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AUDUSD: The Critical Ingredient for Head and Shoulders Pattern

Posted by By 21/05/2021Posted inForex
Head-and-shoulders patterns are some of the most recognizable charting formations, yet there is one element that I consider critical to the practicality of trading it. I highlight the critical dist...
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Gold Price Forecast: Gold Soars Towards Resistance at Multi-month High

Posted by By 21/05/2021Posted inForex
Gold surged more than 12% off the yearly low with then XAU/USD breakout now eyeing key technical resistance. These are the levels that matter on the Gold weekly chart.
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7 Surprising Facts About ECB Powerhouse Christine Lagarde

Posted by By 21/05/2021Posted inForex
Christine Lagarde continues to lead the European Central Bank (ECB), paving the way for women in finance
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British Pound Eyes 2021 High Ahead of Bank of England (BoE) Testimony

Posted by By 21/05/2021Posted inForex
Fresh remarks from BoE officials may keep the British Pound afloat amid the growing discussion within the central bank to scale back the emergency measures.
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Bitcoin Price May Be in Peril After Losses Reshape Technical Landscape

Posted by By 21/05/2021Posted inForex
Bitcoin suffered staggering losses this week as technical levels gave way and months of gains evaporated in hours. The loss of technical support and risk appetite could see Bitcoin suffer…
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Stock Market Forecast: Nasdaq Slides on Strong US PMI Survey

Posted by By 21/05/2021Posted inForex
The Nasdaq Composite is pulling back from highs of the week as Treasury yields jump in response to flash US PMI data just released by IHS Markit, which underscored mounting…
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EUR/USD Outlook: 50-Day SMA Establishes Positive Slope Despite Dovish ECB

Posted by By 21/05/2021Posted inForex
Looming developments in the 50-Day SMA (1.1983) may instill a bullish outlook for EUR/USD as the moving average appears to be establishing a positive slope.
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Crypto Mania, Elon Musk, U.S. Dollar – FinTwit Trends to Watch

Posted by By 21/05/2021Posted inForex
Cryptocurrencies have been dominating headlines this week with questions being asked of Elon Musk’s influence as well as the persistent weakening of the U.S dollar.
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AUD/USD Technical Outlook: Tight-roping Strong Level of Support

Posted by By 21/05/2021Posted inForex
AUD/USD is holding onto support within the context of a sideways to up market; lines and levels to watch in the days ahead.
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Gold Price Technical Outlook – Looking at a Topside Break of the Bullish Channel

Posted by By 21/05/2021Posted inForex
Gold continues its multi-week push higher with trend resistance coming under increasing pressure
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