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NZD/USD May Fall on Technical Signal as APAC Markets Look for Direction

Posted by By 22/03/2021Posted inForex
US markets moved higher to start the week, as Treasury yields fell across the curve. Meanwhile, Asia-Pacific markets will trade with a light economic calendar, and this week’s chip-manufacturer fir...
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US Dollar Outlook: USD/TRY Volatility Spikes as Lira Implodes

Posted by By 22/03/2021Posted inForex
The US Dollar was little changed against key FX peers like the Euro, Pound, and Yen as Treasury yields edged lower, but USD/TRY price action surged as Turkish Lira volatility…
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Gold Price Recovery Slows, Treasury Yields Remain Key to Future Moves

Posted by By 22/03/2021Posted inForex
Gold is in the midst of a recovery rally after cratering to its lowest level since June and bouncing off an important trendline in early March. Treasury yields remain an…
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Dow Jones Price Forecast for the Week Ahead

Posted by By 22/03/2021Posted inForex
The Dow Jones trades within a few hundred points of record levels with minimal resistance overhead. Should risk appetite persist, the Dow could drive deeper into uncharted territory.
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Canadian Dollar Forecast: Did USD/CAD Just Bottom? Loonie Levels

Posted by By 22/03/2021Posted inForex
Canadian Dollar is in limbo with the post-FOMC rally in USD/CAD looking for fuel. Here are the technical levels that matter on the Loonie weekly chart.
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CAC 40, Euro Stoxx 50 Step Back From One Year Highs

Posted by By 22/03/2021Posted inForex
After hitting their highest levels since February 2020 in mid-March, the CAC 40 and Euro Stoxx 50 are trading slightly lower at the start of the new week.
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Bitcoin (BTC/USD) Backs Down, Ethereum (ETH/USD) Sets Range

Posted by By 22/03/2021Posted inForex
Crypto currencies are on their back foot, with Ethereum sticking to what's been a consistent range as Bitcoin bulls take a step back.
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Japanese Yen Bulls Capitulate as Traders Flip Net-Short – COT Report

Posted by By 22/03/2021Posted inForex
Japanese Yen Flips Net Short for the First Time in a Year. USD Sees Another Cycle High Short Reduction
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Markets Week Ahead: Dow Jones, US Dollar, Treasury Yields, Crude Oil, Reflation Trade

Posted by By 22/03/2021Posted inForex
The Dow Jones, S&P 500 and Nasdaq Composite sank as the Fed remained sanguine about Treasuries. A relatively quiet economic calendar docket ahead may leave the markets focusing on broader…
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US Dollar Technical Analysis: DXY Lines and Levels to Watch in Days Ahead

Posted by By 22/03/2021Posted inForex
The DXY remains directionless in the short-term; levels and lines to watch for cues as to which direction the USD index wants to move next.
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