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Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment

Posted by By 09/05/2021Posted inForex
Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P…
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Weekly Australian Dollar Technical Forecast: Fresh Highs in Sight for AUD/JPY, AUD/USD

Posted by By 09/05/2021Posted inForex
It may not be the most seasonally friendly time of year for the Australian Dollar, but a prevailing ‘risk-on’ mood in global financial markets is giving a bid to the…
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Will Dow Jones Outperform Nasdaq 100 as Inflation Debates Heat Up?

Posted by By 09/05/2021Posted inForex
Optimism about post-Covid recovery drove capital from tech and into cyclical sectors, boosting the Dow Jones and pulling down the Nasdaq 100. Inflation expectations hit a multi-year high. Will this...
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US Dollar Outlook: DXY Plunges into May – USD in Free-Fall Post-NFP

Posted by By 09/05/2021Posted inForex
The US Dollar plummeted on the heels of NFP with an outside-weekly reversal risking further May losses. Here are the levels that matter on the DXY charts.
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Euro Forecast: EUR/USD Price Outlook Still Positive, Reaching for 1.22

Posted by By 09/05/2021Posted inForex
Last week ended well for EUR/USD, with Friday’s shockingly poor US jobs data giving it a lift, and this week could well see its advance extend if it can break…
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British Pound Technical Forecast: GBP/USD Breaks Higher, EUR/GBP Stagnates

Posted by By 08/05/2021Posted inForex
GBP/USD broke higher from a Symmetrical Triangle pattern late last week. Meanwhile, EUR/GBP remains largely rangebound.
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Gold Price Forecast: Falling Real Rates, Inflation Concerns to Buoy XAU/USD

Posted by By 08/05/2021Posted inForex
Falling real rates of return and rising inflation concerns may continue to drive bullion prices higher in the near term, as attention turns to April’s inflation and retail sales data.
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Crude Oil Forecast: Oil Prices Edge Lower Toward Trend Support

Posted by By 08/05/2021Posted inForex
Crude oil prices closed the week slightly higher on balance, but the commodity appears to be struggling at technical resistance as WTI peels back to test bullish trend support.
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US Dollar Weekly Outlook – US NFPs Massive Miss, Heavyweight Data Next Week Will Steer the US Dollar

Posted by By 08/05/2021Posted inForex
The US dollar rattled lower after a huge downside miss in the latest Jobs Report, will look to a clutch of heavyweight data releases to shape its near-term direction.
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Dow Jones & Nasdaq 100 Technical Forecasts for the Week Ahead

Posted by By 08/05/2021Posted inForex
The Dow Jones and Nasdaq 100 have seen their price patterns diverge as industrials outpace technology stocks. As a result, the two indices posses opposite technical forecasts for the week…
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