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US Dollar Technical Forecast: USD/SGD, USD/PHP, USD/THB, USD/IDR

Posted by By 01/04/2021Posted inForex
The US Dollar continues to consolidate against most ASEAN currencies, such as the Singapore Dollar, Philippine Peso and Indonesian Rupiah. But, it might make more gains against the Thai Baht.
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Gold Price Forecast: Long-Term Technical Picture Remains Constructive for XAU/USD

Posted by By 01/04/2021Posted inForex
Gold prices have struggled to move higher over the last six months as yields on long-term Treasuries surged to 12-month highs. However, recent price action suggests a recovery is on…
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Natural Gas Outlook: Colder Weather, Technical Support to Guide Prices Higher?

Posted by By 01/04/2021Posted inForex
Natural gas moved lower in March following an upbeat February performance. Now, between two key moving averages, a colder weather outlook in the US may help guide prices higher.
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Nasdaq Rallies on Biden's Infrastructure Proposal, Hang Seng and ASX 200 May Climb

Posted by By 01/04/2021Posted inForex
The Nasdaq 100 rallied while Dow Jones retreated after President Joe Biden announced his infrastructure spending and corporate tax hike proposal. Asia-Pacific markets look set to trade mildly higher.
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AUD/USD Pressured as Treasury Selloff Forecasts Stronger USD, Trade Data Eyed

Posted by By 31/03/2021Posted inForex
AUD/USD is clinging to a vital support level after a rise in US Treasury yields bolstered the case for a stronger USD. Traders are eyeing Australian trade balance, due out…
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US Dollar Softens as Biden Proposes $2-Trillion Spending Package

Posted by By 31/03/2021Posted inForex
The US Dollar is turning slightly lower as traders digest headlines from President Joe Biden on his $2-trillion infrastructure spending package crossing market wires now.
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S&P 500 Forecast: Index Creeps Toward 4000 Mark, Can it Break Higher?

Posted by By 31/03/2021Posted inForex
The S&P 500 trades within striking distance of the psychologically-significant 4,000 mark but can it break the key barrier as weakness in market leaders like Apple and Amazon continues to…
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Euro Forecast: EUR/USD Outlook Clouded by RSI Divergence

Posted by By 31/03/2021Posted inForex
The Relative Strength Index (RSI) appears to be diverging with price as the weakness in EUR/USD fails to push the indicator into oversold territory.
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Gold Price Forecast: Rebound at March Low Arrives Ahead of Seasonally Strong April – Levels for XAU/USD

Posted by By 31/03/2021Posted inForex
Gold prices remain in their downtrend since the August 2020 high, but a turn of the calendar may bring a fresh perspective to bullion.
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Monthly Forex Seasonality – April 2021: Bulls on Parade, Trampling USD

Posted by By 31/03/2021Posted inForex
By some measures, April has been either the best or second best month of the year for EUR/USD and GBP/USD rates, as well as the S&P 500.
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