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Dow Jones & Crude Oil Forecast: Will a Crude Oil Breakout Boost the Dow?

Posted by By 09/02/2021Posted inForex
Energy stocks maybe benefit from a recent break higher in crude oil prices as the commodity pushes to its highest level since January 2020. Would a rise in energy stocks…
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Euro Forecast: EUR/USD Recovery Puts Monthly-Open Hurdle in Focus

Posted by By 09/02/2021Posted inForex
Euro has erased the early-monthly losses with the rally now facing the first resistance test. Here are the levels that matter on the EUR/USD weekly technical chart.
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Australian Dollar Forecast: Bull Run Resumes – Setups for AUD/JPY, AUD/USD

Posted by By 09/02/2021Posted inForex
The two major AUD-crosses have been trading in bull flags in recent weeks, but the consolidations may soon be finished.
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Silver Price Forecast: XAG/USD Bid Back Above 27 – Can SLV Hold?

Posted by By 09/02/2021Posted inForex
Silver put in a pronounced breakout to start last week, but quickly broke down. Can bulls re-claim the 30 handle or is a larger reversal brewing ahead?
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Bitcoin Bulls Backed by Tesla, CME launches Ethereum futures

Posted by By 09/02/2021Posted inForex
Tesla’s Bitcoin buy-in drives price action to fresh highs while Ether lags behind
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USD/CAD Snaps February Opening Range to Put Upward RSI Trend at Risk

Posted by By 09/02/2021Posted inForex
USD/CAD snaps the opening range for February and the RSI may offer a bearish signal if the indicator fails to retain the upward trend from earlier this year.
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Currency Volatility Subdued, USD Drops, EUR & GBP Benefit – US Market Open

Posted by By 09/02/2021Posted inForex
Safe-havens outperform as USD reverses. EUR tops 1.21 and GBP eyes 1.38
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S&P 500 Technical Update: Potentially Bearish Price Pattern Despite New Record

Posted by By 09/02/2021Posted inForex
The SPX is at a new record but increasing swings in price suggest there may be underlying instability that could lead to a decline.
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USD Technical Analysis: DXY at a Critical Juncture

Posted by By 09/02/2021Posted inForex
The DXY is in a precarious position here as bullish potential could soon turn to a trend resumption from the March high.
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Japanese Yen Latest: USD/JPY Reversal, EUR/JPY Coiling for a Breakout

Posted by By 09/02/2021Posted inForex
USD/JPY rejects 200DMA, however, reversal may find dip buyers. EUR/JPY coiling for a breakout
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