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S&P 500 Forecast: Stocks Pull Back as Tech Earnings Approach

Posted by By 20/04/2021Posted inForex
US equities are on the backfoot as strong bank earnings have faded into the rearview ahead of technology earnings. An abysmal quarterly report from Netflix will do little to bolster…
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US Dollar Forecast: Turn Higher May be Stymied if US Yields Do Not – Levels for DXY Index, USD/JPY

Posted by By 20/04/2021Posted inForex
The US Dollar (via the DXY Index) is trading higher on the day for just the sixth time in April.
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DOGE frenzy continues while Bitcoin (BTC/USD) Backs Down

Posted by By 20/04/2021Posted inForex
Dogecoin’s rally continues as Bitcoin bulls face tests at key levels.
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Canadian Dollar Forecast: USD/CAD Breakout Potential– Loonie Levels

Posted by By 20/04/2021Posted inForex
Canadian Dollar is threatening a breakout of the April range with USD/CAD eyeing key resistance. Here are the technical levels that matter on the Loonie weekly chart.
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Nasdaq 100 ETF Sees Largest Outflow Since October – Stock Market Update

Posted by By 20/04/2021Posted inForex
The Nasdaq 100-tracking QQQ ETF recorded its largest outflow since October on Friday as equities entered the week on the backfoot. Nevertheless, the longer-term trend remains higher, at least for…
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Crude Oil Prices Drop as US Push Through With Anti-OPEC Bill

Posted by By 20/04/2021Posted inForex
Oil prices extend losses as US House Judiciary Committee pass NOPEC Bill
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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Posted by By 20/04/2021Posted inForex
Although the BOE doesn’t meet again until May, the ECB is squarely in focus with its April rate decision this week.
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Gold Price Outlook: Gold Breakout Stalls at Trend Resistance

Posted by By 20/04/2021Posted inForex
Gold prices have surged more than 6.2% off the March low with XAU/USD now probing monthly uptrend resistance. Here are the levels that matter on the technical charts.
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Silver Price Forecast: Price Action Firming for Soft, White Metal – Levels for XAG/USD

Posted by By 20/04/2021Posted inForex
Silver prices have eased off their April highs, setting up what could be perhaps the first test of nascent bullish momentum.
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NZD/USD Attempts to Negate Head-and-Shoulders Pattern Ahead of NZ CPI

Posted by By 20/04/2021Posted inForex
NZD/USD appears to be on track to negate the head-and-shoulders formation from earlier this year as it approaches the March high (0.7307).
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