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Silver Price Forecast: Biden Infrastructure Plan May Direct XAG/USD Higher

Posted by By 29/03/2021Posted inForex
Silver investors will be watching this week's infrastructure plan announcement from US President Biden. The massive spending bill may rapidly push up inflation expectations and perhaps silver with it.
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Germany 30 IG Client Sentiment: Our data shows traders are now at their least net-long Germany 30 since Mar 11 when Germany 30 traded near 14,563.10.

Posted by By 29/03/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bullish contrarian trading bias.
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British Pound Price Forecast: GBP/USD, GBP/JPY, EUR/GBP Levels to Watch

Posted by By 29/03/2021Posted inForex
The British Pound has had a stellar start to 2021 however, although the currency’s long-term technical outlook remains bullish, fading momentum could lead to a period of consolidation in the…
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S&P 500 May Face Volatility Into Quarter End, but Momentum Points to More Upside

Posted by By 28/03/2021Posted inForex
The S&P 500 appears primed to continue higher, even as unusual activity on Friday worried traders. Moreover, quarter-end rebalancing may heighten volatility.
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Markets Week Ahead: Nasdaq 100, US Dollar, Gold, Crude Oil, Fed Ends SLR Exemption, NFPs

Posted by By 28/03/2021Posted inForex
Wall Street pulled off a recovery into the weekend as equities in parts of the Asia Pacific region wobbled. The US Dollar appears to be regaining upside momentum, leaving gold…
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Will Dow Jones Continue to Outperform Nasdaq 100 on Reflation Optimism?

Posted by By 28/03/2021Posted inForex
Reflation optimism and vaccine rollouts led to a rotation from tech into cyclical sectors, boosting the Dow Jones Industrial Average while pulling down the tech-heavy Nasdaq 100. Will this trend…
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US Dollar Price Outlook: US Dollar Rally Driving USD/JPY to Fresh Multi-Month Highs

Posted by By 28/03/2021Posted inForex
The US dollar continues to probe multi-month highs and despite the greenback looking overbought, the path of least resistance is higher still.
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USD/MXN Outlook: Should Banxico Keep Rates Steady or React to Inflation?

Posted by By 28/03/2021Posted inForex
Money markets are pricing in two possible rate hikes in 2021 as Mexico sees soaring inflation.
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Australian Dollar Technical Forecast: AUD/USD, AUD/CAD, AUD/JPY Chart Setups

Posted by By 28/03/2021Posted inForex
The Australian Dollar faces a variety of technical setups in the week ahead against the US Dollar, Canadian Dollar and Japanese Yen.
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Euro Forecast: EUR/USD Outlook Bleak on Lockdowns, Third Wave Fears

Posted by By 28/03/2021Posted inForex
EUR/USD is sure to bounce back at some time but for now it’s hard to see anything but further losses as the EU struggles with a third wave of Covid-19…
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