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Euro Stoxx 50 Fades From Post-Pandemic High, Broader Rally Remains Intact

Posted by By 08/04/2021Posted inForex
The European blue-chip index declined during trade on Wednesday as fears mounted over growing coronavirus cases and additional vaccine bottlenecks.
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US Dollar Technical Forecast: USD/SGD, USD/THB, USD/PHP, USD/IDR

Posted by By 08/04/2021Posted inForex
The US Dollar may extend gains against the Thai Baht. But, its price action within USD/SGD, USD/PHP and USD/IDR seem to be favoring more range-bound trading conditions.
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JPY Q2 2021 Fundamental Forecast

Posted by By 08/04/2021Posted inForex
As anticipated, the Japanese Yen started off the new year on a sour note.
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British Pound Technical Forecast: GBP/AUD, GBP/CAD, GBP/CHF Key Levels

Posted by By 08/04/2021Posted inForex
The British Pound's technical posture against the Australian Dollar, Canadian Dollar and Swiss Franc presents near-term levels that may dictate upcoming price action.
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Euro Price Forecast: EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD Key Levels

Posted by By 08/04/2021Posted inForex
The Euro has regained lost ground against its major counterparts recently. Are further gains in the offing or is this just a short-term countertrend correction? EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD k...
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Dow Jones Holds Gain on Dovish Fed, Nikkei 225 and ASX 200 Trade Mixed

Posted by By 08/04/2021Posted inForex
Stocks on Wall Street hovered near record highs after the release of FOMC minutes. The US Dollar gained alongside Treasury yields. Asia-Pacific equity indices look set to trade mixed.
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NZD/USD May Lift on Travel Bubble but Technical Signal Shows Short-term Pullback

Posted by By 07/04/2021Posted inForex
The New Zealand Dollar is moving lower within a Falling Wedge pattern against the US Dollar. A travel bubble between New Zealand and Australia may help bolster the two neighboring…
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AUD/USD Rebound Takes Shape Amid Failure to Close Below H&S Neckline

Posted by By 07/04/2021Posted inForex
Lack of momentum to close below the neckline may generate a larger rebound in AUD/USD even as the exchange rate trades within a head-and-shoulders formation.
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Gold Price Forecast: Will a Double Bottom Pattern Spark Price Gains?

Posted by By 07/04/2021Posted inForex
Gold has stumbled lower since August but a recent trading pattern could suggest the precious metal is looking to turn higher. Can the bullish formation spark a gold price rally?
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EUR/CAD Weakness: Q2 Top Trading Opportunities

Posted by By 07/04/2021Posted inForex
EUR/CAD has fallen a whopping 700-pips so far this year, succumbing to a massive wave of selling pressure on the back of Euro weakness and Canadian Dollar outperformance.
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