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Canadian Dollar Analysis, Will Momentum Continue? USD/CAD, GBP/CAD, CAD/JPY

Posted by By 20/04/2021Posted inForex
The Canadian Dollar recently weakened against some of its major counterparts. USD/CAD is eyeing key support, with GBP/CAD looking to extend gains. CAD/JPY may bounce next.
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Natural Gas Forecast: Prices Rise as Rare Cold Snap Grips Central US

Posted by By 20/04/2021Posted inForex
A late-season cold snap in the United States is driving natural gas prices higher this week but will it last?
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Australian Dollar Price Outlook: AUD/USD, AUD/JPY, AUD/NZD, AUD/CHF

Posted by By 20/04/2021Posted inForex
The Australian Dollar’s losses against its major counterparts may prove short-lived, as a series of bullish technical setups begin to take shape on multiple AUD cross. AUD/USD, AUD/JPY, AUD/NZD, AU...
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S&P 500 Index Falls as Tech Retreats, Nikkei 225 and ASX 200 May Follow

Posted by By 20/04/2021Posted inForex
The S&P 500 paused a record rally amid weakness in the technology sector. Profit-taking activities appeared to be gathering pace as traders awaited corporate earnings. The US Dollar fell to…
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New Zealand Dollar Forecast: NZD/USD Gains on Greenback Drop, Inflation Data Looms

Posted by By 19/04/2021Posted inForex
NZD/USD is on the move higher as rising commodity prices and US Dollar weakness bolstered the New Zealand Dollar. Investors are eyeing inflation data.
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British Pound Technical Analysis: GBP/AUD, GBP/CAD, GBP/NZD Rates Outlook

Posted by By 19/04/2021Posted inForex
Price action through the turn of April suggests that better days may be ahead for the GBP-crosses.
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Gold Price Breakout on Hold as Yields Rise, GLD ETF Clocks Outflows

Posted by By 19/04/2021Posted inForex
The Gold-tracking GLD ETF continues to see outflows even as gold pushes to its highest price in nearly two months. Gold bulls will also have to negotiate Treasury yields which…
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Nasdaq 100 ETF Sees Largest Outflow Since October – Stock Market Update

Posted by By 19/04/2021Posted 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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FinTwit, Women and Trading: An Interview with @DeadCaitBounce

Posted by By 19/04/2021Posted inForex
Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.
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US Dollar Price Action Setups: EUR/USD, GBP/USD

Posted by By 19/04/2021Posted inForex
The US Dollar continues to slide and this has helped to propel both EUR/USD and GBP/USD. Do USD bears have staying power?
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