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US Dollar Outlook: USD/CAD Volatility to Rise, Jobs Data Looms

Posted by By 06/05/2021Posted inForex
The US Dollar snapped notably lower during Thursday's trading session led by EUR/USD strength and USD/CAD weakness. USD/CAD price volatility might accelerate with high-impact jobs data due.
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Bitcoin Price Forecast: BTC Battles Resistance as Altcoins Siphon Demand

Posted by By 06/05/2021Posted inForex
Bitcoin is grappling with resistance as altcoins like Doge rocket higher. While BTC remains the largest coin by market cap, surging prices elsewhere have begun to steal its appeal.
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Federal Reserve Hints at Potential Declines in Asset Prices, Calls for Hedge Fund Transparency

Posted by By 06/05/2021Posted inForex
The Federal Reserve released its financial stability report on Thursday, in which the central bank highlighted the vulnerability of various asset prices.
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Euro Technical Analysis: Rally May Have Another Leg – Levels for EUR/GBP, EUR/JPY, EUR/USD

Posted by By 06/05/2021Posted inForex
The Euro started May on rocky footing, but may be turning the corner after a trio of EUR-crosses rebounded at their daily 21-EMAs.
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Gold Price Tops $1,800 with Conviction – More Gains Ahead?

Posted by By 06/05/2021Posted inForex
Gold price action has been ripping higher over recent trading sessions alongside silver. The precious metals are up 2.6% and 5.9% respectively this month, but could more gains be in…
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Canadian Dollar Forecast: USD/CAD Plunge Marks Fifth Week– NFP on Tap

Posted by By 06/05/2021Posted inForex
Canadian Dollar breakout to fresh multi-year lows has USD/CAD eyeing initial support hurdles into NFP. The technical levels that matter on the Loonie weekly chart.
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Dogecoin: Doge Drops from All-Time High, Musk’s SNL Debut Up Next

Posted by By 06/05/2021Posted inForex
Dogecoin recently reached a new all-time high after another two platforms announced that they would offer the meme-inspired coin. Doge trades down for the day thus far
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Oil Price Rally Vulnerable Amid Failure to Test March High

Posted by By 06/05/2021Posted inForex
The rally in the price of oil appears to be stalling ahead of the March high ($67.98) as it fails to extend the series of higher highs and lows from…
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EUR Technical Outlook: EUR/USD Trying to Stabilize, Levels & Lines to Watch

Posted by By 06/05/2021Posted inForex
EUR/USD is rising off a noteworthy support level, but has some work to do yet if it is to continue the rally from the March low.
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Breaking: Bank of England Tapers QE, GBP/USD Jumps

Posted by By 06/05/2021Posted inForex
BoE announces that it will slow QE purchases, while also upgrading their economic outlook.
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