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USDJPY Price Outlook: US Dollar Strength Driving USDJPY to Multi-Week Highs

Posted by By 05/02/2021Posted inForex
The ongoing strength of the US dollar has forced USDJPY back through an old area of resistance, with the pair now eyeing further gains
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Australian Dollar Forecast: Key AUD/USD, AUD/NZD Levels to Watch

Posted by By 05/02/2021Posted inForex
Dovish RBA curbs Australian Dollar upside AUD/NZD downside risks remain
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Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead

Posted by By 05/02/2021Posted inForex
Volatility has seen the Dow Jones, Nasdaq 100 and DAX 30 bounce wildly between technical levels. Short of a break beneath longstanding resistance, however, the outlook remains constructive.
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South African Rand Outlook: ZAR Remains Upbeat Leading up to NFP

Posted by By 05/02/2021Posted inForex
The Rand continues to strengthen as NFP data is released later today
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GBP/USD, EUR/GBP: British Pound Cheers Distancing from Negative Rates

Posted by By 05/02/2021Posted inForex
The British Pound picks ups bullish momentum as the Bank of England pushes back on NIRP
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US Dollar Price Outlook: USD/CAD Aiming Higher with NFP in Focus

Posted by By 05/02/2021Posted inForex
The US Dollar may continue to gain ground against its Canadian counterpart as a noticeable pickup in inflation fuels tapering bets ahead of the NFP report for January.
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Gold Prices May Fall Further as US Jobs Data Drives Fed Outlook

Posted by By 05/02/2021Posted inForex
Gold prices may continue to sink as US employment and wage inflation data encourage more active speculation about the timeline for Fed stimulus withdrawal.
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Indian Rupee Gains, Nifty 50 Weakens on RBI Rate Hold. USD/INR Eyeing Support

Posted by By 05/02/2021Posted inForex
The Indian Rupee rose as the Nifty 50 slightly fell after the RBI left benchmark rates unchanged despite recent weakening inflation and a massive fiscal spending plan. Will USD/INR bounce?
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Euro Technical Forecast: EUR/USD, EUR/JPY, EUR/GBP, EUR/CAD

Posted by By 05/02/2021Posted inForex
It was a bad week for the Euro, but there may be some positive items yet as EUR/USD is working on a bullish engulfing bar to finish a fairly bearish…
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S&P 500 Leads Hang Seng, ASX 200 Higher Ahead of NFP, Kuaishou IPO Eyed

Posted by By 05/02/2021Posted inForex
The S&P 500 and Dow Jones indices closed at record highs on stimulus progress, while the US Dollar rose ahead of NPFs. Short-video app Kuaishou is debuting in HK today,…
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