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IBEX 35 and Euro Stoxx 50 May Rise as Eurozone Countries Cast an Eye to Reopening

Posted by By 05/03/2021Posted inForex
European equities, such as the IBEX 35 and Euro Stoxx 50, may face near-term upside as Eurozone countries expand vaccination efforts and begin lifting COVID lockdown restrictions.
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Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge

Posted by By 05/03/2021Posted inForex
Treasury yields surged higher after Fed Chair Jerome Powell failed to cool bond market volatility. AUD/USD broke below a key trendline after safe-haven bids drove the US Dollar higher.
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US Dollar Outlook: USD/JPY on Fire as Yields Soar Post-Powell

Posted by By 04/03/2021Posted inForex
USD/JPY to its strongest level in nine months near the 108.00-price as the US Dollar rockets broadly higher alongside another sharp rise in Treasury yields following Fed Chair Powell.
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Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook

Posted by By 04/03/2021Posted inForex
The Euro has been weaker than one might expect against the trio of major commodity currencies as a risk-off mood has gripped global financial markets.
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Canadian Dollar Price Forecast: USD/CAD Holds Support as USD Drives

Posted by By 04/03/2021Posted inForex
Oil surging has helped CAD to remain strong, but can USD/CAD bulls finally clear the longer-term falling wedge? Or are deeper lows awaiting?
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Silver (XAG/USD) Slips Through Support, Platinum Indecisive

Posted by By 04/03/2021Posted inForex
Silver prices slide, Platinum hindered by Fibonacci Support
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Oil – US Crude IG Client Sentiment: Our data shows traders are now at their least net-long Oil – US Crude since Jan 06 when Oil – US Crude traded near 5,008.80.

Posted by By 04/03/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bullish contrarian trading bias.
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EUR/USD & Nasdaq Plunging as Powell Unleashes Yield Surge

Posted by By 04/03/2021Posted inForex
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Gold Price Outlook: Gold Breakdown Plunges into Downtrend Support

Posted by By 04/03/2021Posted inForex
The late-February breakdown may be losing some steam as the multi-week decline probes trend support. Here are the levels that matter on the XAU/USD technical charts.
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Breaking: Crude Oil Prices Spike on Saudi and OPEC Surprise

Posted by By 04/03/2021Posted inForex
Oil prices surge as Saudi Arabia and OPEC agree to refrain from boosting oil production.
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