Canadian Dollar Technical Analysis: Loonie Eyes Yearly Highs – Setups in CAD/JPY, USD/CAD
Commodity prices continue to rally sharply, giving a leg up to growth-linked currencies.
Market Sentiment in Neutral Ahead of FOMC Meeting | Webinar
Trader confidence in the US stock markets remains high ahead of this week’s US monetary policy meeting but currencies are subdued.
Japanese Yen Price Set-Up: USD/JPY Reversal, GBP/JPY & Month-End
Japanese Yen under pressure into month end, eyes on FOMC ahead.
Bitcoin, Ether Jump Higher Despite Second Crypto Exchange Collapse in Turkey
Digital currencies recover from last week’s slump, building momentum on yesterday’s surge
Gold Price Outlook – Potential Breakout Looming as Fed, US Data Prints and Tech Company Results Collide
Gold remains unable to break back above $1,800/oz. but volatility may heighten as the latest Fed policy announcement, US data prints, and Big tech earnings heave into view
Crude Oil Price Outlook: Upside Risk as OPEC+ Meets to Discuss Output
OPEC and its allies meet this week to reconsider their plan to ease production curbs from May 1; the risk is that the plan is put on hold due to…
British Pound Price Forecast: Reopening Optimism to Drive GBP/USD Higher
Better-than-expected economic data, falling coronavirus case numbers, and reopening optimism may continue to drive the British Pound higher against its major counterparts in the near term.
Gold Prices May Fall as Chart Setup Warns of Topping Before FOMC
Gold prices may turn lower if a bearish Head and Shoulders chart pattern plays out as advertised. The FOMC monetary policy announcement lines up as a catalyst.
Japanese Yen Forecast: Dovish BoJ, Covid-19 Lockdowns to Keep JPY on Backfoot
The Bank of Japan’s upgraded GDP forecasts pushed JPY higher against USD however, the central bank’s dovish stance and a slew of coronavirus restrictions will likely keep the currency on…
AUD/USD Analysis: Struggling at 0.78 Despite Chinese Industrial Profits Surge
AUD/USD fell once again at the 0.78 handle as strong Chinese industrial profits struggled to offer much for the Australian Dollar. All eyes are on the Fed this week.