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US Dollar Outlook: DXY Index Forges Ahead to Fresh 4-Month High

Posted by By 30/03/2021Posted inForex
The US Dollar is extending its advance as broad-based strength across USD price action propels the DXY Index to new four-month highs. Will the US Dollar continue to gain ground…
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USD/CAD to Track Monthly Range Amid Failure to Hold Above 50-Day SMA

Posted by By 30/03/2021Posted inForex
Lack of momentum to push back above the 50-Day SMA (1.2644) may keep USD/CAD within the March range like the price action from earlier this month.
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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Posted by By 30/03/2021Posted inForex
The drumbeat continues: rising US Treasury yields are a sign of the market’s confidence in the recovery, not a sign that inflation will run higher and hotter than anticipated.
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Euro Outlook: EUR/USD Plummets Towards 1.17- Bear March into April

Posted by By 30/03/2021Posted inForex
Euro plunged nearly 3% in March with EUR/USD marking fresh yearly lows into the monthly close. Here are the levels that matter on the Euro technical charts.
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GBP/JPY Maintaining Uptrend; GBP/USD Setback Deepens; EUR/GBP Bearish Breakout Nears

Posted by By 30/03/2021Posted inForex
At first glance, there’s no clear direction across the GBP-complex, with each of the major GBP-crosses telling a different story.
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Find Your Forex Entry Point: 3 Entry Strategies To Try

Posted by By 30/03/2021Posted inForex
Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.
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Nasdaq Price Outlook: Stocks Unfazed by Robust Consumer Confidence

Posted by By 30/03/2021Posted inForex
The Nasdaq was off by about -1% and hovering near session lows with Treasury yields back on the rise, but can a big beat on consumer confidence data help stem…
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AUD/USD Technical Outlook Mired by Head-and-Shoulders Formation

Posted by By 30/03/2021Posted inForex
Failure to defend the February low (0.7564) casts a bearish outlook for AUD/USD as a head-and-shoulders formation takes shape.
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Japanese Yen Outlook: Fresh Highs for USD/JPY as U.S. Dollar Advances

Posted by By 30/03/2021Posted inForex
USD/JPY continues to push higher as U.S. Treasury yields prompt a stronger dollar, while technical set-ups could point to upcoming bearish reversals.
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Market Sentiment Positive, USD Strengthens But Stocks Climb Too | Webinar

Posted by By 30/03/2021Posted inForex
Trader confidence is holding up well in the markets, with stocks still pushing ahead, but US Treasury yields and the US Dollar also continue to climb, and gold is suffering.
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