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Australian Dollar Outlook: Iron Ore May Pull AUD/USD Higher if Chinese Data Impresses

Posted by By 14/03/2021Posted inForex
The Australian Dollar may see an influx of strength if iron ore prices rise on better-than-expected Chinese economic data.
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Markets Week Ahead: Dow, Bitcoin, EUR/USD, Fed Update, Stimulus, Yields

Posted by By 14/03/2021Posted inForex
Markets have been quite choppy over the last few trading sessions with risk trends and investor sentiment improving more recently. Will the Fed meeting on deck reignite volatility in the…
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Nasdaq 100 Forecast: Will Calming Yields Revive the Tech Sector?

Posted by By 14/03/2021Posted inForex
A tepid US core CPI reading and smooth Treasury note auctions last week calmed longer-term yields, which alleviated pressure on tech sector. Will this trend be sustained?
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US Dollar Technical Forecast for the Week Ahead: USD in Limbo

Posted by By 14/03/2021Posted inForex
The Dollar is trying to reassert itself, but has its work cut out in the days ahead if its to keep its footing.
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Mexican Peso Outlook: USD/MXN Strongly Correlated to Bond Yields

Posted by By 14/03/2021Posted inForex
USD/MXN hits 5-month high as bond yields pick up pace.
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Australian Dollar Technical Forecast: AUD/USD, AUD/CAD, AUD/JPY Charts to Watch

Posted by By 14/03/2021Posted inForex
A series of key technical levels offer potentially actionable trade levels across several Australian Dollar pairs. What are the key levels to watch out for in AUD/USD, AUD/CAD and AUD/JPY?
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Euro Forecast: EUR/USD Well Supported as Global Central Banks Meet

Posted by By 14/03/2021Posted inForex
Last week’s meeting of ECB monetary policymakers failed to weaken Eurozone bond yields, and any further moves higher this week would likely result in corresponding gains for EUR/USD.
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British Pound Technical Forecast: Sterling Rally Fragile into Fed/BoE

Posted by By 13/03/2021Posted inForex
Sterling may have snapped a two-week losing streak but GBP/USD remains on defense into the FOMC/BoE. Here are the levels that matter on the weekly technical chart.
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Gold Price Forecast: XAU/USD Hinges on Fed Meeting, Real Yields

Posted by By 13/03/2021Posted inForex
XAU/USD price action caught a much-needed bid this past week as gold pushed higher thanks to help from a slightly softer US Dollar. Will the Fed meeting on deck spark…
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Weekly Technical Crude Oil Price Forecast: Ignore Short-term Noise – A Multi-Decade Downtrend is Broken

Posted by By 13/03/2021Posted inForex
Crude oil prices have been on fire in 2021, and in the process of their run higher, have cleared significant technical resistance. Any setbacks should be viewed in this context.
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