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USD/NOK Remains in Bear Flag; USD/CHF, USD/SEK Break Recent Uptrends

Posted by By 08/04/2021Posted inForex
The US Dollar is losing momentum against a basket of European currencies.
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Dow Jones, S&P 500, Nasdaq 100 Technical Forecast for Days Ahead

Posted by By 08/04/2021Posted inForex
The U.S. markets are standing tall in record territory, but can they keep up the momentum?
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FTSE 100 Rises on GBP/USD, GBP/EUR Correction: Crucial Resistance Ahead

Posted by By 08/04/2021Posted inForex
FTSE 100 a key beneficiary from GBP selling, however, key resistance lies ahead.
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Mexican Inflation Shoots Up, USD/MXN Awaiting Banxico Meeting Minutes for Guidance

Posted by By 08/04/2021Posted inForex
USD/MXN looks set to continue its decline as the Mexican economy heats up and may leave Banxico no choice but to adapt its monetary guidance
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Gold Price (XAU/USD) Technical Outlook – Strong Resistance Keeping Rally at Bay For Now

Posted by By 08/04/2021Posted inForex
Gold continues to probe multi-week highs but strong resistance lies ahead and the precious metal may need a fundamental boost to clear these hurdles
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GBP Q2 2021 Fundamental Forecast

Posted by By 08/04/2021Posted inForex
The British Pound rallied towards GBP/USD 1.4200, slightly higher than our expectations, before dropping back to 1.3700.
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Oil Price Outlook: Supply Concerns Added to Demand Slump, WTI Vulnerable Below $60

Posted by By 08/04/2021Posted inForex
The continued spread of Covid-19 despite global vaccination programs sees oil demand weaker than initially forecasted
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British Pound (GBP) Latest: EUR/GBP Losses Possible After Resistance Holds

Posted by By 08/04/2021Posted inForex
EUR/GBP could be ready for a retracement following the gains of the past two days after failing to rise above a congested area on the charts dating back to the…
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FTSE 100 Poised to Extend Gains Despite AstraZeneca Vaccine Concerns

Posted by By 08/04/2021Posted inForex
The UK benchmark FTSE 100 may shrug aside concerns regarding the AstraZeneca coronavirus vaccine and push to fresh post-crisis highs, on the back of swelling optimism as Britain progresses to…
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Gold Price Outlook: Edging Higher as USD Falls, Traders Eye Powell Speech

Posted by By 08/04/2021Posted inForex
Gold prices rebounded modestly as APAC traders digested the FOMC meeting minutes. Fed Chair Jerome Powell’s appearance at an IMF seminar on Thursday will be closely eyed.
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