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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Posted by By 05/06/2021Posted inForex
U.S. stocks appear poised to trade higher, but should weakness set in there is substantial support below.
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Elon Musk and Bitcoin – The Biggest Break Up Since Kim and Kanye?

Posted by By 05/06/2021Posted inForex
High-profile splits are commonplace these days, but are Elon Musk and Bitcoin really going their separate ways?
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Canadian Dollar Outlook Hinges on Bank of Canada (BoC) Rate Decision

Posted by By 05/06/2021Posted inForex
The Bank of Canada (BoC) rate decision is likely to influence the near-term outlook for USD/CAD as the central bank starts to scale back its emergency measures.
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Australian Dollar Outlook: Risk Trends in Focus as Traders Weigh Policy Outlooks

Posted by By 05/06/2021Posted inForex
The risk-sensitive Australian Dollar was a winner following Friday's US non-farm payrolls miss. Australian Westpac consumer confidence and US CPI are in focus next week as traders weigh central ban...
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Gold Price Forecast: Gold Snaps Four-Week Rally- XAU/USD Levels

Posted by By 04/06/2021Posted inForex
Gold surged more than 13% off the yearly low with the XAU/USD rally stalling this week at technical resistance. Here are the levels that matter on the Gold weekly chart.
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Mexican Peso Weekly Forecast: USD/MXN Sways on US Jobs Data, Focus on Mexican Election

Posted by By 04/06/2021Posted inForex
USD/MXN drops back below 20 Pesos per Dollar ahead of the Mexican mid-term elections on Sunday.
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Elon Musk Tweets: The Impact of Social Media on Markets

Posted by By 04/06/2021Posted inForex
Elon Musk Tweets have a tendency to move markets, highlighting the influence of social media on trading
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USD/CAD Technical Outlook Post NFP & Canada Jobs Data

Posted by By 04/06/2021Posted inForex
USD/CAD is sitting on big long-term support; finding movement on the May jobs figures for the U.S. and Canada.
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US Dollar Drops, Gold Pops on Mixed NFP Report

Posted by By 04/06/2021Posted inForex
A slightly weaker than expected NFP headline at 559k vs 650k expected. USD bulls disappointed.
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Crude Oil, Bitcoin (BTC) & AMC Rollercoaster – FinTwit Trends to Watch

Posted by By 04/06/2021Posted inForex
Markets are in a state of upheaval this week with energies including U.S. crude oil reaching yearly highs, while recent FinTwit trending topics Bitcoin (BTC) and AMC are causing a…
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