US Dollar Price Outlook: Is a USD/CAD Reversal on the Horizon?
USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Declines have left the pair with little…
Oil Price Forecast: Double Top Formation Intact Ahead of OPEC Meeting
The price of oil may consolidate ahead of OPEC’s Joint Ministerial Monitoring Committee (JMMC) meeting on June 1 as the double top formation remains intact.
Wall Street CEOs Testify in Washington on COVID Relief, Diversity Efforts
The CEOs of JP Morgan, Goldman Sachs, Citi, and other prominent financial institutions met with Senators on Wednesday to discuss the role banks played in the implementation of various COVID…
Gold Price Forecast: XAU Bull Flag Breakout Begins to Pull Back
Gold prices put in a major breakout and, so far, haven't looked back. Might a pullback be in order?
British Pound Forecast: Sterling Crosses Prove Tired – Setups for EUR/GBP, GBP/JPY, GBP/USD
The British Pound is finishing one of the worst times of the year per seasonality studies, and given that context, the month of May has been quite good.
Silver Price Forecast: Rising Towards Ascending Triangle Resistance – Levels for XAG/USD
Silver prices have slowly but surely rallying throughout May.
AUD/USD Rate Outlook Hinges on RBA Interest Rate Decision for June
AUD/USD may stage a larger rebound ahead of the Reserve Bank of Australia (RBA) interest rate decision for June amid the failed attempts to test the monthly low (0.7675).
Gold Price Latest – Punching Through Resistance as The Bullish Trend Continues
Gold is currently taking out resistance at $1,900/oz. and is looking to test highs last seen at the start of the year.
Canadian Dollar Forecast: Pushing to Lower Levels or Correction Ahead?
Exhaustion setting in as CAD stalls despite rising oil prices.
British Pound (GBP) Price Outlook: Range-Trading Opportunities in GBP/USD
GBP/USD continues to trade sideways around the 1.4150 level and will likely ease back as the price nears its recent highs and rally when it nears the lows.