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Gold Price Forecast: XAU/USD May Rise Post RBNZ as Fedspeak Remains Dovish

Posted by By 26/05/2021Posted inForex
Gold prices climbed, extending April’s bounce amid falling Treasury yields and an RBNZ rate decision that seemed to spark a domino chain that dented the US Dollar. XAU/USD may rise…
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Dow Jones, DAX 30 Forecast: Retail Traders Resume Selling, More Gains Ahead?

Posted by By 26/05/2021Posted inForex
The Dow Jones Industrial Average and DAX 30 could extend their broader uptrends as retail investors continue persistently selling the indices. What are technical levels to watch for?
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New Zealand Dollar Outlook: RBNZ Catapults NZD/USD on Possible 2H 2022 OCR Hike

Posted by By 26/05/2021Posted inForex
NZD/USD jolted higher after the Reserve Bank of New Zealand left benchmark lending rates unchanged in May, but opened the door to a possible hike during 2H 2022.
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AUD/USD Remains Fragile as China Pressures Speculation in Iron Ore, Copper

Posted by By 25/05/2021Posted inForex
AUD/USD may face further consolidation as metals face mounting pressure from Chinese regulators. April's Westpac Leading Index is in focus.
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New Zealand Dollar Outlook: NZD/USD, AUD/NZD Eye RBNZ Decision

Posted by By 25/05/2021Posted inForex
New Zealand Dollar volatility looks likely to accelerate with NZD/USD and AUD/NZD price action in focus headed into the upcoming RBNZ rate decision.
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Gold Price Surges to Highest Level Since January, Can it Continue?

Posted by By 25/05/2021Posted inForex
Gold surged to its highest levels since January as the precious metal set its sights on the $1,900 mark. The rally may be at risk, however, as taper talk from…
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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Posted by By 25/05/2021Posted inForex
Global bond yields have dropped alongside commodity prices, holding back the trio of commodity-linked currencies.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD

Posted by By 25/05/2021Posted inForex
The US Dollar set a fresh four-month-low this morning, but some comments from Richard Clarida may have spooked bears.
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Crude Oil Price Forecast: Can't Quite Achieve Exit Velocity; Triangle Breakout Soon?

Posted by By 25/05/2021Posted inForex
Crude oil prices continue to flirt with the downtrend dating back to the all-time high, not yet able to escape its gravitational pull.
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RBNZ Rate Decision Preview: Fireworks for NZD/USD?

Posted by By 25/05/2021Posted inForex
RBNZ decision likely to provide volatility for the Kiwi, eyes on statement.
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