Australian Dollar Forecast: Aussie Breakout Shows Signs of Exhaustion
Australian Dollar is attempting a fourth weekly rally with Aussie marking overbought at multi-year highs. These are the levels that matter on the AUD/USD weekly chart.
How to Trade Forex News: An Introduction
Find out the essentials of trading the news with this introductory guide to forex news trading
Euro Forecast: EUR/JPY, EUR/USD Remain Poised for Gains; EUR/GBP Eyes March 2020 Low
Each major EUR-cross has its own story to tell.
US Dollar Tests Key Support: EUR/USD, GBP/USD, AUD/JPY
The US Dollar is dangling on the cliff of a potentially large break down. But can USD bears do the pushing required?
Nasdaq, S&P 500 Recover as Powell Testimony Echoes Dovish Fed
Stocks are still trading in the red so far today, but the Nasdaq is bouncing back with the S&P 500 thanks to reassuring comments from Fed Chair Powell during his…
February Consumer Confidence Beats Expectations, US Dollar Weaker
The Consumer Confidence Index edged higher for the month of February, hitting its highest level since November. As the economic recovery continues and the reflation trade takes hold, rising yields…
USD/CAD Rate Remains Vulnerable Following Break Below January Low
The recent rebound in USD/CAD appears to have been a correction in the broader trend rather than a change in behavior as the exchange rate trades to fresh 2021 lows.
USD/JPY Technical Outlook Remains Tied to Channel
USD/JPY just tested the lower-side of a well-defined channel dating to the beginning of the year; the structure remains a key guide.
Where Next for Nasdaq, Bitcoin, Other Assets? – Market Sentiment Webinar
Trader confidence in the assets that have risen sharply in recent weeks has dissipated, but the current downturn could be a healthy correction prior to a resumption of the previous…
DAX 30, CAC 40 Technical Analysis: On Diverging Paths
The DAX is weakening a bit here while the CAC hangs tough; the latter is better positioned to rally, eyeing glaring gap from last year.