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South African Rand Outlook: Multi-Year Support Pending for USD/ZAR

Posted by By 16/02/2021Posted inForex
USD/ZAR has reached key historical levels which could provide long-term directional partiality as price action unfolds while COVID-19 vaccinations and U.S. stimulus remains at the forefront of USD/...
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British Pound (GBP) Latest: GBP/USD Jumping, EUR/GBP Sliding

Posted by By 16/02/2021Posted inForex
There’s no end in sight yet for the outperformance of UK assets, including both Sterling and the FTSE 100 index, as the UK rolls out coronavirus vaccines and the Government…
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FTSE 100 Forecast: Possible Rollback of Restrictions Buoying UK Stocks

Posted by By 16/02/2021Posted inForex
The UK’s benchmark FTSE 100 index looks set to extend recent gains as the marked decline in Covid-19 cases, and rapid delivery of inoculations, fuels restriction easing bets.
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Crude Oil Gains as Copper Prices Aim for 2012 High, Downside Potential Grows

Posted by By 16/02/2021Posted inForex
Crude oil climbed as copper aimed for 2012 highs and the US Dollar weakened as stocks rallied. As the former gain, so too do distances to key rising trendlines, creating…
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US Dollar Price Action Setups: AUD/USD, DXY, NZD/USD, USD/CAD

Posted by By 16/02/2021Posted inForex
Time -cycle analysis suggests that the US Dollar is poised to significantly underperform its major counterparts in the medium to long term. Key levels for AUD/USD, DXY, NZD/USD and USD/CAD
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Dow Jones, Treasury Yields Climb on Vaccination Milestones. ASX 200 May Rise

Posted by By 16/02/2021Posted inForex
Dow Jones futures, the FTSE 100 and Euro Stoxx 50 gained on vaccine rollout progress as the 10-year Treasury yield soared at market open. The ASX 200 and Nikkei 225…
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Markets Week Ahead: S&P 500, US Dollar, Crude Oil, Gold, FOMC, Liquidity Conditions

Posted by By 15/02/2021Posted inForex
Equities continued their upward trajectory, with the S&P 500, FTSE 100 and Nikkei 225 pushing higher. This left the US Dollar vulnerable at the expense of the Australian Dollar. Crude…
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Bitcoin (BTC/USD) Bears Breathe Sigh of Relief

Posted by By 15/02/2021Posted inForex
Bitcoin (BTC/USD) Retraces from All-Time Highs
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Crude Oil Rally Stretched, Risk of Possible Correction Ahead

Posted by By 15/02/2021Posted inForex
Oil prices have gone from strength to strength in recent months. However, prices are now trading at overbought levels.
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DAX 30 Forecast: Bond Yields Creep Up but Equities Continue to Shine

Posted by By 15/02/2021Posted inForex
With a holiday in both the US and Asia, equities are taking advantage of reduced volumes to squeeze out positive momentum
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