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Australian Dollar Forecast: Choppiness Continues Near Pandemic Trendlines – Setups in AUD/JPY, AUD/USD

Posted by By 18/03/2021Posted inForex
Both AUD/JPY and AUD/USD rates are trading in negative territory at their daily lows, despite having been positive earlier on the session.
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Sterling Outlook: GBP/USD Coil Tightens Post-BoE/Fed– Breakout Levels

Posted by By 18/03/2021Posted inForex
Sterling continues to coil within the March range, just below technical resistance- we’re on breakout watch. Here are the levels that matter on the GBP/USD charts.
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USD/CAD Forecast: Bearish Price Series Persists Following Dovish FOMC

Posted by By 18/03/2021Posted inForex
USD/CAD may continue trade to fresh yearly lows in March as the exchange rate extends the series of lower highs and lows carried over from the previous week.
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Silver Technical Analysis – Postured for Another Leg Lower

Posted by By 18/03/2021Posted inForex
Silver has run into a couple of points of resistance while upside price action lacks conviction; the metal could be in for another leg lower soon.
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British Pound (GBP) Latest: BoE Reiterates Stance, GBP/USD Maintains Range

Posted by By 18/03/2021Posted inForex
Bank of England maintains current monetary policy in a 9-0 vote with the interest rate and APF left at 0.1% and GBP 895bln.
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EUR/USD Price Outlook Remains Biased to the Downside as Euro Weakness Continues

Posted by By 18/03/2021Posted inForex
The single currency remains on the back foot against the US dollar as US bond yields continue to move higher.
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How to Trade After a News Release

Posted by By 18/03/2021Posted inForex
Looking to trade post release? Read on for more on approaching volatile conditions after news events.
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DAX 30 Strongly Overbought as Bulls Regain Control Helped by the Fed

Posted by By 18/03/2021Posted inForex
Global equities push higher as the Federal Reserve sends a message of calmness and support
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Gold Price Forecast and Crude Oil Price Outlook: Reversals Likely Soon

Posted by By 18/03/2021Posted inForex
The price of gold has been rising steadily but a fall back is overdue; by contrast, crude oil prices have been dropping but are due for a correction higher.
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British Pound Price Forecast: Optimistic BoE to Buoy GBP/USD, GBP/JPY

Posted by By 18/03/2021Posted inForex
A cautiously optimistic outlook from the Bank of England will probably pave the way for the British Pound to extend its climb higher against the US Dollar and Japanese Yen.
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