" Formation, Will it Rally?

Posted by By 08/06/2021Posted inForex
Gold posted a bullish technical pattern that could hint a continuation higher is in the works. That said, bulls will still need to negotiate the upcoming Fed meeting and overhead…
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S&P Stirs Near Highs, Russell 2000 Breakout Ahead of Inflation, FOMC

Posted by By 08/06/2021Posted inForex
Stocks are bid ahead of a couple of big drivers on the economic calendar over the next week.
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EUR/USD Rate Rebound Stalls Ahead of ECB Rate Decision

Posted by By 08/06/2021Posted inForex
The recent rebound in EUR/USD appears to be stalling ahead of the ECB meeting as it struggles to extend the series of higher highs and lows from the monthly low…
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