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Euro Technical Analysis: EUR/USD, EUR/JPY Eyeing Push to Higher Highs

Posted by By 26/04/2021Posted inForex
The Euro looks poised to extend recent gains against its major counterparts in the weeks ahead, as bullish technical setups point to further upside. Key levels for EUR/USD and EUR/JPY…
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Dow Jones, Hang Seng, ASX 200 Outlook: FAANG Results in Focus as Earning Season Peaks

Posted by By 26/04/2021Posted inForex
Stocks on Wall Street closed broadly higher on Friday as investors anticipated strong earnings from FAANG companies this week. The Fed and BoJ interest rate decisions and Chinese PMI data…
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USD/JPY May Rise at Trendline Support Following Bank of Japan Rate Decision

Posted by By 25/04/2021Posted inForex
USD/JPY is testing trendline support following a third weekly loss. Yen traders will have their eyes on the upcoming Bank of Japan rate decision this week.
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Markets Week Ahead: EUR/USD, Nasdaq, Gold, Fed, Earnings, GDP & Inflation

Posted by By 25/04/2021Posted inForex
Markets look ripe for volatility next week. What are EUR/USD, Nasdaq, and gold traders watching out for with the Fed decision, equity earnings, and release of GDP and inflation data…
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S&P 500 Forecast: Will Strong Earnings Shelter Stocks from Tax-Motivated Selling?

Posted by By 25/04/2021Posted inForex
Strong Q1 earnings and upbeat economic data may shelter the US stock market from tax headwinds. Investors are eyeing FAANG results this week amid worsening pandemic situations elsewhere in the…
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Sentiment Indicators: Using IG Client Sentiment

Posted by By 25/04/2021Posted inForex
IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.
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US Dollar Technical Forecast: DXY Weakness May Find Respite in Week Ahead

Posted by By 25/04/2021Posted inForex
The US Dollar weakened for the third consecutive week, with the DXY index dropping 0.86%. Now, the Greenback faces technical support that may end the trend lower.
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Mexican Peso Weekly Forecast: USD/MXN Bears Remain in Control

Posted by By 25/04/2021Posted inForex
The Mexican Peso holds its ground against the US Dollar despite slow vaccinations and a move away from risk.
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Euro Forecast: EUR/USD Outlook Still Constructive After Break Above 1.20

Posted by By 25/04/2021Posted inForex
Last week saw EUR/USD break above 1.20 for the first time since early March; now it will likely pause for breath before possibly strengthening further.
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GBP Technical Forecast: GBP/USD Bullish Above Longer-term Support

Posted by By 24/04/2021Posted inForex
Cable broke out of a bull-flag last week, but spent a few days retracing that initial move; look for the outlook to remain bullish above longer-term trend support.
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