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Nasdaq 100 Forecast: Eyeing Further Downside if a "Death Cross" Forms

Posted by By 20/03/2021Posted inForex
The Nasdaq 100 index failed to breach above the trend-defining 50-day SMA line and has reversed lower since. The formation of a “Death Cross” may point to further downside potential.
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Swiss Franc Forecast: Why CHF May be at Risk Despite Wobbly Stocks, Eyes on SNB

Posted by By 20/03/2021Posted inForex
The Swiss Franc has been struggling to capitalize on stock market volatility ahead of the SNB policy meeting. Rising government bond rates externally may leave CHF vulnerable in the long…
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Canadian Dollar Forecast: USD/CAD, AUD/CAD Spotlight on Technical Levels

Posted by By 20/03/2021Posted inForex
USD/CAD and AUD/CAD shifted through key technical levels last week. What are the paths of least resistance for the Canadian Dollar versus the Greenback and Aussie-Dollar?
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Weekly Fundamental Australian Dollar Forecast: RBA on Defense; Data Trends Weakening; PMIs Ahead

Posted by By 20/03/2021Posted inForex
The last week of March brings about a quieter economic calendar for Australia, with the trio of PMI reports the sole focus.
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Gold Price Forecast: Rebound to Endure After Break Above Key Resistance

Posted by By 19/03/2021Posted inForex
Gold prices have rebounded robustly higher in recent days, and may extend gains in the coming weeks after breaching key resistance.
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British Pound Defends March Open Range Ahead of UK Jobs, CPI Report

Posted by By 19/03/2021Posted inForex
Key data prints coming out of the UK may keep the British Pound within the monthly range as the Bank of England (BoE) retains the current course for monetary policy.
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EUR/USD Erases FOMC Driven Gain as ECB Warns of Euro Area Recession

Posted by By 19/03/2021Posted inForex
EUR/USD gives back the advance following the Federal Reserve interest rate decision as ECB President Christine Lagarde warns of a technical recession.
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Gold Price (XAU/USD) Outlook – Battling with Resistance, Sentiment Remains Bearish

Posted by By 19/03/2021Posted inForex
Gold may struggle to break chart resistance as US Treasury yields seem set to push higher, weighing on the value of the precious metal.
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Australian Dollar Forecast: Key AUD/USD Levels to Watch

Posted by By 19/03/2021Posted inForex
Choppy trade remains for AUD/USD with focus on bond yields for direction.
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Crypto Update: BTC/USD, ETH/USD Building Momentum Within Shy Distance of ATH

Posted by By 19/03/2021Posted inForex
The cryptocurrency market continues to attract speculative interest as bullish momentum consolidates
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